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Pivot Trading

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  • Post #42,721
  • Quote
  • Mar 23, 2023 3:43am Mar 23, 2023 3:43am
  •  ngotantinh96
  • | Joined Sep 2022 | Status: Member | 18 Posts
Quoting nittohanns
Disliked
{quote} Hi ngotantinh96, A combination of both, I usually look at the higher timeframes for S/R and pivots and then drop to the lower TF for the entry and PA. However, on the EA trade last night I jumped in and left overnight with a stop. Cheers
Ignored
Yah thanks a bunch for your explanation ^^
 
1
  • Post #42,722
  • Quote
  • Mar 23, 2023 9:15am Mar 23, 2023 9:15am
  •  kleybenny
  • Joined Apr 2014 | Status: I'm listening... | 463 Posts | Online Now
What a beautiful PA at R100 with GU...
the only place success comes before work is in the dictionary
Ben1 Return This Week: -3.3%
 
5
  • Post #42,723
  • Quote
  • Mar 23, 2023 9:31am Mar 23, 2023 9:31am
  •  StarChild10
  • | Joined Sep 2016 | Status: Member | 69 Posts
Eur/us and gbp/us at r100.. Short both
 
3
  • Post #42,724
  • Quote
  • Mar 23, 2023 10:21am Mar 23, 2023 10:21am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,373 Posts
Still short EC and EN
PA kind of dragging.I think after Friday PMI's may move lot more.Not much to do then wait go to gym walk paint
Honestly didnt expect EC to hit 49 thought 48 would do but I was clearly proven wrong by the market.
In trading, you have to be defensive and aggressive at the same time
 
6
  • Post #42,725
  • Quote
  • Mar 23, 2023 10:23am Mar 23, 2023 10:23am
  •  9money
  • | Joined Dec 2016 | Status: Member | 58 Posts
Quoting Davit
Disliked
Still short EC and EN PA kind of dragging.I think after Friday PMI's may move lot more.Not much to do then wait go to gym walk paint Honestly didnt expect EC to hit 49 thought 48 would do but I was clearly proven wrong by the market.
Ignored
What target sir?
 
 
  • Post #42,726
  • Quote
  • Mar 23, 2023 11:10am Mar 23, 2023 11:10am
  •  Rjaws
  • | Joined Apr 2018 | Status: Member | 73 Posts
Starting a position on GU...

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5
  • Post #42,727
  • Quote
  • Mar 23, 2023 11:49am Mar 23, 2023 11:49am
  •  n4r30s
  • | Joined May 2011 | Status: Member | 8 Posts
May I ask why nobody was interested in EURUSD this week, guys?
 
 
  • Post #42,728
  • Quote
  • Mar 23, 2023 12:18pm Mar 23, 2023 12:18pm
  •  kleybenny
  • Joined Apr 2014 | Status: I'm listening... | 463 Posts | Online Now
Quoting n4r30s
Disliked
May I ask why nobody was interested in EURUSD this week, guys?
Ignored
I am still interested 😀, but since I have open EC positions and Euro seems to be very strong at the moment, I don't want to double the risk with more EUR positions. So I for myself better watching GU too spread the risk better...
the only place success comes before work is in the dictionary
Ben1 Return This Week: -3.3%
 
3
  • Post #42,729
  • Quote
  • Mar 23, 2023 1:36pm Mar 23, 2023 1:36pm
  •  Rjaws
  • | Joined Apr 2018 | Status: Member | 73 Posts
GU Trade starting to kick in!

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3
  • Post #42,730
  • Quote
  • Mar 23, 2023 5:17pm Mar 23, 2023 5:17pm
  •  nittohanns
  • Joined Mar 2019 | Status: Member | 340 Posts
Long AN
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Successful trading is intrinsic to risk management and discipline
 
5
  • Post #42,731
  • Quote
  • Mar 24, 2023 1:49am Mar 24, 2023 1:49am
  •  sasha1
  • | Joined Jul 2018 | Status: Member | 52 Posts
My broker has such candles
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  • Post #42,732
  • Quote
  • Mar 24, 2023 6:39am Mar 24, 2023 6:39am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,373 Posts
Closed both EC EN

Shorting UC and Long CJ
3770'sh and 9430-40
In trading, you have to be defensive and aggressive at the same time
 
4
  • Post #42,733
  • Quote
  • Mar 24, 2023 6:43am Mar 24, 2023 6:43am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,373 Posts
Quoting n4r30s
Disliked
May I ask why nobody was interested in EURUSD this week, guys?
Ignored
was trading 2 Euro pairs that's enough!
Risk increases exponentially more you trade same base currency
In trading, you have to be defensive and aggressive at the same time
 
3
  • Post #42,734
  • Quote
  • Mar 24, 2023 6:51am Mar 24, 2023 6:51am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,373 Posts
Closed CJ
Reloaded EN 7294

Feds actively trying to slow down the economy to lower inflation by raising rates however US and Global economy is frigile now and I think Feds will pause maybe rest of the year.Raising rates has obvious slowing down effect by reducing buying houses cars etc and that in turn creates more unemployment.Its ironic that Feds activily trying to create a recession and may succeed.Biden presidency is one of the worst in history of US presidents.Proxy war agaist Russia and gearing up confration with China! Who could of guessed liberal president more warmongering then even Trump was.
UC should come down 33 or lower. This is my big picture view
In trading, you have to be defensive and aggressive at the same time
 
5
  • Post #42,735
  • Quote
  • Mar 24, 2023 8:50am Mar 24, 2023 8:50am
  •  John Chipsa
  • Joined Apr 2013 | Status: JCH | 345 Posts | Online Now
Quick and nice shop.
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It's not a dream. Chipsa is real!
 
5
  • Post #42,736
  • Quote
  • Mar 24, 2023 8:53am Mar 24, 2023 8:53am
  •  John Chipsa
  • Joined Apr 2013 | Status: JCH | 345 Posts | Online Now
This week has been busy with news. It's been a nice and green week.

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Have a good weekend, everyone.

It's not a dream. Chipsa is real!
 
9
  • Post #42,737
  • Quote
  • Mar 24, 2023 9:00am Mar 24, 2023 9:00am
  •  rupasi
  • Joined Nov 2009 | Status: Member | 270 Posts
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Caught a few here. 94 green on EU. Davit, your exits on EC and EN were pristine. I missed that exit, sleeping, but got out of EC with 280. Still holding EN for now. Too overexposed on euro though this week.

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7
  • Post #42,738
  • Quote
  • Mar 24, 2023 12:35pm Mar 24, 2023 12:35pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,373 Posts
trades closed today so far
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In trading, you have to be defensive and aggressive at the same time
 
9
  • Post #42,739
  • Quote
  • Mar 24, 2023 12:37pm Mar 24, 2023 12:37pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,373 Posts
Quoting John Chipsa
Disliked
This week has been busy with news. It's been a nice and green week. {image} Have a good weekend, everyone.
Ignored
doing great job
keep it up
In trading, you have to be defensive and aggressive at the same time
 
3
  • Post #42,740
  • Quote
  • Mar 24, 2023 12:40pm Mar 24, 2023 12:40pm
  •  nittohanns
  • Joined Mar 2019 | Status: Member | 340 Posts
That's me for the week. Very pleased!
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Successful trading is intrinsic to risk management and discipline
 
13
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