Learn How To Fish

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MSN1979

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No MSN.....in your chart there minor pivots then why we look here sideways?..I meant by sideways is side by side bars.....for sideways by price action we allready have our rules .....so in your chart no long trades

ah ha LOL I think I understand more now :p I feel embarrassed :facepalm:
 

MSN1979

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I expected this chart from you guys :)

View attachment 28100

Vijay Bro what would be the reason for taking short ?

Please ignore this line if its not break of VPL trade ( If it is VPL we did not take this trade because we had a Higher VPH). We considered the price to be sideways.
 

VJAY

Well-Known Member
Vijay Bro what would be the reason for taking short ?

Please ignore this line if its not break of VPL trade ( If it is VPL we did not take this trade because we had a Higher VPH). We considered the price to be sideways.
at morning when 1st short trade trigered its start of DT...after high made (HOD) after LOD allready VPL then we almost confirmed DT...if any mpl breaks it VPH...here its break before our trade...check in charts
 

MSN1979

Well-Known Member
I agree with that part its start of DT. But according to our setup method we only take short MPL below start of DT. Please correct me.
1536053042123.png



1536052946929.png
 

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VJAY

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I agree with that part its start of DT. But according to our setup method we only take short MPL below start of DT. Please correct me.
View attachment 28104


View attachment 28103
Ohh you have still not got most basic thing of this method......lowerVPL-lower VPH=DT,higher VPH-higher VPL UT....think about it
for renetry check reentry rules when sl hits
 

VJAY

Well-Known Member
Look this marked chart reverse for DT....

1536054147876.png
 

VJAY

Well-Known Member
I think TATASTEEL given 2 scratch short trades today though not in loss may be BE trades
 

MSN1979

Well-Known Member
Ohh you have still not got most basic thing of this method......lowerVPL-lower VPH=DT,higher VPH-higher VPL UT....think about it
for renetry check reentry rules when sl hits


We are a group and all of us make same mistake (atleast this is what I think) But nobody wants to come forward and ask maybe they are busy with some more important work, but for me this is something I must understand correctly.

lowerVPL-lower VPH=DT

But according to my marking on chart I have Higher VPH. I have posted.

So if we have a Lower VPL but a Higher VPH then its Sideways ?

1536054874656.png



Vijay Bro, I can stop asking (Since I am not even sure if I am asking you valid questions).
 
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