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Counter-trend trading using pivot lines

Monday 26 July 2010 by manuel caesar

I have here a good example for the EURJPY Trade against the trend towards intraday basis (15min). I opened the trade at the pivot point 1h after this long bullish candle Short. Since pivot points represent for me a strong resistance in intraday trading.
Stop for this trade was placed 5 pips above the pivot line. In the best case you could get 40 pips from this trade out. If it had been closed at impact on the daily pivot and 48GD line (red), S1. Figure 3


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USDJPY

Thursday 4 March 2010 by manuel caesar

Times rather close the position before the news and realize the loss!
- 9 pips.

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SHORT USDJPY

Wednesday 3 March 2010 by manuel caesar

'll Go short at 88.38.

Stop: 88.83

TP: 87.55

Tighten stop on 88.65.

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EURJPY Close

Tuesday 23 February 2010 by manuel caesar

Close 66.5 pips profit!

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Short EURJPY

Tuesday 23 February 2010 by manuel caesar

Short from 122.71

Stop: 25 pips

TP: 100 pips

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EURUSD short

Friday 12 February 2010 by manuel caesar

Tighten stop at breakeven!

Stopped

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Short EURUSD

Friday 12 February 2010 by manuel caesar

Short at 1.3577 EurUsd

Stop: 30 pips

Take profit 1.3502

Maybe yes, he breaks out this time.

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Short EURUSD

Tuesday 9 February 2010 by manuel caesar

Stop tightened quickly stopped out 20 pips +. Could not let the trade run. Did not feel the first runs on.

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EURUSD short

Sunday 7 February 2010 by manuel caesar

EURUSD will shorten at the opening.

Short: 1.3680

Stop: 1.3742

Goal:

TP1 1.3605

TP2 1.3580

TP3 1.3550

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Trades

Friday 27 February 2009 by manuel caesar

Hello, yesterday I accidentally reset when play the demo account with the software. Sent stupid, so I start again at 0. Who has special needs please notify the post, otherwise I would have had to publish the trades like.

Manuel

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