Pivot Trading | Page 1165 | 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

  • #23,281
  • Dec 6, 2018 7:11am Dec 6, 2018 7:11am
EU long looks attractive, bounce from WPP with PA to confirm. USD Non-Manufacturing PMI forecast is negative which could lead to softer U$D.
  • #23,282
  • Dec 6, 2018 7:12am Dec 6, 2018 7:12am
NC add more position. TDI pointing down, also nzdusd start going south
  • #23,283
  • Dec 6, 2018 7:44am Dec 6, 2018 7:44am
Today: NU(Very good range-watching closely), AU(also look interesting) thoughts ?
Monday and probably very later today fading of news(watchlist): very interested in the CAD(GC short, UC-short) PA seem to be holding water on the key levels
Thank you soo much Davit(This is a crystal ball)
Attached Image (click to enlarge)
Click to Enlarge Name: ej.png Size: 173 KB
  • #23,284
  • Dec 6, 2018 8:31am Dec 6, 2018 8:31am
NU - adding short positions.
  • #23,285
  • Dec 6, 2018 8:45am Dec 6, 2018 8:45am
Quoting fxbarwise
NU - adding short positions.
I would be mindful shorting NU. AUD looks to gain strength and NU is her little brother, the otherall picture is for NU to go down south however it had its turn and now I think there little room for this to go north...... Timing is everything

keep your eye on E/A
  • #23,286
  • Dec 6, 2018 8:58am Dec 6, 2018 8:58am
Quoting Davit
Hi guys All I can say stay patient. Lot can happen after OPEC meeting.Yes my trades are red and some moving back to right direction. This reminded me about holidays when MM push price to extreme kind of similar end of the year pushing before dumping. IMO Cad dumping was planned by MM and there was no real reason.Rate remaining the same was expected.Anyway market does what it does all we can do manage our trades. I am staying tight today I do anticipate CAD gaining. CJ is still great opportunity to long price like this does not come often
Hey Davit, gotta love summer and holiday trading! One of the reasons why I stay low key and spend majority of time with familia y amigos! While everyone is in the spirit of giving the MM are in the spirit of taking! lol

That said i'll be watching these areas on Cad/Jpy

https://www.forexfactory.com/showthr...1#post11774981

As always my friend...

Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #23,287
  • Dec 6, 2018 9:05am Dec 6, 2018 9:05am
There is no doubt that pivots work..Sometimes its easy to hit the order a little to soon, then have to manage more DD.. Some of the best advice that Davit shared here is choosing the right direction on pairs so that positive swap occurs. CJ buy is an opportunity to look forward to now for that very reason..
  • #23,288
  • Dec 6, 2018 9:17am Dec 6, 2018 9:17am
EU working at the moment...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H1_strategy name_20181206171529.gif Size: 36 KB
  • #23,289
  • Dec 6, 2018 9:17am Dec 6, 2018 9:17am
Quoting sonseeker
There is no doubt that pivots work..Sometimes its easy to hit the order a little to soon, then have to manage more DD.. Some of the best advice that Davit shared here is choosing the right direction on pairs so that positive swap occurs. CJ buy is an opportunity to look forward to now for that very reason..
This is true sonseeker. One way the MM uses to offset your swap theory is to shift away from the zone and make people scream uncle. This is one reason why money management is critical using this strategy and experience is King!

Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #23,290
  • Dec 6, 2018 9:21am Dec 6, 2018 9:21am
Quoting RieseP
{quote} I would be mindful shorting NU. AUD looks to gain strength and NU is her little brother, the otherall picture is for NU to go down south however it had its turn and now I think there little room for this to go north...... Timing is everything keep your eye on E/A
Thanks for your opinion RieseP.
I think NU still has some strength to the downside - this is just my opinion. I could very well be wrong off cause.
  • #23,291
  • Edited 10:11am Dec 6, 2018 9:42am | Edited 10:11am
Love pivots but PA is the king.
Blue is broken, red is broken, all pointing down.
Do I keep open my longs ? No, they are long gone.

Watching different zones now at 82.5 and 81...

edit: Replaced the chart, support lines are taken from weekly not daily.
Attached Image (click to enlarge)
Click to Enlarge Name: [CADJPY,Weekly] 2018-12-06 1706 Trader_bigger_picture_fixed.png Size: 53 KB
buying tops / selling bottoms
  • #23,292
  • Dec 6, 2018 9:44am Dec 6, 2018 9:44am
Russia joins OPEC meeting tomorrow. Will we see a twist? We just have to wait and see.

https://www.forexlive.com/news/!/ope...ebate-20181206
  • #23,293
  • Dec 6, 2018 10:48am Dec 6, 2018 10:48am
EU
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 55 KB
  • #23,294
  • Dec 6, 2018 10:54am Dec 6, 2018 10:54am
Quoting fibo38
EU {image}
fibo38,
could you pls share your ADR indi that shows the daily range on chart with lines?
  • #23,295
  • Dec 6, 2018 11:00am Dec 6, 2018 11:00am
Quoting fibo38
EU {image}
great entry.
buying tops / selling bottoms
  • #23,296
  • Dec 6, 2018 11:02am Dec 6, 2018 11:02am
[quote = armaros; 11776028] {quote} fibo38, ¿podría usted compartir su indi ADR que muestra el rango diario en la tabla con líneas? [/ quote]
Sure, here you have
Attached File(s)
File Type: ex4 DWMRanges_wAlerts.ex4   22 KB | 666 downloads
  • #23,297
  • Dec 6, 2018 11:03am Dec 6, 2018 11:03am
I am still bearish on CJ, but this looks as a high probability set-up for me...
Attached Image (click to enlarge)
Click to Enlarge Name: [CADJPY,H4] 2018-12-06 1800 Trader_open_long.png Size: 53 KB
buying tops / selling bottoms
  • #23,298
  • Dec 6, 2018 11:18am Dec 6, 2018 11:18am
US30
THE SAME SCENARIO, from last week. We will see
Attached Image (click to enlarge)
Click to Enlarge Name: US30M15.png Size: 43 KB
  • #23,299
  • Dec 6, 2018 12:38pm Dec 6, 2018 12:38pm
from 06 august 2018 to 06 december 2018

Thank Davit
Attached Image (click to enlarge)
Click to Enlarge Name: tp.jpg Size: 319 KB
  • #23,300
  • Dec 6, 2018 1:43pm Dec 6, 2018 1:43pm
Quoting Zar-fxball
Today: NU(Very good range-watching closely), AU(also look interesting) thoughts ? Monday and probably very later today fading of news(watchlist): very interested in the CAD(GC short, UC-short) PA seem to be holding water on the key levels Thank you soo much Davit(This is a crystal ball) {image}
What platform is this? thanks
17 traders viewing now