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.
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.
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
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
Reply
exploration
+102 pips GBP/CHF hit R2 at 1.5328 from P line It was a turn around at P line to R2
Reply
exploration
Price action has hit P line at 1.5226 and is heading towards S1
Reply
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.
Reply