Currently the price already break the pivot level at hourly. For short term the price became weak or reverse. If the price want to reverse... let the price test the S1 first. Lets wait and see. If this doesn't happen for the next hour... I close my ...

Pivot Point with Money Management Strategy

No...we have to follow the new target only. Let say you already entered buy at R1. The next hr.. the PP change than you just need to update you take profit level to the new figure. If you happy with the earlier target than leave it. But the SL you ...

Pivot Point with Money Management Strategy

We must wait until the price test the R1 and retrace. When the price back to R1 than we enter if the retracement is above the pivot.

Pivot Point with Money Management Strategy

Look for this new PP at hourly. from r1 to r3 is about 37.

Pivot Point with Money Management Strategy

Yes...9 pips can be a lot of money if you buy 1 million. If your trade 10 pips everyday with 1 million also enough for the day. That whats banks did it!

Pivot Point with Money Management Strategy

Yes that is correct... good example but look back at the figure. Enter at 1.9840 and exit at 1.9849... just about 9 pips. That is not worth to take. This is westing time to trade. Try look for a big move, about 20 to 40 pips. Sometimes even 1 hr ...

Pivot Point with Money Management Strategy

In this case now... we can't do anything. We have to wait for new value. May be we have to take the next hour value. In case the price break 1.9855 we can place our take profit level up to 1.9900 at R1 Daily (If the break happen before the next ...

Pivot Point with Money Management Strategy

I think... you can be a good student. You understand the system now. You just need to learn to be a discipline student.. to follow the rule and be master on the money management. If the value change.... we have to change our order also. It could be ...

Pivot Point with Money Management Strategy

Yes.. I will be on this thread today. I will try to help as much I can. Just ask question.

Pivot Point with Money Management Strategy

Look at this example for early today. This is good trade.

Pivot Point with Money Management Strategy

I have to go now... I don't want to trade anymore. I will take another trade tmrw. Any question... I will answer by tmrw. Good Luck!

Pivot Point with Money Management Strategy

If I trade 4 hrs pivot... I use 15 minutes chart TF.(Stoch 5,3,3 and EMA 5) If I trade hourly pivot... I use 1 minutes chart TF. (Stoch 5,3,3 only)

Pivot Point with Money Management Strategy

Yes... that is correct... remember the money management is important. Money management make the different in your trading strategy towards success.

Pivot Point with Money Management Strategy

Bearish — May be now.. we look for bearish. Follow-up the hourly pivot; Let the price test at S1 - 1.9797 Make sure the retracement below 1.9822. Take profit up to R3 1.9722

Pivot Point with Money Management Strategy

As I say earlier... let the price test the price at R1 first. Then see the retracement... make sure the retracement doesn't came back at the Pivot point. Currently the pivot is 1.9814. Currently the price already hit the Pivot level. Means...the ...

Pivot Point with Money Management Strategy

In my chart already reach that price. So just wait the price break at R1. Look at my attachment.

Pivot Point with Money Management Strategy

In this case... the price still move in the range. I'm waiting for the 4 hrs pivot. This may give a big move soon if the price remain above 1.9814. The price already tested at R1 - 1.9868. So if the price remain above 1.9814, just wait for the break ...

Pivot Point with Money Management Strategy

If you are daily trader, you can wait 4 to 8 hours trading... you can take 4 hrs pivot. If you are short term, just few hours trader like 1 to 2 hrs trader than use 1 hr pivot

Pivot Point with Money Management Strategy

Go to this link to get the Pivot Point summary; url This link refresh every hour. So just follow-up hourly.

Pivot Point with Money Management Strategy

Look at the PP level attach than you understand. Enter at R1 and close at R3.

Pivot Point with Money Management Strategy