The Only Pivot - page 19

[stevenali]

thx for all your stars friends

[stevenali]

wait at least 1 candle h1 for confirmation

for EUROJPY, USDJPY, GBPJPY, USDCAD

try to open trade as close as can be to pivot price,

so if we have to reverse, not much pips we lost

[Raverstyletim]

usdjpy setup?

is it setting up? stochs coming from 20

[stevenali]

Raverstyletim:
is it setting up? stochs coming from 20

great setup Raverstyletim, the queston is... will usdjpy moving up its PIVOT?

[walterw]

stevenali:
late part 3

HI Stevenali, at this point are you giving any use to the UTfast indicator ? thanks Walter.

[stevenali]

i change ut-fast indicator with momentum indicator

all costum indicator is made from observation of trader's which try to

make indicator based on their trading system..

i believe all BIG bOYS and BIG FUNDING MANAGER use the indy which has

given to us from METATRADER

so if we wanna see the chart through THEIR EYES, use the same TOOLS

i change it with momentum indicator and we still using S/R too

we can trade when 2lwma cross pivot line, and will more confidence with momentum cross the 100 level

[stevenali]

walterw:
HI Stevenali, at this point are you giving any use to the UTfast indicator ? thanks Walter.

i change to momentum indi , Walter... sometimes ut-fast too lagging

[walterw]

stevenali:
i change to momentum indi , Walter... sometimes ut-fast too lagging

Ok looks good... what level would you look for taking longs ?

[stevenali]

walterw:
Ok looks good... what level would you look for taking longs ?

the entry rule is no change, only cross of 2lwma and pivot line

the best trade is when crossing happen and momentum cross it's level 100

[stevenali]

we can go short for usdcad, but check the economic calender first

Forex Calendar @ Forex Factory

the prediction is weak for usdcad, so be wise