Useful Script to plot entry/exit points and gain/loss expressed in points (yellow number)
Attached File(s)
BETTER_YZGraphOnLine.ex4
23 KB
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248 downloads
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DislikedPerhaps this chart of the EUR/USD may serve of some use. Yes, there is a target at 1.1678 BUT right now this pair is in breakout..into year end and trust me on this please...Fading end of year breakouts can be a brutal exercise for even the most practised risk manager. Although the chart I've attached does not adhere exactly to the method shared by the OP, Davit - It does serve as my own analysis of why I'll be selling this pair....but not quite yet. EUR/USD in breakout It hasn't even had a pullback to form a swing low Moves up in consolidation...Ignored
DislikedAlso building positions on NC. Was originally thinking riding the S38 up to R38. Now that she dipped to the S61 not sure yet. Still very newbie to the idea. {image}Ignored
Disliked{quote} Watching this as it reacts to pivot. Will close if it rejects. {image}Ignored
Disliked{quote} Watching this as it reacts to pivot. Will close if it rejects. {image}Ignored
DislikedDavit ,,, Well Done !!! on the whole thread, discipline to put up with ************** etc etc altho I don't follow you like little puppy (after being at it for a few yrs) your knowledge passed on in a clear and concise manner has trans formed my trading ... I thank you .. today has been just one of many since I startd using your pivot trading {image}Ignored
Disliked@Davit - Unfortunately I was asleep when you called the AC. I am now working on establishing a routine so I can trade without going from chart to chart all the time. I plan on watching 3-4 commodity pairs as suggested because they are usually ranging. And watch for the upcoming news for the week / day. And I'll try to trade the extreme only. It is difficult to switch from my scalping mentality but I feel it's the only way I will finally make it. BTW - I took several good trades because of your work and I can see a good future now.Ignored
DislikedTook stab at this monster EC 6 positions way overbought or that's just understatement.When this collapses it will be quick {image}Ignored
Dislikedhi davit i dont post often, but this is proof to anyone still skeptical about using your pivots. all this on a live a.c for a dear friend, turned 200 usd to 1700 in 15 days . LOL i just add 200 ema to it for my reference, to take the trades have a good day . God Bless {image} {image}Ignored
Disliked{quote} Hi Nisha that's very impressive results. Over 600trades in 1 month.Wow That's huge.Whatever works Key is as your account grows you should take less risk not more.Most people psychologically can lose 200 and not be terribly bothered with but 1k 2k 5k it starts effecting how you think and act. Just keep that in mind my friend.Ignored