Pivot Trading | Page 180 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #3,581
  • Oct 4, 2016 10:43am Oct 4, 2016 10:43am
GU is still holding to key fib zone 1.618
This is good news for EG.WE should start seeing correction waves coming soon
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 30 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,582
  • Oct 4, 2016 10:43am Oct 4, 2016 10:43am
Quoting Davit
{quote} good please install large price indicator because its annoying seeing a chart with different pairs number
Ok will do.
  • #3,583
  • Oct 4, 2016 11:10am Oct 4, 2016 11:10am
Quoting Davit
closed mega pips +340pips AU will reload on bounce to w pivot 7650 hopefully {image}
Nice gratz Davit!

I was on same order but got around 80pips only, closed too early, I think my biggest problem now is to let proffits run, the entries are nice. I'm ajusting my template to start posting my charts too.
  • #3,584
  • Oct 4, 2016 11:17am Oct 4, 2016 11:17am
Quoting mokuro89
{quote} Nice gratz Davit! I was on same order but got around 80pips only, closed too early, I think my biggest problem now is to let proffits run, the entries are nice. I'm ajusting my template to start posting my charts too.
Thanks M congrats to you as well
Its not late to get in again
I am in already gradual as usual.Yes use my template and start ripping pips
In trading, you have to be defensive and aggressive at the same time
  • #3,585
  • Oct 4, 2016 11:21am Oct 4, 2016 11:21am
tracking EC one of my favorite pairs to short.
Leaving it alone ATM but its on my radar
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 41 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,586
  • Oct 4, 2016 12:22pm Oct 4, 2016 12:22pm
Quoting Davit
{quote} thanks BOP you are a cool mate GU is at interesting key level and noticed little aliveness there {image}
lost alot of ground on GU due to lack of proper risk management. lesson learnt moving forward
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #3,587
  • Edited 12:45pm Oct 4, 2016 12:35pm | Edited 12:45pm
Quoting lordgbengs
{quote} lost alot of ground on GU due to lack of proper risk management. lesson learnt moving forward
Happens shake it off and continue.Its just probabilities.
For what is worth there is divergence on 30min and 1h
ATM I have DD on EG but not worried at all.Its reasonable amount in terms of account size and DD
We need to remind ourselves that we trade WP and at times trade takes longer to get in profit.My AU took 4 days to collect but collect I did.
cheers
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,588
  • Oct 4, 2016 1:03pm Oct 4, 2016 1:03pm
Quoting Davit
{quote} Happens shake it off and continue.Its just probabilities. For what is worth there is divergence on 30min and 1h ATM I have DD on EG but not worried at all.Its reasonable amount in terms of account size and DD We need to remind ourselves that we trade WP and at times trade takes longer to get in profit.My AU took 4 days to collect but collect I did. cheers {image}
Thanks Boss for the charge, I appreciate

Attached Image (click to enlarge)
Click to Enlarge Name: ANZ 041016.PNG Size: 48 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EZ 041016.PNG Size: 44 KB
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #3,589
  • Edited 4:31pm Oct 4, 2016 2:54pm | Edited 4:31pm
Good morning , evening , afternoon all !!!

Oct. GDT result and that is another reason why made NZD weaker ( I think ).

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 21 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 24 KB



Still holding on EG, GU as per my trading rule with 2.9% floating DD.
Green pips for all!!!
  • #3,590
  • Oct 4, 2016 4:34pm Oct 4, 2016 4:34pm
Quoting inforserve
Good morning , evening , afternoon all !!! Oct. GDT result and that is another reason why made NZD weaker ( I think ). {image} {image} Still holding on EG, GU as per my trading rule with 2.9% floating DD. Green pips for all!!!
Excellent trade. thanks for GDT feedback
give you credit for digging up that pair
In trading, you have to be defensive and aggressive at the same time
  • #3,591
  • Oct 4, 2016 5:03pm Oct 4, 2016 5:03pm
Quoting lordgbengs
{quote} Thanks Boss for the charge, I appreciate {image} {image}
don't short AN just leave it alone. NZD is getting weak and chances are it will continue up.Not a high probability trade.I am glad though your lots are small.
R38 not the best place to short in general.
I posted last night about shorting AU and NU and both worked beautifully...Remember we are looking for high probability trades.We must have the Edge on our side so over large sample size winners come on top.
Warm regards
In trading, you have to be defensive and aggressive at the same time
  • #3,592
  • Edited 5:34pm Oct 4, 2016 5:24pm | Edited 5:34pm
Just want to share generally how crosses move.
Crosses move in conjunction with majors AN is AU+NU difference of AU and NU will reflect on AN
Generally for most part crosses travel longer distance then majors
GU UJ roughly 100pips ADR GJ 140 pips so the difference of majors amplifies more on this crosses
Most G crosses GJ GN GA can go hyper covering up to 250+ a day hence I advise trade if you have enough experience dealing with such hyper pairs.
I generally don't trade hyper crosses because I like managing my trades.I build positions and I rather not see it run away from me and wake up either major SL hit or serious drawdown.
As I proven already on this thread that one does not need a faster moving pair to make money majors are sufficiently fast and easy to keep up with fundamentals..
I Hope this helps in case you were not aware
In trading, you have to be defensive and aggressive at the same time
  • #3,593
  • Oct 4, 2016 5:25pm Oct 4, 2016 5:25pm
@Davit ..

