Pivot Trading- a new way of Trading

Subhadip

Well-Known Member



22 sep bank nifty-f
Hi
i am posting today's trade..just posting trade log with chart as Its not model trade..
if its against forum rules..moderator can delete my posts..I have already post my hourly chart live at 12:54 pm..its not only pivot trading which discusses in this thread, but also many other price action concepts which I uses,so Its not purely on pivots but ya Pure price action..
shubhadip bro, I am sorry, I couldnt add as its yesterday I lost a big amount of money..so I was bit of scared ..so today trade light..
thanks
Enjoy. ..........,
 

Subhadip

Well-Known Member
Dont mix methods. Pivot method says Visual pivots on 3/5 min and we had vis pivot lows at 7984 and 7976...and then every low breaking is selling opportunity.

Waiting for VPL on 30 min will be too late if we are trading 3/5 min timeframe.

on 15 and 30 min also below 7976 the trend was changing.So short even at 7950/7925/7900 and still it was very profitable....

If a trader is active daytrader he cannot keep looking at market getting sold off and just keep watching.....must enter atleast a small short position.

Smart_trade
Rightly said sir.
 

wisp

Well-Known Member
wisp

did you trade today , and what is result?:thumb:
Yes bro. After yesterday's poor judgment with VPs :eek: I tried Demand/Support zone today it ws good, I also managed to avoid some bad entries. Could be just beginners' luck. Let's see how it goes in the coming days..
 

wisp

Well-Known Member
Smart Trade bro

today i was long initially but when stop loss hit , i didnt short just because higher time frame(15 min and 30 min) didnt had any VPL broken yet , yes lower VPH had formed but VPL were way below , its a continuous dilemma , whether to look at higher time frame for trades or not , please share your valuable thoughts.
Bro,
Trend change in 15 min chart for your reference. Minor pivot break changes trend on HTF (15 min) Hope this helps.

 
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Subhadip

Well-Known Member
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Good job,

First SL for your second short would have been at your SL2.1:

Adds would have been very juicy.
 

Subhadip

Well-Known Member
Where and When to Add, Please explain or give some link

Thanks,
Hopefully somebody else will help you out this time. Else you can find those in some of my charts..

:)
 

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