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Pivot Trading

  • #26,921
  • Mar 11, 2019 2:52pm Mar 11, 2019 2:52pm
Quoting Davit
{quote} 3pip on average most Brokers in US. I would not categorize as insane.If its insane change the broker! Passing up on good set up because of few pips difference is not seeing the potential what you can MAKE Cost of doing business. Most of you on this thread are not ready to trade how this system is meant to be.Its no offense just it is.Your post above illustrates it. When I am not here there is steep decline in execution here in general.You guys got to step up.Continue on!
8-10 pip in my case. Point taken.
  • #26,922
  • Mar 11, 2019 3:20pm Mar 11, 2019 3:20pm
NZDCAD
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Fearful in losing, hopeful in winning.
  • #26,923
  • Mar 11, 2019 3:23pm Mar 11, 2019 3:23pm
EUR/NZD - AUD/NZD

My next targets. I think both may go a bit lower, waiting for better price action before I pull the trigger to go long.

I was in AUD/NZD earlier but I had messed up my entry so I just closed it out for small loss. I want to clean up mistakes not fight them.

I've been trading for years and I still blow up accounts. I took one account last month from 5k to 16k and then proceeded to go short several GBP pairs too early, then got distracted with other things and just let it blow up. I could have saved it if I just cared enough, guess I wanted that account to self destruct (or just hindsight now I see a way that it could have been saved). Anyways I'm game for the challenge. Gave the account 500.00 to recapitalize and will double it over and over all again.

Here is one thing, you can make a lot of money trading Forex. The amount of work and attention you give your trades will have a HUGE impact on your returns.

Best to all!
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  • #26,924
  • Edited Mar 12, 2019 1:14am Mar 11, 2019 3:34pm | Edited Mar 12, 2019 1:14am
Quoting RieseP
{quote} What does your trade manager do if you don't mind me asking?
Hi RieseP,

It simply let you set a TP, optional trailing and equity SL for your trades.
More than that, buttons are comfortable to place instant/pending orders plus a closing feature.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #26,925
  • Mar 11, 2019 6:23pm Mar 11, 2019 6:23pm
Quoting pgr45za
{quote} Forgiveness is powerful. Get some. Give some. No need for you to leave. I will not be contributing here any more. Your antagonism towards me speaks volumes, but the actions remain with their perpetrators. All the best to all of you.
Thank you for your contribution here but I am going to make it permanent you not posting here.
Its best that way.Green journey.
In trading, you have to be defensive and aggressive at the same time
  • #26,926
  • Mar 11, 2019 6:35pm Mar 11, 2019 6:35pm
NZDCAD - SELL

