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Pivot Trading

  • #9,581
  • May 25, 2017 1:23am May 25, 2017 1:23am
Howdy Davit,
What can I say.....The Hedge Funds Head Hunting you soon....Smile.
I am not one who ask for other peoples opinions but I will be bold...I have gone back through months of history re EURGBP...and may need to be patient with this pair..I do have 30 trades but not concerned....Any thoughts mate. Sorry to ask.
Young Ronald..
P.S need the money for that special bottle of wine.
Quoting Davit
good evening guys Closed all my UC shorts +1623 pips very happy with it. some earlier positions were taken weeks ego and I am happy to get out with great profits.Not being greedy. notice my exit was at 100S so chance of bounce north is great {image}
Ronnie Renko
  • #9,582
  • May 25, 2017 1:27am May 25, 2017 1:27am
Seriously guys this month has been just unreal for me.Hitting everything right and left getting out right on cue etc.
Happy with results. 25% Account gain far exceeding my 10% goal.
by looking at the graph you can tell losses were minor.
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In trading, you have to be defensive and aggressive at the same time
  • #9,583
  • May 25, 2017 1:33am May 25, 2017 1:33am
Quoting Ced74
Howdy Davit, What can I say.....The Hedge Funds Head Hunting you soon....Smile. I am not one who ask for other peoples opinions but I will be bold...I have gone back through months of history re EURGBP...and may need to be patient with this pair..I do have 30 trades but not concerned....Any thoughts mate. Sorry to ask. Young Ronald.. P.S need the money for that special bottle of wine.{quote}
Ronny I am in same trade. EG has tendency to drag before going into serious correction. I once held a position for 3 months this was after Brexit.
It will come down with positive swap it should not gave concern. In the long Term EG should be at 80
I am looking at 85 and I think we will get there soon.
In trading, you have to be defensive and aggressive at the same time
  • #9,584
  • May 25, 2017 1:42am May 25, 2017 1:42am
Thanks for your reply...Yes those swap fees over several months are a killer...I am tempted at this in point in time re another trade but bad memories remind me to stay away..My problem is boredom..Perhaps I should get a dog to walk every day..I mean a four legged one...Smile
keep Safe.
Ronald
Quoting Davit
{quote} Ronny I am in same trade. EG has tendency to drag before going into serious correction. I once held a position for 3 months this was after Brexit. It will come down with positive swap it should not gave concern. In the long Term EG should be at 80 I am looking at 85 and I think we will get there soon.
Ronnie Renko
  • #9,585
  • May 25, 2017 1:45am May 25, 2017 1:45am
EA going Up again. Its funny every time it hits 1.50 I sell and drops to 4960 then up again.
Cycle continuing. WP is proving one tough nut to crack.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #9,586
  • May 25, 2017 1:47am May 25, 2017 1:47am
Quoting Ced74
Thanks for your reply...Yes those swap fees over several months are a killer...I am tempted at this in point in time re another trade but bad memories remind me to stay away..My problem is boredom..Perhaps I should get a dog to walk every day..I mean a four legged one...Smile keep Safe. Ronald{quote}
with EG is a positive swap! No need to worry could even increase your account
In trading, you have to be defensive and aggressive at the same time
  • #9,587
  • May 25, 2017 2:10am May 25, 2017 2:10am
Yes this is the good thing....If it goes to R110 0r R138 I will load up again as I have 3 other accounts sitting idle.
R
Quoting Davit
{quote} with EG is a positive swap! No need to worry could even increase your account
Ronnie Renko
  • #9,588
  • May 25, 2017 2:21am May 25, 2017 2:21am
O.K I know this is not the place to ask and Davit will be in order to to slap me around the ears......Oander ....I have placed a query in ff re any aussies using this platform but no reply...
I have been receiving phone calls from this company with a $250 bonus if I deposit $2000....Reminds me of the old days with Bucket Shops..Would be interested in any Aussie using this Company.
Ronald
Ronnie Renko
  • #9,589
  • May 25, 2017 2:25am May 25, 2017 2:25am
Quoting Ced74
O.K I know this is not the place to ask and Davit will be in order to to slap me around the ears......Oander ....I have placed a query in ff re any aussies using this platform but no reply... I have been receiving phone calls from this company with a $250 bonus if I deposit $2000....Reminds me of the old days with Bucket Shops..Would be interested in any Aussie using this Company. Ronald
stay fk away from any broker when they offer bonus.Real legit brokers rarely if ever offer bonus and usually shady ones do to lure the unexpected and once your money is deposited it will be hard to take out if at all.
Even the name is shady. Trying to get Oanda like status there by sounding like it.Don't touch it.
In trading, you have to be defensive and aggressive at the same time
  • #9,590
  • May 25, 2017 3:17am May 25, 2017 3:17am
Quoting Ced74
O.K I know this is not the place to ask and Davit will be in order to to slap me around the ears......Oander ....I have placed a query in ff re any aussies using this platform but no reply... I have been receiving phone calls from this company with a $250 bonus if I deposit $2000....Reminds me of the old days with Bucket Shops..Would be interested in any Aussie using this Company. Ronald
I benefited from exactly the same bonus, deposited 2000, got 250 bonus, but from the real Oanda..
  • #9,591
  • May 25, 2017 3:23am May 25, 2017 3:23am
Quoting dttsomh
{quote} I benefited from exactly the same bonus, deposited 2000, got 250 bonus, but from the real Oanda..
Thanks for your reply..It was Oanda..Typing error on my part....Must say I have been watching this company for many years .End of subject now as this question on my part should have not been posted.
Ronald
Ronnie Renko
  • #9,592
  • May 25, 2017 3:46am May 25, 2017 3:46am
Working
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  • #9,593
  • May 25, 2017 4:27am May 25, 2017 4:27am
No work in the box, please tks
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  • #9,594
  • May 25, 2017 5:11am May 25, 2017 5:11am
EURCAD filled in at weekly pivot
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D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #9,595
  • May 25, 2017 7:44am May 25, 2017 7:44am
GBP/US Is finally looking weak after it's long run up
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  • #9,596
  • May 25, 2017 7:55am May 25, 2017 7:55am
Quoting Blackopal
GBP/US Is finally looking weak after it's long run up {image} {image}
hi friend.Its good you are up on this trade however I don't see a weakness. GU can't even drop 38S at 29 Its supported strongly ATM
Plus US economical data lately is getting progressively negative so there is no help from there
don't have much time today.Worked late last night and very sleepy now.
In trading, you have to be defensive and aggressive at the same time
  • #9,597
  • May 25, 2017 7:59am May 25, 2017 7:59am
I don't like shorting NU but looks like its topping off
edit don't short yet please just put on your watch list.
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In trading, you have to be defensive and aggressive at the same time
  • #9,598
  • May 25, 2017 8:04am May 25, 2017 8:04am
My 3rd EA batch running this week.
So far good.
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"Letting losses run is the most serious mistake made by most investors."W.O
  • #9,599
  • May 25, 2017 8:06am May 25, 2017 8:06am
Quoting liamseden
My 3rd EA batch running this week. So far good. {image}
nice have been doing the same got 4rth today
In trading, you have to be defensive and aggressive at the same time
  • #9,600
  • May 25, 2017 8:40am May 25, 2017 8:40am
Quoting Davit
EA going Up again. Its funny every time it hits 1.50 I sell and drops to 4960 then up again. Cycle continuing. WP is proving one tough nut to crack. {image}
I've made several trades off this pair as well. Monthly R100 is at 1.50800- MR78 is 1.49350. It has been bouncing back and forth for a week. I like to look for confluences between WP and MP.
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