DislikedI use an auto pivot indicator for mt4 which draws the same lines as a pivot calculator would give me and I find it really uncanny how closely they are being followed on GbpUsd at the moment.
I never look for a trade, I have the chart open for the GbpUsd breakout method and stumble upon these set ups... Price bouncing off weekly pivots amd when it breaks through it reaches the next one.
Whether this is going to continue to hold or not is another matter but I'm sufficiently interested to spend some time watching.
My longer term view on...Ignored
Okay, thanks for sharing. So what I gather is that you may start using pivots as an indicator to trade with in the future, yes?
And congrats on your continuing development as a trader! Your posts do exhibit a more individualized confidence and willingness to explore new possibilities/probabilities, from what I can tell. That's nice to be around, as long as I've been doing this, so thanks. And I've been here long enough to see you're also like a wild party animal, so what can I say As for me, I went off once already, though I'm like a jaded Zen master with an attitude
Anyway, I look forward to whatever insights and perspectives you're willing to share, which particularly interest me about the Yen crosses - if you gots more
Otherwise I've been taking on a lot more currency pairs since I joined this thread and began posting. Trying to keep up with everybody to a degree but again, I gravitate to the Yen pairs, which consistently make sense to me. I've been through many different kinds of trading and indicators, which I've all left for rot, except afew ... I'm sure most others here can relate to that.
Whereas the group on whole (in this thread) is unlike most others I've been around, in person and online. There's a focus here by Chris that keeps it on a much more sane keel that I greatly appreciate and value. So if I find something on the other 20 pairs or so I'm now tracking along with y'all, I'll do my best to listen, shout-out and offer insight as I would anyway
Not too long ago there were a series of posts that discussed what pair(s) and/or currencies some traders here gravitated to in particular. So if I may, have you noticed that in your own trading, some pair or currency you tend to gravitate towards? If so, which?