Pivot Trading- a new way of Trading

[Subhadip]

Now imagine this situation.

Till Bar 6 - no problem- Rally continues.
Bar 7- Inside Bar
Bar 8- breaks the low of the low of bar 6- Decline started- but Decline not confirmed yet.

Bar 9- breaks the low of Bar 8- Decline confirmed- and the high of Bar 6- becomes mPH.

Hope it is clear now.

 

[Subhadip]

 

[Subhadip]

 

[Subhadip]

Answer- Decline not started yet- in refined language you can say that-End of the Rally is not confirmed.

It is Outside bar.

 

[Subhadip]

 

[Subhadip]

Answer: Yes, Decline started and Bar 6 high is mph

 

[Subhadip]

 

[sangram1705]

Bar 6 high- MPH

i think decline confirmed, bcoz low of 5 & 6 taken out.

 

[Subhadip]

Bar 6 high- MPH

i think decline confirmed, bcoz low of 5 & 6 taken out.

:thumb::clap::clapping:

 

[PUCHU_2500]

Soo many ignorants in the thread and harldy anyone understood what I was trying to say. Anyways, no surprise we indians tend to be defensive. It is like built in instinct.

3 Questions to all the smart ones who advising me to stay away

1. is he teaching ANYTHING new than what is already available in this forum, other forums, online ?

2. is he himself trading this method successfully ? if yes, then he wont be here. (don't tell me he is doing a service to community. there is always a hidden agenda). But truth is bitter so I know you will not accept. I am sure the truth will come out soon like it came out for few others who keep getting banned on and off. All of those guys were respected and were considered great. Ignorants favored them and asked the whistle blowers to stay away (exactly how you guys are asking me to)

3. If he himself hasn't been able to successfully trade this I have no idea what the heck is he trying to do ? What for ?

So wake up !!!! Listen to the whistle !! This is my last post anyways.

pls, read this thread how Subhadip was trading successfully.....

www.traderji.com/trading-diary/54007-lets-double-money-40-trades.html