Pivot Trading

It feels like the thread is having a lot more "other" stuff lately than normal. All this COT stuff....etc. I remember when it was ONLY price action and pivots, and if you wasn't using the template provided you weren't allowed to post at all. With all of this new info being posted it's for sure going to confuse the trader who is still trying to learn Davit's pivot strategy. Price Action, Pivots, Location, News

I am going to delete them.
I sincerely hope that you feel better.

looks like you have started to trade recently.
when you are getting experience about the market, it starts to make sense of all the " other stuff" talking here
member ppxdf is doing an excellent job with providing useful " other stuff " for us and showing the importance of " other stuff" with PIVOT trading
try to follow " other stuff" also. if not you will start to wonder when your account get blown up, ' what the fuck just now did happen"

dont delete them. please post them back.
one person opinion , doesn't represent thousands of people's opinion
those charts were very useful for all of us.
please post them back

Hi guys
Just to clarify. Core method principles are solidly traded PPE Pivot /Price Action/ Events

Extra info other key members post is up to you if you find them useful or not.I traded years without any Cot Report but I am open to see how our key core members think and act.I learn from them as they learn from me....


This thread has involved on very high level.Core members performing exceptionally well and its testament to the fact that there is synergy here

I have 2 support subscriptions. I pay $ 133 / month monthly.
Sometimes I post something that I consider relevant, but I usually delete it less than 1 hour when I realize that the post was useless, when no one comments or show any sign that the information was interesting.
That way, it doesn't really confuse people and let's make the topic cleaner with relevant things.

In memory of Leonard Cohen whom I deeply loved as an artist and a poet

AUD, EUR, GBP have lots of data incoming this week. CAD and USD less, but with some important one.

Tue
AUD Monetary Policy Meeting Minutes On the last OCR announce Lowe gave positive inputs on the australian economy, although coronovirus problem. These positive feelings should continue, but the most important data to watch is the employment change, later this week.
EUR German ZEW Economic Sentiment Forecast of 20 from 26.7 Five consecutive green data with an overall increase from -44.1 in Aug 2019 to 26.7 in Jan 2020. Negative data are expected. However, Eur is very overstreched, so a negative read could have little or no impact.

Wed
AUD Wage Price Index q/q Forecast of 0.5% from 0.5% A positive data could give some strength to AUD. Note: data of 0.4 or less have come out only 2 times (both in 2016) in the last 20 years.
GBP CPI y/y Forecast of 1.7% from 1.3% Positive data are expected here. Generally it sounds a mixed bag between y/y data and m/m data (check FXStreet for full data). Anyway I consider CPI more important than PPI, so I see more positive expectations.
GBP PPI input m/m Forecast of -0.5% from 0.1%
CAD CPI m/m forecast of 0.3% from 0.0% Positive expectations from all calendars. This could give strength to my UC shorts. I will watch AC, NC and GC if some good opportunities appear
USD Core PPI m/m Forecast of 0.2% from 0.1% With the actual USD I don't think that this will have impact with a positive data
USD PPI m/m Forecast of 0.1% from 0.1%
USD FOMC Meeting Minutes Could they say something about future possible rate cut due to coronavirus problem? In this case USD could really go down quickly

Thu
AUD Employment Change Forecast of 10K (30K FXStreet) from 28.9K
AUD Unemployment Rate Forecast of 5.2% from 5.1% Unemployment Rate decreased for two consecutive months, could it stay at 5.1%? Negative data are expected. To watch
GBP Retail Sales m/m Forecast of 0.7% from -0.6% Very positive expectations. This could drive up GBP a little bit to sell it at a better price. I watch GC
EUR ECB Monetary Policy Meeting Accounts Not much to say. Economic growth in EZ is really really weak. Anyway, EUR is extremely oversold, so this could be an opportunity for a retracement

Fri
EUR French Flash Services PMI Forecast of 51.4 from 51
EUR French Flash Manufacturing PMI Forecast of 50.8 from 51.1
EUR German Flash Manufacturing PMI Forecast of 44.8 from 45.3
EUR German Flash Services PMI Forecast of 53.9 from 54.2 The same idea of Thursday. Expectations here are not so great, but with the actual price of EUR, also the smallest green data could give some strength
GBP Flash Manufacturing PMI Forecast of 49.7 from 50.0 Negative expectations to give some help on EG and GC?
GBP Flash Services PMI Forecast of 53.4 from 53.9
CAD Core Retail Sales m/m Forecast of 0.4% from 0.2% Mixed data. Important to watch for our CAD positions.
CAD Retail Sales m/m Forecast of 0.1% from 0.9%
USD Flash Manufacturing PMI m/m Forecast of 51.5 from 51.9 Last opportunity of the week to see USD weakening

Coronavirus topic. Reading different news, long story short, I cought various negative news, BUT, I noted the general idea that the contagiuos is weaker in the last days and signs of slowing down are more frequent. Of course we have always have to wait for more info.
In the meanwhile, I am spotting different great scenarios on AC, AU, GC, NC, UC.

