Pivot Based Trading - 1:2 risk reward ratio (Risk less Profit more)

[balraj167]

Hi Radha,

Please find bewlow the chart for Nifty_SPT 1 min chart what would be your stratergy can you please explain.

Thanks
Balraj167

 

[radha55]

Hi,

This theory is not based on charts.

It is based pure mathemeatical calculations

The levels are generated by entering the previous day high low and close at

http: //pivottrading.110mb.com

See the first post once again, i hope you understood.

 

[linkon7]

Bnvl.xxbxha

 

[radha55]

NIFTY Futures analysis for Today.

Price of Nifty Futures Today at around 10:25-10:30 am was 4309-4314.

This price is between Pivot and R1.

So we buy above R1 and sell below Pivot.

We sell below Pivot(4280.4) around 2:12 pm today.

0.75% Target = 4247.9 (achieved)
1% Target = 4237.2(achieved)
2% Target = 4194.4 (not achieved).

No stoploss hit today.

For all those who want to know how this system works, please refer to the first post of this thread.

Disclaimer : I m paper trading this theory.

 

[radha55]

Nifty Futures (July Series) Analysis for Today.

Today at 10:25-10:30 the price of Nifty Futures was around 4255 - 4263.

This value is between Pivot and S1.

So we should buy above Pivot and sell below S1.

So we buy above Pivot (4287.6) at 11:32 am

0.5 % Stoploss = 4266 (hit after 10 min)

We again enter into trade at pivot (4287.6) at 12:15 pm.

0.75% Target = 4319.1525 (Target achieved)
1% Target = 4329.87 (Target achieved)
2% Target = 4372.74 (Target achieved)
3% Target = 4415.61 (Target not achieved)

0.5% loss + 1% profit = 0.5% profit.

For all those who want to learn how this system works please refer to the first post of this thread.

Disclaimer : I am paper trading this theory.

 

[radha55]

Nifty Futures July Series Target achieved.

The price of Nifty Futures at 10:25 -10:30 am was 4369.

This price is between R1 and Pivot.

So as per rule, we buy above R1 and sell below Pivot.

I buyed above R1 (4396) for fibonacci.

0.75% Target = 4428.97 (achieved)
1% Target = 4439.96 (achieved)
2% Target = 4483.92 (not achieved)

Profit fot today = 1%.

For all those who want to know how this system works, please refer to first post of this thread.

I have started trading in real money from today.

 

[bandlab2]

Nifty Futures July Series Target achieved.

The price of Nifty Futures at 10:25 -10:30 am was 4369.

This price is between R1 and Pivot.

So as per rule, we buy above R1 and sell below Pivot.

I buyed above R1 (4396) for fibonacci.

0.75% Target = 4428.97 (achieved)
1% Target = 4439.96 (achieved)
2% Target = 4483.92 (not achieved)

Profit fot today = 1%.

For all those who want to know how this system works, please refer to first post of this thread.

I have started trading in real money from today.

great !!! now we can expect update daily? so whats your target? 1% or 0.8% ?

 

[radha55]

great !!! now we can expect update daily? so whats your target? 1% or 0.8% ?

i first keep a target of 0.75%.

And then if i think it will cross 0.75%, i keep trailing stoploss of 0.75% untill i get 1%.

i exit at 1%. no more greed.

 

[radha55]

Nifty Futures Analysis for today

At 10:25 10:30 the price of Nifty Futures was around 4393-4385.

This is very near to Pivot(4394.7)

So we buy above R1 and sell below S1.

I sold at S1 (fiibonacci) 4355.

0.5% Stoploss = 4376. (didnt got hit. reverted from 4373. But it was bad entry.)

0.75% Target = 4322.3375 (achieved)
1% Target = 4311.45 (achieved)
2% Target = 4267.9 (achieved).

Profit for today = 1%.

Those who entered at S1 (Normal) 4341. was the right time to enter.

But both values gave profit.

I entered at short at 4355. made 1% profit. however i could double the profit. but no more greed.

For all those who want to learn how this system works please refer to first post of this thread.

Disclaimer : Actual Trading started.

 

[Nava]

Hi Radha,

All the best for your real trades..

BTW Can you share your papertrading backtest results in this method...?

Howmany winning/Loosing trades..?