Pivot Scalping with DrForexMD | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

Pivot Level Scalping 9 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Pivot Scalping System EA Reqd 1 reply

Scalping Pivot Price Action 0 replies

Attachments: Pivot Scalping with DrForexMD
Exit Attachments

Pivot Scalping with DrForexMD

  • #141
  • Nov 24, 2020 10:16am Nov 24, 2020 10:16am
Orders in at R78 watching PA at R61
Attached Image (click to enlarge)
Click to Enlarge Name: f72fd09c52f4e2afe4cb33b4713fb3a0.png Size: 89 KB
"Not all those who wander are lost." - Tolken
  • #142
  • Nov 24, 2020 1:42pm Nov 24, 2020 1:42pm
NU Crab pattern on H4 Yesterday when the USD shot up the NU shot up as well which is very strange, nonetheless I would keep my eye on this one. Why the Kiwi is so high is anyone's guess. They've cut their interest rates which takes away the previous allure of the carry trade and they are missing out bigtime on tourism which is a significant portion of their GDP 5.8% directly and 4% indirectly.
Attached Image (click to enlarge)
Click to Enlarge Name: NUH4241120.png Size: 98 KB
piece of their GDP.
Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #143
  • Nov 24, 2020 2:01pm Nov 24, 2020 2:01pm
Quoting Romanov102
NU Crab pattern on H4 Yesterday when the USD shot up the NU shot up as well which is very strange, nonetheless I would keep my eye on this one. Why the Kiwi is so high is anyone's guess. They've cut their interest rates which takes away the previous allure of the carry trade and they are missing out bigtime on tourism which is a significant portion of their GDP 5.8% directly and 4% indirectly.{image} piece of their GDP.
I was wondering the same about NZD and found this:

https://www.interest.co.nz/news/1081...id-unnecessary
You miss 100% of the shots you don't take. W. Gretzky
  • #144
  • Nov 24, 2020 2:51pm Nov 24, 2020 2:51pm
Quoting Romanov102
NU Crab pattern on H4 Yesterday when the USD shot up the NU shot up as well which is very strange, nonetheless I would keep my eye on this one. Why the Kiwi is so high is anyone's guess. They've cut their interest rates which takes away the previous allure of the carry trade and they are missing out bigtime on tourism which is a significant portion of their GDP 5.8% directly and 4% indirectly.{image} piece of their GDP.
It's been my experience, heading into and through times of low liquidity i.e. the holidays, the Kiwi seems to over extend into realms of ridiculousness. Last year this time I ended up with a severe case of drawdown on AN for zero reason fundamentally and technically that I could see. I try to stick to larger economy currency Winter and Summer holidays. That being said, I am canceling my AJ order until tomorrow's market shows itself. A strong equities market would offer the pair a further push to the north. Just my two cents which is about what it's worth.

I am still shorting GC

Cheers!
B Snyd
"Not all those who wander are lost." - Tolken
  • #145
  • Nov 25, 2020 2:32pm Nov 25, 2020 2:32pm
NZD/CAD could possibly falls, will watch closely further price action
Attached Image (click to enlarge)
Click to Enlarge Name: nzdcad-h1-oanda-division7.png Size: 94 KB
  • #146
  • Nov 26, 2020 5:06am Nov 26, 2020 5:06am
Quoting koalified
NZD/CAD could possibly falls, will watch closely further price action {image}
Hey koalified,

I agree. Nice setup.

Cheers,
DJ
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #147
  • Jan 7, 2021 6:33am Jan 7, 2021 6:33am
Happy New Year Folks!

I'm back after I had to take a break from trading. Realised some quite big losses in Dec because of AU shorts
Took a break of a couple of weeks, reflected and I am now back in the game.

Took this trade today with nice profit:

Attached Image (click to enlarge)
Click to Enlarge Name: bd0b149b85b8f2784823999b571d3c8f.png Size: 55 KB

I'm still hesitant in buying the $, altough this one worked out nicely.


Currently building an EJ short position.

Cheers, Luke
You miss 100% of the shots you don't take. W. Gretzky
  • #148
  • Mar 13, 2021 1:15pm Mar 13, 2021 1:15pm
Charts for Week from Sunday 3-14-21 to 3-19-21 Friday EST:

Attached Image (click to enlarge)
Click to Enlarge Name: audcad-h4-ig-group-limited-4.png Size: 44 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #149
  • Mar 13, 2021 1:26pm Mar 13, 2021 1:26pm
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy-h4-ig-group-limited.png Size: 50 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #150
  • Mar 13, 2021 1:30pm Mar 13, 2021 1:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: audnzd-h4-ig-group-limited.png Size: 46 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #151
  • Mar 13, 2021 1:44pm Mar 13, 2021 1:44pm
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4-ig-group-limited.png Size: 47 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #152
  • Mar 13, 2021 1:46pm Mar 13, 2021 1:46pm
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy-h4-ig-group-limited.png Size: 42 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #153
  • Mar 13, 2021 1:48pm Mar 13, 2021 1:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad-h4-ig-group-limited.png Size: 40 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #154
  • Mar 13, 2021 1:51pm Mar 13, 2021 1:51pm
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp-h4-ig-group-limited.png Size: 47 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #155
  • Mar 13, 2021 1:54pm Mar 13, 2021 1:54pm
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4-ig-group-limited.png Size: 43 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #156
  • Mar 13, 2021 1:57pm Mar 13, 2021 1:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: nzdcad-h4-ig-group-limited.png Size: 41 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #157
  • Mar 13, 2021 2:02pm Mar 13, 2021 2:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy-h4-ig-group-limited.png Size: 56 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #158
  • Mar 13, 2021 2:06pm Mar 13, 2021 2:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h4-ig-group-limited.png Size: 53 KB
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #159
  • Mar 13, 2021 2:37pm Mar 13, 2021 2:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h4-ig-group-limited.png Size: 42 KB




Good-Bye, Good Luck and Green Pips !
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #160
  • Mar 13, 2021 5:21pm Mar 13, 2021 5:21pm
Quoting DrForexMD
{image} Good-Bye, Good Luck and Green Pips !

Thanks and appreciated, a good weekend and green pipes to you also.

cheers
0 traders viewing now