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Weekly Pivot trading with TDI

  • #2,661
  • Sep 3, 2018 10:35pm Sep 3, 2018 10:35pm
Quoting RonFXLive
{quote} Hi Reteid2222, As per your request. Time and date of entries. Cheers. Ron. {image} {image}
Hi RonFXLive, lucky to have you here..
Just wanna ask you some questions.
From image above, I see you set a hard stop for 100 pips, can you explain it why since Davit said that he does not use hard stop instead of $$ amount eg $500 ?
And when or what level do you exactly take the profit ?

Regards.
Gambling = 0% skill, 100% luck. Trading = 1% skill, 99% luck.
  • #2,662
  • Sep 3, 2018 10:42pm Sep 3, 2018 10:42pm
Quoting Shakka
{quote} Hi RonFXLive, lucky to have you here.. Just wanna ask you some questions. From image above, I see you set a hard stop for 100 pips, can you explain it why since Davit said that he does not use hard stop instead of $$ amount eg $500 ? And when or what level do you exactly take the profit ? Regards.

Hi Shakka,

Let me answer your question according.

I do have my equity SL base on my capital amount percentage like what Davit does.

I have input 100 pips hard stop for a reason in any case if there’s a news like what CHF pairs happen if I’m not wrong 2 years back there was a spike down for a 1000 pips in just a few seconds, If I did not have any protective stop I would have lost a 1000 pips instead of 100 pips.
This is just my style of managing my risk.
Individual trader will have their own method too.
No right wrong..

As for my TP, I will put it at a logical S/R lines.

Hope that will help you with your question.

Cheers.
Ron.
  • #2,663
  • Sep 3, 2018 10:42pm Sep 3, 2018 10:42pm
Quoting RonFXLive
Morning guys, Is there anyone still holding short EURUSD and GBPUSD? If yes pls continue to hold. If both of my target has been hit or I will manually closed it before NFP and watch price action. No changes for my target. EU - 1.15000. GU - 1.28000. Enjoy your day &
i'm still holding those two mate gbpusd since last friday R100, eurusd R61. i'm watching EURAUD after rate hike.....
  • #2,664
  • Sep 3, 2018 10:43pm Sep 3, 2018 10:43pm
Quoting General Lee
{quote} i'm still holding those two mate gbpusd since last friday R100, eurusd R61. i'm warching EURAUD after rate hike.....
Nice entry and holding mate.
You’re doing well.
  • #2,665
  • Sep 3, 2018 11:12pm Sep 3, 2018 11:12pm
anyone watching EURAUD right now...?
  • #2,666
  • Sep 3, 2018 11:26pm Sep 3, 2018 11:26pm
Quoting General Lee
anyone watching EURAUD right now...?
I am Im looking for perfect location to short it.
  • #2,667
  • Sep 3, 2018 11:31pm Sep 3, 2018 11:31pm
Quoting General Lee
anyone watching EURAUD right now...?
hope it will go down buddy
Cyb3rX
  • #2,668
  • Sep 3, 2018 11:34pm Sep 3, 2018 11:34pm
Quoting Cyb3rX.
{quote} hope it will go down buddy
Not at any of the pivot levels though...
  • #2,669
  • Sep 3, 2018 11:54pm Sep 3, 2018 11:54pm
Quoting fxbarwise
{quote} Not at any of the pivot levels though...
you can clearly see it was bounced from the R38 line
Cyb3rX
  • #2,670
  • Sep 3, 2018 11:55pm Sep 3, 2018 11:55pm
Quoting Cyb3rX.
{quote} hope it will go down buddy
like i said its going down buddy
Cyb3rX
  • #2,671
  • Sep 4, 2018 12:00am Sep 4, 2018 12:00am
Quoting Cyb3rX.
{quote} like i said its going down buddy
Running out of steam at the 1.60553 level
  • #2,672
  • Sep 4, 2018 12:06am Sep 4, 2018 12:06am
Quoting General Lee
anyone watching EURAUD right now...?
I put a short on with hourly close.
  • #2,673
  • Sep 4, 2018 12:20am Sep 4, 2018 12:20am
Quoting RonFXLive
Morning guys, Is there anyone still holding short EURUSD and GBPUSD? If yes pls continue to hold. If both of my target has been hit or I will manually closed it before NFP and watch price action. No changes for my target. EU - 1.15000. GU - 1.28000. Enjoy your day &
Waiting for price to break ascending TL & BRN 1.16 to enter short trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-09-04-08-10-37-856_net.metaquotes.metatrader4.png Size: 97 KB
  • #2,674
  • Sep 4, 2018 12:26am Sep 4, 2018 12:26am
Quoting antisystem
{quote} Waiting for price to break ascending TL & BRN 1.16 to enter short trade. {image}
Nice bud!

I’’m still holding on to my short trade ( re-entry ) my first entry target has met with my target 1.16000. Yeah observe price 1.16000 for a break.
Nice chart setup!
  • #2,675
  • Sep 4, 2018 12:33am Sep 4, 2018 12:33am
Nice quote of the day!

Markets have nothing to lose if you blame it for your losses. Instead have a trade plan to be on the edge.
  • #2,676
  • Sep 4, 2018 1:14am Sep 4, 2018 1:14am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB


what should I put here? Can somebody explain this... Do I put the date this week or last week... and how about the time...
  • #2,677
  • Sep 4, 2018 1:16am Sep 4, 2018 1:16am
Short on EURCAD. Will look closely at it on London Open.

Paal
  • #2,678
  • Sep 4, 2018 1:28am Sep 4, 2018 1:28am
EURUSD and GBPUSD going as expected downside.

  • #2,679
  • Sep 4, 2018 1:32am Sep 4, 2018 1:32am
Quoting RonFXLive
EURUSD and GBPUSD going as expected downside.
well done Buddy, enjoy our pips now
  • #2,680
  • Sep 4, 2018 1:33am Sep 4, 2018 1:33am
GM. Traded the Aussies and yen pairs instead. That boat left me.
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