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Olaha replied Aug 21, 2007In this case, If you look at hourly... You could enter buy at R1 - 1.9817 and take profit at 1.9853 The price tested at R1 than retrace at 1.9810. This is the good example for short term trade.
Pivot Point with Money Management Strategy
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Olaha replied Aug 21, 2007The current price, use 5 or 15 minutes chart.
Pivot Point with Money Management Strategy
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Olaha replied Aug 21, 2007Dear Steven, Thank you for your question. Please don't confuse... The answer for your question; To enter the market either buy or sell is depends on the PP level. If the price above the PP level for daily... bullish price below the PP level for ...
Pivot Point with Money Management Strategy
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Olaha replied Aug 21, 2007I am happy to hear that you can follow the system. Normally the price will not follow the range at 4H because the big move happen during the news release. So we have to look for Daily range. During the news release.. esp. during major news, I try to ...
Pivot Point with Money Management Strategy
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Olaha replied Aug 21, 2007I am back! — Hello to all my dear friends, I am back! Sorry to make you all waiting for me. I am really bz to organise my new apartment. A lot of things have to be done. Even now....still not finish yet. I have to do slowly... Ok...how was the ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 31, 2007I have to go now... I will be check again my forum by Friday. So, If you have any question.... I will answer by Friday. Bye... from now..
Pivot Point with Money Management Strategy
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Olaha replied Jul 31, 2007Pepejeans, Nothing happen to me. I am fine.... don't worry.. Actually, I am bz with moving to my new apartment. So, I don't have time to do this forum. I don't have time to trade this 2 weeks also. I have to finish everything on renovation and ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 31, 2007Leo, Always make sure the price retest around R1 or S1 before enter the market. For the save side, use the 4hrs pivot.
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007i am done.... From 2.0537 to 2.0570.... 33 pips - 2 lots.. Now I can go to sleep... Good night and good day everybody...
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007Why so early.... stil can go to 2.0573.. Mine...still running... for the last 1 lot..
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007Leo221, Now EUR testing at 3818, and retrace. If the retracement at above 3805, Enter at cross stochastic (15 minutes chart)
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007My advice.. don't take because the retracement is not clear. I think..now will be sideway already for EUR. The daily PP is 2.0498. The PP broke already on earlier up to 2.0512. That is just for the test off Pivot area. Since the 4 hrs and hourly PP ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007I thought you are not interested to learn my system? For those who are regular to follow-up my system will know. Like Leo221, he's very positive with this system. I don't mind to teach someone has a positive minded on this system.
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007Good Example! — This information may help everybody to see the history for today's trade as a lesson; 7GMT; R1=2.0495 P=2.0487 The price already tested on R1 level =2.0495 7.15GMT; Price retrace at P level. So, No entry 8GMT; R1=2.0495 P ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007Dear Vasyan and everybody, My advice to you... you should use the system that you believe in. Everybody has own style of trading. If you don't comfortable/believe this system.. don't follow. I believe.. the success trader is a person that believe ...
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007Use the alternative... 1 hour PP
Pivot Point with Money Management Strategy
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Olaha replied Jul 20, 2007As what I always mention, the entry at R1 or S1 but I don't enter on the spot... I always remind to wait for retracement to get confirmation. If the price came back to Pivot means no trade. But if the price been to R1/S1 and retrace above the pivot ...
Pivot Point with Money Management Strategy