- Search Crypto Craft
-
Olaha replied Aug 22, 2007Yes you can do that, as long the price doesn't retrace back at pivot level. You can take again at R1 but just becareful bcoz sometimes the price can reverse crazy. Sometimes that happen. Take note of this. It's happen to me a few times. Some can be ...
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007ok...your are welcome.... I am happy to share my knowledge to see more people success in trading. Pls share this system to your close family and friends for good. God Bless you.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007I have to go now..... enough trade for now... See you all again tmrw.. Good day for everybody and Good Luck!
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007I am using Oanda. I use chart that provided by Oanda. By using my system, you don't need to use complicated charting system. Bcoz my system base on price. Try to use simple chart. Less confusion and easy to trade.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007yes... i like to use 1 minutes to see more clear retracement. Once I see the signal... I change my chart to 1 minutes or 30 second.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007Congratulation! — Anybody manage to take 36 pips. I manage to close 2 lots; 20/16
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007In this case is different... this is the news release. Is not advisable to take this trade for those new to trading. I like to use 30 second and 1 minute chart to see the retracement during the news release. The price also retrace above the pivot ...
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007You are correct... Actual was after retracement just now. I hope you can see the retracement happen few minutes ago. Remember this is good trade. For your all information, The pivot for Daily and 4 hrs is can be use during news release.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007the price is different bcoz of the spread. Every broker give a different spread.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007bcoz that is the sign price is weak.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007why you have to wait for testing again... look at 3 hours ago... the price already tested. we can enter at R1 aready. Take first lot at 1.9881, second at 1.9897 ( correct)
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007bcoz the price already break the pivot 1.9841
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007this is good trade. Look for 15 minutes chart. 4 hr PP
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007That is possible trade but risky.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007I try avoid US Session bcoz a lot of news release that time. I try to avoid make mistake and emotion trade.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007If you want to use daily pivot... look for 3 hrs and 1 hr chart. Normally.. I use daily for active market... esp like NFP or major news. because this news release give a big range.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007Seems... the price is everywhere.... i might stop from now.. I don't see any trend at this moment. For long term... still bullish. May be tmrw then we can see the clear bullish.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007I just trade GBP/USD only. Most of the time I trade once. If the market active, I trade max 2 times. Try to focus 1 pair and don't over trade.
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007Let the price touch S1 first and see where the retracement happen. make sure the retracement below 1.9841
Pivot Point with Money Management Strategy
-
Olaha replied Aug 22, 2007If the range is 37.. I will take target 1 = 20 target 2=17 I think.. you are good now...
Pivot Point with Money Management Strategy