Heads up on NU she is hitting same S/R R61 Actually very glad to have been waited to short this at the right time again.
aaah there he is
Im with you on that 61 fib NU short brother
- #1,962
- Aug 24, 2016 4:36am Aug 24, 2016 4:36am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,963
- Edited 4:55am Aug 24, 2016 4:39am | Edited 4:55am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} aaah there he is
should hit 7230 by fridayHopefully its a typical 123 retrace Ellot Wave pattern
AB=CD
I often use zig zag indicator to see swings better.Nothing fancy just helps clear the clutter.
In am little surprised on resiliency of NZD which fueled after Wheeler's speech.Most misunderstood his speech.He was clear that he didn't want strong NZD and basically said he will cut rates to cap NZD gains.Market interpreted his comments actually opposite..(Wheeler said he didn't believe in aggressive cuts but did not rule out future cuts)but things will cool off soon on NZD
In trading, you have to be defensive and aggressive at the same time
{quote} its moving nicely so far
mmmm very strange......................look at your 61 on M15 compared to yours
- #1,965
- Edited 5:08am Aug 24, 2016 4:58am | Edited 5:08am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} mmmm very strange......................look at your 61 on M15 compared to yours
Let me see If I can find the post.
Saved this post to my hard drive
Thank you Guitarbloke!
Hello all, I have finally unravelled the pivot indy out of whack riddle! PITA for those of us presuming indy would be ready to go as is like a big Mac lol. I am in east coast Oz, and have NY close candle charts, but i still had to fiddle with my settings for it to line up with Davits charts. Closest i could get is 1.5 pips out from his, but that's close enough. This what i did: Get into indy settings. Set brokers candle to FALSE. This was the trick/key to being able adjust the pivots up and down for me. Set the week to latest week on Choose H1 start candle/finish candle as follows: 'Choose H1 start candle': 2016 06 19 05:00 'Choose H1 finish candle': 2016 06 24 05:00 (5.00 a.m. may not work on your chart so try different hours till pivots line up). Fiddle with the hour on your 'Choose H1 start candle/finish' settings to get it to line up with Davits U/C chart pivots. 5 a.m. was the hour that worked on my chart. When you find the corresponding hour, set the start candle and finish candle to the exact same hour. Thank kerrrist for that. Let's trade. Thanks Davit and all contributors for your help. GB. Edit: same settings now way out on N/C. mmm. Back to the drawing board. U/C {image}
In trading, you have to be defensive and aggressive at the same time
{quote} I noticed specially Australian traders have bigger discrepancy.It's your broker time frame.May want to manually change few things. Let me see If I can find the post. Saved this post to my hard drive Thank you Guitarbloke! {quote}
Thanks brother, i'll try that.......i've never seen this problem before but will dfntly look into it now, got me worried i missed out on other opportunity
- #1,967
- Aug 24, 2016 5:32am Aug 24, 2016 5:32am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,968
- Edited 5:45am Aug 24, 2016 5:33am | Edited 5:45am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Thanks brother, i'll try that.......i've never seen this problem before but will dfntly look into it now, got me worried i missed out on other opportunity
GU is clearing all stops.Glad not shorting this beast yet...
In trading, you have to be defensive and aggressive at the same time
- #1,970
- Aug 24, 2016 5:50am Aug 24, 2016 5:50am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} GU long S61 TP hit!now raising SL+ for my 1.28x long {image}
well doneyour entry was outstanding 128.90 This month I made several mistakes which halted my account for further exposure thus passed lot of set ups.Glad out of EG and now opened my margin.
Just a question did you add your 2nd buy at pivot after price dropped like buying the dips or you bought as price ascended then accumulated DD on 2nd trade
In trading, you have to be defensive and aggressive at the same time
In NU and AU shorts. Closed previous NU, EG, AU and ACHF shorts. Been tricky few weeks with some drawdowns and patience levels have definitely been tested, but the pivot levels and missed pivot levels have held firm as price magnets and subsequently have been able to close these positions out with a nice uptick in equity growth. Up 24% for the month to date. 
- #1,972
- Aug 24, 2016 5:59am Aug 24, 2016 5:59am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In NU and AU shorts. Closed previous NU, EG, AU and ACHF shorts. Been tricky few weeks with some drawdowns and patience levels have definitely been tested, but the pivot levels and missed pivot levels have held firm as price magnets and subsequently have been able to close these positions out with a nice uptick in equity growth. Up 24% for the month to date.
In trading, you have to be defensive and aggressive at the same time
{quote}
no, my longs at pivot and 1.28 both from last week when GU DD my other long positions (1.3131 and 1.3171). at that moment I'm glad I manualy cut my EG losses, if not GU and EG gave me a lot of damage.
yes, in last 3 weeks I also did some mistake. thanks God GU pays for it.
- #1,974
- Edited 6:44am Aug 24, 2016 6:23am | Edited 6:44am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
{quote} be sure to set your SL Andi.. GU bulls and bears both are beast!I personally still targeting GU to hit about S61 where I set my TP at. but if the price falls I already secured my profit. {image}
Still monitoring closely.. and set the SL..
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
- #1,980
- Edited 7:51am Aug 24, 2016 7:24am | Edited 7:51am
{quote}
How long GU will stand.. both 30M, 1H and 4H, TDI is in TOP position..
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability