15-minute breakout with high-volume strategy This is the simplest intraday breakout strategy for trading. In this strategy, trades come between 9:30 to 12:00 because after 12:00 it is possible to get the wrong trade into it. The maximum you can hold the intraday position is up to 3:15.After this stock exchange automatically squares off your position into the market price. Before we start first observe a 15-minute candle (9:15 to 9:30) then draw a line between that candle's high and low. When the first candle (9:15 to 9:30) high breaks that time takes a buy trade into the intra-day continue into the trade until the first candle (9:15 to 9:30) low is not broken otherwise 3:15 square off your trade. When the first candle (9:15 to 9:30) low breaks that time takes sell trade into the intra-day continue into the trade until the first candle (9:15 to 9:30) high is broken otherwise 3:15 square off your trade. In the above image, you can observe that when the price crosses the ...
What are Bollinger bands? Bollinger Bands are a popular technical analysis tool used by traders and investors to analyze market volatility and identify potential price trends. They were developed by John Bollinger in the 1980s and are widely used in various financial markets, including stocks, commodities, and forex. A Bollinger Band consists of three lines: the middle band, which is a simple moving average (SMA) of the price; and an upper band and a lower band, which are typically set two standard deviations away from the middle band. The standard deviation is a measure of volatility, and using two standard deviations creates a channel that contains approximately 95% of price data within it. The main concept behind Bollinger Bands is that price tends to stay within the upper and lower bands most of the time, indicating periods of high and low volatility. When the price reaches the upper band, it is considered overbought, suggesting a potential reversal or pullback. Conversely, wh...