Learn How To Fish

[StarLight]

I got question.Just like when some bar breaks mph then lowest automatically become mpl.In similar way let say some vph breaks then lowest point will upgrade to vpl?

 

[PreSap]

I haven't been able to post recently due to work commitments.

Today's trade on Tata Steel Futures

 

[StarLight]

Now printed mPH above VPH...means we go long there ...our order placed ...
Here yesterdays high looking as RES(just for learning purpose )

Minor pivots concept is very clear to me now.But I am not able to see how and when mph got printed at this time..third red bar is inside bar and even fourth red bar is inside bar.Rest of the posts regarding mph I have seen they are clear to me. Even wisp pointed out on why mph is marked at this point in next page of above quoted post.So if you can take time and answer.

 

[StarLight]

So if we have a possible pivot low bar then first we need one higher high and higher low bar it may be by after any number of bars without going new lows ...then that HH-HL bar breaks up that possible pivot low is now real mPL
Vice versa for mPH...hope you got my point

In reply to previous post as you mentioned above first we need higher high and higher low in case of mp.

So if I reverse this definition for mph we need lower high and lower low.But i am not seeing any lower high and lower low till the point you decided to mark mph in above post of mine in reply to your quoted post. Thanks

 

[PreSap]

Today's trades on Tata Motors Futures
First Trade Failed

 

[vivek.civil17]

I got question.Just like when some bar breaks mph then lowest automatically become mpl.In similar way let say some vph breaks then lowest point will upgrade to vpl? View attachment 28844

hi starlight , yes that was a VPL

 

[vivek.civil17]

Dear Vijay bro , considering that vis close PA i have marked here TSl fr shorts in Pink arrow , is this RIGHT or no need of this thinking ????

 

[VJAY]

Today's trades on Tata Motors Futures
First Trade Failed View attachment 28856

Perfect trade...
ADD:I only look your 2nd trade earlier ....why that 1st trade?its not any gap rule there ...also BOF where ....look for bof ! vps only

 

[VJAY]

hi starlight , yes that was a VPL

Thanks vivek...please clear starlights doubts whenever time permits.....for me explaining the same basic things again & again making disturbed
Please help newbies in basic things .

 

[VJAY]

Dear Vijay bro , considering that vis close PA i have marked here TSl fr shorts in Pink arrow , is this RIGHT or no need of this thinking ????
View attachment 28869

yes pefect.......