Trading Nifty with Camarilla Pivots...!

[techtrader2]

Linkon I believe you are from Kolkata also. Would you be interested in having a meet where few system traders from here can meet and discuss ideas?

 

[linkon7]

Linkon I believe you are from Kolkata also. Would you be interested in having a meet where few system traders from here can meet and discuss ideas?

sure...! why not...?

 

[supremeinfo]

Hi Linkon

can you plz explain how to use cam levels using multiple nifty lots
ie. if you are trading 5 lots minifty do you take position with 5 lots all at once or do you add lots only when your initial position is in profit

Thanks

 

[linkon7]

Hi Linkon

can you plz explain how to use cam levels using multiple nifty lots
ie. if you are trading 5 lots minifty do you take position with 5 lots all at once or do you add lots only when your initial position is in profit

Thanks

this is just my opinion...! Cams are based on previous day's range. If we have a nr7 (narrowest range in last 7 days) then, S4 and H4 are critical entry point... entry wt 2 lots add 2 on break of first support/ resistance.

Say we are in a down trend, then
H4-H3 zone sell, is a 3 lot sell... with exit of 2 lots at S3 and add of 2 lot on break of S4 and 2 lot add on break of support!
S4-S3 buy zone is 2 lot buy...!
S4 break down is a 2 lot sell...with 2 lot add on break down of support and 1 lot add on break of next support...!
H4 break out is a 2 lot buy...!