Pivot Trading

should this print red expect sell off of USD to pick up
10am

EU long growing legs...

Me second shorts positions after closing yesterdays positions. Following up on this until we fall like rock. Selling high only

Update

XTIUSD for this month only

To All Traders That May Not Know

U of MICHIGAN CONSUMER SENTIMENT
Will be very interesting to see the result.

US GDP growth was AMAZING , BUT , no response , UP , as of yet from the market.
A full 2/3 of the US GDP is CONSUMER SPENDING.

Personal Consumption Expenditures PRINTED RED this morning alongside the US GDP Data Release. USD has been slipping , BUT , as of yet DID NOT SURGE HIGHER.

Never ceases to amaze me at the POWER OF PIVOT POINTS and PRICE ACTION , despite what "all of the experts preach on their websites" about significant positive data News releases.

PRICE ACTION+ PIVOT POINTS=AMAZING !!!! *****THANK YOU DAVIT *******
Green pips to all ,
GE

Strategists are warning about possible 'flash crashes' in currency markets as Japan goes on holidays
https://www.businessinsider.com.au/f...en-week-2019-4

If you control your greed and keep positions small you can basically harvest pips week in week out.Key is allowing plenty of margin and small positions.

UC. UC.The market has no force

[quote=Davit;12241273]If you control your greed and keep positions small you can basically harvest pips week in week out.Key is allowing plenty of margin and small positions.[/quote
Couldn't agree more! I entered Cad short early in the week, before Rate announcement and so on, thinking I was in a pretty good place as Oil was souring, ADR that day was 125%, resistance area was being challenged...but I was wrong, there was a ton of upside for many reasons, and instead of closing my small positions,, I was able to add as price action dictated as well as other market indicators....it only took two days to find profit once again and happy to close out the weekend in profit once again..(same with Aud on the long side)..wonderful method Davit....

I thought this week completely destroys my self esteem, NOPE, Kept UC open all that time, bought EU and GU on spike. All good. closing week with loss , month flat. Lesson learned hard way. BUT THE very important thing I noticed, doesn’t matter what news is , market trading off the levels. Davit was right once again, no more dollar buyers at the top and price going down. Still was plenty of a good trades but I was consumed by Aud and Cad . Missed excellent EN trade. Got 4 more weeks before vacation. Planning 2 weeks of trading and nothing else! Good luck everyone! Next week will be better!

I am back with the system after a long break and have been reading the documents of consolidated commentary and now following for about 100 pages of posts. Will be posting commentary / trades later.

EURNZD closed, AUDCAD closed. EU will hold til next week..

AN on my watch list....have to do some analysis as I have not been trading this instrument in the past....definitely in territory of interest though...

It's Happening Friday

closed EU Had a decent week almost 2k gain.Nice gains for the month.I am happy with so many people losing I can hit my numbers every month.
Reality is my trading is vastly more profitable then my day job.

My monthly result. Space to improve

I am happy to be part of the best thread of FF.
Profit this week . (04/22 to 04/26 Gain: 1,93% -- us$ 407.54)
Profit PARTIAL this month April . (04/01 to 04/26 Gain: 11,17% -- us$ 2,484.71)
AVERAGE 12 weeks . (us$ 7,694.17 / 12 weeks -- us$ 641.00)

Thanks God, Thank you Davit, and also thanks to you that, in some way, also contributes to the consistency of this thread . !!!!

Excellent consistent results.
Be aware guys pay attention to my Brazilian friend here.He is a chess master!
They make good traders