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The crosses are what are called as data errors, not signals sadly.
I'm currently looking about for a different pivot indicator and will post it as a replacement, along with the template with the ammended pivots.
Just try to ignore them for now and I'll get it fixed as soon as I can.
Thanks for your continued support.
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
I personally prefer the 7CCI Rocwell to the 10. It retraces just a little tiny bit further. I like to see it cross the 0.0 nicely during a 5m retracement then steam in as soon as it crosses back through. Sometimes the 10 only retraces as far as the 0.0 before turning.
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
There are many faults with the pivot point indicator I was using, but have found a better one which I attach.
Either substitue the IGP one and replace with the new one, or drop me a line and I'll forward the whole template to you.
Happy Pimpin'
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
An important lesson here for all the novice traders reading this.
It's called 'how to lose'
Very simply by following the techniques in this thread that I adhere to, being that Crude is Daddy bear, Gold is Mummy bear and the FX Majors are Baby bears (or was it something to do with sport?).
Anyway, follow this and you will be successful. Ignore it and you will die !
Look at your lovely long position on GBPUSD. Turned to dust inside 15minutes.
Look at your lovely short play on USDJPY. Turned to dust inside 15 minutes.
Look at your lovely short play on USDCHF. Turned to dust inside 15 minutes.
What can seem like a brilliant set-up can go horrible wrong in a very short space of time.
WHY? Because Crude started to dump and take Gold along for the ride.
I cannot emphasize to any novice trader enough how important it is to keep an eye on these bad-boys !!
May it serve you well!
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Hey Pimp one quick question when you enter either on a green heiny candle or red do you wait for the close of that candle or as soon as it is green or red do you enter. Many thanks...
__________________
"Dictionary is the only place that success comes before work. Hard work is the price we must pay for success. I think you can accomplish anything if you're willing to pay the price." Vince Lombardi
Hey Pimp one quick question when you enter either on a green heiny candle or red do you wait for the close of that candle or as soon as it is green or red do you enter. Many thanks...
Hey Amaru.
It's just the Heiken Ashi with the 7CCI cross together. Some people wait for the 5 minute candle to close but personally I don't. 1 x 5m candle on Crude can be 100 pips !!
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Hi Pimp, thanks for sharing this. Still trying to understand it fully. And i've replace the new pivot. Does this look right?
Yep, that's the one. Looks good.
I wonder if this looks good too?
IF Crude can dump a bit further and fall below the S1 pivot, Gold looks like it could go too.
Targeting the Pivot point maybe.
Cheeky little 1-2-3 with a tight 20 pip stop.
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
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