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Intraday Trading using Pivot Point, Support & Resistance

  • #81
  • Jul 26, 2021 11:11am Jul 26, 2021 11:11am
Quoting anthon25
one pair GBPJPY {image}
GBPJPY: Failed to cross pivot in transit to M3 TP but sell from M2 to S1...thats cool - just 1 pair

What configuration on lot sizes? How much % on acct?

Buy/Sell stop orders only
  • #82
  • Jul 26, 2021 12:07pm Jul 26, 2021 12:07pm
Quoting anthon25
one pair GBPJPY {image}
Stop orders only on GBPJPY or or both Stop and Limit?
  • #83
  • Jul 26, 2021 12:11pm Jul 26, 2021 12:11pm
Each day I will post GBPJPY framework analysis,since its one currency pair
  • #84
  • Edited 1:24pm Jul 26, 2021 12:43pm | Edited 1:24pm
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The structure subject to change later :-) I will up date at asian session
  • #85
  • Jul 26, 2021 10:25pm Jul 26, 2021 10:25pm
M3 to Pivot - Pivot to M2/Pivot back to M3, possible move



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  • #86
  • Edited 12:41am Jul 27, 2021 12:09am | Edited 12:41am
Quoting scsstnt
{quote} Stop orders only on GBPJPY or or both Stop and Limit?
Both Stop and Limit

only two accounts :

1. Stop
&
2. Limit

3rd acc whic is Stop and Limit is deleted, I found lack due to more than 1 windows with similar EA
I am completely a lazy Trader & Pennies Rebate Hunter
  • #87
  • Jul 27, 2021 12:59am Jul 27, 2021 12:59am
Quoting anthon25
{quote} Both Stop and Limit only two accounts : 1. Stop & 2. Limit 3rd acc whic is Stop and Limit is deleted, I found lack due to more than 1 windows with similar EA
I noticed with stop order EAs,there is a gap in which price can consolidate if it has too,during the trading sessions.For example from M3 to R1 trading range,and Pivot to M2,so here the gap is between M3 and pivot.

During US/UK overlap stop orders will trade good effective as breakouts may happen.
  • #88
  • Jul 27, 2021 2:07am Jul 27, 2021 2:07am
Important that sell limit order is missing lol ,during asian session price could activated M3 and fall which I predicted could happen and it just did :-)


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  • #89
  • Jul 27, 2021 2:17am Jul 27, 2021 2:17am
Add GBPUSD and GBPJPY to your list,those two are good for correlation movement 2X profit, 2X loss as well
  • #90
  • Jul 27, 2021 2:22am Jul 27, 2021 2:22am
Index with cent account 100,000 fixed lot 0.1 as minimum order
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #91
  • Jul 27, 2021 2:37am Jul 27, 2021 2:37am
GBPUSD Target expected soon USD is strong,JPY is also strong and gold is playing stop hunt game of catch and rescue lol

Limit account would have 2 winners already from sell pressure at Asian session till now and stop orders in London take over the job.....total 4 winners, US/UK session Bonus if required.
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  • #92
  • Jul 27, 2021 2:45am Jul 27, 2021 2:45am
Restarting EA to see multiply work or not.
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #93
  • Jul 27, 2021 2:47am Jul 27, 2021 2:47am
Confirm Sell on last Support
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #94
  • Jul 27, 2021 2:59am Jul 27, 2021 2:59am
Multiply work.

Buy entered market
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #95
  • Jul 27, 2021 3:01am Jul 27, 2021 3:01am
Target Buy confirmed. Closed
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #96
  • Jul 27, 2021 3:05am Jul 27, 2021 3:05am
DE30 --- Expecting price to remind around the zones but stay short with retest maybe consolidate and drop

Was that 211 pts?????? ADR 103.3%
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  • #97
  • Jul 27, 2021 6:50am Jul 27, 2021 6:50am
Quoting anthon25
Target Buy confirmed. Closed {image}
Hello Anthon25,
Thank you for sharing your strategy and EA.
A couple questions if you have a few minutes to answer:
1. What are your EA settings for the indexes US30 and DE30?
2. What is the first variable "Offset" in the EA? What is its function?

Thanks again.
All the best,
NW
Perfidious Pips
  • #98
  • Jul 27, 2021 8:32am Jul 27, 2021 8:32am
Quoting northwind
{quote} Hello Anthon25, Thank you for sharing your strategy and EA. A couple questions if you have a few minutes to answer: 1. What are your EA settings for the indexes US30 and DE30? 2. What is the first variable "Offset" in the EA? What is its function? Thanks again. All the best, NW

Thank you for sharing indices trading.

For US30 it cannot work on my broker, DE30 and UK100 its ok
1. Setting as default
2. Offset; i use it as spread, especially on Buy order. I saw on indices its no need to put high offset, Sell order as it is value.
I am completely a lazy Trader & Pennies Rebate Hunter
  • #99
  • Jul 27, 2021 9:09am Jul 27, 2021 9:09am
Quoting anthon25
{quote} Thank you for sharing indices trading. For US30 it cannot work on my broker, DE30 and UK100 its ok 1. Setting as default 2. Offset; i use it as spread, especially on Buy order. I saw on indices its no need to put high offset, Sell order as it is value.
EA is not taking trades (missing some really good ones) so I want to make sure my settings are correct for the larger priced indexes.
So the offset is the nominal spread value for each instrument.
Thank you.

NW
Perfidious Pips
  • #100
  • Jul 27, 2021 9:39am Jul 27, 2021 9:39am
How long can one contain this beast in a cage

EA does now open any trades
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