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  • #7,141
  • Feb 19, 2017 6:46pm Feb 19, 2017 6:46pm
Quoting classy
{quote} yea mate ,i agred with you.present day big mouth of trump became a significant indicator...lol
He is truly a big X factor. He clearly stated Yen and Euro are underappreciated which is true and having that mindset its tough to see how Feds will act even though they claim they are independent and can act alone.....
Regards
In trading, you have to be defensive and aggressive at the same time
  • #7,142
  • Feb 19, 2017 6:50pm Feb 19, 2017 6:50pm
N/U dropped shortly after this news, at same time A/U went up= correlation A/N went up. I added to my A/N short position.

New Zealand PPI

Business Price Indexes: December 2016 quarter Media Release
Producer output prices rose 1.5 percent in the December 2016 quarter, and producer input prices rose 1.0 percent, Statistics New Zealand said today.
Producer output prices were mainly influenced by higher prices received by dairy product manufacturers (up 14 percent), and higher farm-gate milk prices received by dairy cattle farmers (up 13 percent).
Producer prices were driven by a higher forecasted farm-gate milk price, which rose to $6.00 a kilo in mid-November 2016. This compares to $4.60 a kilo a year before, and $8.65 a kilo in the March 2014 quarter, when prices received by dairy cattle farmers were at their peak, business prices manager Sarah Williams said.

Prices received by producers in the mining and construction industries were also up, by 13 percent and 1.6 percent respectively. Construction prices were affected by labour and material costs.
Producer input prices were mainly influenced by prices paid by dairy product manufacturers (up 11 percent), due to the increase in farm-gate milk prices. Price rises in petrol (up 5.7 percent) and diesel (up 8.5 percent) also contributed to higher input prices paid by producers across many industries. Some relief came from lower electricity prices paid by producers (down 13 percent).
In the year to the December 2016 quarter, producer output prices increased 2.5 percent, and producer input prices increased 2.3 percent. The capital goods price index (CGPI) increased 3.4 percent in the year, influenced by civil construction (up 3.1 percent), and the construction of residential buildings (up 6.0 percent) and non-residential buildings (up 5.6 percent).
Ends

WedFeb 22 12:50am
Tentative NZD
GDT Price Index

Also watching E/N with a pending short at 1.4848 and like the probability of a rejection at LAST Week's R61

Added a like to Kathy Lien article. Have been paying attention to all posts, but not much time to post myself. The system is still working for me. But I paid a price for over-leveraging, and too much exposure during big event news. I got "scholnged" by Trump's election win. The wild currency gyrations cost me some dollars. I've since reduced leverage and increased caution. Have recovered losses using this system correctly. Which is a cautionary example for those posters mentioning "25%" DD and high percentage account gains in very short time spans. To gain big percentage returns in a short time frame requires higher risk. I think heeding Davit's example and advice of aiming at realistic targets similar to 25% in 3 months is reasonably safe and achievable. Trump's presidency, eccentricity and unpredictable behavior bring uncertainty and volatility to markets.

A/U formed a spinning top candle on weekly (When a spinning top forms after a run up or run down in the market, it can be an indication of a pending reversal, as the indecision in the market is representative of the buyers losing momentum when this occurs after an uptrend and the sellers losing momentum after a downtrend.)
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  • #7,143
  • Feb 19, 2017 6:56pm Feb 19, 2017 6:56pm
Quoting Davit
Disclaimer If you have less then 2years of experience in Forex I recommend not even trying my system. This requires understanding of PA and I won't answer mundane questions and if you should ask basic trading 101 questions I will ban you from this thread. Not responsible for your gains or losses. Please use my template and indicators only. This is so we are all on same page and stick with what is being shared here. If you do post with added indicators you will be removed from this thread without warning! Five fundamental truths: 1. Anything can...
Davits, thank you so much for sharing the knowledge .. I have a few questions :

1. Do I have to adjust the brokers candle manually or leave it like it is?
2. If it's not too much to ask, can I see your current pivots for UJ and EU ... I'd like to adjust mine so that we can see the same charts.


