Pivot Trading- a new way of Trading

[Subhadip]

i am holding it from last three to four days As far as i can remember..

today got out at around 10456...

now no position

 

[onequorauser]

HI All..which zone should be considered as a flag here A or B? In case of A it is evidently formation or a triangle and a break out from that

A

 

[Subhadip]

HI All..which zone should be considered as a flag here A or B? In case of A it is evidently formation or a triangle and a break out from that

A
View attachment 25608 View attachment 25609

B... as per my view...

 

[travi]

B... as per my view...

Hello Da, hope all's well. Just read a few of your posts, good to see you active again

 

[Subhadip]

Hello Da, hope all's well. Just read a few of your posts, good to see you active again

Yes, Everything fine....was not active in TJ due to my extreme level travel & other works, now got time that is why back... Trading is fine..doing good

 

[onequorauser]

How much of an importance should be given to round number like XXX25, XXX50, XXX75 and XXX00 while entering a trade.

For an entry yesterday should the entry have been at A or B (wait for price to cross 10550 or just break of the first bar as PD was in UT)
Similarly, after the break of the flag, should the entry have been at C or D (basically just enter when flag breaks or wait for price to cross 10600)

 

[Subhadip]

How much of an importance should be given to round number like XXX25, XXX50, XXX75 and XXX00 while entering a trade.

For an entry yesterday should the entry have been at A or B (wait for price to cross 10550 or just break of the first bar as PD was in UT)
Similarly, after the break of the flag, should the entry have been at C or D (basically just enter when flag breaks or wait for price to cross 10600)


View attachment 25621

Intraday i would be entering when in safe mode in point C---else Point B when in Gung ho mode...

 

[onequorauser]

Intraday i would be entering when in safe mode in point C---else Point B when in Gung ho mode...

I was looking upon them as seprate trades. I was stopped out around 10575 in the first trade. So C/D would have been a second one trade.

In the second case, would we not wait for 10600 to cross before entering (at D) like we waited for 10550 to cross and enter at B? I mean wouldn't the same rule apply?

 

[deepashutrading]

If any out side bar- no confirmation of end of Decline- same in line of Inside bar.

If Gap up- confirms a Rally, accordingly mPL will form.

Sir any one pls explain this post

 

[Subhadip]

I was looking upon them as seprate trades. I was stopped out around 10575 in the first trade. So C/D would have been a second one trade.

In the second case, would we not wait for 10600 to cross before entering (at D) like we waited for 10550 to cross and enter at B? I mean wouldn't the same rule apply?

No I do not wait except for 10600, like number....Generally do not wait


As for your answer, i had not waited, rather ot was due to bar setup