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Pivot Trading

  • #17,821
  • Apr 27, 2018 5:37am Apr 27, 2018 5:37am
don't be attempting to go long GU now.Too much south pressure plus Carney speaking which I think he might do some verbal damage control.
If US GDP prints red there will be a bounce most likely but if green this baby drops further.Don't stand in front of the train now
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In trading, you have to be defensive and aggressive at the same time
  • #17,822
  • Apr 27, 2018 5:43am Apr 27, 2018 5:43am
I am suspecting US advance GDP may very well print red. UJ is most overstretched...and correction may be very deep.NU AU may bounce north with conviction and UC may break 28 south.
This is going to be fun day
In trading, you have to be defensive and aggressive at the same time
  • #17,823
  • Apr 27, 2018 5:45am Apr 27, 2018 5:45am
Quoting Davit
don't be attempting to go long GU now.Too much south pressure plus Carney speaking which I think he might do some verbal damage control. If US GDP prints red there will be a bounce most likely but if green this baby drops further.Don't stand in front of the train now {image}
All points to S161 or 1.3500 on Daily. AB=CD is to be ending there.
  • #17,824
  • Apr 27, 2018 5:47am Apr 27, 2018 5:47am
GA Short Trades:
Comments on charts. These pivots really are an amazing tool - thanks Davit. I still have plenty of work to do on reprogramming my mental approach to trading. Going back through the reading material.
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  • #17,825
  • Apr 27, 2018 5:47am Apr 27, 2018 5:47am
Before after This system
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  • #17,826
  • Apr 27, 2018 5:49am Apr 27, 2018 5:49am
Quoting griffinssoul
{quote} hey cescof ..... IMO there was nothing on the chart 2 tell u 2 buy ..... everyting was say'n to sell both TA & fundies ...... ive noticed a few of traders doing this kind of trading ..... its like a pivot martingale method hope this helps......keep @ it bro {image}
Hi friend sometimes its the result of entries from previous week when orders were correct but PA acted otherwise and what previous was R61 new week could be R38 and orders are looking shabby as a result.THis is why we trade small and have wider stops.I strongly dislike any reference to martingale because our positions are constant meaning lots don't change and we do have stops.
Thought to add this part as well. REgards
In trading, you have to be defensive and aggressive at the same time
  • #17,827
  • Apr 27, 2018 5:55am Apr 27, 2018 5:55am
Quoting jben10000
Before after This system {image}
good results however true test give it 3months and we will see if you are still around.This thread is full of one shot traders then never see them again!
Know why? because it takes lot more then technique. Trading requires psychological training as well and most underestimate this aspect and get burn.
Become victim of their own greed! Stops ignored until account is wiped....Once again market can prove anyone wrong but difference is I am totally fine with being wrong!
anyway I will reminds you this post in July
In trading, you have to be defensive and aggressive at the same time
  • #17,828
  • Apr 27, 2018 6:08am Apr 27, 2018 6:08am
HOLY! Lovin' pivot so much, was shorting GJ from around Pivot, tp between pivot - S38. Then I went out and my order got filled. Pivot really give a nice structure to the price .
Attached Image
  • #17,829
  • Edited 6:53am Apr 27, 2018 6:10am | Edited 6:53am
Quoting Pent56
GA Short Trades: Comments on charts. These pivots really are an amazing tool - thanks Davit. I still have plenty of work to do on reprogramming my mental approach to trading. Going back through the reading material. {image}
I had a profound realization almost 3years ego when discovered the Pivots and totally changed my trading then seriously started to apply Mark Douglas principles and never looked back.Some things come together right time right trigger.
People who realize fabulous Edge this system has rip $$ the benefits others fail and this is how it should be not everyone is on same level in experience.
You can tell who is who by their comments alone...
good luck and continue building that account.

Here is the real funny thing about my success in the sea of losers when these guys accuse me of photoshoping my results!
When they can't accomplish what I have they accuse mindlessly.Show must go on!
In trading, you have to be defensive and aggressive at the same time
  • #17,830
  • Apr 27, 2018 6:16am Apr 27, 2018 6:16am
Quoting liquidice
HOLY! Lovin' pivot so much, was shorting GJ from around Pivot, tp between pivot - S38. Then I went out and my order got filled. Pivot really give a nice structure to the price . {image}
GJ is off limits ... even for Davit.

Some people are not reading the thread.
Oh, you've read it. Only once? Shame on you

P
  • #17,831
  • Apr 27, 2018 6:16am Apr 27, 2018 6:16am
Quoting snail69
{quote} All points to S161 or 1.3500 on Daily. AB=CD is to be ending there.
Five fundamental truths:
1. Anything can happen.
2. You don’t need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that
define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing happening
over another.
5. Every moment in the market is unique.
– Mark Douglas
In trading, you have to be defensive and aggressive at the same time
  • #17,832
  • Apr 27, 2018 6:20am Apr 27, 2018 6:20am
Quoting Davit
{quote} good results however true test give it 3months and we will see if you are still around.This thread is full of one shot traders then never see them again! Know why? because it takes lot more then technique. Trading requires psychological training as well and most underestimate this aspect and get burn. Become victim of their own greed! Stops ignored until account is wiped....Once again market can prove anyone wrong but difference is I am totally fine with being wrong! anyway I will reminds you this post in July
How very true, its not just the knowledge but also the psychological and temperament...
  • #17,833
  • Apr 27, 2018 6:53am Apr 27, 2018 6:53am
Quoting Trade-G
{quote} How very true, its not just the knowledge but also the psychological and temperament...
It's also the ability to read, follow instructions, attention to detail, discipline with one's stops.
  • #17,834
  • Apr 27, 2018 6:56am Apr 27, 2018 6:56am
Love this pair.I am anticipating AJ testing lower key pivots setting the scene nicely.Love low ADR pairs that does not have USD in it.Perfect for position trading
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In trading, you have to be defensive and aggressive at the same time
  • #17,835
  • Apr 27, 2018 6:59am Apr 27, 2018 6:59am
I'm out for this month. Going for a holiday for a week. Green month for everyone . Cheers.

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  • #17,836
  • Apr 27, 2018 7:04am Apr 27, 2018 7:04am
Quoting 1pipperhour
I'm out for this month. Going for a holiday for a week. Green month for everyone . Cheers. {image}
Enjoy your holiday.Being away from trading can be good thing going over things you must work on.You have great potential to make solid gains just need to iron out the wrinkles.
In trading, you have to be defensive and aggressive at the same time
  • #17,837
  • Apr 27, 2018 7:06am Apr 27, 2018 7:06am
Key support for GU now
Will it hold? We'll see
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #17,838
  • Apr 27, 2018 7:11am Apr 27, 2018 7:11am
build a massive position on EA
running this down
Keep in mind its 60+k account and I am still trading mini lots!!Does not stop me hitting 10+% a month gain which proves low gearing is the way to go.
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In trading, you have to be defensive and aggressive at the same time
  • #17,839
  • Apr 27, 2018 7:17am Apr 27, 2018 7:17am
Too bad I could not trade GBP today due to bloody meetings. Good to see however lots of traders milking it. Cheers to that.

Focus on USD now, lets see what it has in store.
Fall seven times, stand up Eight! #GGMU
  • #17,840
  • Apr 27, 2018 7:34am Apr 27, 2018 7:34am
Quoting vickym
Too bad I could not trade GBP today due to bloody meetings. Good to see however lots of traders milking it. Cheers to that. Focus on USD now, lets see what it has in store.
Better than forecasted data....USD bulls may not be done yet...careful with shorting USD just yet
Fall seven times, stand up Eight! #GGMU
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