Trading as a part time profession.

Status
Not open for further replies.

ag_fx

Well-Known Member
Dear Ankit,

As promised, that I will tell you about the pivots, find the below pic and information and use it for your trading method or make changes using those to suit your trading style.

This will help you to decide the filter value and to decide how to use them.



Just one word..... AWESOME:clapping::clapping::clapping:



Thanks
 

pleaseharsh

Well-Known Member
hello raj....very good work...
just i got one view on using the big filter on sideway pivots ....i personally look sideway as a case : break off either side with SWIFT move...i.e breaking of low of this consolidation/conjestion confirms that side move..in simple words escaping range most of the time confirms that side movement.. .so wouldn't it be better to use small filter...?
 

rajendrani

Well-Known Member
hello raj....very good work...
just i got one view on using the big filter on sideway pivots ....i personally look sideway as a case : break off either side with SWIFT move...i.e breaking of low of this consolidation/conjestion confirms that side move..in simple words escaping range most of the time confirms that side movement.. .so wouldn't it be better to use small filter...?
Well what you say is correct, no doubt in that, Big filter is for the failed Breakout or Breakdown, but as market cannot be predicted by anyway, so small filter can be used. As I am comfortable with the big one in this case so I use the big filter.

Thanks harsh, nice observation on consolidation part.
Regards,
rajendrani
 
Status
Not open for further replies.