Pivot Trading | Page 295 | 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

  • #5,881
  • Jan 5, 2017 1:04am Jan 5, 2017 1:04am
Still waiting for AN to get closer to WP to start building longs.This is my next big trade in the making.Love this pair. I actually never lost a trade on this pair
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDH1.png Size: 42 KB
In trading, you have to be defensive and aggressive at the same time
  • #5,882
  • Jan 5, 2017 1:13am Jan 5, 2017 1:13am
Quoting Davit
{quote} nice profits on UJ mine are still open just letting it play out.
Hi Davit , all of the best for 2017 for you and all the pivoteers. May the odds be in your favour!
I'm holding shorts on UJ which I've been building, were wondering what your TP targets for shorts are. I did read you mentioned 105 few pages back, still shooting for that number? quite a stretch, however, with some time, it could easily reach there and beyond.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 119 KB
  • #5,883
  • Edited 2:32am Jan 5, 2017 1:17am | Edited 2:32am
Watching EURCAD
Be ready for AN cool price action
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB
Click to Enlarge Name: Screenshot2.png Size: 35 KB
KRD
  • #5,884
  • Jan 5, 2017 1:25am Jan 5, 2017 1:25am
Quoting FxProsper
{quote} Hi Davit , all of the best for 2017 for you and all the pivoteers. May the odds be in your favour! I'm holding shorts on UJ which I've been building, were wondering what your TP targets for shorts are. I did read you mentioned 105 few pages back, still shooting for that number? quite a stretch, however, with some time, it could easily reach there and beyond. {image}
Its general TP but obviously lot can happen fundamentally once Trump takes over. It will be real tough to implement and pass the Budget Trump wants which has "tremendous" his favorite word spending.
Without this inflationary spending pass that must contain raising the dept ceiling (real challenge to raise the ceiling)it will be hard for Feds to raise rates.My instinct tells me Strong dollar = capital gains loss hence hurts the economy and I won't be surprised to see 1st Q to be restrictive and not much of growth.
In basic terms I am USD bear.
regards
In trading, you have to be defensive and aggressive at the same time
  • #5,885
  • Jan 5, 2017 1:31am Jan 5, 2017 1:31am
Quoting Rocky007
Watching EURCAD {image}
its a good one but we missed the 100S entry.I had too much going basically used all my margin at that time...
worth putting on radar for sure
In trading, you have to be defensive and aggressive at the same time
  • #5,886
  • Jan 5, 2017 1:41am Jan 5, 2017 1:41am
Quoting Davit
{quote} Its general TP but obviously lot can happen fundamentally once Trump takes over. It will be real tough to implement and pass the Budget Trump wants which has "tremendous" his favorite word spending. Without this inflationary spending pass that must contain raising the dept ceiling (real challenge to raise the ceiling)it will be hard for Feds to raise rates.My instinct tells me Strong dollar = capital gains loss hence hurts the economy and I won't be surprised to see 1st Q to be restrictive and not much of growth. In basic terms I...
Sound opinion, I have to agree on the USD sentiment, usd had a great (unjustified but still great) run, but market sentiment is clearly turning now.
  • #5,887
  • Jan 5, 2017 2:01am Jan 5, 2017 2:01am
Just back after a Christmas and years break, was quite busy moving houses, my laptop died and still have no proper internet ( have to use my phone as a wifi hotspot) Hope everyone enjoyed their times off and came back to start another pipful journey in 2017

Small profit on AJ since yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 45 KB
The only thing that will make us successful is if we can control ourselves!
  • #5,888
  • Jan 5, 2017 2:06am Jan 5, 2017 2:06am
took a quick short on UJ.
Davit your posts are really very helpful.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 45 KB
  • #5,889
  • Jan 5, 2017 6:34am Jan 5, 2017 6:34am
Trades are still open

Attached Image (click to enlarge)
Click to Enlarge Name: Pivot5.PNG Size: 127 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Pivot6.PNG Size: 133 KB
  • #5,890
  • Jan 5, 2017 8:52am Jan 5, 2017 8:52am
Quoting Davit
{quote} No waiting to long. I prefer long side where overall bigger trend will be heading.I make conscious decisions what direction I like to trade on each pair.Once that is established then rest is entering at key levels. I already posted my posoitions earler . EU long UJ short (biggest positions) NU long EA long
Hi Davit

Please can you expanciate on what you mean by the "overall bigger trend" in the above statement. My understanding is the bigger trend, is the prevailing trend on the weekly and monthly charts from a technical perspective and macro themes/sentiments (based on how the nos stack up) from a fundamental perspective. I will appreciate your comments.

