Thread: Pivot Trading

Originally Posted by ;

quote Greater than forecasted data....USD bulls may not be carried out yet. . .careful with shorting USD only yet

additionally May 2nd
FOMC Statement
USD
Federal Funds Rate

Keep in mind usually market prices at the rate and that I believe 80% has been.Don't be surprised even if Feds increase USD plummets right after as what we experienced last time around.

Originally Posted by ;

quote also May 2nd FOMC Statement USD Federal Funds Rate

Yep...I think USD might fall post the May 2nd meeting. . .looks like yet another hike is expected and might be priced in today...

Edgar A Don't stop


When things go wrong, as they sometimes will,
once the road you're trudging seems all uphill,
once the funds are low but the debts are high,
And you want to smile but you have to sigh,
When care is pressing you down a little...
Rest if you have to, but do not you stop!

Life is queer with its twists and turns,
As every one of us sometimes learns,
And many failures turn about

once we may have won had we stuck it out.
Don't give up though the pace seems slow...
You'll succeed with another blow.

Frequently the struggled has given up
When he may have captured the victor#8217;s cup
And he learned too late once the night came down,
How close he was to the golden crown.

Success is failure turned inside out...
And you can never tell how close you are
It may be near when it appears so far.
So stick to the fight if you#8217;re hardest hit
It#8217;s when things seem worst that you shouldn't stop.

4h spike UJ at R200.
Still have an eye though on May 2 FOMC though. Will watch carefully

Originally Posted by ;

Edgar A Do not Quit When things go wrong, as they sometimes will, once the road you are trudging seems all uphill, once the funds are low but the debts are high, And you want to smile but you must sigh, When care is pressing you down a bit... Rest if you have to, but do not you quit! Life is queer with its twists and turns, As every one of us sometimes learns, And many failures turn around When we may have won had we stuck it out. Do not give up though the pace seems slow... You may succeed with another blow. Often the struggled has given up When he...

Beautiful...I've read this so many times and it is so true and inspiring. Together with all abilities subject, I think Persistence is another factor that defines winners.

Closed my EA shorts as price nearly reached weekly Pivot.

Originally Posted by ;

quote Beautiful...I've read this so many times and it's so true and motivating. Along with all abilities subject, I believe Persistence is another key factor which defines winners from losers.

Lot of course in life is in character.

Tiger only grabs 10 percent of prey that it attacks and she attacks over and over and probabilities eventually win and tiger lives!
Consider this.Had the tiger even once doubts she will die.How many people want success this badly? Then take! Do your work calendar!Pivots etc.One can definitely see guys here who value others and you also need to look what they do different and emulate.
That's what we do at the Arts.I spend hundreds of hours in museums watching and learning.Its around and its all happen to be done already.Nothing in gambling is new. Pivots were traded by Jesse Livermore back when just few know it. . .no computers he spent hundreds of hours reading paper tape of prices. . .marking pivots that are key. . .That's determination. Every trader worth his salt should examine REMINISCENCES OF A STOCK OPERATOR

UC short.
Just kissed 61.8 Fibonacci retracement.

I know I'm probably early and May 2nd (USD event), but I'm starting to build a small position.

UC

Originally Posted by ;

quote Lot of lessons in life is in nature. Tiger only ches 10% of prey it attacks and she attacks over and over and probabilities eventually win and tiger lifetimes! Think about this.Had the tiger even once doubts she will die.How most people want success this badly? Then take! Do your job calendar!Pivots etc.One can definitely see men here who value others and you need to look what they do different and emulate. That is what we do in the Arts.

To add to the fantastic post, the Tiger also knows when to search, what to search,as well as the qualities of weak prey. Until everything comes together, it is loed in wait in the grass. If there is failure, as you said, it will repeat the procedure. The meal will probably probably be more than worth the issue, when it is right.