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  • Post #37,561
  • Quote
  • Jul 23, 2020 6:21am Jul 23, 2020 6:21am
  •  Hutch
  • Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,906 Posts
Quoting bubincka
Disliked
{quote} This will continue until many retail accounts are blown. Still on holiday for some days, exposed on USD long with some small positions, managing risk.
Ignored
Since I'm American the USD going down is not good for me but fortunately I live outside the US. Helio' statement that all currencies are against the USD is false because currencies move up and down in accordance with economic factors. Most countries took health measures to contain the spread of Covid-19 and although their economies suffered for a while they are mostly recovering. Here in Cyprus there was a 3 months lockdown and that ceased a month ago. Now everything is opened and there is almost no contagion. My country did not do that at all and let the virus spread. Now it has become dire so instead of recovering from the virus my country is now by far the number one country suffering the most infections and deaths. This has a direct negative effect on the economy and this is the main reason that the USD is down against most currencies.
 
10
  • Post #37,562
  • Quote
  • Jul 23, 2020 8:29am Jul 23, 2020 8:29am
  •  Wesleyaso
  • Joined May 2012 | Status: Member | 135 Posts
Quoting Hutch
Disliked
Since I'm American the USD going down is not good for me but fortunately I live outside the US. Helio' statement that all currencies are against the USD is false because currencies move up and down in accordance with economic factors...
Ignored
Being Brazilian, I make your words yours.
The worst is yet to come this way...
"The freedom of the other extends mine to infinity"
 
2
  • Post #37,563
  • Quote
  • Jul 23, 2020 10:39am Jul 23, 2020 10:39am
  •  Hutch
  • Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,906 Posts
Quoting Wesleyaso
Disliked
{quote}Being Brazilian, I make your words yours. The worst is yet to come this way...
Ignored
On this chart Brazil is just about the same as the US https://coronavirus.jhu.edu/data/mortality I hope that a vaccine be found soon and given free to all the people wherever they live.
 
2
  • Post #37,564
  • Quote
  • Jul 23, 2020 1:38pm Jul 23, 2020 1:38pm
  •  NLtrader
  • | Joined Apr 2016 | Status: Member | 35 Posts
AC Is almost on weekly pivot the strategy still works ;-)
 
3
  • Post #37,565
  • Quote
  • Jul 23, 2020 10:36pm Jul 23, 2020 10:36pm
  •  akosichago
  • Joined Nov 2019 | Status: Member | 52 Posts
No matter how high it flies, it has to go back home sometime.
With the heated geopolitical risks coming into picture, it'll be an interesting week ahead for this AJ pair. Squak says US looking to shut more consulates in the upcoming week.
Really had the worst drawdown to date but still alive to trade another day.
Best of luck to everyone.
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Don't bet the farm house.
 
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  • Post #37,566
  • Quote
  • Jul 24, 2020 12:50am Jul 24, 2020 12:50am
  •  akosichago
  • Joined Nov 2019 | Status: Member | 52 Posts
Quoting akosichago
Disliked
No matter how high it flies, it has to go back home sometime. With the heated geopolitical risks coming into picture, it'll be an interesting week ahead for this AJ pair. Squak says US looking to shut more consulates in the upcoming week. Really had the worst drawdown to date but still alive to trade another day. Best of luck to everyone. {image}
Ignored
Closed trade/
Attached Image
Don't bet the farm house.
 
1
  • Post #37,567
  • Quote
  • Jul 24, 2020 10:28am Jul 24, 2020 10:28am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,961 Posts
this used to be the "The thread" on forexfactory and now it has gone incredibly quiet. hope everyone is fine. I am too busy in my day job and cannot post. Hope u are well davit and ur backache is gone for good.
 
 
  • Post #37,568
  • Quote
  • Jul 24, 2020 2:12pm Jul 24, 2020 2:12pm
  •  Gmo
  • Joined Feb 2017 | Status: Member | 178 Posts
Quoting akosichago
Disliked
{quote} Closed trade/ {image}
Ignored
ako...... What Pivot Levels are you using - they do not correspond to Weekly Fibonacci Levels?

AUDJPY: Classic Davit Set-ups!
Captured advance from break of triangle above WPP 7-20 to exit R138 (+964.3)
Entry Short 7-22 (Shooting Star), break NY Open (red dots), Retest London Open 7-23 (Hanging Man),. Break Triangle, R161 and Daily Open with Add-On's with breaks of Pivot Levels and Session Opens
Exit +1472.7
Attached Image

I have commented before on the importance of Session Opens (Daily, London & NY)
Structures (rectangles, triangles, trend and S/R lines as they relate to Weekly Pivot Levels and Session Opens) are important to me!
It is possible to gain a further Edge as a Plus to trading Weekly Pivots as Davit has given us all.

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Trade what you see in the Charts
Not what you Think!
Focus on Economic Events, Fundamentals apply to Davit's Philosophy.
 
