Pivot Trading- a new way of Trading

[vivektrader]

sir thanks again, well I am not at all fond of indicators, I was wondering when we trade VP breaks can we ascertain better, whether it will succeed or not?

 

[nifty trade]

sir thanks again, well I am not at all fond of indicators, I was wondering when we trade VP breaks can we ascertain better, whether it will succeed or not?

You can't actually ascertain anything, market can hit sl with best setup and give profit with least good setup, concentrate on getting more experience and after few months you will understand, why setup work, why they don't, and there will come a time when you will have no reason to be confused, as when price action is learnt well there is hardly any confusion

 

[vivektrader]

thanks NT sir:thumb:

 

[anilnegi]

Subha da/any senior

Pls find my marking on a daily chart of relcap, pls confirm it is right or am i still missing something, also how to trade this chart it seems in a downtrend

anil negi

 

[Subhadip]

Subha da/any senior

Pls find my marking on a daily chart of relcap, pls confirm it is right or am i still missing something, also how to trade this chart it seems in a downtrend

anil negi

Simple PH & PL will not help any one...

Please read whole Thread...then reply again.

I am intentionally not doing any markings for your learning.

 

[anilnegi]

subha da

thanks for your respons, pls find my markings

awaiting your reply

thanks

 

[Subhadip]

subha da

thanks for your respons, pls find my markings

awaiting your reply

thanks

Some strange nomenclature, I have used VPH, VPL, MPH, MPL, Kindly use those,

But you are going in right direction.

Please read up again.

 

[anilnegi]

thanks da
will post for another stock again, hope you rectify my error

thanks

 

[vivektrader]

Anil bhai mark minor pivot highs and lows, visual pivot highs and lows. all pivots on a 15min chart are visual pivots(good for beginners like me. then mark early reversal line ERL. enter at break of visual pivots and trail your stop loss to successive minor pivot lows (if you are in an uptrend, vice versa for down trend), exit when minor pivot low is violated on downside (if you were in uptrend) or when a candle closes at a visual distance below ERL (if you were in uptrend).

 

[anilnegi]

subha da

pls see my markings, hope i am right in mph/mpl, if not in vph and vpl

thanks