Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 14 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD(£)Daily.png Size: 15 KB
I'll be looking to buy gold next week. I like the location S/R and the PB on the daily chart. Nice bounce off the ADR low yesterday and S100
Is gold massively undervalued.
Successful trading is intrinsic to risk management and discipline
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY(£)Weekly.png Size: 16 KB
Could it be time to short UJ?
Successful trading is intrinsic to risk management and discipline
Quoting nittohanns
{image}Could it be time to short UJ?
Yes, could be the case, there is a probability.
But, until BoJ maintain an accommodative policy stance, it is unlikely that JPY appreciates in the short term.

Also, on the economic data releases next week, we don't have much action going until Weds and major data release on Friday.

I think you have much more chances to harvest some pips with AUD (see economic calendar why).
AU close this week on S100, AC bellow S100 and AJ bellow S61, we may have some good oportunities next week on these pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Do your calendar events, be prepared!
Green pips!
"In the end you only trade yourself."
I would still be careful with jpy pairs. I was short chf/jpy last week and almost lived to regret it, but thankfully a large drop saved my week. If I do get in again I would make sure I give it plenty of time and give good spacing between entries at least 50 to 100 pips.

I like the australian dollar on the basis China has to stimulate their economy and was in aud/cad tail end of last week but I was reading that covid has led to a new mask mandate so just something to consider.
Quoting Tiago_RS5
{quote} Yes, could be the case, there is a probability. But, until BoJ maintain an accommodative policy stance, it is unlikely that JPY appreciates in the short term. Also, on the economic data releases next week, we don't have much action going until Weds and major data release on Friday. I think you have much more chances to harvest some pips with AUD (see economic calendar why). AU close this week on S100, AC bellow S100 and AJ bellow S61, we may have some good oportunities next week on these pairs. {image}Do your calendar...
Yes I agree some interesting opportunities for AUD next week as priced quite low against most other currencies. I'll be watching AC closely as the RBA expected to raise rate to 1.35 on Tuesday.
Successful trading is intrinsic to risk management and discipline
absolutely crazy moves today. i am expecting correction by end of week. price is already where i want it to be. patience is key
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.PNG Size: 37 KB
i dont see any hope for eur going up. usd is too strong. eur could be going to 0.5 to the dollar.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM30.png Size: 23 KB
Nothing is impossible - IHS
Lets go up
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
the highest point comes before the fall
I hope davit will be there again soon, he is the boss of this forum , I hope he's doing well
the highest point comes before the fall
nice gold pips, I'm out
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
the highest point comes before the fall
Trade Day is over, im tired
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
the highest point comes before the fall
Start of Week

I don't often trade bitcoin because it's too dangerous for me. but i thought since bitcoin usd had fallen way down it might go up again. I was lucky there. But for Davit's pivot system, it is better to trade proven and reliable pairs, such as EG.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
the highest point comes before the fall
usd pairs are in the right spot. we have permits coming up. one of my fav. news indicator. not low volatility if you ask me.
Lets go
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
the highest point comes before the fall
Quoting Pivoter
Lets go {image}
Better stay out of any EUR pairs before the EUR event(s) today?
im in
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 56 KB
Hi all, I just wonder how u are managing trades when u open 5-10 trades at ones in one pair? Why not just open a single trade? How u measure the max daily/weekly loss?
For me I feel relaxing when trading with only one trade per pair at a time (expect if I think the price is really high, then i can open 2 trades may be) and max 6 loss trades per day, after that I quit, with 0.4% risk each
@vasal
as davit said in first post. up to you how to manage risk.

bad news for eur. lets go pips!
23 traders viewing now, 3 are members:
nittohanns
,
,
Rjaws