Few Pips from NZDUSD pair - forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

Post Top Ad

Wednesday 23 August 2017

Few Pips from NZDUSD pair

NZDUSD pair in H1 timeframe. I'm now using the Pro Trading Strategy by Navin Prithyani.

Here Daily pivot points are used in H1 timeframe. Any exhaustion candle at pivot point gives hints about having a probable entry point into the market.

Then the immediately above and below the exhaustion level, pivot points are analyzed to see whether any barrier nearer along the trade direction. If all is ok then we entered on the closure of the exhaustion candle and TP & SL target will be the pivot points as Navin explained in his tutorial. This is available on internet free.

I've done that for this pair today. Got my pips.

No comments:

Post a Comment

Post Bottom Ad

Responsive Ads Here