Stopped out and short again @ 1.1252 based on daily Pivot. I will spread the extra 20pips risk the next 4 trading days. My first entry was too early as i planed to short @ 48 but i thought EURUSD was starting the bear move without retesting daily ...

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. Daily Pivot doing its job for now. A 1hr candle close above daily pivot is bad for shorts

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Entered too early i guess . With 20pips stops entries have to be accurate. Not an easy task

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I am in at 1.1235 expecting 1.1248 daily pivot to protect my trade. Also we should head to fridays low and mondays open attempting to break lower towards daily S1. If i am stopped out -20pips I'm done for the day

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Our daily pivots are kind of close to each other. this means EURUSD will have a hard time trending today. I expect today to have a small daily range unlike the past 4 trading days.

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GoodMorning all, 17 minutes to london Open. EURUSD 1.1245 Bearish Bias and in correction mode. We may go down directly on london open or go little higher towards 1.1269 to avoid misplacing on 30mins chart before heading down. Daily Pivot at 1.1248 ...

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Post from 29th march. Touch down, target hit. Done and Dusted I will only be specializing in EURUSD. Strategy will work on all pairs. But one pair is enough headache considering the different tools i use. TZ is not a strategy. its just a different ...

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sorry Had to come back. i love to watch when mis-pricing is corrected. 4 pips to 30minutes mis-price correction. The misplacing has been on from 29th of March. over 3weeks

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Have a great weekend. See you monday. i will do my analysis in real time. Posting my thoughts as candles form. May we all make massive pips

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Eliminate the mario dragi whipsaw and look between the black lines from the previous 1hr pivots chart . price action on the way up is similar to price action on the way down.

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Can you see a similarity between the left and the right side? Thats another concept of similarity i learnt from EURUSDD

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I didn't mention the black lines on my chart. these are previous or future daily pivots. they are very powerful

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Hope to do better on monday. check out the 1hr candle close. S1 on my chart is 1.12389 price closed 1.1239. unless we close below 1.12389 i think down may be done for the day until close of daily candle. Price moves from pivots to pivots

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. To bad i exited my short from 1.1284. i was supposed to wait and see if price closed above 1.1285 daily open. but i jumped the gun.I didn't feel comfortable reentering @ 77. i felt late thats trading for you. with a 20pips stop you can't afford to ...

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At this point longs are invalidated. london closes in an 1hr. 1.1239 is daily S1. Watch price action around it especially few minutes to the close of hourly candle. the struggle will be to close on either side

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great contribution Vlad. despite we never continued sharing ideas after the first day. we have come up with similar conclusions.

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can you see the secret i just shared about pivots?. the act is support and resistance. and as vlad shared. the are extremely good entry and exit points

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So long as i quit after my first 20pips loss for the day. i will be fine. that is going to be my most important rule

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The most important aspect of my strategy will be discipline and sound money management. without these a profitable strategy will fail. Taking it one day at a time

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As you can see i am looking at many tools to get a feel of the market and what the dealers are trying to do before its late. Daily charts. overall bias is down. As i learnt on the EURUSDD thread. Its usually a case of If A then not B or if not A ...

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