rsh01, they are taken from livecharts.co.uk. After years of extensive research these are the preferred source as their data best fits Julie's method.
Two parish notices:
due to family problems I may not be trading much during the next week or so
I am more or less posting on Julie's Facebook...
Hi Honda,
the pivot indicator is one I have written and it is has not been issued for general release as yet.
The RN indicator is attached. Grid Space needs to be set to 250 for EU and 25 for Oil.
Art
Denny,
we use 1 minute. We can do this because we are not looking for doji, shooting starts or other candlestick patterns, just where the highs and lows are. Therefore noise is not a big issue.
Art
What have I said wrong ? I can see the text you have highlighted but as my chart clearly indicates, this was a Lower High under Pivot. So I am confused.
A tale of two trades today.
The first trade at around 9 BST when prices failed to break through Pivot (on my charts), and entered on a subsequent Lower High. Followed price down to 103, but soon after it broke through there was a significant retrace and failed to get back to BRN, closed for +25...
Nothing this morning due to a Doctor’s appointment.
Post 13:30 (BST) I could just feel a sell coming and was not drawn in to what was a valid buy until Price Action failed to reach 105.50 MP. I saw a blip above 105 at 14:48 I could resist my urge to sell no longer and sold at 104.95 at 14:51...
The exit (far right) was more due to Red News and US Session Open being 15 minutes away than HLs. How did I know that this was going to be the bottom? I didn't! However, I was watching the chart very intensily at that point, and where price was moving down easily prior to my exit it appeared to...
Yes the LHs around S1 would have been a better entry, I missed those so took the entry at 106.50.
The exit (far right) was more due to Red News and US Session Open being 15 minutes away than HLs.
Exercised some patience today! I took a Crude Oil sell just before 11 (bst) with Lower Highs under S1 continuing with Lower Highs under 106.50 mid-point. I took my leave just before the Red News at 13:30 (bst) and also because 106 BRN/S2 was likely to be support just prior to US Open. +37 pips...