Trading the Pivots

Discussion in 'Journals' started by JimmyJam, Aug 13, 2006.

  1. Trade closed at 1305.75.

    I'll see if anyting is happening over the afternoon session, but I'm not anticipating very much.

    Regards,

    JJ
     
    #381     Aug 31, 2006
  2. eur/usd weekly pivot just got torn to shreds. R2 to S2 (isn't it R2D2:confused: :confused: :confused: )
     
    #382     Aug 31, 2006
  3. JJ,

    I just wanted to see if you every thought of looking at the Euro-FX ( EC or 6E on some vendors). I never looked at the pivots, but it can give you some nice trends and at 12.50/tick you can get some nice moves and some nice cash. The ES and NQ suck lately, but the EC is cooking nicely today. Just a suggestion. Might want to look at QM as well- 12.50/tick as well. Just someting to help have different markets to look at . If the ES is crap, more than likely the NQ, ER, Ym are also.
     
    #383     Aug 31, 2006
  4. Hey NZD do you use Japan open as your calculation point for days close? gmt+30mins I think. Just wondering in case I ever decide to trade currencies.

    Cheers.
     
    #384     Aug 31, 2006
  5. I'm waiting for your system to "let the winners begin". LOL

    :D :D :D :D
     
    #385     Aug 31, 2006
  6. Good question BlowFish. I use GMT midnight as it is 8 am in tokyo and 9 am Sydney. The daily chart on esig (the charts I use), will automatically use this time as well when deciding the "close".
     
    #386     Aug 31, 2006
  7. Long @ 1305.5

    While the Time Series Forecast is not above the SMA , I would still take the trade, because it isn't going to be when price action is either slow and choppy, or reverses quictly.

    Best Regards,

    JJ
     
    #387     Aug 31, 2006
  8. This is a great suggestion T273, appreciate the info, I'll get these markets setup on my data feed and get together some historical info on them.

    Thanks a lot!

    Jimmy
     
    #388     Aug 31, 2006
  9. I'm betting you don't even trade.

    You probably go around flaming (if someone makes calls, explains why to the readers, and you don't understand their system) or stupidly worshiping and cheerleading (if someone just makes calls, and you still don't understand their system) other traders who have the balls to put their stuff out there.

    You really add to the quality of the website, and I'm sure traders can't wait to give you their stuff for free.

    Cheers moron,

    JJ
     
    #389     Aug 31, 2006
  10. No prob. You're going to need the Full CME data feed, at least you do with TS. There are other markets such as Yen, Canadian dollar, but the Euro is the most liquid.

    I'm sure what company you use for charting, but they should offer a miNY package. You get oil, gas, and some other too.

    Just something to think about when you get a 4 or so point range in the es.
     
    #390     Aug 31, 2006