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Pivot Trading

  • #39,581
  • Edited 2:17pm Sep 30, 2021 1:08pm | Edited 2:17pm
Quoting fxsport
{quote} Hey Wags, I'm wondering about trading two pairs with USD. Wouldn't it be better to just take the money from EU and double the UJ (or vice versa) rather than have two (2) trades with USD in them? Just curious. Personally I'm long EU and waiting...
The reason i do it like this at the moment is i have found myself in trades going nowhere only to see other trades i liked move into a nice profit without entering as it is with my EU and UJ trades today

Both of these are extremely stretched as well, probably the most out of all the pivot pairs to be traded

So basically i do it because some trades take longer to reach the destination than others
  • #39,582
  • Edited 1:49pm Sep 30, 2021 1:16pm | Edited 1:49pm
dzimidula you big idiot , started to ignore me and definitely don't know why ...

the boy has no idea about anything, but feels like a great thread starter
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the highest point comes before the fall
  • #39,583
  • Sep 30, 2021 1:24pm Sep 30, 2021 1:24pm
Davit do you think RBNZ is gonna go through the rate hike next week despite the lockdown?
Hard Work, Dedication and Faith
  • #39,584
  • Sep 30, 2021 2:21pm Sep 30, 2021 2:21pm
EU starting to get going loaded a couple more earlier

Mind is clear and focused

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  • #39,585
  • Sep 30, 2021 2:31pm Sep 30, 2021 2:31pm
Quoting Wags
EU kommt in Schwung, ein paar früher geladen Der Geist ist klar und fokussiert {image}
I'm also long in EU. dollar could correct further
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the highest point comes before the fall
  • #39,586
  • Edited 3:05pm Sep 30, 2021 2:41pm | Edited 3:05pm
Got a bit of a cold atm so having a few of these , best remedy

let me say something about this, 2 months ago my family all had covid, we moved my eldest daughter and our grandkids into our house as my eldest tested positive and with a newborn baby she was so ill she could not look after the children in her own home so as my youngest daughter who still lives at home (pain in the ass joke) also tested positive at the same time this was the only option for us

Anyway it was a nightmare everyone was testing positive and really not well for two weeks, when my wife came down with covid her first symptom was that she said her throat felt like it was being glued together

The day after she had symptoms I started to feel the glue feeling on my throat as well, then I remembered an elderly friend of mine said that it starts in your throat and if you can wash this into your stomach from the very start your stomach acid will kill the virus, so everytime I had the glue feeling comeback to my throat I sipped whiskey and let it rest on my throat and it instantly removed the glue feeling, I did this for 36 hours and then it never came back

i was the only one in the family who did not get covid(officially) or test positive and was not unwell

so this little virus I got now is having the whiskey treatment once again


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Cheers Pivoters stay safe and well
  • #39,587
  • Sep 30, 2021 2:48pm Sep 30, 2021 2:48pm
Quoting Pivoter
{quote} I'm also long in EU. dollar could correct further {image}

Not a lot t stop US30 dropping if it goes mate, but could be strong support at the top of that large candle, already bounced once but only made a LH so lets hope it breaks
  • #39,588
  • Sep 30, 2021 2:50pm Sep 30, 2021 2:50pm
Quoting Wags
Got a bit of a cold atm so having a few of these , best remedy let me say something about this, 2 months ago my family all had covid, we moved my eldest daughter and our grandkids into our house as my eldest tested positive and with a newborn baby she was so ill she could not look after the children in her own home so as my youngest daughter who still lives at home (pain in the ass joke) also tested positive at the same time this was the only option for us Anyway it was a nightmare everyone was testing positive and really not well for two weeks,...
wags, this is exactly the right medicine for such cases.
Drink whiskey every now and then until your head smokes, and the next day like newborn again, everything cleared again
the highest point comes before the fall
  • #39,589
  • Sep 30, 2021 2:53pm Sep 30, 2021 2:53pm
Quoting Pivoter
{quote} wags, this is exactly the right medicine for such cases. Drink whiskey every now and then until your head smokes, and the next day like newborn again, everything cleared again

Exactly, i used to boil up some oranges, lemons and add some honey but i go straight for the kill now , neat
  • #39,590
  • Sep 30, 2021 3:37pm Sep 30, 2021 3:37pm
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We obey the structure that results from the market's reaction
  • #39,591
  • Sep 30, 2021 4:02pm Sep 30, 2021 4:02pm
Quoting Egbert
{image}
I am staying in this one, nice trade
  • #39,592
  • Sep 30, 2021 4:21pm Sep 30, 2021 4:21pm
Quoting Pivoter
{quote} wags, this is exactly the right medicine for such cases. Drink whiskey every now and then until your head smokes, and the next day like newborn again, everything cleared again
Im in if you wanna start a whisky thread
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i need a new bottle
- If you plant corn, you get corn
  • #39,593
  • Sep 30, 2021 4:43pm Sep 30, 2021 4:43pm
Quoting Mastropiero
{quote} Im in if you wanna start a whisky thread {image}i need a new bottle
You still got a bit in there , dont waste it lol
  • #39,594
  • Sep 30, 2021 8:20pm Sep 30, 2021 8:20pm
My UJ trade
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Jakepuia
  • #39,595
  • Sep 30, 2021 10:36pm Sep 30, 2021 10:36pm
Quoting KonohaFx
Davit do you think RBNZ is gonna go through the rate hike next week despite the lockdown?
No I think we are year away from rate increases in general for most economies.
In trading, you have to be defensive and aggressive at the same time
  • #39,596
  • Sep 30, 2021 10:37pm Sep 30, 2021 10:37pm
Quoting Jakepuia
My UJ trade {image}
Finally the walnut cracked!
In trading, you have to be defensive and aggressive at the same time
  • #39,597
  • Sep 30, 2021 10:40pm Sep 30, 2021 10:40pm
I think love affair with CAD is coming to an end starting from tomorrow After GDP then we got OPEC meeting next week and I am sure output will increase.
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In trading, you have to be defensive and aggressive at the same time
  • #39,598
  • Sep 30, 2021 11:39pm Sep 30, 2021 11:39pm
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the highest point comes before the fall
  • #39,599
  • Sep 30, 2021 11:53pm Sep 30, 2021 11:53pm
Quoting Davit
I think love affair with CAD is coming to an end starting from tomorrow After GDP then we got OPEC meeting next week and I am sure output will increase. {image}
Sure you are aware but in case not good to keep an eye on and prob mostly affects Coal and NatGas pricing. Did cause the spike in crude yesterday.

https://www.zerohedge.com/commoditie...sts-oil-surges
  • #39,600
  • Oct 1, 2021 12:28am Oct 1, 2021 12:28am
Quoting squawk
{quote} Sure you are aware but in case not good to keep an eye on and prob mostly affects Coal and NatGas pricing. Did cause the spike in crude yesterday. https://www.zerohedge.com/commoditie...sts-oil-surges
Hi buddy yes I was aware but Crude will decline soon after OPEC
This is just market manipulation.There is shit load of oil few years they could not even find places to store.
Focus to me selling CAD and I am selling.
In trading, you have to be defensive and aggressive at the same time
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