okay. I thought you were trading to the actual pivot point. You can stick your stop past the pivot point which will be support or resistance. 15-20 points etc. just once it's sufficient but that's a personal preference. You have to wait for a pivot first to confirm that it was rejected. Also...
Am I right in saying your trading to a pivot point as opposed to from a point where the price pivots and turns? I may be wrong. But i'd wait for confirmation of a rejection of support or resistance that has previously been established and lash a stop below or above them points. It's a good...
EURJPY is trending great 4hr tf Drawn the trend line from the highs. I've been trading it for a few days now. I've given up on gold though. ****ing nora!
EURJPY trending nicely on 15 min. i'll re-enter short should their be resistance around 148 on the lower high. Don't have the stones to ride it out so taking quicker profits then I should but i'll get there.
best of luck
same as but it's massively tempting all the same. My chart has 3 bounces of support around 14580 the last one being today.
Quote:
Originally Posted by newyork1
well spotted eltrot. Looks really good. You goin to have a shot at it tomorrow then?
No I don't think so, the required stoploss is...