My trades based on "new way of pivot trading" and vwap

[vijkris]

Hi Vijkris
Can you tell Please me how to set TF as 30 min in amibroker..in my amibroker, TF is showing 15min,10 min,20 min,60 min options..but there is no option for 30 min
thanks

go to tools-preferences-intraday- see the image.
rj sir's post abt range bar also can be set here.

 

[rjshem]

nifty Taurus the first pattern mentioned in ur post 526 is there today in nifty bnf though gave an early exit still decent profit.

 

[Subhadip]

Great going guys...keep it up...

 

[niftytraps]

nifty Taurus the first pattern mentioned in ur post 526 is there today in nifty bnf though gave an early exit still decent profit.

Rajesh,

Can we take this type of failure trades when yesterdays visual trend is up? as Today price have not traded from bottom to top today morning, it just gap up above yesterdays high and sold off.

I am confused with it. Kindly elaborate the concept if you find time.


Thanks & Regards

Niftytraps.

 

[vivektrader]

Rajesh,

Can we take this type of failure trades when yesterdays visual trend is up? as Today price have not traded from bottom to top today morning, it just gap up above yesterdays high and sold off.

I am confused with it. Kindly elaborate the concept if you find time.


Thanks & Regards

Niftytraps.

Such a trade is a countertrend scalp, think of it as gap fill.

 

[rjshem]

nifty traps reread gap rules of idf .when in visual uptrend gap open above sterday range immediately price came below yesterday high vph first bar nice red one one making low below vph erl as per pure idf rules we wait for a pivot but mine is a bit more aggressive entry style based on my experience. I take directly below first bar itself if its a decent bodied red bar with good volume. I have explained this kind of entry earlier in this thread read if possible. hope I have cleared ur query. ask anything if not clear. have a good trading day .

 

[vivektrader]

nifty traps reread gap rules of idf .when in visual uptrend gap open above sterday range immediately price came below yesterday high vph first bar nice red one one making low below vph erl as per pure idf rules we wait for a pivot but mine is a bit more aggressive entry style based on my experience. I take directly below first bar itself if its a decent bodied red bar with good volume. I have explained this kind of entry earlier in this thread read if possible. hope I have cleared ur query. ask anything if not clear. have a good trading day .

RJ sir where did you exit, I think ppb at 9:35 candle(good volume candle)?

 

[vijkris]

I believe a new thread in member's discussion forum should be created, so that all very very very imp posts regarding setup/rules can be stored there.
after a thread crosses 200 posts, it is difficult to search anything/read from beginning.

 

[rjshem]

RJ sir where did you exit, I think ppb at 9:35 candle(good volume candle)?

ppb 9 40 close. exit 9 55 pivot high

 

[niftytaurus]

nifty Taurus the first pattern mentioned in ur post 526 is there today in nifty bnf though gave an early exit still decent profit.

Thanks you Sir for your help
one query, in Bnf Yday was not a VPH..in this condition also, can we take that setup..
as you have mentioned yday high & same is VPH also
Thanks