Pivot Trading- a new way of Trading

Subhadip

Well-Known Member
but i think its rule to not to trade when prices is trading in previous day range

thanks

anil negi
Do not trade till the time when trend of the day not identified and when in yesterday's afternoon range.

But in that chart price formed nice pivot in lower range and coming up.

Why not to trade?
 
Anyone want to revise our knowledge.

Ask question or in chart.

We will revise charts of recent days.
Dear Shubhadeep Sir
Thanks for all your help
Please put some light on Crude intraday trading..You have been trading crude for long time..So your valuable experience is helpful for novice trader in Crude..
a) In pivot method, what trading setups /price setups have high probability in crude trading
b) Should we follow complete pivot method or some price action setups will be helpful?
Please share your knowledge/experience about crude in detail
Thanks
 

Subhadip

Well-Known Member
Dear Shubhadeep Sir
Thanks for all your help
Please put some light on Crude intraday trading..You have been trading crude for long time..So your valuable experience is helpful for novice trader in Crude..
a) In pivot method, what trading setups /price setups have high probability in crude trading
b) Should we follow complete pivot method or some price action setups will be helpful?
Please share your knowledge/experience about crude in detail
Thanks
Ok. Will update along with chart. In crude. By tonight or tomorrow morning.
 

Subhadip

Well-Known Member
Dear Shubhadeep Sir
Thanks for all your help
Please put some light on Crude intraday trading..You have been trading crude for long time..So your valuable experience is helpful for novice trader in Crude..
a) In pivot method, what trading setups /price setups have high probability in crude trading
b) Should we follow complete pivot method or some price action setups will be helpful?
Please share your knowledge/experience about crude in detail
Thanks
Hourly Chart of Crude September series


Five Min Chart:


A simple cross over of 9 & 21 EMA is also good here ( if not comfortable with Pivot method).

In crude Pivot method, i preferred 5 min chart, but now a days going for 15 min chart..for personal reason & for big trades.
Yes u can follow complete pivot method, that alone is sufficient. It is a full setup.

Where to go long, where to go short, where to add, everything is there ..
 

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?