First of all excellent Thread and keeping most of us updated with your valueable feedbacks.

I would like to have your opinion on GU pair today, i personally bielieve this pair is in bit of Consolidation as GBP high impact news is later in afternoon.

Currently i am having longs @ 1.2724-28 area with targetted TP 1.2760-12765 , although i know GU will go back and test 1.2710 and even downwards later on
  • #3,594
  • Oct 4, 2016 5:43pm Oct 4, 2016 5:43pm
Quoting sucess4hasee
@Davit .. First of all excellent Thread and keeping most of us updated with your valueable feedbacks. I would like to have your opinion on GU pair today, i personally bielieve this pair is in bit of Consolidation as GBP high impact news is later in afternoon. Currently i am having longs @ 1.2724-28 area with targetted TP 1.2760-12765 , although i know GU will go back and test 1.2710 and even downwards later on
Welcome!
I am short on EG which is basically saying I bought the pound against the Euro.In order for EG to drop GU must go up or Euro drop further then GU
GU is like rubber band stretched to its limits and could spike up rather fast.All it needs is a trigger some politician saying something like Brexit might get delayed or anything similar which I think that's what's gonna happen anyway.This thing is going to drag on maybe 2 years or possibly drop all together.

If you ask me do I think GU will go up? I don't know.Do I think it has great chance of going up yes.Its slight difference in thinking.As Mark Douglas says on my 1st page I don't need to know what is going to happen to make money.
regards
In trading, you have to be defensive and aggressive at the same time
  • #3,595
  • Oct 4, 2016 5:54pm Oct 4, 2016 5:54pm
@Davit

Indeed very valueable feedbacks and Good Cross pair technical view and yes i agree GU is kind of bridging among its Euro Pair and historically EG and GU has an impact on each other , regarding BRExit , i know that was unfortunate scenario and economically GBP is already suffering from it , but delaying will only make sense if GBP doesn`t want to loose its power in international Economy . This week may be slowish in start but with NFP on friday , This week could end up as volatile
  • #3,596
  • Oct 4, 2016 6:31pm Oct 4, 2016 6:31pm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 68 KB
  • #3,597
  • Oct 4, 2016 7:15pm Oct 4, 2016 7:15pm
+42 pips for R100 to R61

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB


+10 pips

Not conformable with PA

Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 26 KB
  • #3,598
  • Oct 4, 2016 7:25pm Oct 4, 2016 7:25pm
Quoting inforserve
+42 pips for R100 to R61 {image} +10 pips Not conformable with PA {image}
nice catch on Uf missed that
In trading, you have to be defensive and aggressive at the same time
  • #3,599
  • Oct 4, 2016 7:29pm Oct 4, 2016 7:29pm
Quoting Davit
{quote} nice catch on Uf missed that
Thanks for your comment. I hope you have some rest & sleep !!!!
  • #3,600
  • Oct 4, 2016 7:38pm Oct 4, 2016 7:38pm
Quoting inforserve
{quote} Thanks for your comment. I hope you have some rest & sleep !!!!
noticed I am posting too much lately but that will end soon in few weeks once I start working full time.I will still participate on the thread but not as much as I am now.
Just finished watching VP debate
Go Trump!
In trading, you have to be defensive and aggressive at the same time
8 traders viewing now