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Pivot Trading

  • #41,301
  • Jan 6, 2023 8:25am Jan 6, 2023 8:25am
Took a hit on GU happens but overall still nice positive day so far. Profits may increase got trades running.
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In trading, you have to be defensive and aggressive at the same time
  • #41,302
  • Jan 6, 2023 8:28am Jan 6, 2023 8:28am
Update that was quick
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In trading, you have to be defensive and aggressive at the same time
  • #41,303
  • Jan 6, 2023 8:31am Jan 6, 2023 8:31am
Got out a bit early i think on the GU :-D
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Pip Student
  • #41,304
  • Jan 6, 2023 8:32am Jan 6, 2023 8:32am
Quoting MuniFX
{quote} {quote} added one more trade @1.4340 (r78) (new average price is now 1.4233) above yearly open at 1.435x, I have 1.447x (q4 r3) and 1.478x (untested yearly pivot) as next sell levels ..
closed some eurcad shorts from 1.447x (q4 r3) level @ 1,424x.

q1 pivot is 1.4119
y2023 pivot is 1.4001 (optimal TP for all my still open short-trades)
Muni loves you all!
  • #41,305
  • Jan 6, 2023 8:40am Jan 6, 2023 8:40am
Really want UC to re-bounce to 3550'sh to short again
In trading, you have to be defensive and aggressive at the same time
  • #41,306
  • Edited 9:02am Jan 6, 2023 8:44am | Edited 9:02am
Got in UC reload at 3549
added more on top 3560
Closed UC shorts in Profit

Update profits today
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In trading, you have to be defensive and aggressive at the same time
  • #41,307
  • Jan 6, 2023 9:04am Jan 6, 2023 9:04am
Quoting Nod32
{image}
Please read 1st page respect thread rules.Your template has no place here.
In trading, you have to be defensive and aggressive at the same time
  • #41,308
  • Jan 6, 2023 9:13am Jan 6, 2023 9:13am
Quoting apples1978
Got out a bit early i think on the GU :-D {image} {image}
just a lil' bit
Muni loves you all!
  • #41,309
  • Jan 6, 2023 9:13am Jan 6, 2023 9:13am
GU finally decided to run for it. After I took the loss! happens
I think red ISM Services PMI triggered it
What's important day is stellar positive almost 1k profits.All that matters!
In trading, you have to be defensive and aggressive at the same time
  • #41,310
  • Jan 6, 2023 9:14am Jan 6, 2023 9:14am
daily result so far, a bit drawadown but always ready to bounce out of bad trades. it is very important to me to increase account size, you can trade same lot with same profit but smaller risk
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the highest point comes before the fall
  • #41,311
  • Jan 6, 2023 9:23am Jan 6, 2023 9:23am
Quoting MuniFX
{quote} just a lil' bit
looks even worse now :-D.

Fav trade for today
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Pip Student
  • #41,312
  • Jan 6, 2023 9:29am Jan 6, 2023 9:29am
EUR is fundamentally very weak, i think. I will short and hold it until next week.
Touching the last week range bottom.
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  • #41,313
  • Jan 6, 2023 9:38am Jan 6, 2023 9:38am
Hi all,

Just want to mention, Davit, Pivoter and others have been at this game for awhile. They post their great results to show you what can be done when you follow the rules (see page 1 and begin your study). I personally use Davit and his results as a goalpost and my own results as an indicator of progress. It is a marathon, not a sprint. We all take losses. My big goal this year to to limit losses and let the green pips take care of themselves. And to become a student of currency strength and weakness, pivots are the edge.
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  • #41,314
  • Jan 6, 2023 9:40am Jan 6, 2023 9:40am
Done for today need to sleep
I am pleased with today's gains and whole week its been outstanding
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In trading, you have to be defensive and aggressive at the same time
  • #41,315
  • Jan 6, 2023 9:49am Jan 6, 2023 9:49am
nice result for the week
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the highest point comes before the fall
  • #41,316
  • Jan 6, 2023 9:51am Jan 6, 2023 9:51am
Finished for the week. Certainly heading in the right direction thanks to Davit and Pivots. A true inspiration. Great to see so much activity on this thread and its great to a part of it.
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Successful trading is intrinsic to risk management and discipline
  • #41,317
  • Jan 6, 2023 9:52am Jan 6, 2023 9:52am
Quoting Pivoter
nice result for the week {image}
Impressive
Successful trading is intrinsic to risk management and discipline
  • #41,318
  • Jan 6, 2023 9:54am Jan 6, 2023 9:54am
Good job all .

Sorry if I ramble on sometimes green pips next week

R
Pip Student
  • #41,319
  • Jan 6, 2023 10:33am Jan 6, 2023 10:33am
Quoting Davit
Für heute fertig, ich muss schlafen. Ich bin zufrieden mit den heutigen Zuwächsen und die ganze Woche war hervorragend {image}
drink a nice beer or two, then you'll feel better the next day, nice pilsner from Germany, then the world will look good right away :-)
the highest point comes before the fall
  • #41,320
  • Jan 6, 2023 4:37pm Jan 6, 2023 4:37pm
Quoting Davit
Done for today need to sleep I am pleased with today's gains and whole week its been outstanding {image}
Hello, do you have any update of the indicators? I have downloaded all of them, but when activating the template only pipsometer_decimal_edit_2.mq4 and Magnified Market Price.ex4 are loaded, the rest do not appear on the screen but they are in the indicators section, if I drag them to the window they do not have the configuration set for you.
Another question, what broker do you recommend to read the entries for that strategy?
thans for you answer.
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