Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Mysticforex

Trading Missed Pivot Points

Recommended Posts

I have heard it said the the daily pivot on OIL is the most imporrtant..Not sure, but I probably heard it from an old ( older then me ) commodities trader. He work for at least 15 -20 years in the Chicago Pits He traded mostly ag products but was known to daddle at times with Oil, Gold, Silver, and even Forex futures.We started one day about Pivot points ( I love Pivot Point ). He pointed out an anomaly to me which I found quite interesting. I forgot about it some time but it has recently resurfaced in my Brain. I hve started playing with it again

 

The time time is not yet right to give the details of the gimmick, after all I mat be barking up the wrong tree. But I will from time to time post a trade that I see ( they don't happen every day. Remember, These are not suggestions to buy or sell a certain instrument, I just want to sett a tone of transparency in case it ever does develop into something..

 

If it ever does develop into something, I promise it will never be sold by me.

 

 

At this early stage, for the purpose of saving us all time and work I am just going to post the trades, not the mechanics involved.. If things start start working out I will provide the EA needed (free of charge).

BY ALL MEANS...this is a work in work in progress, If ANYONE sees anything that they think will make it clearer to understand, Simplify it in anyway please chime in.

 

As on all my threads I will brook no name calling,no snide remarks, no negative attitudes.

 

 

The Pair is CAD/CHF. Entry as long at 8375 SL is at 8330 TO is at 8600 ( this is going to require some patience) If you feel a bit antsy you can move you stop to BE @ 8423.

 

I placed this trade on my Oanda acct which I am having difficulty posting here, In the future I will us MT4.

Edited by Mysticforex

Share this post


Link to post
Share on other sites
I have heard it said the the daily pivot on OIL is the most imporrtant..Not sure, but I probably heard it from an old ( older then me ) commodities trader. He work for at least 15 -20 years in the Chicago Pits He traded mostly ag products but was known to daddle at times with Oil, Gold, Silver, and even Forex futures.We started one day about Pivot points ( I love Pivot Point ). He pointed out an anomaly to me which I found quite interesting. I forgot about it some time but it has recently resurfaced in my Brain. I hve started playing with it again

 

The time time is not yet right to give the details of the gimmick, after all I mat be barking up the wrong tree. But I will from time to time post a trade that I see ( they don't happen every day. Remember, These are not suggestions to buy or sell a certain instrument, I just want to sett a tone of transparency in case it ever does develop into something..

 

If it ever does develop into something, I promise it will never be sold by me.

 

 

At this early stage, for the purpose of saving us all time and work I am just going to post the trades, not the mechanics involved.. If things start start working out I will provide the EA needed (free of charge).

BY ALL MEANS...this is a work in work in progress, If ANYONE sees anything that they think will make it clearer to understand, Simplify it in anyway please chime in.

 

As on all my threads I will brook no name calling,no snide remarks, no negative attitudes.

 

 

The Pair is CAD/CHF. Entry as long at 8375 SL is at 8330 TO is at 8600 ( this is going to require some patience) If you feel a bit antsy you can move you stop to BE @ 8423.

 

I placed this trade on my Oanda acct which I am having difficulty posting here, In the future I will us MT4.

 

good luck.....I am watching cadchf too .....will keep an eye on your trade

 

TW

Share this post


Link to post
Share on other sites

So far this has been like watching paint dry lol...

 

 

Actually I should have picked another name for this thread. The trades will not all be on CAD/CHF. They will be on whatever pairs present the right conditions It really has to do with missed pivot points. I don't think I have the ability to change the name of the thread... we will see.

Edited by Mysticforex

Share this post


Link to post
Share on other sites

I refer back to my earlier post. This IS like watching grass grow.

We have been up and we have been down. Currently we are up 13 Pips. But, I am going to see this thru to the end. Hopefully on the next example we will have a pair that that moves with a little more gusto.

 

I want to wait for the close of this trade before I explain the mechanics behind it. So, we'll keep watching.

Share this post


Link to post
Share on other sites

Well this one just stopped out. You get these trade maybe 15 - 25 times a year. We will wait for the next one....Right now EUR/AUD has several mised daily and weekly missed pivot points. with one being at 14300 but no sell signal yet. It is way over bought. and has divergence on the MACD. Just waiting to break a previous support.

euraudmp.thumb.png.78bf28f64794625d63aea1a9cbadbad3.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.