Pivot Trading | Page 1410 | 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

  • #28,181
  • Apr 3, 2019 12:15pm Apr 3, 2019 12:15pm
For sake of truth these week was very lukewarm ..... i em floating inside UJ -short, EU - long and some AN - short....
  • #28,182
  • Apr 3, 2019 12:20pm Apr 3, 2019 12:20pm
Might want to trade with calendar events in mind, especially high impact ones. Pairs really move around these times.
  • #28,183
  • Apr 3, 2019 1:33pm Apr 3, 2019 1:33pm
I love having the Forex Calendar info on my charts. I don't like having the information on my chart window because it sometimes it blocks the view. I searched ForexFactory for a similar calendar indicator I could put in the lower window and found ffcal-headlines.mq4 and modified it to appear in lower window. I increased the font size to 9 and here it is.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 77 KB
Attached File(s)
File Type: ex4 ffcal-headlines.ex4   73 KB | 444 downloads
File Type: mq4 ffcal-headlines.mq4   48 KB | 511 downloads
  • #28,184
  • Apr 3, 2019 1:38pm Apr 3, 2019 1:38pm
Quoting Cryptosurf
{quote} I exited around the same area as well. My general rule is draw a fib from the start of the swing to the latest high. If it drops below the 236 then im out. It tagged it and bounced higher. Im ok with it. IMO trading is not so much how much you can make, more like how much you can keep.
Hi Cryptosurf,

yours is really a good point.
To be sure to understand 100% would you mind to post a picture example ?

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #28,185
  • Apr 3, 2019 1:56pm Apr 3, 2019 1:56pm
Quoting DrForexMD
{quote} Davit, Believe it or note, I went to the IRS for help to the business section when several accountants could not my help me. Over the last 14 years, they have become more lenient before and after my retirement from medical practice. Or, find an accountant(s) who had worked at the IRS and understands taxation for businesses. With a tax extension, you are least likely to get audited too. It would cost less to get direct help from the IRS with taxation then used TurboTax Deluxe software for Business and Personal Taxes, which I did for many...
Thank you John will consider your advise!
In trading, you have to be defensive and aggressive at the same time
  • #28,186
  • Apr 3, 2019 2:00pm Apr 3, 2019 2:00pm
NC gap closing.Something to be aware of
Using plain chart for clarity
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADH1.png Size: 26 KB
In trading, you have to be defensive and aggressive at the same time
  • #28,187
  • Apr 3, 2019 2:48pm Apr 3, 2019 2:48pm
Worth to watch it i think GU....!?
Attached Image (click to enlarge)
Click to Enlarge Name: 77.png Size: 43 KB
  • #28,188
  • Apr 3, 2019 3:06pm Apr 3, 2019 3:06pm
Quoting bubincka
{quote} Hi Cryptosurf, yours is really a good point. To be sure to understand 100% would you mind to post a picture example ? Best regards, Bubincka
Here's the example of why I closed it out. The pullback of the .236 is my last line in the sand.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD_H1.PNG Size: 54 KB


As you mentioned it ran above and back below the ADR.
Trade with confidence, trade without fear.
  • #28,189
  • Apr 3, 2019 3:23pm Apr 3, 2019 3:23pm
it seems the market is seeing that Japan is going through a moment of uncertainty
Japan announced the name of the new era that begins May 1 and a new emperor.
US President Donald Trump said on Tuesday that trade talks with China are going very well
Not even that makes my GOLD react lol
but UJ it seems shows weakness of dollar with uncertainties in Japanl
  • #28,190
  • Apr 3, 2019 3:34pm Apr 3, 2019 3:34pm
Quoting Cryptosurf
{quote} Here's the example of why I closed it out. The pullback of the .236 is my last line in the sand. {image} As you mentioned it ran above and back below the ADR.
Hi Cryptosurf,

Thank you,
Bubincka
Porta itineris dicitur longissima esse
  • #28,191
  • Apr 3, 2019 3:37pm Apr 3, 2019 3:37pm
Quoting Cryptosurf
{quote} Here's the example of why I closed it out. The pullback of the .236 is my last line in the sand. {image} As you mentioned it ran above and back below the ADR.
Do You use Fibs to determine your take profit? especially when your not in a position to monitor your trades?
  • #28,192
  • Apr 3, 2019 4:26pm Apr 3, 2019 4:26pm
I am sticking my neck out here, but Davit needs supporting.
Attached Image (click to enlarge)
Click to Enlarge Name: New daily record.PNG Size: 27 KB


I set myself a new daily record.

