There are no items in your cart
Add More
Add More
Item Details | Price |
---|
LEARN & EARN IN MINUTES
A BEAUTIFUL DAY IN OCTOBER
— By David Anderson
In the world of intraday trading, timing is everything. One strategy that has gained popularity among traders is the 9.20 strategy. This approach, when executed in the right trading zone, can help you make quick profits with minimal risk. In this blog, we'll explore how you can use the 9.20 strategy to earn 2,000 to 3,000 rupees with just one morning trade.
The 9.20 strategy is a time-based trading technique that focuses on taking a trade after the first 20 minutes of market opening. The idea is to capitalize on the momentum that builds up during this initial phase. By taking a well-timed entry, you can catch the market's early move and lock in profits quickly.
Case Study: A Successful 9.20 Trade
Let me walk you through a recent trade where I used the 9.20 strategy to earn a substantial profit. Here's how it unfolded:
Market Setup: The weekly CPR (Central Pivot Range) was below, and the daily CPR was above. This setup indicated a bullish bias, with potential upward movement in the price.
Entry Point: The first 5-minute candle formed in the trading zone, confirming the setup. I took my entry here, confident that the market was aligned with the 9.20 strategy.
Profit Booking: As the price approached R1 (the first resistance level), I booked my profit. The move was quick, and within minutes, I had secured my profit.
Observations
Chart Analysis: On a 2-minute timeframe, the chart of options showed prices trading above the CPR. This was a strong confirmation that the bullish trend would continue.
Order Book Timing: The timing of my entry and exit was crucial. By monitoring the order book, I identified staggered entries and exits, which allowed me to manage my position smartly.
No Trading in Trap Zone: It's important to avoid trading in the trap zone, where the market can be unpredictable. Instead, focus on confirmed entries where the probability of success is higher. Follow us on Youtube for more knowledge based concept for free.
Trade Smart, Trade Safe
The 9.20 strategy is a powerful tool in a trader's arsenal. By taking just one well-timed trade in the morning, you can achieve your daily profit targets with ease. Remember, the key to success is in the preparation and execution. Always analyze the market setup, confirm your entry, and manage your position like a smart trader. Be a Smart Trader and Trade like PRO by our courses and Mentorship and use Coupon code ANALYSIS3 to avail discounts