Pivot Trading- a new way of Trading

observe the price action closely its a classic afternoon reversal breakout failure at vph .a lot of this comes from experience .once price price comes back below verl makes a small pivot should be ready to short there .check my post on 18th september i had posted nifty can fall if it breaks 1.50 low and it broke and fell decently this could have failed also but we as traders r looking for highest probablity and go with it .again watch thousands of charts itll become more clear to u .one simple hint im giving u generally good breakouts above such vph happen mostly in morning afternoon upmoves will generally be from vpl breakdown failures and vice versa for shorts .
Good Evening Sir
Its 18 september , nifty future chart- 5 min.
here I marked your trade .But I dont understand VPH failure setup here..Please guide me wht I am missing?
thanks
 

Attachments

rjshem

Well-Known Member
Good Evening Sir
Its 18 september , nifty future chart- 5 min.
here I marked your trade .But I dont understand VPH failure setup here..Please guide me wht I am missing?
thanks
this I had posted in live .before the move not the usual setup .this comes from experience of watching lots of price action .even today we have similar setup in nifty.will post more on this when I open a thread in future .
 
Last edited:

rjshem

Well-Known Member
5)Patterns and TF amalgamation on higher TF In this we look at higher TF mostly 60 min. here it is 60 can use higher also here look for Failure/ rejections/ Patterns at imp levels when they amalgamate at one point... fine tune the entry on 5 min these trades generally give good move so little relaxed on SL movement mostly look at higher TF charts like 15/ 30 to move SL all charts on 60 TF .

1545719025312.png

1545719058279.png

1545719083995.png

1545719119887.png
1545719194862.png

1545719222816.png

1545719259849.png


1545719292938.png
 

rjshem

Well-Known Member
6) VPH erl rejection
1545719769224.png

1545719820178.png

1545719854771.png

1545719890449.png


ALL the above setups posted have very high probability when they work they give excellent trades . all charts old not done by me so if any errors on chart marking ignore just understand the setup well .I am busy so not able to post much so giving away the soul of my setups hope this helps some one good .so enjoy happy holidays and merry Christmas .
 
6) VPH erl rejection
View attachment 32050
View attachment 32051
View attachment 32052
View attachment 32053

ALL the above setups posted have very high probability when they work they give excellent trades . all charts old not done by me so if any errors on chart marking ignore just understand the setup well .I am busy so not able to post much so giving away the soul of my setups hope this helps some one good .so enjoy happy holidays and merry Christmas .
Rj sir, this info is gold
Are there books you suggest to read and get more understanding like this
 

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

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