My TP is not that far, I hope it will be hit by tomorrow.
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- #43,902
- Dec 6, 2023 4:57pm Dec 6, 2023 4:57pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
My TP is not that far, I hope it will be hit by tomorrow. {image}
you have your Buy Stop Loss in place,
therefore you are safe.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #43,904
- Dec 6, 2023 5:54pm Dec 6, 2023 5:54pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} Yeah the bear market still looks so strong and we haven"t seen an end sign but it looks like you are using daily PP not weekly. I think Davit recommends weekly PP not Daily?. My reasons for entry is weekly 78 and cross over on 30 mint chart.
I have the same Weekly Fibonacci Pivots as Davit's.
@zerg' post
https://www.forexfactory.com/thread/...80#post9131980
EU M30 Dec07 @S78
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #43,906
- Dec 9, 2023 3:32am Dec 9, 2023 3:32am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #43,907
- Dec 9, 2023 3:35am Dec 9, 2023 3:35am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} I have the same Weekly Fibonacci Pivots as Davit's. @zerg' post https://www.forexfactory.com/thread/...80#post9131980 EU M30 Dec07 @S78 {image} {image}
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EU New York Close Dec08 5PM
- price hit S100 and closed at S78
- next week we shall see the new Fibo Pivot levels based on this week' OHLC
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #43,908
- Dec 9, 2023 4:42am Dec 9, 2023 4:42am
{quote} EU New York Close Dec08 5PM - price hit S100 and closed at S78 - next week we shall see the new Fibo Pivot levels based on this week' OHLC {image} {image}
- #43,909
- Dec 9, 2023 2:40pm Dec 9, 2023 2:40pm
- Joined Jul 2011 | Status: Gold Again | 10,588 Posts
{quote} are you using TradingView? If you are using how come you have added the indicator there ?
Quite easy to find, good luck.
It takes a lot for me to IGNORE you, but you can try.
- #43,911
- Dec 10, 2023 12:23pm Dec 10, 2023 12:23pm
- Joined Jul 2011 | Status: Gold Again | 10,588 Posts
It takes a lot for me to IGNORE you, but you can try.
- #43,912
- Dec 10, 2023 3:47pm Dec 10, 2023 3:47pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} EU New York Close Dec08 5PM - price hit S100 and closed at S78 - next week we shall see the new Fibo Pivot levels based on this week' OHLC {image} {image}
EU Week50 Dec 11 to Dec 15
- new week new pivot levels
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #43,915
- Dec 11, 2023 1:32pm Dec 11, 2023 1:32pm
- Joined Jul 2011 | Status: Gold Again | 10,588 Posts
{quote} In TradingView, it only show R1, R2, R3 and S1, S2, S3 and it does not show major fib number as in Davit Indicator that's why I asking if we could add Davit Indicator there.
It takes a lot for me to IGNORE you, but you can try.
- #43,916
- Dec 11, 2023 7:09pm Dec 11, 2023 7:09pm
{quote} You must be using the wrong one because this goes to R200 and shows the price levels, what more do you want?
- #43,917
- Dec 11, 2023 10:52pm Dec 11, 2023 10:52pm
- Joined Jul 2011 | Status: Gold Again | 10,588 Posts
It takes a lot for me to IGNORE you, but you can try.
Sharing some results. I kept to my plan, USD trade plan worked quite well all around 90-100pips. On some USD pairs, I may have got in too early as we dont know when movements can take place. At times, price rallied, pulled all the way back to near my entry before rallying again.
One mistake I made was trading directly in front of CPI because it was sitting on top of my support line. I moved my stop to BE, however the price reversed and took me out. I still consider this a good trade technically, but in terms of risk, it was a mistake in my opinion.
Next on my plan is AUDJPY. Reasons for this trade are: Price support at daily mS3, Price at support weekly mS1, price at support monthly mS3, support defended at least 5 times. Someone wants to hold this level imo. I'll take a bite here and see how it goes TP around 97.3
AUDJPY 15M
One mistake I made was trading directly in front of CPI because it was sitting on top of my support line. I moved my stop to BE, however the price reversed and took me out. I still consider this a good trade technically, but in terms of risk, it was a mistake in my opinion.
Next on my plan is AUDJPY. Reasons for this trade are: Price support at daily mS3, Price at support weekly mS1, price at support monthly mS3, support defended at least 5 times. Someone wants to hold this level imo. I'll take a bite here and see how it goes TP around 97.3
AUDJPY 15M
