Pivot Trading- a new way of Trading

vijkris

Learner and Follower
Subhadip Da, when we have an hourly pivot in the direction of daily up trend sometimes price on the next day gaps up beyond the pivot. Would we let the trade go or wait for pullback to the pivot level in order to enter?
 

Subhadip

Well-Known Member
Subhadip Da, when we have an hourly pivot in the direction of daily up trend sometimes price on the next day gaps up beyond the pivot. Would we let the trade go or wait for pullback to the pivot level in order to enter?
Depends on the setup.

I have already discussed gap up and gap down situation some where in this thread only.
 

Subhadip

Well-Known Member
*In the jungle which animal is the biggest .......I heard you say ,........ elephant.

*In the jungle which animal is the tallest...... I heard you say ......Giraffe.

*In the jungle which animal is the wisest.......I heard you say.......... Tortoise

*In the jungle which animal is the fastest ........ I heard you say ....... Cheetahs.

*Uhmm. Among all these wonderful qualities mentioned...... Where is the Lion in the picture.

Yet you say the Lion is the king of the jungle even without any of these qualities.

But I discovered something fascinating about the Lion.

_The Lion is Courageous_

_The Lion is very bold_

_The Lion is always ready to face any mountain, any challenges, any barrier that crosses his part, no matter how big they are._

_The Lion walks with confidence._

_The Lion dares anything and it's never afraid_

_The Lion believes he is unstoppable._

_The Lion is a risk taker_

_The Lion believes any animal is food for him_

_The Lion believes any opportunity is worth giving a trial and never allows it slip from his hands._

_The Lion has charisma._

*_What is it that we get to learn from here ....

_*• You don't need to be the fastest._*
_*• You don't need to be the wisest_*
_*• You don't need to be the smartest_*
_*• You dont need to be the most brilliant._*
_*• You don't need to be generally accepted to become your dreams and be great in life._*

• All you need is courage_*
_*• All you need is boldness_*
_*• All you need is the will to try_*
_*• All you need is the faith to believe it is possible_*
_*• All you need is to believe in yourself that you can do it._

Copied from Internet.
 
Good Evening Subhadip sir,
One doubt when Long
As per exit rule we will exit is decline is confirmed
Can I put the stop loss at low of the fist bar which broke the low of last bar with filter ?
Thanks and regard

Mukesh



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Subhadip

Well-Known Member
Good Evening Subhadip sir,
One doubt when Long
As per exit rule we will exit is decline is confirmed
Can I put the stop loss at low of the fist bar which broke the low of last bar with filter ?
Thanks and regard

Mukesh



Sent from my iPhone using Tapatalk
View attachment 20979


Sent from my iPhone using Tapatalk
Can not understand your question.

Tell me at what price u want to put stop loss. Or mark the point where u want to put stop loss for long
 

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