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  • #26,927
  • Mar 11, 2019 6:51pm Mar 11, 2019 6:51pm
Quoting DrForexMD
Well Folks, I wish you all a healthy, restful and happy weekend ! I generally do not like to brag, but I restarted my live Oanda V2 account with $50.00 after I had to close it several weeks ago to pay a few emergency bills. But, I made a whole $2.00 or 4% in one day (today). It is all relative. It is this brilliant Davit's System with just a $50 account, made a 4% daily profit! But, of course there is no guarantee as Forex trading is very risky business, but potentially very profitable business if you set your plan and goals ! That is, if I had...
What are you trying to imply here?
Are you saying, 4% a day with system is piece of cake, everyday? if you do, I never read such claims from Davit or any others so far.
Are you mocking the system?
either of these, you should clean up the post which is misguiding the traders or removed from this thread.
Determination + Persistence = Success
  • #26,928
  • Mar 11, 2019 7:02pm Mar 11, 2019 7:02pm
Quoting SKLearn
{quote} What are you trying to imply here? Are you saying, 4% a day with system is piece of cake, everyday? if you do, I never read such claims from Davit or any others so far. Are you mocking the system? either of these, you should clean up the post which is misguiding the traders or removed from this thread.
It was a motivational post to himself.I don't think he meant it as a serious goal.Market give what it gives and sometimes either trades set up not there or prices not moving hence one can't say it for real.
There is value setting higher goal even when you fall short its usually higher then average goal.I think your tone was little aggressive John is a valuable contributor here.
Cheers
In trading, you have to be defensive and aggressive at the same time
  • #26,929
  • Mar 11, 2019 7:06pm Mar 11, 2019 7:06pm
Let's calm down guys.
We will be able to make more money, with harmony, and concentrate on the trades, the calendars, the events and helping each other to see some obscure points.
Intrigues does not help at all !!!
Participation of all is very important.
If you do not have much talent to see a good setup, try contributing fundamental analysis, news, etc.
Thus, the thread will be enriched and we will also.
we will give our best while the davit is taking a break.
He will be happier when he comes back definitively.
  • #26,930
  • Edited 8:38pm Mar 11, 2019 7:12pm | Edited 8:38pm
Quoting SKLearn
{quote} What are you trying to imply here? Are you saying, 4% a day with system is piece of cake, everyday? if you do, I never read such claims from Davit or any others so far. Are you mocking the system? either of these, you should clean up the post which is misguiding the traders or removed from this thread.
you might wanna read again his post and calm down a bit,is not at all that bad you think it is,and try take it as a whole picture. and as Davit said mr MD really have a plesant contribution here.
cheer up!
Take what you can, give nothing back
  • #26,931
  • Mar 11, 2019 7:13pm Mar 11, 2019 7:13pm
anyone trade on GU?
  • #26,932
  • Mar 11, 2019 7:16pm Mar 11, 2019 7:16pm
Quoting r61
{quote} Hello andy, If you trade GBP tomorrow, be aware of this event, may cause some spikes : {image} worth some read: https://www.bbc.com/news/uk-politics-47482047 Trade safe and green pips!
Yes, notice that on Wed - in my calendar..
thanks..
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #26,933
  • Mar 11, 2019 7:29pm Mar 11, 2019 7:29pm
Quoting widyantoro
anyone trade on GU?
why you ask?
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Take what you can, give nothing back
  • #26,934
  • Mar 11, 2019 8:36pm Mar 11, 2019 8:36pm
Quoting Davit
Added AC longs at 6365-70 DD at 6425 no issues.I trade small relative to my account size to deal with unexpected like market manipulation we experienced and other reasons This was not Red News Event this was unexpected market manipulation which can happen on any pair any time. Fact is have DD on AC but have bigger profits on NC Train is going forward full speed Market can prove me wrong anytime!Meaning every trade I make has inherent risk. Risking money to make...

Davit: Risking money(DD) to make money is trading and that's given. i closed EU for small profit , my heart not strong enough.
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  • #26,935
  • Mar 11, 2019 8:49pm Mar 11, 2019 8:49pm
closed my NJ long +254.
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  • #26,936
  • Edited 12:14am Mar 12, 2019 12:04am | Edited 12:14am
Trade Manager closed my AJ long +154.
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  • #26,937
  • Mar 12, 2019 1:12am Mar 12, 2019 1:12am
back to trade. sold USDJPY - +520
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  • #26,938
  • Mar 12, 2019 2:02am Mar 12, 2019 2:02am
NzdCad looks extended with no news on Nzd and some Cad news later in week.
Looking for a swing back to the weekly pivot.
I normally only aim for the pivot but have seen many trades go much further in the past. This is an area I need to improve on.
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  • #26,939
  • Mar 12, 2019 2:48am Mar 12, 2019 2:48am
Quoting Mct63
NzdCad looks extended with no news on Nzd and some Cad news later in week. Looking for a swing back to the weekly pivot. I normally only aim for the pivot but have seen many trades go much further in the past. This is an area I need to improve on. {image}
NZD is perceived as the new safe-haven.
Brexit fears, China slowdown etc. matter on the markets and when these global issues will find a definition and RBNZ will announce OCR cuts there will be a rebalancing, probably in favor of AUD, since now AN is trading at minimum levels-
Porta itineris dicitur longissima esse
  • #26,940
  • Mar 12, 2019 3:16am Mar 12, 2019 3:16am
I got my lesson with NZD. So I'm not very aggressive with NZD trades, especially with NC.

Waiting this

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