Go Back   DailyFX Forum > Currency Pairs > EUR/USD

Reply
 
Thread Tools Rating: Thread Rating: 189 votes, 4.53 average.
  #20371 (permalink)  
Old 07-04-2009, 08:10 PM
asherewt's Avatar
Member
 
Join Date: May 2009
Posts: 597
asherewt is an unknown quantity at this point
ALTRADE

Try ALTRADE, its free to use with real-time data (FOREX and few major indices)



Quote:
Originally Posted by D_Caron View Post
What charting softwear do you use that shows volume, I use FXCM trade station and it doesn't show volume it can be frustrating.
Reply With Quote
  #20372 (permalink)  
Old 07-04-2009, 10:47 PM
rickos69's Avatar
Member
 
Join Date: Jun 2008
Posts: 1,111
rickos69 is an unknown quantity at this point
Cody, question.
Are Friday's (holiday) pivots indicative? Or should I use Thursday's?
Thanks.
__________________
Live Long And Prosper!
Rickos.
Reply With Quote
  #20373 (permalink)  
Old 07-05-2009, 12:49 AM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
Quote:
Originally Posted by rickos69 View Post
Cody, question.
Are Friday's (holiday) pivots indicative? Or should I use Thursday's?
Thanks.
try these if you have mt4

they are for sunday
Attached Files
File Type: zip indicators.zip (10.2 KB, 54 views)
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20374 (permalink)  
Old 07-05-2009, 01:19 AM
rickos69's Avatar
Member
 
Join Date: Jun 2008
Posts: 1,111
rickos69 is an unknown quantity at this point
Quote:
Originally Posted by CodyB View Post
try these if you have mt4

they are for sunday
Sorry, just tradingstation. So, which should I use? BTW, I didn't like the way things moved on Friday. But, then I didn't have any open trades. I closed everything out Thursday morning.
__________________
Live Long And Prosper!
Rickos.
Reply With Quote
  #20375 (permalink)  
Old 07-05-2009, 09:48 AM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
Quote:
Originally Posted by rickos69 View Post
Sorry, just tradingstation. So, which should I use? BTW, I didn't like the way things moved on Friday. But, then I didn't have any open trades. I closed everything out Thursday morning.
for sunday you need new PP's.

Forex Trading, Currency Forecast, FX Trading Signal, Forex Training Course, Education, Tutorial, FX Book, Forex ebook, Learn to Trade Forex, FX Guide, Pivot Points, Currency Rates, Forex Secret, Forex Brokers, Currency Trading System, Online Forex Ma

you can look here for some help
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20376 (permalink)  
Old 07-05-2009, 12:15 PM
rickos69's Avatar
Member
 
Join Date: Jun 2008
Posts: 1,111
rickos69 is an unknown quantity at this point

I understand that. I was just thinking, that since Friday's trading was not so indicative due to the holiday, if maybe I should use Thursday's for Sunday. But, ok, I'll use Friday's.
thanks.

BTW, here's another site that may interest you. It's something like what you posted.

http://www.livecharts.co.uk/Members/...rex_pivots.php
__________________
Live Long And Prosper!
Rickos.

Last edited by rickos69; 07-05-2009 at 12:18 PM..
Reply With Quote
  #20377 (permalink)  
Old 07-05-2009, 01:57 PM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
Quote:
Originally Posted by rickos69 View Post
I understand that. I was just thinking, that since Friday's trading was not so indicative due to the holiday, if maybe I should use Thursday's for Sunday. But, ok, I'll use Friday's.
thanks.

BTW, here's another site that may interest you. It's something like what you posted.

