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Weekly Pivot trading with TDI

Quoting groper
UJ being rejected from long term support with PA to confirm; {image} {image}
Just closed a short counter trend on UJ for 2:1 profit
I'm watching GU
30min chart break downtrend line and make HH. interesting
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See guys, like Davit said, market dumping dollar ahead of NFP. Nothing new here. Those who in UJ sell, good job. Congrats from me
Quoting Merka
{quote} Just closed a short counter trend on UJ for 2:1 profit
I've just begun to add))
Quoting groper
UJ being rejected from long term support with PA to confirm; {image} {image}
I'm too on UJ short. Probably I shorted it too early, have to work a lot on patience & FOMO side.
Yesterday I already closed part of my position when PA reached my predefined equity SL% leaving the rest open.
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Porta itineris dicitur longissima esse
UJ and CJ both are going very well
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Quoting antisystem
{quote} I've just begun to add))
Till where do you want to short?
PP or S38 or S78?
GBPAUD bearish crab pattern forming . 1.618 of XA leg has not been touched yet. 3.618 of BC has completed at price 1.83142.
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Quoting Merka
{quote} Till where do you want to short? PP or S38 or S78?
First problem area may occur at PP. If it breaks PP, then ideally I want price to fall to S100.
No target yet.
Let's see what market will do.
Trade Manager closed on trailing stop my UC long. Then after a congestion pair went up again. TS is the insurance amount you pay to not turn a profit into a loss, in this case it reduced gain, other times it can save you. So in the end everyone has to choose what suits better his own psychology.
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Porta itineris dicitur longissima esse
Just put in a buy on AC..
If you can't play golf you have a job, if you can't trade you play golf...
Quoting fxbarwise
Some nice profits on EN - one position still open. {image}
Final position on EN closed with a handsome profit +222 pips.
If you can't play golf you have a job, if you can't trade you play golf...
AUDUSD
is really very overextended and now almost hitting S161
Quoting Davit
watch EN guys nice level Starting a new job in 5hrs.I'll be working early morning and finish around 4pm. Which means NY open can't be traded also I must sleep early so I can get up at 5am means can't trade London either which leaves me with uneventful Asian period... Going to have to rethink everything in terms of placing trades.
Why change jobs when 100K is so near? Don't do it
Quoting bubincka
Trade Manager closed on trailing stop my UC long. Then after a congestion pair went up again. TS is the insurance amount you pay to not turn a profit into a loss, in this case it reduced gain, other times it can save you. So in the end everyone has to choose what suits better his own psychology. {image}
I closed my UC longs too. Also closed AU long positions, tired to watch price falling & falling) I'll wait for better opportunity.
Talking about losses. Here is the example that many members mentioned. My profit on UC covered loss on AU & in the end I'm in profit
I have a very strong feeling I take profit too early. I have to find the time to test bigger TP levels opening a demo account for this purpose. Anyway settings on my trade manager closed my CJ short trade.
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Porta itineris dicitur longissima esse
Quoting bubincka
I have a very strong feeling I take profit too early. I have to find the time to test bigger TP levels opening a demo account for this purpose. Anyway settings on my trade manager closed my CJ short trade. {image}
I'm still holding. I want to close at WPP or @100 USD profit.
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Quoting armaros
{quote} I'm still holding. I want to close at WPP or @100 USD profit. {image}
Very good for you.
I have delegated my trade management to an EA I have programmed and basically it's settings are TP = SL = 3% and trailing starts at 2.4%.
Manual intervention is rare and reduced to minimum. I'm beginning to think this a point of weakness therefore after collecting more data I could change a little these levels.
Porta itineris dicitur longissima esse
Quoting bubincka
{quote} Very good for you. I have delegated my trade management to an EA I have programmed and basically it's settings are TP = SL = 3% and trailing starts at 2.4%. Manual intervention is rare and reduced to minimum. I'm beginning to think this a point of weakness therefore after collecting more data I could change a little these levels.
Your trailing has worked or TP? If TP you need to take attention how many positions and lots do you open. With higher lot you will reach your TP faster.
Quoting armaros
{quote} Your trailing has worked or TP? If TP you need to take attention how many positions and lots do you open. With higher lot you will reach your TP faster.
It's TP. Probably I have to increase it. As said I need more evidence.
Porta itineris dicitur longissima esse
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