I got long again as soon as The Brits started buying - also confirmed by PA on my 1 min chart which I'll post later....now closed in the spike up to MR1 pivot / 6250 level.....
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DislikedI got long again as soon as The Brits started buying - also confirmed by PA on my 1 min chart which I'll post later....now closed in the spike up to MR1 pivot / 6250 level.....Ignored
DislikedI see. Why 5pm EST? Back in the days when I had daily pivots on the charts I used to do them from 11pm London time, i.e. midnight CET.
My reason for exit was that it was the bottom of the week before yesterday's drop.Ignored
Disliked5pm EST is 10pm London, so often not a lot of difference.
A couple of summers ago, when I was mainly trading GBPJPY, I followed the posts of The Dove Alliance who exclusively used the DP set to 5pm EST to trade USDJPY.
He had a very high success rate and was a great teacher and I find that cable often respects the pivots and Mid Pivots.......so far since 5pm EST, the low is just under the MS1 level of 6117 and the high at the MR1 level at 6248......Ignored
DislikedInteresting. Is it that your MT4 has midnight at 5pm EST, or do you have an indicator for this that you could post, if it isn't too much of an inconvenience?Ignored
DislikedI use this one....you need to set the DestTimeZone to suite your broker's time.....for GMT that's currently 2
I also have the HighLowOpen set to true, but I use a different Sweet Spots indy....my trading is based on PA around these levels and prior highs / lows - which were usually around prior pivots or Sweet Spots.....Ignored
DislikedI'm taking a coffee break - dont want to over-trade and give back any of those slippery pips....Ignored
DislikedA good morning with pay cheque banked. Four out of five good days this week, and one barely profitable.
Thanks to Islander and okrutny for valuable input. See you all Monday!Ignored
DislikedLikewise your input has provided me with additional ways to view Price Action - thanks and enjoy your weekend. I'll take a look at NY open.....Ignored