Simple steps to develop your own strategy:
- Identify High Probability setups on a daily time frame
- Observe the behavior of price of 5 days prior to the setup you found
- Pick a stock and pin point the same pattern in last 8 months chart
- Decide the time frame to trade for Intraday
- Identify High Probability setup in that particular time frame
- Define entry, stop loss and exit rules for intraday
- Observe the result of that price pattern in intraday time frame for last 8 months
If you find the sync between your Daily setup and Intraday setup, congratulations your have developed your own strategy.
regards,
mvp