Pivot Trading

I agree, but don`t like to have open positions over the weekend . I loaded heavily on high

Last two weeks. The % are actually half, since I trade offshore, don't need nearly the margin, so half of my trading capital sits in my bank account. But I use that amount when figuring trade size, p/l, etc.

Glad to be out of the AC, not a huge gain but green. Was in DD for a few days but stuck with it. Such great opportunities this week. Wasn't to take advantage as much as I would have liked, but there is always next week. Thanks Davit! How is your shoulder doing? I hope you have been able to get it looked at.

@ Davit- hope you’re feeling better and well done on amazing results in April

Hope everyone is doing well. Been missing in action with WFH and kids. Been hectic couple of weeks. Thank you to magic of Pivots and continued guidance of members here. I managed to catch 100+ pips on Eur/Cad and Usd/cad today.

Learning journey continues. Hopefully, I can finish listening to trading in the zone over the weekend.

Safe and good weekend to all.

No progress.Unless its life threatening you can't visit doctor now.I'll see if I can get video advise next week.Its depressing me.
thanks and green pips
good job on gains

Great job! continue strong

Continue building on the momentum.

Hi Egbert , before the ISM News was released , UC was at SUPPORT 38 and had momentum upward from S100 on a 4hr chart. Thus for this pair , I'm thinking that in all probability the short term trend would continue upward despite the 2 big candles at S38. Was actually going to short the UC at 1.40 and TP at S61 , being a Friday. Don't like to hold positions over the weekends.
However , the News gave the USD a solid boost North.
I then sold into heavy resistance area of 1.4070 to 1.4090
Didn't retrace as much as I had wanted today but Monday or Tuesday will be great days.
Egbert , there are a ton of different ways to trade , but I love Davit's PPT system.
Hasn't failed me , not once.
GE

Please do try to care for that as soon as you can. You don't want your body adjusting to it and healing as is, that will make matters worse and lot more difficult to treat.

Another great week of trading by Pivot followers, it was one of those weeks that show how this system works. New week, new month...time to build on what was accomplished this week.

Hi guys
Looks like maybe Trump tweet might help AN and AC shorts going full force.

Little tip when going over the calendar be aware of sequence of events what comes 1st then later.
Example AUD rate is Tues but later same day is NZD unemployment which is projected to be better or green. All more reasons to hold AN shorts longer.
Key date on GBP is Thurs rate policy and until then its likely GU may deflate further down.
USD may sharply decline on Friday. NFP looks pretty serious red number.
Stay green

Please take care of that shoulder as soon as you can! It will be okay though once things start moving again. We are starting to move again here in Seattle. Slow but forward progress. You are in my thoughts and prayers. I read online that there is loosely a six week window to have surgery for that? So there is time, and the goodwill of everyone here is bound to help.

This week in the news and other comments.

Ideas:
EC – looking for gain toward 1.5540, then move back to WPP around 1.5350. It is now in a slight mid week markup location with potential to move toward 1.5350 WPP without a pullback toward 1.5540.
AC – watching for pullback north, then a sell. Going into next week with a weakening AUD against all crosses. Trump suggests possible tariffs on China to penalize for ‘causing’ the spread of the coronavirus.
EA-move to WPP around 1.6925 before move toward 1.7300. I have not traded EA for awhile but would look here for a possible move to 1.7300 area if it can clear the D 21EMA area around 1.7125. The A++ move for me would be a sell from 1.7300 R61 area back toward the WPP, possibly on WED if AUD trade balance prints as forecast higher at 6.4B.
As always, anything can happen. This is just noticing the bias and responding as conditions change.
Focus on USD, CAD, AUD, NZD

SUN
No red news. AUD low impact news. Watching here to see if any good news for AUD might move EA back to WPP before a potential move north on Monday, should AUD rate statement include dismal language.

MON
AUD – RBA Rate Statement and Cash Rate – Rate expected to remain unchanged at .25%. Any dovish language could be the driver for AC, GA, EA.

TUES
CAD – Trade Balance – forecast to decline from -1.0B to -2.2B. .
USD – Trade Balance – forecast decrease from -39.9B to -44.2B
USD – ISM Non Manufacturing PMI – forecast decline from 52.5 to 37.5
NZD –Unemployment Rate and Employment Change – Rate forecast to increase from 4.0 to 4.4%, change from 0% to -.2% forecast.

WED
USD – ADP Non Farm Employment Change – forecast change from -27K to -20000K. This is likely to print as expected or nearly so. Even though the US economy is starting to reopen in some states, the number of covid-19 cases is consistent, with equal numbers of states with decreasing cases reported and increasing cases.
AUD-trade balance – forecast increase from 4.36B to 6.4.
NZD – Inflation Expectations – previous 1.93%, at time of printing, no number forecast
CAD – Ivey PMI – forecast decrease from 26 to 20
GBP – BOE Monetary Policy Report, MPC Official Bank Rate Vote, Monetary Policy Statement, Bank Rate – no change forecast however some believe there will be a rate cut. Unusual time of announcement at 11pm PST (West Coast US Time)

THURS
USD – Unemployment Claims – forecast to decrease from 3839K to 3000K
AUD – RBD Monetary Policy Statement

FRI
USD – Non Farm Payroll – forecast decline from -701K to -21000K. Big fat red forecast. This will be priced into the market I think.
USD – Unemployment Rate forecast increase from 4.4% to 16%
CAD – Employment Change forecast decrease from -1010K to -5000K
CAD – Unemployment Rate forecast increase from 7.8% to 16%

Sell in May...then go away...

Everything working nicely AN AC south GC as well Love to make shitload this month.I am pumped.

Its tempting to short EU but I advise not.Let the market reveal its hand.Too early

UJ 650-30 still holding as support
Crude going UP as expected with it CAD getting stronger. Should NFP really tank we could see new low on UC 137 range
Last month low was 3838 give or take and I do think we will set new low this month.Another factor as Virus restrictions are easing of slowly less USD becomes safe heaven. Why I am more USD bear bias this month.

zero % for aud?

https://www.asx.com.au/prices/targetratetracker.htm

probably with 62% chance ?

https://www.asx.com.au/prices/targetratetracker.htm


last 2 week, i see COT report pointing out SHORT increasing and the price going north.
let see lol.

Would love to see 1.37 !!!!!
GE

Here is a PDF of rotator cuff rehab exercises without surgery. I have a video of these but cant figure out how to get it to you. Its 15 megs so too big to link. It has been taken down from the web. Hope these can help you

Dropbox... 2 GB free!?