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JPY Pivots and Trends

  • #81
  • Sep 17, 2007 12:25am Sep 17, 2007 12:25am
This is where I watch my 3 minute...... When the green bust the Yellow it is time to take profit.
The Dove - Forex Trainer
  • #82
  • Sep 17, 2007 12:29am Sep 17, 2007 12:29am
Everyone is see what is happening now..... A little bit anyway.
The Dove - Forex Trainer
  • #83
  • Sep 17, 2007 12:29am Sep 17, 2007 12:29am
If it hits 115.85 should we watch for continuation downward towards the weekly pivot?
  • #84
  • Sep 17, 2007 12:30am Sep 17, 2007 12:30am
Happened fast!!
  • #85
  • Sep 17, 2007 12:32am Sep 17, 2007 12:32am
another 15 pips the beuty of scalping, sorry picking sherrys
The Chonchy
  • #86
  • Sep 17, 2007 12:33am Sep 17, 2007 12:33am
Thats why I think I am going to love the UJ. It gets very volitial.. Dove far do you let the green get past the yellow before you take profit?? Just one candle close or what?
  • #87
  • Sep 17, 2007 12:36am Sep 17, 2007 12:36am
Quoting freed14
Thats why I think I am going to love the UJ. It gets very volitial.. Dove far do you let the green get past the yellow before you take profit?? Just one candle close or what?
Like right now it is at the Daily pivot and I will stay with it to the Mid pivot or if a crossing of the green and yellow for the retrace.....
The Dove - Forex Trainer
  • #88
  • Sep 17, 2007 12:40am Sep 17, 2007 12:40am
We got a sharp crossing at the 3 in which I had 25 pips but being so close to the daily pivot I will stay in.
The Dove - Forex Trainer
  • #89
  • Sep 17, 2007 12:40am Sep 17, 2007 12:40am
if the green goes back above the yellow do you get back in?? and chonchy.,.. how do you go about scalping if you dont mind me asking??
  • #90
  • Sep 17, 2007 12:41am Sep 17, 2007 12:41am
Quoting chonchy
another 15 pips the beuty of scalping, sorry picking sherrys
Awesome!
  • #91
  • Sep 17, 2007 12:41am Sep 17, 2007 12:41am
Looks like Weekly Mid-point is going to hold temporarily.

Dove, What's ur opinion on re-entry?

Quoting jasonowl
If this goes thru, watch out for 114.86 (Weekly mid point on Pivot and Central)... just keeping everyone focused..
Chances favour the prepared.
  • #92
  • Sep 17, 2007 12:42am Sep 17, 2007 12:42am
Quoting dove_alliance
This is where I watch my 3 minute...... When the green bust the Yellow it is time to take profit.
do you reverse the trade or just sit back and wait for the next signal on the 10 min?
The Chonchy
  • #93
  • Edited 12:44am Sep 17, 2007 12:43am | Edited 12:44am
that's what I meant re-entry
The Chonchy
  • #94
  • Sep 17, 2007 12:46am Sep 17, 2007 12:46am
I went ahead and took profit for 32 pips because of the turn that is happening on the green which indicates a retrace or sideways move.
The Dove - Forex Trainer
  • #95
  • Sep 17, 2007 12:48am Sep 17, 2007 12:48am
what point did you enter dove? DO you judge entry on the 20? or syncing with the 10?
  • #96
  • Sep 17, 2007 12:48am Sep 17, 2007 12:48am
Quoting jasonowl
Looks like Weekly Mid-point is going to hold temporarily.

Dove, What's ur opinion on re-entry?
I use the 3 minute for re-entry. I wait for the green to cross again.
The Dove - Forex Trainer
  • #97
  • Sep 17, 2007 12:49am Sep 17, 2007 12:49am
Quoting dove_alliance
I went ahead and took profit for 32 pips because of the turn that is happening on the green which indicates a retrace or sideways move.
Dove are you using your 3 minute charts for this indication?? Or some other time chart?
  • #98
  • Sep 17, 2007 12:51am Sep 17, 2007 12:51am
I*n this scenario I didn't have to get out because being so close to the Daily and this being down it will only be matter of time before it continues.
The Dove - Forex Trainer
  • #99
  • Sep 17, 2007 12:52am Sep 17, 2007 12:52am
Quoting Mrpipmaster
Dove are you using your 3 minute charts for this indication?? Or some other time chart?
3 minute chart.
The Dove - Forex Trainer
  • #100
  • Sep 17, 2007 12:54am Sep 17, 2007 12:54am
I'm back in; I should of never go out in the first place.
The Dove - Forex Trainer
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