Pivot Trading

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quote 2.3%, actually. 2.0% was anticipated. Therefore it beat expectations. Attention to detail is crucial.

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Damn. . I was listening to live and didn't listen to that the 2.3 then discovered the 2.0 following for its GDP price index and got them mixed up... was at work in that time so forgive me

Edit: And the guys on live talk so quickly. . IF nothing else then it really does help to verify the end of the bull run with greater than anticipated GDP not causing it to continue.

I guessed that might happen to be honest on account of the earnings reports before this week. . CAT for example came in with earnings and -6 % shut in the close of the day. . This to me shows weakness in america economy.

I truly think raising rates will turn out bad for the US... government debt is so high right now and of course household debt is at record highs... Can people deal with interest rates climbing more?

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quote Damn.. I was listening to live and didn't hear the 2.3 then discovered the 2.0 following for its GDP price index and got them mixed up... was at the time so forgive me Edit: And the guys on live talk so fast. . Nothing else it really helps to verify the end of the bull with greater than expected GDP not causing it to continue run. I guessed that might chance to be honest on account of the earnings reports earlier this week. . CAT for example came in with greater than expected earnings and they shut -6% at the end of the afternoon....

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Dollar bulls could only be taking profits ahead of an unclear weekend (NAFTA).

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quote Dollar bulls could only be taking profits before an uncertain weekend (NAFTA).

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Yes that is a very real possibility

It might go upper but I am tired of the xauusd. GA, GN, EA, EJ were great. This is sufficient for the week. Now is the kings day in Netherlands. Lets have booze, etc. and music. Https://www.forexforum.co.za/attachments/1524888860.png
Thanks all.
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I had a great week complete way over 10 percent to its month.Could continues to be lot greater week was holding EA UC for BO which so much has not occurred but was in good profit....at one stage both pairs...
That is how it is sometimes it breaks you make lot of money other times bounces right up ingesting the profits.I learned to accept it.
My graph for this week.Let that the haters start...https://www.forexforum.co.za/attachments/1524888864.pnghttps://www.forexforum.co.za/attachments/1524888865.jpg ideal score! Https://www.forexforum.co.za/attachments/1524888865.jpghttps://www.forexforum.co.za/attachments/1524888865.jpg that is $440 per day of trading this week.Certainly beats my routine occupation.

Thank you for your participation! And wish you good results
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PLAN:

Monday:
NZD Business Confidence
AUD RBA Gov Speaks
Wait and see what happens.

Tuesday:
AUD Cash Rate 1.50 percent, anticipated no change but if they'll increase... AUD will rocket into the skies!
AUD RBA Condition Declaration
GBP manufacturing PMI anticipating red 54.9
GBP maybe go lower at the start of the week
CAD GDP: anticipating green amount 0.3 percent
USD ISM Manufacturing PMI 58.6 anticipated
so after GBPUSD will drop down then maybe buy GU
CAD BOC Gov Poloz Speaks - anticipating nothing special here

Wednesday:
NZD employment shift anticipated positive 0.6 percent
NZD unemplyment rate 4.5 percent no change
if green amounts then will hunt setup for longs on NZDCAD, maybe NZDUSD

GBP construction PMI anticipated green number 50.9
here maybe hunt for longs on GBP

Crude Oil Inventories
USD ADP Non-farm-Employment Change anticipating worst 194.
FOMC, Federal Funds Rate anticipating no change 1.75 percent
maybe dollar at the start of the week will enter correction

Thursday:
AUD Trade Balance anticipating green amounts: 0.95B
nevertheless holding AUDCAD longs. So maybe AUD will get electricity this week.

GBP Services PMI anticipating green amounts 53.3
so after correction about the GBP maybe GBP will start to gain
CAD Trade Balance no forecast nonetheless
USD ISM Non-Manufacturing PMI 58.1 anticipating worse

Friday:
PAYROLLS ELDORADO DAY
AUD RBA Monetary Police Statement do not really understand what to expect
USD Average Hourly earning m/m 0.2 percent
Non-farm Employment Change PAYROLLS: anticipating quite positive : 185K
Unemployment Rate: anticipating lower 4.0 percent


very mixed week. Hard to say...

