Pivot Trading

Ты заебал по Русски пиздеть в чате где никто не говорит на русском языке. Или переводи или не пиши вообще.

In addition weekly and daily bars are bullish engulfing. There is a room through the R100. It might be a magnet.
2 hours later there will be the major news. I will take the shot. Wait a little bit in case of price can drop before the upside move. Nevertheless, anything can happen.

The most challenging one is the data will be released 2:00 am in my local time and I struggle to wake up in the mornings.

Hi Pivoters
This is what Pivot trading is.Taking advantage of events,being aware of them and hitting those pivots with PA.
Covers all bases.
Do this until it becomes a HABIT!
Success can become a HABIT! That's where you want to be taking money from market at will.

It didnt work. Closed it.

woooooo we are flying on NZD

I balanced my trades that no matter I will profit
AN DD but not huge manageable but making money on
EA AU AJ UC

Did it also effect aud? At the same time aud also gained. I didnt get the correlation because it was a specific news for nzd.

Thank you Davit for the great advice and clear system

Now the second part becomes playable

commodity pairs are correlated AUD NZD CAD
Against each other difference shows more

UC broke WP opening up 32 below

in DD on UJ, closed good AN and NU, as well as EU. Can keep it higher if there would be a reason for it. So far i dont get it why J loosing against dollar. But hey, time tells the story. I stick to mine

Hello all --- I am following NZD news

Official Cash Rate unchanged at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr:
Tena koutou katoa, welcome all.
The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and 2020. The direction of our next OCR move could be up or down.
Employment is near its maximum sustainable level. However, core consumer price inflation remains below our 2 percent target mid-point, necessitating continued supportive monetary policy.
Trading-partner growth is expected to further moderate in 2019 and global commodity prices have already softened, reducing the tailwind that New Zealand economic activity has benefited from. The risk of a sharper downturn in trading-partner growth has also heightened over recent months.
Despite the weaker global impetus, we expect low interest rates and government spending to support a pick-up in New Zealand’s GDP growth over 2019. Low interest rates, and continued employment growth, should support household spending and business investment. Government spending on infrastructure and housing also supports domestic demand.
As capacity pressures build, consumer price inflation is expected to rise to around the mid-point of our target range at 2 percent.
There are upside and downside risks to this outlook. A more pronounced global downturn could weigh on domestic demand, but inflation could rise faster if firms pass on cost increases to prices to a greater extent.
We will keep the OCR at an expansionary level for a considerable period to contribute to maximising sustainable employment, and maintaining low and stable inflation.

My pending trades against NZD were not activated. nice opportunity to look for long esp on AZ at discounted price...

What was your UJ sell number

Lets all keep our heads here and take advantage of what was just giving to us NU Spike and AN drop open doors for the real money to be had LOOK at the Pivots


News was a money grab to confuse everyone

Look at the charts and the Pivots

I am still learning so this is a dumb question, can we expect NU to keep climbing?

AU, AC, NC in profit...AJ 300+ so far. Considering my goal is 500 pips per week for the next 3 months I'd say on track. Have UJ shorts ready for the rest of the week.

All pairs still running. AU and AJ could very well be in early stages of forming a cup and handle.

Why don't you look at the calendar and see if there are red news on USD this week and perhaps think about your question from that info as a background.
Seriously have you been reading here or sleep walking!

The 5 Fundamental Truths of Trading:Mark Douglas
1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.

Mine would be the R138

There is a 61.8 Fib setting there from the last swing high to swing low so 110.800 has and remains my sell target

Sorry forgot to attach pics