#DayTradingStrategy Top 5 Daily Trading Strategies
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1. Breakout Strategy
📌 Idea: Trade when price breaks above resistance or below support with strong volume.
🛠️ Setup:
Identify range or consolidation zone
Buy when price breaks above + volume spike
Sell (short) when price breaks below + volume spike
🔧 Tools:
Support/Resistance Lines
Volume indicator
Price Action / Candlesticks
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2. Moving Average Crossover
📌 Idea: Use short vs long moving average crossovers to identify momentum shifts.
🛠️ Setup:
Buy when 9 EMA crosses above 21 EMA
Sell when 9 EMA crosses below 21 EMA
🔧 Tools:
EMA (9, 21 or 5, 20)
RSI confirmation to avoid false signals
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3. VWAP Strategy (For Stocks/Crypto Futures)
📌 Idea: Volume Weighted Average Price (VWAP) acts like a magnet; price reverts to it.
🛠️ Setup:
Buy when price dips below VWAP and rebounds
Sell when price rises far above VWAP and shows weakness
🔧 Tools:
VWAP line
Candlestick reversal patterns
Level 2/order book (optional)