How to capture Big PROFITS in NARROW π§ CPR days !!
CPR Part/3
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Sharing a small setup thread on Narrow CPR for daily & weekly charts .
If you felt it useful please do Retweet & Like it π.
When PRV-WK or days range (%) is small we get NARROW CPR for next session
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CPR Part/3
π§΅
Sharing a small setup thread on Narrow CPR for daily & weekly charts .
If you felt it useful please do Retweet & Like it π.
When PRV-WK or days range (%) is small we get NARROW CPR for next session
ππππ
Once we get NARROW CPR for current day or WEEKLY always good to take trades After a Breakout or Breakdown . Take a look at the image below , Last two weeks we got NARROW CPR in Nifty hourly chart . Both instance we got Breakdown of prv week low & decent down moved for 2days
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These two days ENOUGH to capture 70-80% premiums in OPTION SELLING with little OTM options.
Do backtesting you will be amazed to know the results.
STOPLOSS can be kept ABOVE the breakdown level or INTRADAYs PIVOT whichever is closer .
Ok good in weekly how about for INTRADAY ππ
Do backtesting you will be amazed to know the results.
STOPLOSS can be kept ABOVE the breakdown level or INTRADAYs PIVOT whichever is closer .
Ok good in weekly how about for INTRADAY ππ
Take a look at the image below, This is an INTRADAY CHART of Nifty Feb 4th & 7th . Due to small range day on 4th We got NARROW CPR on 7th . Once it broke the PRV-DAY Low we got Huge move on the downside .
For INTRADAY Keep STOPLOSS only ABOVE TC .
How is the risk rewardπ??
For INTRADAY Keep STOPLOSS only ABOVE TC .
How is the risk rewardπ??
Hope you all learned a TRADING setup for INTRADAY & WEEKLY Breakout/Breakdown strategy . If you missed the previous threads on CPR kindly check my timeline.
Thanks for reading
Any doubts comment below
Happy weekend π
#trading
#optiontrading
#CPR
#tradingstrategy
Thanks for reading
Any doubts comment below
Happy weekend π
#trading
#optiontrading
#CPR
#tradingstrategy
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