Pivot Trading- a new way of Trading

[Subhadip]

Subhadip,

It can be done in amibroker. But it may distract the pivot learnings. so we can do this, once all the pivots lessons are over.

My dear friend it is a price action entry I am talking, just shown a entry point and one trading method using one moving average crossover I was using.

The basic remain the same- Pivot based price action trading.

I have already discussed almost everything, want to see from you new traders to learn.

This is to all:

The things to be learned :

1. What is Pivot?
2. What is Rally & Decline?
3. How Pivots are forming?
4. What is Minor pivot high & minor pivot low?
5. How mPH &mPL will determins the Minor Trend?
6. What is Visual Pivot (VPH & VPL)?
7. How to know the Visual Trend?
8. How to trade the Visual trend in intraday?

I can only show my views & my ways of trading. BUt my dear friend you have to trade alone.

 

[wisp]

Any ways i don't understand this tendency of jumping from PA to EMA so stopping this discussion at this point.

Best of luck for learners

Dear XRAY bro,

NOT jumping, sticking with PA only

 

[Subhadip]

one question :

where is ERL?

How will u trade this chart?

 

[wisp]

one question :



where is ERL?

How will u trade this chart?

Dear Subhadip Bro,

Long on pivot break. No opp for short yet although ERL is activated in both cases

 

[Subhadip]

one question :

where is ERL?

How will u trade this chart?

Also how will you trade this chart, if you want to maximise your profit what will you do? Where u can add your position?

Where are the visual pivots? Where are the minor pivots?

 

[Subhadip]

one question :

where is ERL?

How will u trade this chart?

Dear Subhadip Bro,

Long on pivot break. No opp for short yet although ERL is activated in both cases

In your first entry, just before there is a aggressive pivot also, can we enter there ?

 

[sangram1705]

one question :

where is ERL?

How will u trade this chart?

 

[amandeep86]

Trade will be initiated on break on minor pivots after ERL activation in direction of reversal from ERL

 

[wisp]

In your first entry, just before there is a aggressive pivot also, can we enter there ?

Dear Subhadip Bro,

Please check

I am not very sure about aggressive pivot, I thought we can use it only for adds, but I think my entry is not a clear pivot, still can enter I think

 

[sangram1705]

DADA,
pl check this one