Folks as part of the DynoTrading tradition, we always stop trading right before Xmas and take the rest of the year off to enjoy the holidays.
As part of this tradition (and frankly speaking partly to entertain ourselves) we always send our favorite trading setups for the New Year
Some years they take the form of Pivot Points/Pivot Point Indicator , my personal favorite…and other years they take the form of Trendlines
This year we did both.
Take a look at the following Pivot Points (marked in red arrows)
as well as the Trendline (marked in blue line)
NOW TO PROVIDE SOME CONTEXT, THIS WAS SENT TO EVERY SINGLE ONE OF OUR CUSTOMERS EXACTLY ON DECEMBER 22 2017
So what was the result of that trade?
Exactly 1 Month later (January 27 2018) and as part of my Monthly recap here is that trade…again based purely on nothing but Pivot Points indicators and Trendlines:
Why do traders continue to doubt the Power of Trading Without Indicators?