10
  • Post #37,569
  • Quote
  • Jul 25, 2020 9:02am Jul 25, 2020 9:02am
  •  akosichago
  • Joined Nov 2019 | Status: Member | 52 Posts
Quoting Gmo
Disliked
{quote} ako...... What Pivot Levels are you using - they do not correspond to Weekly Fibonacci Levels? AUDJPY: Classic Davit Set-ups! Captured advance from break of triangle above WPP 7-20 to exit R138 (+964.3) Entry Short 7-22 (Shooting Star), break NY Open (red dots), Retest London Open 7-23 (Hanging Man),. Break Triangle, R161 and Daily Open with Add-On's with breaks of Pivot Levels and Session Opens Exit +1472.7 {image} I have commented before on the importance of Session Opens (Daily, London & NY) Structures (rectangles, triangles, trend and...
Ignored
Thanks for pointing that out! Didn't notice that since I'm looking at charts via trading view and trigger my orders via my mobile MT4. I seldom do use the mt4 desktop app since I have a dayjob that keeps me away from my personal laptop. must have missed changing the range from previous week right there.
Don't bet the farm house.
 
 
  • Post #37,570
  • Quote
  • Jul 27, 2020 5:31am Jul 27, 2020 5:31am
  •  akosichago
  • Joined Nov 2019 | Status: Member | 52 Posts
Looking at EA and EC.

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Don't bet the farm house.
 
 
  • Post #37,571
  • Quote
  • Jul 27, 2020 10:43am Jul 27, 2020 10:43am
  •  Wesleyaso
  • Joined May 2012 | Status: Member | 135 Posts
On the radar...
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"The freedom of the other extends mine to infinity"
 
3
  • Post #37,572
  • Quote
  • Jul 27, 2020 7:49pm Jul 27, 2020 7:49pm
  •  akosichago
  • Joined Nov 2019 | Status: Member | 52 Posts
Real nice long pinbars at the 4H TF for CJ and NC.
CJ been on a 6th week range already, entering the 7th week.
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NC rally looks like stalling since last week after that CN-US dispute.
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Don't bet the farm house.
 
3
  • Post #37,573
  • Quote
  • Jul 28, 2020 3:25am Jul 28, 2020 3:25am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 994 Posts
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Nothing is impossible - IHS
 
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  • Post #37,574
  • Quote
  • Jul 28, 2020 3:51am Jul 28, 2020 3:51am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 994 Posts

Just a heads up!
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Nothing is impossible - IHS
 
7
  • Post #37,575
  • Quote
  • Jul 29, 2020 10:25am Jul 29, 2020 10:25am
  •  Egbert
  • Joined Aug 2017 | Status: Member | 994 Posts
Attached Image (click to enlarge)
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Nothing is impossible - IHS
 
9
  • Post #37,576
  • Quote
  • Jul 30, 2020 12:33pm Jul 30, 2020 12:33pm
  •  NLtrader
  • | Joined Apr 2016 | Status: Member | 35 Posts
Usd/Jpy is at S78 but very weak… Eur/Usd at highs above R78 looks like Euro lost his power After the Fed rate dissision …;-)
 
 
  • Post #37,577
  • Quote
  • Jul 31, 2020 3:16am Jul 31, 2020 3:16am
  •  ppxdf
  • Joined Jan 2009 | Status: Member | 701 Posts
Quoting Hutch
Disliked
{quote} On this chart Brazil is just about the same as the US https://coronavirus.jhu.edu/data/mortality I hope that a vaccine be found soon and given free to all the people wherever they live.
Ignored
Yes, now I agree with you.
analisys should be per million

https://bit.ly/39I0xAa
 
1
  • Post #37,578
  • Quote
  • Jul 31, 2020 7:17am Jul 31, 2020 7:17am
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 438 Posts | Online Now
Quoting Egbert
Disliked
{image}
Ignored
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Size: 73 KB




Hello Egbert, this excellent strategy works again and again !!
the highest point comes before the fall
 
4
  • Post #37,579
  • Quote
  • Jul 31, 2020 3:42pm Jul 31, 2020 3:42pm
  •  Gmo
  • Joined Feb 2017 | Status: Member | 178 Posts
Quoting Pivoter
Disliked
{quote} {image} Hello Egbert, this excellent strategy works again and again !!
Ignored
Egbert too!
EURUSD Pivot Levels differ by more than a few pips from Oanda, Blueberry & FXCM
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Modest Trade EURUSD
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2
  • Post #37,580
  • Quote
  • Jul 31, 2020 4:17pm Jul 31, 2020 4:17pm
  •  Egbert
  • Joined Aug 2017 | Status: Member | 994 Posts
Quoting Gmo
Disliked
{quote} Egbert too! EURUSD Pivot Levels differ by more than a few pips from Oanda, Blueberry & FXCM {image} Modest Trade EURUSD {image}
Ignored
1.15618=1.1572
give or take 10 pips diffrence?
Nothing is impossible - IHS
 
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