Pivot Trading- a new way of Trading

Subhadip

Well-Known Member
Even Al Brooks clearly tells this. So I agree with you and thanks to post it, as I thought to do it, but feared the hate which may comes up when doing so.
Why hate will come.

All are learning here. Everyone. Including me also.
 
Sbhadip da, In an uptrend where after having a VPL, is it okay to go long above the previous Mph after VPL or do we have to consider other things like ERL, etc?
If no please specify.
 

wisp

Well-Known Member
In pivots method go with the clearly visible pivots.Dont micromanage and keep looking for tiny and microscopic pivots.

Smart_trade
ST Da,

In Saint sir's charts sometimes he calls something a pivot even with a tiny tail peeping out. If we ignore these pivots which may not be that visible some times we end up not marking a VP and therefore our trend identification may be wrong. So how to balance between micromanaging and wrong trend identification :D
 
ST Da,

In Saint sir's charts sometimes he calls something a pivot even with a tiny tail peeping out. If we ignore these pivots which may not be that visible some times we end up not marking a VP and therefore our trend identification may be wrong. So how to balance between micromanaging and wrong trend identification :D
1) Please share these charts, as far as I know we did not consider tiny pivots .

2) Some more things to be learnt in this method, after which wrong trend identification is almost zero.

3) Any method is designed to take care of maximum possibilities happening in the market, no system can be designed which will take care of all 100 % possibilities.

Smart_trade
 

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