Cheers friend ...
  • #7,144
  • Feb 19, 2017 6:58pm Feb 19, 2017 6:58pm
Quoting Blackopal
N/U dropped shortly after this news, at same time A/U went up= correlation A/N went up. I added to my A/N short position. New Zealand PPI Business Price Indexes: December 2016 quarter Media Release Producer output prices rose 1.5 percent in the December 2016 quarter, and producer input prices rose 1.0 percent, Statistics New Zealand said today. Producer output prices were mainly influenced by higher prices received by dairy product manufacturers (up 14 percent), and higher farm-gate milk prices received by dairy cattle farmers (up 13 percent). Producer...
Good to see you back buddy! Yes trade small is my motto and I use lowest leverage allowed in US.Funny thing is I usually hit my % and more by the end of the month.So trading small does not effect profitability but does effect losses.Keeping them in check.
Regards

Guys watch AC at 38R 10070 key level
In trading, you have to be defensive and aggressive at the same time
  • #7,145
  • Feb 19, 2017 7:12pm Feb 19, 2017 7:12pm
Quoting liquidice
{quote} Davits, thank you so much for sharing the knowledge .. I have a few questions : 1. Do I have to adjust the brokers candle manually or leave it like it is? 2. If it's not too much to ask, can I see your current pivots for UJ and EU ... I'd like to adjust mine so that we can see the same charts. Cheers friend ...
My pivots I suspect have not updated yet.
I think best thing to do is sign up Oanda NY demo account and get the same feed as I do and you don't have to do anything.Lots of guys here already done that and its free to sigh up.
In trading, you have to be defensive and aggressive at the same time
  • #7,146
  • Feb 19, 2017 8:27pm Feb 19, 2017 8:27pm
Quoting Davit
{quote} Good to see you back buddy! Yes trade small is my motto and I use lowest leverage allowed in US.Funny thing is I usually hit my % and more by the end of the month.So trading small does not effect profitability but does effect losses.Keeping them in check. Regards Guys watch AC at 38R 10070 key level

I've been staying away form AC, don't really like trading into the big round number of 1.0000. Seems like such a big psychological number when there are other AUD and CAD options. To each their own though, and I'm certainly not telling you what to do Davit!
  • #7,147
  • Feb 19, 2017 8:30pm Feb 19, 2017 8:30pm
Quoting Davit
{quote} My pivots I suspect have not updated yet. I think best thing to do is sign up Oanda NY demo account and get the same feed as I do and you don't have to do anything.Lots of guys here already done that and its free to sigh up.
My original chart is different from OANDA, when I try to adjust the pivots time, all the lines became squeezed in (sort of)

I think Im gonna use oanda chart for the pivots right now ... thanks Davit for your info.


Cheers.
  • #7,148
  • Feb 20, 2017 12:55am Feb 20, 2017 12:55am
#Cable I'm going for short around London open with very tight SL
waiting for better price 3:1
KRD
  • #7,149
  • Feb 20, 2017 6:04am Feb 20, 2017 6:04am
Quoting Davit
{quote} Hi buddy good to see you again.You have been posting on my threads for years.Interesting that you were mesmerized by Gerhards works.Please join us and trade with us. Nice link thank you
Hey Davit, how are you, my friend, hope your son's doing better.
I've been lurking quite some time and am also applying your system. In spite of some promising results, in the beginning I couldn't make it work for me because I traded blindly from the pivots and hung on too long to my losers. Now I'm doing better making between 4 and 5 % so far this year on ultra low leverage (3-6%).

The trade idea I like most on Schlossberg's video is short GJ. I agree with Boris that British economy is taking the first hits from Brexit and that Britons are waking up to the fact that it won't be that easy. Therefore spending and investing could be restrained even more in the future. Besides, article 50 can be triggered anytime soon.

On the other hand Yen has been remarkably strong despite the recent bull market in stocks. So if there's finally a stock market correction, money could flow to save haven currencies, and then the resilient yen might skyroket.

