Learn How To Fish

Status
Not open for further replies.

VJAY

Well-Known Member
1534138658468.png


Now confirmed Down trend ....We got lower low VP's..
 
Last edited:

MSN1979

Well-Known Member
No its not pointed any one....am seeing most are not getting this concept right ...Its due to looking minor pivots diferently...though its not wrong looking minor pivots diferently....problem is they not have any rule to look it diferently ...so its waste of time for one who tracking/following /trying many methods ....this method easy one who regidaly following it...this method's success comes only from trading it long ...trading experience only helps to learn this method....others fails and start to frustrate and later switch to other method....I had seen this since last few years....This method not give any help only reading this thread...need to live test to learn it ..take any one scrip chart and watch it in live and mark mp/vp etc...what vivek doing is great...he learnt basic things only need to align trading things which only comes when trading/live papertrading it.....anyway I will post my trading chart which marked mp/vp etc ...you can ask any doubts about mp/vp/trend to that chart ...it might help ....
Thank you so much SIR. Love you for doing it again for us.
 

MSN1979

Well-Known Member
Yellow arrows -Minor pivots
Blue arrows-Visual pivots
Please look how it marked
How we not get visual pivots when series of minor pivots
How we get visual pivots without minor pivots

View attachment 27393
Sir what chart is this? I am asking as I need to ask question in this
 

VJAY

Well-Known Member
Some other rules can use in trading....
1.When in big gaps/vertical moves can trade bothways on minor pivots upto price stabilise
2.Be carefull in sideways and not try to draw erls and get caught in whips
3.After a big fall/vertical move price most of times go to sideways infront of that big fall...so be carefull ....yuou will play ping pong :D
4.one can book profit if failures see at previous VPH/VPL,failures @ major SUP/RES areas,Hammers @ key areas...

Not coming all into my mind at now :) ...will give if any comes into my mind :D later
How my rules saving me some whips............
 

VJAY

Well-Known Member
Hello Vijay ji, are you considering virtual low to mark MPs.

Screenshot
no sanjay...I follow basic rules only ...and for TSL and avoid trades using my own some rules which I learning/getting trading this method evaluating my trades ...
 
Status
Not open for further replies.

Similar threads