Thread by @scorpiomanojFRM

#Freetip Do you know? Pivots can be bisected further intraday; For eg, A day can be divided into 3 zones 375/3 = 125 minutes; For each of these pivots can be drawn based on Prev 125 min price action. 5 min chart with daily pivots + 2 min chart 125 min pivots ....

.... provides a powerful combination of day trade setups. One simple eg is if in 2 min chart price crosses a key level ( any of the cpr based on prior 125 min hlc) and in 5 min chart if simultaneously price breaches a key level ( based on Prev day hlc), .....

.... it is a terrific combination; Logic of 2min tf 125 min pivots is as under:
5 min tf - 375 min pivots (daily means 375 min) ; So divide all be 2.5 which gives 2 min tf - 125 min pivots; While 5 min tf daily pivots keeps you on hold of Prev day sentiments ...

....2 min tf 125 min pivots keeps you on hold of price action based on the most recent sentiments; when these two align it provides a powerful recipe of success with less risk as stops will be based on 2 min charts......

..... If you want to reward me for this free tip ( which of similar nature is usually charged by others in the current market place in 4 and 5 digits), try posting this setup in BNF or nf or any other stock. You will learn more when you do it yourself.

A 100 point trade in BNF based on this setup. This is the 2min125p setup with explanation + 5min375 setup with explanation. Stop should be based on 2 min, in this case a conservative stop would be just below 2 min 125 central pivot and aggressive would be just below upper cpr.

Tradingview - Search for ‘updated floor pivots’ . You can find this set up. Ensure that you customize the colors and thickness for visual clarity.