Disliked{quote} Hi buddy welcome here! Agree I have 4 longs now regards Edit just closed my longs with minor gains on AN Price action is too bearish for my liking.Ignored
All the best Davit and some good trading!
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Disliked{quote} Hi buddy welcome here! Agree I have 4 longs now regards Edit just closed my longs with minor gains on AN Price action is too bearish for my liking.Ignored
DislikedGreed got the best of me today made 170+ pips from GJ and GU trades this morning on multiple entries --- account balance rose to 120USD. but just before new york session pin bars formed on the 15min charts of GJ, GU, and EG at the R61 level and jumped in on all trades with multiple entries, they all hit me baaad Anyways, the markets are still there. Lesson learned, slow but steady you will get there. Sad to say but others should learn, account balance --- 84USD CheersIgnored
DislikedDavit. I can't thank you enough for the sharing of your time and energy. {image} 600ps + and rising. My best day yet!Ignored
Disliked{quote} Sorry for late reply somehow missed your post. I find 5-10pip differentiation of pivots acceptable.They are zones not exact number at least how I trade it. Any Tech will help you see price better but I don't pay attention to TL's in most cases.Reasons are many if price behaved the way it breaks TL then we could be all rich.Well it does not so I threw out of the window long ego. I don't pay attention to 38/68 anymore as long as price action confirms the direction.I don't place hard stops but do monitor and do have a number which I get out....Ignored
Disliked{quote} Thanks for reply Davit. When do you exit a trade, I know you mentioned taking a trade at 15 or 30TF, do you use the same TF for exits? Or look at pin bars and SR rejection as exit signals? Cheers & Keep up the good workIgnored
Disliked{quote} Hi Lee TRy cleaning your chart You don't need MacD to trade pivots in fact recommend not having on the chart.More clatter you have more cloudy your judgment. I prefer regular candles because its important you see candle formations like hummer,spinning top etc. RegardsIgnored
Disliked{quote} OK,how about this,I use MACD to confirm the trend.Not much useful. {image}Ignored
DislikedPivot trading is basically swing trading. We take profits from any swing irregardless of "trend" most here at FF don't understand what trend is. What they think trend most often are swings in range market. 70% forex is in a range.Traders often complain about "choppy markets" but seriously those are most profitable times. Focus on swings and that's when pivots help comes in. I don't care if this thread is not full of people for me that's a plus actually.Ignored
Disliked{quote} Hi Mraam I mainly use swings tops and bottoms as exits and sometimes hang to see if there is more action in same direction. Example my EA trade I should of got out at 61S but held on thinking it may go lower but it didn't and closed at 50% profit. Its a constant struggle to close? or not at least for me. So swings can be anywhere 50pips to 100 depending on pair.Any gains more then 50pips is reasonable profit. regards {image}Ignored