Pivot point trading is interesting but u need to have a good money management.
Welcome to my Thread i will post daily trade, two chart a day for you to see how i take my trade
New ideal are welcome to improve our trade
For now until i get guys showing interest in my trade, i will only post chart of my trade alone and profit/loss made
My first chart post will be 18/05/2014
This Thread will change life as babypips did to me
Thank you
Looking forward to your ideas/posts
Nice to have u on my trend i hope we will gain alot from each other
I tried trading pivots when I first started and it didn’t work too well for me. I haven’t touched them in a while so I’d be interested in seeing what you’re able to do with them.
yes it can of funny but it a simple move that works well
I am following this thread
pls help fill the poll ‘‘why pivot trading’’ it will help in review of move and giving new trade ideals
thank you
constructive criticism is welcome
Pls we will make use of this tool from babypips.com to caculate our monthly ,weekly and daily pivot point
‘‘http://www.babypips.com/tools/forex-calculators/pivotpoint.php’’
we use TIME as our stop loss not figures
In my trade you will not see stop loss
_______________________R1
pivots are good
_______________________PP
i like pivots
_______________________S1
Market sentiment- Neutral
Expected loss for the week 172 pips
Expected profit for the week 258 pips
I do not use stop loss (Time is my stop loss)
I use pending order to trade
No need to monitor, just set and close your platform and come back on Friday GMT +1 at 8:00 pm
MY TRADE PLAN FOR THE WEEK
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6899 TAKE PROFIT @ 1.6985
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6985 TAKE PROFIT @ 1.7071
SELL STOP LOT SIZE IS 0.1 @ PRICE 1.6727 TAKE PROFIT @ 1.6641
SELL STOP LOT SIZE IS 0.05 @ PRICE 1.6641 TAKE PROFIT @ 1.6555
Pls fill the poll up so i can use it to explain my style of trade using pivot point
Constructive criticism is welcome
Happy trading
Market sentiment- Neutral
Expected loss for the day 57 pips
Expected profit for the day 88 pips
I do not use stop loss (Time is my stop loss)
I use pending order to trade
No need to monitor, just set and close your platform and come back on GMT +1 at 9:30 pm
MY TRADE PLAN FOR THE DAY
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6844 TAKE PROFIT @ 1.6872
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6872 TAKE PROFIT @ 1.6901
SELL STOP LOT SIZE IS 0.1 @ PRICE 1.6787 TAKE PROFIT @ 1.6759
SELL STOP LOT SIZE IS 0.05 @ PRICE 1.6759 TAKE PROFIT @ 1.6730
Pls fill the poll up so i can use it to explain my style of trade using pivot point
Constructive criticism is welcome
Happy trading
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6844 TAKE PROFIT @ 1.6872 was trigger
STOP LOSS WAS -30.9 PIPS
Market sentiment- SELL
Expected loss for the day 39 pips
Expected profit for the day 57 pips
I do not use stop loss (Time is my stop loss)
I use pending order to trade
No need to monitor, just set and close your platform and come back on GMT +1 at 9:30 pm
MY TRADE PLAN FOR THE DAY
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6835 TAKE PROFIT @ 1.6854
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6854 TAKE PROFIT @ 1.6874
SELL STOP LOT SIZE IS 0.1 @ PRICE 1.6796 TAKE PROFIT @ 1.6777
SELL STOP LOT SIZE IS 0.05 @ PRICE 1.6777 TAKE PROFIT @ 1.6757
Pls fill the poll up so i can use it to explain my style of trade using pivot point
Constructive criticism is welcome
Happy trading
no chart again
pivot is a way . we can see resistance and supportance with it. we think it can help for trader . they will get good result. my friend in liteforex. he’s use to trade with it. i see he’s comfortable with it
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6835 TAKE PROFIT @ 1.6854 was trigger TP 19 PIPS
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6854 TAKE PROFIT @ 1.6874 was trigger SL -9 PIPS
TODAY PROFIT WAS 10 PIPS
GBP/USD
Market sentiment- neutral
Expected loss for the day 62 pips
Expected profit for the day 93 pips
I do not use stop loss (Time is my stop loss)
I use pending order to trade
No need to monitor, just set and close your platform and come back on GMT +1 at 9:30 pm
MY TRADE PLAN FOR THE DAY
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6866 TAKE PROFIT @ 1.6897
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6897 TAKE PROFIT @ 1.6928
SELL STOP LOT SIZE IS 0.1 @ PRICE 1.6804 TAKE PROFIT @ 1.6773
SELL STOP LOT SIZE IS 0.05 @ PRICE 1.6773 TAKE PROFIT @ 1.6742
Pls fill the poll up so i can use it to explain my style of trade using pivot point
Constructive criticism is welcome
Happy trading
no chart again
[QUOTE=adetola99;629754]GBP/USD
Market sentiment- neutral
Expected loss for the day 62 pips
Expected profit for the day 93 pips
I do not use stop loss (Time is my stop loss)
I use pending order to trade
No need to monitor, just set and close your platform and come back on GMT +1 at 9:30 pm
MY TRADE PLAN FOR THE DAY
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6866 TAKE PROFIT @ 1.6897
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6897 TAKE PROFIT @ 1.6928
SELL STOP LOT SIZE IS 0.1 @ PRICE 1.6804 TAKE PROFIT @ 1.6773
SELL STOP LOT SIZE IS 0.05 @ PRICE 1.6773 TAKE PROFIT @ 1.6742
Pls fill the poll up so i can use it to explain my style of trade using pivot point
Constructive criticism is welcome
Happy trading
no chart again
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6866 TAKE PROFIT @ 1.6897 was trigger 31 pips
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6897 TAKE PROFIT @ 1.6928 was trigger 1.2 pips
Total profit 32,2 pips
GBP/USD
Market sentiment- Sell
Expected loss for the day 89 pips
Expected profit for the day 133 pips
I do not use stop loss (Time is my stop loss)
I use pending order to trade
No need to monitor, just set and close your platform and come back on GMT +1 at 9:30 pm
MY TRADE PLAN FOR THE DAY
BUY STOP LOT SIZE IS 0.1 @ PRICE 1.6935 TAKE PROFIT @ 1.6980
BUY STOP LOT SIZE IS 0.05 @ PRICE 1.6980 TAKE PROFIT @ 1.7024
SELL STOP LOT SIZE IS 0.1 @ PRICE 1.6846 TAKE PROFIT @ 1.6802
SELL STOP LOT SIZE IS 0.05 @ PRICE 1.6802 TAKE PROFIT @ 1.6757
Pls fill the poll up so i can use it to explain my style of trade using pivot point
Constructive criticism is welcome
Happy trading
no chart again
Hi mate, i don really get what you meant by time is your stop loss. Does that mean that by the time which you set when you come back and see your trade, you will close all the trades that are open either it is on profit or loss?
