Overview
Intraday trading holds positions for hours, not days. It uses the four-hour chart for direction and the fifteen-minute chart for timing, and closes before the end of the day.
Objectives
- Align with the H4 trend
- Avoid overnight exposure
- Plan entries at predefined zones
Suitable market conditions
- H4 trending
- Room to the next H4 level
Tools and indicators
- EMA 20 / 50
- Support and resistance
- Market structure
Market bias
Direction of the H4 structure and EMA order.
Entry rules
- Mark H4 zones before the session
- Wait for price to reach a zone
- Enter on M15 confirmation
Confirmation
- M15 BOS
- Rejection candle at the zone
Stop loss and take profit
- Stop beyond the zone
- Target the next H4 level
- Close all positions before day end
Risk management
- Fixed risk per trade
- Daily loss limit
Valid example
H4 uptrend. Price pulls back to former resistance now acting as support, M15 breaks structure upward. Entry on the retest.
Invalid example
Price reaches the zone just before the session closes. Not enough time left; skip.
Common mistakes
- Holding losers overnight to avoid taking the loss
- Trading mid-range
Advantages
- No overnight gaps
- Clear daily routine
Limitations
- Some trends need more than a day
- Fewer setups in ranging markets
No strategy guarantees profit or a particular win rate. Test any approach on a demo account and size every trade from a fixed risk.