My Price Action with FIFO, PVSRA, TDI, Fib and EMA Indicators!

+58.0 EN:



Now, I am waiting for a Retraces (RT) back into the 61R-100% Zone, then shorting again with any Pullbacks (PBs) out of the Zone, and stopping as I get too close to R38. If the WP is past, then the Bears are in better control until the S61-100% where the Buyers-Bulls live.

Thu 3/1/2018 0404

GM Friends,

AU +12:

EU +10.5:

Sunday 3/4/2018 1527

EA:

EN +78.3:

UC 39.3:

EA +57:

GM Friends,

The AU seems to have a stable Symmetrical Triangle (ST) between 2017-07-16 to 2018-03-04 (8 months) that sits at the WP currently using the Monthly TF respecting Fibs from which means the extreme levels of swings can also be respected in the projected future using one of Davit's favorite currency. The ST pattern at the Monthly TF suggests that there is now an equal chance of an upward or downward movement before a reversal on the lower Weekly TF between key Reversal zones from 61-100% Fib either way:



Descending TFs of the AU shows the following:

As Above, EA seems to be stable over the last 4 months:

EC with Double Bottom then 4 month Stability depending on Red News:

EG - Over 19 months of a stable sinusoidal or pendular patterns between extremes:

EN 5 months of stability:

UC - 7 months of stability:

Results of analyzing the stability of the above currency pairs based on weeks using Pivot-Voty indicator that was set at monthly Pivot:

Pair----Months
EG 19
AU 8
UC 7
EN 5
EA 4
EC 4

If 4 is 1 considered the baseline for comparison of the above:

EA,EC = 1.0, EN = 1.25, UC = 1.75, AU = 2.0 and EG = 4.75.

In Conclusion:

The currency pair which seem to be the best in order are EG >>>>> AU >> UC > EN .

At this time, all these pairs are not within the 61-100 Pvt Zones and are mostly around the 38-WP where taking a trade does not have as musck initial leverage versus the latter Zones.

As noted above by Davit: "Patience" and "Desecration", as well as "Location", "Courage", "Confidence" and "Self-Forgiveness" when one losses a trade as Key points for "The Edge".

Study and join Davit's Pivot Trading Thread, but focus and study the first several pages, especially Page 1, and consider my collated pdf Post files I complied of his brilliant work at Pivot Trading !

I only post on my Journal here as I prefer to add a few PVSRA indicators for my style of Pivot Trading. Someday, I may drop the PVSRA indicators, but I doubt it.

Cheers,
-John

My UC Chart where I missed this move using advanced DBT in the R61-R100 Zone:



Versus Davit's Student fantasydank on Pivot Trading who just posted some +UC 499 Pips...Wow folks ... HOME RUN !

See the recent Post on Pivot Trading:

Post 15,864
Last Post: Mar 6, 2:28pm (25 min ago)


fantasydank
| Joined Sep 2017 | Status: Member | 33 Posts | Online Now

Attached Image (click to enlarge)



NOTE: It is important not to take trades late, when the PA shows signs of exhaustion where you exit your trade...as the above UC cutrently. After consolidation, there may be a new trend...so BEWARE !

Based on my analysis today, and recently suggested by Davit to me (see above Posts), I will limit my Currency Pairs to a few pairs. namely EG, AU, UC and EN as per my analysis today that are most consistent over time. They happen to be on Davit's list of most traded by him and I am not surprised with his consistently positive outcomes:

GM Folks,
Here are my old trades I am waiting to hit their targets over the next day or so, especially with the Red News coming up. Then, I will stick to the 4 Currencies Pairs only:

EN with good Bear Momentum towards my old Target with scalping small 0.05 Lots x 2 Tip each aleardy. So, I placed spaced out Sell-Stop trades all the way down so each is hit only after previous short closer to keep my DD low above > 150 margin% so not to be called out:



Of note, is Oanda will not automatically trigger your Sell-Stop if your Margin% is not greater than 150% as with what happen to me already with Sell-stops not being spaced-out enough so that it will trigger only after the previous target closes to keep your DD safe: