CPR Tricks expained for various scenerious

cpr strategy quick notes below for various scenerious

Direct trick that is go with the direction of breakout/direction

1. open above r1 or below s1
2. open between r1 and cpr or s1 and cpr
3. open inside cpr

Reversal trick that is go with the reverse direction of breakout/direction

1. open above r1 or below s1
2. open between r1 and cpr and s1 and cpr
3. open inside cpr

Some scenerious explained below:

1. if market open at s1/pdl then its tricky as it can go up or down- low probable trade – orb breakout to next pivot point like cpr or r1 or s1 etc -quick scalping is recommended. sl reasonable and target next pivot point

2. if market open at r1/pdh then its tricky as it can go up or down- low probable trade – orb breakout to next pivot point like cpr or r1 or s1 etc -quick scalping is recommended. sl reasonable and target next pivot point

if S1 and pdl is broken/cross with candle closed.

3. if s1 and pdl is far and wide cpr then also tricky. only trade s1/pdl breakout with quick scalps with next pivot points 50% that is s1-s2/2- sl reasonable above s1/pdl and target next pivot point

4. if s1 and pdl is near and narrow cpr then good probability trade when s1 and pdl breakout to next pivot points – sl reasonable(either till cpr if not too far or 50% if far distance ) and target next pivot point

R1 and pdh is broken/cross with candle clossed

5. if r1 and pdh is far and wide cpr then also tricky. only trade r1/pdh breakout with quick scalps with next pivot points 50% that is r1-r2/2 – sl reasonable below r1 and pdh and target next pivot point

6. if r1 and pdh is near and narrow cpr then good probability trade when r1 and pdh breakout to next pivot points – sl reasonable(either till cpr if not too far or 50% if far distance) and target next pivot point