Pivot Trading- a new way of Trading

[vivektrader]

open in yesterday's range short below visual pivot

 

[vivektrader]

open in range, long over visual pivot

 

[vivektrader]

yesterday visual up, today gap up open, long over minor pivot

 

[vivektrader]

Failure to breakout from yesterday's flag move

 

[vivektrader]

another case of breakout failure

 

[vivektrader]

stay out of this wide opening bar range

 

[anilnegi]

Dear vivek trader
You have posted 15 min chart only, did u trade on that basis only, or considrr 1 hour chart as well

thanks

 

[vivektrader]

Dear vivek trader
You have posted 15 min chart only, did u trade on that basis only, or considrr 1 hour chart as well

thanks

I have posted 15 min where Visual Pivot was relevant, when minor pivot was relevant I Have posted 5min. I do not usually trade in first 15min of the day ( I think it saves you a lot of money), breakout failures should be traded in 5min. timeframe, however when you wait till first 15min candle closes in range and then look whether its low is taken it is much more dependable.For example today's trade of breakout failure
in 5min

 

[wisp]

Possible Trades on Dec 18th Nifty 3 min/15min

 

[rjshem]

.
talking of setups in itf pivot method this is one of it first bar breakout failure at previous day high which is also a visual pivot high one of my favourite setup. this has a good success rate.