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Pivot Trading

Quoting Recruit
{quote} My advice.. squeeze it as much as possible
Pure gambling
What the Markets need now is a public admission on National Television by the Leaders of the G7 Nations that in their pursuit of Public Safety , collectively they have inadvertently created an overblown situation and the Coronavirus is nowhere near as severe as initially anticipated.

More people will die today in Motor Vehicle accidents and suicides in Canada and the USA.

Billions and Billions of money is not working.

THINK WAY OUTSIDE THE BOX !!!

They lie to us everyday anyway , what the hell !!

GE
"Define the risk OUT of your trade"--Mark Douglas
Quoting GreenEarth
What the Markets need now is a public admission on National Television by the Leaders of the G7 Nations that in their pursuit of Public Safety , collectively they have inadvertently created an overblown situation and the Coronavirus is nowhere near as severe as initially anticipated. More people will die today in Motor Vehicle accidents and suicides in Canada and the USA. Billions and Billions of money is not working. THINK WAY OUTSIDE THE BOX !!! They lie to us everyday anyway , what the hell !! GE
You are Right: And the German Government is still sleeping. These fking moroms...

Austria did make a good Job!
Quoting renkotop
{quote} You are Right: And the German Government is still sleeping. These fking moroms... Austria did make a good Job!
What did Austria do Renkotop ?
"Define the risk OUT of your trade"--Mark Douglas
Quoting renkotop
{quote} You are Right: And the German Government is still sleeping. These fking moroms... Austria did make a good Job!

Found out Renkotop.
Pretty simple eh ?
China already has it well under control.

Thanks ,
GE
"Define the risk OUT of your trade"--Mark Douglas
Let me know what you think people.
Price of oil HAS TO STAY LOW UNTIL airlines , hotels , restaurants , etc. , can regain consumer confidence.
The AMERICAN DOLLAR has to come down to 1.30 ish.
TOURISM is the most important industry in the World , I have never looked at it this way.

Regards ,
GE
"Define the risk OUT of your trade"--Mark Douglas
Quoting Davit
{quote} 145 comes every 10yrs or more go for it ! Short it
Took your advice Davit.
Short USD/CAD , total account , in from 1.45897.
I have to admit , I was shitting myself to pull the trigger , but , I did it.
Would love to see it hit 1.40 or even 1.30 !!!!

If it works great , all my decision.
So far , so good.
Davit you are a great leader and don't be ashamed to be an American , Canadians are no better. Both Countries leaders are total F*CK UPS

Sincerely ,
GreenEarth
"Define the risk OUT of your trade"--Mark Douglas
CADJPY Trade followup

CADJPY Potential Deep Crab H1
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CADJPY Trade executed on 15 minute
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CADJPY Target 1 hit with SL to BE hit
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Best regards
Quoting GreenEarth
{quote} Took your advice Davit. Short USD/CAD , total account , in from 1.45897. I have to admit , I was shitting myself to pull the trigger , but , I did it. Would love to see it hit 1.40 or even 1.30 !!!! If it works great , all my decision. So far , so good. Davit you are a great leader and don't be ashamed to be an American , Canadians are no better. Both Countries leaders are total F*CK UPS Sincerely , GreenEarth
should drop below 1.40 by the end of the month or lower.Experts predict US cases to increase rabidly and that will decimate our economy.
I could be wrong anytime but one thing is certain 140's UC is unsustainable number.
regards
In trading, you have to be defensive and aggressive at the same time
We got AUD Unemployment Rate coming up
Keep in mind this is lagging indicator but green here will boast AUD specially on crosses
Got AN long still.
AC looks attractive
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In trading, you have to be defensive and aggressive at the same time
AJ
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In trading, you have to be defensive and aggressive at the same time
Such mute reaction to great numbers.I guess present virus situation is skewing everything
Euro dominance on Crosses specially EA EN is unreal.Numbers are staggering even to look.

NU looks like free fall
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In trading, you have to be defensive and aggressive at the same time
AUDCAD BULLISH DEEP CRAB First entry didn't work and SL got hit. It may bring in another opportunity after reversing from 1.902XA.
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Even though the AU numbers are in green but the market will do what it does best. Go to the price where it wants to go irrespective of numbers. Accept it, Accept the loss and look for another opportunity.
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Best regards
Gamble in this market is too risky. Price can easily swing 100-200pips beyond the last high low. Traders tend to trade all in when their account has lost sizeable value, meaning makes no difference if wiped out by the market. Take a few steps back away from the market for a few days, regain your composure instead of fall victim to emotional revenge trading. Protect whatever is left to keep you in this business. The market will still be here just the same. We all know this already, we have to man up do the right thing. Trade safe.
Trade the value
Great interview with Bill Ackman on CNBC (28 minutes)

https://www.cnbc.com/video/2020/03/1...-outbreak.html


source: CNBC
AUD NZD getting dumped in huge numbers

This is obviously not regular trading times hence best you make your decisions trade or wait out.
Over 900pips on EA today.Just amazing.

Wonder now what Feds can do to weaken the dollar. Should CAD hit 1.50 there will be serious crises in Canada.
Emerging markets already in crises.
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In trading, you have to be defensive and aggressive at the same time
AU cut the cash rate in an emergency meeting. Tough times. Trade wisely.

1. Stay disciplined with your trading system.
2. Trade small size
3. Cherry-pick your trades
4. Be patient
5. Know the higher time frame price action
6. Don't overtrade

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Best regards
Here's a good video from Nick on today's current trading situation.
Inserted Video
Fib Traders get it right 61.8% to 78.6% of the time. NR
Opened short USDCAD.

Opened long NGAS.
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buying tops / selling bottoms
I am also on short side of the UC.
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