Bro, You trade pivot method for price action or do you have any other method? BTW you have got me so much interested in TD system, I am learning it now. Don’t blame me when I come back with questions
Price action is just price action, there is no specific implementation of it. Pivot method is one of the common ways but once you get used to it you will get a "feel". But what we need to master is to avoid sideways mkts. That is what Pivot method will teach us best and that is why it is potent in all TF especially intra.
The TD Seq system is a different animal, bcos in a dynamic counting way, we can actually infer how extended a trend is.
So if i say 1Kilometer or 10KM from a point, you're able to gauge it depending on if you're walking or in a vehicle. In the same way, the TD system allows us to gauge in which part of a "trend the mkt is in", which Price action wont do.
Like PA doesn't call tops and bottoms, TD can. They don't always go right but they're still most effective that i came across.
TD works best on HTF like Daily ( most used ) and weekly sometimes. Intra you can just use setup counts for trailing.
PA can also be used in any type of scrip ( Eq, commodity, Curr ), even rotten/beaten/manipulated ones etc like yesbank but
TD Seq system wont fare well in those type. It is more like a market rhythm of accumulation and distribution so apply to quality/stable scrips.
Now if one can put these together ( TD + PA ), then we're armed well.
You will still need capital, need mental strength, wits and blessings