Dear Saint as you Said in the thread you will outline some rules fo Pure and agrresve .... here are my veiws why i went long on wednesday may made a huge mistake but posting only due to correct my mistakes ............
Generally i use 60 min pivots to trade on wednesday when price made new lows 3370 - 3352 i moved my stop to high of the day .... then candle one moves up and crossed the days high but could not cross high + filter then we have a down bar on 60 cnadle 2 now in my veiw reversal point near high getting importance ..... but could not get clear pivot to reverse then switched to 30 min got a pivot and when crossed then reverse .... while crossing 30 min pivot price has already moved up nearly 182 points so conviced to reverse in 60 min trade
Again now doubt arising do we consider 5 bar rule to define a pivot .... or any thing visualy obvious pivot to reverse ??
Now people like me there who dont use 30 min pivot very often but in some cases llike this one we tend to use 30 min pivot to get clear picture ......
hope you will consider our case while outlining the rules in this week end
Waiting yours and others veiw to correct rules .......
Regards
Satya