Pivot Trading

Quoting snail69

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Davit, would these be OK with you ? {image} {image}

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Quoting beejay

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@Davit.. this is a great thread chief...combinning your pivot point way of trading to my ssystem eliminated alot of noise and increased my winning percentage.. i have been forward testing it for a month now, after doing an extensive backtesting... I however need your help as regard the calculation of the levels on the pivot point indicator...i really like to be able to function even when i dont have access to sophisticted software...for example if i want to trade companies stock in my country that has no robust trading software like mt4... i have...

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Quoting pipsy7

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now we start buyin @ pvt ? ! ?

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Quoting Recruit

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Hello traders, @Davit i hope you still hold EURGBP, we have nice moves there today,30 pips to hit my TP. I am in work, on mobile, cannot post chart.

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Quoting Davit

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{quote} You are not gonna get everything in 1 day or week.Give it few years but trust me you'll be far better trader. I am going to share my Calendar events so you and other can see how I approach it. Good Morning guys.Best wishes and God bless you all. The big picture.1st the tone of my canvas is painted with Feds March 21st interest rate decision this is not far hence usually market prices in before the event.Recent Job creation was very green hence overall US economy is good and Feds may actually raise therefore my outlook has not changed I'll be USD bull that means I wont sell USD.This is my canvas background color I am operating. Tuesday GBP Annual Budget Release This document outlines the government's budget for the year, including expected spending and income levels, borrowing levels, financial objectives, and planned investments; Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position; I am looking here possible EG further drop. I am short on it. USD CPI m/m 0.2% 0.5% USD Core CPI m/m 0.2% 0.3% These could print positive however should it print negative we may have a dip selling of USD until tomorrow balancing out with positive retail sales hence your dip buying USD may pay off next day! Weds USD Core Retail Sales m/m 0.3% 0.0% USD PPI m/m 0.1% 0.4% USD Retail Sales m/m 0.3% -0.3% Retail Sales are very green and should it print even better than expect USD dominance of late may continue. UJ in particular has lots of room to north. Crude Oil Inventories this effects the Canadian dollar the most. Wait and see here NZD GDP q/q a big one nice green forecast but maybe less than predicted hence expect good deal of volatility on all NZD pairs. Should it shoot up north of 7350+ I may start sell it should PA agree and Pivot levels support. Remember big picture Fri USD Building Permits not a big mover I don’t expect much here. Could be USD bulls profit taking right before it. Its obvious looking at this week USD and NZD will become in focus hence you should as well! My trajectory is buy USD in dips until we get closer to March 21 As you can tell I am not pure technical trader.I am sure there are lots of them who don't give a shit on any of these and simply look at candle patters and S/R's. To me this is limiting and does not appeal to me. Comparison I can give is you are going in the battle with good knowledge of terrain,enemy formations and fortifications and you have plan for counter attacks.You studied best of your knowledge factors that may effect the outcome hence you have good chance of winning the battle.This is my approach vs going in battle blind !no idea of troops formations, terrain or fortifications only reacting to enemy moves but have no plan on your own. In the long run knowledge is $$ because on each brick you are building the trader in you.

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Quoting Davit

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looks like my devoted die hard fan already disliked every recent post Hey if it makes you happy idiot!at least you don't discriminate and you dislike every post equally. kind of shows how much of brain dead you are.

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Quoting Davit

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{quote} You are not gonna get everything in 1 day or week.Give it few years but trust me you'll be far better trader. I am going to share my Calendar events so you and other can see how I approach it. Good Morning guys.Best wishes and God bless you all. The big picture.1st the tone of my canvas is painted with Feds March 21st interest rate decision this is not far hence usually market prices in before the event.Recent Job creation was very green hence overall US economy is good and Feds may actually raise therefore my outlook has not changed I'll...

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Quoting Catalin68

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{quote} We are here ... {image}

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Quoting vinforex7

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{quote} I was thinking it'd go to R61 / R78 and then reverse... so I have a buy on it to R1

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