- Plot Pivot Lines from 9:15 – 16:30 for Cash and 9:15 – 3:00 for Futures.
- Get score for PP/GAP/MA. This is Inbound.
- Check for Outbound.
- Plot fibonacci on the nearest swings from the market open. Check if price is within the zones. Fibonacci for an uptrend produces buy zone at 38.2 to 50.0 area. For downtrend fibonacci produces sell zone at 61.8 to 76.4. Check if Pivot lines for futures and cash falls on any of the mentioned zones. If yes, this can be trade number two for the day.
- Check if price exceed R3 or S3 for the current day or previous day.
- Check for HILL setup. check if price is above PP, check for downward movement from the current week.
- Always trade the score.
- Manage trades on the following criteria.
- The PP of Futures and Cash are near together and is within the 100 points from the market open.
- There is a zone within 100 points from the market open and a PP of either Futures or Cash.
- Significant gap or slippage from the market open versus the price given.
- Trade has not hit Target or Stops after future close.