Change the PP level

Pivot Point with Money Management Strategy

Yes...the spread around 15-20. During the news release, they make the spread wide, after a while the price reverse again. I still manage to catch a good price.

Pivot Point with Money Management Strategy

That is good. Easy for you to see. But you have to change ever hour.

Pivot Point with Money Management Strategy

I trade news after 5 minutes on release time. The spread is big (15-20 spread). So, I wait until the spread back to normal (2.5). If I am very sure on the direction for the day, I will place an order. Off course is good time to trade news...but if ...

Pivot Point with Money Management Strategy

I trade with Oanda. My spread for GBP/USD only 2.5 pips

Pivot Point with Money Management Strategy

You work with ACM broker in management or you use ACM broker to trade? I can't say which is good. For my opinion, the smaller spread is better and the broker can give a good execution. Check out this site; url The news doesn't give much impact, so ...

Pivot Point with Money Management Strategy

Just stand by for 8.30 EST news.

Pivot Point with Money Management Strategy

I trade only GBP/USD. You can use other currency pairs. If you like to trade without news effect, try to trade with GBP/JPY. It does effect but not so much. Try to trade with GBP/USD at this moment, so easy for you to follow up with me. Once you ...

Pivot Point with Money Management Strategy

I don't understand... R2(2.482) is not daily. That is 4 hrs PP. This is not the top yet... bullish trend still continue if the price doesn't break the 4 hrs P level to downward. If possible, look for cross Stochastic at below 50 level, to get end of ...

Pivot Point with Money Management Strategy

Don't enter now. We have to wait for retracement. May be this level can be use on NY session. Good Luck!

Pivot Point with Money Management Strategy

Try take up to R2 (4 hours PP)

Pivot Point with Money Management Strategy

Update PP — The bullish trend still continue.

Pivot Point with Money Management Strategy

That is ok... Anywhere learn from mistake. No mistake..you will not learn anything... From mistake.....you will remember.....and do not do it again. You see the price, still move towards Daily R2? The max for this session will be at R2 on Daily PP. ...

Pivot Point with Money Management Strategy

Yes...that is correct.... "Good student must follow the rule". Remember that..

Pivot Point with Money Management Strategy

I manage to take 25 pips. I place my order at R2 2.0385. I take profit at 2.0410. I know during the news release we can take around 50 pips. From now on, the price start retracing. So I think.. you all can close..rest..drink tea/coffee.. Came back ...

Pivot Point with Money Management Strategy

Pepejeans, Do you manage to move your SL? Congratulation.. you manage to close all your 5 lots.

Pivot Point with Money Management Strategy

Pepejeans, Your SL is very close. Try to use at lease 20 pips SL. If you use SL 10 pips, that easy to sweep away.

Pivot Point with Money Management Strategy

Use 4 hours PP. Calculate the range from R1 to R3. Than you will know how much lots you should buy/sell.

Pivot Point with Money Management Strategy

Pepejeans, Keep it... bullish trend still strong but keep your SL at 2.0361 area.

Pivot Point with Money Management Strategy

What is your SL? Why you buy 5 lots? The range for now is 24 pips, my advise... with this range, we can buy 1 lot only.

Pivot Point with Money Management Strategy