Pivot Trading

Dammit.........i saw that one coming, instead i was focussed EURAUD

Ha
eur aud 1.7110 buy first poz. ı am waiting.And gbp aud also holding buy.

You are removed from this thread
insufficient experience and distracting posts.

I said this over and over on this thread.This is not signal service thread! I like to see posts with charts,self thinking,effort,desire to improve.Guys who think can just freeload here will be removed.Trust me I know who you are by 5 posts.

In comparison please read Shaun's post. That's effort! determination! desire!
My first post!

Hello all,

In 2011 I seen an advert to make money in trading. I followed it through and signed up and paid 6k to have a 1-1 mentor for 5 days. It was a joke, the guy was nothing more than a salesmen. I then looked for another mentor, only 3k this time and this lady new her stuff. It was just that she was a terrible teacher and quite eccentric. I was encouraged to trade live from the start which I did. Over the next 12 months I became prolific. That is prolific at losing money. I was 13k down overall so it was time to quit trading as l had reached my tipping point.

In 2015 I decided to come back to trading, but with a different hat on. I would study first. My leaning style is Visual - Audio, so youtube became a great asset to my learning. I followed many successful traders across many different styles. I did this until March this year where I looked at my first ever forum. That's right my first. In April I came across FF. I looked at many threads and a few stuck out so I began to study them, reading several form start to finish, all behind the scenes. In June I came across Davit on another thread I was looking at, he stood out, so I decided to look him up and study his posts which then brought me to this thread. Since that time I have studied again. I have read this thread 3 times start to finish. I have watched all 64 Nial Fuller videos on price action. I have gained an understanding of Harmonics. I have gained an understanding of structure, of price flow, of momentum, of projection, of depth etc. This has given me a complete understanding of the environment I am now in, but there is one thing that has been missing from my trading from day 1 and Davit has opened that door and let me into the world of Mark Douglas. I read the books and have now watched all 4 workshop videos twice along with any interviews I could find.

Two weeks ago I messaged MCH1970 who kindly told me which Micro account he used as my 2 did not offer that option. Since then I have registered and recently set up a live account. While I was waiting for this set up I traded this on a demo for 2 weeks, 12 trades, 11 successful. What was different was that I felt no emotion for the first time while I traded this, why? Mark Douglas. Yesterday I started on my live account. I went short on EUR/GBP and AUD/CAD. I did this independently based on my own expectations of what I could see based on the method Davit has clearly laid out. I took the minimum 10p per pip lots and increased my positions as price action offered it to me. At one point I was over 100 pips in draw down over the two trades, but I felt nothing, and that is the truth. Why? Mark Douglas. I closed all my positions last night for a total of 800 pips. I still felt no emotion. Why? Mark Douglas. I am confident I have an edge and that over time the probability of my expectations will be met more often than not so I am not interested what so ever in this 1 trade, its the next 10,000 I am looking forward too.

This is how I see Davit's method. It is a road map, and on the map are clear points where a car (price) may stop (61, 78, 100 etc). The further the car goes, the more its likely to run low on fuel. At these points there is a set of traffic lights to guide you (price action). If the car (price) approaches say 61 and the light is green (price action) let it on through, if its amber (price action) keep an eye on it to see if the light turns to red (price action). If it does turn to red, then turn the car round, fill it up slowly (position size) and drive back the other way. If you like the road add a bit more fuel (positions). If it stalls or even reverses, then no big deal it was only a small tank of fuel you put in. You can always top it up the next service station if the lights go back to red (price action).

For all the inexperienced traders out there wanting to get in this car, Davit does not suffer fools gladly, so do yourself a favour and just learn to drive like I did. Yes it takes time and effort, but so what, just do it, it is worth it.

Finally I would like to say a big thank you to Davit and some of the great contributors on this thread for what you are doing for people in the background who are genuinely looking to improve and learn from every turn. Davit your method and your devotion to this thread is just superb, you do it for no financial gain, which is remarkable based on the idiots I have paid thousands too for nothing more than wasting my time. I salute you my friend!

All the best

Shaun

EC is making lower swings
WP may stop this drive.

Long EU (divergence) my SL on BE.

looks good although it may spike taking you out with BE I suggest moving your stop to protect profits as closer we get to 2pm
I am anticipating 61S 111 to be revisited

Caught one Fish on Oil News.

I got more fish on it
I am glad I got out both EG and UC earlier today both rebounded where I entered basically.Now feels lot better hammering both twice

I do anticipate GU breaking 1.30 psychological barrier should that occur EG will collapse lot faster

I also followed you. That was a wise decision.

Do you think my entries (Sell Limit Orders) are higher than should be anticipated?

Spikes do occur or it could nose dive 10min before 2pm.honestly don't know how its going to unfold.I am just guessing based on past situations
I have a bigger positions on EG then UC like to keep this little light in case granny Janet surprises the market

taking the tension out a little before Janet

2 Minutes ... !!!

Got nice positions on UC highest 3232 rest 32 area.We should see 3150 today if not lower
hopefully WP breaks this time round

Fished 0.06 in total.

Keeping TP below 1.30sh level for this week.

So far bulls are buying the dips.Might change in 4hrs

Situation may change during Press Conference.

Release The Kraken !!!!

I don't think they will even raise rate in December.

They cut the projections for 2017. Lowered 2016 interest rate forecast.

I think they will cut the rate instead of hiking.

More hawkish than last time, but we'll see.

The Kraken is late. :-/

closed UC+445 pips
More then happy

Total today

UC +480pips
UC+445 pips
EG +350pips
1275 pips today!
Congrats to guys who participated and benefited here