what is happening in the market?

every day since on Monday seems to me loss all through, and avoiding the rule of pivot point.

Please member should comment on what to do and the best indicator to use at this time.

thanks

The James16 (non) indicator.... plenty of trading oportunity using candle formations.

can u please give me the link
thanks

The best indicator is your brain. Put random horizaontal lines on your charts if you want "pivot points". They will work just the same.

U r plain ignorant or lazy...

http://www.forexfactory.com/showthread.php?t=2331



Sonic

The Dollar has closed out this past week in one of the most uncomfortable technical positions possible. Yet, in this quick change of fortune, we have also found the Greenback on the opposite extreme of the speculative scale. It is heavily oversold with a range of fundamental sources that could theoretically be tapped to support its recovery...should traders want to justify such a turn. At a critical technical boundary, with rising fundamental waves and at what is typically the seasonal turning point for liquidity; there is remarkable potential to be found in this crux of the financial system.

reminds me of this famous quote

1991 - Frank Layden, Utah Jazz president, on a former player:

"I told him, 'Son, what is it with you. Is it ignorance or apathy?'

He said, 'Coach, I don't know and I don't care.' "

No doubt, Pivot Point is very important technical tool! But, it’s not everything actually! For being a successful Forex trader, you have to learn technical and fundamental analysis with details.

As a newcomer I was profitable with pivot point in my demo trading but
when I tried to in live I didn’t the result that was continue in demo.

I have also same experience with Bollinger Bands indicator! I started with the same parameters of my demo, but I struggled in my live account although, my profit ratio was above 70% in my demo account! By the why, now I trade based on news analysis.

The foreign exchange, or forex, market is a virtual trading place where dealers buy and sell currencies. Deals at today's price are called the "spot" market and bets can also be made on forward exchange rates. In all, $5.3 trillion was traded per day on the forex markets. Currency trading started out as a way for businesses and individuals to change money for overseas travel and commerce. This was a real service industry driven by the underlying level of world trade.