Anyone have an idea on what the loonie is doing at the moment- hovering on various resistance levels of a whole bunch of pairs right now...
Weekly Pivot trading with TDI
- #4,062
- Sep 26, 2018 9:40pm Sep 26, 2018 9:40pm
Anyone have an idea on what the loonie is doing at the moment- hovering on various resistance levels of a whole bunch of pairs right now...
let see what happened after Draghi speak.
- #4,063
- Sep 26, 2018 9:45pm Sep 26, 2018 9:45pm
Ive done the same 
tho i dont like it when draghi speak!
Im also short NZD USD and AUD against the loonie... hoping i can close them before draghi but will keep open if not enough profit before he speaks then get nervous when he hits the wires...
tho i dont like it when draghi speak!Im also short NZD USD and AUD against the loonie... hoping i can close them before draghi but will keep open if not enough profit before he speaks then get nervous when he hits the wires...
Anyone have an idea on what the loonie is doing at the moment- hovering on various resistance levels of a whole bunch of pairs right now...
Ive done the same
Im also short NZD USD and AUD against the loonie... hoping i can close them before draghi but will keep open if not enough profit before he speaks then get nervous when he hits the wires...
Also if you are nervous...Do not trade!
Sound advice: If you do not see the big guns posting that means they are not trading; therefore, you shouldn't either.
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- #4,065
- Edited Sep 27, 2018 12:32am Sep 26, 2018 10:25pm | Edited Sep 27, 2018 12:32am
Ive done the same
I have entered EC because I saw PA clearly. If I lose, it doesn’t mean this is bad trade for me and I’m going to lock some profit or just close it before him speak.
- #4,066
- Edited 12:29am Sep 27, 2018 12:17am | Edited 12:29am
{quote} I have entered EC because I saw PA clearly. If I lose, it doesn’t mean this is bad trade for me and I’m going to lock some profit or just close it before him speak.
)I really don’t like this spike especially because of breaking news. That made me believe this might test r78 again.
I do pleased my gain anyway.
Trade good set up!!
{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!...
- #4,073
- Sep 27, 2018 1:05am Sep 27, 2018 1:05am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
This time the choice to keep trades open along the week end paid out, at least for me- 
Took profit on my UC long and EU short after FOMC. EJ, CHFJ, CJ short still running and in profit. For EJ short in particular the move happened while I was sleeping therefore I haven't been able to add to position, I must make a better use of stop & limit orders.
Best regards,
Bubincka
Took profit on my UC long and EU short after FOMC. EJ, CHFJ, CJ short still running and in profit. For EJ short in particular the move happened while I was sleeping therefore I haven't been able to add to position, I must make a better use of stop & limit orders.
Best regards,
Bubincka
Porta itineris dicitur longissima esse
This time the choice to keep trades open along the week end paid out, at least for me-
Paal
- #4,076
- Sep 27, 2018 2:13am Sep 27, 2018 2:13am
- Joined May 2014 | Status: Trader | 4,735 Posts
Take what you can, give nothing back
- #4,077
- Sep 27, 2018 2:45am Sep 27, 2018 2:45am
- Joined Jul 2017 | Status: Active member | 1,655 Posts
Taking you a stage further in our system!!!!! UJ One to watch look at confluence previous structure 161.8 Fib extension 188.6 Fib inversion R61 level TDI is approaching "overbought" (I don't really agree with OB/OS levels as such) but its due to reverse. 113.000 even handle. Target WP- then S38 notice how this weeks S38 comes into previous level of structure. Potential for 123 pip trade based on one entry. And the harmonic pattern which should complete at 161.8 extension {image} {image}
- #4,078
- Sep 27, 2018 2:53am Sep 27, 2018 2:53am
- Joined Mar 2015 | Status: Trader | 1,439 Posts
{quote} Who took it
- #4,079
- Sep 27, 2018 2:55am Sep 27, 2018 2:55am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
{quote} I have the same trades as you expect CHFJ (I'm not trading CHF-pairs). But I'm still holding UC and EU. I guess you use the trade manager to take early profit. I will watch the London Open closely. Paal
yes, I use my trade manager and I feel comfortable with 1:1 risk reward ratio.
In this case case I've missed a nice piece of profit on UC, but sometimes I have to sleep!
Another option could be to remove any preset TP and let trailing do its things.
On another note I'm aware of risk related to CHF pairs so I tried to minimize my entries in these.
Best regards,
Bubincka
Porta itineris dicitur longissima esse
- #4,080
- Sep 27, 2018 3:24am Sep 27, 2018 3:24am
- Joined Jul 2017 | Status: Active member | 1,655 Posts