<p class="MsoNormal" style="margin: 0cm 0cm 8pt;"><span style="font-family: Arial;">Although the basic chart analysis and Trading Plan stay the same for Short Term and Intra Day Trading as for End of Day trading there is a few small differences in the way you will approach it.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt;"><span style="font-family: Arial;">I will show you some case studies of Intra Day trades done the past week</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt;"><span style="font-family: Arial;">Keep the following in mind:</span><!--?phpxml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" ?--></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt 18pt; text-indent: -18pt; mso-list: l0 level1 lfo1;"><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; color: black; line-height: 107%; mso-bidi-font-size: 10.5pt; mso-fareast-font-family: Arial;"><span style="mso-list: Ignore;">1.<span style="font: 7pt 'Times New Roman';">    </span></span></span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;">Stay with the Trading Blueprint</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt 18pt; text-indent: -18pt; mso-list: l0 level1 lfo1;"><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; color: black; line-height: 107%; mso-bidi-font-size: 10.5pt; mso-fareast-font-family: Arial;"><span style="mso-list: Ignore;">2.<span style="font: 7pt 'Times New Roman';">    </span></span></span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;">Although the longer term Primary Trend stay important your short term planning chart (60min, 30min or 5 min) will be more important.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt 18pt; text-indent: -18pt; mso-list: l0 level1 lfo1;"><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; color: black; line-height: 107%; mso-bidi-font-size: 10.5pt; mso-fareast-font-family: Arial;"><span style="mso-list: Ignore;">3.<span style="font: 7pt 'Times New Roman';">    </span></span></span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;">I seldom trade with a periodicity of less than 60min. Remember our rule that state that you have to wait for the candle/bar of that periodicity to close before you take the next decision. In other words, if you trade on a 60min chart you must have the <u>discipline</u> to wait for the 60min candle or bar to close before taking the next decision.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt 18pt; text-indent: -18pt; mso-list: l0 level1 lfo1;"><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; color: black; line-height: 107%; mso-bidi-font-size: 10.5pt; mso-fareast-font-family: Arial;"><span style="mso-list: Ignore;">4.<span style="font: 7pt 'Times New Roman';">    </span></span></span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;">You have to be close to your Trading Platform the whole time, if you trade EOD you can walk away, but not with Intra Day</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt 18pt; text-indent: -18pt; mso-list: l0 level1 lfo1;"><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Arial;"><span style="mso-list: Ignore;">5.<span style="font: 7pt 'Times New Roman';">    </span></span></span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;">Intra Day volatility can be wild, you have to keep that in mind. Prices may in a day trade up and down, and all over the place but in the end close near the opening price. </span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 8pt 18pt; text-indent: -18pt; mso-list: l0 level1 lfo1;"><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Arial;"><span style="mso-list: Ignore;">6.<span style="font: 7pt 'Times New Roman';">    </span></span></span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;">Your </span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: #984806; line-height: 107%; mso-bidi-font-size: 14.0pt;">approach in taking profits</span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;"> will be a little different and more aggressive than with a longer term approach where you trade within the Primary Trend.</span></p>
<span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Arial;"><span style="mso-list: Ignore;">7.<span style="font: 7pt 'Times New Roman';">    </span></span></span><span lang="EN-ZA" style="font-family: 'Arial','sans-serif'; background: white; color: black; line-height: 107%; mso-bidi-font-size: 14.0pt;">Your short term Support and Resistance lines will be very important; this may be great profit taking levels.</span>

Members can see the case studies here