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Pivot Trading

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  • Post #41,761
  • Quote
  • Edited 11:29am Jan 31, 2023 11:18am | Edited 11:29am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
What a beautiful day!
Day harvest!
If you didn't make money today then you were not looking!I am giving myself props for sticking for an entire move! on EC and UC
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In trading, you have to be defensive and aggressive at the same time
 
11
  • Post #41,762
  • Quote
  • Jan 31, 2023 11:23am Jan 31, 2023 11:23am
  •  apples1978
  • Joined Jun 2021 | Status: Member | 361 Posts
Hav a EG open. R38 and High Adr.
Pip Student
 
2
  • Post #41,763
  • Quote
  • Jan 31, 2023 11:30am Jan 31, 2023 11:30am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
9183-9180 AJ look to short possible if PA agrees
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In trading, you have to be defensive and aggressive at the same time
 
5
  • Post #41,764
  • Quote
  • Jan 31, 2023 11:49am Jan 31, 2023 11:49am
  •  MuniFX
  • Joined Mar 2015 | Status: I am happy! | 146 Posts
Today was like harvesting a moneytree with lots of low hanging fruits.
Happy days!
Muni loves you all!
 
5
  • Post #41,765
  • Quote
  • Jan 31, 2023 11:53am Jan 31, 2023 11:53am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 1,010 Posts
My my my,

USD news red and price is below the daily open. Then the news was already factored in and MM is taking profits now, hence me buying then.

Regards
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Nothing is impossible - IHS
 
 
  • Post #41,766
  • Quote
  • Jan 31, 2023 11:54am Jan 31, 2023 11:54am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
Watch NZD today (prime suspect AN) my bias is short on AN
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In trading, you have to be defensive and aggressive at the same time
 
3
  • Post #41,767
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  • Jan 31, 2023 12:02pm Jan 31, 2023 12:02pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
Quoting Egbert
Disliked
My my my, USD news red and price is below the daily open. Then the news was already factored in and MM is taking profits now, hence me buying then. Regards {image}
Ignored
EG is far better trade shorting.

Sorry friend all I see Price struggling to go higher where you entered.
Looks like you are forcing trades or I am totally wrong
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In trading, you have to be defensive and aggressive at the same time
 
2
  • Post #41,768
  • Quote
  • Jan 31, 2023 1:26pm Jan 31, 2023 1:26pm
  •  John Chipsa
  • Joined Apr 2013 | Status: JCH | 278 Posts
Quoting Davit
Disliked
What a beautiful day! Day harvest! If you didn't make money today then you were not looking!I am giving myself props for sticking for an entire move! on EC and UC
Ignored
Damn Davit, the results, the lottery, you're a demon :-)
It's not a dream. Chipsa is real!
 
1
  • Post #41,769
  • Quote
  • Jan 31, 2023 1:53pm Jan 31, 2023 1:53pm
  •  John Chipsa
  • Joined Apr 2013 | Status: JCH | 278 Posts
Day one 31/1/2023
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Too bad TP wasn't PIVOT, it's exactly what Davit addressed here. I don't know how to make the counter pop up as well, like the first trade :-( But I'll post a spreadsheet.
I'm satisfied.

P.S. Be aware that a better and profitable system sets up as Davit describes in the manual (I put in the attachment) From one position make multiple smaller ones, it is mainly about the average, then even from a losing trade you can make a profitable one.

!!! Read if someone has already taken the trouble to do it. !!!

Attached File(s)
File Type: pdf Pivot Trading with TDI (2).pdf   3.7 MB | 308 downloads

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It's not a dream. Chipsa is real!
 
4
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  • wyattrcw
  • Post #41,771
  • Quote
  • Jan 31, 2023 5:59pm Jan 31, 2023 5:59pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
NEW Zealand numbers were red but only slightly. I anticipate deflation coming. I think and I could be wrong AUD rate hike is already priced in on most AUD pairs

Closed AJ in minor gain.Still have EG short running
In trading, you have to be defensive and aggressive at the same time
 
1
  • Post #41,772
  • Quote
  • Jan 31, 2023 6:00pm Jan 31, 2023 6:00pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
Quoting John Chipsa
Disliked
{quote} Damn Davit, the results, the lottery, you're a demon :-)
Ignored
Account growing beautifully and I am switching the gears up a bit
In trading, you have to be defensive and aggressive at the same time
 
3
  • Post #41,773
  • Quote
  • Jan 31, 2023 9:32pm Jan 31, 2023 9:32pm
  •  Egbert
  • Joined Aug 2017 | Status: Member | 1,010 Posts
Davit,

If I remember you said before we enter a trade we have to look at the ADR for price to be overstreched?

Regards.
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Nothing is impossible - IHS
 
1
  • Post #41,774
  • Quote
  • Jan 31, 2023 9:41pm Jan 31, 2023 9:41pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
Quoting Egbert
Disliked
Davit, If I remember you said before we enter a trade we have to look at the ADR for price to be overstreched? Regards. {image}
Ignored
ADR trade can be independent of Pivots. I dont recall saying it has to be overstretched
Its another road sign
In trading, you have to be defensive and aggressive at the same time
 
1
  • Post #41,775
  • Quote
  • Jan 31, 2023 9:45pm Jan 31, 2023 9:45pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,193 Posts
Hi guys
Going to wait to see how London proceeds.With Feds in the cards there is big prospect USD gaining further example EU testing 8 NU dropping below 64,AU below 7 etc
so I'll say dont be early bird.Wait and let the market help you pave the way for best trades.
One of the hardest thing in trading to master is patience. Better to have no trades then have drawdown
In trading, you have to be defensive and aggressive at the same time
 
5
  • Post #41,776
  • Quote
  • Jan 31, 2023 9:52pm Jan 31, 2023 9:52pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 2,604 Posts
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In GBPCAD
 
2
  • Post #41,777
  • Quote
  • Jan 31, 2023 10:07pm Jan 31, 2023 10:07pm
  •  FXgunner1969
  • | Joined May 2016 | Status: Member | 56 Posts
Quoting Pivoter
Disliked
{quote} could be an aggressive case {image}
Ignored
Hi Pivoter, can you share your weekly FIBO pivot indicator? thanks!
 
 
  • Post #41,778
  • Quote
  • Feb 1, 2023 2:14am Feb 1, 2023 2:14am
  •  nittohanns
  • Joined Mar 2019 | Status: Member | 252 Posts
In UC
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Successful trading is intrinsic to risk management and discipline
 
6
  • Post #41,779
  • Quote
  • Feb 1, 2023 2:55am Feb 1, 2023 2:55am
  •  nittohanns
  • Joined Mar 2019 | Status: Member | 252 Posts
Short AN
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Successful trading is intrinsic to risk management and discipline
 
2
  • Post #41,780
  • Quote
  • Feb 1, 2023 7:10am Feb 1, 2023 7:10am
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 459 Posts
Quoting FXgunner1969
Disliked
{quote} Hallo Pivoter, können Sie Ihren wöchentlichen FIBO-Pivot-Indikator teilen? danke!
Ignored
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the highest point comes before the fall
 
 
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