Where is DAVIT ? I bet he have shorts on EURAUD for sure...!
1
TDI-ADX System (swing trading using TDI) 116 replies
Weekly Pivot to Pivot Trading 19 replies
The Pivot Net Revisited (Weekly Pivot Net) 41 replies
Easy Does It off the TDI indicator - EDI TDI 134 replies
Converting Stoch Histogram, Auto Pivot and TDI into MT5 0 replies
DislikedHi traders, Pairs to watch for this week. News events to watch for this week. ECB and BOE policy and rates decision. ( Thursday ) EURUSD, GBPUSD, USDJPY. 1) EURUSD Head & Shoulder pattern and I will be looking at short trade below 1.16000 to target 1.15000 - 1.14600 support and could be a bounce back up for a pullback along with ECB meeting coming Thursday. 2) GBPUSD Head & Shoulder pattern. I’m staying bearish on this pair. Bearish Pinbar in Daily timeframe. Bearish continuous trend expected. I’m still watching for price movement. 3) USDJPY preparing...Ignored
DislikedNot too many good set ups yet for me. Many ranging pairs so far and undecided. Had a long on EJ opened over the weekend and closed it because EJ is looking to range or perhaps drop. Lower PP. So I am out. Many of the pairs look like this. I will look to short EURAUD or GBPAUD next week if AUD finally decides to get some strength {image} We will see if anything opens up this week but I may sit this week out. Good luck guys.Ignored
DislikedWow.. another spike for the GBP pairs. Really risky to trade GBP pairs at this point in time, news come out of a sudden.. Lucky enough was still watching movement. EURUSD follow the spike too. EURAUD went up new high too. Guys, have said before that news nowadays are overlapping all price action trading. So pls trade small positions and add only if you’re in profits. I will be staying out of the market till tomorrow. Good luck guys.Ignored
Disliked{quote} What I love most about davit system is that it can be used for both trend and counter trend trading. A move away from WPivot is a trend while a trade from 61-100 zone is counter. I know Davit don't trade away from WPivot, he only add to trade when Wpivot is broken through hard but I love trading away from WPivot and take profit at selling/buying zone {image}Ignored
Disliked{quote} What I love most about davit system is that it can be used for both trend and counter trend trading. A move away from WPivot is a trend while a trade from 61-100 zone is counter. I know Davit don't trade away from WPivot, he only add to trade when Wpivot is broken through hard but I love trading away from WPivot and take profit at selling/buying zone {image}Ignored
Disliked{quote} Not just yet buddy wait for close we need structure to be broke GU And GC both have rising wedges at key resistance and I was bearish on these. EU I’d be more inclined to buy if it can break its trendline. GU GC It can’t break there resistance level at mo and we have the wedges. Whats the betting we get a pump and dump on GBP be nice pivot opportunity to short from R zones this weekIgnored