512# Box Intraday Trading
The heart of the intraday trading
Submit by Brian 24-25/03/2016
Box Intraday Trading is my secret for intraday trading, i want share this profitable strategy trend-reversal based on the price action around the box with Sap CCI.
Time Frame 15 min.
Financial marketes: Indices, EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF, NZD/USD.
SAP CCI period 6, phase 5.0, (show arrows enter zone );
Box Breakout C6544 Start 6:00 end 9:00 ( The use of this indicator is customized non-standard.)
Pet-D (good paint bar indicator trend following).
Trading rules Box Intraday Trading
Box Intraday Trading is trend-reversal
Trading in trend
Buy above gray area trend trading + SAP CCI Buy arrows
Sell below gray area trend trading + SAP CCI Sell arrows
If the price came back from downward into the central box, Buy Reversal + SAP CCI Buy arrows
If the price came back from upward into the central box, Sell Reversal. + SAP CCI Sell arrows.
Exit position with predetermined profit target or at the opposite arrow.
Initial stop loss 15 20 pips.
Close all positions at the end of the day.
Example (EUR/USD 14 pips, GBP/USD 16 pips, USD/CAD 16 pips, USD/JPY 15 pips
DAX 20 points, Dow 30 points).
TIP:At the beginning you can use this strategy in one direction.
Which direction is more profitable reversal of trend?
On forex market reversal.
In the pictures Box Intraday Trading in action.