Pivot Trading

Quoting Davit

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For next week pay attention to AU AC AN AJ EA Weds I am anticipating AUD deflation.Even if numbers come out slightly positive IMO AUD may already be priced in by then AC specially is at strong resistance zone.9850 EA hit bottom of strong R we are monthly yearly low {image} {image}

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Quoting R61

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{quote} OK, loading some shorts on AC {image} Let's see what market gives. Also watching AU, GC for shorts.

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Quoting Davit

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Hitting GC hard now 7725 unreal number hyped up number wont stay here long 150adr May not move much before GBP Retail and PMI but may drop fast after.I just loaded because I love the number.

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Quoting Davit

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I had my share of my ART getting rejected from galleries and never stopped me from creating more ART Stephen King In another instance in the never ending series “Book Publishers Making Dumb Decisions”, mega novelist Stephen King had his first book Carrie rejected 30 times. Dejected, King dumped the book in the trash. His wife retrieved it and implored him to resubmit it which led to his first book deal and spawned his illustrious career. Michael Jordan Either he was part of the greatest high school roster of all time or his coach made a huge mistake...

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Quoting Davit

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{quote} closed 50pips in nice profits. Take away from last week and in general. Pivots work until it does not.I would say about 80% of times swings adhere to its basic structure of weekly ADR and Pivots but obviously there are times like last week it failed specially against AUD and NZD both got lots of love from market which was driven by fundamentals such as renewed fears of new trend of Covid, shuts downs, and its ramifications.If you must take a loss do it.Save your troops for another battle.Losses are part of the game as much as cook...

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