Pivot Trading | Page 1134 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #22,661
  • Nov 14, 2018 1:47am Nov 14, 2018 1:47am
Quoting bubincka
Hard times to short N, that is proving to be strongest across the board even in the absence of news. Among fundamental reasons sustaining NZD rally could be recent slightly hawkish tone from RBNZ to mantain OCR unchanged at 1.75 (i.e. no short-term rate cut), slowdown of tensions between USA and China, but I struggle to understand why AUD doesn't get the same benefits despite data coming out decent. For all N pairs we are close to extreme values, let be prepared when true sign of reversal will appear. {image}
Yes, I do not see any PA that indicated to go long on this pair for quite some time now - lots of PA to go short though.
  • #22,662
  • Nov 14, 2018 2:12am Nov 14, 2018 2:12am
Quoting bubincka
Hard times to short N, that is proving to be strongest across the board even in the absence of news. Among fundamental reasons sustaining NZD rally could be recent slightly hawkish tone from RBNZ to mantain OCR unchanged at 1.75 (i.e. no short-term rate cut), slowdown of tensions between USA and China, but I struggle to understand why AUD doesn't get the same benefits despite data coming out decent. For all N pairs we are close to extreme values, let be prepared when true sign of reversal will appear. {image}
why enter long on this pair if there's still no confirmed PA? I am also monitoring this and haven't got any clear confirmation to go long yet.. even TDI does not indicate any signs of going up...
We're not here to be right, we're here to Profit Consistently!
  • #22,663
  • Nov 14, 2018 2:51am Nov 14, 2018 2:51am
Quoting ranilo.vince
{quote} why enter long on this pair if there's still no confirmed PA? I am also monitoring this and haven't got any clear confirmation to go long yet.. even TDI does not indicate any signs of going up...
I think he started building positions last week on AUDNZD and he added to his positions this week. Last week PA on AudnNzd was indicating a bullish turn but then turned bearish o. this is why I wait for more confirmation that a pair is bullish before going long. Like on GU

Attached Image (click to enlarge)
Click to Enlarge Name: yeh.PNG Size: 158 KB
  • #22,664
  • Nov 14, 2018 3:05am Nov 14, 2018 3:05am
Quoting ranilo.vince
{quote} why enter long on this pair if there's still no confirmed PA? I am also monitoring this and haven't got any clear confirmation to go long yet.. even TDI does not indicate any signs of going up...
Hi ranilo.vince,

clearly a wrong trade, at least would say early entries.
It happens, reasons behind were mainly over stretched level for the pair and upcoming news on A expected green, plus some shy bullish signal on smaller TFs.
China retail sales weaker than forecast weighted on AUD that is now sinking like a stone across the board.
For the time being I'm still inside the levels of DD I can bear, let's see how it will evolve.
Luckily I've other trades open that are going better, one is EA long approaching TP.
Attached Image (click to enlarge)
Click to Enlarge Name: EA_TRADE.jpg Size: 178 KB
Porta itineris dicitur longissima esse
  • #22,665
  • Nov 14, 2018 3:08am Nov 14, 2018 3:08am
Quoting sharingan9
{quote} I think he started building positions last week on AUDNZD and he added to his positions this week. Last week PA on AudnNzd was indicating a bullish turn but then turned bearish o. this is why I wait for more confirmation that a pair is bullish before going long. Like on GU {image}
Hi sharingan9,

