Pivot Trading- a new way of Trading

[rmike]

I dont mean to disagree ......

Simple query - Have you read the book?

If read, then did you understand it?

If read & understood, then explain optimal f

The explanation itself is the answer to your musings

P.S - Nothing personal, learning is a journey. If you haven't read the book then read it. It'll enrich your understanding. To fill more water in a vessel, it has to be first emptied out

 

[gsn57iaf]

The term ERL is not understood. Kindly elaborate. Thanks.
P.S. I searched it from Subhadip's thread on crude and got this :
"ERL= Early reversal line.
basically it is the support & resistance lines used in a specific manner in case of pivot trading.."
Thanks.

 

[umeshmandal]

Visual Pivot:

Higher minor pivot highs and minor pivot lows make a minor uptrend
Lower minor pivot highs and minor pivot lows make a minor downtrend
The starting point of a minor Uptrend or a minor Downtrend makes a Visual Pivot.

Subha, At what point in the move do we know that the previous HPH is now a VPH :
When a HPL is breached or when a LPH is formed !

Is it at this stage a VPH: ???

Or Now its a confirmed VPH :

 

[vishnu_1990v]

Just understand one thing:

when Rally meets decline - it is Pivot.

Now the trend decide , if it is minor pivot or visual pivot or major pivot.


A series of higher minor pivot high and higher minor pivot low - makes a minor uptrend.

A series of lower minor pivot high and lower minor pivot low- makes minor down trend.

Meeting point of minor uptrend and minor down trend makes the Visual pivot.

Subhadip,
Are the markings of vp's and MP's Major pivots correct.
Are we in sideways major trend and visual trend up presently.
Please tell us the imp of major trend and how to use for intraday trading.

vishnu_1990v

 

[umeshmandal]

Minor Pivot Upgrades to Visual Pivot:

Pic1

A start of a Minor DT at pt 1 below makes that mpH a VPH

Pic2

A start of a minor UT at pt 2 makes pt 1 a VPH

Subhadip,
This is similar to my last query! I had not noted these posts before posting the above.
Here we see that Point one which is initially a MHP becomes a VPH. My query is when? The two images posted by you are at two different points in time. If the MPH at point 1 has already become a VPH at the point when Pic 1 is made then why the Pic 2? It is already a VPH when Pic 2 condition is met?
Am I missing something?

 

[jagankris]

My kudos to Subhadip and VJAY for taking efforts to selflessly impart their knowledge to fellow traders :thumb:

To the Fish Lovers.

Just found this doc while searching some other book in my lop shared to me long back by my friend VJAY.Modified the doc name to avoid

http://www[dot]4shared[dot]com/office/Td1L0cBwce/Fish.html

Happy learning,Fishing and discussion :thumb:

 

[wisp]

My kudos to Subhadip and VJAY for taking efforts to selflessly impart their knowledge to fellow traders :thumb:

To the Fish Lovers.

Just found this doc while searching some other book in my lop shared to me long back by my friend VJAY.Modified the doc name to avoid

http://www[dot]4shared[dot]com/office/Td1L0cBwce/Fish.html

Happy learning,Fishing and discussion :thumb:

Hi, thanks a lot for sharing. Where is VJAY now?

 

[XRAY27]

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[wisp]

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[nifty trade]

Tell me guys which script you want to learn, with some modification

Nifty future is most suitable candidate Subhadip ji , most common :thumb: