General Trading Chat

TracerBullet

Well-Known Member
VPL1 will be a Major pivot, so may be we can take it as pivot above Major ERL.
What is Major pivot? Do you use it part of trading plan? If yes, how.
If i look at 15min chart then the minor ERL is at 164.3

ofc we are all assuming that the reversal here is valid trade ( without considering Major pivot). Its possible reversal is only above VPL3 (165.5) if VPL1 is not vERL.
 

wisp

Well-Known Member
What is Major pivot? Do you use it part of trading plan? If yes, how.
If i look at 15min chart then the minor ERL is at 164.3

ofc we are all assuming that the reversal here is valid trade ( without considering Major pivot). Its possible reversal is only above VPL3 (165.5) if VPL1 is not vERL.
Just like VP is made up of minor pivots MP is made of VPs, but it is not necessary to use them. I think that pivot above minor ERL if it upgrades there will be a long. If it doesnt exist in chart, then should wait for Visual Pivot to go long over. As ST Da had told me during the fall on Jan 21st, if the system does not give entry, even if the move is big, we should stay away.
 

Fundootrader

Well-Known Member
may be market will fall, when all think that, ab nahi girega.
Though still holding 7500 NF but IMO, below it may trigger a fall.
Abhi to amrit manthan ho raha hai... dekhe kisko milta hai yeh --- bulls ya bear... samay batayga kaun piyega shaam ko beer
 

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