On my 1HR I see it as an ascending channel; if so, you may have to adjust your bottom and top upwards.

EURUSD

OK, sorry.

THV system, final edition

Yes I've been watching that one.

EURUSD

Good morning all...all three of you!

EURUSD

A new template is not needed. It is all included in the current template. You probably also want to have a separate chart open to draw your own fib lines and trendlines though.

THV system, final edition

Ignore all the junk on the chart. There is a green curving line in the middle, between two yellow curving lines. I like the idea of how the pivot is changing, is fluid, and is not something that changes suddenly at one moment in time.

THV system, final edition

Good example.

THV system, final edition

You bring up some good points. In fact, that reminds me of a chart Trade-Hedge posted which had something called a "float-pivot" on it: url It looks like the pivot is recalculated and plotted continuously. I thought that made more sense. Does ...

THV system, final edition

I don't think ak4x is doing that and I only used him as an example of where the trading day is considered to begin and end. I am not trying to nitpick but trying to set my pivots to where they should be. I actually really don't care when the trading ...

THV system, final edition

I am questioning the time basis of calculation, not the type of pivot. ak4x uses 5 pm ET, which would be -2,0 on my charts. It may not make a difference today but "yesterday" (market yesterday) it did, as evidenced by my last posting of our pivot ...

THV system, final edition

Go to cobraforex.com where you can download everything.

THV system, final edition

kinda reminds me of a bollinger squeeze

EURUSD

This has been bugging me for a while (should it?). I am never sure if I am dealing with the right pivots. It creates more hesitation to enter a trade. My understanding is that pivots should be calculated at close of market ET. That then ...

THV system, final edition

Well I have nowhere else to go except my cave.

EURUSD

Looking at your chart I noticed a difference in DP. Yours is 2953, cobra's is 2971, and mine is 2982, which matches actionforex.com. I am assuming the difference is in the settings. I use -2, 0 which seems to get it to match the fib pivots on ...

THV system, final edition

Man, this is slower than the Asian "watching the paint dry" market!

EURUSD

I guess we are doing business then - I bought at 2908 and sold at 2914...scalp!

EURUSD

Do you mean...today?

EURUSD

I recommend that you do read a book or two, at least to get the feeling if trading is even right for you. And you should finish any books you read before beginning to trade live . I traded demo while reading books and they helped me recognize ...

EURUSD