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Pivot Trading

  • #43,321
  • May 11, 2023 9:27am May 11, 2023 9:27am
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As always, working on best exits. No harm in taking a little green though.
  • #43,322
  • May 11, 2023 9:30am May 11, 2023 9:30am
Quoting rupasi
{image} {image} As always, working on best exits. No harm in taking a little green though.
Excellent job!
In trading, you have to be defensive and aggressive at the same time
  • #43,323
  • May 11, 2023 9:32am May 11, 2023 9:32am
Quoting Davit
{quote} Excellent job!
Thanks Brother
  • #43,324
  • May 11, 2023 9:32am May 11, 2023 9:32am
I just took this trade after the news, but price went down unexpectedly However, since the system tells me that price will take some breath, I am still in these trade And yes, 78 level is still under there... nothing to worry about.
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Jakepuia
  • #43,325
  • May 11, 2023 9:50am May 11, 2023 9:50am
Quoting Davit
Kashkari must be living in a bubble. Houses ,cars consumer big ticket items down and this clown is saying he sees no evidence of consumer spending decline. Right now most US car dealers are stacked with cars and nobody is buying.Same story in housing and Feds keep dancing with rate hike I guess they are taking their cues from Biden who basically opened US borders flooding the country with illegals! Lets pay their health insurance as well! Cant stand liberal tyranny! Powell is a joke ! If you want the country to become like California...
You left out the $800 billion they will be giving to 2.5 million people for reparations. Talk about buying votes.
Yes, let's make the entire country like California.
The sad thing is, idiots will still vote for these idiots, usually based on one thing......and they forget about all of the other policies which will absolutely destroy this country.
It is right in front of our faces.......mandated vaccines, all electric, gun control (when they don't even enforce the existing laws),open borders now they're trying to push CBDC, people are so ignorant to realize the government is going to control literally EVERYTHING you do, every move you make, every dollar you spend.
This country is an absolute disaster.
  • #43,326
  • May 11, 2023 10:02am May 11, 2023 10:02am
Quoting Davit
{quote} You want to see their achievements? Look no further!https://www.youtube.com/watch?v=LEuoSmW4DRw They liberals destroyed this beautiful state where I got my high school diploma and collage degree.Its bad very bad and worst part same liberals migrate neighbor states and destroy it as well like Oregon! Portland is like third world city now
Thanks god, we have DeSantis in Florida!
  • #43,327
  • May 11, 2023 10:07am May 11, 2023 10:07am
Got out of EG too early
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In trading, you have to be defensive and aggressive at the same time
  • #43,328
  • May 11, 2023 10:09am May 11, 2023 10:09am
Quoting pipmaster77
{quote} You left out the $800 billion they will be giving to 2.5 million people for reparations. Talk about buying votes. Yes, let's make the entire country like California. The sad thing is, idiots will still vote for these idiots, usually based on one thing......and they forget about all of the other policies which will absolutely destroy this country. It is right in front of our faces.......mandated vaccines, all electric, gun control (when they don't even enforce the existing laws),open borders now they're trying to push CBDC, people are so...
He pissed me off when he said he sees no evidence of consumer decline. Feds should start cutting rates before this economy tanks
In trading, you have to be defensive and aggressive at the same time
  • #43,329
  • May 11, 2023 10:17am May 11, 2023 10:17am
Quoting malejandrosf
{quote} Thanks god, we have DeSantis in Florida!
YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSSSSS!!!!!!!! I live here as well. Best run state in the country.
  • #43,330
  • May 11, 2023 10:33am May 11, 2023 10:33am
Quoting pipmaster77
{quote} You left out the $800 billion they will be giving to 2.5 million people for reparations. Talk about buying votes. Yes, let's make the entire country like California. The sad thing is, idiots will still vote for these idiots, usually based on one thing......and they forget about all of the other policies which will absolutely destroy this country. It is right in front of our faces.......mandated vaccines, all electric, gun control (when they don't even enforce the existing laws),open borders now they're trying to push CBDC, people are so...
It's NOT the country - it's the idiots that are ruining it. Why? Because regular ordinary American citizens allow them to get away with these things.

