Pivot Trading

Closed AJ+675

EA

PPI jumped on USD. USDJPY Harmonic pattern on daily chart with potential for reversal. This pair has been very slow to breakdown but sitting right now between
R78 and R61 levels. It will be interesting to see whether a downside test is in order.

Summary collation of September 2018 of Davit's Posts on this FF Thread "Pivots Trading":





Regards.
-John

EA quick $$ to pay for swap
This being Friday I don't anticipate serious thrust north hence getting out

got back on AJ to squeeze more (look up few posts to see original trade
+206+675 on AJ

Nice job,

good thing its the weekend

Mix week.Made decent money but also added more DD but DD trades are winnable like UC and I am confident to profit From it.Could of stayed away from NC AC shorts but lessons learned even I make mistakes. $2600 profit for the week.I'll say that's good basically a 500 day gain.
I'll take that any day. -363 is swap fees

letting NJ run south

potential trades next week,Eyeing GU becoming interesting
deleted 23 fib its useless to me.

If I look at PA and the news sentiment this will be interesting. IF ALL IS GOING TO BE GREEN. But for now the writing is on the wall.

with that "red" there is still blue and white missing? Or shall i say s78

Its the regular fib tool not pivots.I do measure swings to get a feel potential zones +pivots adds confluence

Agree,

I can see it's lining up with S78 next week?

Summary collation of October 2018 of Davit's Posts on this FF Thread "Pivots Trading":



OK, I am UTD now !

Green Pips my FF Friends !

Regards.
-John

EG+320

61S right on the money. Good job

My week was an learning experience. Was holding UJ and UC shorts from last week. Did not close in decent profit because I don't let winners run, so I gave it a shot and turned out to be in DD now. Will stick to closing trades within a decent amount of profit especially when in R or S that can go either way. Closed some UC shorts after catching some quick pips. Closed some EU longs but still holding DD from couple weeks back. Have a couple entries added on UC short. So DD on EU and EA long, UC and UJ Short. Will manage them accordingly next week. But for now holding steady.

AU, NU, EU, EC, AJ, are pairs on my list...they all did the method...away from PP and corrected all within 61-100. Text book trades and I was busy nursing DD...Good thing market will continue to do these patterns and I am seeing them clearer each week.

Hope you all did well.

Hi guys
Few thoughts I like to share.AS you probably already aware when things are going well this thread is bustling and when not gets quiet.Its natural $$ attracts however this system is not about 1 week's profits or even month's its about quarters.This is how I measure my success

When you read THE Market Wizards or Hedge Fund Market Wizards you get to know real traders who if hit 20-30% gain annually would be thrilled and I am saying I already hit 90%. Not going to post my entire stats but trust me Its true.If you doubt it that's perfectly reasonable but I know what I have achieved and I achieved great deal and in the process shared good chunk of it free in public forum.

In short keep your head high and thrust forward few bumps should not derail your goals.Its a marathon and not a sprint.There will be mistakes made and they are natural since we are dealing with lots of unknowns however when made don't beat yourself forgive yourself learn from it and move on.

The Secrets To:

Emotion Free
Trading
“How To Consistently Act
In Your Own Best Interest
With Your Off-The-Floor Trading!”

Written By Larry Levin


"One of the biggest reasons people get into losing streaks while trading is because they confuse their losing trades with themselves. In other words, we conclude that because we had a losing trade or a series of losing trades, we are a losing trader.
But the important thing to remember here is we are not our losing trades. Losing trades are part of trading. There isn’t a single trader in the world who doesn’t have losing trades. The only way to avoid them is not to trade in the first place. You cannot be a successful trader until you take mistakes and losing trades for what they really are. They are simply by-products in the trading game and need to be used to gain learning and understanding. But in no way do they define us as a person.
But that is where the big problem comes in. Many people let their losing trades and mistakes define them. If they’re having trouble and have had a series of losing trades, they start to think of themselves as a loser. They continually think of themselves in that way. As we know from before, this kind of thinking will just bring on more of the same.
Forgiving yourself completely is the only way to avoid this trouble. You are not your mistakes and losing trades. You must put the past behind you and go forward. Holding a grudge against yourself only hurts yourself. Forgive yourself, it’s the only way to be successful.