Om Sree Ganeshaya namah.

Basic Rule:
Long:
Creation of white candle above 20 ema line which
a) is not touching 20 ema line
b) does not have a black candle starting formation just after it.wait for the starting
line of the ne!t candle being formed)
c) Is not created parallel to a few black"white candles above"on 20 ema line. i.e.
sideways movement). #eed to wait for a white candle forming as a breakout from
this $one.
EXIT: Pivot resistance/PSAR proxiit!/"andle pattern showing reversal/SS
Short:
Creation of black candle below 20 ema line which
d) is not touching 20 ema line
e) does not have a white candle starting formation just after it.wait for the starting
line of the ne!t candle being formed)
f) Is not created parallel to a few black"white candles below "on 20 ema line. i.e.
sideways movement). #eed to wait for a black candle forming as a breakdown
from this $one.
EXIT: Pivot support/PSAR proxiit!/"andle pattern showing reversal/SS#slow
stochastic$/ea % and &' relative position
A (ew conditions:
%) &n the first '0()0 minutes* better not any trade. +round %% am better time to start
off.
,efore that if -&.O/ crossover the mid 0oint) ha00ens then trades can be initiated
after at least first 10 minutes)* considering supportive PSAR and ea %/&' relative
positions and SS/RSI not near the e!tremes)
2) +lways be alert of PSAR crossing
1) Check 0osition of ea % line wrt ea &' line always.
2) /o check trend use )'/*'%' ema 0ositions.
') check out for nearest 0ivot Su00ort or 3esistance stations.
4) ignore small bodyalmost do$i) candles for ema 20 signalling.
Special steps (or special openings and (irst hour+s trade
*$ gap up or down: *,/%' inute rule - &' ea rule - supportive PSAR and SS
#slow stochastic$
&$ In the (irst hour #-. soe tie$ i( ar/et creates iediate top and 0otto
0! one /ore swings: Then high chance that the ar/et will reain range
0ound (or ost o( the tie with a chance o( sudden 0rea/out/0rea/down
0ased on soe awaiting event/(oreign ar/et reaction/ or last 1, inute+s trade2
Strateg!: 3se SS#Slow Stochastic:4'/&' gae plan$ - PSAR (or ultiple
trades within those iediate top and 0otto range2
Reain alert (or sudden range 0rea/out or 0rea/down 0e!ond the
iediate range #a0ove the topost value or 0elow the 0ottoost$2 5atch
A6R #advance decline ratio$2 7n this 0rea/out or 0rea/down: ta/e proper
position2
%$ 7pening near pivot (ulcru2 8ood chance (or 0ig trend2
a$ I( (irst hour#s$ reain/s (lat: wait (or a good 0rea/out or 0rea/down: target
R*/S*
9use ea &' rule2
99:ust chec/ current ni(t! whether its a0ove or 0elow pivot (ulcru2 6epending
on that get 0iased (or the oveent #i2e2 0rea/out or 0rea/down$2
0$ I( in the (irst hour ni(t! oves up and down in a range creating iediate
top and 0otto: then ight 0e it will 0e a chopp! da! with chance o(
sudden 0rea/out or 0rea/down2 3se SS and PSAR as discussed in previous
point nu0er &
EXIT: Pivot support/PSAR proxiit!/"andle pattern showing
reversal/SS#slow stochastic$/ea % and &' relative position
1$ I( opening at R* or S* #gap up or down$2 Then consolidation (or soe tie
expected2 Brea/out/0rea/down can ta/e !ou to R&/S& respectivel!2
Strateg!: *,/%' inute rule - &' ea rule - supportive PSAR and SS #slow
stochastic$2
;ote:
The Pull0ac/ Trade
a$ &f the bias is u0 and 0rice is above 0ivot fulcrum* then wait for the market to 0ass
through 3% and then 0ull back.
+n entry order is 0laced above resistance* which in this case was the most recent high
before the 0ullback.
+ sto0 is then 0laced below the 0ullback the most recent low) and a target set for 32.
0$ &f the bias is down and 0rice is below 5-* the market 0asses through S% and then 0ulls
back.
+n entry order is 0laced below su00ort* which in this case was the most recent low before
the 0ullback.
+ sto0 is then 0laced above the 0ullback the most recent high 0eak) and a target set for
S2.