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Pivot Trading

  • #13,401
  • Nov 27, 2017 7:13am Nov 27, 2017 7:13am
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AN looks like a potential possibility, watching for now..
  • #13,402
  • Nov 27, 2017 9:32am Nov 27, 2017 9:32am
Took a red one -621
Part of my money management.I have cult of haters who accuse me of not taking losses.That's really laughable.I do and that's part of trading.
In fact these individuals follow my every post including months in the past.One erroneously keeps attributing fallacies on me.Its bewildering to me why I have their attention....
Anyway life goes on and haters will hate.
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In trading, you have to be defensive and aggressive at the same time
  • #13,403
  • Nov 27, 2017 9:38am Nov 27, 2017 9:38am
EC may collapse at R61 not far away.
In trading, you have to be defensive and aggressive at the same time
  • #13,404
  • Nov 27, 2017 9:52am Nov 27, 2017 9:52am
This is first trade with this nice system. I noticed that my daily open line input parameter is set at -7. My time zone is gmt +1. I adjusted it to 1. Hope am ok?. Or should it be my brokers time zone?
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John 3:16. Repent Jesus Loves you
  • #13,405
  • Nov 27, 2017 10:10am Nov 27, 2017 10:10am
Quoting ifophia
This is first trade with this nice system. I noticed that my daily open line input parameter is set at -7. My time zone is gmt +1. I adjusted it to 1. Hope am ok?. Or should it be my brokers time zone? {image}
no matter where you live adjust to NY 5pm that's when day closes and new one begins.
regards
In trading, you have to be defensive and aggressive at the same time
  • #13,406
  • Nov 27, 2017 10:41am Nov 27, 2017 10:41am
I was watching it before London and thought it might go up. Didn't take it. But if life gives you lemons ... squeeze apple juice out of them

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  • #13,407
  • Nov 27, 2017 10:43am Nov 27, 2017 10:43am
Quoting Davit
{quote} no matter where you live adjust to NY 5pm that's when day closes and new one begins. regards
Ok noted, NY is 6hrs behind my time zone. I guess i would leave it as before. Default setting.
John 3:16. Repent Jesus Loves you
  • #13,408
  • Nov 27, 2017 11:47am Nov 27, 2017 11:47am
In AC also
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  • #13,409
  • Nov 27, 2017 2:55pm Nov 27, 2017 2:55pm
Quoting Davit
Took a red one -621 Part of my money management.I have cult of haters who accuse me of not taking losses.That's really laughable.I do and that's part of trading. In fact these individuals follow my every post including months in the past.One erroneously keeps attributing fallacies on me.Its bewildering to me why I have their attention.... Anyway life goes on and haters will hate. {image}
how did you get a negative with so many sells?????
just doesn't make sense to me
I will get my head around this, but always can be wrong
  • #13,410
  • Nov 27, 2017 5:55pm Nov 27, 2017 5:55pm
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CJ is moving in the right direction. Thank you Davit for all that you have put together here and for allowing me to learn your system...
  • #13,411
  • Nov 27, 2017 7:03pm Nov 27, 2017 7:03pm
Let see if this one plays out!
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  • #13,412
  • Nov 27, 2017 9:41pm Nov 27, 2017 9:41pm
Quoting nimtrader
{quote} how did you get a negative with so many sells????? just doesn't make sense to me
I had earlier positions which I needed to close entirely. Its fine my loss was $-250 nothing big deal.
In trading, you have to be defensive and aggressive at the same time
  • #13,413
  • Nov 27, 2017 10:19pm Nov 27, 2017 10:19pm
Quoting denisius
Let see if this one plays out! {image}
I start buying it near S100, around 110.10-109.85, if it falls there. Maybe next week or week after.
  • #13,414
  • Nov 27, 2017 10:39pm Nov 27, 2017 10:39pm
Shearing some thoughts on NU.

Best opportunity for going short is near R100 in my opinion. Would enter couple of shorts also near R78 if PA shows some signs of reversal but most likely not, having all those green arrows.

Don't follow this blindly.

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  • #13,415
  • Nov 28, 2017 2:27am Nov 28, 2017 2:27am
now 24+. how to exist?
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John 3:16. Repent Jesus Loves you
  • #13,416
  • Nov 28, 2017 3:20am Nov 28, 2017 3:20am
@ Ifophia
At R78 right now would be a good moment to exit as it was a 2 waves move every time
  • #13,417
  • Nov 28, 2017 3:59am Nov 28, 2017 3:59am
Quoting Davit
{quote} I had earlier positions which I needed to close entirely. Its fine my loss was $-250 nothing big deal.
at least you made some back
I took a glass of concrete and moved onto other fields (patience I will learn one day)
I will get my head around this, but always can be wrong
  • #13,418
  • Nov 28, 2017 4:20am Nov 28, 2017 4:20am
Quoting ifophia
now 24+. how to exist? {image}
Why would you want to board a boat which you do not know how to get off from? Act sane and figure out your entry/exit criteria. This is no tuition class or signal service.
Fall seven times, stand up Eight! #GGMU
  • #13,419
  • Nov 28, 2017 4:25am Nov 28, 2017 4:25am
Yea Davit said something about R78 being a very strong level. it came down 8 pips from R78 from my observation. R78 is strong somehow. am out now
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John 3:16. Repent Jesus Loves you
  • #13,420
  • Nov 28, 2017 4:42am Nov 28, 2017 4:42am
GU.. Let it run..
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Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
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