Stock Indexes Day Trading Strategy
5 Minute Day Trading Strategy PDF
Day Traders
This group of stock indices day trader holds on to their stock indexes trades for a few hours but not more than a day. With the objective of making quite a number of pips, 30 - 100 pips.
Day indices trader trading 15 minute indices chart time frame wants to go long, checks 1 hour indices chart time frame, which looks like the one below, since 1 hour indices chart time frame shows market indices trend is going up, then decides from this chart technical analysis it's okay to buy.
5 Minute Day Trading Strategy PDF - 15 Minute Day Trading Strategy - Indices Trading 15 Min Day Trading Strategy
Indices Trading day trader traders using technical analysis use stock indices charts to try and attempt to predict the movement of stock indexes price on the stock indices charts.
Indices Trading Day traders will sometimes use two or more indices chart time frames so as to determine the long term indices trend and the short term indices trend.
How To Define A Indices Price Indices Trend for Day Trading
Using a stock indexes trading system that has 3 indicators - Moving Average Crossover System, RSI and MACD and using simple rules to define the indices trend. The trading rules are:
Upward Indices Trend
Both MAs Moving Up
RSI above 50
MACD Above Center line
Downward Indices Trend
Both MAs Moving Down
RSI below 50
MACD Below Center line
Multiple indices charts time frames analysis equals using 2 chart time frames to trade stock indexes trading - a shorter indices chart time frame used for trading and a longer chart time frame to check the indices trend - the chart time frames that you choose for trading stock indexes price action with will depend on the type of trader you are: for day traders the chart time frames used for trading will be an example of 15 minute indices chart time frame and 1 hour indices chart time frame.
Since it is always good to follow the indices trend when stock indices Day Trading, in Multiple Chart Time Frame Analysis, the longer 1 hour indices chart time frame gives us the direction of the long-term indices trend when Day trading using the 15 Minute Indices Trading Chart Time Frame.
