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  • #1,681
  • Edited 10:29am Aug 5, 2016 7:44am | Edited 10:29am
Still my best trade of the month!!

Cheers Dav!!

EDITED: Not in front of my trading desk for the moment,but it seems to be the price on XAUUSD has reached the Pivot,really great!!!!! Nice weekend to all!!)
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Success is nothing more than a few simple disciplines, practiced every day.
  • #1,682
  • Aug 5, 2016 8:41am Aug 5, 2016 8:41am
Quote; Guitarbloke; AUD/USD H4 BUOB. TDI green bounce up off red. Price testing R61 continuously, which makes me reckon this has further to go north. Target R78. Might even hit R100.

Fundamentally this has to do with the bond market.
Euro interest rates are 0%, US is 0.5%, Japan is -0.10%, UK is 0.25%, Australia is 1.5%
Where is the money going to flow???? Highest yields!
This would contribute to why we didnt see the drop expected when Aust lowered interest rate, still relatively higher.
AU advance has been slowed now though, with good NFP figures.
  • #1,683
  • Edited 9:37am Aug 5, 2016 8:42am | Edited 9:37am
Quoting Guitarbloke
AUD/USD H4 BUOB. TDI green bounce up off red. Price testing R61 continuously, which makes me reckon this has further to go north. Target R78. Might even hit R100. {image}
Out at BE with the NFP.

Thanks Bolter. Good one Mach!

Oil H4 IB's retrace to WP. Sell.

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Update - Took profit 41.05
'Fail to plan, plan to fail'
  • #1,684
  • Aug 5, 2016 8:48am Aug 5, 2016 8:48am
Quoting Machinator
Still my best trade of the month!! Cheers Dav!! {image}
Barev bro
Great job and great to see you here
In trading, you have to be defensive and aggressive at the same time
  • #1,685
  • Aug 5, 2016 8:49am Aug 5, 2016 8:49am
Closed very frustrating AU short
+160pips
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In trading, you have to be defensive and aggressive at the same time
  • #1,686
  • Aug 5, 2016 8:52am Aug 5, 2016 8:52am
My EG short doing great but my AC NC not so...still on DD
In trading, you have to be defensive and aggressive at the same time
  • #1,687
  • Aug 5, 2016 8:56am Aug 5, 2016 8:56am
Quoting Guitarbloke
{quote} Out at BE with the NFP. Thanks Bolter. Good one Mach! Oil H4 IB's retrace to WP. Sell. {image}
Same here, out of AU at break even.
Pretty happy with this weeks trades which is my first week using Davit's system.
Probably not as much as others are doing, but I grew my account by 22.9% in 5 days which is awesome for me.

A BIG thanks to Davit......just got to repeat!!!
  • #1,688
  • Aug 5, 2016 9:00am Aug 5, 2016 9:00am
Quoting Guitarbloke
{quote} Out at BE with the NFP. Thanks Bolter. Good one Mach! Oil H4 IB's retrace to WP. Sell. {image}
Glad to see you back posting and trading again Guitar!
In trading, you have to be defensive and aggressive at the same time
  • #1,689
  • Aug 5, 2016 9:01am Aug 5, 2016 9:01am
Quoting Bolter
{quote} Same here, out of AU at break even. Pretty happy with this weeks trades which is my first week using Davit's system. Probably not as much as others are doing, but I grew my account by 22.9% in 5 days which is awesome for me. A BIG thanks to Davit......just got to repeat!!!
You welcome Bolter 22% in 5days If you can hit 10% consistently 5years you can take 5k to 700k compounded
That's what I am doing compounding! Great job
In trading, you have to be defensive and aggressive at the same time
  • #1,690
  • Aug 5, 2016 9:04am Aug 5, 2016 9:04am
Just a heads up UC hit a wall on 38R and she very well drop to 3080 again next week since oil is getting stronger.
Canadian numbers were not that bad.Unemployment same just slight decline not justified for extreme sell off
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In trading, you have to be defensive and aggressive at the same time
  • #1,691
  • Aug 5, 2016 9:43am Aug 5, 2016 9:43am
thanks Davit for this great system.
i encouraged my self to register ff forum and start contributing in this tread, also i just collect greens from AU R61..

