My trades based on "new way of pivot trading" and vwap

[vijkris]

method will not fail if u know how to trade and handle it correctly. forwardtest eod picks by ma almagation daily in 3 mins ull know urself.think this is one of best ways to avoid losses as ur picking the high probability setups.

letters in bold wil decide the outcome any day.
I see many ppl daily trading nifty,bnf only and mcx only crude.
So this eod method may not be suitable for them.

Edit: it may suit for ppl trading nifty,bnf etc. as they can trade with caution and lighter if all 3 ma's are not in one direction.

anyway I ll run some tests and post the findings by tonight.:thumb:

 

[vivektrader]

think entries except rinfra can take below first red bar itself. don't know of swing scalp it is just intraday.pick stocks with best setup eod. trade in 3 or 5 mins nextday exit eod if tsl not hit.

Sir, one question, as per IDF when hindalco "opened gap down below VPL, we should go short below mpl below first bar",
As you said we can go short below first bar, please explain why?
Thanks

 

[rjshem]

have already posted here about first bar entry here earlier refer that. y first bar! u don't want to miss juicy vertical big moves without pivots.

 

[vijkris]

letters in bold wil decide the outcome any day.
I see many ppl daily trading nifty,bnf only and mcx only crude.
So this eod method may not be suitable for them.

Edit: it may suit for ppl trading nifty,bnf etc. as they can trade with caution and lighter if all 3 ma's are not in one direction.

anyway I ll run some tests and post the findings by tonight.:thumb:

hmm.. initial findings z encouraging. I thought in reversal days it will fail. but due to idf rules @ opening, we can catch good trends. so in reversal days also profitable entries and exits z there.
thanks.

 

[vijkris]

in reverse for hindalco:

Now yesterday Visual UP Condition:
1. Gap up above VPH; go long over mPH over 1st Bar.

Can take half position over first bar itself if get nice volume bullish bar like above and add remaining half position over first mph.

 

[vivektrader]

Can take half position over first bar itself if get nice volume bullish bar like above and add remaining half position over first mph.

RJ sir were you referring to this post?
Thanks
Vivek

 

[rjshem]

Yes the same

 

[vijkris]

is entry acc to 2ma correct
15 min

 

[rjshem]

Im surprised ur still asking this question after knowing the rules and trading it for a while

 

[Blackhole]

Im surprised ur still asking this question after knowing the rules and trading it for a while

he is making interactive session, good stuff though!