Pivot Point Case: I have Daily Pivot Points, Fibonacci Style. Watching 30M, 1H, and 5M Charts. This would be for a scalp. TP would be around Pivot Point ("P" Line) or lower if trend strong enough. I just am observing a bear signal around R1, and as far as i can understand, trading Pivot Points properly requires being able to read how bars react around those...
Actually in high timeframes (>=2h) the trend is bullish. In lower timeframes the trend is ambiguous. 1.12163 is a pivot point : If EURUSD price gets over 1.12163 then it may go up to 1.12571. If EURUSD bounces on 1.12163 and go downtrend then it could bounce again on 1.11697 to go uptrend again. I'm neutral on short term. I'd say : for short term investors,...
open short if the price action breakout the daily pivot point ((this is not a trade recommendation it's my view i have no response if you lose))
Hello Goodnight. Tomorrow it seems that we will dawn at a neutral point... prices in between the daily pivot point (PP) level (11804) and weekly PP (11969), the trend could be upward if prices do not go below 11804, which could reach 11119 to 12407 or more, but if they go down of 11804, we could reach between 11516, 11200 and 10869. Tomorrow we should review the...
Hello traders. It seems that we will dawn at a neutral point... prices in between the daily pivot point (PP) level (672) and weekly PP (688), the trend could be upward if prices do not go below 672, which could reach 712 to 754, but if they go down of 672, we could reach between 648, 624 and 608. Tomorrow we should review the progress. Pls don't forget we might...
Bitcoin: BTCUSD Update/levels for longs This trade is in balance, but OK above 6450 The trend is overall positive right now barring super near term test of lower parallel and successful, so far, retest of the key level at 6450 - which looks to be the pivot for day on downside) So If broken at any point and our stop 50 points lower is struck we should look to ...
As of today, ltrym has been trading sideways since July 27th. During this time, clear boundaries and control points of support were formed. Further price movement - when the sideways range is broken, I expect a descent to the pivot point and back into the range - a false exit. We are also now at the lower boundary of the local ascending channel. If we break it,...
Hey there, if you are waiting for buying, this could be an interesting strategy, considering the pivot point (PP), support (S1,S2), and resistances (R1,R2) For the next 2 days, we could have an upward. Let's take a look at these band's results, intraday analysis Target $1023 until $1054, controlling the stop loss at $993 or $962....
Pivot Points And Pivot Bands Use for Demand and Supply Zones Formula (Simple): Pivot point (PP) = (High + Low + Close) / 3 First resistance (R1) = (2 x PP) – Low First support (S1) = (2 x PP) – High Second resistance (R2) = PP + (High – Low) Second support (S2) = PP – (High – Low) Third resistance (R3) = High + 2(PP – Low) Third support (S3) = Low – 2(High – PP)
Pivot point is 1867 - if the price is above the pivot, Long TP 1880-1888, cut loss if the price is below 1867 - if the price is below the pivot, Short TP 1861-1845, cut loss if the price is upper 1867 ***Money management please***
Pivot Point Trading: Next pivot point low for going short is 1.2440 but that trade level has already been hit, earlier today, so look for fib level 1.2358 (s/r S3).
Pivot Point Trading: Next pivot point low for going short is 1.0709
Pivot points, No repaint. History guidance. Two forecast trend lines are likely to happen. Expected zig zags or a quick pump to the SKY.
Pivot points cane use like a stop lines.
PIVOT POINTS DAILY FOREX GBPUSD 10/10/2014
PIVOT POINTS DAILY FOREX EURUSD 10/10/2014
PIVOT POINTS DAILY FOREX USDCAD 10/10/2014