Therefore I've built a first short position on pivot planning to stack up on rallies.
Be water, my friend
  • #7,150
  • Edited 6:39am Feb 20, 2017 6:25am | Edited 6:39am
Quoting spocktrader
{quote} Hey Davit, how are you, my friend, hope your son's doing better. I've been lurking quite some time and am also applying your system. In spite of some promising results, in the beginning I couldn't make it work for me because I traded blindly from the pivots and hung on too long to my losers. Now I'm doing better making between 4 and 5 % so far this year on ultra low leverage (3-6%). The trade idea I like most on Schlossberg's video is short GJ. I agree with Boris that British economy is taking the first hits from Brexit and that Britons...
I am doing good.My son is doing well still doing some tests...thank you.Hopefully you can get it moving in the positive with larger%
You may want to hummer good trades and not so on questionable ones.That's basically what I do go big on the ones I like and cut or get out the ones I am not sure.
regards

AU is starting to look decisively bearish but could move later today since MP is at 7.30pm EST

AC still stuck on 10050 was hoping at least 70 to build shorts...will wait this out for now
With holiday I don't think much will move but I like my AU trades in case it does move I am in.
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In trading, you have to be defensive and aggressive at the same time
  • #7,151
  • Feb 20, 2017 11:55am Feb 20, 2017 11:55am
very slow now
Enjoy some awesome music
Inserted Video
In trading, you have to be defensive and aggressive at the same time
  • #7,152
  • Feb 20, 2017 12:12pm Feb 20, 2017 12:12pm
Quoting Davit
very slow now Enjoy some awesome music https://www.youtube.com/watch?v=PhIjrDxGqQw
Great song.
One of my favorite, never gets old.
Know thyself
  • #7,153
  • Edited 8:36pm Feb 20, 2017 1:02pm | Edited 8:36pm
Great piece Davit thank you.

Here is my musical contribution to the thread. Enjoy.

Inserted Video
Invest in Life
  • #7,154
  • Feb 20, 2017 1:43pm Feb 20, 2017 1:43pm
Quoting Davit
very slow now Enjoy some awesome music https://www.youtube.com/watch?v=PhIjrDxGqQw
excellent mate ..my favorite
Inserted Video
Say something meaningful or Silence!!
  • #7,155
  • Feb 20, 2017 9:44pm Feb 20, 2017 9:44pm
Hello Guys,

I just put the Strike Indicator on it and it helps a little bit more.

But still i have a question, why my TMS_Angleator V3 - RT2 is not working he shows me nothing....


If some one is interested on the Strike indicator just tell me
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  • #7,156
  • Feb 20, 2017 10:51pm Feb 20, 2017 10:51pm
Quoting Mr.Trader123
Hello Guys, I just put the Strike Indicator on it and it helps a little bit more. But still i have a question, why my TMS_Angleator V3 - RT2 is not working he shows me nothing.... If some one is interested on the Strike indicator just tell me {image}
Evening Mr.Trader,

Thanks for your sincere offer, but on Davit's thread we only post the template used for his trading approach...absolutely no other indicators. Personally, I would recommend deleting your post and start over with just the request regarding the Angleator.

Take care,
GB
  • #7,157
  • Feb 20, 2017 11:17pm Feb 20, 2017 11:17pm
I have UC short from R61 1.3140. What do you guys think about this position?
  • #7,158
  • Feb 20, 2017 11:43pm Feb 20, 2017 11:43pm
CrocodileRex I also already in
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Jakepuia
  • #7,159
  • Feb 20, 2017 11:49pm Feb 20, 2017 11:49pm
Quoting Jakepuia
CrocodileRex I also already in {image}
looks good!. may i know what is your stoploss management for this position? And your take profit? I was thinking of riding this down to R38 first then close half position.
  • #7,160
  • Feb 21, 2017 12:02am Feb 21, 2017 12:02am
USD/CAD Army set for R61 Will add. watching PA, IF SPIKE OCCURS will add at R78 Area . Green pips to all.
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