Learn How To Fish

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VJAY

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Its VPL failure one who only following one scrip can take this trade ...with lowered pos size and sl blw LOD...if see move weaken exit trade....also make sure that there is need some distance price to move means good distance with VPH ...otherwise trade goes as fail....Just for aggressive traders

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MSN1979

Well-Known Member
Since a red candle close, we consider now it as failure
 

anml

Active Member
Its VPL failure one who only following one scrip can take this trade ...with lowered pos size and sl blw LOD...if see move weaken exit trade....also make sure that there is need some distance price to move means good distance with VPH ...otherwise trade goes as fail....Just for aggressive traders

View attachment 28244
Bro for vp failure trades , say for this vpl failure trade , actually where can initiate long trade, abv the green canlde ( 9.40 ) or abv swing high ,( ie vph here )?
 

VJAY

Well-Known Member
Expected answer not got ...:)
When mph break we got new lower low VPL ....here this DVERL comes to play ......so I cancell my sell order and wait(pls note that time VPH not break)...
using DVERL we avoid many whip trades ...check it in live when this scenerio comes.......
 

VJAY

Well-Known Member
Since a red candle close, we consider now it as failure
Dear MSN ,
You not think about this aggressive trades .....in future when you get confidence it will help you ...:)
 

VJAY

Well-Known Member
Bro for vp failure trades , say for this vpl failure trade , actually where can initiate long trade, abv the green canlde ( 9.40 ) or abv swing high ,( ie vph here )?
candle itself......you can take trade abv bar high...I used to take some time @ close of bar itself ....when am in mood :)
 

VJAY

Well-Known Member
failure trades entry is as per your knowledge about reversal bars/pattern ...also there is not sure what happen ...so we exit pos whenever we feel its not go
 

anml

Active Member
Expected answer not got ...:)
When mph break we got new lower low VPL ....here this DVERL comes to play ......so I cancell my sell order and wait(pls note that time VPH not break)...
using DVERL we avoid many whip trades ...check it in live when this scenerio comes.......
Bro again some data difference , i having only mph / vph and today vpl / mpl , no mph between yesterdy vph and today vpl :(
 

VJAY

Well-Known Member
Why I not took 2 nd point of DVERL @ body low?which I mostly draw....
Its due to when I draw 2nd point @ body low of VPL then its looks like horizontal line ...so used VPL low as 2nd point

1536296119595.png
 

VJAY

Well-Known Member
Bro again some data difference , i having only mph / vph and today vpl / mpl , no mph between yesterdy vph and today vpl :(
NP ...as I said earlier follow/trade your charts ....only thing use our rules in your chart :)
 
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