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Pivot Trading

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  • Post #37,521
  • Quote
  • Jul 10, 2020 4:33am Jul 10, 2020 4:33am
  •  Halfcents
  • Joined Jul 2018 | Status: Member | 230 Posts
Quoting Halfcents
Disliked
GBPCAD {image}
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GBPCAD didnt pullback much but now expecting stronger CAD after news. Price at 100 looking to start building short positions
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  • Post #37,522
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  • Jul 10, 2020 7:38am Jul 10, 2020 7:38am
  •  Halfcents
  • Joined Jul 2018 | Status: Member | 230 Posts
Worth to watch NZDJPY
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  • Post #37,523
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  • Jul 10, 2020 9:49am Jul 10, 2020 9:49am
  •  GreenEarth
  • Joined Dec 2016 | Status: Member | 532 Posts
NU refuses to go below .65 into the 64's thus far. Obviously , I'm short NU , waiting for the levee to break.
GE
1
  • Post #37,524
  • Quote
  • Jul 10, 2020 3:25pm Jul 10, 2020 3:25pm
  •  rupasi
  • Joined Nov 2009 | Status: Member | 180 Posts
Entered right around R100, rode it up and down, then exit at .9436
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  • Post #37,525
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  • Edited at 11:42pm Jul 11, 2020 1:40pm | Edited at 11:42pm
  •  DiamondMiner
  • Joined Jun 2018 | Status: Member | 843 Posts
Enjoy the Weekend Reading Mark Douglas'es last book, The Definitive Guide to Mastering the Psychology of Trading In my opinion Mark Douglas was one of the greats to make the awareness and importance of the psychology of the trade known.
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File Type: pdf The Definitive Guide to Mastering the Psychology of Trading by Mark Douglas (1).pdf   2.0 MB | 974 downloads

"It is with great sadness that we have to inform you that Mark Douglas passed away suddenly," We've learned that Mark died in the evening on September 12 at his home in Scottsdale Arizone.Sep 15, 2015
You NEVER will be the person you could be, without pressure & discipline
14
  • Post #37,526
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  • Jul 12, 2020 10:09pm Jul 12, 2020 10:09pm
  •  GreenEarth
  • Joined Dec 2016 | Status: Member | 532 Posts
Hi Traders ,
I am short NU , and been short this pair since July 2nd. Very poor analysis on my part. My entry obviously should have been long.
Currently trading at .6575
This pair has had a very difficult ride trying to break above .6600
Traders MIGHT want to watch this pair for shorting even though it's trading near the WPP.
Some highly positive News out of the USA this week could send this pair back down to the .6500 area , where I would eek out a very small profit. Potential for shorting this pair will increase significantly if News is positive and this pair still fails to break .6600
Sincerely ,
GE
2
  • Post #37,527
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  • Jul 13, 2020 4:00am Jul 13, 2020 4:00am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 776 Posts
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Wait for the Lion to eat and become satisfied and tired
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  • Post #37,528
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  • Jul 14, 2020 5:32am Jul 14, 2020 5:32am
  •  Halfcents
  • Joined Jul 2018 | Status: Member | 230 Posts
NZDUSD
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  • Post #37,529
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  • Jul 14, 2020 5:34am Jul 14, 2020 5:34am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 776 Posts
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Wait for the Lion to eat and become satisfied and tired
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  • Post #37,530
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  • Jul 14, 2020 6:38am Jul 14, 2020 6:38am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,678 Posts
Closed NU in solid profits

Shorting EC
Expecting CAD bears dropping positions after BOC tomorrow.As usual risk is on CAD why its weak now but in Forex everything is in constant motion.Today's weak is tomorrows strong.
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There is no failure except in no longer trying
6
  • Post #37,531
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  • Jul 14, 2020 6:40am Jul 14, 2020 6:40am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 776 Posts
Quoting Davit
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Closed NU in solid profits Shorting EC large.
Ignored
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Wait for the Lion to eat and become satisfied and tired
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  • Post #37,532
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  • Jul 14, 2020 6:52am Jul 14, 2020 6:52am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,678 Posts
Serious family issues in LA related to covid19...

