OK so trade 23 was another EU short. Gotta love shorting the EU with that swap, what a beautiful carry trade. Trade lasted 20 days. Made $450 off the swap and $1,735 off of the trade itself, for a total of $2,185, (17% on the account). I do think ...

Time for Change - Pivots & Harmonics to freedom

Terrific post on drawdowns from Davit over at his pivot trading thread. Just wanted to post here in order to revert back to as needed: "About drawdowns This subject is often misunderstood and twisted into gross forum debates and traders who have ...

Time for Change - Pivots & Harmonics to freedom

Yikes that swap is gonna be a killer

EURUSD

Sold UC at R61 and continued building the position at R78 and R100. Some drawdown, and not the best RR, but a winner nonetheless. Plus $210 (about 1%). Wanted out before the weekend. This one was a little messy but the other two trades this week ...

Time for Change - Pivots & Harmonics to freedom

UC long off the R38 rejection, took profit at the R61. Just a quicky. +$222 (just under 2% profit). No pics because these last few trades have been off my phone. 21 winners in a row now.

Time for Change - Pivots & Harmonics to freedom

Quick UJ short after it blew north of all of last week's pivots. Figured a retrace was imminent. Only made $307, about 3%. Huge negative swap on UJ so had no interest in holding. That's number 20!

Time for Change - Pivots & Harmonics to freedom

Turns out price did want that pivot before it moved up. Added 1 lot at the pivot bringing average price down to 79.31, took profit back up at the R38 at 79.58. Price may make it to the R61 but it's Friday and wanted to get flat for the weekend. ...

Time for Change - Pivots & Harmonics to freedom

Next trade, AJ. This is more by the book (as long as I can maintain a proper stop). Price broke through the R38 several times and is consolidating directly below it. Price failed to get back to the pivot on the retest, and there is a bullish ...

Time for Change - Pivots & Harmonics to freedom

Shortly after that EU trade I longed A/C off the pivot, still not a great trade, need to get back to honing my entries like I had earlier in this thread. However it was still a win. +$500 (5%). 18 winners in a row. The trade tracker includes ...

Time for Change - Pivots & Harmonics to freedom

Shorted E/U too early, but absolutely LOVED that positive swap. By the time I got to full position size and after the Fed last raised rates, I was making $148.26 per week just sitting on that short. I was in it for about 3 months and ended up making ...

Time for Change - Pivots & Harmonics to freedom

Forex Factory charts. They are aggregated from multiple brokers. I do my advanced charting on MT4 but use FF for monitoring trades. That way you never have to worry about short-term broker specific price variances.

Minimum exchange rates (Black Swans)

Didn't get a screenshot of this latest one, it was all done off my phone using ActionForex weekly fib pivot levels and a solid understanding of current market sentiment. Long USD/CHF. +$1,320 (14%). Gotta love the positive swap on this baby at ...

Time for Change - Pivots & Harmonics to freedom

I don't own any cryptos, but I do believe in the concept. My biggest issue is since it is not unique to any one government, country, or central bank, what is the purpose of having multiple types of cryptos? I see only 1 being fully relied upon in ...

Do you own Bitcoin? (Poll)

Took me 8 years and I still don't take my profitability for granted, though it has been consistent this year. Biggest thing that helped me is widening stops and looking at the bigger fundamental picture of each trade & market sentiment. Still use ...

Break-even phase before becoming profitable?

OK I lied. Snuck in number 15, one more quickie before NFP. Beautiful UJ long off bullish harmonic with confluence at R38 & past structure. Absolutely ZERO drawdown on this one. Take profit was R61. In & out, 7 hours, plus $631 (7.2%).

Time for Change - Pivots & Harmonics to freedom

After that last trade, AU had dropped back to that same level, so I bought again. This one wasn't so easy. Had some drawdown but added to the position accordingly and it took 8 days but ended up working out. Certainly not my cleanest trade, but I'll ...

Time for Change - Pivots & Harmonics to freedom

Ahhh couldn't help myself last night had to squeeze in one more. Lucky number 13! Beautiful setup, absolutely textbook trade. Only 5 pips drawdown. 12 hours, 50 pips, $1,000, +12.2%. This also makes + $2,023 for the week which is the first time I've ...

Time for Change - Pivots & Harmonics to freedom

Well I slacked on the "tight stop" aspect of it, added to it instead, pretty sloppy, sat through some drawdown, but it ended up working out great. + $1,023 (14%). This one may go further but there is high impact news for CAD coming out tomorrow ...

Time for Change - Pivots & Harmonics to freedom

Long UC off the R78. Tight stop on this one....

Time for Change - Pivots & Harmonics to freedom