[Ingot54]

‪train colision‬‏ - YouTube

‪train colision‬‏ - YouTube

EDIT - Oops! Sorry, wrong thread.

Oh well, it's done now.

[neoikon]

Originally Posted by trader84 »

Still if his setups do work they need to be properly applied and in right market conditions. Not many people can do that.

I second that. Most people miss this idea. It's similar to saying, "If trading worked, traders would all be rich." There is a reason most fail, but it doesn't mean trading doesn't work. Similarly, for any given system or trading method.

Best of luck in your trading.

[Brookwood]

We seem to be off of Pivot Points and on to Carter on general...
Well my $.02: his book is more useful to a new trader from the business angle, ie; trade plans, trade management, and some nuggets in the foreword. Let's face it: entries are a dime a dozen- more like a gross. And yes,he has some. I used to subscribe to his freebie newsletter, mostly to keep in virtual touch with what other traders were thinking for the day, as a reality check for what is a pretty solitary profession. But you'll notice he is kind of discretionary in real life with his squeezes for example, if you follow him for a while. "The Squeeze" (tm) is a volatility breakout system of which there are many. Periods of low volatility are often followed by high, and vice versa. This is his attempt to standardize the phenomenon, and capitalize on it. IMHO they are more effective on long term charts than 5m charts. I'm personally partial to weekly pivots for some of the reasons that Fat Tails points out. I can see at a glance where price is in context of the previous week. But I'm a candlestick/ SR guy at heart so I always gotta manage my trades. I can't make hard-fast rules for pivots because ultimately Price is my master.

[Tye]

Great Video,

However, I can not find the link or lead of any sort for the particular "Pivot Point Indicator" described in the video for MT4.
Any help obtaining this indicator would be greatly appreciated.

[Tams]

Originally Posted by Tye »

Great Video,

However, I can not find the link or lead of any sort for the particular "Pivot Point Indicator" described in the video for MT4.
Any help obtaining this indicator would be greatly appreciated.

what do you publish?