Hi, below you will find chart data with Exponential Moving averages 50 EMA and 100 EMA and today’s daily pivots plotted. This is what I use to trade from and so can you take a look at my lessons for more info.
I am in the process of building the site so will try to add plenty of info everyday so please keep an eye out.
How it works is that I post a blog every night the same as this one with tomorrows pivots on and a report of whats happened today with regards to pivots and Moving averages.
I just felt that i would document it and let you follow or join in with me and see where it all ends up.
I cover three main stocks WTI crude oil, GBP/USD and Copper.
There isn’t any real reason I picked these stocks I just felt three was a reasonable number for me to monitor, i may drop one or two if it’s not playing by the rules but I will persist for a couple of months first.
Day Trading Results WTI Crude Oil
Below we have a snippet from today’s market movement as you can see I have added pivot lines that I have worked out from previous trades.
They are not conventional pivot lines either with different support and resistance levels they are taken from elsewhere and I have my own explanation on how to use them see classroom for more info.
Main markets where quiet as its a national holiday for main trading countries but as you see there are still some opportunities to open a trade.
WTI Crude Oil Pivots for 26/05/2020
| 33.74 | 33.71 |
| 33.01 | 33.47 |
Day trading results GBP/USD 25/05/2020
Below is a snippet of today’s trading trends as you can see it has respected the pivot lines so created a few trading opportunities.
GBP/USD Pivots for 26/05/2020
| 1.21837 | 1.26699 |
| 1.22052 | 1.26770 |
Copper Day Trading Results for 26/05/2020
As you can see from the chart above and my lessons there are some opportunities to open trades on Copper as well today so hopefully a significant gain for all.
| 2.4015 | 2.40583 |
| 2.417 | 2.411 |
Conclusion
Overview of today, I didn’t open any trades today with it being the bank holiday I added some more pages to the website and kept an eye on the markets.
I feel that if you followed the classroom training you should have made some great trades today.
Thanks for having a read and please let me know if you want anything adding or removing.