Intraday
Intraday Techniques
- Intraday techniques are based on Liquidity and Volume
- prices go up and down at good intervals based on these factors.
- What to look for in a chart
- What was the price when day was opened
- What was the price when day closed
- Price in the middle of the day
- Day's High
- Day's Low
- Price at intervals of hours
- Where price became stable
- Movement of Price in uptrend or downtrend
- Uptrend Movement
- Price goes high,retraces not by that proportion then again price goes high then its an uptrend movement.Price is cutting its higher high and maintaining lower low.
- Downtrend Movement
- Prices goes low retraces a bit high and then goes further low
- Retracement is always important for bounce back
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