Thu, Oct 18
Low Risk High Reward Posted on by admin Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of a security trends up or down after a brief consolidation in a narrow range.
The default look back period of this strategy is 7 days which means that if the price range of any particular days is lowest as compared to last 7 days, then that day is termed as NR7 day. Here the range is calculated as the difference between High and Low of the particular day. The day following NR7 day acts as a confirming factor on where the price will move further.
Breakout of the High of NR7 candle with high volumes indicates bullishness, while breakout of Low of NR7 candle indicates bearishness.
The philosophy behind the pattern is similar to the Bollinger Band Squeeze: Narrow range days mark price contractions that often precede price expansions. See the below chart for visual explanation: This strategy seems to work very well in indexes especially Nifty and Banknifty.
It takes very few trades in the year, but still happens to catch big moves. This is the reason we named it low risk high reward strategy Please visit Trading Tuitions Academy to learn AFL coding and create your own Trading systems.
NR7 Trading Strategy Overview.Unilever announced today that it has signed an agreement to acquire Sir Kensington’s, a New York-based condiment maker. Unilever is an Anglo–Dutch multinational consumer goods company co-headquartered in Rotterdam, the Netherlands and London, United Kingdom and operating worldwide.
It produces food, beverages, cleaning agents and personal care products under different brand names. Unilever has developed a simple four-point framework to help capture the ways in which sustainability contributes to our success.
Driving growth - Sustainability is supporting growth by deepening brand equity, opening up new markets, such as the safe drinking water market, and inspiring innovation. Other supermarkets have told Sky News they are having similar talks on price with Unilever, which is understood to have sought to add 10% to its wholesale prices.
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What was a success and a failure you coped with in the past years? 1 Answer; Unilever PDT.
The process took 4+ months. I interviewed at Unilever (Rotterdam (Netherlands)) in December. This website belongs to Unilever South Africa Proprietary Limited (“Unilever”, “we” and “our”), which is a member of the Unilever Group of companies.
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