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Pivot Trading

  • #39,041
  • Aug 24, 2021 4:31am Aug 24, 2021 4:31am
Starting the day with nice gain
live account since 2012
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In trading, you have to be defensive and aggressive at the same time
  • #39,042
  • Aug 24, 2021 4:33am Aug 24, 2021 4:33am
AN long
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In trading, you have to be defensive and aggressive at the same time
  • #39,043
  • Aug 24, 2021 5:31am Aug 24, 2021 5:31am
Crude jumped from 62 to almost 67 and why CAD has been dominate since market open this week.
I do anticipate some profit taking and CAD taking few punches on the face.
In trading, you have to be defensive and aggressive at the same time
  • #39,044
  • Aug 24, 2021 8:21am Aug 24, 2021 8:21am
Quoting R61
Loading longs on AC!
Closed AC +267
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"In the end you only trade yourself."
  • #39,045
  • Aug 24, 2021 8:38am Aug 24, 2021 8:38am
Closed AC and AN
my daily goal of 1k has been achieved
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In trading, you have to be defensive and aggressive at the same time
  • #39,046
  • Aug 24, 2021 8:45am Aug 24, 2021 8:45am
Now we need both AC and AN to drop to reload trades AC target 92 AN 490
generally to me drop of 10pips where you closed is already good starting reload because you gained free 10pips
There are obviously hundreds of multiple ways to trade however I find staying with few pairs and keep collecting and reloading pays good dividends without much stress.
In trading, you have to be defensive and aggressive at the same time
  • #39,047
  • Aug 24, 2021 9:09am Aug 24, 2021 9:09am
Quoting R61
{quote} Closed AC +267 {image}
it's amazing how well the system works. i joined the group in january 2020 and have been learning something new every day since then. i can only recommend everyone to look back at the forum's past and record important things in an excel table. at the weekend i evaluated the calendar according to davit routine and i saw that the focus is on euro and powell on friday. euro events was forecast everywhere as being the same or worse on average. since the beginning of the week i actually saw euros fall. it's crazy
the highest point comes before the fall
  • #39,048
  • Edited 9:22am Aug 24, 2021 9:10am | Edited 9:22am
worth posting. Interesting observation.When I post my live actual dollar gains the haters losers accuse me of being demo trader because in reality making 5% even 20% daily is outside scope of their abilities hence only way they can feel good about themselves is discredit others who can actually trade.To me its worthless waste of time proving them otherwise because their opinions does not matter. Find also people posting such crap without facts evidence are generally loser traders because good trader knows logically accusation must be based on some fact that can be verified just like trades must have logical reasons so these guys are anything but logical.


Been reading on Stoicism good one below
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In trading, you have to be defensive and aggressive at the same time
  • #39,049
  • Aug 24, 2021 9:29am Aug 24, 2021 9:29am
pay attention to ADR both getting out of trades and entering trades
Example NU reaching 6964 and frankly I would not buy NU now.You missed that move already
When you missed it dont force wait for correction or other set ups. I never enter trades after 80% of the move achieved.As the saying goes dont be the guy holding the brown bag.
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In trading, you have to be defensive and aggressive at the same time
  • #39,050
  • Aug 24, 2021 10:15am Aug 24, 2021 10:15am
Quoting R61
{quote} I also took some considerable losses on EA EN. That move on EA EN during overnight (on my timezone) caught me on surprise, I don't have a fixed SL, so the losses passed my loss tolerance. In order to avoid be caught off guard again I am considering to lower my lot size and maybe partially hedge my positions during overnight, especially on non-commodity pairs, but is just a thought for now. Here is some of the valuable posts on this thread that...
Im reading the thread (March 2020, what a rollercoaster of emotions!) and wanted to add this post to that great list

- Fear of losing

PD: Im back on my feet from the EA trade from last week
- If you plant corn, you get corn
  • #39,051
  • Aug 24, 2021 4:23pm Aug 24, 2021 4:23pm
I am currently rebuilding my 10yr old Zoeller sump pump.One of the best still made in US. It was fun opening the motor which is inside cast iron housing filled with dialectic oil.Too bad we lost lot of these great companies to China...
After 10yrs of thousands of cycles the capacitor melted but I was pleasantly pleased how clean and nice everything else inside.Little rust outside since paint is epoxy.
Ordered new capacitor should work another 10yrs
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In trading, you have to be defensive and aggressive at the same time
  • #39,052
  • Aug 24, 2021 4:31pm Aug 24, 2021 4:31pm
I will re-enter on AN tonight

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  • #39,053
  • Aug 24, 2021 4:33pm Aug 24, 2021 4:33pm
Quoting Wags
I will re-enter on AN tonight {image}
good luck to you on challenge
In trading, you have to be defensive and aggressive at the same time
  • #39,054
  • Aug 24, 2021 4:37pm Aug 24, 2021 4:37pm
Quoting Davit
{quote} good luck to you on challenge

Thank you
  • #39,055
  • Aug 24, 2021 7:49pm Aug 24, 2021 7:49pm
XAU/USD (GOLD) nice rejection of R100 in a good zone of previous drop. Taking what asian session has to offer
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Avoid the crowd. Be chess player, not chess piece
  • #39,056
  • Aug 25, 2021 6:56am Aug 25, 2021 6:56am
Its been a while since i posted in pivot trading.

This month i had some losses and it left me frustrated. I tried multiple enteries and did not get quite succesful in it.


I have the tendency to add more postions early on when i try to copy others trade style of putting many positions . This made me more stressed as most of the time i eyeball the chart and i could add better enteries in better location.


maybe it is my mistake to be like others when trading pivots and force myself to do so when it could not suite me .

With that all said i have to say that fibo pivots is the only strategy that is well respected by market beside my own strategy.

I find that my strategy align many times with pivot trading giving both good enteries.


Have good green pips dear pivoters
  • #39,057
  • Aug 25, 2021 8:15am Aug 25, 2021 8:15am
Quoting Ahmed30
Its been a while since i posted in pivot trading. This month i had some losses and it left me frustrated. I tried multiple enteries and did not get quite succesful in it. I have the tendency to add more postions early on when i try to copy others trade style of putting many positions . This made me more stressed as most of the time i eyeball the chart and i could add better enteries in better location. maybe it is my mistake to be like others when trading pivots and force myself to do so when it could not suite me . With that all said i have to...
Its expected some time to get acquitted with new system and trying out minimum 3months before deciding if it does not suit you.You already mentioned your entries were not ideal and frustrated.Could be lot size too big and basically not knowing what you are doing.
Good luck whatever you try.
In trading, you have to be defensive and aggressive at the same time
  • #39,058
  • Aug 25, 2021 8:18am Aug 25, 2021 8:18am
Light news day and shows on the market volatility low.
10.30am crude and red here (less crude) good for CAD
Hoping AC NC drop lot lower to load up longs

Trades closed so far today.I dont expect big gains today but we'll see what market gives.Not gonna force trades I dont like!
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In trading, you have to be defensive and aggressive at the same time
  • #39,059
  • Aug 25, 2021 12:35pm Aug 25, 2021 12:35pm
Quoting acsandrei
XAU/USD (GOLD) nice rejection of R100 in a good zone of previous drop. Taking what asian session has to offer {image}
Along with Gold trade, today I bought USD/JPY with PA on WPP targeting WR38, pair reacted very good on WPP on london session, so I took it.
Any feedback about it? Thanks
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Avoid the crowd. Be chess player, not chess piece
  • #39,060
  • Aug 26, 2021 10:21am Aug 26, 2021 10:21am
AC Long
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the highest point comes before the fall
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