Learn How To Fish

[MSN1979]

All, Please check my markings for today's trade. Not sure whether to enter at the bd of that big red bar (think it is Vph & vpl as well) or bd of next mpl. For today entered at bd of next mpl

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Both entry and exit is good and as per system

 

[raju.vzm]

Both entry and exit is good and as per system

Hi msn, Isn't vpl and vph formed at today's first candle itself? If so as trend already in down, won't we short at bd of this vpl?

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[MSN1979]

Hi msn, Isn't vpl and vph formed at today's first candle itself? If so as trend already in down, won't we short at bd of this vpl?

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No, not as per my chart, I think everyone today had same entry exit.

 

[raju.vzm]

No, not as per my chart, I think everyone today had same entry exit.

View attachment 31079

One more mph formed at yesterday's 3:05 pm as per kite chart. I think as per kite, today's first candle is vph and vpl too

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[raju.vzm]

One more doubt, please let me know which candle becomes mpl in the below chart. 1st and 2nd candle's low value is same here.

In this case as 2nd bar didn't crossed low of 1st bar, can we make 1st bar as mpl after bo of 3rd bar? Or as 2nd bar high is lower than 1st bar by any chance 2nd bar becoming mpl?

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[StarLight]

One more doubt, please let me know which candle becomes mpl in the below chart. 1st and 2nd candle's low value is same here.

In this case as 2nd bar didn't crossed low of 1st bar, can we make 1st bar as mpl after bo of 3rd bar? Or as 2nd bar high is lower than 1st bar by any chance 2nd bar becoming mpl?

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I will be treating 2nd candle as inside candle and mark first as mpl..would like to know other opinions..

 

[VJAY]

 

[VJAY]

Nostolgia........Found a NOTE which I made in 2010 ......wondering most of those rules I still follow
Saint's words used

 

[vivek.civil17]

One more doubt, please let me know which candle becomes mpl in the below chart. 1st and 2nd candle's low value is same here.

In this case as 2nd bar didn't crossed low of 1st bar, can we make 1st bar as mpl after bo of 3rd bar? Or as 2nd bar high is lower than 1st bar by any chance 2nd bar becoming mpl?

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2nd bar is inside bar , we will not consider 2nd bar fr pivot . so here 1st bar become pivot

 

[raju.vzm]

2nd bar is inside bar , we will not consider 2nd bar fr pivot . so here 1st bar become pivot

Thanks Vivek and starlight

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