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Use EMA 10, EMA50, AND EMA 140 Type close, shift 0. it's great. Sory my english is bad
What's about? MA cross over to confirm the only pivot? Show us some charts, please.
filters
What's about? MA cross over to confirm the only pivot? Show us some charts, please.
Anyway fellows, i got a lesson that perhaps worthed. Dont trade if the momentum doesn't cross 100, even if the 2 smma has crossed the pivot. I know, sometimes you had some of good trades without momentum 100. But it doesn't always like that. please take a look at usd jpy @ july 27 (i attached the image).
cmiiw.
i'd rather missed a good trade, than be in a bad one.
Anyway fellows, i got a lesson that perhaps worthed. Dont trade if the momentum doesn't cross 100, even if the 2 smma has crossed the pivot. I know, sometimes you had some of good trades without momentum 100. But it doesn't always like that. please take a look at usd jpy @ july 27 (i attached the image).
cmiiw.
i'd rather missed a good trade, than be in a bad one.nice observation
at 4H time frame
GBPJPY, EURJPY, GBPUSD is open above the pivot line,,, will price back to UP?
we'll see
Steve
You took any trades today ?
at 4H time frame
GBPJPY, EURJPY, GBPUSD is open above the pivot line,,, will price back to UP?
we'll seeDo you normally start trading around this time?
i live in GMT +7
Do you normally start trading around this time?
since you know at GMT 00, Pivot line will change, and it means 7:00 am in the morning in my place.
i'd like to know where is the pivot, does 2SMMA cross or not yet, how is the calender economic today...
this system is good at pair cross with JPY... like EURJPY, USDJPY, GBPJPY
those pair is active at asian market.. europe market and america market
and i use INTERBANKFX as my broker.. you know IBFX server time is GMT 00
i live in GMT +7
it posted double... forget this one
Steve You took any trades today ?
yes at ej
little bit too late
eurousd is above its pivot line too at h4 chart
Dear stevenali
Thanks for sharing ur great system but why u in E/Y 1H trade didn't wait the confirmation of Momentum
thanks