Has anyone tried trading using annual pivots, with daily charts.
I have taken some trades here using the annual pivot trend lines, and would like to have some expert comment on these.
check these trades for me please
GJ 218.52 LONG
USDCAD 0.9270 SHORT
GU 2.0055 LONG
EURUSD 1.4945 LONG
EJ 160.42 LONG
please do not follow these trades unless you know what you are doing.
i did however cross check the trendlines for 2007 using 2006 data and it looked promising, got similar results with previous years also;
So what I need to know is whether this has any good performance benefits for longer term traders.
I have taken some trades here using the annual pivot trend lines, and would like to have some expert comment on these.
check these trades for me please
GJ 218.52 LONG
USDCAD 0.9270 SHORT
GU 2.0055 LONG
EURUSD 1.4945 LONG
EJ 160.42 LONG
please do not follow these trades unless you know what you are doing.
i did however cross check the trendlines for 2007 using 2006 data and it looked promising, got similar results with previous years also;
So what I need to know is whether this has any good performance benefits for longer term traders.