Pivot Trading | Page 1171 | 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

  • #23,401
  • Dec 10, 2018 9:29am Dec 10, 2018 9:29am
Quoting dobrakaloria
EURGBP great opportunity
Watching it too...If you are already in on this one... manage it.
Wait for the system to show you the trade!
  • #23,402
  • Dec 10, 2018 9:30am Dec 10, 2018 9:30am
Quoting Davit
took a big loss on GU Badly managed this on many levels.At one point was twice in profit again greed got me...
Thanks for the honesty...

There is a (high probability) that you will (bounce) back from this (level) of trading to your killer instinct and be on (pivot). All puns intended...
Invest in Life
  • #23,403
  • Dec 10, 2018 10:06am Dec 10, 2018 10:06am
Quoting dobrakaloria
EURGBP great opportunity
I think so too

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp-m15-fx-choice-limited.png Size: 64 KB


Cheers !
- John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #23,404
  • Dec 10, 2018 10:17am Dec 10, 2018 10:17am
Quoting Davit
took a big loss on GU Badly managed this on many levels.At one point was twice in profit again greed got me...
Losses are normal, as we all know well because we all take some. In your case, after so many winners it's even more normal. What gives the bad feeling more than the loss in itself is when we realize we have fallen victim of greed. I think greed is the worst enemy, bigger than fear, that with growing experience becomes more manageable and eventually fades.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #23,405
  • Dec 10, 2018 10:37am Dec 10, 2018 10:37am
Quoting DrForexMD
{quote} I think so too {image} Cheers ! - John
Not really sure if this is strong, I was from below R138 but already out.
buying tops / selling bottoms
  • #23,406
  • Dec 10, 2018 10:39am Dec 10, 2018 10:39am
Quoting Davit
took a big loss on GU Badly managed this on many levels.At one point was twice in profit again greed got me...
Oh man sorry to hear. But I guess you're fine with this and you know the best there is always a new opportunity coming...
buying tops / selling bottoms
  • #23,407
  • Dec 10, 2018 10:42am Dec 10, 2018 10:42am
Quoting ToddyS2K
Fibo 78 Weekly, high probability bounce {image}
Speaking about bounce on weekly chart on Monday, you sure ?
You need to wait for candle close to see if there is any bounce, this candle will look very different each and every day...
buying tops / selling bottoms
  • #23,408
  • Dec 10, 2018 5:31pm Dec 10, 2018 5:31pm
Quoting Mundo
{quote} Thanks for the honesty... There is a (high probability) that you will (bounce) back from this (level) of trading to your killer instinct and be on (pivot). All puns intended...
Thanks Mundo and others.I am not emotional about taking the loss and that's part of trading.What it shows I manage my trades.That's all.
Yes I will recover no doubt as I often do.
You must have troops to fight on.

Because of thin liquidity moves are exaggerated and Feds looming date Dec 20 makes it worse.I believe serious deflation of USD once holidays are over and new year begins.
I believe Feds have overplayed their card Economy already showing cracks and if they push too fast too far you can expect meltdown of Wall Street and overall economy.Powell getting fired may also happen since this clown has been too hawkish without substance
In trading, you have to be defensive and aggressive at the same time
  • #23,409
  • Dec 10, 2018 11:13pm Dec 10, 2018 11:13pm
Quoting Davit
took a big loss on GU Badly managed this on many levels.At one point was twice in profit again greed got me...
Losses are part of the bargain, and believing in what you believe will get you back on track.I appreciate your honesty, which is worth learning from
Science and art
  • #23,410
  • Dec 11, 2018 1:01am Dec 11, 2018 1:01am
Quoting voty
{quote} Not really sure if this is strong, I was from below R138 but already out.
Basically I did not see any decisive PA yesterday after the rejection, this is why I got out.
Back in as now I can see it...
Attached Image (click to enlarge)
Click to Enlarge Name: [EURGBP,H4] 2018-12-11 0943 Trader_short_open_25x.png Size: 40 KB
buying tops / selling bottoms
  • #23,411
  • Dec 11, 2018 1:24am Dec 11, 2018 1:24am
Quoting voty
{quote} Basically I did not see any decisive PA yesterday after the rejection, this is why I got out. Back in as now I can see it... {image}
Voty, you do your analysis + entries based on H4?

Kind Regards,
Jimm
Building a Freedom All Time Return: 5,178.8%
  • #23,412
  • Dec 11, 2018 1:40am Dec 11, 2018 1:40am
Quoting J1mm
{quote} Voty, you do your analysis + entries based on H4? Kind Regards, Jimm
Yes I do mostly H4 or even daily. But sometimes I go lower, depends on pair, current PA or even my time availibility...
buying tops / selling bottoms
  • #23,413
  • Dec 11, 2018 1:50am Dec 11, 2018 1:50am
Bounce from Weekly Fibo 78 done
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 50 KB
Click to Enlarge Name: GBPUSDH4.png Size: 43 KB
Trade What's Happening... Not What You Think Is Gonna Happen
  • #23,414
  • Dec 11, 2018 2:20am Dec 11, 2018 2:20am
Quoting Davit
{quote} Thanks Mundo and others.I am not emotional about taking the loss and that's part of trading.What it shows I manage my trades.That's all. Yes I will recover no doubt as I often do. You must have troops to fight on. Because of thin liquidity moves are exaggerated and Feds looming date Dec 20 makes it worse.I believe serious deflation of USD once holidays are over and new year begins. I believe Feds have overplayed their card Economy already showing cracks and if they push too fast too far you can expect meltdown of Wall Street...
Agreed. There is some serious concerns in Europe also with growth weakening significantly. The question will be if/when the USD weakens and there is limited growth in Europe - and you are taking money out of USD longs than where does it go? Risk aversion assets like gold possibly. It should definitely be an interesting 2019 for sure.
  • #23,415
  • Dec 11, 2018 3:45am Dec 11, 2018 3:45am
Short UC on H4, long S&P on daily.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: [USDCAD,H4] 2018-12-11 1242 Trader_short_status.png Size: 44 KB
Click to Enlarge Name: [SP-DEC18.,Daily] 2018-12-11 1233 Trader.png Size: 44 KB
buying tops / selling bottoms
  • #23,416
  • Dec 11, 2018 4:21am Dec 11, 2018 4:21am
China is said to move on U.S Car Tariff Cut Trump tweeted on.....

Markets jump....

What do we call this piece of information....Manipulation?
Attached Image
Wait for the system to show you the trade!
  • #23,417
  • Dec 11, 2018 6:17am Dec 11, 2018 6:17am
Guys who trade GBP right now, be careful. Juncker-May meeting today. No one knows the outcome.
  • #23,418
  • Edited Dec 12, 2018 5:51am Dec 11, 2018 6:17am | Edited Dec 12, 2018 5:51am
What do you fellow traders think about the down grading of the news in this case? Taking into account the fact that the results were good for the USD.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 4 KB
Attached Image
Wait for the system to show you the trade!
  • #23,419
  • Dec 11, 2018 6:34am Dec 11, 2018 6:34am
EURAUD
Attached Image (click to enlarge)
Click to Enlarge Name: Екранна снимка (11).png Size: 292 KB
  • #23,420
  • Dec 11, 2018 7:30am Dec 11, 2018 7:30am
Quoting 1pipperhour
Guys who trade GBP right now, be careful. Juncker-May meeting today. No one knows the outcome.
and a related article worth a watch - "It's A Horrible Mess": Disgusted Traders Refuse To Trade The British Pound Any More
36 traders viewing now, 1 is registered:
kleyfernando