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My Pivot Point Trading
Started Nov 9, 2009|Trading Journals|5 repliesThis is a system using the daily charts. I will use g/y, g/u & g/chf. I will look for trades ...
3 winning trades today for a total of +43 2010 Total +88
Sell e/u to close below 1.4520. Risk 90 to win 10
Sell u/j to stay below 91.60 by 3pm est. Risk 84 to win 16. Right now trading at about 91.30. Also buy u/cad to stay above 1.0340 risk 83 to win 17.
Buy g/u to close above 1.6080. Risk 80 to win 20 Result +20 2010 Total +45
Buy g/u to close above 1.6080. Risk 80 to win 20
Todays trade stays above 1.6000 for a gain of +15. 2010 Total +25
Buying g/u at 1.5940 risk 85 to win 15. Right now trading at 1.6000
Trade easily closes below 1.6000 for a profit of 10
I will play it safe & sell G/U 1.6000. Risk is 90 to make 10. G/U trading at 1.5930 right now. So as long as g/u don't close above 1.6000 by 3pm est i will be ok. I think this is a safe trade. I know this is not get rich quick trading but it will ...
thanks for the positive words jiva. So here are todays trades. No where to go but up after yesterday. g/u long at 1.6745 TP 1.6810 SL 1.6630 g/j long at 150.35 TP 151.15 SL 149.20 g/chf long at 1.6870 TP 1.6935 SL 1.6780 Be careful today because we ...
Update on the trades. Bad day g/u -130 g/j -140 g/chf +60 Total -210
When the price opens above the pivot go long & vice versa. This is done at 5pm est when the new daily candle opens. No other indicators are used. g/chf made profit today but the other ones are losers. What i have noticed is that if one day all of ...
This is a system using the daily charts. I will use g/y, g/u & g/chf. I will look for trades ...
Todays trades e/u >1.5000 76 to win 24 u/u >91.80 66 to win 34 g/u 1.6300 86 to win 14
u/j below 91.80 -30 g/u above 1.6325 -25 e/u above 1.5000 +33 u/cad below 1.0540 +24 u/j below 92.20 +21 Today +23 Total +194
Sell u/j to close below 92.20. Risk 79 to win 21. I think it closes below 92.20
u/cad sell to close below 1.0540. Risk was 76 to win 24