Thanks for the info Antra, I look forward to hearing about the RSI's

RSI Daily Pivot Point System

Haha, I've got my fingers crossed It seems as though 50% of cable traders are gonna be a bit bummed when they find out they guessed wrong, as NOBODY knows where it's going

RSI Daily Pivot Point System

Yes, some might say that Honestly though, when you have been staring at pivot points for 2 weeks straight, some things just seem to make sense intuitively. The "gut" feeling you might say

RSI Daily Pivot Point System

Interesting chart! Good luck to everyone

Daily Cable Analysis

Ahhh you make a good point.. I guess you could say that I'm betting that an outside bar won't occur. By this I mean, that if it makes a lower low, then it more than likely won't make a higher high.. Adding a bit more risk... Typically, I will check ...

RSI Daily Pivot Point System

Well Ken, We've found that we all get different #'s with different brokers.. I use OANDA, and they are telling me that January 9th produced a high of 1.9456, so I'm using the low of 1.9342 plus some as a # to get in.. Here's a picture for you: I ...

RSI Daily Pivot Point System

stop loss will be 100 pips, and I don't use tp's, just a sudo-trailing stop Yes, I usually just add the spread to a recent minimum or maximum on daily, and that's my target. I also use RSI to tell me if it's a good time to buy or sell. You can read ...

Daily Cable Analysis

Indeed I am Ken, indeed I am

Cable Update (GBPUSD)

Short order @ 1.9334 placed, If hit tomorrow I'm in it to win it

Cable Update (GBPUSD)

Short order @ 1.9334 placed, If hit tomorrow I'm in it to win it

Daily Cable Analysis

Very good questions fjfx, Although JAN 5th could have been my stoploss and it would have been better, according to my system, Jan 7th had a lower low. This indicates that IT has to be the next pivot point; therefore i was looking to sell at IT'S ...

RSI Daily Pivot Point System

Good analogy there Ken, and I hope your trade works out

RSI Daily Pivot Point System

Hey guys, Longer term, I think I'm going short when and IF the price hits 1.9342 tomorrow. Good luck to all

Daily Cable Analysis

It has just occurred to me why, you are in this trade and I am not! The answer is that I do not include Sundays in my data, and I believe that is where your low pivot has happened.. Let me know if I am right on this!

RSI Daily Pivot Point System

Alright then Same drill as always, but these are actual trades not hypothetical: Red Lines: Max/Min Yellow Lines: Magic # Purple Lines: Me checking the RSI Down arrows: Sell positions start Up arrows: Buy positions start Red Circles: Stop loss hit ...

RSI Daily Pivot Point System

Alright, this is going to be a long one... Dave, I am currently driving from Indiana to Texas, and was up late last night at a going away party. This being said, I'm not sure if I'm just really tired and out of it, or this question is very wordy! If ...

RSI Daily Pivot Point System

szbear, I am happy to help! Good analysis on the USD/JPY! I actually have just BOUGHT at 119.07! The RSI is looking mighty FANTASTIC, so this is an ideal trade! As USD/JPY is ranging as of late, it might not get the 300 PIP profit we shoot for, but ...

RSI Daily Pivot Point System

With time, this could POTENTIALLY be a good BUY, however as of now, I do not feel as though this is a good trade! I would wait til the RSI is ABOVE 50 FOR SURE and according to YOUR graph, you can see that the RSI is moving very flatly(mainly due to ...

RSI Daily Pivot Point System

Antra, Thanks for your chart there! I would say that if the RSI there is coming from 30, then you will most likely have a BUY coming up as soon as the price hits the HIGH of your pivot! I understand that different brokers have different prices, and ...

RSI Daily Pivot Point System

fjfx, I'm supposing that we have different brokers, but essentially, you have the fundamentals of my system to a T! The recent minimum I have for GBP/USD is 1.9248 and the magic # is around 1.945. However, the RSI for one DID NOT go to 30, so it ...

RSI Daily Pivot Point System