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Pivot point the holy grail ????

forex_trader_212033
तबसे मेंबर है Oct 14, 2014
55 पोस्टों
Oct 23, 2014 at 14:23
तबसे मेंबर है Oct 14, 2014
55 पोस्टों
Hii traders , i wanna know what you think about importance of pivot points and if they really are worth it ?????
तबसे मेंबर है Nov 21, 2011
1601 पोस्टों
Oct 23, 2014 at 20:52
तबसे मेंबर है Nov 21, 2011
1601 पोस्टों
Off course they are... easy to locate and very powerfull signals to follow.
I do talk about Daily Key Level.
I do talk about Daily Key Level.
Oct 24, 2014 at 14:50
तबसे मेंबर है Feb 21, 2013
4 पोस्टों
i'm using pivot point weekly
trading is the art of managing risk
तबसे मेंबर है Oct 01, 2014
16 पोस्टों
Oct 26, 2014 at 07:50
तबसे मेंबर है Oct 01, 2014
16 पोस्टों
It helps for trading,but it's not a holy grail, that's for sure...
तबसे मेंबर है Jun 09, 2014
134 पोस्टों
Oct 27, 2014 at 07:52
तबसे मेंबर है Jun 09, 2014
134 पोस्टों
No, holy grail it is not, but it is very useful information at times.

forex_trader_212033
तबसे मेंबर है Oct 14, 2014
55 पोस्टों
Oct 27, 2014 at 07:55
तबसे मेंबर है Oct 14, 2014
55 पोस्टों
same here @jesienoor i think they are very powerful in weekly timeframes but bro i have one doubt
तबसे मेंबर है Jan 15, 2014
29 पोस्टों
Nov 16, 2014 at 08:14
तबसे मेंबर है Jan 15, 2014
29 पोस्टों
Pivot points are good sometimes but I consider them the weaker indicators. Its best to use it in conjuction with an overbought/oversold Fib ratio and compare MNTH, WEEK, DAY pivot points. Pivots are not good alone. Many times they are right on and other times they are off.
तबसे मेंबर है Jun 09, 2014
134 पोस्टों
Nov 17, 2014 at 07:47
तबसे मेंबर है Jun 09, 2014
134 पोस्टों
Basically what you said Species is they are worthless. "Many times they are right on and other times they are off."
तबसे मेंबर है Jan 15, 2014
29 पोस्टों
Nov 17, 2014 at 09:50
तबसे मेंबर है Jan 15, 2014
29 पोस्टों
I would use them to give you an idea of where th market could go. But I would match it with an Golden section 1.618 phi or a Golden section 2.618 Phi.
The "idea" is the key. Just an idea. AND/OR use as an intraday indicator anyalize the market movements or to add lots or to know where to put stops thiss kind of thing.
Its value is also that its not Fib related. Its a leading indicator but its a reliable unreliable indicator. just my humble thoughts.
The "idea" is the key. Just an idea. AND/OR use as an intraday indicator anyalize the market movements or to add lots or to know where to put stops thiss kind of thing.
Its value is also that its not Fib related. Its a leading indicator but its a reliable unreliable indicator. just my humble thoughts.

forex_trader_212033
तबसे मेंबर है Oct 14, 2014
55 पोस्टों
Nov 18, 2014 at 08:20
तबसे मेंबर है Oct 14, 2014
55 पोस्टों
@CrazyTrader bro are pivots the main basic of your trading??
तबसे मेंबर है Nov 21, 2011
1601 पोस्टों
Nov 18, 2014 at 18:22
तबसे मेंबर है Nov 21, 2011
1601 पोस्टों
xdj3richo posted:
@CrazyTrader bro are pivots the main basic of your trading??
To me, what I call key level is where you sucpect market to react from there.
I would say that my basic is Price Action... Charts tell you where market is going.... then it crosses some key level or not... giving you confirmation point on main trend.

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