Slow going here. Green though. Keep the winners running, especially since things are pretty slow this morning. (PST)
2
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
!!! This is why it is important to allocate positions, you can come out in profit !!!
DislikedAnalysis of GBP/AUD 1 - Exceeding ADR Hight. 2 - Exceeding TDI 68 + WR61 + 3 - ADR HIGH over 100% ( 250%?) Why I stayed in the trade 1 - TDI was slowly declining and not making higher points. 2 - Generally after a move like this it sets up a correction, but we don't know where, that's why I designated WR78. 3 - Too bad I didn't hit the WR138 threshold when the price was already falling, but I wasn't at the PC. 4 - At TF240, TDI was beautifully high and GBP was ready to fall, so I stayed firm. !!! This is why it is important...Ignored
DislikedClosed my trades, since already passed the prop firms challenge. Still a lot to learn. {image}Ignored
DislikedAnalysis of GBP/AUD 1 - Exceeding ADR Hight. 2 - Exceeding TDI 68 + WR61 + 3 - ADR HIGH over 100% ( 250%?) Why I stayed in the trade 1 - TDI was slowly declining and not making higher points. 2 - Generally after a move like this it sets up a correction, but we don't know where, that's why I designated WR78. 3 - Too bad I didn't hit the WR138 threshold when the price was already falling, but I wasn't at the PC. 4 - At TF240, TDI was beautifully high and GBP was ready to fall, so I stayed firm. !!! This is why it is important...Ignored
Disliked{quote} Passed challenge 2, thanks to Pivot strategy. Btw, does anyone have trade report exe for MT5? Mine doesn't show correctly for JPY pairs. Thank you. {image}Ignored
Disliked{quote} Passed challenge 2, thanks to Pivot strategy. Btw, does anyone have trade report exe for MT5? Mine doesn't show correctly for JPY pairs. Thank you. {image}Ignored
Disliked{quote} Try checking with the author's area on Steve Hopwood's site. The tradereport mq4 file shows his name as "renexxx" and he has an area titled "Rene's Stuff" at https://www.stevehopwoodforex.com. (Direct link is https://www.stevehopwoodforex.com/ph...17add19148a3c1) I didn't check for any mt5 stuff, but it might be there.Ignored
Disliked{quote} Is trade report available for MT5 ? I think this indicator is not available at mt5. I looked all over the internet but never find it.Ignored
DislikedAnalysis of GBP/AUD 1 - Exceeding ADR Hight. 2 - Exceeding TDI 68 + WR61 + 3 - ADR HIGH over 100% ( 250%?) Why I stayed in the trade 1 - TDI was slowly declining and not making higher points. 2 - Generally after a move like this it sets up a correction, but we don't know where, that's why I designated WR78. 3 - Too bad I didn't hit the WR138 threshold when the price was already falling, but I wasn't at the PC. 4 - At TF240, TDI was beautifully high and GBP was ready to fall, so I stayed firm. !!! This is why it is important...Ignored
Disliked{quote} {image} Hey John, This is a good example of how important fundamentals are in this system. The pivots give us an edge but technical is not enough. GBP started this week with a bit of confusion but blew that out with strong PMI on Tuesday. I also liked the look of this pair, but AUD has been weaker across the board this week, possibly due to RBA comments suggesting 25bps increase rather than 50bps. AN also hasn't been able to move north, NZD is strong, so no surprise there. Same with USD. Are you familiar with the reference 'low hanging fruit?'...Ignored
DislikedNews analysing is for me the hardest job at all. It is so hard for me from so much news take the relevant one and make a judgement... Do you guys have a tip, how to learn to interpret the news? I try at the moment to write down every time when news appears, how much impact they had and try so to get to a point where I can say, what is important... But its not easy, because sometimes news behaviour is very odd.... I´m absolutely flashed, when I read, how Davit or other nice traders in this thread sometimes interprets the news... This is a loooong...Ignored
Disliked{quote} This is something I am currently tackling as well. I feel the answer lies in studying the fundamentals of the currencies we trade, the journey starts there. What commodities they export, which major trading partners they are dealing with..for example AUD and copper are closely related like CAD and oil..AUD's major trading partner is China and with the recent news about China possibly supplying weapons to Russia (we can kiss globalization goodbye), news like this could affect the currency, and as a matter of fact the entire risk sentiment...Ignored