hello niftytauras
i have seen your chart in many places you have market pl/ph with only one down bar or one up bar and in start of this thread subha commented that the ph and pl sould have atleast two subsequent down bar/up bar
pls clarify
thanks
i have seen your chart in many places you have market pl/ph with only one down bar or one up bar and in start of this thread subha commented that the ph and pl sould have atleast two subsequent down bar/up bar
pls clarify
thanks
As I said earlier, nothing is wrong or right in trading..even ST Da says, its discreationary trading, & different traders mark mpl /mph differently..& with different rules..
frankly speaking, I dont follow rules for marking them as I have been following pivots in my trading very long before that thread..so I just go by my eyes..i dont see rule by rule..I have learned Fractals..so its just a visual job..some use 3 candels pivot & some 5 candels..I just go by my eyes..it can be wrong also & may be not abiding by rules..but I am comfortable in it
I have learn methods whichever related to Price action & I choose only things in which I am comfortable & sometimes I mix some..its a very discreationary process..
thanks