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Pivot Trading

  • #36,861
  • May 4, 2020 6:47am May 4, 2020 6:47am
This data for NZD is not relevant. Data is only measured until End of 03/2020.
Actual figures are much more higher.
The same is for AUD.

Likely short AUD and NZD.
Renko
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  • #36,862
  • May 4, 2020 9:56am May 4, 2020 9:56am
Quoting milicentfx
{quote} Here is a PDF of rotator cuff rehab exercises without surgery. I have a video of these but cant figure out how to get it to you. Its 15 megs so too big to link. It has been taken down from the web. Hope these can help you {image}
Thank you friend.Some of the basic exercises I can do but 70% of them too painful for me now.
Thank you again
In trading, you have to be defensive and aggressive at the same time
  • #36,863
  • May 4, 2020 10:07am May 4, 2020 10:07am
Still short on UC GC no new trades
In trading, you have to be defensive and aggressive at the same time
  • #36,864
  • May 4, 2020 10:09am May 4, 2020 10:09am
Quoting Davit
GM guys wow Did not expect such heavy selling off of CAD (1st of the month big boys unloading) GC EC solid shorts now.Out of margin but EC looks yummy Its basically zero risk level and advise going large here.You hit it hard when it counts 1.55 is bargain
EC 5375whoever took this trade
In trading, you have to be defensive and aggressive at the same time
  • #36,865
  • May 4, 2020 10:18am May 4, 2020 10:18am
Did not want too many CAD positions but CJ looked great.Classic Pivot set up
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In trading, you have to be defensive and aggressive at the same time
  • #36,866
  • May 4, 2020 10:24am May 4, 2020 10:24am
Quoting ppxdf
{quote} zero % for aud? https://www.asx.com.au/prices/targetratetracker.htm probably with 62% chance ? https://www.asx.com.au/prices/targetratetracker.htm last 2 week, i see COT report pointing out SHORT increasing and the price going north. let see lol. {image}
I dont think rate is anymore fundamental driving force not until virus takes back seat.Covid19 easing and economy picking up more important factor.
regards
In trading, you have to be defensive and aggressive at the same time
  • #36,867
  • May 4, 2020 10:45am May 4, 2020 10:45am
Quoting Davit
Still short on UC GC no new trades
Short on UC as well. Nice set up on GC last night (UK time). Normally, don’t touch GBP pair as per your recommendation. Managed to get 50 pips.

Still closing my positions early . Will improve with more screen time and experience. Green pips nevertheless.

Green pips to all.
  • #36,868
  • May 4, 2020 11:13am May 4, 2020 11:13am
Quoting chahal
{quote} Short on UC as well. Nice set up on GC last night (UK time). Normally, don’t touch GBP pair as per your recommendation. Managed to get 50 pips. Still closing my positions early . Will improve with more screen time and experience. Green pips nevertheless. Green pips to all.
I prefer GC EG GU but not GA GJ

G pairs specially crosses take huge margins why I dont recommend it.
green pips
In trading, you have to be defensive and aggressive at the same time
  • #36,869
  • May 4, 2020 11:19am May 4, 2020 11:19am
Quoting Davit
{quote} EC 5375whoever took this trade
My Dear Brother, Friend Davit get well soon , you are in my prayer ,wish you quick recovery Brother

i took some from EC today 104$ + ,here is my result .,

due to my bad health condition including Fatigue and
Pain in the upper right abdomen i cant do my work properly
thats why i am unable to focus on market most of the time ,but still hoping for the best ,

(Mastering trading is like mastering anything else.Requires work! -- Davit)

my best wish and love always for you and for your family from my heart ,
take care Brother
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  • #36,870
  • May 4, 2020 11:30am May 4, 2020 11:30am
Quoting mmhasan
{quote} My Dear Brother, Friend Davit get well soon , you are in my prayer ,wish you quick recovery Brother i took some from EC today 104$ + ,here is my result ., due to my bad health condition including Fatigue and Pain in the upper right abdomen i cant do my work properly thats why i am unable to focus on market most of the time ,but still hoping for the best , (Mastering trading is like mastering anything else.Requires work! -- Davit) my best wish and love always for you and for your family from my heart , take care Brother ...
Thank you for your prayers!very nice gain my friend!You keep doing System trades your account will bounce back!Wish you better health!most important now

