Pivot Trading- a new way of Trading

[anml]

Derl activated and sell initiated below 2.15 candle low ?

 

[vivek.civil17]

seniors ,
most of the times it is happening to me . my SL gets out with a long wick and turns around . after 2.30 it happened for me many time . how to overcome this ? i dont find any good trailing SL here .

 

[VJAY]

seniors ,
most of the times it is happening to me . my SL gets out with a long wick and turns around . after 2.30 it happened for me many time . how to overcome this ? i dont find any good trailing SL here .

Dear Vivek,
There is no such thing good Sl/good trail stops/good exits etc ...follow what you tested in your method ...these things happen to all ...how I trade this is I always use high volume bars for my TSL so the bar after entry bar is high volume bar....but its not any rocket science...still market take this stop and continue its direction

 

[vivek.civil17]

Dear Vivek,
There is no such thing good Sl/good trail stops/good exits etc ...follow what you tested in your method ...these things happen to all ...how I trade this is I always use high volume bars for my TSL so the bar after entry bar is high volume bar....but its not any rocket science...still market take this stop and continue its direction

yes sir noted .

 

[onequorauser]

seniors ,
most of the times it is happening to me . my SL gets out with a long wick and turns around . after 2.30 it happened for me many time . how to overcome this ? i dont find any good trailing SL here .

Out of curiosity, why would you not trail your stop around the over big red bar slightly before 11?

 

[vivek.civil17]

Out of curiosity, why would you not trail your stop around the over big red bar slightly before 11?

i used to trail by agg pivot above minor ERL . but it was not happens there . without pause bullish happend . so hereafter big bar to be considered

 

[onequorauser]

i used to trail by agg pivot above minor ERL . but it was not happens there . without pause bullish happend . so hereafter big bar to be considered

There is one around 243 right before the big red bar. Am I missing something?

 

[vivek.civil17]

tatasteel , hindalco , LT ERL active .

 

[onequorauser]

Since the past 4-5 days literally every breakout of VPL has been failing. Could this have been done differently?

Also the distance between the subsequent HH is decreasing. Does this mean that the bullishness is also reducing?

 

[anml]

is ITC in 30 min charts today Major pivot low failure (till now )