Pivot Trading

Sharing my calendar for next week.

Big picture. AUD still weak from covid shutdowns and with NZD rate projected to jump .25 to .50 I anticipate AN to test below 400 then perhaps sharp corrections to 500 in coming weeks.
USD- I think US economy is on positive trajectory despite of delta related hiccups.My focus will be buying UC on dips to 27-29. Feds weds could define easing off stimuli and bond buying signaling possible rate increase in looming months ahead.As we know in the markets everything gets priced in before the event in most cases hence USD strength will continue despite of last Friday's mini rally of Euro.

Tues

USD- core retail-------may not have much impact before Feds minutes but positive number here could trigger corrections on USD specially Euro perhaps dropping to 1750 support.
NZD-Rate/Statement/Policy---big mover and if rate does change to .50 I anticipate big spikes then rabid corrections.My experience in the past years on NZD rate hikes has been pump and dump almost immediately.Could be different this time.I advise NOT get in front of NZD before rate decision.Despite what you read by morons like Hasib me being a "gambler" I am far from that the idiots just dont get my trading.The guy is suffering from inferiority complex.How to spot an idiot at FF well easy on Hasib's case started over 12 systems trades none himself but spams trolls at Trading made simple because nobody with brains will post on his useless threads..Talk about neglected child As the saying goes your "work" speaks for itself who you are.I am guilty of paying attentions to this imbecile's remarks.Mistake on my part.

Weds

GBP--CPI projection is lower then present.Red here could send cable and G pairs lower.

CAD CPI -wait and see.Since this comes out 8.30 and FEDs at 2pm may not move much.

USD-Feds minutes big mover! I think it will be USD positive however anything is possible.

AUD---Employment both projections are red.This makes sense with Covid shutdowns.AUD will be risk on!!!

Friday

CAD--Retail projection is very green.EC GC will be in focus for me.

Have fun and make money.

Thanks Davit

I have my eye on AN this week, will be watching it closely but looks like its one for later in the week

Hasib, I am also guilty of reading his posts but thats just because i find them comical and it brightens up my day

Hi guys
I have posted many of my calendar analyses over years the reason is simple it helps me guide my thinking what's coming up and not be surprised or worst take trade ignorant of major events then be in serious DD.
When you go over it you become lot more acquitted then simply looking at it.Its seriously part of my trading routine.
I hope you do yours dont have to post it but do it and notice the difference in your trading.You will notice significant improvement.
Good luck

Morning guys.

Sharing the pairs i'm watching from the 4hr perspective. YEN dominant at the start of the week. Waiting for the confirmation that the bulls are starting to enter the market before trading. Should be an interesting week!

Hi guys pay attention to ADR

Shorting EU from Friday H will hold to 1750-60.LOve weeks when Feds are on!Nothing like healthy volatility

relevant to AUD

Closed GC +213
Watching to reload on GC (currently at R38) and load on EC (approaching R78)

Would you say AUD is completely off the charts for going long this week davit?

EDIT: Looks like i already missed the boat, was out all day with grand daughter

In and out in 20 pips , seems the stress free way

I get Mondays off, so I can trade more. Still holding small amounts of GC,

JPY pairs are getting into nice positions

Would not buy AUD until NZD rate then more volatility on Aussie employment. You put these together it becomes clear your focus should be on other pairs until
Data shows the path. Pivots Price Action Events PPE focus on these.
You are on right track J pairs I like CJ long

Just came back from a ride CB750 after changing oil ,air filter, new tires. Grinning all the way.Didn't record it but below similar ride

My broker Oanda (VIP status there)seriously lowered J pairs margin.Real happy about it.Can now load up real well

Oanda also increased the Bitcoin spread from $36 to $100. Not good for traders but good for OANDA.

I dont trade bitcoin but real happy about much lowered Yen margin now.Its good chance other brokers have done the same on bitcoin.Seems with Covid fears bitcoin became popular along with other digital coins

Waiting EU for 1750ish to cash out

I have started to load CJ, UJ, EJ and GJ before daily close

Wouldnt let me load trades on GJ at 21.55 gmt +1 , sorry for time reference

You are making classic mistake. Dont trade same currency on different pairs choose best one.What you are doing compounding risk.Should Yen continue to gain you will be in DD in 4pairs. Personally I like CJ best and CAD events this week look good.
Regards

good post

Ok, what i have done is split my risk 4 ways davit, rather than commit to a single pair as atm i usually pick the wrong one when only selecting just the one