I know lot of people lost money on AUD spike last month.Most important thing is keep positive and take one good trade after another you will recover and exceed the loss.System works! one bad trade does not negate it.Once you develop trading skills its yours for life.You can't just forget it.Much like playing guitar becomes physical memory. This is the real reason I have no fear in trading because I trust my skill set.I know I can take 2k to 10k in short time and know I can build on 10k to solid foundation account.Why I dont worry about money.
In trading, you have to be defensive and aggressive at the same time
  • #36,871
  • May 4, 2020 11:54am May 4, 2020 11:54am
Quoting Davit
{quote} I prefer GC EG GU but not GA GJ G pairs specially crosses take huge margins why I dont recommend it. green pips
This because the CFTC only gives 20:1 on GBP, plus you're 1.25 to the USD.
  • #36,872
  • May 4, 2020 12:05pm May 4, 2020 12:05pm
Quoting pipmaster77
{quote} This because the CFTC only gives 20:1 on GBP, plus you're 1.25 to the USD.
agree same position on GC I could of added more lots on EC and still have more margin left.I need to be more selective in the future.
In trading, you have to be defensive and aggressive at the same time
  • #36,873
  • May 4, 2020 1:40pm May 4, 2020 1:40pm
Some quick gains shorting EN today - 1.05% account growth, double my daily target
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  • #36,874
  • May 4, 2020 5:43pm May 4, 2020 5:43pm
Quoting Davit
{quote} I dont think rate is anymore fundamental driving force not until virus takes back seat.Covid19 easing and economy picking up more important factor. regards
I concur.

RBA Preview: Markets looking for forecasts, not action

https://www.fxstreet.com/analysis/rb...n-202005040119
Invest in Life
  • #36,875
  • Edited 6:51pm May 4, 2020 6:33pm | Edited 6:51pm
I am looking forward for AUD spike in my favor.Its been spiky currency of late
Good chance AN AC plummet down.In greater context AUD appreciation baffled me and still does.Personally dont think there is merit in it other then MM hitting stops.So I think it should fly back 63 where it should belong now.
Kind of regret closing my short which was at 6490....Should of let it run longer

For inspiration of overcoming adversary.Miguel Duhamel IMO one of the best if not the best motorcycle racer. He asked to race with broken leg in cast and they had to tape his leg to the bike and still won. One of the races he crashes flips over then runs over picks the bike up and continues to race.
Just amazing.I find lots of trading inspiration on moto racers...Overcoming challenges!
Inserted Video
In trading, you have to be defensive and aggressive at the same time
  • #36,876
  • May 4, 2020 6:39pm May 4, 2020 6:39pm
Quoting Davit
I am looking forward for AUD spike in my favor.Its been spiky currency of late Good chance AN AC plummet down
I have incorporated weekly pivots showing the previous weeks like cryptosurf and a trading strategy made by Pokerchip could JailHouse system. There is huge similarities in both methodology’s even thou they entail different styles how the play this game.

All the Aussie pairs are at reversals now and should expect the Aussie to be losing steam over next couple of weeks.
  • #36,877
  • May 4, 2020 7:11pm May 4, 2020 7:11pm
Quoting RieseP
{quote} I have incorporated weekly pivots showing the previous weeks like cryptosurf and a trading strategy made by Pokerchip could JailHouse system. There is huge similarities in both methodology’s even thou they entail different styles how the play this game. All the Aussie pairs are at reversals now and should expect the Aussie to be losing steam over next couple of weeks.
Major difference PC does not trade range but I do.
In trading, you have to be defensive and aggressive at the same time
  • #36,878
  • May 4, 2020 7:29pm May 4, 2020 7:29pm
Quoting Davit
{quote} Major difference PC does not trade range but I do.
That’s correct Davit. He wait for price to break out the range. What I will say is added bonus is I know that price will more then likely break through the outer zones and continue which keeps me out bad trades.

both styles systems has it advantages and disadvantages but trading isn’t perfect. A real good trader will make good with the tools he has been given. I would say I learned how to really trade using pivots and then I tweaked using principles from PC.

Isnt that what trading is about expanding our knowledge to give us a edge. Not being close minded. You and PC trading style are designed to not get trapped by MM.

Trading is a Art and as artist it’s right to express.

Get well soon Davit and stay safe
  • #36,879
  • May 5, 2020 6:32am May 5, 2020 6:32am
Quoting Davit
{quote} Thank you for your prayers!very nice gain my friend!You keep doing System trades your account will bounce back!Wish you better health!most important now I know lot of people lost money on AUD spike last month.Most important thing is keep positive and take one good trade after another you will recover and exceed the loss.System works! one bad trade does not negate it.Once you develop trading skills its yours for life.You can't just forget it.Much like playing guitar becomes physical memory. This is the real reason...
My dear Brother,Friend Davit thank you so much from my heart for everything,
your words means a lot to me ,
Grateful to you always

You've teach us and share from your experience everything in one place to help me and many others to become a disciplined trader .
System works and i am surviving just following your Pivot Trading rules consciously,
I've realized that in Trading and in real life trials and errors did not come to punish us ,that unexpected event actually help us to become more conscious to awaken our soul.

now i've learn to
forgive myself and move on ,
whatever difficulties come that causes changes and most of the time its hurts ,and hard as well ,
but in the end when we learn to accept the thing then everything happen for the best ,

(Edge can be shared but execution depends on you hence why knowing it is not enough. - Davit )

took some from UC today ,115$ + ,

Take care and stay safe my Brother,Friend Davit

take care all Pivot Traders ,
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  • #36,880
  • Edited 11:18am May 5, 2020 6:52am | Edited 11:18am
Waiting to buy EJ on S61. Will use hard SL due to news

Edit: Sell limit deleted because i'm in another trade
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