Pivot Trading- a new way of Trading

[rjshem]

Rj sir, this info is gold
Are there books you suggest to read and get more understanding like this

. Yes more than gold for me, this thread and whole of traderji u have more than enough to read if u put the effort required to read understand and execute u can make some decent gold as well.all the best

 

[PreSap]

The pivot point bounce trading system uses a short-term time frame and the standard daily pivot points, and it trades the price moving toward, and then bouncing off of, any of the full or halfway pivot points. Pivot points are support and resistance levels that are calculated using the open, high, low, and close of the previous trading day. pivot strategies is a handy tool for forex traders.

For the benefit of new comer: This thread is not using the same concept mention d above by some institute. In this thread structural pivots are being used.


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[onequorauser]

I was about to say the same thing...

 

[john302928]

Could anyone please help me understand what this F means in the below posts? Thanks

 

[Nutjob]

Could anyone please help me understand what this F means in the below posts? Thanks
View attachment 32177
View attachment 32178

F stands for Filter, kind of small additional marginal movement you wait for confirmation of your view.

 

[john302928]

F stands for Filter, kind of small additional marginal movement you wait for confirmation of your view.

Thank you. So we dont take entry at the break of pivot. we wait for pivot+F to takeout to make an entry?
If so please look at the below chart here mph formed @26569.7 and just for an example i take F as 5 points. so we make entry only when mph+F is broken ie 26574.7 is broken? Thanks

 

[rjshem]

Thank you. So we dont take entry at the break of pivot. we wait for pivot+F to takeout to make an entry?
If so please look at the below chart here mph formed @26569.7 and just for an example i take F as 5 points. so we make entry only when mph+F is broken ie 26574.7 is broken? Thanks
View attachment 32179

Yes correct .

 

[Nutjob]

Thanks @Subhadip for this post.

 

[Nutjob]

dear subhadip,
hi.. this is the link for pdf. hope it helps.
https://www.dropbox.com/s/jm2gwxfhemxuy2l/subhadip 4dec2015.pdf?dl=0

Hey @vijkris can you please repost this link? Dropbox is not allowing me to access it saying 'too many requests'.

 

[onequorauser]

One of the points mentioned here during initial discussion on IDF was that it is best to avoid trading in yesterday afternoon's range.
How does this translate to commodities in terms of time?