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.
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.