Pivot Trading- a new way of Trading

Sideways:

In an UT when we get a lower PH or in a DT when we get a higher PL we have sideways
for e.g. Visual Sideways
We are in visual UT with higher VPL and higher VPH
then we get lower VPH after minor trend confirms to down (minor DT)
now we are in visual sideways until the VPH or VPL is taken out.
sir to confirm change in trend which should take out earlier VPH or Recent VPH...?
 

onequorauser

Well-Known Member
are these markings correct ?
I am not sure abt 2 or 4 which is rgt or both wrong ?
View attachment 25759
I think ST had mentioned somewhere in the thread that ERLs should be in line of sight and should not be have any subsequent moves in direction of trend between the starting point of ERL and LTP

If that is the case, then these should not be valid ERLs...Am I understanding it incorrectly?
 

Similar threads