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Pivot Trading

  • #41,981
  • Feb 8, 2023 8:11am Feb 8, 2023 8:11am
Quoting Davit
Closed GC as loss. Rather cut my red here then risk plunging it down again.Less concern about EG since Euro is hopelessly weak.Will hold this. {image}
I left it running from yesterday, building gradually, but I've already concluded.
Attached Image (click to enlarge)
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It's not a dream. Chipsa is real!
  • #41,982
  • Feb 8, 2023 8:14am Feb 8, 2023 8:14am
Closed some CJ
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In trading, you have to be defensive and aggressive at the same time
  • #41,983
  • Feb 8, 2023 9:14am Feb 8, 2023 9:14am
Quoting erlas7
GC. Suport at S38 few times price reacted previously. Tomorrow GBP red news {image}
Closed with small profit +20
  • #41,984
  • Feb 8, 2023 10:21am Feb 8, 2023 10:21am
Who is ready to sell GA ?
  • #41,985
  • Feb 8, 2023 10:34am Feb 8, 2023 10:34am
One to watch if reaches R38 passing ADR - UC
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Successful trading is intrinsic to risk management and discipline
  • #41,986
  • Feb 8, 2023 10:37am Feb 8, 2023 10:37am
Quoting smd101
Who is ready to sell GA ?
I'm watching it and also with the UC...
  • #41,987
  • Feb 8, 2023 10:40am Feb 8, 2023 10:40am
Quoting smd101
Who is ready to sell GA ?
I don't, but I see it similar on UC ( gives nittohanns )
It's not a dream. Chipsa is real!
  • #41,988
  • Feb 8, 2023 10:43am Feb 8, 2023 10:43am
Quoting nittohanns
One to watch if reaches R38 passing ADR - UC {image}
I'm watching too, looks good, resistance is strong there and other factors
It's not a dream. Chipsa is real!
  • #41,989
  • Feb 8, 2023 10:46am Feb 8, 2023 10:46am
Quoting smd101
Who is ready to sell GA ?
I just closed a buy at WPP, so technically I just sold it. Do not have an active position currently.
  • #41,990
  • Feb 8, 2023 10:53am Feb 8, 2023 10:53am
Quoting pipmaster77
{quote} I just closed a buy at WPP, so technically I just sold it. Do not have an active position currently.
so then technically I just bought your position then.
  • #41,991
  • Feb 8, 2023 10:58am Feb 8, 2023 10:58am
Have some UC open
Pip Student
  • #41,992
  • Feb 8, 2023 10:59am Feb 8, 2023 10:59am
Quoting pipmaster77
{quote} I just closed a buy at WPP, so technically I just sold it. Do not have an active position currently.
My view is a possible return to the red line and a subsequent climb to the next resistance, where a correction may occur and go up again...
What do you think?
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It's not a dream. Chipsa is real!
  • #41,993
  • Feb 8, 2023 11:00am Feb 8, 2023 11:00am
Quoting smd101
{quote} so then technically I just bought your position then.
  • #41,994
  • Feb 8, 2023 11:03am Feb 8, 2023 11:03am
Quoting apples1978
Have some UC open
I wait..
It's not a dream. Chipsa is real!
  • #41,995
  • Feb 8, 2023 11:12am Feb 8, 2023 11:12am
Quoting John Chipsa
{quote} My view is a possible return to the red line and a subsequent climb to the next resistance, where a correction may occur and go up again... What do you think? {image}
I will not buy again until back to S38, risk to reward would not be there at the red line (for me, anyway)
  • #41,996
  • Feb 8, 2023 11:21am Feb 8, 2023 11:21am
Quoting pipmaster77
{quote} I will not buy again until back to S38, risk to reward would not be there at the red line (for me, anyway)
I'm not doing it either... there are other opportunities
It's not a dream. Chipsa is real!
  • #41,997
  • Feb 8, 2023 11:48am Feb 8, 2023 11:48am
Making me angery, entered 1 lot and exit early as it was not moving.
Not going down fast.

Now look at it.....!
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  • #41,998
  • Feb 8, 2023 11:48am Feb 8, 2023 11:48am
Closed AN with some green pips.
Maybe I jump out too early, but feeling safe afterwards.
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  • #41,999
  • Feb 8, 2023 11:52am Feb 8, 2023 11:52am
Quoting pipmaster77
{quote} I will not buy again until back to S38, risk to reward would not be there at the red line (for me, anyway)
yes, you are right. Was just a gut feeling, but the rules of engagement are not fulfilling, so come out of it.
  • #42,000
  • Feb 8, 2023 12:01pm Feb 8, 2023 12:01pm
Quoting smd101
Making me angery, entered 1 lot and exit early as it was not moving. Not going down fast. Now look at it.....! {image}
I'm in :-)
It's not a dream. Chipsa is real!
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