TO ALL THE TRADERS WHO DID GOOD TODAY AND MOREOVER POSTED THE RESULTS. CHEERS TO YOU GUYS. https://www.forexforum.co.za/attachments/1524768408.png https://www.forexforum.co.za/attachments/1524768409.png

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quote Oh yeah, on the same trade as well . . Nice ... picture

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that I chickened out, shut it for 35 pips ... Should've stay riding it . . Pivot really helps me providing a structure to the price. Thank you .

Euro falling nicely now
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Closed EURJPY @WP and EURAUD @R38 500 pips. you helped me a lot with your post changed my mindset. Deeply grateful for what you're currently doing.

This week's equity curve

https://www.forexforum.co.za/attachm...1766962016.jpg

And since I've been following your egy (red line onwards)

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quote I do not think that it is all about resolve in my humble view. When you maximum position size is reached and your highest possible dollar stop hit, get out, and begin again. This prevents a astrophic loss in a fashion. Furthermore, if that does occur, a trader will stop selling resistance and start buying support using the pivots as a benchmark.

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That I was not clear in my article. I supposed that the ECB and Draghi news caused some initial buying of the Euro in a bid to 'spook or 'trick' us. By holding company and keeping faith with all the pivots we've been rewarded https://www.forexforum.co.za/attachments/1524768437.jpg

Hello and all! I've subscribed to the thread a month and have been after the transactions and a few of the members have obtained. Just hoping to get the logic behind his transactions. I am also reading the 1st page over and over again. Then trading tried using the machine but I dropped and that I know I am doing it wrong. Then now, a light bulb works. It's really about probabilities about where the price may pivot or reverse, based on combinations of numerous variables (fundamentals, price action, the loion, etc) to put more weight on that probability (to the layman like me, most likely to happen).

And then I should keep emotions in check. Many times I am more concentrated on the money being lost or obtained at the moment, making me excited or depressed. The focus should be on the process the commerce was taken by me and then assessing the transaction went on, to find where I made a mistake, which improve and I need to keep within another series of transactions. Another thing would be to be mindful of market events and attempt to grasp market sentiment to associate it where the price is in this time. So when the price is in the zone, then variables shing - take the transaction without hesitation.

Sorry for this long post. It is only me being joyful that I found an extremely valuable system (also free https://www.forexforum.co.za/attachments/1524768437.jpg) and a ribbon that has members who want to aid fellow traders succeed. Thank you . Fantastic luck to all. Green pips!

John
from Philippines

EA exchange 500.
Should have shorted at 100R but missed the ship.
Beginning to come together now and making steady profits.
Thanks https://www.forexforum.co.za/attachments/1524768437.jpg

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quote I chickened out, shut it for 35 pips ... Should have remain riding it . . Pivot helps me giving a structure to the price. Thank you .

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In the event that you chickened out, do more Mark Douglas. Get your position size to a place where you trade properly and never think about profit and loss.

EA 300
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quote If you chickened out, do much more Mark Douglas. Get your position size to a loion in which you trade properly and not consider profit and loss.

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Yes, just what I need, a very clear head just to trade, thank you .

GBPNZD Weekly R138 and Monthly R61 are at same level to the pip (well at least on my chart)

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GBPNZD Weekly R138 and Monthly R61 are Exactly the same level to the pip (well at least on my chart)

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Eliminated

Closed EJ really nice gain! Https://www.forexforum.co.za/attachments/1524768440.pnghttps://www.forexforum.co.za/attachments/1524768440.pnghttps://www.forexforum.co.za/attachments/1524768440.pnghttps://www.forexforum.co.za/attachments/1524768441.jpg 976
Trade I posted basically shared. $660 not bad certainly defeats my reg job wages
that's only 1trade....lot running stillhttps://www.forexforum.co.za/attachments/1524768441.jpg
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Still stalking AJ for longs
clearly its ranging and may fall lower supplying excellent pair to construct solid longs
I often trade commodity pairs against each other AUD NZD CAD and throw in the Yen. The majority of instances these currencies move method.
One really can exchange completely without USD
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Keep running EC, EA. is the key. Was many set ups it's crazy. Https://www.forexforum.co.za/attachments/1524768444.jpg But I gave all of my love into two. ( by love I meant all of my AC possible margin https://www.forexforum.co.za/attachments/1524768444.jpg)

Hello world (my initial post)
Hope I am right...

