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Davit's Confluence Trading

  • #2,121
  • Nov 15, 2015 9:10am Nov 15, 2015 9:10am
Quoting squawk
{quote} Interesting to see what Crude does next week at this level. CAD could be looking good. {image}
Unexpected drop in Oil on Friday caught me off gourd.I anticipated further gain on CAD but did not materialize.I am seating on decent DD on my trades.May end up having losing month.Happens.My average gain last 4 months exceeded even my own expectation hence having 1 red month is ok.Fundamentals kind of fked me.Very green job report caught even the market by surprise.
Even though we know those numbers are BS numbers.Real job gain was in Senior age group part time and younger people actually lost jobs.
If Feds want to raise IR based on this shaky numbers then let them do it but may do more harm to economy should oil drop below 40 and dollar gain further.
Anyway with France events we may see even more USD gain
regards
In trading, you have to be defensive and aggressive at the same time
  • #2,122
  • Nov 15, 2015 9:14am Nov 15, 2015 9:14am
Quoting Pipsninja
Due to unfortunate events in France, I am bracing myself for the possibility of maximum pain with my ongoing trades.
Seating on decent DD now.May end up having losing month.Its ok I always look at bigger picture.
I except that at times market does what it does and I have to dust off and start again.Point stressed repeatedly by late Mark Douglas.
Everything is probability.
regards
In trading, you have to be defensive and aggressive at the same time
  • #2,123
  • Edited Nov 16, 2015 3:47am Nov 15, 2015 9:18am | Edited Nov 16, 2015 3:47am
Quoting Davit
{quote} Seating on decent DD now.May end up having losing month.Its ok I always look at bigger picture. I except that at times market does what it does and I have to dust off and start again.Point stressed repeatedly by late Mark Douglas. Everything is probability. regards
I am on the same boat as you and your statement is very true. I take responsibility for my own trading and have learned a ton from you. It seems that during such events even though a few, the Market after an initial drop, rallies. Who knows what the Market open will bring? I certainly don't.
Trading can't be taught but it can be learned
  • #2,124
  • Nov 15, 2015 9:20am Nov 15, 2015 9:20am
I gained almost 200% in 4 months of trading.Here is my account stats.1red month is ok.Still time left for Nov but not looking good for USD bears.
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In trading, you have to be defensive and aggressive at the same time
  • #2,125
  • Nov 15, 2015 9:24am Nov 15, 2015 9:24am
Quoting Pipsninja
{quote} I am on the same boat as you and your statement is very true. I take responsibility for my own trading and have learned a ton from you. . It seems that during such events, even though a few. The Market after an initial drop, rallies. Who knows what the Market open will bring?
My error was touching USD pairs.Should of traded crosses avoiding the whole USD shit until dust settled.
Once I get out USD shorts my focus will be on crosses until Feds do what they do.
Intersecting that UJ closed lower on Friday.There is green light here.
Regards bro
In trading, you have to be defensive and aggressive at the same time
  • #2,126
  • Nov 15, 2015 9:29am Nov 15, 2015 9:29am
Quoting Davit
I gained almost 200% in 4 months of trading.Here is my account stats.1red month is ok.Still time left for Nov but not looking good for USD bears. {image}
Superb trading buddy. Due to all the crazy things going on in this world today and the possibility of it getting worst in the future, I am considering going flat into the weekend from now on. Risk aversion tactic.
Trading can't be taught but it can be learned
  • #2,127
  • Nov 15, 2015 9:38am Nov 15, 2015 9:38am
Quoting sakisf
Nice to see you back on your orig. thread and also to see you use TDI. I used it too in the past (Eelfranz's original method with cross & Synergy candles) but quit it due to lack of patience Still using your previous method, 34 wave of Raghee (no rsi though) but mostly scalping 30s/1m/30m tf's. Would peek here for setups with your new system and will load it too (just in case I can get find the patience for long term setups).
Hi my Greek friend!
My philosophy in trading is do more what works for you.Reason I trade longer TF because I have full time job kids errands etc and can't seat in front of PC 8hrs a day.That's the simple truth.Benefits for me is that frees up my time spent trading.
I build positions and at times most often requires more time then 30min.
Wish you the best

Quoting Pipsninja
{quote} Superb trading buddy. Due to all the crazy things going on in this world today and the possibility of it getting worst in the future, I am considering going flat into the weekend from now on. Risk aversion tactic.
Thanks buddy you are really cool guy.Enjoy reading your posts.
In trading, you have to be defensive and aggressive at the same time
  • #2,128
  • Nov 15, 2015 10:55am Nov 15, 2015 10:55am
Davit mate .i respect your decision .i i saw your post in LK thread .Do what you like and feel comfort.we cant happy every body...it is quit impossible except..GOD.i and like me all fff want learn lot from you.so keep posting..my one more request don't ever ...never so i want see you any thread you like to share anything...sharing is caring .i want to attach my post to boost up...all hope you won't mind
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Say something meaningful or Silence!!
