Rules of trading the 15-minute charts :
1.The 15-minute trading strategy is suitable for breakout and trending markets. Try not to use it in ranging or choppy markets.
2.It is better to use the strategy for European and Asian trading hours.
3.Try not to open any positions within 2 hours before the market closes in the New York session.
4.The technique is optimal for trading any currency pairs, as well as FNO stocks.
5.To increase the accuracy of chart analysis, use indicators such as Heiken Ashi, ADX, Parabolic SAR, Bollinger Bands, 5-, 8- and 20-EMA.
6.Buy only if the trend on the daily chart matches the direction on the 15-minute one.
7.Sell when the price is about two pips below the support level.