[00:03] You got an entry at 9:20. You achieved your target within 5-7 minutes. You achieved your target within 5-7 minutes.
[00:22] profit in the first half hour itself. This strategy will work only in the first half hour, and after that you can relax. So let's go straight to him and whenever we work in intraday, the major reason for loss is that we keep doing something or the other
[00:36] throughout the day. If we plan that we will not work the whole day but will plan that we will not work the whole day but will able to make money from the market. What do you need to work intraday? You need movement.
[00:48] Specifically, if you are trying to buy options or do directional trading, you will not make money until the market moves. It is a range-bound market, you will keep getting trapped there. So today's strategy is like this, see, bye.
[01:00] I have n't shared this strategy anywhere yet, so I'm sharing it for the first time. It's a very important and interesting strategy. It's a strategy I need to be a pro trader, I need to know price action.
[01:13] Something may come or go, but even if you're a complete beginner, this video is for you. This is a strategy that I've worked on for a long time. Today, I've manual trading has reduced a bit on my personal account. We're doing it mostly these days. But if
[01:27] you try this strategy as a beginner, you'll have a lot of fun. Come on, first let's go to the screen. I'll explain the strategy to you in very basic, simple steps. how to increase the strategy's success ratio toward the second part. This is an
[01:42] important video, so don't forget to like and share it with your friends before you don't have a Demat yet, you'll find links to open a free Demat account in the description. So, first of all, what you need to do is you'll find links to open a free Demat account in the description. So, first of all, what you need to do is
[01:58] your 15-minute chart will be ready. You need to mark the high and low of the first candle that forms. This is a strategy that you may have heard many times in different forms, but today I'm explaining the form that will be
[02:11] very useful to you after using it practically. You need to mark the high and low of the first 15-minute candle. And this 15-minute work is over. Keep in mind that here your high will be the top point of the wick and the low will be the lowest point of the wick. After that, you need to
[02:25] convert your candlestick chart to a 5-minute chart. You've gone to a 5-minute chart. Now you've You've gone to a 5-minute chart. Now you've very simple. The high and low points are marked for you in whichever direction you choose.  The
[02:39] trade is going in one direction, meaning if there is an upward breakout after 15 minutes, then you should initiate a buy trade here. If there is a breakdown, then you should initiate a sell trade. Do
[02:54] work or not. We will do a backtest and see more than that. If you see it yourself in the regular market, you will enjoy it a lot. It is simple and easy, it does not mean that it is not effective. It is a very effective strategy. If it goes down, then you have to sell.
[03:07] What will be the stop loss? The high of your 15-minute candle will be the stop loss in this situation. You can work here with a target of 1:2. And this is your very simple strategy. There are some important rules related to this strategy,
[03:21] I will share them with you. Its normal target is 1:2. Its normal target is 1:2. also mark the points for you so that you can also  You are taking the same note down. First of all, you should
[03:34] not take any trade in this after 10 am. Suppose your 15-minute candle is marked but you are not getting a proper range breakout or breakdown of that particular candle before 10 am. You will abandon that day because on that day the probability of freak
[03:50] increase significantly. Rule number one. Second rule: You will avoid this complete strategy on number one. Second rule: You will avoid this complete strategy on Because Tuesday is usually range bound, there is a lot of
[04:04] side volatility in the market and this strategy is not working that well on Tuesday. So you should keep it in the back of the mind. Third, you will have to maintain a risk reward ratio of 1:2. When your risk reward ratio of 1:2, there will come a day where
[04:19] you will reach a profit of 9:1 within the first 15-20 minutes.  A candle of 920 was formed and you got an entry till 920. You will be getting your target in 57 minutes immediately. At that time, you can do this; that time, you can do this;
[04:35] You can trail it by placing your trailing stop loss at the balance of 50. trailing stop loss. You will be able to use it. These are three small important
[04:47] points which you have to keep in mind. Now tell me brother Neeraj, did you understand the strategy? It is very simple, a very basic strategy but very effective. So, you have seen that the strategy is very simple and we are also realizing that friend, I can do this easily
[04:59] and can also earn money from it. So, I want Anant Bhai to backtest it a little so that the audience gets confidence that money can be earned in such an easy way. So, let us do one thing; right now, let us start taking old days at random.  Let's
[05:11] look at how it worked in the past. First, you have to go to the 15-minute candlesticks, and on the 15-minute candlesticks, I'll tell you whether
[05:23] your strategy was successful or not. You'll get an idea. Okay, here you go, we've come to the 15-minute timeframe. Just on the previous day, here you've marked this high and this low. Obviously, your breakout has happened, and it was never
[05:38] look at your five-minute timeframe, you'll see a move starting here. So, basically, the trades you'll get will be within the first half hour. The maximum good trades you'll get are between 915 and 945.
