Hi,
Anyone use a strategy based on pivot points WITH divergance OR candle pattern to confirm entry ?
like : http://www.investopedia.com/articles...ntstrategy.asp
This kind of strategies seems to be efficient if well used.
- Based on fibs used successfully since many years.
- Good TPs on S1 S2 S3 R1 R2 R3.. level, that make sens in a logical approach.
- Easy to identify, can be used on many currencies.
- Only price action because of levels breakout entries.
If you have more informations to bring or experience to share !
THX you Factory
Anyone use a strategy based on pivot points WITH divergance OR candle pattern to confirm entry ?
like : http://www.investopedia.com/articles...ntstrategy.asp
This kind of strategies seems to be efficient if well used.
- Based on fibs used successfully since many years.
- Good TPs on S1 S2 S3 R1 R2 R3.. level, that make sens in a logical approach.
- Easy to identify, can be used on many currencies.
- Only price action because of levels breakout entries.
If you have more informations to bring or experience to share !
THX you Factory