Learning Diary.....The Road Less Traveled!!

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1104976



A simple set up using cross over of the two Moving average:

The 3 min NF chart use pivot based this kind of trading:

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1104977


Example of BNF::

Green arrows = add
Red arrows=SL

Last edited: Sep 17, 2015
Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1104978

I will not discuss dERL, as I use it seldom to be given importance.

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1105009


XRAY27 said:
Just plotted in amibroker but lot of whipsaws in that !!! 8 & 21...

Subhadip said:
Also test 5 min and 15 min please.
XRAY27 said:
5 MIN

15 MIN

Now the full trading Setup:

See 15 min chart: if price above both the indicator, then trade 5 min chart or 3 min chart as per your convenience, go long in 5 min chart, when price above the both indicators as per two bar SL method or in 3 min chart as per pivot method.

Enjoy.

Hope now no whipsaw will come in our direction.

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1105010



umeshmandal said:
Okay trying to write my query again :
You have clarified that at this stage, i.e. when we FORM a LPL we can call the last HPH as VPH :

Now my question is what happens if this happens thereafter :

another VPL formed, that is happened... we will not wait...

Hope this time it is ok.

Last edited: Sep 17, 2015
Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1105043


umeshmandal said:
VPL was already formed.
A new HPH is formed after VPL.
The previous VPH status remains as VPH?
Okay !
Thanks for your time .
Right, previous VPH remain VPH, no change

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1105073


amandeep86 said:
Also the the success in crossovers is Add when in winning position and trading tight on first entry
In my view , if any one wants to be winner, please have money first for all those adds,

If one can not add up the initial entry, he will not be successful- I am seriously telling it.

In winning trade one has to get much much more from it.

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1105076



vijayanscbe said:
Subhadip,

It can be done in amibroker. But it may distract the pivot learnings. so we can do this, once all the pivots lessons are over.
My dear friend it is a price action entry I am talking, just shown a entry point and one trading method using one moving average crossover I was using.

The basic remain the same- Pivot based price action trading.

I have already discussed almost everything, want to see from you new traders to learn.

This is to all:

The things to be learned :

1. What is Pivot?
2. What is Rally & Decline?
3. How Pivots are forming?
4. What is Minor pivot high & minor pivot low?
5. How mPH &mPL will determins the Minor Trend?
6. What is Visual Pivot (VPH & VPL)?
7. How to know the Visual Trend?
8. How to trade the Visual trend in intraday?

I can only show my views & my ways of trading. BUt my dear friend you have to trade alone.

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1105113


New traders mistakenly believe success is all about the right knowledge and the right strategy.While this is important, they fail to understand that becoming a trader is really a process of growth and development. Success is not a result of one day finding the right combination of indicators or parameters and the right set of trading rules. Success comes through a process of learning to trust yourself as you operate within an environment of uncertainty. Trusting your ability to make effective decisions, to manage risk, and to identify and manage opportunity.

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.

 

[Nutjob]

https://www.traderji.com/community/threads/pivot-trading-a-new-way-of-trading.99863/post-1105452



niftytaurus said:

5JAN 2015 BNF
My way:

Nihil Ultra (Nothing Impossible). Stay focused. War is with Market,Ledger is the proof of that.Mirror knows the result.