Pivot Trading | Page 1872 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #37,421
  • Jun 20, 2020 11:15am Jun 20, 2020 11:15am
Quoting Mundo
I have gone back to what has worked for me best. I stopped reading around FF and every other news and noises all over the internet. Decided to once again just study my charts, do my analysis and place my trades. When looking at others I tend to pay more attention to what my bias is already and not even consider those with opposing bias, so why bother. Some will say buy, some will say sell, so I will just go with my system and analysis. This is my plan. * Have just a handful of news and information sites to keep up-to-date with current events. No...
Great post.
What's you are going through is what everyone should do.Mental psychological breakdowns what you should focus on and what works for you.
I have found to my amazement taking quicker profits and more trades works beautifully instead of waiting for home runs wasting time.
Do what works for you!
In trading, you have to be defensive and aggressive at the same time
  • #37,422
  • Jun 20, 2020 5:41pm Jun 20, 2020 5:41pm
https://www.cnbc.com/video/2020/06/1...e-westpac.html
Sean Callow of Westpac Bank said AUD should be trading at 64 fair value

Above is just opinion of a Banker but that's lot more credible and interesting then some analysts drawing charts with 10 indicators.
I am anticipating EU GU NU UC(UC north) AU trading further south next week(notice except UJ). With new spikes in Covid19 risk aversion draws to USD
This is the canvas I am framing for next week unless charts prove me wrong.

Stay green
In trading, you have to be defensive and aggressive at the same time
  • #37,423
  • Jun 20, 2020 6:35pm Jun 20, 2020 6:35pm
Quoting Egbert
My view for GBPAUD, With still an uncertain outlook I believe that AudUsd still have more room to the upside. Aud is not that hard hit by Covid-19 as the rest of the world and in the RBA last report they said that their view is that the economy retraction should be shollow. They are all ready opening most businesses to bolster their economy. Any positive outlook/ view from Louw Monday will support Aud next week, also no big news to make GBP change direction. Hence my view GBPAUD still room to the down side on the weekly. R100 for next week. CNY...
The broad consensus in Australia about the AUD better value (mainly import/export context) since John Howard treasurer in late 1977 and then Prime Minister of Australia, in office from 1996 to 2007 has been around $0.68.
So, far business is reopening in all states and the infection rate is near 0. The outlook is better than expected both health wise and economically, current unemployment rate increased 0.7 pts to 7.1%, however there is more to come.
The crunch will be in September when and if the government stop or continue the financial support to business and individuals. Of course, a lots a of people are looking at the Chinese impact on the Australian's economy and it is important, however this has now given the Feds the impetus to look a far for its export and import.
I have been reading in a few FF threads for the past month that the AUD is about to crash which may happen.... nevertheless, I like you see more upside for the AUD in the short term.
Let see what will the outcomes (Covid-19) be from the demonstrations around the world more particularly in the US.
Stay green!!!
  • #37,424
  • Jun 21, 2020 9:38am Jun 21, 2020 9:38am
Quoting Mundo
I have gone back to what has worked for me best. I stopped reading around FF and every other news and noises all over the internet. Decided to once again just study my charts, do my analysis and place my trades. When looking at others I tend to pay more attention to what my bias is already and not even consider those with opposing bias, so why bother. Some will say buy, some will say sell, so I will just go with my system and analysis. This is my plan. * Have just a handful of news and information sites to keep up-to-date with current events. No...
I'm on the same page with you. Really good post
  • #37,425
  • Jun 21, 2020 12:02pm Jun 21, 2020 12:02pm
the "Model"

“vertigo is something other than the fear of falling. It is the voice of emptiness below us which tempts and lures us, it is the desire to fall, against which, terrified, we defend ourselves.”

Milan Kundera
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 193 KB
In trading, you have to be defensive and aggressive at the same time
  • #37,426
  • Jun 22, 2020 5:10am Jun 22, 2020 5:10am
Good morning, hope you doing great !

GU Sell for me, i will take this untill PA will not give any sign of reversal.
I will keep you update.

Regard's H
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 42 KB
Don't be delicated, be vast and brilliant ! [Brent Smith]
  • #37,427
  • Jun 22, 2020 10:06am Jun 22, 2020 10:06am
NC EC both good opportunities to watch for shorts now
Watch PA 1st
In trading, you have to be defensive and aggressive at the same time
  • #37,428
  • Jun 22, 2020 11:22am Jun 22, 2020 11:22am
Hey there,

GU Update : Seems stalling at WP, that's good if the current H4 will close under, i will stay short also if the daily candle will close under the Daily trendline, i will send a picture later.

Have nice day.

Regard's

H
Don't be delicated, be vast and brilliant ! [Brent Smith]
  • #37,429
  • Jun 23, 2020 1:49am Jun 23, 2020 1:49am
Anyone looking at gold right now?
seems like PA is confirming a bearish reaction but given that China-US ordeal earlier, I'm wanting to sit on my hands for this one.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 23 KB
Don't bet the farm house.
  • #37,430
  • Jun 23, 2020 10:13am Jun 23, 2020 10:13am
Hello everyone,

Sorry for late reply.
GU SL Hit i will post screenshot later when i have more time.

