Pivot Trading

GU Daily some RED Flag news on GBP in a few hours.

might going down more. , becareful and goodluck

Oswell, thanks I will be careful. There are associated risks with every trade as we all know. To be honest Oswell, I rarely remember not going into DD on almost any trade. What would trading and life be without risks? For those who like to read, you can download Back Issues of Traders World Magazine #11-20 A good article to read is in #12 "Learning Flawless Execution of a Trading System" by Mark Douglas. Green Pips for Everyone Today !

Hope you didnt close your AUDCAD long

I'm in HalfCents

UJ

Finally a nice come back

UPcoming US news, about rate cut...although not anticipating any much diff from what powell said, still worth to take note

Closed AC for a profit but will probably get back in after a pullback... below S38

I closed mine also and will buy again if there is a retracement.......usjpy is starting to show promise and Gold spike was most rewarding to my pocketsR

EC Long---> good Profit!

I put my Robot to work last night. Nice making money while you sleep. There was going to be news on the London session @1:30 am my time. I looked at GU considered the support levels it was at and decided to turn the robot on with a program I had written before I went to bed last night. The trading platform I use has its own proprietary signal system, the developer admitted after being asked for years whats behind it. The system has some Fibonacci based algorithms that spit out the red buy or sell arrows. When things are going up in price the bars are green, down they are red, and neutral they are yellow. So this particular program I had written I asked it to only take a long position on a signal. it had been 200 or so pips down since it gave its last signal in the top left corner. We were at a pivot levels and had harmonic patterns so I figured there was a possibility of getting a trade last night so I turned it on before I went to bed (the green vertical line) 4 bars later at 3am it spit out a signal, and I was in while sleeping like a baby. Being the GBP I don't want to be too heavy in it right now as there is still so much unresolved going on, and red USD news on Thursday. I just took one 10K position and I could have closed the robot and managed it myself today but I let it run its course and do exactly what it was told to do. Close the trade after 9 bars if there was more than 5 pips of profit. The developer of this system is a pilot and has his own high performance plane which is why he nicknamed the robot program autopilot. He cautions traders using this system though, and says you can program an autopilot to fly into the side of a granite mountain and it will do it with absolute precision. The same applies to trading, program it to do something really bad and it will do it for you exactly as instructed. I've done a lot of work with it over the years and I can get it up to around a 60% win rate on pure technicals, so if you take fundamentals into account and activate it at times you see are favorable the win rate can be much higher. I like using it to watch price action if we are at levels that may be a trade and I'm not going to be around. ie: the London session while I'm generally sleeping.

UJ
and EJ still running

because the sickness and sudden death of my father on june 27 i cannot concentrate on the PA its the main part of trading so i am not entering more trades its batter you don't trade when you cannot focus

AUDCAD fresh longs targeting the weekly pivot. Good to monitor good pairs and hammer to the end of swing..in and out

Update on XAU

AC I'm back in it Going North... Attached is Traders World Magazine #21-27 In #21 Robert Miner has an interesting article.

Holding UJ in profit and others in loss and profit over all in profit

Hi guys posting from LA and closed some trades from phone that can't post charts but made $1200 closing NC EG and EU trades
Still have GC long in profit but keeping this running since I think there is lot in it
nice trades guys keep it up
My brother not doing well.He is on kidney transplant list but in CA is huge waiting list.Its sad watching him like this.He is self taught engineer opened his own business making industrial molds for variety industry from medical equipment to rifle parts.Too bad can't do what he loves and business is suffering.
Anyway life is hard at times and you must take care of yourself.Money is not everything

My condolences to you.Losing parent is hard lost both my parents retentively young.Take your time market will always be here!
Peace