Pivot Point with Money Management Strategy | Page 21 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Alternative Trade Management/Money Management Methods 3 replies

Money Management / Risk Management 24 replies

Pivot Point with Money Management Strategy 1 reply

Pivot point reference point? 7 replies

Attachments: Pivot Point with Money Management Strategy
Exit Attachments

Pivot Point with Money Management Strategy

  • #401
  • Sep 11, 2007 6:12am Sep 11, 2007 6:12am
i got it.thx
i need set up it
  • #402
  • Sep 11, 2007 6:14am Sep 11, 2007 6:14am
I have to go....
Chat with u tmrw..


Quoting leo221
i got it.thx
i need set up it
  • #403
  • Sep 12, 2007 5:19am Sep 12, 2007 5:19am
hi s-deuce
did you get this one 337--357
  • #404
  • Sep 12, 2007 1:22pm Sep 12, 2007 1:22pm
Quoting leo221
hi s-deuce
did you get this one 337--357
No I didn't. I had to leave early today.
  • #405
  • Sep 13, 2007 4:00am Sep 13, 2007 4:00am
Seems...no trade for now...the range at this moment is small...
We have to find out the next Pivot level....at next hr 9gmt

Wait and see..
  • #406
  • Sep 13, 2007 4:06am Sep 13, 2007 4:06am
Quoting Olaha
Seems...no trade for now...the range at this moment is small...
We have to find out the next Pivot level....at next hr 9gmt

Wait and see..
Been waiting since london open =) patience is key
  • #407
  • Sep 13, 2007 4:32am Sep 13, 2007 4:32am
Olaha - did you take trade at S1? 2.0253
  • #408
  • Sep 13, 2007 4:50am Sep 13, 2007 4:50am
no...bcoz small range..
I just focus on big range around 30-50.
Small range is very risky.


Quoting S-Deuce
Olaha - did you take trade at S1? 2.0253
  • #409
  • Sep 13, 2007 4:51am Sep 13, 2007 4:51am
I like that..."patience is the key of.... success"

Be discipline and control...


Quoting S-Deuce
Been waiting since london open =) patience is key
  • #410
  • Sep 13, 2007 5:07am Sep 13, 2007 5:07am
Big range now =)
  • #411
  • Sep 13, 2007 5:18am Sep 13, 2007 5:18am
yes can go for 4 hr range.. r1 to r3



Quoting S-Deuce
Big range now =)
  • #412
  • Sep 13, 2007 5:21am Sep 13, 2007 5:21am
Quoting Olaha
yes can go for 4 hr range.. r1 to r3
price has to hit S1, then retrace, then we enter once it hits S1 again?
  • #413
  • Sep 13, 2007 5:39am Sep 13, 2007 5:39am
Just wait and see...either one... s1 or r1

For what I see...may be bullish as next....

I don't trade NY session.

So...Good Luck!


Quoting S-Deuce
price has to hit S1, then retrace, then we enter once it hits S1 again?
  • #414
  • Sep 14, 2007 3:10am Sep 14, 2007 3:10am
Olaha - 4 hour pivots are the same as 7:00gmt, did you enter short?
  • #415
  • Sep 14, 2007 3:12am Sep 14, 2007 3:12am
Yes



Quoting S-Deuce
Olaha - 4 hour pivots are the same as 7:00gmt, did you enter short?
  • #416
  • Sep 14, 2007 3:26am Sep 14, 2007 3:26am
I just manage to take at 177.
Close 1/2 at 157... than stop out at 167..
Just enough for the day 30 pips..

I hope Leo get the same.



Quoting Olaha
Yes
  • #417
  • Sep 14, 2007 3:42am Sep 14, 2007 3:42am
Quoting Olaha
I just manage to take at 177.
Close 1/2 at 157... than stop out at 167..
Just enough for the day 30 pips..

I hope Leo get the same.
Olaha, why you take that trade? If range was only 24 pips? 2.0177 - 2.0153? Thought you said you only trade if range is from 30-50??
  • #418
  • Sep 14, 2007 3:48am Sep 14, 2007 3:48am
I calculate the range for 4 hrs.
I enter at 1 hr S1
My target at 4 hrs s3 but the price reject at 1 hr S3.
So.. I close at 167



Quoting S-Deuce
Olaha, why you take that trade? If range was only 24 pips? 2.0177 - 2.0153? Thought you said you only trade if range is from 30-50??
  • #419
  • Sep 14, 2007 8:30pm Sep 14, 2007 8:30pm
Olaha and Leo - Sorry about just leaving the chat earlier. I got disconnected from my internet and it didn't come back on for a while. Anyways I will be gone til Tuesday. Talk to you guys then.
  • #420
  • Sep 18, 2007 4:32am Sep 18, 2007 4:32am
Hello Olaha,

thanks for explaining your strategy.

I have a question about when to enter

"If the price above the PP level Daily, 4 hrs, hourly, we can enter at R1 hourly PP."

I understand, that the price must be greater than the 3 pp levels and in this case I go long.

Is that correct ?
0 traders viewing now