Cheers.
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #5,891
  • Edited 10:46am Jan 5, 2017 10:15am | Edited 10:46am
AN I could be wrong let see. I'm closing all my position with 100 pip
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 55 KB
KRD
  • #5,892
  • Edited 11:38am Jan 5, 2017 10:53am | Edited 11:38am
Quoting Rocky007
{quote} Target is the main point of origin, but I love to take some partial profit you never know. {image}
Hats off.
115 reached on UJ.Closed at 870 pips profit.
Glad i waited all that time.
Â
Drawdown on UC ( I entered 2 tickets long at 1.3300)
"Letting losses run is the most serious mistake made by most investors."W.O
  • #5,893
  • Jan 5, 2017 10:55am Jan 5, 2017 10:55am
My present result, thank david their strategy

Attached Image (click to enlarge)
Click to Enlarge Name: Pivot7.PNG Size: 19 KB
  • #5,894
  • Edited 1:56pm Jan 5, 2017 11:41am | Edited 1:56pm
Quoting liamseden
{quote} Hats off. 115 reached on UJ.Closed at 870 pips profit. Glad i waited all that time. Drawdown on UC ( I entered 2 tickets long at 1.3300)
I got out early due to over leveraged, all tho I had good profit cheers
This was really good set up we are fortunate to identify the event long before it occurred.

One thing I learned so far don't trade unless there is a trade.

UC not looking good I will anticipate perhaps the manipulation.

FYI,
8:30am (NY Time) US NF Employment Forecast 175K Previous 178K
8:30am (NY Time) US Unemployment Rate Forecast 4.7% Previous 4.6%
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 47 KB
KRD
  • #5,895
  • Jan 5, 2017 2:05pm Jan 5, 2017 2:05pm
Quoting Rocky007
{quote} I got out early due to over leveraged, all tho I had good profit cheers This was really good set up we are fortunate to identify the event long before it occurred. One thing I learned so far don't trade unless there is a trade. UC not looking good I will anticipate perhaps the manipulation. FYI, 8:30am (NY Time) US NF Employment Forecast 175K Previous 178K 8:30am (NY Time) US Unemployment Rate Forecast 4.7% Previous 4.6% {image}
Cheers for the profits.
about UC i know it's a bit tricky, i got in the trade too early, and all this week i work so i can't trade until i'm home.
Anyway for UC there is an upper channel on Daily and Weekly TF. Daily TF Upper trend tested 4 times so solid, technically all good but fundamentally it's chaotic, because USD is weakening and CAD is strong because of OIL.

i will wait for tomorrow after the NFP, if i consolidate or i get out on loss.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_767.png Size: 91 KB


any advice is welcome .
"Letting losses run is the most serious mistake made by most investors."W.O
  • #5,896
  • Edited 3:45pm Jan 5, 2017 2:20pm | Edited 3:45pm
Another super set up may be coming up soon CADJPY
liamseden Davit might give you a clear picture to be honest.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 56 KB
Click to Enlarge Name: Screenshot1.png Size: 50 KB
KRD
  • #5,897
  • Jan 5, 2017 2:29pm Jan 5, 2017 2:29pm
AUD/USD
Nice pull back to the R100 for a quick 71 pips. TP was set at the R138 to get out before possible double top. Price pushed through easily to R161.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h1-forex-capital-markets.png Size: 66 KB


NZD/USD
Two entries at the R38, pulled trades at R61 for a quick 34 pips. Wish I would have been more patient and held out to R78 where TP was set.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-forex-capital-markets.png Size: 68 KB
  • #5,898
  • Edited Jan 6, 2017 1:53am Jan 5, 2017 6:55pm | Edited Jan 6, 2017 1:53am
Demo Trading Let's see
Price Behavior Interesting.
Mission accomplished
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 21 KB
Click to Enlarge Name: Screenshot3.png Size: 54 KB
KRD
  • #5,899
  • Jan 6, 2017 11:08am Jan 6, 2017 11:08am
Hi guys
Closed my EA longs.Was hoping for better number but I think this may not go higher before week closes
+786pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 51 KB
In trading, you have to be defensive and aggressive at the same time
  • #5,900
  • Jan 6, 2017 11:14am Jan 6, 2017 11:14am
watch reaction on NU at 38R
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.png Size: 42 KB
In trading, you have to be defensive and aggressive at the same time
10 traders viewing now