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nomask replied Jan 21, 2008well this system obviously is a "use your own eyes" system..dont think any ea would be okay with that
and i think ea works best with indicatorsSimple Candlestick-Pivot Method
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nomask replied Jan 21, 2008i am using eagles breakout indicator with default settings but my time zone is gmt+2 which is same with fxdd...
Simple Candlestick-Pivot Method
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nomask replied Jan 21, 2008hi all...after having quick 50 pips by breakout trade now it seems nice reversal setup might be coming soon in gj....
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008one more perfect example using this method combined breakout system.. look at the chart.. i entered trade when it broke the line and moved my sl to breakeven immediately when it hit 50pips.. and it came back and gave me a breakeven..but it was just ...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008i use eagle's breakout system (in this forum) but with some differences..i dont usually take trades on the very first candle after the breakout boxes(most of the times it gives wrong signal)... and use 50 pips sl and breakeven with 50 pips final ...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008i only trade gbpjpy..i believe the best way of trading is focusing only one pair ...i've been using this method as an additional method to breakout system for a month..just luckily i think i picked out the best month to start

Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008actually i dont like to trade this system during the news since 50 pips sl would not be enough..But i took the latest trade upon a question in the thread to show the entry...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008i put it on the first post named Pivot Points...thx to trendchaser for sending that handy indicator.. settings pivotset=1 (daily) 2 (weekly) 3 (monthly) Daystarthor=i put it 0 (im working on fxdd metatrader so it works for gmt+2
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008i was wondering why price got stuck on 209.50 ish...just realised now,there was a big boy (mothly s3)...anyway nice 100 pips already made..i'll try to keep posting more if another nice setup coming...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008here is the updated screen shot..i locked it in 100 pips since hit +125.. so now i can say january result is 1150 at least...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008i always like to use breakeven at first 50 pips and when i reach 125-130 pips always locked profit in +100..final target is any support ress points..like the latest example that i posted my final target is about 208.80 which is daily s1 and also ...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008thx my friend....here is what i meant on the previous post...you'll see how i took the trade...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008personally i use daily pivot points (after this thread started looking over weekly pivots but not started trading on it yet)... but in this example candle color was still in buy and was not around any daily ress or supp lines
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008yes i was just watching over it..but i'd like to see spinning star (or any other nice reversal candle) in different color from the previous candle and forming around pivot points (at least touching)...although in your chart its around weekly pivot ...
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008and i'll try to keep posting trades in real time if there is a candlestick-pivot points setup coming up..
Simple Candlestick-Pivot Method
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nomask replied Jan 18, 2008thx for everyone who's contributing on this thread... couple answers.. my pivot indicator plots between 00:00 (start) and 00:00 (end) (times are gmt+2 also same with fxdd metatrader time) how i am doing this method is that during the weekdays i get ...
Simple Candlestick-Pivot Method
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nomask replied Jan 17, 2008sure i can...btw i"m working too..sometimes i use breakout method (eagle's breakout method..i only use pending orders for it) but when there is a nice reversal setup forming around the support and res points i just start watching the new ...
Simple Candlestick-Pivot Method
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nomask replied Jan 17, 2008yeah seems it"ll hit your predicted level..always nice to see winning trades

Simple Candlestick-Pivot Method
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nomask replied Jan 17, 2008hi pendennis..after you mentioned about trading on weekly and monthly pivot points now i started thinking why not..i'll take a look at it..thx...
Simple Candlestick-Pivot Method