8/26/2021 –

Pre-Market Analysis

• Pre-market Low – 3294
• Pre-market High – 3305
• AMZN long if HOLD above 3305
• AMZN short if break below 3294

At Market Open  9:30 am

• Day Trading Strategies used
  1. ORB – Opening Range Breakout ( long if HOLD above 3305)
  2. VWAP (Volume Weighted Average Price)
  3. ABCD pattern

Day Trading Proprietary Indicators used

• MK_CUSTOM_RSI
• MK_Momentum
• MK_MTF (Multiple Time Frame)
• MK_ORB

Trade Logic –

• Entry -> @9:40 am when all the indicator all aligned with strategy entered the trade
  • Trade -> AMZN BUY 3305 CALL (ATM) Expiry – 27 AUG
  • Contract size – 50  ($50k) ( Note – You can start with 5 contract size with 5K capital and scale up as you gain confidence )
• Exit
  • Target profit – 20%
  • Exited the trade when all indicator triggered sell or take profit signal
  • AMZN – Total Profit -> $23,750 on $50 K capital in 10 min

Note – Please see and download attached images