Weekly Pivot trading with TDI

Quoting RonFXLive

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{quote} Nice trade there Bubincka, My personal view is that try to watch the WP level cos it has been hovering below WP level since yesterday and I strongly think that price will dip back down to 1.28500 - 1.28000 before buyers comes in to that level. Indeed I’m bearish after all.. and bearish trend is still intact. For your case is that, If price dip below 1.29400, my advice is to manual closed it with profits and wait for a better setup after FOMC. Hope that will help you to decide your trade. Happy trading!

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Quoting bubincka

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{quote} Good advice, thanks!

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Quoting bubincka

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{quote} Yes Ron, there is not much to do. I'm watching trades I entered last week going nowhere, like my UC long. Since later there will be Oil Inventories and more important FED decision & statement I'm undecided if hold on or exit before news. {image}

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Quoting RonFXLive

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{quote} welcome

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Quoting senarath

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{quote} sir Ron is it high time to short joy thanks

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Quoting RonFXLive

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Hi guys, Pairs worth to look at NZDJPY, NZDUSD, AUDCAD and AUDJPY. H4 chart Bearish Double Top Pattern. Will it break up and bounce back down? I’m strongly looking at these pairs on my trading list. Find out after FOMC. Happy pips to all.

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Quoting RonFXLive

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{quote} Hi Victor, Let me explain the chart a little. AUDJPY - Pair are above WP and DO, rejected 3 times at DO, there was a bounce at H1 support at 81.380. Moving up strongly. My view overall it’s still a bullish setup. Unless price break below 81.380. AUDUSD - Resistance turn Support at price 72.280. Above WP level. Level to watch for support at price 72.280. If it breaks below than short looks more convincing to me if not I’m still bullish for this pair. Hope that helps you to decide your trades for these 2 pairs. Good luck ahead! ...

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Quoting RonFXLive

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{quote} Hi Ph2lsl, Pls look back at my earlier post which is above for your AUDUSD direction. My advice is not to trade before FOMC. Anything can happen. Thanks. Ron.

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Quoting RonFXLive

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{quote} Hi Senarath, Are you referring to short JPY? Not the time yet to short YEN for correction. PA has no direction at all. Choppy, but across the YEN pairs bullish trend are still intact. Look at USDJPY, If price would to break 113.000 critical resistance, then next resistance will be at 113.400 - 113.700. Look at EURJPY. If price break 133.000, then next resistance will be at 133.700. I think for now YEN pairs will go one more leg up before price turn back down. Cheers.

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Quoting Robotmike

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Sorry just a question, does the weekly pivot colored lines repaint every day or every week? Thanks

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Quoting Robotmike

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Sorry just a question, does the weekly pivot colored lines repaint every day or every week? Thanks

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Quoting Gmo

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{quote} Does UC have an ABCDE triangle? Today, however, as always, anything can happen in the Market!! {image} {image}

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Quoting Gmo

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{quote} Refer Post 4,044 Page 203 Triangle Played out! {image} Some Results Closed Trades at 1.51pm {image} Further gains {image}

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Quoting Gmo

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{quote} Refer Post 4,044 Page 203 Triangle Played out! {image} Some Results Closed Trades at 1.51pm {image} Further gains {image}

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Quoting denisius

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In general I am pretty good in understanding of the PA , but not today. What I see is confused me a lot. I was expecting dollar down. Honestly. Don’t know how you guys reading news but I thought Dollar will go down. And it did. But not where I was expecting it. So I got hit hard on pairs that I expected the impact of the news the least. . So I panicked. Honestly. Admitting. I panicked. Cost me a lot of money. Reminder to myself: 1) trade your plan 2) stay away from big news days( like today). Hope you guys have better...

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