Learn How To Fish

[VJAY]

My Understanding ofTodays Setup

Yesterday VPL got broken by .90P

We UT is also NEGATED

MPL BELOW BREAK OF VPL would Trigger a short :Reason that would be Start of DT

Since UT is negated Questions do we need to wait for a new MP above VP now? to take long?

Dear MSN,
IMO atleast in my chart its not breaken VPL yesterday.....
Yes UT negated as we got lower high VPH...
Now it may be visual sideways...
we need mph abv VPH for long
need mpl blw VPL for short...as of now..
we may get again some VP's ...when that happen act according to that VP...
hope its clear

 

[vivek.civil17]

Nice .:clap: ..and these post helps many here ...please note the bolded point ...its important to survive in this field of trading.....

thanks vijay bro , sure i will be grateful to you and subhadip bro fr this beautiful pivots .

 

[MSN1979]

Dear MSN,
IMO atleast in my chart its not breaken VPL yesterday.....
Yes UT negated as we got lower high VPH...
Now it may be visual sideways...
we need mph abv VPH for long
need mpl blw VPL for short...as of now..
we may get again some VP's ...when that happen act according to that VP...
hope its clear

Vijay Sir today I am lucky to save the chart when .90P break VPL got broken(Earlier). I save almost all my charts to go back and study

I think the CANDLE MAN and DATA MAN never think poor trader miss VPL for .90P :

 

[MSN1979]

break of mpl ...short order to be placed in system 597.05

Sir where to Place SL ( I don't trade only knowledge purpose)

 

[VJAY]

break of mpl ...short order to be placed in system 597.05

Sir where to Place SL ( I don't trade only knowledge purpose)

when it triggers you know where its is !!!!!!!!!!
Though for pos sizing one can use HOD as sl

 

[VJAY]

What you do now?................

 

[vivek.civil17]

What you do now?................

new vpl we got . and VPH also takes out . price remains in sideways , will wait fr MPH above VPH here

 

[anml]

What you do now?................

now same sell , till now , as break of vp

 

[anml]

new vpl we got . and VPH also takes out . price remains in sideways , will wait fr MPH above VPH here

also now mpl to break for short abv new vpl formed , right bro ?

 

[MSN1979]

What you do now?................

Price is sideways ...now wait for break of VPH then go long above mph?