Disliked{quote} You got the concept wrong Think of the pivot as equilibrium level and swings when breaks WP goes away from WP towards R61-100 or R38 Then could most likely reverse going back towards it WP and if breaks to opposite S38 61-S100 This chart should make it easy to see On EU example it bounced from 100S towards WP but failed to break.Does not always break.Fundamentals technicals etc.Point is it was a solid bounce from S100 over 100Pips !! Its all about the swing! on UJ it went from R61 to S61 to give you the possibilities when it breaks WP {image}...Ignored
- Post #19,342
- Quote
- Jun 1, 2018 12:38pm Jun 1, 2018 12:38pm
- Joined Feb 2012 | Status: Member | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- Post #19,343
- Quote
- Jun 1, 2018 12:48pm Jun 1, 2018 12:48pm
- Joined Feb 2012 | Status: Member | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- Post #19,345
- Quote
- Jun 1, 2018 1:05pm Jun 1, 2018 1:05pm
- | Joined Jan 2008 | Status: Member | 632 Posts
D labour of a fool wearieth him cos he doesn't know how to enta d city
- Post #19,347
- Quote
- Jun 1, 2018 1:07pm Jun 1, 2018 1:07pm
- Joined Dec 2015 | Status: Member | 2,282 Posts
Market is more simple as you think.
- Post #19,351
- Quote
- Edited 2:16pm Jun 1, 2018 1:21pm | Edited 2:16pm
Plan your trade and Trade your plan.
- Post #19,353
- Quote
- Jun 1, 2018 1:47pm Jun 1, 2018 1:47pm
- Joined Mar 2017 | Status: Member | 2,043 Posts
- Post #19,355
- Quote
- Jun 1, 2018 2:47pm Jun 1, 2018 2:47pm
- Joined May 2017 | Status: Member | 2,047 Posts
- Post #19,356
- Quote
- Jun 1, 2018 2:54pm Jun 1, 2018 2:54pm
- | Joined Apr 2018 | Status: Member | 5 Posts
Veni Vidi Vici
- Post #19,358
- Quote
- Jun 1, 2018 11:39pm Jun 1, 2018 11:39pm
- Joined Jan 2010 | Status: Member | 2,021 Posts
- Post #19,359
- Quote
- Jun 2, 2018 12:13am Jun 2, 2018 12:13am
- Joined Jan 2010 | Status: Member | 2,021 Posts
- Post #19,360
- Quote
- Jun 2, 2018 12:55am Jun 2, 2018 12:55am
- Joined Feb 2012 | Status: Member | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time