I know it includes two quick trades on GN and GJ - very naughty.

I even trade the currency we are not supposed to talk about here, when the opportunity presents itself.

Thanks for your great system Davit and your continued support for the traders here.
  • #28,193
  • Apr 3, 2019 5:13pm Apr 3, 2019 5:13pm
Quoting ikdenk
I am sticking my neck out here, but Davit needs supporting.{image} I set myself a new daily record. I know it includes two quick trades on GN and GJ - very naughty. I even trade the currency we are not supposed to talk about here, when the opportunity presents itself. Thanks for your great system Davit and your continued support for the traders here.

YEOW!!!!
  • #28,194
  • Apr 3, 2019 5:37pm Apr 3, 2019 5:37pm
Quoting ikdenk
I am sticking my neck out here, but Davit needs supporting.{image} I set myself a new daily record. I know it includes two quick trades on GN and GJ - very naughty. I even trade the currency we are not supposed to talk about here, when the opportunity presents itself. Thanks for your great system Davit and your continued support for the traders here.
fantastic !!!!
your report would help us much more if we could compare with your Open Trades report
  • #28,195
  • Edited Apr 4, 2019 4:59am Apr 3, 2019 5:44pm | Edited Apr 4, 2019 4:59am
Quoting Davit
{quote} I was told by an accountant they changed the tax code for 2018 which fees are not deductible to make things worst my Broker Oanda does not send out 1099 form or any profit form and basically from their perspective IRS does not even know I have account there but does not mean they wont once you put thousands in your bank.. Have not done my taxes yet researching to find someone who understands it.So far not having luck. Problem it seems because few forex traders are profitable CPA's don't do enough if any all year to have experience.I asked...
I have to finish mine this weekend...I will research possibly as early as tonight or tomorrow. I may be in the same boat next year. I have been using Turbotax since 1999. An accountant taught me back then. Been doing my own since. I can forward any info I get if you want. May help more people here. I did a quick search and found this if you do not mind me posting.... https://ttlc.intuit.com/questions/36...h-i-can-deduct
  • #28,196
  • Apr 3, 2019 5:45pm Apr 3, 2019 5:45pm
I'm still sitting on UJ. I'm letting UC run a bit more, I think she still has legs!

Cheers,
Nigel

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 74 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
  • #28,197
  • Apr 3, 2019 5:49pm Apr 3, 2019 5:49pm
Quoting ikdenk
I am sticking my neck out here, but Davit needs supporting.{image} I set myself a new daily record. I know it includes two quick trades on GN and GJ - very naughty. I even trade the currency we are not supposed to talk about here, when the opportunity presents itself. Thanks for your great system Davit and your continued support for the traders here.
wow nice !!
can you explore your live trading in here??
onorebate
  • #28,198
  • Apr 3, 2019 6:56pm Apr 3, 2019 6:56pm
Quoting RieseP
{quote} Do You use Fibs to determine your take profit? especially when your not in a position to monitor your trades?
No not really, price action and watching how far it goes until it hits ADR, etc. I generally don't like to sleep in trades much nor hold over the weekends. Ill see a prime setup and hit it hard, take the money and run. I only do maybe 2-4 trades per week. Including Energy and Equities.
Trade with confidence, trade without fear.
  • #28,199
  • Apr 3, 2019 9:50pm Apr 3, 2019 9:50pm
Too early but i my goal this week. I hope can reach 4 digit soon . Thanks Davit and all contributors, still have a lot things to learn here
Attached Image (click to enlarge)
Click to Enlarge Name: Pivot.png Size: 22 KB
Stay low, Go fast - No luck, All skill
  • #28,200
  • Apr 3, 2019 10:23pm Apr 3, 2019 10:23pm
Quoting mizi123
Worth to watch it i think GU....!? {image}
I am watching this as a potential and NFP should confirm things
14 traders viewing now