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  • #18,021
  • May 2, 2018 5:57am May 2, 2018 5:57am
I believe after FEds USD may collapse since lot has been priced in.Opportunities are great buying other majors
NU AU GU prime examples
Both NZD and AUD have been great fundamentally NZD unemployment and Job creation was green and both are on solids grounds.
We may soon see Trump investigation taking off and may weaken USD in addition of profit taking after Feds.
In trading, you have to be defensive and aggressive at the same time
  • #18,022
  • May 2, 2018 5:59am May 2, 2018 5:59am
Quoting Davit
I believe after FEds USD may collapse since lot has been priced in.Opportunities are great buying other majors NU AU GU prime examples

I agree Davit, I am watching UJ aswell.
  • #18,023
  • May 2, 2018 6:04am May 2, 2018 6:04am
Quoting Grege101
Hello fellow Pivot Traders! I feel that it is time for me to post and share my views of this fantastic trading system that Davit has provided us with. I have been trading Forex for roughly 2 1/2 years now. I've put an insane amount of hours into this because I find that I'm quite passionate about it (purposely waking up in the middle of the night to trade). I would never do this for my regular job. I love the complexity of Forex and the challenges/rewards it brings. I've tried many many different systems as well as come up with a few of my own,...
Hi Greg
thanks for your post.I hope this works out for you!
In trading, you have to be defensive and aggressive at the same time
  • #18,024
  • May 2, 2018 6:11am May 2, 2018 6:11am
Quoting Davit
I believe after FEds USD may collapse since lot has been priced in.Opportunities are great buying other majors NU AU GU prime examples Both NZD and AUD have been great fundamentally NZD unemployment and Job creation was green and both are on solids grounds. We may soon see Trump investigation taking off and may weaken USD in addition of profit taking after Feds.
Regarding EU, it's possible that it falls to 1.1900 (U strengthens a bit more).
  • #18,025
  • May 2, 2018 6:14am May 2, 2018 6:14am
Quoting pgr45za
{quote} Regarding EU, it's possible that it falls to 1.1900 (U strengthens a bit more).
anything can happen. time will show bro
  • #18,026
  • May 2, 2018 6:16am May 2, 2018 6:16am
April results
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 17 KB
Click to Enlarge Name: Capture2.PNG Size: 18 KB
In trading, you have to be defensive and aggressive at the same time
  • #18,027
  • May 2, 2018 6:17am May 2, 2018 6:17am
Quoting pgr45za
{quote} Regarding EU, it's possible that it falls to 1.1900 (U strengthens a bit more).
not touching EU
In trading, you have to be defensive and aggressive at the same time
  • #18,028
  • May 2, 2018 6:19am May 2, 2018 6:19am
Quoting Davit
April results {image} {image}
On course to reach 100 000 by December 31st 2018, as I predicted.

So inspiring!
  • #18,029
  • May 2, 2018 6:21am May 2, 2018 6:21am
Quoting Davit
{quote} not touching EU
After FOMC, why not?

If it reaches 1.19 it'll be at WS100. What am I missing?
Thanks
  • #18,030
  • May 2, 2018 6:21am May 2, 2018 6:21am
EU, i'll buy when spike down...
  • #18,031
  • May 2, 2018 6:25am May 2, 2018 6:25am
Davit, if I may, what do you think of GBP?
Time to go up?
  • #18,032
  • May 2, 2018 6:35am May 2, 2018 6:35am
There are many reasons that I don't use Divergence in my trading.For once and all I don't want to read about this and you will get kicked out if you do mention it.

Divergence is how Oscillator catching up with price and as such it has zero bearing on price!Its basically a lagging indicator showing what has transpired.
Divs signal can show sell for example on H4 and Daily and price can climb another 100-500pips north irregardless what shows on its graph.
Divergence will always occur when there's a sharp (big movement in a short amount of time) move followed by less sharp movement. This is actually what divergence is meant to capture, as many traders believe that if price movement slows down it's poised for a reversal. This is a myth.
The two main problems with divergence is that it often signals a (possible) reversal but no actual reversal occurs—a false positive. The other problem is that divergence doesn't forecast all reversals. In other words, it predicts too many reversals which don't occur, and not enough real price reversals.

No wonder typical retail trader losses because they believe common trading myths...
In trading, you have to be defensive and aggressive at the same time
  • #18,033
  • May 2, 2018 6:46am May 2, 2018 6:46am
AJ closer it gets to 82 better for reload
This set up is what typical "confirmation traders" do get in on retest
What I do often hummer the swing until there is not much left.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH1.png Size: 48 KB
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #18,034
  • May 2, 2018 6:51am May 2, 2018 6:51am
Quoting Davit
There are many reasons that I don't use Divergence in my trading.For once and all I don't want to read about this and you will get kicked out if you do mention it. Divergence is how Oscillator catching up with price and as such it has zero bearing on price!Its basically a lagging indicator showing what has transpired. Divs signal can show sell for example on H4 and Daily and price can climb another 100-500pips north irregardless what shows on its graph. Divergence will always occur when there's a sharp (big movement in a short amount of time) move...
Speaking of trading myths (this is an important topic), what are the biggest trading myths apart from Divs?
This is a question for every1.
  • #18,035
  • May 2, 2018 6:53am May 2, 2018 6:53am
Quoting pgr45za
{quote} Speaking of trading myths (this is an important topic), what are the biggest trading myths apart from Divs? This is a question for every1.
To me its moving average cross over...
In trading, you have to be defensive and aggressive at the same time
  • #18,036
  • May 2, 2018 7:16am May 2, 2018 7:16am
Quoting pgr45za
{quote} Speaking of trading myths (this is an important topic), what are the biggest trading myths apart from Divs? This is a question for every1.
Fixed stops
Fall seven times, stand up Eight! #GGMU
  • #18,037
  • May 2, 2018 7:38am May 2, 2018 7:38am
Quoting pgr45za
{quote} Speaking of trading myths (this is an important topic), what are the biggest trading myths apart from Divs? This is a question for every1.
For me it's the myth that you have to use tight stops.
  • #18,038
  • May 2, 2018 7:45am May 2, 2018 7:45am
Biggest myth: That you have to know what will happen next to make money...
  • #18,039
  • May 2, 2018 7:48am May 2, 2018 7:48am
Another three myths:

1. That you have to trade everything that moves.

2. That you have to be at your computer all the time or you'll miss the boat.

3. That short timeframes are where the action is.

This is junkie mentality. Not professional at all. A professional hunts his prey. 1 is enough per week.
  • #18,040
  • May 2, 2018 7:54am May 2, 2018 7:54am
2 ways to look at volatility in key events like today.
Be afraid take no action or take advantage of it.I love events like this.Don't be afraid
In trading, you have to be defensive and aggressive at the same time
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