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Pivot Trading

  • #35,781
  • Mar 25, 2020 1:13am Mar 25, 2020 1:13am
Yes, definitely helps. Thanks!

What I meant was that you know so much about trading, how to bounce back, and how to adapt to the current market conditions, that you are able to get past the pain of losses and move on. Not only quickly but profitably.

My family raised Arabian horses, my Mom was a higher level of knowledgeable about doing it well than most breeders on the West Coast. She described a mentor of hers as someone who 'had forgotten more than most of us would ever know' about Arabian horses. I always remembered that.
  • #35,782
  • Mar 25, 2020 1:20am Mar 25, 2020 1:20am
Quoting rupasi
Yes, definitely helps. Thanks! What I meant was that you know so much about trading, how to bounce back, and how to adapt to the current market conditions, that you are able to get past the pain of losses and move on. Not only quickly but profitably. My family raised Arabian horses, my Mom was a higher level of knowledgeable about doing it well than most breeders on the West Coast. She described a mentor of hers as someone who 'had forgotten more than most of us would ever know' about Arabian horses. I always remembered that.
Thanks I was thinking about losses as motivation drive to get better not let it beat you down.Money can be earned back but your soul drive passion is even more important.
Once you lose that its more costly then money

Cheers
In trading, you have to be defensive and aggressive at the same time
  • #35,783
  • Mar 25, 2020 1:23am Mar 25, 2020 1:23am
Quoting giveachance
short german dax. chances of a deal happening are very very slim the way lawmakers are behaving. this is hope rally at best. I will put sl at 9800 incase i am wrong {quote} and here comes the deal. devil is in the details.
H1 and a monthly on the DAX very Harmonic index and pretty obedient to Pivot Points.
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Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #35,784
  • Mar 25, 2020 1:38am Mar 25, 2020 1:38am
Quoting Davit
{quote} That's great idea.Actually seating long time bad for back (dont ask) I stand now more often go walks etc. Hemingway wrote his novels standing up with drink on his side.Can you imagine typing standing up well he did it. I am thinking building a standing up tall platform for my PC so I dont bent over. UJ is still valid. Needs little time
I like the concepts of those desks that go up and down so you can either sit or stand. I want to get back to work on my van and complete it. I haven't worked on it since last fall. I just have to build the cabinets now and reinstall the toilet, stove, fridge, and water tank then it's basically done. Not that we can go anywhere right now all National, Provincial parks and campgrounds are closed. I drove it around last fall picking up supplies it ran beautiful after I rebuilt the carb in it. Starts as soon as you touch the key runs like a sewing machine only 79,000 kilometers on it. If you want to build a stand up desk a tool I highly recommend is a kreg pocket drill for woodworking , get the kit with the clamp, you need the clamp. I built a simple Cedar table recently. I was just gluing the drawer face on here so I clamped it with a few pieces of wood. It's amazing how fast you can build stuff with one of those kreg systems.
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Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #35,785
  • Mar 25, 2020 1:43am Mar 25, 2020 1:43am
I have this now on my Observation.
UJ short. Target around 107.
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  • #35,786
  • Mar 25, 2020 2:18am Mar 25, 2020 2:18am
Thanks Davit for the heads-up
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It is not over until I win
  • #35,787
  • Mar 25, 2020 2:34am Mar 25, 2020 2:34am
Quoting renkotop
I have this now on my Observation. UJ short. Target around 107. {image}
Just out of interest. Trend is up and that 30 min showing HH and HL, why are you shorting it and not buying dips?
  • #35,788
  • Mar 25, 2020 3:04am Mar 25, 2020 3:04am
Quoting 1pipperhour
{quote} Just out of interest. Trend is up and that 30 min showing HH and HL, why are you shorting it and not buying dips?
I did NOT short it yet, I is on my whatch list.
  • #35,789
  • Mar 25, 2020 4:12am Mar 25, 2020 4:12am
AC long target reached.
Out of UJ short with small profit, I think it's gonna break up.
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buying tops / selling bottoms
  • #35,790
  • Mar 25, 2020 4:39am Mar 25, 2020 4:39am
Open long Dow.
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buying tops / selling bottoms
  • #35,791
  • Mar 25, 2020 4:59am Mar 25, 2020 4:59am
Quoting renkotop
I have this now on my Observation. UJ short. Target around 107. {image}
It's ascendent triangle and JPY still weaker. If go down is due it reached D1 gap. But seeing low rejection and monthly candle maybe is only a small retracement for get impulse. I see 107 so far seeing current strength. We will see what show the future...

PS: W1 gap was broken very easy ( 108 )...
Try don't lose pants never...
  • #35,792
  • Mar 25, 2020 5:11am Mar 25, 2020 5:11am
EC short when I took TP last trades. 5540-45

if its a loser your trades not mine
Little pissed off at myself. I knew EG would collapse and got out early and did not hit it again not enough.
Now waiting for this bitch to go up more

EC target 38S
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In trading, you have to be defensive and aggressive at the same time
  • #35,793
  • Mar 25, 2020 6:08am Mar 25, 2020 6:08am
EG correcting to 9180-92 worth shorting hard.
Its natural habitat is under 90 so pressure is there.
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In trading, you have to be defensive and aggressive at the same time
  • #35,794
  • Mar 25, 2020 6:25am Mar 25, 2020 6:25am
My thought process.
H1:
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M15:
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Please note your comment on how different I could have handled the trade is highly welcomed.
It is not over until I win
  • #35,795
  • Mar 25, 2020 6:35am Mar 25, 2020 6:35am
Quoting karasinga
My thought process. H1: {image} M15: {image} Please note your comment on how different I could have handled the trade is highly welcomed.
You did not answer my original question which was why did you wait until 8 to buy and not 740 or lower
Market strength is not part of my system so I have no idea.
Anyway carry on. My simple point is Don't be late picker
In trading, you have to be defensive and aggressive at the same time
  • #35,796
  • Mar 25, 2020 6:36am Mar 25, 2020 6:36am
EC reaction was lot stronger then I anticipated DD on it now.When trading swings that comprise of over 300 pips reactions tend to be bigger as well.
Not worried staying on course.

Battle hardened this does not flake me.
In trading, you have to be defensive and aggressive at the same time
  • #35,797
  • Mar 25, 2020 7:39am Mar 25, 2020 7:39am
Closed EC with that my daily goal of 1k reached

Now would not mind this shooting up 56 so we can slap it again
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In trading, you have to be defensive and aggressive at the same time
  • #35,798
  • Mar 25, 2020 8:39am Mar 25, 2020 8:39am
Woohoo the Congress agreed to rescue the Coronavirus Poor choice of words?

https://www.msn.com/en-ph/news/other...ll/ar-BB11Geel
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  • #35,799
  • Mar 25, 2020 9:09am Mar 25, 2020 9:09am
Quoting Hutch
Woohoo the Congress agreed to rescue the Coronavirus Poor choice of words? https://www.msn.com/en-ph/news/other...ll/ar-BB11Geel {image}
Agreed upon but no votes as of yet. I expect shenanigans before getting to the presidents desk.
Trade with confidence, trade without fear.
  • #35,800
  • Mar 25, 2020 9:15am Mar 25, 2020 9:15am
Quoting Hutch
Woohoo the Congress agreed to rescue the Coronavirus Poor choice of words? https://www.msn.com/en-ph/news/other...ll/ar-BB11Geel {image}
I'd say even Castaways don't want rescuing from the Corona Virus.
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Fib Traders get it right 61.8% to 78.6% of the time. NR
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