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    15 Patterns Only

    Uploaded by

    Prabu Kumar
    Pivot trading patterns

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd

    15 Patterns Only

    Uploaded by

    Prabu Kumar
    231 views16 pages
    Pivot trading patterns

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    © © All Rights Reserved

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    PDF or read online from Scribd

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    Pivot trading patterns

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Download as pdf
    231 views16 pages

    15 Patterns Only

    Uploaded by

    Prabu Kumar
    Pivot trading patterns

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Download as pdf
    of 16
    My 15 Day Trading patterns (in brackets | have given which part of the time this pattern mostly happens, it doesn’t mean that if some pattern | shown in Mid to later afternoon means it can’t happen at the opening, its just frequency of pattern at that time) OD (OPEN DRIVE) - (OPENING) ODR (OD REJECTION)- (OPENING) PPT (PIVOT PRESSURE TRADE) - (OPENING) EVENING STAR - (OPENING) MORNING STAR - (OPENING) VIRGIN CPR RVRSL - (OPENING) RGR (RED CANDLE RETRACEMENT) — (OPENING TO MID AFTERNOON) GCR (GREEN CANDLE RETRACEMENT)- (OPENING TO MID AFTERNOON) GAP UP REJECTION — (OPENING TO MID AFTERNOON) CPR BO (CENTRAL PIVOT RANGE BREAKOUT) - (MID TO LATE AFTERNOON) GAP DOWN REJECTION - (MID TO LATE AFTERNOON) M RVRSL - (MID TO LATE AFTERNOON) W RVRSL - (MID TO LATE AFTERNOON) RCBO (RED CANDLE BREAK OUT) — (MID TO LATE AFTERNOON) GCBO (GREEN CANDLE BREAK OUT)- (MID TO LATE AFTERNOON) ) (OPEN DRIVE) PATTERN OPEN DRIVE(OD) SET UP Target- nearest resistance or T aree Pivot daily/weekly/monthly) Entry on close of first 5 min pin bar candle Stop Loss Stop Loss PDH —— Stop Loss POH PDL Stop Loss Entry on close of 5 : min candle ODR (OPEN DRIVE REJECTION) PATTERN OPEN DRIVE REJECTION(ODR) SET UP +—— _ Stop Loss +———_ Stop Loss I Weekly/monthly pivot or Resistance Entry on close of the candle which broke first 5 min pin bar candle Target- nearest resistance or PDH or current day CPR PDH PDH PPT PATTERN (PIVOT PRESSURE TRADE) PPT PATTERN(PIVOT PRESSURE TRADE) SL PDL/NEXT PIVOT \ OEE EES EVENING STAR SET UP Stop Loss Stop Loss +——— Entry once candle closes below PDH Target - CPR MORNING STAR SET UP Target is CPR +—— Entry once candle closes above PDL Stop Loss Stop Loss VIRGIN CPR RVRSL «— _ Stop Loss above virgin CPR <— short here | Previous day Virgin CPR Target current day CPR RED CANDLE RETARCEMENT(RCR) +—— Stop Loss here above CPR short here at high of *——~ __first red candle Target back to first candle low or if any resistance/or pivot before that ih First 5 min Red candle GREEN CANDLE RETARCEMENT(GCR) Target back to first green candle high or if any resistance/or pivot before that “he, / mS here at low of first green candle +—— Stop Loss here below Green candle or below any support(Pivot/PDL )underneath GAP UP REJECTION Stop Loss here above the pivot(daily/weekly «—— _ormonthly) or | Pivot daily/weekly/monthly <—— _ Short Entry here at close of first gap up bearish candle with its wicks taking resistance at some pivots like daily/weekly/monthly or next couple of candles which are showing weakness after reaching pivots Target back to PDH or if any support before that PDH GAP DOWN REJECTION Long Entry here at close of breakout candle above PDL, high «—— probability set up in late afternoon 4 —— Stop Loss Big gap rea l u aot nal CPR BREAKOUT —— Stop Loss CPR = Stop Loss Short Entry here at close of breakout candle below CPR, high probability set up in mid -late afternoon and if there is consolidation before breakout M REVERSAL Stop Loss above nearest pivot or at 1R daily./weekly/monthly pivot HIGH OF FIRST ONE | Short Entry here at exact HOUR a a I high of first one hour. a 4 i] Target-back to previous swing low W REVERSAL Target-back to +—— previous swing “ | | i high i E Long Entry here at exact *——_ low of first one hour. LOW OF FIRST ONE HOUR daily/weekly/monthly pivot Stop Loss below nearest pivot or at 1R RED CANDLE BREAKOUT(RCBO) J Long Entry here at breakout First bearish candle candle which broke high of first | high ——— Red candle(high probability set up in md-late afternoon) Stop Loss GREEN CANDLE BREAKOUT(GCBO) o Aa "att a *——— Stop Loss Short Entry here at breakout candle which broke low of first Green \ candle(high probability set up in md-late afternoon) First bullish candle low

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