Weekly Pivot trading with TDI

Quoting armaros

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{quote} My view is I will not enter long in EJ until S138-168 with TDI confirmation. EJ passed through S100 and under 100 is another story. So be careful Ron.

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Quoting BlackSwanJon

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{quote} Mike, I'm assuming you went E/J Long & price has run from S38 to S100 (or do you have the chart as J/E)? I look for PA off the Pivot levels/zones, rather than avoiding currencies or placing buys at levels (you never know when one will flip from weak to strong & visa versa). I didn't see any decent PA off the S38 level on E/J this week, so that kept me out at that level.

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Quoting slappymove

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{quote} Hi, if I may suggest, you should have a plan before entering a trade or building your positions. Like you can build positions between pivot points and cut when your trading bias is proven wrong by the market. That's why Davit said that this strategy requires more than 2 years experience in trading the markets. If you checked the uploaded files in this thread, you'll see what I mean.

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Quoting Halfcents

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Holding AUDCAD AND AUDJPY long. But i dont understand why jpy is still very strong

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Quoting RonFXLive

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I have just entered long for NJ ( 75.355 ) for 3 positions between S61 and S38. In H4 timeframe, price has touch S61 and came up. In H1 timeframe TDI cross over strong. Happy trading! Ron.

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Quoting bubincka

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After a couple of losses this week taken on some CAD pairs I decided to go long again on EC & AC. UC & NC were already opened and still running along with UJ, AJ, NJ and EJ all long too- Positions for some pairs have been opened in WS138/WS100 region and it could be a gamble, since if PA hasn't reversed yet it could also continue its trend. Then it's the first time since I'm trading Davit's Weekly Pivots that I'm leaving open positions across the week end, but it's all about learning. Best regards, Bubincka {image} {image} {image} {image}...

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Quoting bubincka

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Another loss, this time on AC, having reached its predefined equity SL amount. Already re-entered, now that after USD GDP release, AUD seems to have got some steam while CAD soften a bit. UC, UJ, AJ, NJ longs still open. {image}

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Quoting denisius

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{quote} Re read rules of this strategy again. " if price pass 100 level and continue traveling further it's most likely supported fundamentally. I have not seen Davit takes trades above 100. At least he never posted it. So to say you are breaking rules now. It's totally up 2 you how to trade , I am just saying the facts. Good luck!

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Quoting denisius

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{quote} Re read rules of this strategy again. " if price pass 100 level and continue traveling further it's most likely supported fundamentally. I have not seen Davit takes trades above 100. At least he never posted it. So to say you are breaking rules now. It's totally up 2 you how to trade , I am just saying the facts. Good luck!

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Quoting bubincka

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{quote} Partly agree. However after last major news of the week was released and I saw big white candles on EC, AC for me that was a clear reversal sign at PA level. Of course CAD is strong and can continue like this if present conditions and prices for oil will persist. I really don't know if Davit never took any trades beyond WR/WS100 level because I'm still behind reading his original thread. Nevertheless , thank you for your reply, I'm always willing to learn . Best regards , Bubincka

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Quoting denisius

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{quote} Look at UC daily chart! Does it look like Buy signal? Yes numbers came up good, but would it be reasonable enough to turn around here? Always looking for bigger picture and compare it to where your pivots are. I see another 100 pip possible down before reversal.

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