Regard's

H
Don't be delicated, be vast and brilliant ! [Brent Smith]
  • #37,431
  • Jun 24, 2020 6:02am Jun 24, 2020 6:02am
Hello friends, does anyone know if there is a free script for Tradingview? just like Davits Pivot V3.2 Auto for MT4, which shows the rotation zones weekly pivot up to R200 / S200? I would like to do my planning in Tradingview. Trading continues in MT4.
Many thanks
the highest point comes before the fall
  • #37,432
  • Jun 24, 2020 9:13am Jun 24, 2020 9:13am
AC H1 short 3 positions, still learning ProRealTime
Attached Image (click to enlarge)
Click to Enlarge Name: AC H1.JPG Size: 189 KB
  • #37,433
  • Jun 24, 2020 9:35am Jun 24, 2020 9:35am
Quoting Pivoter
Hello friends, does anyone know if there is a free script for Tradingview? just like Davits Pivot V3.2 Auto for MT4, which shows the rotation zones weekly pivot up to R200 / S200? I would like to do my planning in Tradingview. Trading continues in MT4. Many thanks
Try to search for this one, I will update script for FIB to reach upton 200S/R, right now its just upto 100S/R.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 65 KB
Don't bet the farm house.
  • #37,434
  • Edited 5:52pm Jun 24, 2020 10:47am | Edited 5:52pm
Hello Friends,

I lost some profits and made some on NZDUSD at 5:00 am EST after a spike despite having 2 older shorted TPs and one the day before no SLs on my microaccount with a small balance but within margin.

What happened ?

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-fx-h1-ig-group-limited.png Size: 34 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Fraud NZDUSD - 2020-06-24.PNG Size: 33 KB


Net P/L = $24.63 - $46.62 - $77.25

Net P/L = -$99.24

I am glad it was a small micro account. I was at $1120 now $1030.

Does anyone have a clue what happen?

I am guessing the older Trades in the negative were closed out due to a Margin Call with the Spikes. All closed at the last short with the older negative trades did the same with a loss with the IG Broker.

Luckily, I had a small account testing the IG Broker.

Regards,
John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #37,435
  • Jun 24, 2020 12:12pm Jun 24, 2020 12:12pm
Quoting akosichago
{quote} Try to search for this one, I will update script for FIB to reach upton 200S/R, right now its just upto 100S/R. {image}
Many Thanks.
the highest point comes before the fall
  • #37,436
  • Jun 24, 2020 6:33pm Jun 24, 2020 6:33pm
WARNING: I am unable to withdraw my money from the IG Broker after multiple attempts even thought a meiger amount.

This is crazy !

Has anyone here had trouble with IG ?

Oanda is least are straight shooter as far as money withdrawal.

I am going back with Oanda and just take a loss with the thieves at IG Broker.

Yours,

John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #37,437
  • Jun 25, 2020 5:19am Jun 25, 2020 5:19am
Quoting DrForexMD
WARNING: I am unable to withdraw my money from the IG Broker after multiple attempts even thought a meiger amount. This is crazy ! Has anyone here had trouble with IG ? Oanda is least are straight shooter as far as money withdrawal. I am going back with Oanda and just take a loss with the thieves at IG Broker. Yours, John
Hi John
Sometimes withdrawals are required same way as deposited example if you used debit or CC to deposit then you must withdraw same way.
Oanda and lot of US brokers require this.
I am certain you'll get your money out.
Good luck
In trading, you have to be defensive and aggressive at the same time
  • #37,438
  • Jun 25, 2020 5:24am Jun 25, 2020 5:24am
Hi guys
Just want to say System is working just fine trades are taken, profits closed, losses closed.Me not posting as much has no relevance about the system

Today's trades NC took 15min ago.Good example how you should see the market.
NC hit R 78 retreated to 8715 then bounced hit R38 now going south.Everything is logical.On fundamental view RNBZ announced more stimulus coming so NZD should get weaker going forward.
Hope this refreshes Pivoters

Closed EC in nice profits,Been hitting this over and over.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADH1.png Size: 69 KB
In trading, you have to be defensive and aggressive at the same time
  • #37,439
  • Jun 25, 2020 5:51am Jun 25, 2020 5:51am
Hello there,

My guess about GU was right, i am again short over GU from yesterday after taking some losses as said the 23/06, once i've done with this position too i will post trade recap, just for avoid multiple screen.

Regard's !

H.
Don't be delicated, be vast and brilliant ! [Brent Smith]
  • #37,440
  • Jun 25, 2020 6:45am Jun 25, 2020 6:45am
Quoting Davit
Hi guys Just want to say System is working just fine trades are taken, profits closed, losses closed.Me not posting as much has no relevance about the system Today's trades NC took 15min ago.Good example how you should see the market. NC hit R 78 retreated to 8715 then bounced hit R38 now going south.Everything is logical.On fundamental view RNBZ announced more stimulus coming so NZD should get weaker going forward. Hope this refreshes Pivoters Closed EC in nice profits,Been hitting this over and over. {image}
2years trading with Weekly pivot and still using it until now
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD2.jpg Size: 415 KB
1 simple mistake makes you become 1000x better.
37 traders viewing now