EURUSD, M15, 2012 Mai 22
PO Short @ 1.2779 (DPV)
PO Short @ 1.2779 (DPV)
Two charts, Two scales, One window 2 replies
The Tube - flexible channel trading 61 replies
the tube no. 3 5 replies
Help ! How To Combine Two Dde From Two Different Brokers? 4 replies
DislikedHi FX Cube,
Looking at your chart i saw that i have a diff. on the Pivots.
I have a Template running on my MT4 which i downloaded from your post here.
How it comes?
Ex. On your chart DPV is today 1.2779, mine is 1.2789.
Any help, suggestion?
Thanks in advance
PIP10TIgnored
There are several different sets of formulas for calculating pivot levels. Various brokers may offer pivots calculated in various different ways. It's a good idea to find out exactly what formulas your broker is using, and whether your broker offers a choice of formula sets.
Some formula sets use the OPEN, along with the HIGH, LOW, and CLOSE, in calculating the pivot. Some have a different way of calculating all of the support and resistance levels. And some include additional support and resistance levels, S4 and R4.
Here are some of the names commonly applied to different sets of pivot formulas: Classic Pivots, Camarilla Pivots, Fibonacci Pivots and Woodie Pivots. In additional to these well-known formula sets, any number of custom variations could be concocted by venturesome traders.
Most brokers and most traders use the Classic pivot point formulas listed below. But, beware of certain websites or brokers who use a slightly different set of formulas and call them "classic pivot point formulas". One such is the website mypivots.com, which uses different formulas for R3, R4, S3 and S4 --- but refers to their formulas as the "classic" pivot point formulas.
Here are the "Classic" pivot point formulas, as used by most brokers and traders:
In addition to these 7 pivot levels, 6 intermediate pivot levels are often calculated: SM1 halfway between P and S1, SM2 halfway between S1 and S2, SM3 halfway between S2 and S3; and RM1 halfway between P and R1, RM2 halfway between R1 and R2, and RM3 halfway between R2 and R3. Don't be confused if you see these intermediate pivot levels labeled differently from the way I have labeled them --- there are no universally accepted labels for these intermediate levels.
_________________________________
_________________________________
_________________________________
_________________________________
DislikedI had very bad results last week with this technique.
my problem was that I was using other pairs and performing some experiments.
from now on I will focus solely on my favorite pair; eurjpy...
regards!Ignored
DislikedEURUSD, H1, 2012 Mai 22
Long @ 1.2658 (mS3), Target @ 1.2734 (DS1)Ignored