Forex Pivot Points - Free Daily Pivot Points and Camarilla Levels
yes I like live charts because you can detach them for small charts

why not install a demo MT4 and use it for pivots if TS does not offer this option?
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20378 (permalink)  
Old 07-05-2009, 02:05 PM
Member
 
Join Date: Nov 2008
Posts: 14
Divakar is on a distinguished road
Thumbs up Indicators

Hello CodyB

Ur INDICATOR.ZIP contains 3 files.....r these all can be used for daily or meant for sunday only is not clear.....can u pl clear it...waiting for ur response.

thanks
Reply With Quote
  #20379 (permalink)  
Old 07-05-2009, 02:21 PM
rickos69's Avatar
Member
 
Join Date: Jun 2008
Posts: 1,111
rickos69 is an unknown quantity at this point
Quote:
Originally Posted by CodyB View Post
yes I like live charts because you can detach them for small charts

why not install a demo MT4 and use it for pivots if TS does not offer this option?
Ok. Maybe I'm not making clear what I'm asking, I'm sorry.
TradingStation has pivots, and I am using them very nicely. My question was, since Friday was very thin due to the holiday in the US, are the pivots valid? Or should I use Thursday's. In other words, do you think Sunday will adhere to the pivot points from Friday's trading?
__________________
Live Long And Prosper!
Rickos.
Reply With Quote
  #20380 (permalink)  
Old 07-05-2009, 02:35 PM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
Quote:
Originally Posted by rickos69 View Post
Ok. Maybe I'm not making clear what I'm asking, I'm sorry.
TradingStation has pivots, and I am using them very nicely. My question was, since Friday was very thin due to the holiday in the US, are the pivots valid? Or should I use Thursday's. In other words, do you think Sunday will adhere to the pivot points from Friday's trading?
no

new pivots are needed everyday at broker close time, your Friday and Thursday are no good at the end of that day
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20381 (permalink)  
Old 07-05-2009, 02:37 PM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
Quote:
Originally Posted by Divakar View Post
Hello CodyB

Ur INDICATOR.ZIP contains 3 files.....r these all can be used for daily or meant for sunday only is not clear.....can u pl clear it...waiting for ur response.

thanks
those are labeled Sunday because they are good for sunday only
you have only a short day for sunday and they will calculate them based off fridays close and sunday open

remove them after sunday
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20382 (permalink)  
Old 07-05-2009, 02:45 PM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
something else to watch for that I have mentioned before on sundays is to watch the majors to head towards pivot.

they will not always make it TO pivot but almost without fail will head TOWARDS pivot.

today I expect to see EU GU chf cad aussie EJ and GJ head there

they may not make it there but watch price action at open and beware of the open spreads and trade smart...

sundays can make an entire weeks worth of pips before US session
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20383 (permalink)  
Old 07-05-2009, 02:50 PM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
if you like to trade euro then look to Euro/Cad this week

not a perfect setup but daily chart looks pretty
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20384 (permalink)  
Old 07-05-2009, 03:18 PM
CodyB's Avatar
Member
 
Join Date: Apr 2008
Posts: 1,227
CodyB is an unknown quantity at this point
Quote:
Originally Posted by rickos69 View Post
Ok. Maybe I'm not making clear what I'm asking, I'm sorry.
TradingStation has pivots, and I am using them very nicely. My question was, since Friday was very thin due to the holiday in the US, are the pivots valid? Or should I use Thursday's. In other words, do you think Sunday will adhere to the pivot points from Friday's trading?
what you can also do for sunday trades is plot your fibs from fridays moves and trade off them in place of pivots.
__________________
Don't Chase the market let the market come to you
Reply With Quote
  #20385 (permalink)  
Old 07-05-2009, 03:54 PM
rickos69's Avatar
Member
 
Join Date: Jun 2008
Posts: 1,111
rickos69 is an unknown quantity at this point
Quote:
Originally Posted by CodyB View Post
something else to watch for that I have mentioned before on sundays is to watch the majors to head towards pivot.

they will not always make it TO pivot but almost without fail will head TOWARDS pivot.

today I expect to see EU GU chf cad aussie EJ and GJ head there

they may not make it there but watch price action at open and beware of the open spreads and trade smart...

sundays can make an entire weeks worth of pips before US session
Well, according to Friday's pivots, EU is sitting right AT the pivot. Kinda tough to move any closer.
__________________
Live Long And Prosper!
Rickos.
Reply With Quote
Reply

Tags
2003game, china

Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off




Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 11:13 AM.
Copyright ©2009 Daily FX. All Rights Reserved.