You have to wait until the pivot rreversals are formed. "IF" the market is moving sideways, this is not an issue. The pivots will form as the market moves and then you can profit.
you're counting pips from support line to resistant line (and opposite for shorts), but you're candle formations that your using for your strategy wouldn't have formed in almost all of these examples (for your entry confirmation) until almost to the other side of your trade, resulting in maybe only a few pips if lucky (unless spread was high in this low volatile time) . Can you explain how you are entering before your pivot candles are forming, which is your entry signal in this case?
You have to wait until the pivot rreversals are formed. "IF" the market is moving sideways, this is not an issue. The pivots will form as the market moves and then you can profit.
Good trading,
Jason Fielder
ForexImpact 1 year ago
you're counting pips from support line to resistant line (and opposite for shorts), but you're candle formations that your using for your strategy wouldn't have formed in almost all of these examples (for your entry confirmation) until almost to the other side of your trade, resulting in maybe only a few pips if lucky (unless spread was high in this low volatile time) . Can you explain how you are entering before your pivot candles are forming, which is your entry signal in this case?
ubergoob 1 year ago