Pivot Trading- a new way of Trading

Subhadip

Well-Known Member
Subhadip,

Are the markings of visual pivots and Major pivots correctly marked.
Are we in sideways major trend?
Please tell us the imp of major trend and how to use for intraday trading and in higher time frames.
vishnu_1990v
Yes correctly marked. Now major trend here is in flag formation. It is in a range. Generally it will remain there for two to three days. After that break out or break down. Now in this range trade in half of your position. After BO or BD trade in full position. These modifications you have to made.
 

Subhadip

Well-Known Member
Dear all,
You do not have to trade everyday. Wait for clear signal. In sideways please do not trade.

Also never fight with market. When in trend keep earning and when in sideways well go for shopping.
 

vishnu_1990v

Well-Known Member
Subhadip,
Thanks for allowing to post query on breakout failure.



When the htf is in uptrend and when we get breakout failure in ltf's can we short sell.
Should we short sell below point 1 mpl or point 2 mpl.
or
After the breakout failure below erl newly mpl to be there and then short below the new mpl.
Please reply Subhadip.
vishnu_1990v
 

Subhadip

Well-Known Member
Subhadip,
Thanks for allowing to post query on breakout failure.



When the htf is in uptrend and when we get breakout failure in ltf's can we short sell.
Should we short sell below point 1 mpl or point 2 mpl.
or
After the breakout failure below erl newly mpl to be there and then short below the new mpl.
Please reply Subhadip.
vishnu_1990v
Short below point 1 pivot low.
 

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