Potential Pivot Trade - 17-Aug-16

Potential Pivot Trade – 17-Aug-16

Yesterday in the Live Workshop I walked through the process I use when looking to improve on my real-time Pivots Strategy entries. During the live session we covered at least 8 real-time trades and pro members can watch the recording in the bonus area here.

With the Pivots Strategy Video Course now complete I want to recap the process here…

1 – The Pivots Strategy works fine “as is” – It is already proven, as documented in the FREE Pivot Points Trading Strategy eBook

This means you can simply place Set & Forget orders in the morning for the pairs you wish to trade that day. Just by doing this you can expect to be profitable at the end of the year.

2 – You can look to improve on your Set & Forget results by spending just 5 minutes each morning analysing all markets on your Watch list. You will be looking for additional key areas of Support and Resistance such as significant Highs/Lows and Big Round Numbers (BRNs) within the S2/S3 and R2/R3 trading zones. This process is well documented in the Bonus video section of the Pivots Strategy Video Course here.

It means, by taking just 5 minutes out of your time each morning, you can greatly improve the quality of your Set & Forget “picks” – I call it looking for the winners of the “beauty competition”. Here’s an example of one I found this morning, an absolute no brainer trade (I have my order in)…

Potential Pivot Trade - 17-Aug-16 CADJPY Chart

CADJPY Short Trade

Key Levels within our R2/R3 trading zone…

  • 78.73, our R2 level, our entry point and first potential level of Resistance
  • 78.77, the monthly high which has held well – On the way down as well as on the way back up
  • 79.00, a Big Round Number (BRN)

So, 3 key levels there providing additional strength to this Short trade – Compare this with the NZDJPY opportunity below…

Potential Pivot Trade - 17-Aug-16 NZDJPY Chart

The clear winner in this “beauty competition” is obvious!

3 – Apply real-time rules and look for additional reasons to take the Set & Forget opportunities you have already identified – Your “beauty competition” winners. In the main we look for reversals within the “trading (R2/R3 S2/S3) zone” with overbought/oversold oscillator levels to support. This is the process I covered yesterday and the video, as already mentioned, can be found in the Bonus video section of the Pivots Strategy Video Course here.

This means you can, if you are at your charts, take more focused real-time entries – Entries based on current market conditions. Remember, this means you will be taking focused entries based on current market conditions for Set & Forget “beauty competition” winners you have already identified.

So, here’s your options…

1 – Use a proven strategy (you already have this) “as is”

And be profitable.

1 – Use a proven strategy
2 – Spend 5 minutes each morning identifying those “beauty competition” winners

And increase your profitability.

1 – Use a proven strategy
2 – Spend 5 minutes each morning identifying those “beauty competition” winners
3 – Apply the real-time guidelines to your “beauty competition” winners based on current market conditions

And increase your profitability even more.

Pro Members can access the complete Pivots Strategy Video Course here.

Hope it helps.

All comments welcome.

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Hope it helps.

All comments welcome.


This update is based on my analysis on my charting package. It may differ to yours as it can be affected by time, market movements, charting packages and broker prices. I accept no liability for loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on any information in this report or analysis.