[05:51] Later, you won't trade much. What happens many times is that in the same setup, many people try to do it even on the 2 o'clock timeframe, but unless you're a professional, unless you  There is no time left while working, let's try this by marking the
[06:03] high low of the candle from 2 to 215 on the time frame of 2:00 PM, do and see what happened there, this is Thursday and here also this is a very good example because there will be stop loss also, this is your 15
[06:18] minute low and high, here your low was broken but it went up immediately and hit your stop loss, when such days happen, for this I am and here your stop loss will be hit, when normally your stop loss is
[06:33] up and then is going back in the same direction, then in majority of the situations you should at least for the coming 1 and a half hours, rather I am saying Rafi 1-2 PM  You will also get a range wound momentum till then. If you are into option selling, then
[06:47] here in the second half, after 10 o'clock, you can do option selling on both sides between 10 to 2 o'clock or you can make a vertical credit or you can make a butterfly because in the majority situation, you will also see that wherever the stop loss is hit in this strategy of
[07:02] our 15 minute candle strategy of 915, there That time will be from 10 o'clock to 1:30 to 2 o'clock. So this becomes
[07:14] an advanced pointer for you which you can keep in mind. Let's go back to the old days and see some examples. Here we check out Wednesday. Wednesday's low and high are being discussed. Here you will have to go once to the 5 minute candle and
[07:29] see what actually happened. So this was our particular candle here.  But you must have noticed that you will be seen here in a way that your trade initiative will be lost and then it will come out and give you a target. Anything like this can work, so that's fine,
[07:42] but the trades you are getting are only available till around 10:00 am, so perhaps you around 10:00 am, so perhaps you idea. Then I will tell you what its success ratio is and where the success ratio will be maximum
[07:56] and where the success ratio will be less. that you should avoid Tuesday. If you avoid it, your success ratio will
[08:08] increase significantly. Here you will check out Monday's trade again. Easy Trade. you got multiple break downs without hitting the stop loss. Your direct You are comfortable.  You are trailing from here, even if you are placing a stop loss on the 10 day moving average,
[08:22] your trailing stop loss is not being set around this line. Forget 1:2, here you have got a target of 1:4, 1:5, so this is our complete strategy. You can go and backtest it yourself later and see the details of how it is working.
[08:36] Before doing it in the live market, try doing it on your own paper so that you will points which you have to keep in mind. The first important pointer is if there are two or three days back to back where your stop loss is being hit in the market,
[08:50] as a rule we say that if your stop loss is hit for three days back to back, then once you assume that the market is stuck in a range, is having volatile momentum and due to volatile momentum your range is not being broken, so as
[09:02] long as the market is in that range, suppose the market is still  It is stuck in the range between 24500 and 25500 and is just swinging and we have understood that it is swinging, so you can stop your strategy for some time
[09:15] if you have had stop loss for 3 days back to back. The second important rule is that if you want one trade in a day, then take the second trade, but the third trade will not be taken on this same setup. Your range will remain the same, you are taking trades on the one you have marked. If you have taken
[09:30] two trades, it is absolutely okay, you will not take the third trade. The third important point is that whenever you are taking a trade, you will always have to keep in mind the risk to reward ratio. You have to maintain a minimum risk to reward ratio of 1:2. Here your success ratio will be
[09:44] around 45, but because your risk to reward ratio is very good, you are keeping a basic risk reward ratio of 1:2. Usually, you will see a comfortable 1:3.  You will keep getting trades regularly, so your work will continue here. If
[09:58] you want to increase your success rate beyond 45, then you can take it to 50-52. As soon as you avoid Tuesdays, your success ratio will be around 50-52, but even then your stop loss at 45 to 50 will be hit. You should remember this and accept that
[10:13] when you look for intraday strategies, Finally, and the last important point, where you suppose
[10:27] a range has formed, the market went down and went straight up, is swinging on both sides and has come back to your range, then if your You can do option selling here,
[10:40] possible, then you can do premium meeting work from 10 am to 1:30 pm, working in the market for some time, they
[10:53] strategy setup for you, if you enjoyed this video then do tell us by commenting whether you want a detailed back testing video on this complete strategy and if till now you have gmm25