Results last week are mixed.
Still in DD because of AUD and NZD shorts

Best regards,
Renko

Market still bullish on USD fears of virus...global slow down...however be wary USD index is way up 99.16 and poised to correct
Should EU rally from its extreme lows that may trigger other majors to rally likewise.Not saying to scare you but usually the case.

Thank you for that Information. To be honest i never had a look on the USD index…. It' s a learning process for me!

Here's a chart of the USD index. We are nearly at last years highs in september and october.

Been obsessing on BMW R9T
IMO best retro motorcycle.Just drop dead gorgeous and performance to match.Not too pricey about 13k.Those wheels and tank gives me a boner

Got to be motivated to make more money

Gold color scheme stunning as well

please don't delete them over my post. I know that my opinion doesn't hold any merit here, especially over your's. You are a valued member here and you should continue helping everyone as you have been. I probably shouldn't have posted what I did, but I still stand by my post. I want to thank you and every other valued member on this thread for their continued help. Keep up the good work everyone! My apologies.

Nice song, my favorite is "So long Marianne" since it has deep meanings. I think that Leonard Cohen would have been a better choice than Bob Dylan for the Nobel prize in literature in 2016 since Bob Dylan is a good song writer while Leonard Cohen was not only a song writer but also a novelist and a poet.

My Calendar events week Three February

Sharp focus on GBP AUD CAD EUR.

Mon
AUD Monetary Policy Meeting Minutes This should reflect the positive tone from the last RBA meeting. Main driver for AUD may be the labour market data on Tues and Weds, plus the Coronavirus current spread situation.

Tues
GBP Average Earnings Index 3m/y Change in the price businesses and the government pay for labor, including bonuses. Projection to contract 3.1% from 3.2%.
EUR German ZEW Economic Sentiment Projection of 20.0 from 26.7. Recent data has been positive, if data continues to improve, or be neutral, should give some relief for the oversold EUR.
CAD Manufacturing Sales m/m To edge up 0.8% from -0.6%. This may not move CAD much, due to CPI data on the next day.
USD Empire State Manufacturing Index Projection of 5.1 from 4.8. Watching primarily EU, UC for opportunities.
NZD GDT Price Index This may move NZD. Previous of -4.7%.
AUD Wage Price Index q/q To be steady at 0.5%. Watching primarily AU, AC for opportunities.

Weds
GBP CPI y/y To edge up 1.7% from 1.3%. Watching GC for opportunities.
CAD CPI m/m To edge up 0.3% from 0.0%. Same as above.
USD Core PPI m/M and PPI m/m
USD FOMC Meeting Minutes Watching primarily EU and UC for opportunities.
AUD Employment Change Projection of 10K from 28.9K. This may have a negative reading as the impact of the bushfires starts to creep in.
AUD Unemployment Rate Projection to go up 5.2% from 5.1%.

Thurs
GBP Retail Sales m/m Pretty positive projection of 0.7% from -0.6%. Looking for opportunities mostly on EG and GC.
ECB ECB Monetary Policy Meeting Accounts Any dovish tone may already be priced in.
USD Philly Fed Manufacturing Index Projection of 10.1 from 17.0. A negative reading may give some strength for USD bears.

Fri
EUR French and German Flash Services PMI Mixed projections. The pump and dump scenario may applies here. EUR may gain all over the week, then on Friday the dumping occurs if data come negative. Just a thought.
EUR French and German Flash Manufacturing PMI Negative projections for both.
GBP Flash Manufacturing PMI and Flash Services PMI A negative reading is expected here. Projection of 49.7 and 53.4 from 50.0 and 53.9 respectively. Watching EG and GC for opportunities.
CAD Core Retail Sales m/m To edge up 0.4% from 0.2%. Watching UC, GC for opportunities.
USD Flash Manufacturing PMI Projection of 51.5 from 51.9.

Watching for opportunities on GBP, CAD, EUR and AUD crosses.
My prime candidates are AU, EU, UC, AC, EG, GC.

Green pips!

I had a 650 Bonneville when I was a kid back in the day. I came across this Triumph Bobber Model they brought out, it looks pretty sweet. What's old is new.
https://www.triumphmotorcycles.com/b...e/2018/bobber#

https://www.reuters.com/article/us-j...-idUSKBN2010M2



That was the numbers
if JPY is weak, it seems that EUR is just as weak.
let's see how it goes later

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