Learn to combine two powerful things in one setup for a high probability trade setup. How?
Find volatility compression in a volatile stock or where a big move has already happened. Then, look for NR4/NR7 & inside bar combo (one of most popular strategies amongst traders).
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Find volatility compression in a volatile stock or where a big move has already happened. Then, look for NR4/NR7 & inside bar combo (one of most popular strategies amongst traders).
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Example: Just Dial was the stock which fulfilled this criteria. There was big volatile down move and then compression in the form of NR7 and 3 inside bars.
See how it moved today, upon breaking low of previous day narrowest inside bar.
See how it moved today, upon breaking low of previous day narrowest inside bar.
Another example which you need to watch tomorrow.
Auropharma Futures chart. Breaking out today's low will trigger a setup.
Auropharma Futures chart. Breaking out today's low will trigger a setup.
One more, keep an eye on both boundaries tomorrow.
LTFH Futures.
All these setups are for #intraday trading with small SL.
LTFH Futures.
All these setups are for #intraday trading with small SL.
Here are today's charts of Auro and L&TFH futures. I never trade direct breakout, so Auro did not trigger for me. L&TFH did and moved 2% in favor.
