Pivot Trading | Page 1714 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 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

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #34,261
  • Feb 2, 2020 12:09pm Feb 2, 2020 12:09pm
Speaking of Art drawing of my son.Hope nobody feels offended to leave this thread....because of it
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #34,262
  • Feb 2, 2020 12:27pm Feb 2, 2020 12:27pm
Quoting ShanA
{quote} there is nothing wrong with " plan the trade" for coming week or 2 weeks . so it is better to analyze what is going to happen in the future. . and we need all 3 tools in the stool to survive in this market {image}
YES,
I used to post some feed news, because I know not everyone has a paid subscription.
I have reuters, and about feed news, it comes direct from central banks and others important sources.
Inserted Video
  • #34,263
  • Edited 3:27pm Feb 2, 2020 3:07pm | Edited 3:27pm
in terms of market sentiment now,
we have AUD as positive GAP,
EURAUD 1.6554 (30 pips down)
GBPAUD 1.9723 34 pips down
AUDUSD 0.6695
EURUSD 1.1091
NZDUSD 0.6473
USDJPY 108.41
NZD as positive also
GOLD 1.589.81
iron Ore CNY659.00 (-6.0)
  • #34,264
  • Feb 2, 2020 3:11pm Feb 2, 2020 3:11pm
https://www.bloomberg.com/news/artic...source=twitter
Aud will fly once confirmed.
Money is a part of what turns you into who you are.
  • #34,265
  • Feb 2, 2020 3:55pm Feb 2, 2020 3:55pm
The end of this week will be crucial for us to understand the severity of Corona outbreak. The hiding period is 14 days; after this period we'll see some more clear (hopefully not bitter) facts about the seriousness.

This means, this week too, data releases will most probably be overshadowed by Corona, unless they're really surprising...

With that in mind, last session's weakness of USD was mostly attributed to end-month re-balancing. I'm expecting a decent correction today for EURUSD...
  • #34,266
  • Feb 2, 2020 4:03pm Feb 2, 2020 4:03pm
Last week was Brexit week. Who knows what will come next :

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 591 KB
May the Force be with you.
  • #34,267
  • Feb 2, 2020 5:28pm Feb 2, 2020 5:28pm
AC on the move north
Get on it
I already posted daily chart on this.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM30.png Size: 32 KB
In trading, you have to be defensive and aggressive at the same time
  • #34,268
  • Feb 2, 2020 7:02pm Feb 2, 2020 7:02pm
Quoting finally-2020
The end of this week will be crucial for us to understand the severity of Corona outbreak. The hiding period is 14 days; after this period we'll see some more clear (hopefully not bitter) facts about the seriousness. This means, this week too, data releases will most probably be overshadowed by Corona, unless they're really surprising... With that in mind, last session's weakness of USD was mostly attributed to end-month re-balancing. I'm expecting a decent correction today for EURUSD...
EU: Hope they don't go without me
  • #34,269
  • Feb 2, 2020 8:48pm Feb 2, 2020 8:48pm
Quoting kleybenny
{quote} Davit and pivot traders: one question: I have not much experience with managing DD positions. Could you please explain a bit, how it could be done? So for example: you hold now EA DD. But you keep not adding right? Even not when price is at very cheap value? Or do you add after news when correction might come? Or do you just hold it and see what market is doing next week? Only want to understand a bit the thinking process of someone who had already lot experience in such phases. You input is highly appreciated. Thank you
This is how you handle draw down.
Attached Image
Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #34,270
  • Edited 10:27pm Feb 2, 2020 8:49pm | Edited 10:27pm
EA, GC, and GU on H4 charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EADPH4020220.JPG Size: 245 KB
Click to Enlarge Name: GUDPH4020220.JPG Size: 245 KB
Click to Enlarge Name: GCDPH4020220.JPG Size: 233 KB
Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #34,271
  • Feb 2, 2020 9:17pm Feb 2, 2020 9:17pm
Congrats KC fans! Great super ball!
Coming from Patriot fan
In trading, you have to be defensive and aggressive at the same time
  • #34,272
  • Feb 2, 2020 9:53pm Feb 2, 2020 9:53pm
Salivating on GU GC shorts but can't do it.No margin left GU big gap down GC should drop below 72 by FRiday
Got faux army now
In trading, you have to be defensive and aggressive at the same time
  • #34,273
  • Feb 3, 2020 1:34am Feb 3, 2020 1:34am
Quoting Davit
Congrats KC fans! Great super ball! Coming from Patriot fan
Being from Dublin, American football isnt at the forefront of sport but I was in KC last Sept for work and managed to get to arrowhead stadium and see the chiefs. What a spectacle, one of the most entertaining events I've had the pleasure of watching. Little did I know they were the future suoer bowl champs. Congrats!
  • #34,274
  • Feb 3, 2020 3:43am Feb 3, 2020 3:43am
Quoting Davit
Speaking of Art drawing of my son.Hope nobody feels offended to leave this thread....because of it {image}
Wow ,
Very nice Work
How much love ,care,dedication and focus are truly visible in this art work ,
very nice

