Price action set up

[EagleOne]

@Priceaction

Read your posts. I think you have much much more to learn about trading using tricky Vol 'indicator'(?). Suggest you get familiar with VSA properly first. There are some excellent posts on TJ on the same.

@Rkkarnani
Saw your first chart of 7th june. If this is how you trade (calling 14 points 'profit' before brokerage) then, my friend, you will be in trouble sooner than you think. Second trade of 50 points, though, didn't have that perfect entry, but perfect exit.

 

[priceaction]

@Priceaction

Read your posts. I think you have much much more to learn about trading using tricky Vol 'indicator'(?). Suggest you get familiar with VSA properly first. There are some excellent posts on TJ on the same.

@Rkkarnani
Saw your first chart of 7th june. If this is how you trade (calling 14 points 'profit' before brokerage) then, my friend, you will be in trouble sooner than you think. Second trade of 50 points, though, didn't have that perfect entry, but perfect exit.

@Eagleone dear i dnt trade on volume now i used to...but now i hv completely different set up...which include my pivots.which i hv found through my experience.n trading this set up from last 9 months. n results are above expectations.i have my own style of finding pivots.like hv R area pivot, 3c pivot, 5hhll pivot, range n clear close pivot.so i dnt watch volumes....n i always follow my zones.but thax for your interest in guiding me i really appreciate that.

regards
priceaction

 

[EagleOne]

@Eagleone dear i dnt trade on volume now i used to...but now i hv completely different set up...which include my pivots.which i hv found through my experience.n trading this set up from last 9 months. n results are above expectations.i have my own style of finding pivots.like hv R area pivot, 3c pivot, 5hhll pivot, range n clear close pivot.so i dnt watch volumes....n i always follow my zones.but thax for your interest in guiding me i really appreciate that.

regards
priceaction

Good to hear that you are no longer stuck with just volume bars, and moved on to develop your own methodology. I hope you didn't get offended by my earlier terse post.

By the way, what I said about VSA, still holds validity. Pivot based trading gives one a very localized trading ideas. A proper knowledge of VSA - once you get the hang of it - will help you figure out many things well in advance - in fact, well before the candles even start forming the patterns.

Just a thought. If it helps you in anyway, I will be glad.

Take care, and best of luck in your trading journey.

 

[priceaction]

Good to hear that you are no longer stuck with just volume bars, and moved on to develop your own methodology. I hope you didn't get offended by my earlier terse post.

By the way, what I said about VSA, still holds validity. Pivot based trading gives one a very localized trading ideas. A proper knowledge of VSA - once you get the hang of it - will help you figure out many things well in advance - in fact, well before the candles even start forming the patterns.

Just a thought. If it helps you in anyway, I will be glad.

Take care, and best of luck in your trading journey.

thax will look at VSA thread...rest rock on....

 

[angira]

hi priceaction,
nice strategy, i'll try it next week...
thanx.

 

[priceaction]

hi priceaction,
nice strategy, i'll try it next week...
thanx.

angira which set up ur talking abt i hvnt wrote my set up in forum...bt can explain reason for my every trade entrie n exit. n these days m also doing live discussion.u can check my previous pages.....thax....for consideration..i hope u understand

 

[priceaction]

good mrng frnds....lets see..hw it goes for today..best of luck

 

[priceaction]

5tf trend dwn..no position yet..if it comes in my range of 5096 n 5083 then ill try short position ....or need my pivot below this area....long only if there will be good risk. reward as it can try to fill gap...lets see....this is wat my mind set is now...rock on

 

[priceaction]

placed sell order at 5034.30 let see if it gets trigger or nt..

 

[priceaction]

m short nw..risk is very small......candle close above 5045.7 we are back to longs....always follow never predict