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

[radha55]

 

[rajatheroyal]

wow Thanks:thanx: for putting ur hardwork.:clapping:

 

[sukhwinder777]

traderji forum,
every one who brouht notice my query ever in favour response.. or... but noticed u...Thanks for everyone Hope ! always be for help there. Specially thanks to forum for creation this... for help,need,sharing views means big source of kowledge.
thanks
S.Kumar

 

[sukhwinder777]

really very thankfull .. u tried me to help with example and so calculation... in this precious time nobody in this system having time of even 1 min for others. but like u persons be the hope for...
THANKS
SK

 

[radha55]

Target achieved today for Nifty April Futures.

As per the calculations Pivot: 3357.

At 10:25 - 10:30 am today, price of nifty futures was around 3340 - 3350.
(This price is between S1 and Pivot. so as per rule we should buy above Pivot. But if note here the price is near +/-0.02% of Pivot. So as per rule we should buy only above R1.)

R1 for normal : 3406.9
R1 for Fibonacci : 3396.

Now lets say we buy at 3408 (normal values)
0.75% Target = 3433.56 (See the high for today 3432.33 just 1 rs less)

Now lets say we buy at 3400 (fibonacci values)
0.75% Target = 3425.5 (Target achieved.)

Do reply with your trades if you trade in something else.

 

[arnavk]

Hi,

Do you mean price is under +-0.2% instead of +-.02% because .02% of 3357 is about .67 only?

Thanks
A

 

[radha55]

Nifty Futures April Target achieved today

Today at 10:25-10:30 the price was 3360 - 3374

Pivot: 3387.03.

So our price is between Pivot and S1. As per rule we buy above 3387.

Lets say we buy at 3390.

0.75% Target = 3415.425 (Target achieved)
1% Target = 3423.9 (Target achieved)
2% Target = 3457.8 (Target achieved)
3% Target = 3491.7 (Target achieved)

Today was an exceptional day when we see 3% Target achieved.

But our 0.75% and 1% Target achieved.

Those who want to know how this system works please refer to first post of this thread.

 

[observer]

Could you please narrate the backtesting with SBI? It would help me understand the system.

Thanks

 

[thesaint]

Thanks for the pivot trading file can u make one for nifty future so that we can get the data for nifty future in the above 10scripts can u add one nifty future

hope to hear from u

regards

 

[radha55]

Could you please narrate the backtesting with SBI? It would help me understand the system.

Thanks

I already explained before with RNRL example.

Please go thrgh all the post in this thread.