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Pivot Trading

  • #6,721
  • Feb 7, 2017 8:09am Feb 7, 2017 8:09am
Pay attention to ADR as well.I don't have it on my template for decoration.If normal move on a pair is 100pips a day and it moves 150 and its at 78-100 zone you got extremely high probability trade there.
In trading, you have to be defensive and aggressive at the same time
  • #6,722
  • Feb 7, 2017 8:10am Feb 7, 2017 8:10am
Quoting Davit
look guys I have been totally transparent including telling my DD trades.I have been saying this over and over that you need minimum 3 months large sample size to see how this works. If you guys trade this 2 weeks win 1 week and lose another and quit then you have learned nothing. here my last 6 months my account only shows last 6 but its been consistent since 2016 jan. You can tell that from the dips that I have no issues taking a loss when I am convinced trade is no longer valid. I can tell you with confidence that I have not had less then 10%...
Hi Davit, there is no point responding to folks looking for evidence, nobody argues with result. I followed the system for at least 4 months and trading off monthly because of my work schedule and the win rate is 80%. Please leave the doubters and focus on the serious minded peeps, you cannot please everybody.

Thank you
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #6,723
  • Feb 7, 2017 8:11am Feb 7, 2017 8:11am
EG 38R has been tough to break north and its perfect ranging pair to get in and out rinse repeat.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 40 KB
In trading, you have to be defensive and aggressive at the same time
  • #6,724
  • Feb 7, 2017 8:12am Feb 7, 2017 8:12am
Broker palaver

FXCM banned by CFTC after taking positions against clients

http://www.marketwatch.com/story/fxc...nts-2017-02-06

CFTC Orders Forex Capital Markets, LLC (FXCM) to Pay a $7 Million Penalty for FXCMs Defrauding of Retail Forex Customers

http://www.cftc.gov/PressRoom/PressR...28-17#PrRoWMBL
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #6,725
  • Feb 7, 2017 8:14am Feb 7, 2017 8:14am
Quoting lordgbengs
{quote} Hi Davit, there is no point responding to folks looking for evidence, nobody argues with result. I followed the system for at least 4 months and trading off monthly because of my work schedule and the win rate is 80%. Please leave the doubters and focus on the serious minded peeps, you cannot please everybody. Thank you
Will do.I did get distracted and got out of my NU shorts early.I do admit maintaining a live thread and trading same time is challenging.
Nice to see you back buddy.Wish you the best
In trading, you have to be defensive and aggressive at the same time
  • #6,726
  • Feb 7, 2017 8:15am Feb 7, 2017 8:15am
Chinese FX reserves below $3 trillion for first time since Feb 2011. They've fallen $1 trillion from peak of $3.993 trillion in June 2014

https://twitter.com/ReutersJamie/sta...78327813382144

Weakening Chinese economy, selling USD to maintain the RMB.

It does impact a lot commodity currencies such us Aussie.

Eyes open
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #6,727
  • Feb 7, 2017 8:25am Feb 7, 2017 8:25am
Talk about the power of my system check out GU right on 61S
and already hundreds and hundreds of examples like it. Evidence is right in front of you!
No repainting NO trend lines none of the nonsense so common here at FF
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #6,728
  • Feb 7, 2017 8:26am Feb 7, 2017 8:26am
Yes , Davit I did watch the videos thanks. Will have to review again. Obviously I missed something. Thank you. Thank you for that chart as well.
"Define the risk OUT of your trade"--Mark Douglas
  • #6,729
  • Feb 7, 2017 8:32am Feb 7, 2017 8:32am
Quoting GreenEarth
Yes , Davit I did watch the videos thanks. Will have to review again. Obviously I missed something. Thank you. Thank you for that chart as well.
watch #3 again and let it sink in deeply.This is professional level of understanding how price moves!Its vital to understand clearly
When you really understand this then you will also understand why spikes occur
regards
In trading, you have to be defensive and aggressive at the same time
  • #6,730
  • Feb 7, 2017 8:35am Feb 7, 2017 8:35am
keeping an eye on an, running out of puff at wpp
Attached Image (click to enlarge)
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  • #6,731
  • Feb 7, 2017 8:39am Feb 7, 2017 8:39am
Pin Bar in 4H, trade in progress
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 68 KB
  • #6,732
  • Feb 7, 2017 8:41am Feb 7, 2017 8:41am
Quoting fibo38
Pin Bar in 4H, trade in progress {image}
same trade Ivey PMI at 10am.May move after but so far data has been red on the CAD
In trading, you have to be defensive and aggressive at the same time
  • #6,733
  • Feb 7, 2017 8:43am Feb 7, 2017 8:43am
Quoting Scrambleguy
keeping an eye on an, running out of puff at wpp {image}
stop drawing trend lines.Seriously stop this way of thinking.It will influence your trading negatively.Let me put it simply.Trend lines have no edge.
In trading, you have to be defensive and aggressive at the same time
  • #6,734
  • Feb 7, 2017 8:54am Feb 7, 2017 8:54am
AUDCAD
Now thats the power of Pivots..
Attached Image
  • #6,735
  • Feb 7, 2017 9:04am Feb 7, 2017 9:04am
slight red number on Ivey PMI Cad but not enough to get out yet.
In trading, you have to be defensive and aggressive at the same time
  • #6,736
  • Feb 7, 2017 9:14am Feb 7, 2017 9:14am
Thanks Davit , #3 , got it.
Regards,
"Define the risk OUT of your trade"--Mark Douglas
  • #6,737
  • Feb 7, 2017 9:28am Feb 7, 2017 9:28am
Anyone in E/U or C/J?
Thanks for this thread Davit, been following for a while, IMO one of few worth follow to.
  • #6,738
  • Feb 7, 2017 9:32am Feb 7, 2017 9:32am
out of UC+218 pips happy with that
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #6,739
  • Feb 7, 2017 9:34am Feb 7, 2017 9:34am
so far killing it this month
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #6,740
  • Edited 10:13am Feb 7, 2017 9:36am | Edited 10:13am
Buy GU..
Attached Image (click to enlarge)
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Jz look at Davit's comment above when scroll up.. we were in common...
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
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