Pivot Trading

Quoting mch1970

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Loaded back up on the AUD shorts. AJ +343 from around R61 {image} Also short AC, currently +90 pips from between R38 and R61 which was the rejection of last week high. EC also approaching R61 zone, which has proven somewhat of a ceiling to price action over recent weeks

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Quoting RSA-Pips

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it has not been 2 weeks here but i am delighted of Davit pivots strategy, i had blown my $1000 account to $56 when i started using pivots. i must say my account is being resuscitated, thanks to UsdCad , AudJpy & UsdChf lessons learned: Mark videos opened my eyes the way i thought about the markets. Davit strategy taught me to learn to wait for the market to give me a signal @ R/S 61/78 or R/S 3 (if under correction) vs looking for a signal. Current challenge: adding on trades vs the risk exposure. I am still working on Elliott wave principle & Harmonic...

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Quoting fxray

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Hi Davit & other knowledgable traders Been lurking in backround following this thread for a good number of weeks. Reading & re reading the posts getting my head around this way of trading as it has turned on its head a lot of what I thought I knew about trading. Its been quite a learning curve undoing some established habits Anyway the penny has started to drop and am starting to make consistent 'stress free' pips ... so thank you to all. Will try and post and contribute when I can but my business takes priority. However this...

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Quoting Murksler

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Nice and easy trade. {image}

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Quoting voty

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Closing my 3 weeks old EU long, turning -1200 pips DD into 200 profit. Far away from a good trade, just want to show how it helps to be patient and without panic. Opened three weeks ago in the zone, going against me since the start. Hard-stop loss set as S200 as -2600 pips and just waiting, floating loss 1200 pips last week. Today in the zone for short, not really good idea to keep my long here so getting ready to close it. What helped me to keep relaxed while in DD was to look on on monthly pivots where I normally never look. It was super...

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Quoting littlehelper

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Hi guys, I took a trade E/A based on pivots and PA but most importantly with fundamentals in mind. In particular PMI of CNY, RBA cash rate and. I believe my entry was risky overall but decided to take a small short position based on price action at pivot R38, Fibs while acknowledging previous structure and stayed in the trade based on the forecast , (forecast is not dead cert by the way), up untill release of data/statements. On the data released I decided to hold my position and got a close below DOL. So added to my position, with BOJ statement...

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Quoting Uae

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Hi Davit do we have new indicators? i noticed there is change in your pivot lines.

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Quoting Jakepuia

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Guys what do you think about EU? Am Watching closely {image}[ Shorted it at 1.10543 one position only waiting to see what direction it goes before entering second trade

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Quoting Uae

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Hi Davit do we have new indicators? i noticed there is change in your pivot lines.

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Quoting OuterWest

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at the personal risk of " banning" from Forex Factory being honest given the amount of people reading this; , the response" At the risk of causing confusion, I'm short A/U from R38, A/C and A/CHF" is exactly what prohibits open dialogue , it is exactly the type of psychology that hurt Trading Made Simple et al. That response is exactly on point with what I wrote.

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Quoting Tamarind77

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{quote} {image} {image}

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