Hi Traders,

I am day trader & am trading indian market from past 3 years using price action trading which is called acceptance rejection technique at crucial/proven/important level. I mostly trade equity yesbank & occasionally nifty future.
I will post the charts which i have traded by eod.
trading TF is 3min for yesbank & 5min for nifty future

Some of the key words used in charts are
RH - Range high
RL - Range low
PDH - Previous day high
PDL - Previous day Low
DO - Day open
BOF - Breakout failure
BPB - Breakout pullback
BO - Breakout

P.S : This method is developed by SMART trader, I just modified it as per my requirement.

As you can see in the chart I did only 1 trade & it moved well. In the morning i missed the sell trade which is BOF of range high at that point of time i was bullish becoz of trend gap up & looking to take BPB trade @ RH so took late entry.

This Post is shifted to Traders Hideout section

Intraday price action trading on NSE India (YESBANK) Hi Traders, I am day trader & am trading indian market from past 3 years using price action trading which is called acceptance rejection technique at crucial/proven/important level. I mostly trade equity yesbank & occasionally nifty future. I will post …