Friends, in the video we made before this one, you learned the 920 strategy from Sir. If you didn’t watch that video, you can watch it on the I button.
Today in this video, Ghanshyam Sir is going to give you a special strategy called 220 in 2.20 minutes. So, something will happen in 2.20 minutes. What is it? How does it happen?
How does it become that setup?
How do you trade with it? And you will get answers to many questions from Ghanshyam Sir. So, sir, first explain the strategy. See, what is 220? The market trades in two parts.
We have the first moment at the opening. After we have the moment at the opening, you will see that the market starts moving sideways after 10-10.30. And it moves sideways till 1.30.
After that, the second phase comes after 1.30. This phase happens between 1.30 and 2.00.
After that, we apply 220 because I saw a lot of things. I applied it at 1.00 and also at 2.00.
But the move at 220 is a clear move. Just like the opening move of 9.20, if you get it, you get a trend move. Similarly, this is also a trend move.
You don’t get a big point on this.
I think of a target of 70 to 150 points and go. We get this point easily. And when these things are available on the day of expiration, then it becomes an explosion. Because 100 points on the day of expiration means that the money is double. So we apply 220. So here I applied it on the day of expiration. So we applied it here in the day before yesterday’s session.
So look at it carefully. You have to keep two things in mind here. First, if there is a range, how this range is formed. What is the continuous market doing here?
It was holding. It is slowly going up during the expiry day. It made a range here. It went up this range.
So, there are two conditions. Either it would have reached 220 above this range, or it would have reached somewhere on the lower side and it would have made it. If it would have gone below this range and it would have made it in the middle of this range. See, if it would have been made between here and here, then it would not have made it. It would have made it in the middle of here and here.
Because here it will do the work of support and here it is doing the work of resistance.
Now what we are doing is above the resistance. So, here this candle is the 220 candle on the expiry day. We made this 220 on the expiry day and it was also updated on the telegram. So, here this 220 candle was made here. So, here nothing happens.
The low SL of this candle is straight. There is no very big SL. Sometimes it is 35 points, sometimes it is 40 points, sometimes it is 50 points, sometimes it is 20 points.
So we will enter as soon as the candle has a high breakout. Exactly.
As you can see, if the high is 42,122, then as soon as it is 123, you have to open the trade.
Okay. Don’t think that it will go up 10 points, it will go up 20 points, then I will open the trade.
And as soon as the low of this candle is 42,120, then as soon as it is 19 or 18, you have to close the trade.
Don’t stay with emotions here. What did we do when we saw this buy?
Only the candle moves. After 220, the candle gives its move.
I saw 220 many times, I saw 2 o’clock, I said many things when backtesting. Why did we buy? Why didn’t we sell? We didn’t sell because it is a high breakout point. If it was a low breakout point, then I would have bought a put option.
Then I would have sold. So if this candle has a high breakout point, then we have to buy.
And if this candle has a low breakout point, then we have to sell. Right.
So, I am just looking at that candle. How much accuracy is there in this?
You will get 70 to 85% accuracy. Is it a lot?
We will continue with this. The second thing is that accuracy means this.
Is this for all days or for expiry? No, this is for all days.
There are some conditions that will fulfill the condition.
Tell me the conditions.
First, I will tell you that 70% to 85% is the condition.
Suppose we take a trade, the SL of that trade is 20% and the trade gave a return of 150%, which means it went up by 150 points. But if 6 trades after this lead to a SL of 20 points, what would you say? What percentage of this constant?
What is your success rate?
Because even after 6 SL, how many points did you lose? Only 120 points.
What I mean is that the success rate means that the difference between your entry and SL is very small here, while here you get a very good move. Right.
And I exit here only when the low of the previous candle, i.e. if a green candle is formed, then it will break the low of this green candle. I will not exit on this red candle.
Because we have less time. Now, what will happen in a while? The market will give a trend.
There are always better ones.