#DayTradingStrategy #DayTradingStrategy 🕒📉📈

Day trading is a short-term trading strategy where positions are opened and closed within the same day. Here’s a breakdown of a solid day trading strategy:

✅ Core Components of a Day Trading Strategy

Asset Selection

Focus on high-volume, high-volatility assets (e.g., $BTC, $ETH, $SOL, or volatile stocks/forex pairs).

Watch news-driven assets for intraday spikes.

Chart Timeframes

Use the 1-minute to 15-minute charts for entries.

Use 1-hour or 4-hour charts to confirm trends.

Technical Indicators

Moving Averages (EMA 9/21): Catch short-term trends.

VWAP (Volume Weighted Average Price): Key support/resistance level for institutions.

RSI (14): Identify overbought/oversold zones (look for RSI <30 or >70).

MACD: Confirm momentum direction.

Entry Signals

Breakout from key resistance/support.

Reversal candlestick patterns at major levels (e.g., hammer, engulfing).

Pullback to VWAP/EMA with confirmation bounce.

Risk Management

Never risk more