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Attachments: Pivot Trading
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Pivot Trading

Quoting FxProsper
{quote} So I had to cut 10% of my EG shorts as we spiked north of 0.9000, and then added some more, could not resist the temptation of shorting at such a good price, sure the market can still prove this to be not such a good price, but I think odds are stacking for a significant move lower over the course of the next few months, I might need to hold quite a bit longer than expected, luckily this is on a swap free acc so I am not too bothered. SL around 0.9255, TP around 0.84/5 Goodluck for all of you still holding on to this pair, so crazy stubborn,...
Still short on EUR/GBP, added last short @ around 0.917# , and trimmed about 15% of my total position as we popped above 0.92, will need to cut more if it goes above 0.93, but not too bothered at the moment. Will hold till Dec if I need to and if the market lets me. Odds are only getting higher for the drop the higher EG goes. Still targeting 0.85/4 for a healthy gain.

Good luck to those underwater on this pair, may it reverse soon.

Cheers
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Quoting FxProsper
{quote} Still short on EUR/GBP, added last short @ around 0.917# , and trimmed about 15% of my total position as we popped above 0.92, will need to cut more if it goes above 0.93, but not too bothered at the moment. Will hold till Dec if I need to and if the market lets me. Odds are only getting higher for the drop the higher EG goes. Still targeting 0.85/4 for a healthy gain. Good luck to those underwater on this pair, may it reverse soon. Cheers {image}
Yes I'm in a similar position with multiple short positions (small) since 0.9146. Lets hope we don't get to .93, but I agree , the fall is inevitable if we can hang on. I think there may still be some more to go first, next week will tell. I dont want to have to reduce positions but cant have too much tied up for too long....so that other opportunities are lost
I trade on Ctrader, so chart on MT4 does not show positions.

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its all just one persons opinion....
EURGBP looks to break R200 due to impulse and might settle conservatively around 0.94403/47 and bullish to 1.01426/93 or more...
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heres what i can see EUR/GBP
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EJ already triggered my pending orders and starting to move down a little.

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Patience and Discipline, these are the Holy Grail.
Hey everyone. I think this is a good 300 pip opportunity. Let me know what you think. Its already starting to reject the R38.

Edit - Forgot to say I'm waiting for price to break today's open before I jump in.
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Gentlemen always play by the rules, if they can't, they change them.
GJ update +1300 pips. I figured holding this trade over the weekend until today since there are no High Impact news scheduled until Thursday and Friday.

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Patience and Discipline, these are the Holy Grail.
GBP/CHF long now
EUR/AUG Short now
EUR/GBP Short now
short anyone?
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Quoting marcnathan88
GJ update +1300 pips. I figured holding this trade over the weekend until today since there are no High Impact news scheduled until Thursday and Friday. {image}
Were can i find this theme and indicators?
Quoting frenchy.fx
{quote} Were can i find this theme and indicators?
It's been 1hr and 13mins since you posted your question. You should've found where the indicators and template are if only you were looking for them in the first page of the thread.
Patience and Discipline, these are the Holy Grail.
wish the bloody EUR would drop all ready!!!
Quoting marcnathan88
{quote} It's been 1hr and 13mins since you posted your question. You should've found where the indicators and template are if only you were looking for them in the first page of the thread.
do i need to change any settings if i want to do this on the daily chart?
Quoting solecrusader
{quote} Nice Job 2b or not 2b. Pretty interesting setup building up on XU. Time to wait and watch. I see a lot of pips in the making {image} {image}
The party has just started. With the uncertain USD and the geo political situation, Gold will keep on trending in my opinion. Technicals say the same as well. Went long at the pivot. I am aiming 1340-50
Trade the trend guys, let the trade come to you. Patience is the key.

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Quoting frenchy.fx
{quote} do i need to change any settings if i want to do this on the daily chart?
Nope. No need to.
Patience and Discipline, these are the Holy Grail.
Quoting solecrusader
{quote} keeping the UC short was a good idea. Trend is the friend. {image}
UC still in a downtrend. I shorted UC along the trend line. I believe UC will continue the trend. This week there are few imp CAD news lined up.
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Cheers!
How are guys discovering your take profit levels?
Quoting solecrusader
{quote} UC still in a downtrend. I shorted UC along the trend line. I believe UC will continue the trend. This week there are few imp CAD news lined up. {image} Cheers!
Nice
With the Brexit negotiations still in unknown waters and a strong EURO, i have a bullish outlook on EG. We might see a retrace in the 0.920XX-0.921XX region before price continuing the trend.
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Quoting solecrusader
{quote} The party has just started. With the uncertain USD and the geo political situation, Gold will keep on trending in my opinion. Technicals say the same as well. Went long at the pivot. I am aiming 1340-50 Trade the trend guys, let the trade come to you. Patience is the key. {image}
you must be smiling right now.
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taorobin
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