Pivot Trading- a new way of Trading

[Subhadip]

Dear subhadip,

My failed trade in reliance yesterday.
Can you please address the problem in my trading.

Regards

Mmohanar

You have to use filter, some point over above or below the pivot price is breaking if at all in any trade....but not trade short there..

 

[Subhadip]

Dear subhadip,

This is my another failed trade in yesbank yesterday.

What is the mistake I did I don't know.

I need your correction.

Regards

Mmohanar

Why short there???

 

[Subhadip]

Subhadip Sir,

how to treat this long wick bar ? VPH?

Myself generally avoid, also you can check NSE website for correct data..

 

[Somatung]

You have to use filter, some point over above or below the pivot price is breaking if at all in any trade....but not trade short there..

It seems this avatar wanted to test your knowledge. Let's see what comes next from him.​

 

[blackberry]

Dear subhadip,

My failed trade in reliance yesterday.
Can you please address the problem in my trading.

Regards

Mmohanar

I suggest to take trade using only vph vpl only.mpl mph trading requires more practice of screen time.In mpl mph you have chance of getting stuck in sideways and SL struck.support /resistence in partucular area plays important role also.
Use entry using vpl vph and exit through mpl mph break.

 

[blackberry]

Myself generally avoid, also you can check NSE website for correct data..

Data is correct Sir.If I ignore it then no problem.Good trade here.

 

[wisp]

Data is correct Sir.If I ignore it then no problem.Good trade here.

I think if there was the same long tail was on the first 1 min bar, it is safe to ignore it because it would most likely be a freak trade

 

[Subhadip]

Data is correct Sir.If I ignore it then no problem.Good trade here.

Please ignore these kind of data

 

[mmohanar]

Drear subhadip,

This is my today profitable trade in yesbank.

Comment pls. is this trade correct?

also i have doubt in below chart.pls clarify.

Regards

Mmohanar

 

[Subhadip]

Drear subhadip,

This is my today profitable trade in yesbank.

Comment pls. is this trade correct?

also i have doubt in below chart.pls clarify.

Regards

Mmohanar

Second picture wrong marking...