Since the yearly R1 pivot point was the high this year on July crude oil, and the price is now below the yearly Pivot(P), the next support area is the yearly S1 pivot point at $82.95.
Moving Averages, Pivot Points and Gaps
About Me
- Jeff York
- Aka: Pivot Power, Pivot Guy, mtn.guy
- Trading is a visual game. Buy support and sell resistance. In my 17 years as a trader, I've learned where support and resistance using a combination of MPG. I take Pivot Point analysis to a another level. Join my new Pivotalpivots.com Alert service. Follow me on Twitter @mpgtrader. Or click on the MPG Trading link below, and join myself and other MPG Traders live(during market hours).
Recent Tweets
My Favorite Links
- Bloomberg News
- Bradley model
- ChartTreker charting 4 iPad
- Commodity charts
- FreeStockCharts.com
- Geomagnetic storms and the Stock market by the Atlanta Federal Reserve
- Merriman - Financial astrology
- MyPivots.com
- Pivot Farm
- Pivot Point calculator
- Pivot Point definition
- Pivot Points History
- the Cardinal Climax 2008 - 2016
My Trading Rules
1) Protect your capital
2) see rule #1
3) don't trade what you think, just trade what the charts say
4) use stops on all orders
5) never let a winner turn into a loser
6) never buy R2
7) never short S2
8) 3 losing trades in a row= strike 3.......shut down the computer for the day. Something is wrong in my head!
2) see rule #1
3) don't trade what you think, just trade what the charts say
4) use stops on all orders
5) never let a winner turn into a loser
6) never buy R2
7) never short S2
8) 3 losing trades in a row= strike 3.......shut down the computer for the day. Something is wrong in my head!
9) buy double bottoms & sell double tops
My favorite books on trading
- Secrets of a Pivot Boss - Franklin Ochoa
- The Disciplined Trader and Trading in the Zone - Mark Douglas
- Reading price charts bar by bar - Al Brooks
- High Profit candlestick patterns - Steve Bigelow
- Enhancing Trader Performance - Dr. Brett SteenBarger
- Candlestick and Pivot Point trading triggers - John Person
Blog Archive
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2012
(147)
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May
(27)
- Crude oil support
- Euro yearly support pivots
- U.S. Dollar index close to resistance
- S&P MS3 pivot caught the fall
- NDX Ms3 caught the fall
- Crude oil Yr1 to YS1?
- DJIA 1,000 point fall
- Ford Monthly S2
- Groupon YDMH - YDML
- Gold on yearly DML
- U.S. Dollar index at MR3
- CLN2 held the YPP
- S&P YH4 to YH3
- Crude oil on YPP support
- JPM on support
- Opex week
- IBM YH4 to YH3
- Gold Futs on monthly S2
- Demarks monthly pivots in control
- S&P Camarilla YH4 to YH3 pivot points
- DJIA YR1 to YPP?
- 12700 needs to hold
- Ford 1000 day moving average
- Apple not looking good
- Yearly R1 pivot point is still da boss
- Look out below.... Joe!
- Natty looking bullish
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May
(27)
Disclaimer:
Investing and Trading involves significant financial risk and is not suitable for everyone. This blog should not be considered as financial or trading advice. All information is intended for Entertaiment Purposes Only.