I am also in this trade going long and my profit will be at the DPP because the trend is still down and I give major respect for those Daily Pivots..
The Dove - Forex Trainer
long eur/jpy, gbp/jpy, usd/jpy 11 replies
.SI4 for GBP/JPY & EUR/JPY 403 replies
eur/usd, eur/jpy, usd/jpy average 0 replies
Does the gbp/jpy eur/jpy follow the DOW? 8 replies
Disliked{quote} That resistance (142.47) was tested by 2 1H candles or 3 30M candles and during that time they kept above the smallest mid support. I guess here is where the trade management comes into place. The discipline to pursuit the 40 pips if and when price is trading as expected.Ignored
DislikedI am also in this trade going long and my profit will be at the DPP because the trend is still down and I give major respect for those Daily Pivots..Ignored
Disliked{quote} I know price action formations are irrelevant but does yesterday's bearish pin bar dancing around the daily 76.4 anything to do with the decision to take profit at DPP?Ignored
DislikedRight now it is bumping against a resistance which is not major and can hit the Pivot but also can and more than likely slide back.Ignored
Disliked{quote} Great! M30 charts are good for managing as I can see. It was terrific observing the same levels, best lesson ever. Thank you Dove!Ignored
DislikedThe reason I took profit was my 1 hour showing a hit on a Paradox and was going to be short with the Pivot and was coming back.Ignored
Disliked{quote} This demonstrates that trading the moment keeps you from being biased. Are you short at resistance or is it time to wait for a new alignment?Ignored
Disliked{quote} The 1 hour is your major trading chart. It is the balance between the lower and upper charts.Ignored