anyway i got fl from GU and now GU is at S61.. still collecting guts to go long in order to recover my fl..
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  • #1,692
  • Aug 5, 2016 1:25pm Aug 5, 2016 1:25pm
Quoting dnl
thanks Davit for this great system. i encouraged my self to register ff forum and start contributing in this tread, also i just collect greens from AU R61.. anyway i got fl from GU and now GU is at S61.. still collecting guts to go long in order to recover my fl.. {image}
Welcome! and wish you continued success
In trading, you have to be defensive and aggressive at the same time
  • #1,693
  • Aug 5, 2016 1:45pm Aug 5, 2016 1:45pm
hope some of you jumped on UC when I posted.Going down +100pips but holding lot lower
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In trading, you have to be defensive and aggressive at the same time
  • #1,694
  • Aug 5, 2016 2:39pm Aug 5, 2016 2:39pm
Yep, I did it! Thanks for the heads-up!

Quoting Davit
hope some of you jumped on UC when I posted.Going down +100pips but holding lot lower {image}
  • #1,695
  • Edited Aug 6, 2016 4:31am Aug 5, 2016 6:04pm | Edited Aug 6, 2016 4:31am
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Still lot to learn about the market !!!!


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Still holding on AC, NC, AU ... Will be interesting to see how it unfold..
  • #1,696
  • Edited 6:28pm Aug 5, 2016 6:09pm | Edited 6:28pm
Quoting Davit
{quote} Glad to see you back posting and trading again Guitar!
Thanks buddy.

Hi Info. In 2nd chart AU, looks like u were in profit, then held on as price came back up against you? A gr8 weekend to all. Think i'll study some charts. What a party animal!
'Fail to plan, plan to fail'
  • #1,697
  • Edited 7:20pm Aug 5, 2016 6:49pm | Edited 7:20pm
Quoting Guitarbloke
{quote} Thanks buddy. Hi Info. In 2nd chart AU, looks like u were in profit, then held on as price came back up against you? A gr8 weekend to all. Think i'll study some charts. What a party animal!
It had been down against USD but it bounced back. I thought rate cut will bring down AUD but I didn't take consideration about Brexit & upcoming BOE rate cut as well as relatively high saving interest rate in AU & NZ even though I knew it. I guess one must have overall picture of market flow of all around world since currency is interconnect to each others. That's people call "Feel the market" I guess.

Cheers;
  • #1,698
  • Aug 5, 2016 9:20pm Aug 5, 2016 9:20pm
Quoting inforserve
{quote} It had been down against USD but it bounced back. I thought rate cut will bring down AUD but I didn't take consideration about Brexit & upcoming BOE rate cut as well as relatively high saving interest rate in AU & NZ even though I knew it. I guess one must have overall picture of market flow of all around world since currency is interconnect to each others. That's people call "Feel the market" I guess. Cheers;
Ok. You seem to be doing consistently well though friend. I took a silly loss a couple of weeks ago with 3 positions. It was because i wasn't as prepared as i should've been with an exit strategy if things went wrong before i entered trade. I hadn't traded live for a couple of years, and to be honest i froze and panicked. Result of some bad habits i got into whilst demo trading. Lesson learned though, which is the important thing. Live is where it's really at, and one must really be prepared and have a plan for that particular trade. Back on deck now, and looking forward to more greenery from the lush FX forest next week.
'Fail to plan, plan to fail'
  • #1,699
  • Aug 5, 2016 10:10pm Aug 5, 2016 10:10pm
Hi Davit...
Thanks for your great trading system..

Just wonder... why 50% fibo retracement was not in the chart..
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #1,700
  • Aug 5, 2016 11:59pm Aug 5, 2016 11:59pm
Hi Davit and all, still practicing your system, i m not used to this high TF M30 (was scalping before 50" charts) so i think i found an interesting trade yesterday except for the NFP of course but it is not essential for practicing good entries i think.
So i choose this entry because i get R61, TDI signal, bear divergence and R by oblique so pretty nice entry, my question is how do you do with your sl or be when the trade is long as this one (8H), did you touched anything until TP or SL is reach or did you closed this trade after a certain time ? and by the way do you have an idea about your average trade duration using this system on M30 TF ?

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