Back from my holiday. Lofoten islands, Norway, absolutely stunning landscape and small towns.
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Open Trade near Pivot line (Pivot Point) 14 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
Disliked{quote} The BIG factor this week for the USD is going to be FOMC on Thursday from Jackson Hole Wyoming when Powell speaks. I think USD is going to be sideways until they see what he has to say. They say the data for the US is strong. Personally I've not been experiencing it as I do brokerage in the transportation business. Rates are low, freight is slow, several trucking companies have shut their doors in the last few months. Another one ceased operations in California last week. This is not indicative behavior of a strong economy. I have one account...Ignored
DislikedSomeone asked me to share my button close EA which I am happy to do...but cannot find the post request...think it was Egbert....anyway, for newer member you can find all the indicators and tons of teaching postings if you click on the image above the Pivot Trading thread.... {image} {file}Ignored
DislikedI took AUDUSD too. Two positions and closed it because I had a bad trade running on GJ. {image} I Bought it and it went down to the S100. Added another Buy on S100 Hoping it to retrace a bit and breakeven on that trade. {image}Ignored
DislikedLoaded some shorts on UC: {image} Tomorrow we have some red news: {image}Ignored
DislikedLast week I took a trade and I called it a "Cryptosurf" style trade...with a late week markup.....I got a pm from a trader in Sweden asking to clarify a late week markup. So this is an example I had at my fingertips.... and please Cryptosurf correct me if you look at it different. USDNOK marked up late in last week.....this week it failed at R38...didn't have any strength to even test R38....this where I shorted and here is the illustration... " {image} {image}Ignored
Disliked{quote} You get the idea. Just don't pull the trigger to fast at the start of the week. Price may always try to retest latest swing, sometimes multiple times before failing. I usually wait for PA well into late Tuesday-early Wednesday sessions (NY time). IMO USD may be quiet until tomorrows meeting FOMC minutes. However...there was a nice 4H swing failure on that pair you're talking about. {image}Ignored