Key Pivot play’s
Posted by Cire2222 on Jun 23, 2008
A couple of you have been asking me for the next key pivot play. I know there has not been one for a couple weeks but we must be patient and not force plays. Gold was so close to a key pivot set up today but fell to fast in one day for a low risk Key pivot play. Good news is, We may have a set up in the S&P soon depending on how the market trades tomorrow.
There is a Key pivot entry set up in the EUR/USD forex pair, for the entry see the chart on my last blog post below, it is a break of todays lows (1.5468) this must happen Tuesday for the trigger to be valid. I will not be playing it in typical Key pivot play fashion as I am already short based on some other set ups I have posted in the blog about. 1.5220 is a solid target on this play, 1.5120 for a more aggressive trader. I will not be tracking the Euro play in the Track record section.
