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Hi, I am a new trader I usually trade in intraday please let me know if there are any strategy or tips I can follow.

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Don’t trade intraday 😇 

how long have you been trading? 

  • Great! 1

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From John J. Murphy's excellent book on Technical Analysis, 'Master inter-day trading before trying intra-day trading.'

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Guest Homer Enronride
1 hour ago, dmedin said:

From John J. Murphy's excellent book on Technical Analysis, 'Master inter-day trading before trying intra-day trading.'

A new trader should be aware ofta Murphy's law 😎

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If you are considering buying into a trend that you missed at the start, wait for an oversold indicator (down) or overbought indicator (up) to show up, followed by a dip/climb, followed by a resumption of movement in the direction of the trend, the oscillator moving out of extreme territory, and then hop on.  :D

 

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Yesterday I have taken a buy call in crude oil at 3919 and exited from the call Today 9:10 pm at 3940

Total Profit: 21

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    • yes, keep away from ftse and gbpusd until brexit is sorted, yesterday was deal done, then last night no deal, then this morning deal done at 2am news released about half an hour ago, that's why it's all over the place. look at these dax and ftse HA M5 charts.  
    • Dax moving up to test yesterday's highs, Dow powers up to the pivot, if Dow can break the pivot Dax should see R1 H1 charts;
    • Not got anything out of the market today either. Gonna look for new strategies, different assets, different timeframes, ... Any suggestions welcome. Also probably back to Demo for a while.
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