Potential Pivot Trades - 5-Sep-16

Potential Pivots Trades For Week Commencing 5-Sep-16

Some Pivot Points Trading Strategy trades for the week ahead (please make sure you fully understand the strategy and why it works – The eBook is available for free here).

GBPAUD Short

A nice set up here on the Short side with that 2 month high at 1.7787 looking good.

The downside today is that S3 is below the next nearest Big Round Number 1.7800. Pro Members know that they can raise the Entry, say 20 PIPs above S2 and also raise the Stop (by the same amount) – To encapsulate this. Alternatively, if this does not trigger today it may well do later in the week – And the S2/S3 levels could be even more attractive.

Potential Pivot Trade - 5-Sep-16 GBPAUD

Here, for Pro Members only, is…

  • Another fully documented short opportunity
  • 4 other Pivot Trades I will be keeping an eye on this week
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Hope it helps.

All comments welcome.

DISCLAIMER & COPYRIGHT

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.