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Pivot Trading

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  • Post #23,841
  • Quote
  • Jan 2, 2019 1:03pm Jan 2, 2019 1:03pm
  •  MrDevisen
  • | Joined Oct 2016 | Status: Member | 124 Posts
Quoting 1pipperhour
Disliked
Crazy drop on EC ...
Ignored
Over 200pips. Liquidity is back
Wait for the system to show you the trade!
 
5
  • Post #23,842
  • Quote
  • Jan 2, 2019 1:32pm Jan 2, 2019 1:32pm
  •  fxbarwise
  • Joined Mar 2012 | Status: Member | 256 Posts
Looking at gold, looks like a good reversal at R61 on H4.
If you can't play golf you have a job, if you can't trade you play golf...
 
 
  • Post #23,843
  • Quote
  • Jan 2, 2019 5:19pm Jan 2, 2019 5:19pm
  •  irishcraig09
  • | Joined Jun 2011 | Status: Member | 94 Posts
USDCAD short, strong resistance at MR38. Any thoughts to help me improve are welcome.
Thanks
Craig
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1
 
  • Post #23,844
  • Quote
  • Jan 2, 2019 5:41pm Jan 2, 2019 5:41pm
  •  jsphshi
  • | Joined Feb 2015 | Status: Member | 25 Posts
wow that is a big move
https://www.tradingview.com/x/w6JPZAt0/
 
2
  • Post #23,845
  • Quote
  • Jan 2, 2019 5:49pm Jan 2, 2019 5:49pm
  •  Egbert
  • Joined Aug 2017 | Status: Member | 1,020 Posts
WoW, all currencies spread is flickering like Christmas tree lights on my platform.
Nothing is impossible - IHS
 
 
  • Post #23,846
  • Quote
  • Jan 2, 2019 5:57pm Jan 2, 2019 5:57pm
  •  jsphshi
  • | Joined Feb 2015 | Status: Member | 25 Posts
audusd ADR 665%
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2
  • Post #23,847
  • Quote
  • Jan 2, 2019 6:01pm Jan 2, 2019 6:01pm
  •  Sparrow
  • Joined May 2014 | Status: Diggin' my way... | 4,732 Posts
and we just talked about keeping DD without a plan ,then boom. really sorry for those bulls on CAD and AUD.
not to laugh cos i got hit by such shit in the past and i know how hard is to get back on track.
Take what you can, give nothing back
 
6
  • Post #23,848
  • Quote
  • Jan 2, 2019 6:02pm Jan 2, 2019 6:02pm
  •  OhComeOn
  • Joined Feb 2017 | Status: Chillin and Grillin | 911 Posts
There is going to be A LOT of pissed off traders, that was an insane move across the board. WOOOOOOO!!!!
"What the wise do in the beginning, fools do in the end."-Warren Buffet
 
1
  • Post #23,849
  • Quote
  • Jan 2, 2019 6:04pm Jan 2, 2019 6:04pm
  •  Flyre
  • | Joined Jul 2018 | Status: Member | 34 Posts
GBPAUD 2k pip.... what
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If you don't respect risk, eventually they'll carry you out.
Flyre All Time Profit: -<span class="currencySymbol"><i>S</i></span>$3,372
 
1
  • Post #23,850
  • Quote
  • Jan 2, 2019 6:12pm Jan 2, 2019 6:12pm
  •  Egbert
  • Joined Aug 2017 | Status: Member | 1,020 Posts
Quoting Flyre
Disliked
GBPAUD 2k pip.... what {image}
Ignored
That is why with this system we do not trade hyper pairs, anything above 120 ADR.
Nothing is impossible - IHS
 
1
  • Post #23,851
  • Quote
  • Jan 2, 2019 6:12pm Jan 2, 2019 6:12pm
  •  voty
  • Joined Sep 2015 | Status: Member | 287 Posts
Well I knew it is not super clever to trade the first week in January.

But WTF was this spike ? I saw it live and it was basically over within 5 minutes.
If I did not have hard TP set, I could just close the month here and now.
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buying tops / selling bottoms
 
4
  • Post #23,852
  • Quote
  • Jan 2, 2019 6:16pm Jan 2, 2019 6:16pm
  •  Egbert
  • Joined Aug 2017 | Status: Member | 1,020 Posts
Quoting voty
Disliked
Well I knew it is not super clever to trade the first week in January. But WTF was this spike ? I saw it live and it was basically over within 5 minutes. If I did not have hard TP set, I could just close the month here and now. {image}
Ignored
Market maker surprize?
Nothing is impossible - IHS
 
1
  • Post #23,853
  • Quote
  • Jan 2, 2019 6:31pm Jan 2, 2019 6:31pm
  •  Sparrow
  • Joined May 2014 | Status: Diggin' my way... | 4,732 Posts
might not matter for many but at least you know what hit you
https://www.forexlive.com/news/!/two...e-yen-20190102
Take what you can, give nothing back
 
5
  • Post #23,854
  • Quote
  • Jan 2, 2019 6:34pm Jan 2, 2019 6:34pm
  •  huatboyz
  • Joined Jun 2007 | Status: Member | 190 Posts
The flash crash really caught everyone off guard...
Pips Collector EA, No Martingale, No Grid
 
 
  • Post #23,855
  • Quote
  • Jan 2, 2019 6:39pm Jan 2, 2019 6:39pm
  •  Sparrow
  • Joined May 2014 | Status: Diggin' my way... | 4,732 Posts
Quoting huatboyz
Disliked
The flash crash really caught everyone off guard...
Ignored
not everyone ...
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Take what you can, give nothing back
1
8
  • Post #23,856
  • Quote
  • Jan 2, 2019 7:01pm Jan 2, 2019 7:01pm
  •  cjsun791
  • | Joined Jun 2014 | Status: Member | 60 Posts
counter trend trading cant compete with algos
 
 
  • Post #23,857
  • Quote
  • Jan 2, 2019 7:03pm Jan 2, 2019 7:03pm
  •  Egbert
  • Joined Aug 2017 | Status: Member | 1,020 Posts
Quoting cjsun791
Disliked
counter trend trading cant compete with algos
Ignored
SWING TRADING?
Nothing is impossible - IHS
1
 
  • Post #23,858
  • Quote
  • Jan 2, 2019 7:13pm Jan 2, 2019 7:13pm
  •  Egbert
  • Joined Aug 2017 | Status: Member | 1,020 Posts
"These numbers should be utilized when price action has exceeded the
1.618 projection. When the 1.618 level has been "blown out," the price
action is usually volatile. Reversals from these numbers can be quite
dramatic, quickly reversing after hitting an extreme projection."

JUST A FEW LINES FROM THE HARMONIC TRADING DOCUMENT...…
PIVOT POINTS IS HARMONIC.
Nothing is impossible - IHS
1
1
  • Post #23,859
  • Quote
  • Jan 2, 2019 8:20pm Jan 2, 2019 8:20pm
  •  nimtrader
  • | Joined Dec 2016 | Status: Member | 534 Posts
bugger that AN spike just blew out my A/c that I'd kept going for the last 4 yrs
I will get my head around this, but always can be wrong
 
 
  • Post #23,860
  • Quote
  • Jan 2, 2019 8:58pm Jan 2, 2019 8:58pm
  •  kellycml
  • | Joined May 2018 | Status: Member | 163 Posts
Quoting nimtrader
Disliked
bugger that AN spike just blew out my A/c that I'd kept going for the last 4 yrs
Ignored
I had the same pain last quarter ... starting again with better MM. Not giving up.
 
1
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