(I like painting because it's something I never come to the end of. Sometimes I paint a picture, then I paint it all out. Sometimes I'm working on fifteen or twenty pictures at the same time. I do that because I want to - because I like to change my mind so often. The thing to do is always to keep starting to paint, never finishing painting. (-"Arshile Gorky") )

(Art must always remain earnest... Art must be serious, no sarcasm, comedy. One does not laugh at a loved one.
-"Arshile Gorky")

(The purpose of art is washing the dust of daily life off our souls. (-"Pablo Picasso"))

(Life is short,but art lives forever. -"Marcus Tullius Cicero" )

Take care
  • #34,275
  • Feb 3, 2020 6:13am Feb 3, 2020 6:13am
Quoting mmhasan
{quote} Wow , Very nice Work How much love ,care,dedication and focus are truly visible in this art work , very nice (I like painting because it's something I never come to the end of. Sometimes I paint a picture, then I paint it all out. Sometimes I'm working on fifteen or twenty pictures at the same time. I do that because I want to - because I like to change my mind so often. The thing to do is always to keep starting to paint, never finishing painting. (-"Arshile Gorky") ) (Art must always remain...
Thank you for your post.Interesting you quoted Arshile Gorky one of my most loved artists...very tragic artist having his mother die of starvation in his arms almost entire family killed by Turks during Armenian Genocide....him end up committing a suicide...
His paintings are complex because he had a turbulent life.Most critics attribute to him father of Abstract expressionism movement
Below portrait by Gorky of his mother from old crumbling photo later he did series of large paintings based on it.
Attached Image (click to enlarge)
Click to Enlarge Name: default.jpg Size: 960 KB
In trading, you have to be defensive and aggressive at the same time
  • #34,276
  • Edited 6:45am Feb 3, 2020 6:15am | Edited 6:45am
G crosses falling like heavy apples from thin branches
GC already dropped almost 200pips. Live and learn. I did not trade well last week.For that matter most traders as well since moves were aggressive and unpredictable.I didn't think virus would effect that dramatically but it did.... Dow and stocks dropped like a rock ....maybe more in store.
On positive note -2k on DD
In trading, you have to be defensive and aggressive at the same time
  • #34,277
  • Feb 3, 2020 6:54am Feb 3, 2020 6:54am
GBP/NZD Closed +219 Pips...
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader Standard.png Size: 57 KB
"The freedom of the other extends mine to infinity"
  • #34,278
  • Feb 3, 2020 8:17am Feb 3, 2020 8:17am
Worth listening.Clears the fog on lots of issues.While you waiting on trades
Dinesh D'Souza is a #1 "New York Times" bestselling author, the filmmaker behind "Death of a Nation," "Hillary's America," and "2016: Obama's America," and a nationally sought-after speaker. He brings a fiery message of limited government, personal responsibility, and individual liberty to campuses all across the country
Inserted Video
In trading, you have to be defensive and aggressive at the same time
  • #34,279
  • Feb 3, 2020 8:18am Feb 3, 2020 8:18am
  •  Egbert
  • Joined Aug 2017 | Status: The Weekly Pivot is the only verdic | 1,089 Posts | Online Now
Quoting Davit
Worth listening.Clears the fog on lots of issues.While you waiting on trades https://www.youtube.com/watch?v=2uS8A0TVE9A
This waiting is boring
Looking for some positive data from US.
Hoping for something on EURUSD.
We obey the structure that results from the market's reaction
  • #34,280
  • Feb 3, 2020 8:22am Feb 3, 2020 8:22am
Quoting Egbert
{quote} This waiting is boring
Its fine I do my ART educate myself and live life.Trading is just part of living not all living
In trading, you have to be defensive and aggressive at the same time
44 traders viewing now