Pivot Trading- a new way of Trading

[Sammy.Young]

Hi Puchu,

Kindly post any one of 15-min chart where you got the confirmation signal pl. tks !

 

[vasan56]

Friends,
Please guide me where to enter in 3 min tf?And where is my stoploss?

 

[vivektrader]

Friends,
Please guide me where to enter in 3 min tf?And where is my stoploss?

If you can mark mpl, mph,vpl,vph then just go through post 1229 on page 123.
If you have trouble marking them, then first go through "teach a man to fish" by Saint sir.
Regards
Vivek

 

[anilnegi]

Yes bank shorted @ 732 bought @ 729.81, though it provided total 3 trade today but traded only one.

thanks

 

[vivektrader]

Hi Anil Ji, can you tell me how did you decide exit level.
Thanks
Regards.

 

[amitrandive]

How u choose stock???

thanks

Just chipping in , most seniors have already said that we need to maintain a fixed watch-list.

By this way we learn to understand levels of those stocks rather than chase multiple stocks.

The problem with many traders is they see the highest gainers and loosers and try to see if their system catches it.This method fails and then they go on refining their system or searching for a new system.This search never ends.

What we should try to do is use our scanner/system on a fixed group of stocks we are comfortable with as per our risk capacity.

 

[vivektrader]

Amit Ji, can you enumerate some points regarding exit strategy.
Regards
Thanks

 

[Sammy.Young]

I tried my hands on crude today using 15/5 chart...exit is my problem as well. I exited at 2487(CMP) but it looks bullish & 4-5 hrs are remaining...!!

 

[amandeep86]

I tried my hands on crude today using 15/5 chart...exit is my problem as well. I exited at 2487(CMP) but it looks bullish & 4-5 hrs are remaining...!!

Pls post your chart of entry

 

[vivektrader]

Nobody interested in exit strategy discussion?