California - well it's a lost cause. The entire reparations issue is a red herring and it will NEVER go anywhere. The people who support reparations need to be put on a slow boat to China and best to use that boat for Navy practice . People who actually believe that the US Government will pay them are delusional.

Mandated vaccines: NOTHING is mandated - we have rights don't cave in
The electric cars: Let the market decide - STOP tax credit for EV's and let's see how many get sold
Gun control - just keep them safe, locked up, oiled and ready to use

The issue that worries me, because I can't ignore it, is the banking issue of tracking our cash and $500 transactions.

While you and I would agree on many things I look at the state of affairs in the USA like this - we get the government that we deserve. I just try to be as self-sufficient as I can.
  • #43,331
  • May 11, 2023 10:34am May 11, 2023 10:34am
Quoting pipmaster77
{quote} YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSSSSS!!!!!!!! I live here as well. Best run state in the country.
I live in FL as well, maybe that's why I'm not as pessimistic because frankly Florida (in my area - Central) is booming - I don't see any evidence of recession on the horizon here.
  • #43,332
  • May 11, 2023 11:17am May 11, 2023 11:17am
The power of stop loss.
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buying tops / selling bottoms
  • #43,333
  • May 11, 2023 11:48am May 11, 2023 11:48am
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Too bad I missed the GBP rates, but I was driving...
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It's not a dream. Chipsa is real!
  • #43,334
  • Edited 12:15pm May 11, 2023 11:56am | Edited 12:15pm
Quoting Davit
Kashkari muss in einer Blase leben. Bei Häusern und Autos sind die großen Verbraucherpreise zurückgegangen, und dieser Clown sagt, er sehe keine Anzeichen für einen Rückgang der Verbraucherausgaben. Im Moment stapeln sich die meisten US-Autohändler mit Autos und niemand kauft. Das Gleiche gilt für den Wohnungsbau und die Feds tanzen weiter mit Zinserhöhungen. Ich schätze, sie orientieren sich an Biden, der im Grunde genommen die US-Grenzen öffnete und das Land mit Illegalen überschwemmte! Bezahlen wir auch ihre Krankenversicherung!...
the whole world is getting crazier... you haven't seen germany and robert habeck yet, that tops the whole thing, that's the biggest clown in the whole world, he's destroying the german economy, and he takes away money from all citizens, green party ideology is what they call it, shuts down nuclear power plants and prefers to buy expensive electricity from france, i could go on writing for two more hours
the highest point comes before the fall
  • #43,335
  • Edited 12:17pm May 11, 2023 12:04pm | Edited 12:17pm
Nice results for today:

S-NU
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S-XAU
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B-EA
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Happy Green Pips GTG to Bed now..
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #43,336
  • May 11, 2023 12:41pm May 11, 2023 12:41pm
Closed EU
Great day so far

If you didn't make money today or yesterday trading pivots you either had no balls to place trades or were not looking.System provides great set ups!

EG EC EA EN all bounced up nicely
GU EU AU NU dived down beautifully.Cant complain about opportunities!
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In trading, you have to be defensive and aggressive at the same time
  • #43,337
  • May 11, 2023 1:48pm May 11, 2023 1:48pm
Quoting Davit
Closed EU Great day so far If you didn't make money today or yesterday trading pivots you either had no balls to place trades or were not looking.System provides great set ups! EG EC EA EN all bounced up nicely GU EU AU NU dived down beautifully.Cant complain about opportunities! {image}
Looking back on it now, I don't know why I didn't take more of it...GBP was known to go up...
This week I did sports, it was beautiful, bike, long walks etc..and the forex was over :-D
It's not a dream. Chipsa is real!
  • #43,338
  • May 11, 2023 3:34pm May 11, 2023 3:34pm
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Successful trading is intrinsic to risk management and discipline
  • #43,339
  • May 11, 2023 3:35pm May 11, 2023 3:35pm
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Successful trading is intrinsic to risk management and discipline
  • #43,340
  • May 11, 2023 3:58pm May 11, 2023 3:58pm
Quoting nittohanns
{image}
NAS is also at some good res, former support on the Weekly. Tested last back in July 2022. The indices to me are like the xxx/JPY pairs, I really don't like shorting them.
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