well you help out so much, i figure i'll help out on the things that i can.

Pivot Point with Money Management Strategy

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Pivot Point with Money Management Strategy

okay.

Pivot Point with Money Management Strategy

hmm other day you said if price retrace close to pivot, you usually dont enter cuz price isnt strong enough. How come today should be ok?

Pivot Point with Money Management Strategy

Why would we place order at S1, didnt price just hit pivot?

Pivot Point with Money Management Strategy

If price were to retrace to around 2.0060, then hit 2.0064, you enter long?

Pivot Point with Money Management Strategy

Retrace to 2.0071, too much.

Pivot Point with Money Management Strategy

Olaha, say we get new PP and S1/R1 at 7:00GMT, if price has already tested the 7:00gmt S1 BEFORE 7:00GMT - say 6:45GMT - does that count as testing S1? Or do we have to wait for price to hit S1 DURING the pivot point time then wait for retrace then ...

Pivot Point with Money Management Strategy

Olaha, you short @ 2.0051?

Pivot Point with Money Management Strategy

Yeah - Olaha, do you think you could give an explanation of what you look for on the Stochiastic and the EMA?

Pivot Point with Money Management Strategy

Later Olaha.

Pivot Point with Money Management Strategy

Hmm.. you talking about the 9:07 GMT retrace? to a low of 1.9972?

Pivot Point with Money Management Strategy

But if you look at 15m chart for 4 hour pivots, it hit R1, and hasn't retraced yet, so how do you get an enter at R1?

Pivot Point with Money Management Strategy

How do you figure its going for 4 hour R3?

Pivot Point with Money Management Strategy

Pivots just changed, what are you going to do? take profit at R3 - 1.9992? or keep old pivot levels

Pivot Point with Money Management Strategy

First test of S1 happened at 8:36am GMT Retrace happened 8:44am GMT (retrace to 1.9958) Price hit S1 again at 8:45am GMT

Pivot Point with Money Management Strategy

Well that trade woulda met your system wouldn't it? Hit S1, retraced (didn't hit pivot) then hit S1 again (enter short) then it went and hit pivot (stop loss) - wouldnt the pivot be stop loss?

Pivot Point with Money Management Strategy

Olaha, if you entered at S1, did you get stopped out at PP?

Pivot Point with Money Management Strategy

Seeing the retrace now.

Pivot Point with Money Management Strategy

Hourly PP - 1.9966 S1 - 1.9954 Price was already below S1 earlier, and it came back up, went 1 pip from new pivot, if it goes back down to S1, do you enter? Or wait for it to hit S1, then retrace (since new pivot and S1), then hit S1 again and ...

Pivot Point with Money Management Strategy