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The Simplest Way-Take Own Dicision |
sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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Post: #691  Posted: Tue Feb 14, 2012 9:55 am Post subject: |
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| bought @ 9.45 @ 5411 |
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DEWGH
White Belt
Joined: 20 Feb 2011
Posts: 119
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| Post: #692 Posted: Tue Feb 14, 2012 9:58 am Post subject: |
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Hi Sonila,
No buy signal yet in future chart. |
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DEWGH
White Belt
Joined: 20 Feb 2011
Posts: 119
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| Post: #693 Posted: Tue Feb 14, 2012 9:59 am Post subject: |
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| By the way I am talking about mininifty so there may be difference |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #694 Posted: Tue Feb 14, 2012 10:02 am Post subject: |
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dewgh,
yes u r right.
but as pivot is 5410 and the signal in spot came above pivot, so i took a risk and entered long. |
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DEWGH
White Belt
Joined: 20 Feb 2011
Posts: 119
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| Post: #695 Posted: Tue Feb 14, 2012 10:10 am Post subject: |
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| Signal reversed 5418 |
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DEWGH
White Belt
Joined: 20 Feb 2011
Posts: 119
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| Post: #696 Posted: Tue Feb 14, 2012 10:13 am Post subject: |
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Sonila,
Pivot as per ODIN? |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #697 Posted: Tue Feb 14, 2012 10:14 am Post subject: |
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| sonilla,u took a gud risk as pivot is 5408,but res is 5448 so book until till this point,also tuday inflation nos |
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deva2012
White Belt
Joined: 02 Jan 2012
Posts: 12
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| Post: #698 Posted: Tue Feb 14, 2012 10:34 am Post subject: |
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| i think forexmoney pivot system works practically,wat u say traders? |
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DEWGH
White Belt
Joined: 20 Feb 2011
Posts: 119
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| Post: #699 Posted: Tue Feb 14, 2012 11:26 am Post subject: |
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Hi Forex,
So as per pivot system if sell comes above 5408 we should not sell? |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #700 Posted: Tue Feb 14, 2012 11:40 am Post subject: |
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| booked 1 lot @ 5431 @ 11.18 |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #701 Posted: Tue Feb 14, 2012 11:45 am Post subject: |
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dewgh,
as per forex's suggestion, what u mentioned, is very correct.
Sell above pivot point will not give good result and very risky also.
I have observed this for last 6 trading sessions. |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #702 Posted: Tue Feb 14, 2012 11:45 am Post subject: |
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| sonilla,u botted at pivot with crossover,tats gud ,i also booked |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #703 Posted: Tue Feb 14, 2012 11:48 am Post subject: |
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| inflations nos came positive ,tats y nifty spiked up |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #704 Posted: Tue Feb 14, 2012 11:52 am Post subject: |
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forex,
i want one clarification.
there is a pivot point calculator in i-charts. In the calculator if we put monday's H =5444.5, L = 5368.65, CL = 5415.8, then
pivot = 5410
support.1 = 5375
res.1 = 5451
these values come.
But u mentioned pivot = 5408.
How r u getting diff values ? |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #705 Posted: Tue Feb 14, 2012 12:03 pm Post subject: |
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| sonilla,pls go thrgh the pivots already mentioned in icharts,dont go fr any calculator,ask help team of icharts fr pivots,res,supp,they wil guide u |
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