Pivot Time — I thought I saw an earlier post that he uses 5PM ET. I have changed my pivot time to that and have found a greater level of accuracy. Like just a bit ago when price bounced within 1 pip of my PP at 2890 and then found support near ...

EURUSD

SL — Acumen, When trading around the PP for this pair, what kind of SL do you give to make it's truly S/R but also ensure good MM? Thanks.

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Nice thing about bull/bear market is that both have corrections as nothing is linear. I use 5PM ET to calculate pivots and use that to determine my entries. Nice bounce off the close from 5PM ET today and range bound by the open at the same time. I ...

EURUSD

Thanks. I have found SMA's to be of better use.

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Bemac, Do you look at EMA's, SMA's, or some other variant of a MA when using these values? And thanks for posting this.

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Add another long — I'm long. SL below previous support of 2811 and well below the lower trendline on both the 15M and 4H.

EURUSD

Do you change that number depending on the TF, or is 288 bars on any TF?

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No offense meant or taken. Just trying to liven up thread until EURUSD can provide some better entertainment. As for me I'm an old geezer and off to bed.

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When you are filthy rich, I will come and be your butler or gardener.

EURUSD

Seeing how the markets aren't doing anything, what better fun than to screw with Psi. How about that Psi, if Jay is the "Oracle", does that make you the "Anti-Oracle"? The again if you can actually make the markets move, you probably take ...

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Your Busted — We all know that you move the currency markets Psi.

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That could definitely be tested. We were close on 10/10. I do agree with Psi that this pair is ripe for some short term bullish retracement. We are far away from the average on the downtrend and everything corrects eventually. I have some ...

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Yep, which is where I was first acquainted. I'm still with TS, but barely. Good platform but horrible customer service and support.

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Yeah, isn't that the truth. He's over on Kreslik now. I cannot trade his short term scalp style, but I find some of his insights interesting not to mention his willingness to share free indicators. Then again he got banned from here, so I'll make ...

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3469 has held for an hour and a half at the upper trendline. I think a retest of the days open or the lower trendline before any breakout.

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Yeah, I don't just look at regular trendlines. I look at internal trendlines (trendlines that cut through price action) and congestion areas along with fibs and on multiple timeframes to find an entry and TP level. I'm looking for those levels that ...

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Pretty much Acumen's style with pivots and the bias (long or short) set by the pivot point (PP) on a 15M or 5M chart. But I augment this with a valid trendline (at least 3 touches; the more the better). I also use an indicator by TRO (you can search ...

EURUSD

Your Triangle Still Holds — Trade is still tightly range bound in your triangle. 3469 is still resistance (holding for the past hour) and close to R1 around 3483. 3400 is support. Have no idea (and don't care) which way it will break out, but ...

EURUSD

Thanks Acumen — Pivots are amazingly important along with round numbers. Went back to paper trading last week incorporating pivots with my trendlines to see how that would work. Success ratio was incredible. At least 75% to 80%. I will be back ...

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Jacko's Rules — Anyone new to trading (or even been around awhile) should read Jacko's rules (not necessarily his trading method but his rules about trading and money management). They are words of success. They can be found in his thread: ...

EURUSD