Article: Using Pivot Points In Forex Trading

So… why you keep posting here…??? :D:D

I know… looking for newbies to scam…

[QUOTE=“dennis14685;485602”]

thread was about moving averages not pivots. and i will not post a thread about pivots, there proven and its not a case for me to fight. you guys just dont know how to use them so you cant expand on the thread. which is redundent as stated on page one over looked by retail traders but widley used by pros. Anyone with a grasp on trading would be on to anything related to anyones styles with pivot trading, expecially when it concern Filters for pivots and entry methods. But hay this is Baby pips, they dont call it baby for nothing.[/QUOTE]

Says the guy who adamantly suggests the Feds intervene in the currency market based on weekly pivot points lol…

Oh wait… The fed says they’ve only intervened twice in 11 years…???


nice copy and pastes you got there from wikipedia and also other sources. dont want to check all, but checked 3 passages and all of them are completely copied. please name sources so nobody will be tempted to assume you wrote that by your own.

you are clearly a troll and im not going to reply anymore after this.

my statement is still valid. give the sources then and don’t give the impression that you wrote the texts. there is something called “literary property”

copy paste text from another marketer… :smiley: john person

PP are just an average from the previous period using a set of data of three, sometimes they match areas of buy/sell interest other times don’t, nowdays PP are mainly use for bias setting (line in the sand), so like a lot of things in FX, Floor Traders Pivot Points some times work… but saying that a PP move the market is pure BS…

[QUOTE=“yunny1;485667”]

copy paste text from another marketer… :smiley: john person

PP are just an average from the previous period using a set of data of three, sometimes they match areas of buy/sell interest other times don’t, nowdays PP are mainly use for bias setting (line in the sand), so like a lot of things in FX, Floor Traders Pivot Points some times work… but saying that a PP move the market is pure BS…[/QUOTE]

And even bigger pile of BS claiming that the Feds and central banks use them…

I am reading your posts. I can easily compare your posts into a very poor quality product. I think it is worse than a fake Louis Vuitton that I can probably find in some third world country.

If I were you, I will refurbish and or practice a little bit more the sales speech so at least it will look like it is believable. Better yet , maybe hire someone who have more experience than you do to do it for you…or maybe a use of power point might help?

[QUOTE=“dennis14685;485711”]Guys, I have found a thread on babypips with logical people on it so I am learning and swapping ideas with real traders, Stop waisting everyones time becuase you missed EU short Weekly Pivot NFP to Monthly Pivot which then went long to Weekly pivot which was the origin of the move (78 Pip Swing) Order Flow. No ones here waisting there time except you. There is no expansion and its redundent. Your not bothering anyone apart from your own credibiltilty. Enjoy life travel more, Get a CBR1000 and do track days or something…

[/QUOTE]

“Swapping ideas” lol… If by that you mean making unsubstantiated claims about what Central banks do, then yes…

“Hey gang! So I was looking at my chart today and the chart zig zagged! So obviously that means the pro traders use the Zig Zag indicator to determine their next move! And that’s a fact!”

Lol so that’s the best refurbished sales speech that you’ve got for me?
Oh common…All I can see is Pivot here and Pivot there. Even a 5 year old toddler can probably showed me that without even claiming that he has been “swapping ideas with real traders”.

I am not impress… try harder. Maybe add some stunt show or a circus show to make your sales speech more interesting… Oh while I wait…:44:

Went short from the weekly pivot?? me no understand :15:

and the monthly pivot is at 1.3037 but spot price went down to 1.3032 ??? how come?? isn’t PP defended by central bankers?? …very inept traders… :smiley:

I went short at 1.3240 and close it at 1.0333 [B]SPOT ON!!! [/B]

How is that for a swing trade?? :wink:

[QUOTE=“dennis14685;485725”]ZIG ZAG ARE LAGGING INDICATORS SO ARE MA’S ! PIVOTS ARE LEADING THAT WHY WE USE EM
[/QUOTE]

Pivot points are using previous price to create its output… Just as moving averages do… They are both lagging indicators…

Well, at least Mr. Vuitton (or Mr. LV) is more interesting than you do… Okay, I am getting bored now.

[QUOTE=“dennis14685;485805”]

Pivots are lagging really , lol you guys rock go back to selling Louis Vuitton Handbags and pro - sales pitches which no one on this site is remotely interested in.

Im sure your all studying charts now wondering what just happaned///////////////////////////////[/QUOTE]

They are as lagging as moving averages…

Trust me… No one is interested in what your selling… Or in you.

Go shopping if you bored lol, Maybe you can change that Avatar pic as well

[QUOTE=“dennis14685;485810”]

are ur so funny, i think you have said it all, no need to expand lol[/QUOTE]

Your spelling and grammar is as good as your comprehension of trading concepts.

Let’s see… a pivot is calculated using the [B]PAST[/B] period HLC… that sounds like a lagging indi… just the same when a lagging MA creates “support/resistance” for price.

Since every single indicator in technical analysis is a function of price… we can say all of them are lagging indicators… including PP :wink:

[QUOTE=“yunny1;485814”]

Let’s see… a pivot is calculated using the PAST period HLC… that sounds like a lagging indi… just the same when a lagging MA creates “support/resistance” for price.

Since every single indicator in technical analysis is a function of price… we can say all of them are lagging indicators… including PP ;)[/QUOTE]

Exactly… There is no difference between a pivot line S/R and a significant moving average S/R… Both are using previous price to project a “line in the sand” … Both are lagging.

We are just having fun with you… but you are here just to lure newbies and scam them… :wink:

Lol why? Are you running out of something meaningful to say so you are now hiding on my handbag? shakes head… yah, keep pissing… just don’t spill it on my LV… Oh and make sure you wash your hands…