CatFx50 - page 106
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Fib Pivots
Nina can you please explain me how you use your fibpivots? If you have the time and patience i would apreciate very much..
Have a nice day!
Hugo, from Portugal (Nuestros hermanos) ahahah
Nina can you please explain me how you use your fibpivots? If you have the time and patience i would apreciate very much..
Have a nice day!
Hugo, from Portugal (Nuestros hermanos) ahahahHola, Hugo!
As you know, there are as many points of view and ways of trading pivots as kind of pivots and all their lines together.
The Fib Pivots have a similar calculation to standard pivots but are based on Fibonacci Ratios applied to the previous days trading range.
Common Strategy for Daytraders on the Forex Market
1. Wait for the prices to reach the Support (Resistance),
2. Look for reversal patterns,
3. and then go long (short) with a tight stop and a decent target (or trailing stop).
This is how people that trade pivots work. But as we do not trade them, we should be aware about where they are. They are points of "reversal" or "stop". So, if we can scale, we begin to take profit at R1/S1 and so on. If we are lucky, of course.
Nina
Nina muchas gracias! Un beso!
El que no busca el éxito, no busca nada...
Hugo, de PortugalHi, Hugo!
THX.
I'm a hairy and bearded man, Hugo. But a kiss is still a kiss.
You must remember this
A kiss is still a kiss
A sigh is still (just) a sigh
The fundamental things apply
As time goes by
Nina
Hi, all!!
It is amazing but that's what it is.
This thread has gone above 100.000 views.
I'd like to convert the same amount of views in the same amount of Dollars.
You deserve it.
Thanks all!!!
Nina
Hi!
As a gift to celebrate that +100.000 views, let me show my road map to you:
EURUSD:
Next support, 1.1886.
Next resistance, 1.1918 and 1.1932.
As long as it keeps trading below 1.1968 and 1.2019/25, it is set to go to 1.1785.
USDCHF:
Next resistance, 1.3084.
Next support, 1.3050 and 1.3033.
As long as it keeps trading above 1.2991 and 1.3028, it is set to go to 1.3099 and 1.3135/70.
GBPUSD:
Next support, 1.7409 (already broken) and main at 1.7372.
Next resistance, 1.7415, 1.7443, 1.7542.
As long as it keeps trading below 1.7423 and 1.7480, it is set to go to 1.7325/1.7241. Take care cause it can go down as far as 1.7170.
USDJPY:
Next resistance, 118,02.
Next support, 117,74, 117,49, 117,43.
As long as it keeps trading above 117,79 and 117,28, it is set to go to 118,35, 118,92, 118,98, 119,30.
Enjoy.
Nina
Hi!
I think you already love above road map, don't you?
Don't be gready!
Nina
Hi!
I think you already love above road map, don't you?
Don't be gready!
NinaThank you Nina for all.. you help me to get my pieces cake.. i almost desperate, so far i never get my pieces of cake. Appreciated!!
The Fibpivots indicator doesn't work on monday, why is that? Anybody knows?
The Fibpivots indicator doesn't work on monday, why is that? Anybody knows?
of course won't work because the calculation taken from saturday.
Try this
http://www.livecharts.co.uk/Members/display_currency_data.php