Thanks for the info, really appreciate it.
I was able to find some nice classic pivots to download.
My intention is not to copy a strategy, in fact, I do not want to read about other people strategy, simply because I have my own strategy which works for me and for the type of trader that I am.
I always try to refine my strategy as I continue to learn, I believe that one of the problems that I still try to tackle is that I struggle to make the best out of a trade, I make a profit, but I feel I get out too quick sometimes, my strategy relies on support and resistance, but either I am bad a drawing them or I am just unlucky that they always get broken. My last 4 trades that I closed in profit each one went at least another 50 pips.
This brings me to today’s point about the pivots, I want to study and monitor them to see if they can provide me with better support and resistance than the one I draw.
An example, yesterday I shorted USD cad, I closed it today with 141 pips profit, it is still going down an extra 86 pips so far. In my defense, it had reached my support which matches with S2, now looks like is bouncing of S3.
Any extra pip is always good
Well, let’s see if I can improve.
Thanks again and happy trades.