your insight is correct.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #22,666
  • Nov 14, 2018 3:50am Nov 14, 2018 3:50am
Quoting bubincka
{quote} Hi ranilo.vince, clearly a wrong trade, at least would say early entries. It happens, reasons behind were mainly over stretched level for the pair and upcoming news on A expected green, plus some shy bullish signal on smaller TFs. China retail sales weaker than forecast weighted on AUD that is now sinking like a stone across the board. For the time being I'm still inside the levels of DD I can bear, let's see how it will evolve. Luckily I've other trades open that are going better, one is EA long approaching TP. {image}
Nice trade on EurAud. That is the benefit of your PA trading skills, if one trade doesn't work out you can find many other trades that win big just like your are doing now. Keep it up bro.
  • #22,667
  • Nov 14, 2018 3:50am Nov 14, 2018 3:50am
Quoting bubincka
{quote} Hi ranilo.vince, clearly a wrong trade, at least would say early entries. It happens, reasons behind were mainly over stretched level for the pair and upcoming news on A expected green, plus some shy bullish signal on smaller TFs. China retail sales weaker than forecast weighted on AUD that is now sinking like a stone across the board. For the time being I'm still inside the levels of DD I can bear, let's see how it will evolve. Luckily I've other trades open that are going better, one is EA long approaching TP. {image}
Can you post all the indicators plus the template ?
  • #22,668
  • Nov 14, 2018 3:59am Nov 14, 2018 3:59am
Quoting Newfxmmb
{quote} Can you post all the indicators plus the template ?
removed not sufficient experience to be here.
In trading, you have to be defensive and aggressive at the same time
  • #22,669
  • Nov 14, 2018 4:17am Nov 14, 2018 4:17am
NU short setup is coming, Davit as your request I removed my indicators. Reached D1 congestion area
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 35 KB
Click to Enlarge Name: NZDUSDDaily.png Size: 53 KB
Trade What's Happening... Not What You Think Is Gonna Happen
  • #22,670
  • Nov 14, 2018 4:22am Nov 14, 2018 4:22am
Quoting ToddyS2K
NU short setup is coming, Davit as your request I removed my indicators. Reached D1 congestion area {image} {image}
look what's coming up
if prints red then your short is dead...
I am bearish on USD anyway so to me its buy the dips...
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #22,671
  • Nov 14, 2018 4:46am Nov 14, 2018 4:46am
Today AUDUSD can be good opportunity to open longs.
Today red news from US and green news from Australia can boost up AUD.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 97 KB
  • #22,672
  • Nov 14, 2018 4:55am Nov 14, 2018 4:55am
Quoting Davit
{quote} look what's coming up if prints red then your short is dead... I am bearish on USD anyway so to me its buy the dips... {image}
I know. But forecasts are good and until now I don't see any weakness in USD. Maybe I'm wrong, but for me DXY can reach 100 supported by next interest rates rise.
Trade What's Happening... Not What You Think Is Gonna Happen
  • #22,673
  • Nov 14, 2018 5:07am Nov 14, 2018 5:07am
Quoting ToddyS2K
NU short setup is coming, Davit as your request I removed my indicators. Reached D1 congestion area {image} {image}
I think you look way too far back talking about that D1 congestion zone. and even so it doesnt mean that zone cant be broken at some point.
NU still can reach 100 and be inside and near that zone you are talking. the problem is that till 100 up are more than 100 pips,do you risk it for being short now just by looking so much time back? I do not.
Take what you can, give nothing back
  • #22,674
  • Nov 14, 2018 5:11am Nov 14, 2018 5:11am
Quoting ToddyS2K
NU short setup is coming, Davit as your request I removed my indicators. Reached D1 congestion area {image} {image}
Pívot is near and bull candles show price failed to break it. Look want go higher ( perfect for hunt sellers )
Try don't lose pants never...
  • #22,675
  • Nov 14, 2018 7:32am Nov 14, 2018 7:32am
Buying the dip on EC.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 137 KB
  • #22,676
  • Nov 14, 2018 7:46am Nov 14, 2018 7:46am
AN showing signs of reversal, might propel north if Aussie news come out great.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDM30.png Size: 34 KB
  • #22,677
  • Nov 14, 2018 10:11am Nov 14, 2018 10:11am
Great to see folks making the method work and either in winning trades or managing their DD. As for me I am still holding my trades but have not been able to either trade or analyze. I am a stay at home dad of 3 daughters and trade full time...have a sick baby and she is getting all my attention all day long till she is better. Have been looking at thread and charts every now and then to stay in shape and will be paying attention tomorrow for all those USD news.

There have been talks about the USMCA trade deal might be having issues passing so am paying close attention to that. A Mexico's Central Bank Del Cueto resigns but it was for health issues he had served for 30 years already nothing to do with USMCA nor will it affect the outcome. Still have USD short.
Invest in Life
  • #22,678
  • Nov 14, 2018 10:50am Nov 14, 2018 10:50am
UJ. Partials closes
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 62 KB
  • #22,679
  • Nov 14, 2018 11:52am Nov 14, 2018 11:52am
Davit i have question to you. I noticed severaly times they change predictions at the week from the weekend. From what is depends?

Yesterday predictions was:
Attached Image (click to enlarge)
Click to Enlarge Name: aud change 2.png Size: 4 KB


Now its lower:

Attached Image (click to enlarge)
Click to Enlarge Name: aud change.png Size: 5 KB
  • #22,680
  • Nov 14, 2018 12:28pm Nov 14, 2018 12:28pm
GOLD
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDWeekly.png Size: 57 KB
11 traders viewing now