the only place success comes before work is in the dictionary
Ben2 Return This Year:
40.5%
Open Trade near Pivot line (Pivot Point) 14 replies
Weekly Pivot to Pivot Trading 19 replies
The Pivot Net Revisited (Weekly Pivot Net) 41 replies
Help with daily pivot, weekly pivot on MT4 3 replies
Pivot high - Pivot low MT4 3 replies
DislikedPOINTS I am Considering for next week (NOT COMPLETED YET. I will EDIT IT BY TOMORROW) Mon JPY Policy Rate Japan rate decision:The Bank of Japan has left its negative interest rate of 0.1% unchanged for several years and it also maintains its vast bond-buying scheme. Its most notable change of late has been pledging to keep low rates for as long as necessary. Will it take bolder steps amid stagnating inflation? The chances are slim. Given the recent weakness of the yen, the BOJ will likely keep its powder dry for some time. My Trade Idea: I will...Ignored
Dislikedhttps://www.investopedia.com/article...rrelations.asp A great article about correlation between forex pairs and commodities. I read this article as an refresher for me for next trading week.Ignored
Disliked{quote} Correlation trading may look easy but it requires hard work and often doesn't achieve the desired result. Here is a chart with a correlation indicator. Have fun but my recommendation is to stick to pivot trading since it's a proven strategy that works. {image} {file}Ignored
Disliked{quote} Correlation trading may look easy but it requires hard work and often doesn't achieve the desired result. Here is a chart with a correlation indicator. Have fun but my recommendation is to stick to pivot trading since it's a proven strategy that works. {image} {file}Ignored
Disliked{quote} Hutch, I'm wondering why you posted the correlation indicator here? For those of us who trade pivots, it's an unnecessary distraction and only confuses new traders to this thread. At one point early in my trading I would have downloaded it in desperation as an answer for help for direction, but using weekly pivots for reversals is far more powerful than any lagging indicator. This thread is the most valuable, free, non-lagging information on FF out there. Davit has given his time and insight to all of us without hesitation. Many of us are...Ignored
Disliked{quote} I understand your sentiment. I also keep an eye on a few correlated pairs, knowing weakness in one may show strength in the other. Especially if at key pivot levels (and or PA). The Yen Carry trade has treated me well. Gold reaction can affect across Yen pairs, so i'll keep an eye on them. Example: {image}Ignored
Disliked{quote} I got wind of Yen Carry trade a few years ago when it was frequently mentioned by people I follow on twitter. There's plenty info about it on google. Here's a good article on the yen/gold carry: https://www.goldmoney.com/research/g...ld-performanceIgnored