Daily pivot bounce - Page 3
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Thread: Daily pivot bounce

  1. #21
    Seems like this unexpected Greece news triggered an early sell-off. No time to respond to this one I was being safe and waiting until the pull-back candle shut. . .expect the exact same candle went south very quickly in time together with all the Greece news. Not the Bank Holiday assisted . I get the thought and timing of this egy. . .very exciting.

  2. #22
    Quote Originally Posted by ;
    quote Have you noticed the Pin Bars and Dual Bar Highs/Lower Closes on These trades near or on Pivot -you see Comparable in the First posts of James16. Worth keeping an eye on imho of course.
    Well seen. Thanks.

  3. #23
    Great morning daily pivot traders. Here is the EUR/USD 30M chart at 06:28 this morning Monday 20th July. It shows a great pattern . Let's wait for a retracement to (or very near) the pivot.


  4. #24
    Quote Originally Posted by ;
    Good morning daily pivot traders. Here's the EUR/USD 30M chart at 06:28 this morning Monday 20th July. It shows a great pattern with good possibility. Let's wait for a retracement to (or very close ) the pivot. image
    Good morning, yes its looking good,, but I have to go to work today, I will need to work out a means of placing a suitable pending trade.

    Thank you for your efforts and dediion, hope the pips come to you now. .

  5. #25
    Quote Originally Posted by ;
    quote Good morning, yes its looking great,, but I must head to work today, I will need to work out a method of placing a suitable pending trade. Thank you for your efforts and dediion, expect the pips now, come to you. .
    You could place a sell stop order only below or about the pivot.

  6. #26
    . . .which would have worked well today. Thank you for sharing, egy!

  7. #27
    Quote Originally Posted by ;
    .. .which could have functioned today. Thank you for sharing, Wonderful egy!
    Setting a market order on the pivot worked today, nevertheless, strength coming back into the Euro averted any pips being produced. Price just moved all day.


  8. #28
    We have a similar set up now as yesterday. Let's see if a order set in the daily pivot produces any results now.


  9. #29
    Oh dear! Price stormed through the pivot now because the Euro moved to the upside. Putting an entry order to the pivot is not a good idea. Oh wellback to the drawing board.

    Perhaps a flexible or reliable egy, especially for those who have to make a trade early, this'Scalping the Euro in the Open' might be a better bet.

    https://www.forexsoutheast.asia/gene...x-trading.html

  10. #30
    Just a proposal,,, however I use the CCI on all my charts and if it crosses over 100 on the 15m or greater, the price is only going one way, there's a thread here which will be the CCI non lag and they only use the one hour and the CCI over 100 or under -100, and it works,

    Today on all of the Eur pairs the CCI functioned as in connected....

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