Sir you mean to say that when we take entry we should take at 3or5 min when trade move on favour shift time from from 3 to 30min and trial pivot to pivot and next day trade intra day as per system whether short or long 3:20 will decide whether we take trade as swing or intra day m I right??
No, we take a swing trade on swing trade levels but initially monitor it on 3/5 min charts. Once it moves in profit, then we monitor it on swing levels.Initial monitoring is only because I don't want to take a swing trade on 70 points stop loss. Next day we monitor it on swing levels, and not on 3 min levels.
This works for me.I posted it sometime back and someone said back test the system and if it is a 70 points loss,we take it.That is fine...if one is willing to take a large loss in swing he can trade that way.
Swing and intraday trades are separate. It is a different thing that when day trade is in large profit and swing also points in that direction,we keep part of day trade position into swing...but small part.Most profit is booked as a day trade...so both modes are separate.
ST