Excellent advice..chicky, have you started trading again? This is a tough noble profession..noble in the sense it brings big happiness to 5% successful traders !

EURUSD

I feel it is a strong spike..it has bounced from support at 1.4403/08, 3 times. If it breaks 1.4400, then yes we will test daily pivot. I am long though.

EURUSD

Good trade, mate. 1.4493 is next resistance. I am also long from 1.4463 with SL below 1.4400.

EURUSD

I can understand your situation..i am also in same situation trying to see whether forex can make me some money. But it can be boring and stressful. But if someone can make his/her small fortune from forex, then no need to do job....just relax at ...

Forex industry jobs

I took e/u short at 1.4421 after ISM data..i have closed the trade..it didnt went well..very strong US bears in market.

EURUSD

Euro not falling that fast enough..though i expect all rallies to be capped for the US session.

EURUSD

Thats a good target..currently arround your levels

EURUSD

1.44000 level to watch..if it breaks...

EURUSD

Shorted at 1.4421...hope 1.4406 support breaks to target 1.4350

EURUSD

Are forex market closed for tommorow? Till what time fx market is opened today?

EURUSD

Right...i agree..great post. Trading is simple though making money out of it is not.

How my Trading took BIG turn...

1.4375 is my support level which it is trying hard to break.

EURUSD

Great support 1.4375...eventually it has to break

EURUSD

If it breaks 1.4375, then retest psy 1.4350 and then weekly pivot 1.4338

EURUSD

Will retest 1.4375

EURUSD

Thanks Islander. Thats a nice thread.

4 hour pivot points?

Very aggressive trader.

100 to 1000$ in a day regularly Target

I think loosing traders opt for fixed trading in a dynamic market.

Tired of losing money in forex

Superb. I am playing with pivot data and i agree market respect it very much. I am observing daily and 4 hour pivot and market respect daily pivot quite well.

4 hour pivot points?

I am using pivot point data from actionforex. It works quite well. Around 1 hour ago, eur/usd stopped at 1.4351 exactly at S1 and from there bounced back to current 1.4373. I need a way to monetise these movements. You are very right- rigid formula ...

4 hour pivot points?