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Axitrader US: Anyone using them or know about them? 2 replies
Mystic's "If You Can't Dazzle Them with Brilliance, Then Baffle them with Bullshit" 8 replies
One for all. All for one. 6 replies
Fastbrokersfx - anyone know them / have any experiences with them? 8 replies
MT4 Brokers: List them all 2 replies
Disliked{quote} yes I did ! may explain why when the price was above the open line and then came back to pivot he didn't take buy position? {image}Ignored
Disliked{quote} From 1st post: But even if you are a monkey you know that you cannot just enter blindly BUY/SELL when price is above/below Daily open line. You need some extra confirmation/line/point.... What I use are the daily Pivot points. So we BUY/SELL when price moves away from the Daily pivots and then comes back(retraces) to one of the Daily pivots and it bounces again in the direction of the Daily trend. No offense meant, just .....the word BOUNCES...Ignored
DislikedWanted to share this trading strategy for some time now, so lets do it now. After reading several posts from veteran members Peter Crowns and CrucialPoint I've come to realization that Daily open line is the line to rule them all. We look only for BUY setups if the price is above the Daily open line and SELL if the price is below the Daily open line. But even if you are a monkey you know that you cannot just enter blindly BUY/SELL when price is above/below Daily open line. You need some extra confirmation/line/point.... What I use are the daily...Ignored
Disliked{quote} I am looking at NZDCHF. Price is in up trend on daily. There is a retracement on 1 hour. Rejection on 15 minutes on daily pivot points. I have entered long. TP at next resistance on PP or move to break even. What is the leverage you are using on the account mate? For 15 minutes to be profitable we have to think about this as well.Ignored
Dislikedhi Degolep, thanks for sharing i also use the Daily Open Line as a "line in the sand" (in addition to the weekly and monthly openings) in the same sense as you, however, without intending disturbing the thread, i do not use pivots, instead of these i use % levels (mostly as targets), and HTF structure PA levels i like it, i sign up, regardsIgnored
Disliked{quote} yes I did ! may explain why when the price was above the open line and then came back to pivot he didn't take buy position? {image}Ignored
DislikedDegolep, would you consider a retracement to Daily Open as a possible trade if there is a bounce or you take entries just from Pivots?Ignored
DislikedI use this principle in my trading. I've spent quite a lot of time developing methods based on this idea. As a result, I use the percentage extension from the day's open as a guide for pullback entry and exit levels. For skeptics, I will say that firstly it works, and secondly, say thanks to the author for the hint, he is not obliged to prove or convince you anything, as well as publish his live deals (account statements) to convince those who have who lacks intelligence to understand and appreciate the method. Before you enter a trade, you should...Ignored
Disliked{quote} Would you mind telling how you trade, how you enter? Thank you.Ignored