Pivot Trading

Quoting Blackopal

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Here's a couple of interesting candles on 5 minute chart N/U. Thin market, so it might not take too much effort, but the 2nd one is 18 pips. Somebody is propping it up here. I'm taking the hint and will try to close 3 of my 5 shorts in break even territory {image}

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Quoting neil001

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{quote} Maybe just DOM in the thin trading times......liquidity is waaaaay down!!!!

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Quoting Davit

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Hi guys keep an eye on AC approaching WP for reaction kind of what I anticipate might happen {image} {image}

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Quoting Davit

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I hope you guys are not getting killed on UJ I said this before don't long UJ leave it alone.

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Quoting montego

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{quote} Hi Davit Just a bit . Guys Just to back up Davit is without Doubt right ! p.s i entered this trade before i found this thread or Davits system, keep thinking its going to change Direction dont know Weather to just take the hit. {image}

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Quoting montego

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{quote} Hi Davit Just a bit . Guys Just to back up Davit is without Doubt right ! p.s i entered this trade before i found this thread or Davits system, keep thinking its going to change Direction dont know Weather to just take the hit. {image}

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Quoting montego

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{quote} good thing im only trading with 0.10 prob about 43 GBP - or 81 USD loss

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Quoting Davit

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{quote} dude you got me concern!! That's a dinner for 2 I would just get out but its your call not mine.

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Quoting montego

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{quote} I know it is a lot of money to me im a car/auto mechanic by trade - good job im better at fixing cars than trading stop loss looming in a few pips anyway, so i will let it take its coarse, dust myself off and start again.

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Quoting Davit

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{quote} Its gonna take you honestly 5yrs until you know what you are doing both technically and psychologically.Its basically the learning curve.1st 3yrs you get your ass kicked and start slowly seeing things onward. I think this threads does exhilarate that process.Rest is up to you.

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Quoting montego

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{quote} Thanks Davit once again your right as ive been trading 2.5 years and still getting a butt kicking lol, on a positive note i have been reading this thread and im upto page 48, im reading it slowly on purpose and soaking it all in like a sponge ! some pages im reading two or three times and making notes. I feel with this system the PA, pivots and Tdi are guiding you when you make an entry, and before i was just useing Pa and guesswork, thanks for all your help Davit.

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Quoting Davit

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Loaded on AC I am betting we are heading south until end of the month.Below 100 would be nice {image}

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Quoting montego

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{quote} Hi Davit Just a bit . Guys Just to back up Davit is without Doubt right ! p.s i entered this trade before i found this thread or Davits system, keep thinking its going to change Direction dont know Weather to just take the hit. {image}

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Quoting chnp

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{quote} Hi Davit, what is the sl?

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Quoting Tamarind77

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{quote} Read post 8232 {image}

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Quoting notouch

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{quote} You're in the mindset of a losing trader. The fundamentals and technicals are pointing down and you're sinking deeper and deeper under water, scared to take a loss because you've got that demon in the back of your mind saying 'what if you close now and it goes right back up to where you started'. That demon is not going to make you a profit in the long term. Your trade has clearly been invalidated so get out of it and look for a valid trade.

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