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Pivot Trading

  • #12,901
  • Nov 10, 2017 6:06am Nov 10, 2017 6:06am
more of a reason to keep GU longs
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In trading, you have to be defensive and aggressive at the same time
  • #12,902
  • Nov 10, 2017 6:16am Nov 10, 2017 6:16am
closed GU on spike
Very likely to drop down 3150 again for possible re load
+883
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In trading, you have to be defensive and aggressive at the same time
  • #12,903
  • Nov 10, 2017 6:18am Nov 10, 2017 6:18am
Let the hate party begin
70-0
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In trading, you have to be defensive and aggressive at the same time
  • #12,904
  • Nov 10, 2017 6:49am Nov 10, 2017 6:49am
Quoting Davit
Let the hate party begin 70-0 {image}
Nice!
  • #12,905
  • Nov 10, 2017 6:51am Nov 10, 2017 6:51am
Fantastic results Davit very inspirational !

Here is my trade on UC from this morning. I saw PA staling around the 61S and decided to take some very small long position.

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I took another trade this week on EC but I found myself closing it way too soon. I have difficulty at letting my trades run. I get scared that it will reverse fast on me...
  • #12,906
  • Nov 10, 2017 6:57am Nov 10, 2017 6:57am
Quoting sonseeker
{quote} Nice!
Fantastic achievement Davit well done and well deserved
  • #12,907
  • Nov 10, 2017 6:58am Nov 10, 2017 6:58am
UOB Research maintains a bullish outlook on AUD/USD mainly on the ground of expecting further recovery in the commodity prices space.
"Currently, we have a positive view in industrial metals complex, led by Copper and positive view in the energy complex, led by Brent crude oil...
Given that Australia is a key industrial and bulk commodities exporter, the AUD/USD will eventually benefit from the recent recovery in the commodities space.
Hence, going forward, with the RBA widely expected to stay on hold, the on-going recovery in commodity prices will take over as the key driver for AUD/USD," UOB argues.
"As such, we maintain our positive outlook for AUD/USD, driven mainly by expectations of further strength in key commodities prices. " UOB concludes.
UOB current forecast for AUD/USD is 0.81 for 4Q17.
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #12,908
  • Nov 10, 2017 7:05am Nov 10, 2017 7:05am
Quoting thedrrew
Fantastic results Davit very inspirational ! Here is my trade on UC from this morning. I saw PA staling around the 61S and decided to take some very small long position. {image} I took another trade this week on EC but I found myself closing it way too soon. I have difficulty at letting my trades run. I get scared that it will reverse fast on me...
when you are scared in trading there are some reasons.
1. position too big vs account size (reduce small until you are relax)
2.lack of experiance (lots of material on clipboad here plus videos by MD and suggestion reading from page 1)
3.insufficient understanding of trading psychology (read 2)

you got to work on yourself
In trading, you have to be defensive and aggressive at the same time
  • #12,909
  • Nov 10, 2017 7:07am Nov 10, 2017 7:07am
Quoting Davit
Let the hate party begin 70-0 {image}
I have been on this thread for a while, and I can confidently say that Davit's calls on potential trades is spot on over 95% of the time. It still amaze me, how someone has a good and simple blend of sentiments/fundamentals and technicals... Awesome Davit .
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #12,910
  • Nov 10, 2017 7:10am Nov 10, 2017 7:10am
BITCOIN
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  • #12,911
  • Nov 10, 2017 7:10am Nov 10, 2017 7:10am
growing legs on UJ 10 positions
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In trading, you have to be defensive and aggressive at the same time
  • #12,912
  • Nov 10, 2017 7:10am Nov 10, 2017 7:10am
GBPCAD
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  • #12,913
  • Nov 10, 2017 7:12am Nov 10, 2017 7:12am
Quoting fibo38
BITCOIN {image}
this thing is like bloated pig full of air.great job!
In trading, you have to be defensive and aggressive at the same time
  • #12,914
  • Nov 10, 2017 7:13am Nov 10, 2017 7:13am
Quoting Davit
{quote} this thing is like bloated pig full of air.great job!
  • #12,915
  • Nov 10, 2017 7:13am Nov 10, 2017 7:13am
Quoting Davit
{quote} when you are scared in trading there are some reasons. 1. position too big vs account size (reduce small until you are relax) 2.lack of experiance (lots of material on clipboad here plus videos by MD and suggestion reading from page 1) 3.insufficient understanding of trading psychology (read 2) you got to work on yourself
Thanks for the feedback. I attribute this issue with my long term relationship with scalping... That is the main reason I am here now. It is to learn a true method which does not require me to be on the hedge of my seat all the time. Scalping was killing me a little more everyday.

I need to change my mindset. Which is why I have 3 x 0.01 lot on my UC this morning and plan to put a maximum of 0.10 lot total on it. And most importantly, I'll try to let it run.
  • #12,916
  • Nov 10, 2017 7:14am Nov 10, 2017 7:14am
AC chart I posted few hours ego and check it out now
Its magic! Ignore the idiots,morons keep yourself focused.Just because you can't trade Pivots does not mean they don't work!
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In trading, you have to be defensive and aggressive at the same time
  • #12,917
  • Nov 10, 2017 7:19am Nov 10, 2017 7:19am
Quoting Davit
still waiting for this to grow legs {image}

on it as well for the last day and a half. takes a bit to develop
The only thing that will make us successful is if we can control ourselves!
  • #12,918
  • Nov 10, 2017 7:19am Nov 10, 2017 7:19am
Quoting lordgbengs
{quote} I have been on this thread for a while, and I can confidently say that Davit's calls on potential trades is spot on over 95% of the time. It still amaze me, how someone has a good and simple blend of sentiments/fundamentals and technicals... Awesome Davit .
thanks buddy means a lot
In trading, you have to be defensive and aggressive at the same time
  • #12,919
  • Nov 10, 2017 7:20am Nov 10, 2017 7:20am
Quoting Davit
Let the hate party begin 70-0 {image}
Only failed and clueless traders will criticise you.
Your method works for you and many who are patient enough to follow you. You have absolutely nothing to prove to anyone.
None the wiser!
  • #12,920
  • Nov 10, 2017 7:24am Nov 10, 2017 7:24am
Quoting FxClown
{quote} Only failed and clueless traders will criticise you. Your method works for you and many who are patient enough to follow you. You have absolutely nothing to prove to anyone.
thank you Its after many painful lessons learned that everything came together the Pivots,low gearing,multiple entries in my opinion its formidable way to trade.
In trading, you have to be defensive and aggressive at the same time
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