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Pivot Trading

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  • Post #41,301
  • Quote
  • Jan 6, 2023 9:25am Jan 6, 2023 9:25am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,199 Posts
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
 
5
  • Post #41,302
  • Quote
  • Jan 6, 2023 9:28am Jan 6, 2023 9:28am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,199 Posts
Update that was quick
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In trading, you have to be defensive and aggressive at the same time
 
5
  • Post #41,303
  • Quote
  • Jan 6, 2023 9:31am Jan 6, 2023 9:31am
  •  apples1978
  • Joined Jun 2021 | Status: Member | 361 Posts
Got out a bit early i think on the GU :-D
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Pip Student
 
 
  • Post #41,304
  • Quote
  • Jan 6, 2023 9:32am Jan 6, 2023 9:32am
  •  MuniFX
  • Joined Mar 2015 | Status: I am happy! | 147 Posts | Online Now
Quoting MuniFX
Disliked
{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 ..
Ignored
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!
 
1
  • Post #41,305
  • Quote
  • Jan 6, 2023 9:40am Jan 6, 2023 9:40am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,199 Posts
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
 
 
  • Post #41,306
  • Quote
  • Edited 10:02am Jan 6, 2023 9:44am | Edited 10:02am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,199 Posts
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
 
8
  • Post #41,307
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  • Jan 6, 2023 10:04am Jan 6, 2023 10:04am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,199 Posts
Quoting Nod32
Disliked
{image}
Ignored
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
 
3
  • Post #41,308
  • Quote
  • Jan 6, 2023 10:13am Jan 6, 2023 10:13am
  •  MuniFX
  • Joined Mar 2015 | Status: I am happy! | 147 Posts | Online Now
Quoting apples1978
Disliked
Got out a bit early i think on the GU :-D {image} {image}
Ignored
just a lil' bit
Muni loves you all!
 
 
  • Post #41,309
  • Quote
  • Jan 6, 2023 10:13am Jan 6, 2023 10:13am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,199 Posts
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
 
5
  • Post #41,310
  • Quote
  • Jan 6, 2023 10:14am Jan 6, 2023 10:14am
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 460 Posts | Online Now
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
 
3
  • Post #41,311
  • Quote
  • Jan 6, 2023 10:23am Jan 6, 2023 10:23am
  •  apples1978
  • Joined Jun 2021 | Status: Member | 361 Posts
Quoting MuniFX
Disliked
{quote} just a lil' bit
Ignored
looks even worse now :-D.

Fav trade for today
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Pip Student
 
 
  • Post #41,312
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  • Jan 6, 2023 10:29am Jan 6, 2023 10:29am
  •  smd101
  • | Joined Apr 2020 | Status: Member | 103 Posts
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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  • Post #41,313
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  • Jan 6, 2023 10:38am Jan 6, 2023 10:38am
  •  rupasi
  • Joined Nov 2009 | Status: Member | 245 Posts | Online Now
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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  • Post #41,314
  • Quote
  • Jan 6, 2023 10:40am Jan 6, 2023 10:40am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,199 Posts
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
 
9
  • Post #41,315
  • Quote
  • Jan 6, 2023 10:49am Jan 6, 2023 10:49am
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 460 Posts | Online Now
nice result for the week
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the highest point comes before the fall
 
7
  • Post #41,316
  • Quote
  • Jan 6, 2023 10:51am Jan 6, 2023 10:51am
  •  nittohanns
  • Joined Mar 2019 | Status: Member | 253 Posts
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
 
6
  • Post #41,317
  • Quote
  • Jan 6, 2023 10:52am Jan 6, 2023 10:52am
  •  nittohanns
  • Joined Mar 2019 | Status: Member | 253 Posts
Quoting Pivoter
Disliked
nice result for the week {image}
Ignored
Impressive
Successful trading is intrinsic to risk management and discipline
 
 
  • Post #41,318
  • Quote
  • Jan 6, 2023 10:54am Jan 6, 2023 10:54am
  •  apples1978
  • Joined Jun 2021 | Status: Member | 361 Posts
Good job all .

Sorry if I ramble on sometimes green pips next week

R
Pip Student
 
 
  • Post #41,319
  • Quote
  • Jan 6, 2023 11:33am Jan 6, 2023 11:33am
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 460 Posts | Online Now
Quoting Davit
Disliked
Für heute fertig, ich muss schlafen. Ich bin zufrieden mit den heutigen Zuwächsen und die ganze Woche war hervorragend {image}
Ignored
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
 
1
  • Post #41,320
  • Quote
  • Jan 6, 2023 5:37pm Jan 6, 2023 5:37pm
  •  chinchano
  • | Joined Jan 2015 | Status: Member | 223 Posts
Quoting Davit
Disliked
Done for today need to sleep I am pleased with today's gains and whole week its been outstanding {image}
Ignored
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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