Here is a nice simple day trade set up using my day trading strategy that I sometimes use. It relies on a few technical indicators and the ability to spot the current trend.
Trend = Bullish
Price = Above 50ema
Price Rejecting Daily Pivot Level
I cover the full set up and teach you how to spot these trade in my trading strategy guide that you can buy online now...
This is an example of a perfect day trade taken based on my day trading strategy.
- Multiple confluences and rules all confirmed
- Reward:Risk ratio is over 2:1
- Quick Profit
- Minimal Drawdown
You can find my day trading strategy on my blog or buy it from the amazon book store now. Links are below.