Forex: EUR/JPY, short term outlook Currently the pair is situated in the neutral bias (which represents the zone between the two pivots) so the price, theoretically have chance to devellop in any direction - up or down. Upside scenario If the price ...

Trading using two pivots

The pair has risen and hit the 25.1 pips target. image

Trading using two pivots

Forex: EUR/USD, short term outlook On the Euro, all depends, for starters, if the price will remain in the upside bias, closing over the 1.3819 pivot. Currently the candle it's a little bellow that pivot, but will see how it plays. Secondly, if the ...

Trading using two pivots

And here comes the first analysis and trade, given by the poll you've just submitted. GBP/USD, short term analysis and trade setup (h4 time frame chart) The pair struggled to stay over the 1.6700 pivot level in an apparent chaotic sideways movement ...

Trading using two pivots

Hy fellows, if you have preferences regarding the financial instruments to be analyzed on this topic please fill the poll from the first page of this topic. Have a nice day!

Trading using two pivots

The good entry and the patience produces good results on this pair, 337.8 pips, after a painfull developing of the price. Innitially the price almost hit the target and reversed to almost zero profit in a apparent three-wave correction, then finally ...

Trading using two pivots

The trade took the stop-loss and lost 92.5 pips after sky-rocketing. We had a little bit of bad luck by moving the initial stop-loss because the 3-4 pips lower could be generated about 400 pips on profit. image

Trading using two pivots

The sole purpose of the indicator is to help the trader see the zones (not to construct them automatically), the two pivots are drawn manually and the zones takes shape immediatelly. But to understant better, start reading the topic from the ...

Trading using two pivots

Forex: AUD/CAD, trade briefing (4h time frame) The pair has risen slightly since the last market analysis. The reason for this intervention is that the pair's configuration has been changed few days ago, the fact that the price has developed a valid ...

Trading using two pivots

Forex: AUD/CAD, trade briefing (4h time frame) The pair struggled to go upside but, finally, after numerous attempts, the price broke the last resistance (the magenta rectangle). As you could see, the price was already situated for some time in the ...

Trading using two pivots

Chapter 2 (the missing piece) Planning and execution To be honest, the execution of this trading style was always a big problem. Because I used to enter short or long whenever the price came into one bias zone or another without any other ...

Trading using two pivots

Forex: AUD/USD, trade briefing (4h time frame) As I've mentioned in the last post, the market condition has been changed so the pivots. Last night, the short transaction, which I've changed the parameters (s/l and t/p) took a 24 pips loss on ...

Trading using two pivots

Forex: AUD/USD, trade briefing (4h time frame) Given the fact that the pivot's configuration was changed significantly, now I moved the S/L on the level where is positioned the pivot which separates the neutral bias from downside bias, on 0.8836 ...

Trading using two pivots

Forex: AUD/CAD, short term outlook (4h time frame) Upside potential Apparently, the pair moved up and down as wanted but if you take a look closer the things are very clearly. The price entered in the upside bias first time on 10th January 2014 and ...

Trading using two pivots

Forex: GBP/JPY, trade briefing (4h time frame) The pair have produced another unsustainable break-out, after positioning itself over the 169.68 (upside bias) and had confirmed by placing itself over the mini-resistance (yellow rectangle). The loss ...

Trading using two pivots

Forex: GBP/JPY, trade briefing (4h time frame) The price has continued to develop and soon after the last trade made a new setup. The price is positioned over the 169.68 pivot and closed over the new-formed the mini-resistance area (drawn in gold) ...

Trading using two pivots

Forex: GBP/JPY, trade briefing (4h time frame) Even if the pair confirmed it's entry by closing over the mini-resistance area (drawn with a yellow rectangle), after positioning over the 169.68 pivot - the trade did not resist and took a 267.1 pips ...

Trading using two pivots

Forex: GBP/USD, trade briefing (4h time frame) The waiting on this trade was finally fructified, after almost 13 days with ups and downs. The trade which I took was based on the two important complementary factors: 1. The price was situated in an ...

Trading using two pivots

Forex: AUD/USD, trade briefing (4h time frame) The pair remained in a downside bias, by being situated under the 0.9160 pivot level. After apparently chaotic swings, the price has continued to go even further down. I've expected the break under the ...

Trading using two pivots

Forex: USD/CAD, trade briefing (weekly time frame) The trade was confirmed by price, by closing above 1.0674 pivot level and the close above the yellow rectangle area, which was a very tricky resistance area, as you can easily see in the past. That ...

Trading using two pivots