Pivot Trading

Closed GA +1530

seeing is one thing executing it is another level
green pips

Major CAD news in 9 min

Rates unchanged...lets see how the press conf goes...this could drive UC up

CAD +801

UC going fine

Closed AC +585

moved stops on AN to protect gains

Good day Davit,

Wow I see 143 people viewing the number grows? Thanks Davit for sharing this with us!

Green pips$$$$$

What I normally do is continue trading my projection example
Say I get stopped out 600 on AN at R61 I wait and reload for next leg up north.
I know fundamentally NZD is overachieved and AUD under hence my only direction is buy AUD on dips
I covered this many times here but this is real advance trading.

Hi Davit,
Thanks for posting charts / notes on trades, very informative.
Appreciate all you have put into this thread.
Very inspirational.
Regards
Rob.

Watch AU can't break 38R previously

This was my Calendar events
Amazingly AUD has become a star which I anticipated before market even opened.Not posting this to boast ego but showing the value of it

Hi Pivoters

My Calendar events next week
Monday
USD
Core Retail Sales m/m 0.2% 0.2%
Retail Sales m/m 0.4% -0.1% Positive prediction here if printed green could boast USD.I’ll be watching Yen primarily.

AUD Monetary Policy Meeting Minutes
CNY GDP q/y if positive will most likely boast AUD

Tues
GBP Average Earnings Index 3m/y 3.0% 2.8%
Pound could get additional lift should this come out green however here is a tricky situation that even if it prints green Pound could decline simply that market has already priced it in.In simple terms Pound has over appreciated and correction are due.

Weds
GBP lots of data coming out and CPI most important and prediction is same 2.7% but could print red. My notes above apply here.

Big day for CAD
BOC Monetary Policy Report
CAD BOC Rate Statement
CAD Overnight Rate

CAD is same situation as GBP whatever good news it had has been priced in.Rate will stay the same hence no fundemetal change.I anticipate UC going towards 1.27+
I am bearish on the CAD
NZD CPI q/q .5 gain predicted from .1 previous.Immediate impact is AN
Here is truly wait and see the true number and market reaction.
AUD
Employment Change green forecast
Unemployment Rate green prediction if both print green I do anticipate AN AC continuing going north.

Thurs
GBP Retail Sales m/m red forecast if true correction may start or may continue from previous days.

Fri
CAD
CPI m/m Core Retail Sales m/m
Could print red and have AC and UC continue going north.

From doing this I anticipate AUD gaining cross the board and will continue holding AC and UC and AN
This could be the week for AUD to shine. Syria crises could play a roll its watch and see market reactions.

Goes without saying these are my notes to myself but I adjust my trading to fit real life situation but I like to have an attack plan from get go.Exercise is to have feel for the market in your mind what's coming hence you may avoid pairs that may save you lots of losses for example You decided to sell GC on Monday but fail to notice heavy GBP news on Tues and Weds and get your ass whipped because most cases market is ahead of you.By staying on sidelines you not only saved your money but could take opertunity from Pound spikes that may occur.
I hope everyone understand value of doing this.You must do your version for yourself because its an internal thing.You remember something more when you put effort into it.Copying my Calendar may help you a little but will not help you get the feel for the market for that you have to do your own.

Make money!! Its what we do here at Pivots!

Hello old brother...

seems .. on the same boat https://bit.ly/2HKOfJh

Enjoy your post with silent mode
l

welcome back

Moved stops on AN to protect profits and going to sleep now.
Made more then my mortgage in 12hrs here.
Green pips

Closed AN +938
love to see this drop below 600 for another go.

Hi Davit,

may I ask a questions please?

Do you normally only add to a position when it goes against you or also when it goes in your favour? Its a pity that on the chart one usually can only see the entry price otherwise I would not have asked the question.

Great that the plan based on our fundamental plan came together as planned for the two of us.

Thanks for everything

“Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.” -Jesse Livermore

Hello guys again. I moved to Amsterdam and start trading again after settling. Of course this is the main system for me By the way, I am trying to put adr indicator bottom left corner but I couldn't. Is there anyone who knows how to do it?

And EJ has a good resistence I guess.

Hi: Just go to edit. Has vertical and horizontal setting to place wherever you want. Dave