Pivot Trading

Quoting denisius

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{quote} Watch MD Again! And Again and Again and Again!!!!!! Consistent! You have to be consistent! Determine your amount of lots- Period. Not more not less per trade. Davits system is your gide. Enter the same amount of orders when price in your position. Let’s say 5 total. Enter 2 first then another 2 then 1. As your price progressing . Use ADR . If your 20 day 50 pips and price make 30 already towards you then POSSIBLY you still have another 20 to go. Determine your SL and TP. You took EU for example- ok, so let’s say you entered at 61, your stop...

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Quoting fibo38

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[quote = General Lee; 12054906] construyendo el GBPCAD corto [/ quote] The gbp will not fall. It is very strong.

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Quoting Mct63

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I have a question for the more experienced in this trading approach if I may. I understand the system and have been following for some time however I have a question with one particular aspect. Example: I enter at the 61.8 to 100 zone with small lots. And ideally exit at the pivot. But what happens when you enter for a small lot and price starts to go your way. At what stage do you commit more lots, as Davit often does. At times I have added more lots to see price move against me, and if I don't add more lots the profit is very small. See EU at...

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Quoting fibo38

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[quote = General Lee; 12054906] construyendo el GBPCAD corto [/ quote] The gbp will not fall. It is very strong.

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Quoting bubincka

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{quote} I'm in and in considerable DD, still manageable. Poor data today on CAD CPI didn't help. I managed to stay out of GBP pairs most of the time fearing Brexit and that's atm I entered a crazy rally on pound started. This is FOREX the most difficult market to trade. {image}

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Quoting General Lee

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{quote} i hope it will drop soon bro....but i could be wrong {image}

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Quoting Mundo

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Why would anyone in this thread place a trade when price passed 100 and is supported by fundamentals? Brexit is part of fundamentals..! Go to 4hr chart and open all other pairs and watch how many of them quietly reversed at key pivots. Trying to catch tops and bottoms is another thread...here we trade high probability trades.

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Quoting denisius

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{quote} Cause it was simply too good to NOT TO TAKE.

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Quoting Mundo

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{quote} How is that working out?

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Quoting Mundo

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{image}

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Quoting denisius

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We are all in DD on GC. Question is wether we can manage DD or get out? According to our system we are way above 100 Pivot. Time to consider “ was it supported fundamentally “ probably. Brexit bs pushing it higher because there is No Brexit yet. All that hanging really in the air. If GB leaving EU with No deal that might will take G down a notch but overall LEAVING EU is good for G. Pound was always independent currency. Very strong by itself.

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Quoting denisius

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{quote} Dude, no need to be smartass. There is plenty of the people here who knows what they are doing. You follow your path, it’s great. Let others learn on their mistakes.

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Quoting Mundo

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{quote} So the trades are based on speculations, he-said she-said, back and forth bs that has been going on for years. Yeah once in a while trades work out...and the amount of pips make it a beauty...but more often than not this happens. GBP in my opinion is worse than CHF and you get banned for that.

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Quoting Mundo

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{quote} No one is being a smart ass...if your DD has you on edge and blind to see that I am just trying to keep folks from getting into trades that are not just bad but against this thread rules is understandable. That is the reason I don't post my trades just results. Folks don't appreciate help.

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