Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 15 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

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

Quoting safeerAhm
Hi david, I am using your system from the last whole week on one of my small account to test the your system. The reason why I am not using it on demo is because of psychology thing and all that. I found your system amazing and profitable. Here are the results: But the only thing that is making is very concern is placing stop loss and take profit. Especially Stop loss, can u please guide me the how you manage your stop losses? Because I am very concern about stop loss hunting. {image}
If you read the thread, Davit writes it here several times.. also Nitto and others.... Need I say more?
It's not a dream. Chipsa is real!
Quoting Davit
I have taken many 3k account start to 25k in 2months. Its doable.
That is impressive

Would love to be able to do that. I'm not there yet to put up so much risk. Not that confident
Quoting Davit
{quote} Just remember you got lot of months left until year's end to make your account grow and grow well.I know it sucks but you must get over it quickly!
Thanks, I've recovered from it tonight. Because it wasn't the system's fault, it was mine. Because in all the time I've been watching, there hasn't been a move of about 500pip from the 61/100 level... That's reassuring. And as you write, there will be many opportunities before the end of the year...

Why are we falling? To get up!

It's not a dream. Chipsa is real!

!!!Important news this week !!!


Tuesday - AUD -Cash Rate


Wednesday - USD - Federal Funds Rate


Thursday - EUR - Main Refinancing Rate


Friday - USD - Non-Farm Employment Change



We'll see if the market sets it up a little differently, maybe just short term, or if it's just a jump and fall...



Everyone have a good start to the week and some beer money.

It's not a dream. Chipsa is real!
Quoting John Chipsa
!!!Important news this week !!! Tuesday - AUD -Cash Rate Wednesday - USD - Federal Funds Rate Thursday - EUR - Main Refinancing Rate Friday - USD - Non-Farm Employment Change We'll see if the market sets it up a little differently, maybe just short term, or if it's just a jump and fall... Everyone have a good start to the week and some beer money.
jpy already at good level. waiting for news to give push in.

very volatile week ahead imo, trade safe
Quoting maxcapital
{quote} jpy already at good level. waiting for news to give push in. very volatile week ahead imo, trade safe
On it already
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM5.0.png Size: 19 KB
Nothing is impossible - IHS
Shorting EJ and looking to add EC as well.Right now EC going up so waiting.

Its very possible almost certain ECB rate will be either No action or modest .25 raise not dramatic .50
Market has priced in .50 therefore .25 or no action will sent Euro pairs down in crashing manner

Feds either no action or .25
Already lot of big stores closing, House prices down and sales down, car sales down. If Feds push on rates recession is basically guaranteed then they will start cutting.
US economy is at critical stage.
I think FEds made a mistake waiting too long to raise rates and when they started economy has become fragile.

I am certain this fly off Biden administration pumping over 450billion on Ukraine war and still no end in sight.Biden will go in history as one of the worst presidents in last 100yrs
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
Shorting EJ and looking to add EC as well.Right now EC going up so waiting. Its very possible almost certain ECB rate will be either No action or modest .25 raise not dramatic .50 Market has priced in .50 therefore .25 or no action will sent Euro pairs down in crashing manner Feds either no action or .25 Already lot of big stores closing, House prices down and sales down, car sales down. If Feds push on rates recession is basically guaranteed then they will start cutting. US economy is at critical stage. I think FEds made a mistake waiting too long...
He sure thinks he's doing a great job, he's (well Obama and Clinton) running again "to finish the job" as he states.
That job is to destroy the US completely. I think he is actually doing exactly what he set out to do.
AU from last week patience paid off. Just gotta determine when to get out now
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
First republic bank being buy out by JP Morgan probably isn't helping the US dollar. Its the 4th US bank failure now. Though it is old news, market might still react to it.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
the highest point comes before the fall
Quoting sh3n
First republic bank being buy out by JP Morgan probably isn't helping the US dollar. Its the 4th US bank failure now. Though it is old news, market might still react to it.
NOPE - Market don't care...
closed my AU, leaving 1 position to run.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
the highest point comes before the fall
Quoting Davit
Shorting EJ and looking to add EC as well
I am in the same boat, heavy on EC and some EJ. It's always harder to determine the exit point than the entry point. EC is currently around the Monthly Pivot line, and I'm not fond of its position. However, it's highly probable that S100 will be reached this week. What do you think Devit?
Quoting pipmaster77
{quote} He sure thinks he's doing a great job, he's (well Obama and Clinton) running again "to finish the job" as he states. That job is to destroy the US completely. I think he is actually doing exactly what he set out to do.
He will not finish the "job" according to this man:
https://www.nbcnews.com/politics/202...ears-rcna81740
every Saint has a past. Every Sinner has a Future
Quoting turnip15
{quote} He will not finish the "job" according to this man: https://www.nbcnews.com/politics/202...ears-rcna81740
Well, the good news is President Harris will do a fine job.. She is more than qualified. I don't think most people realize what they did to this country when they cast that vote back in 2020. Although, we cannot blame all of them as a good % were dead.
Quoting pipmaster77
{quote} Well, the good news is President Harris will do a fine job.. She is more than qualified. I don't think most people realize what they did to this country when they cast that vote back in 2020. Although, we cannot blame all of them as a good % were dead.
KEEP THIS THREAD CLEAN
Quoting Davit
Shorting EJ and looking to add EC as well.Right now EC going up so waiting. Its very possible almost certain ECB rate will be either No action or modest .25 raise not dramatic .50 Market has priced in .50 therefore .25 or no action will sent Euro pairs down in crashing manner Feds either no action or .25 Already lot of big stores closing, House prices down and sales down, car sales down. If Feds push on rates recession is basically guaranteed then they will start cutting. US economy is at critical stage. I think FEds made a mistake waiting too long...
KEEP THIS THREAD CLEAN
3 traders viewing now