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omullick
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Hey Soultrader, thanks for your trading input. I just have a few questions, if you dont mind answering. 1.Do you use the pivot point strategy for intraday trading? Or is it longer term trading? 2. How do you decide what your PP, R1,S1, etc. are? Do you just use the formuals on wikipedia? 3. The last thing, how long do you usually stay in trades for? I havent traded live yet, however, whenever i trade virtual i always have to get into the trade at 1 tick below market price (so when i enter the trade I'm already loosing by 1 tick). I usually stay in the trade for 10-15 minutes and try to profit 1-2 ticks. This strategy hasn't been working so well, even in virtual trading. And do you tick charts to enter/exit a trade or do you time charts? Thanks for your help!