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Pivot Trading

  • #34,481
  • Feb 11, 2020 5:41am Feb 11, 2020 5:41am
events from Central Banks today
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  • #34,482
  • Feb 11, 2020 7:35am Feb 11, 2020 7:35am
USD should decline after Powell
EU UC GU primed for corrections

short on UJ now
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In trading, you have to be defensive and aggressive at the same time
  • #34,483
  • Feb 11, 2020 7:50am Feb 11, 2020 7:50am
Quoting 1pipperhour
Not happy I closed my EA trade too soon. It gave good levels for shorting but I didn't hold on to them long enough.
Same regret for me.

AUD more than other currencies is impacted by news on coronavirus, and the truth here is that we still know very little about it, today has come out the news that it would seem that the virus can also be transmitted by contact with contaminated objects and could resist up to 9 days on contaminated surfaces.
Is this true ? Will it be confirmed ?

With such a continued uncertainty for me it's not easy to hold onto a position as it could be based only on technical and fundamentals developments.
Porta itineris dicitur longissima esse
  • #34,484
  • Feb 11, 2020 8:08am Feb 11, 2020 8:08am
Quoting bubincka
{quote} Same regret for me. AUD more than other currencies is impacted by news on coronavirus, and the truth here is that we still know very little about it, today has come out the news that it would seem that the virus can also be transmitted by contact with contaminated objects and could resist up to 9 days on contaminated surfaces. Is this true ? Will it be confirmed ? With such a continued uncertainty for me it's not easy to hold onto a position as it could be based only on technical and fundamentals developments.
what has happened is already the past.Focus on next trade.

Great opportunities market has stretched almost all majors
In trading, you have to be defensive and aggressive at the same time
  • #34,485
  • Feb 11, 2020 8:12am Feb 11, 2020 8:12am
EG getting very close to strong previous sopport

Do I need 20 wiggly lines and oscillators to see it? NO
If you can't see it with clear chart you are an idiot and should stop trading or make an effort to get better! When you add 1 2 3 variables its fine when you add 20 variables you got mental issues that is severe insecurity to trade! End result trading paralyses
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In trading, you have to be defensive and aggressive at the same time
  • #34,487
  • Feb 11, 2020 8:58am Feb 11, 2020 8:58am
done yesterday just quick charcoal drawing of ripe tomatoes.
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In trading, you have to be defensive and aggressive at the same time
  • #34,488
  • Feb 11, 2020 9:00am Feb 11, 2020 9:00am
WATCH LIVE: Fed Chair Powell testifies before the House Financial Services Committee.
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  • #34,489
  • Feb 11, 2020 9:13am Feb 11, 2020 9:13am
Interest rate cuts? https://www.forbes.com/sites/pedroda.../#785715017e1f
EG on a H1
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Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #34,490
  • Feb 11, 2020 9:47am Feb 11, 2020 9:47am
These guys are wasting time with idiotic questions.Feds have done good job and economy is in good shape rest is just noise until there is something significant happens such as increasing unemployment reason to cut rates and global China issues effecting US.Other then that its just wasting time.Nothing here to listen much

Lets see if EU GU UC gain they are overkilled
On UC and has the best potential to go 32 and below by end of the month
rates being the same there is no swap charge or small amount.
In trading, you have to be defensive and aggressive at the same time
  • #34,491
  • Feb 11, 2020 10:03am Feb 11, 2020 10:03am
Sent my Nephew and son here If you visit NY you must go here!
The women in the end 7.40 "I love people who come here for Xhelth" love Russian accent
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In trading, you have to be defensive and aggressive at the same time
  • #34,492
  • Feb 11, 2020 10:15am Feb 11, 2020 10:15am
Quoting Davit
Sent my Nephew and son here If you visit NY you must go here! The women in the end 7.40 "I love people who come here for Xhelth" love Russian accent https://www.youtube.com/watch?v=BRk7mIExJC8
Davit's days
We obey the structure that results from the market's reaction
  • #34,493
  • Feb 11, 2020 10:15am Feb 11, 2020 10:15am
Quoting Davit
These guys are wasting time with idiotic questions.Feds have done good job and economy is in good shape rest is just noise until there is something significant happens such as increasing unemployment reason to cut rates and global China issues effecting US.Other then that its just wasting time.Nothing here to listen much Lets see if EU GU UC gain they are overkilled On UC and has the best potential to go 32 and below by end of the month rates being the same there is no swap charge or small amount.
It kind of sounds like this I believe Monty Python summed it up decades ago.
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Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #34,494
  • Feb 11, 2020 10:17am Feb 11, 2020 10:17am
Quoting Davit
These guys are wasting time with idiotic questions.Feds have done good job and economy is in good shape rest is just noise until there is something significant happens such as increasing unemployment reason to cut rates and global China issues effecting US.Other then that its just wasting time.Nothing here to listen much Lets see if EU GU UC gain they are overkilled On UC and has the best potential to go 32 and below by end of the month rates being the same there is no swap charge or small amount.
It seems like a pretty good possibility.

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  • #34,495
  • Feb 11, 2020 10:19am Feb 11, 2020 10:19am
Another over killed USD pair, one that I like to trade. USD NOK Oil is weak now and it has been over killed like the UC.
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Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #34,496
  • Feb 11, 2020 10:34am Feb 11, 2020 10:34am
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We obey the structure that results from the market's reaction
  • #34,497
  • Feb 11, 2020 10:42am Feb 11, 2020 10:42am
Holding EA to weekly candle close could hit 6150
one good news on virus and this baby is banked
In trading, you have to be defensive and aggressive at the same time
  • #34,498
  • Feb 11, 2020 10:45am Feb 11, 2020 10:45am
Quoting Davit
Holding EA to weekly candle close could hit 6150 one good news on virus and this baby is banked
I'm holding EA too. Should go down further..

Tomorrow (GMT+1)

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May the Force be with you.
  • #34,499
  • Feb 11, 2020 12:35pm Feb 11, 2020 12:35pm
First short for AN on the way!!!
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  • #34,500
  • Feb 11, 2020 12:42pm Feb 11, 2020 12:42pm
Quoting renkotop
First short for AN on the way!!! {image}
Got my eyes on this.... waiting for confirmation
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