on plus side trading going well and scored off criagslist amazing Team Raleigh Record 1978 frame!Nice 531 steel tubing. Building nice bike out of it.The craftsmanship of this frame is beautiful and light.Needless to say they dont make bikes like these anymore.One complete one on Ebay going for 1300 Euro
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There is no failure except in no longer trying
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  • Post #37,533
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  • Jul 14, 2020 10:33am Jul 14, 2020 10:33am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 776 Posts
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Wait for the Lion to eat and become satisfied and tired
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  • Post #37,534
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  • Jul 14, 2020 11:36am Jul 14, 2020 11:36am
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 127 Posts
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the highest point comes before the fall
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  • AmmaBoss
  • Post #37,536
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  • Jul 14, 2020 6:49pm Jul 14, 2020 6:49pm
  •  DiamondMiner
  • Joined Jun 2018 | Status: Member | 843 Posts
Quoting AmmaBoss
Disliked
I probably shouldn't say this but I will anyway. While I truly do believe davit is a successful individual and did make quite a lot of money from trading. His pivot method does not work, I have literally gone over every single one of his trades as well as every member that I believe is successful on this forum and has come to the conclusion that these individuals are not successful because of their system, they are successful because each and every single one of them abuse the same edge in the market unknowing, I assume this is because they are...
Ignored
AmmaBoss, I am not going to get into a pissing match with anyone, however using Mark Douglas'es Psychology of the Trade together with Davits Pivot Trading, I can say I have made consistent money month after month.
Respectfully,
DM
You NEVER will be the person you could be, without pressure & discipline
6
  • Post #37,537
  • Quote
  • Jul 14, 2020 8:18pm Jul 14, 2020 8:18pm
  •  GreenEarth
  • Joined Dec 2016 | Status: Member | 532 Posts
Quoting Halfcents
Disliked
NZDUSD {image}
Ignored
Hope you are correct on the NU !!!
I am with you on that trade.
GE
  • Post #37,538
  • Quote
  • Jul 14, 2020 8:22pm Jul 14, 2020 8:22pm
  •  GreenEarth
  • Joined Dec 2016 | Status: Member | 532 Posts
Quoting DiamondMiner
Disliked
{quote} AmmaBoss, I am not going to get into a pissing match with anyone, however using Mark Douglas'es Psychology of the Trade together with Davits Pivot Trading, I can say I have made consistent money month after month. Respectfully, DM
Ignored
I am solidly with DiamondMiner as well !!!! My win ratio has been 89% for 2 years due to Davit's System and the great help from all of the excellent traders on this thread.
Sincerely ,
GE
3
  • Post #37,539
  • Quote
  • Jul 14, 2020 9:37pm Jul 14, 2020 9:37pm
  •  Cryptosurf
  • Joined Feb 2015 | Status: Member | 1,022 Posts
Quoting AmmaBoss
Disliked
I probably shouldn't say this but I will anyway. While I truly do believe davit is a successful individual and did make quite a lot of money from trading. His pivot method does not work, I have literally gone over every single one of his trades as well as every member that I believe is successful on this forum and has come to the conclusion that these individuals are not successful because of their system, they are successful because each and every single one of them abuse the same edge in the market unknowing, I assume this is because they are...
Ignored
All this from a wet behind the ear 21 year old. No wonder you failed so quickly.
You haven’t put the time in and know very little about trading in general.

Shot
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Chaser
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Trade with confidence, trade without fear.
8
  • Post #37,540
  • Quote
  • Jul 14, 2020 9:59pm Jul 14, 2020 9:59pm
  •  DiamondMiner
  • Joined Jun 2018 | Status: Member | 843 Posts
Quoting Cryptosurf
Disliked
{quote} All this from a wet behind the ear 21 year old. No wonder you failed so quickly. You haven’t put the time in and know very little about trading in general. Shot {image} Chaser {image}
Ignored
That kid has two years trading experience... LOL..... Still Green behind the Ears.....
DM
You NEVER will be the person you could be, without pressure & discipline
8
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