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Olaha replied Jul 20, 2007What do u mean the SL a bit tight? He bought 4 lots (mini lots). Let say 1 lot 1000 unit 20 pips is 20$ for 1 lot If 4 lots = $80 Is a big money for him friends...
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007Actually is very simple rule that you should follow; Look for PP level for Daily, 4 hrs, hourly. If the price is above the Pivot for Daily, 4 hrs and hourly =bullish If the price is below the Pivot for Daily, 4 hrs and hourly =bearish The entry at ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007For information to you all; I will be back to online by 4.15am EST. I will follow up the news release at 4.30am EST. I am sick, so.. I will not stay long on my laptop. So, If you have any question, I will try to answer when I am online. Try to ask ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007Actually I am not sure either hebsh sell or buy. I think.. buy entry. He shouldn't enter at that time because no signal yet on buy entry that time. He knows his mistake. On the time he send me the message, I was offline. After 2 hours, I came back ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007Good night and good day to all... I have to go..... I don't take anymore..... very slow... now the trend is sideway...
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007Sorry...30 m charts... use 14,3,3
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007In 1 hr, the stochastic show that want to retrace, u better wait for another 30 minutes, if the next candle continue than take it.. For save side... u can take at 168.70, With stochastic confirmation (15 minutes chart)
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007Yes...good... Not the time yet...wait for retracement.
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007EUR/JPY is good currency to follow if you don't like to follow the news release because this pair currency doesn't effect much on any news release.
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007Since the price can't break the 511, now we look for bearish trend. We can take at S1 level 480.
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007If the price came back to 511 than we enter at 534 Good Luck!
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007I don't take anything now... I will wait for next New PP at 9 GMT. This news release doesn't give much move. 30 pips only. Let the price settle 1st. Just be passion...
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007Leo221, you see the price retrace now? If you take just now... sure SL.... heheheee..
Pivot Point with Money Management Strategy
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Olaha replied Jul 19, 2007Wait! — Wait for 4.30 news.. General direction will be Bullish.. but just give a space for the news release to retrace. Than we take Buy... remember... look for 1 hour and 15 minutes Stochastic retracement. Good Luck!
Pivot Point with Money Management Strategy
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Olaha replied Jul 18, 2007No..that is correct (the PP level). During new release is like that. Don't compare the trend with other pairs during the news release.
Pivot Point with Money Management Strategy
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Olaha replied Jul 18, 2007This is for the next news; Wednesday, July 18th, 2007 (10:00 a.m. New York Time) USA At 10 a.m. NY time we have Bernanke talking and giving his semiannual testimony. Everybody expects him to be hawkish, and if he drops his hawkish tone, I think we ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 18, 2007Can take sell but up to 2.0260 only Bullish still continue latter.
Pivot Point with Money Management Strategy
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Olaha replied Jul 18, 2007News — Who want to follow up news, this can help you; Wednesday, July 18th, 2007 (8:30 a.m. New York Time) USA SUMMARY: * Report: U.S. CPI CORE y/y * SELL on GBP/USD if the number will be 2.3% or higher * BUY on GBP/USD if the number will be ...
Pivot Point with Money Management Strategy