Highly Effective Intraday Trading Setup

It is easy to create a good chart with trend lines, Fibbonaci level, support and resistance but these things do not help much in intra-day trading.
If we want to be profitable in the intraday then you need to be accurate in the lower time frame i.e 15 minutes or 5 minutes.
I tried everything on the intraday chart but nothing was effective and profitable in the 15 minutes Time Frame
I found this Intraday trading setup accidentally. This trading strategy based on Bollinger Band, Ichimoku and Vwap.I used these three in the different phases of my trading path but never used together that time.

I had many technical chart of stocks with all other technical things including Bolllinger Band etc. Recently one of these charts I applied the Ichimoku Cloude and then i studied and found that it can do well in intraday so I just applied it on live chart and keep watching the chart formation in the realtime in the live market. 

Now I was able to predict the next 15 minute candle on the chart and that was amazing. I do not call Bollinger Band and Ichimoku a Technical Indicator. These two things together creates magic.

If you are not aware of ichimodu then watch this Videos
Hindi:

Videos for Bollinger Band:

I will give you example of today's (08/07/2019) chart of Bank Nifty Future. Today bank nifty down with almost 797 points.

We can see it was falling along with bollinger band and never closed above the fast ichimoku line. It was perfect short for today and even from yesterday.



 Vwap: It comes in picture when we are looking for reversal trade.After a deep fall  If 3-4, 15 minutes candles continuously closing above the VWAP and fast line of Ichimoku then we have high probability of reversal.

Opposite is true in case of reversal from a high. 




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