I've been testing this system for only 3 days...works really great. It certainly helps that I have been trading for 9 years, so using price action for my trading decisions is second nature for me.
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Open Trade near Pivot line (Pivot Point) 14 replies
Weekly Pivot to Pivot Trading 19 replies
The Pivot Net Revisited (Weekly Pivot Net) 41 replies
Help with daily pivot, weekly pivot on MT4 3 replies
Pivot high - Pivot low MT4 3 replies
DislikedI've been testing this system for only 3 days...works really great. It certainly helps that I have been trading for 9 years, so using price action for my trading decisions is second nature for me. {image}Ignored
DislikedI've been testing this system for only 3 days...works really great. It certainly helps that I have been trading for 9 years, so using price action for my trading decisions is second nature for me. {image}Ignored
DislikedKathy Lien of BKForex has added a page she calls the Fundamental Heatmap. It shows her outlook for 8 major currencies based on monetary policy, data, politics and general outlook. https://www.bkforex.com/kathy-heatmap/Ignored
DislikedTime to close this one first thing this coming Monday. +700 pips. This trade is only around 50 pips from first position. But more pips was made because of multiple positions. One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give. {image} Edit: Look at where the price stopped before moving up? Touched the ADR low to the pip.Ignored
DislikedTime to close this one first thing this coming Monday. +700 pips. This trade is only around 50 pips from first position. But more pips was made because of multiple positions. One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give. {image} Edit: Look at where the price stopped before moving up? Touched the ADR low to the pip.Ignored
Disliked{quote} The ADR imo is often overlooked, but i find it extremely powerful with pivots.Ignored
Disliked{quote} Marcnathanan88, well said, and maybe a small but most important thing to remember about trading. Quote:"One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give".Ignored
Disliked{quote} It's because of you that I understand now how powerful ADR. The way you're using it is something I can consider the proper way os using it. I've never actually seen someone like you use it the way you do. I stand to be corrected if I'm wrong. Nevertheless what matters is Im learning something new from you and the others here. Learning just never stops.Ignored
Disliked{quote} It's because of you that I understand now how powerful ADR. The way you're using it is something I can consider the proper way os using it. I've never actually seen someone like you use it the way you do. I stand to be corrected if I'm wrong. Nevertheless what matters is Im learning something new from you and the others here. Learning just never stops.Ignored
Disliked{quote} I had been using them prior to coming across pivots. But it was a bit hit and miss. All we are trading is swing failures/mean reversions. Pivots+ADR brings attention to key locations.Ignored