Pivot Trading

AC H1 Shark. AJ M30 Deep Crab

UC BAT on M30

Good article. We are in some strange economic times right now. We've had markets rising to new unprecedented highs, Bonds climbing, and Gold climbing. Everything is out of the perceived normal expectations for market correlations. Sooner or later something is going to give. The missile strike in Iraq the other week demonstrated the fragility of the situation.

BOJ Policy Rate : -0.10 %

Just closed a truck load of shorts on NJ....€€€€€

negative sentiment for cad. we can see UC Upside Bias With Negative Risk Tone & Pullback In Oil Prices .
it seems, yen and cfh should strengthen.

Still Expected to remain Below average, says - Reuters News on 21-Jan-2020 05:01:47

Just to show how pivots works in every pair. UsdNok (not traded here) only for educational porpouse

i´m flying to Brazil tonight. zero chance explore my screen to be inside of CAD opportunities tomorrow.
we saw those things as Lybia oil blockade, that impacted CAD because of
negative sentiment & Risk Tone & Pullback In Oil Prices .
Tomorrow might be different.
we have to be careful lot of news coming.
Bank of canada will Hold Overnight rate at 1.75%.
REUTERS POLL-BANK OF CANADA : HOLD OVERNIGHT RATE AT 1.75% THROUGH 2020 AND H1 2021
REUTERS POLL-CANADIAN ECONOMY DOES NOT NEED A RATE CUT BEFORE END-2020, SAID ABOUT 75% OF 23 ECONOMISTS
REUTERS POLL-RECENT SLOWDOWN IN THE CANADIAN ECONOMY IS TEMPORARY, SAID 18 OF 21 ECONOMISTS







at the moment, currencies associated with commodities are currently negative sentiment

Trump trying to cap USD upside against the Euro.
https://www.forexlive.com/news/!/cit...paign=21.01.20

G'day all!
I was unable to go my weekly analysis until this morning. Here it is. Thank you Davit.

WEDNESDAY, 1/22/20
GBP – Public Sector Borrowing – medium impact, looking for possible support to S61 on EURGPB for move north. Tues GBP news drove the pair south to S38. It has been in a range since 1/14 though so possibly S38 to R38 trades.
EUR Industrial sales –low impact but all projected negative data will possibly move pair to set up at S61? Will wait to see
CAD – focus on CPI core price – high impact – no change expected, other CPI data – medium impact with no change expected, if it paints better than expected, I am watching EC for move back to S61 for move north. I missed yesterdays EC buy possibility to near S61 yesterday… Results may be muted in light of the rate announcement 1.5 hours later.
CAD – BOC rate rate statement and policy report – high impact, no change is expected, impact may be light or possibility create volatility moving EC to the S61 area as mentioned above. Will be watching for long term clues about inflation and GDP. Trade deal signing however has provided some stability here.

AUD – Employment change – employment rate is project to be unchanged and employment change to decrease to 15K from 39.9K.
AUD – Consumer Inflation – medium implact – decrease from 4% to 3.8% expected. Based on the location of AUD pairs, I would look for this to move pairs to extreme levels, then possibly take moves accordingly. AUDNZD is at nice S78 level but I am hesitant to trade this north since inherent NZD strength against AUD. More likely

THURS 1/23/20
ECB Rate Decision – no change expected
NZD – CPI – high impact increase from 1.5% to 1.8% expected – this could be the driver for a AUDNZD trade south if a good location is reached, possibly a sell trade from WPP at 1.0400. I usually don’t trade away from the weekly pivot but it is worth watching.
JPY – BOJ Monetary Policy Meeting - high impact – expect no change
CPI – medium impact – mixed. Overally JPY weakness, possible sell against JPY with NZD if CPI above is favorable and location dictates

FRIDAY 1/24/20
EUR – PMI High Impact – positive news expected, German 44.5 from 43.7 and PMI composite 50.5 from 50.3 and EUR 46.8 from 46.3 and PMI composite 51.2 from 50.9 push all EUR pairs?
EU President LaGarde speaks – high impact could cause mixed reaction with suggested positive news above
GBP – high impact PMI composite gain expected to increase to 51.2 from 50.9 and services PMI from 50 to 51. Possible good for GBP
CAD – high impact Retail Sales – positive expected from -1.2% to .4% increase
USD – PMI – medium impact – mixed but mostly positive expected for USD

AC – looks great for a trade but watching for any AUD strength, possible employment data?
AZ – watching for move to good level then sell with possible NZD CPI strength on Thurday?
EA – currently in this trade, selling opportunities are nice, I may have gotten in too soon though
EC – if CAD news and BOC call for no change, watch for ECB to drive pair up then sell?

USD MXN trade. I couldn't resist the Senorita yesterday. Because of the volatility of this one I always keep it small. Just one 10K lot in this case. Nothing ventured nothing gained, Corona money. A good point to remember with this system especially for people new to it and its what I like about the Nostromo's Pivots is the ability to see levels week to week. This weeks S38 was last weeks S78

Harmonic Patterns on some AUD pairs. Westpac was off today, perhaps tomorrows numbers will be better for the AUD.

maybe good time to look at accumulating short on EURAUD sell it back down to weekly pivot.

Folks, let's face it. This thread is dead without Davit ...

Well, I think that lots of people here are waiting for the fireworks of the next 48 hours, so this is the reason of less posts.
Anyway, define a thread dead which gave you 4 different calendars events and very useful informations by ppxdf and Romanov is a little bit wrong and misleading

I couldn't agree more

Please don't take me wrong. I appreciate those guys' works (and yours as well). But I believe the primary reason why so many people have joint this thread is not there anymore. Of course I may be/hope I am wrong, but from the sound of it we've got good reasons to be concerned.

Everything is laid out in this system that you should be executing with or without me.
Great systems produce results without their creators.Testament with hundreds and hundreds of PM's I get people thanking me how much I changed their trading for more profitability.Another reason why even imitators copying my system here could still make money...as long as core principles are applied.
When I started this thread not many traders were looking at Pivots and fundamentals and now even my harshest critics have pivots on their charts and pay attention to calendar. That's huge influence here.Wealth of knowledge here on this thread is already more then sufficient to become successful ,consistent trader.Its up to the person.

Not gonna become signal service here! Charts are clearly telling you what to do.
PPE execute!
regards