Initial thanks

reason behind my commerce:
1) great support
two) TDI
3) Angelator
4) last but not least shark 4 h..

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EA 800 pips, pleasant entrance was karma off R78 but overlooked it waited for pullback to enter https://www.forexforum.co.za/attachments/1524768447.jpg
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Followup on the post#17,646

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EA Closed with 1868 points
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Best regards

S100 holding. Channels are broken at least for today but next week will give more information. Will North Korea news possess a t effect on this pair because of china? Don't think so. Eyes on PPI news for this particular pair. All the Best.

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EA looks promising.Waiting another drive north to 38R that's proving range ceiling I frequently discussed range trading is my preferred sort of trading.Don't be afraid of range.You might of read a lot of garbage from other systems which range kills etc etc.Well it does not kill actually its my favorite set up to earn max dollars.Importance is identifying it. image

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Ranging just like trading the Zone between R38 S38 fine for profit searching I would say...

Impressive thread, I have been wondering if you could make a dashboard like the screenshot below to show all the 100,78,23 SR levels
https://www.forexforum.co.za/attachm...1309704049.jpg
https://www.forexforum.co.za/attachm...1254760116.ex4

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EA chose not go up anymore so hammered it.Growing legs anglator is your buddy look below always. H1 H4 D red.Well who am I to argue with red it is! image

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Glad I stumbled across this thread, I have been investing in a virtually identical system using murrey math lines, But I like such fibo points a little more. . Just 1 thing My angleator does not seem to display anything... Not that I want it, I can still work out a likely situation based on price, but it would be a useful little bit of information to carry onboard...

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CLosed EG S @S100 image DD at EA S, EC S

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Sold at Service? Why?

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quote Sold in Service? Why?

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Https://www.forexforum.co.za/attachm...1253409430.jpgThe EG motion was low ...

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Impressive thread, I have been wondering if you could make a dashboard as the screenshot below to show all the 100,78,23 SR levels picture document

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please stop right there.I don't need any dashboards! Its not about only pivots but PA Its and also not difficult to LOOK at the charts.
Try posting your transactions rather than wondering how you can make a system idiotic!Too late on this

You are also removed from here! No offense but haven't seen you trade my system but currently attempting to improve on 1st article!!! .Try drawing on an apple !

NChttps://www.forexforum.co.za/attachm...4156692619.jpg
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quote Sold in support? Why?

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Pay attention please he explained closed in S100 not sold

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quote Did you read the 1st page? Yes or No Out of all wonderful opportunities you post a fking BS chart and you're waiting to buy!You watching PA? You're watching EU?

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Hi davit recall these one when I say awaiting buy. I get 100 point from your own system....thanks
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NCpicture picture

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Couple of nice trades out of you I hope you're getting your mojo back.

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quote pictureThe EG movement was low ...

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Please do not add MA's into my template and stop circling it matters! It does not matter!
Its a warning to you! Read 1st page in yelling orange

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quote Glad I stumbled across this thread, I have been investing in a virtually identical system using murrey math lines, But I enjoy these fibo points a little more. . Only 1 thing My angleator does not seem to exhibit anything... Not that I want it, I could still work out a probable situation based on price, but it would be a handy little bit of advice to take onboard...

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try installing my template.Its a common sense thing to do right?Or can it be painfully hard for you? Allow Me to know

Moved my SL on EG to 88 to shield profits.Don't need to return to market.So far not hit yet