  • #2,129
  • Nov 16, 2015 1:57am Nov 16, 2015 1:57am
My GC stack, one trade was closed for -9.0 pips, total +152.0 pips.
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Trading can't be taught but it can be learned
  • #2,130
  • Nov 16, 2015 2:35am Nov 16, 2015 2:35am
Quoting Pipsninja
My GC stack, one trade was closed for -9.0 pips, total +152.0 pips. {image}
Nicely done
  • #2,131
  • Nov 16, 2015 3:20am Nov 16, 2015 3:20am
Quoting Davit
I gained almost 200% in 4 months of trading.Here is my account stats.1red month is ok.Still time left for Nov but not looking good for USD bears. {image}
Well done mate , you are a true trader not just a clicker, keep going
  • #2,132
  • Nov 16, 2015 7:32am Nov 16, 2015 7:32am
Quoting Davit
I gained almost 200% in 4 months of trading.Here is my account stats.1red month is ok.Still time left for Nov but not looking good for USD bears. {image}
... off the planet trading buddy ... subscribed
  • #2,133
  • Nov 16, 2015 1:08pm Nov 16, 2015 1:08pm
Quoting Davit
{quote} Unexpected drop in Oil on Friday caught me off gourd.I anticipated further gain on CAD but did not materialize.I am seating on decent DD on my trades.May end up having losing month.Happens.My average gain last 4 months exceeded even my own expectation hence having 1 red month is ok.Fundamentals kind of fked me.Very green job report caught even the market by surprise. Even though we know those numbers are BS numbers.Real job gain was in Senior age group part time and younger people actually lost jobs. If Feds want to raise IR based on this...
Hi Davit maybe a turn around for you on the CAD. Crude has popped the base and looking like it may hold gains into the close leading the markets.
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  • #2,134
  • Nov 16, 2015 9:02pm Nov 16, 2015 9:02pm
As for me, the neckline of the H&S has been brokrn, allthough not very clear.
1.0443 is the target, confluence of various patterns.
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  • #2,135
  • Nov 16, 2015 9:14pm Nov 16, 2015 9:14pm
Davit, is this correct?
I have to use 50% as pivot line, so the percentages are half instead of 38,2, 61,8 ecc,.
How do you calculate the pivot of the previous week ( H+L/2 or H+L+C/£).
I use only PA and Fibo,mno indicators at all.
I used the word "cluster", but the meaning is the same as confluence.
I work only on live, no demo.
Happy to meet you.
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  • #2,136
  • Nov 18, 2015 11:14pm Nov 18, 2015 11:14pm
UC stack +275.0 pips.
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Trading can't be taught but it can be learned
  • #2,137
  • Nov 19, 2015 12:14am Nov 19, 2015 12:14am
Quoting lastingwell
{quote}Nicely done
Thanks friend! Green pips
Quoting Subrina_FX
{quote} Well done mate , you are a true trader not just a clicker, keep going
You rock my friend.Stop by often thank you
Quoting griffinssoul
{quote} ... off the planet trading buddy ... subscribed
Really pleased to see you here my friend.Keep posting freely anything you like
Quoting squawk
{quote} Hi Davit maybe a turn around for you on the CAD. Crude has popped the base and looking like it may hold gains into the close leading the markets. {image} {image}
Feds finally delivered Thanks for the drop in my friend.Stop by often for beers and trading
Quoting Pipsninja
UC stack +275.0 pips.
Beautiful!!Keep piling those pips
In trading, you have to be defensive and aggressive at the same time
  • #2,138
  • Nov 19, 2015 12:16am Nov 19, 2015 12:16am
Closed a GC batch
+275 pips
UC BE from my previous DD trades which I am very glad to get out.Overall very green side this month.
Weird that same pips as PipsN!Nice serendipity
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In trading, you have to be defensive and aggressive at the same time
  • #2,139
  • Nov 19, 2015 12:18am Nov 19, 2015 12:18am
Quoting filostro
Davit, is this correct? I have to use 50% as pivot line, so the percentages are half instead of 38,2, 61,8 ecc,. How do you calculate the pivot of the previous week ( H+L/2 or H+L+C/). I use only PA and Fibo,mno indicators at all. I used the word "cluster", but the meaning is the same as confluence. I work only on live, no demo. Happy to meet you. {image}
I don't do the calculations pivot indi does.So far its making me $$ so not complaining.
Welcome here
In trading, you have to be defensive and aggressive at the same time
  • #2,140
  • Nov 19, 2015 12:33am Nov 19, 2015 12:33am
Starting building longs on EG.
61S at 6992 is holding up so far
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In trading, you have to be defensive and aggressive at the same time
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