12 TRADING SETUPS used by professional traders:🧵 Collaborated with @niki_poojary
@niki_poojary Here's what you'll learn in this thread: 1. Capture Overnight Theta Decay 2. Trading Opening Range Breakouts 3. Reversal Trading Setups 4. Selling strangles and straddles in Bank Nifty 6. NR4 + IB 7. NR 21-Vwap Strategy Let's dive in ↓
@niki_poojary 1/ STBT option Selling (Positional Setup): The setup uses price action to sell options for overnight theta decay. Check Bank Nifty at 3:15 everyday. Sell directional credit spreads with capped risk. (@jigspatel1988) https://x.com/jigspatel1988/st...
@niki_poojary @jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data Don't trade till 9:45 Am. Identify the highest OI on puts and calls. Check combined premium and put a stop on individual legs. (@jigspatel1988) https://x.com/jigspatel1988/st...
@niki_poojary @jigspatel1988 3/ Open Drive (Intraday) This is an opening range breakout setup with a few conditions. To be used when the market opens above yesterday's day high or Below yesterday's day's low. (@Pathik_Trader) https://x.com/Pathik_Trader/st...
@niki_poojary @jigspatel1988 @Pathik_Trader Here are the backtesting results of the open Drive strategy. https://x.com/Pathik_Trader/st...
@niki_poojary @jigspatel1988 @Pathik_Trader 4/ Setups on PDC and PDH (Previous Day Close/High) This is an intraday set up to be used on the long side. Both PDC and PDH will be used as supports. 2 examples are given for better understanding. (@Pathik_Trader) https://x.com/Pathik_Trader/st...
@niki_poojary @jigspatel1988 @Pathik_Trader 5/ High Probability Reversal Setup 80-20 This is a setup for Swing traders. Another setup involving decision points. (@Pathik_Trader) https://x.com/Pathik_Trader/st...
@niki_poojary @jigspatel1988 @Pathik_Trader 6/ Fake Paradise (Reversal Setup) The setup uses a 20-day high or low with conditions to catch reversals with good Risk Reward. R:R is so good, that even 1:5 Risk Reward trades are possible. 7 examples have been shown in this setup. (@Pathik_Trader) https://x.com/Pathik_Trader/st...
@niki_poojary @jigspatel1988 @Pathik_Trader 7/ Open = High or Open = Low Setup (@Pathik_Trader) https://x.com/Pathik_Trader/st...
@niki_poojary @jigspatel1988 @Pathik_Trader 8/ Trapping Inside Bar (Positional Setup) Wait for Nr4+ib to fail & catch it and execute the trade the next day. NR4 = Narrow Range for 4 days IB = Inside bar (@Pathik_Trader) https://x.com/Pathik_Trader/st...
@niki_poojary @jigspatel1988 @Pathik_Trader 9/ Straddle setup Opening within previous day range Straddle premiums below 20 sma (@sourabhsiso19) https://x.com/sourabhsiso19/st...
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 10/ Shorting high momentum stocks (@DillikiBiili) https://x.com/DillikiBiili/sta...
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili 11/ Trading Momentum stocks (@DillikiBiili) https://x.com/DillikiBiili/sta...
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili 12/ NR21-Vwap Strategy (@jigspatel1988) https://x.com/jigspatel1988/st...
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili That's a wrap! If you enjoyed this thread: 1. Follow us @AdityaTodmal & @niki_poojary for more of these 2. RT to share this thread with your audience If you enjoyed this thread here's another one: https://x.com/AdityaTodmal/sta...
