Pivot Trading

Events Done

My plan for Tuesday i em building it UP
CALENDAR EVENTS AND PLAN FOR THESE WEEK 7/14/2019
My trading week will start on Tuesday with NZD news wich expected to be dovish (in short term) for NZD wich will make to price reach my interesting zone S61 to S100, because there are several pairs conditions are not the same in all of them. My chosen pairs for trading during these event will be: NZD/CAD were realy price action shows levels of real resistance and NZD/USD wich also shows levels of resistance wich expected to be reached but overall trend in higer time frames remain bearish for me J
After that in 10.30 come GBP in place were expectations are also negative wich I expect to make another drop on these GBP pairs wich also can give as good possibilities. Mine chosen pairs during these event are GBP/USD and EUR/GBP J

Allso Euro look's like gona make another slide down (because the price has broke the trendline).... regards to euro news also in Tuesday expectations are negative...
11:00 EURGerman ZEW Economic Sentiment (Jul) -22.1 -21.1

trend line should never be considered what price may do.It only looks beautiful after the fact.Its one of those fallacies almost everyone get carried away.

Still learning on calender and here is my view for the week

MON= We have GDP for CNY, good figures is considered good for AUD and NZD

TUE= NZD CPI (careful with this=it can move over 100
pips have seen that happen b4) Sentiments positive and this will be good for NZD longs. (I will be focusing much on NZD this week)

Later we have USD retail sales and sentiments are negative for the dollar. In addition to pressure on FED to cut rate, i’m anticipating a weaker dollar same as Trump (https://fbs.com/analytics/articles/w...-the-usd-18445)


WED; we have GBP CPI sentiments neutral and CAD CPI sentiments negative. Good for CAD weakness

THU and Friday: AUD Unemployment Rate and employment change: Sentiments not good for AUD


GBP sentiments not good as well, positive figures will be a great boost for cable as current market structure indicates it is highly oversold and signs for reversal are all over.


I will be looking to buy NZD against USD, CAD and AUD, and Sell CADJPY if i get a nice pullback. Will also pay close attention to EC and GC.

Have attached a screenshot of the OIL chart. Looking to see oil gain for a short while before rally down; maybe on wed or tue.


MY BIAS, BUT BEST GO WITH PA AND PIVOT POINTS
HAVE A GREAT WEEK!

This week’s significant economic announcements and the currencies affected are listed below. You may want to factor them into your trading decisions this week.

Mon Jul 15
All Day JPY Bank Holiday

03.00 CNY GDP q/y

23.45 NZD CPI q/q

Tue Jul 16
02.30 AUD Monetary Policy Meeting Minutes

09.30 GBP Average Earnings Index 3m/y

13.30 USD Core Retail Sales m/m

13.30 USD Retail Sales m/m

18.00 USD Fed Chair Powell Speaks

20.30 USD FOMC Member Evans Speaks


Wed Jul 17
09.30 GBP CPI y/y

13.30 CAD CPI m/m


Thur Jul 18
02.30 AUD Employment Change

02.30 AUD Unemployment Rate

09.30 GBP Retail Sales m/m

Fri Jul 19
13.30 CAD Core Retail Sales m

EURAUD I will be watching 1.6000 price level closely for a pullback to the pivot area

OIL still anticipating stop hunt above those levels before a fall. Previous lows have been taken out

GU

NJ H1 NZD CPI @15:45 NYT today.

Zone hit with nice spinning top...looking to build some long s from here targeting the weekly pivot (negative swap direction)

Watching EJ for longs



Finally got my low impact member so I can post back here again!

Hi guys back from LA in front of my home set up with 42inch monitor/TV

I committed heavy on AN longs.I am biased in favor of AUD after NZD CPI data there is not much else on NZD hence selling NZD.Its my largest committed trade this quarter closer to 3 standard lots.

Shorted EG as well
90 is proving tough nut to crack. EG is nice +swap basically almost risk free trade where potential of this dropping to 8950 and lower is greater then price going 9050+
Fundamentals on Euro is weak at this time.I see it as an excellent risk vs reward trade.Only downside takes 2x more margin then other none GBP pairs

No current Harmonic patterns on the AN I went through the charts and found this one on a Monthly. The AUD has fallen a long ways against the Kiwi. One advantage Australia has over New Zealand is commodities. If we see a stock market downturn in the future, sooner or later its going to come and we see commodity prices rise that will be good for the AUD. https://www.mining.com/web/feds-rece...tors-and-gold/

July results so far I am happy my net is greater then pip.I am actively trying to get there where a net is equal or greater then pip

Now these make sens 1 pip 1$ exellent.

EURNZD building long

GU
NC
AC
added buttons for Quick Navigation

Closed GU because of news on GPB

Closely watching EG, is at R100 zone



Carney will be speaking in a few hours.