Introduction: Level trading
by PRASHANT SHAH -
Level trading Level trading is to trade the or invest in an instrument when it reaches a particular level. This is type of trading is most commonly followed practice. The level is decided based on the analysis or observation. Analysts decide it based on their observation of demand and supply in the instrument at a ... Read more
Pivot Levels
by PRASHANT SHAH -
Trading based on Pivot levels is one of the popular approaches. Both short-term and intraday traders track Pivot levels to identify support and resistance levels in any instrument. Let’s discuss how these levels are calculated. The pivot calculation method considers the previous day prices to calculate the important price reference levels for trading the next ... Read more
Central Pivot Range (CPR)
by PRASHANT SHAH -
CPR is another popular tool. Three lines are plotted on the chart when we plot CPR. The three lines are: CPR, TC and BC. Let’s understand the calculation. You may recall that I explained the calculation of Pivot levels in an earlier article. CPR stands for Central Pivot Range. It is always a center line ... Read more
Introduction: Level trading
by PRASHANT SHAH -
Level trading Level trading is to trade the or invest in an instrument when it reaches a particular level. This is type of trading is most commonly followed practice. The level is decided based on the analysis or observation. Analysts decide it based on their observation of demand and supply in the instrument at a ... Read more
Pivot Levels
by PRASHANT SHAH -
Trading based on Pivot levels is one of the popular approaches. Both short-term and intraday traders track Pivot levels to identify support and resistance levels in any instrument. Let’s discuss how these levels are calculated. The pivot calculation method considers the previous day prices to calculate the important price reference levels for trading the next ... Read more
Central Pivot Range (CPR)
by PRASHANT SHAH -
CPR is another popular tool. Three lines are plotted on the chart when we plot CPR. The three lines are: CPR, TC and BC. Let’s understand the calculation. You may recall that I explained the calculation of Pivot levels in an earlier article. CPR stands for Central Pivot Range. It is always a center line ... Read more