The GPB/CHF looks good for Pivot point High and Low trading. Suggestion: Buy at Pivot point low and sell at pivot point high on the 4 hour and 2 hour time frames. Use the pivot method to watch the S1 and R1 etc. See the videos on how to use the pivot method...its not like throwing darts at a dart board. The pivoit method is easy to use.
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This link has tips on the pivot method and the math on how to calculate the pivot numbers http://www.babypips.com/school/how-to-calculate-pivot-points.html This persons video explains how to use the pivot method in detail http://youtu.be/nvMhj3n01D8 and this person explains in a video Pivot Point Strategy http://youtu.be/0D_O6ZeRRn8 I do accept tips money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support.
I do accept tips money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support.
Please follow my charts at this link by clicking on the follow tab https://www.tradingview.com/u/exploration/#followers Thank You.
This link has tips on the pivot method and the math on how to calculate the pivot numbers http://www.babypips.com/school/how-to-calculate-pivot-points.html This persons video explains how to use the pivot method in detail http://youtu.be/nvMhj3n01D8 and this person explains in a video Pivot Point Strategy http://youtu.be/0D_O6ZeRRn8 I do accept tips money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support.
I do accept tips money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support.
exploration
This is the pivot numbers for GBP/CHF... P is 1.5226 ..R1 is 1.5263....R2 is 1.5328...R3 is 1.5366...S1 is 1.5161...S2 is 1.5123..S3 is 1.5058 I think price will go to R1 and if S1 i am ready.Trading Tip: I trade the morning New York hours with my pivot numbers. If price goes to R1 before the new york time then i have missed placing a active trade and will look to trade another pair that might be available. I watch my trades in the morning hours.
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exploration
Price action has hit P line at 1.5226 and is heading towards S1
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exploration
+102 pips GBP/CHF hit R2 at 1.5328 from P line It was a turn around at P line to R2
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exploration
Its best to stick with breakouts wedges etc instead of pivot point high and low methods ..though this method can make money its more high risk
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