Hi Pipsniper - Yes NC looks a good set-up - but be patient on the entry. TDI hasn't crossed yet and if you look at a 4hr chart, there is a very clear upward channel - of which price is now right at the peak of. Wait for price action to confirm ...

Pivot Trading

Great post and couldn't agree more. My stats aren't quite in Davit's league, (73% won 27% loss with 6.7% max drawdown). I have a smaller sample size than Davit, as been focusing solely on this method since 1st July - but the same kind of metrics ...

Pivot Trading

I'm with you on this one. Also short UC from R78 and added to position at R100. Had a small drawdown, but it is manageable because of small trade sizes. We've had near on 500 pips from S61 to R100, so some patience required to make some green pips ...

Pivot Trading

Nice trading wizlon32. Also short EC and UC from R78 and R100. As Davit mentioned these pairs should start to move as we approach the Sept Fed meeting.

Pivot Trading

Interesting set-ups already this week. AUD still getting hammered; ACHF already approaching S61, AU nearly between S38 and S61. EA is approaching R61 CAD still getting hammered; UC continued upwards and approaching R61. EC also hit R61 EURO & USD ...

Pivot Trading

Also R100 (circa 1.4825)on EC this week represents a strong resistance zone over the past 6-9 months, that this pair has often fail to breach.

Pivot Trading

Watching EC. Could be primed for a wave reversal. image PA is already challenging R61, having made a near 500 pip unchallenged upward move over the last week. Weekly pivot is 175 pips away to the downside so will watch price action around this ...

Pivot Trading

Hi bakamx. Always difficult to base trading decisions on and decipher price movement from news events. In this case CAD employment was up, but unemployment rate ticked higher to 7% and taken with the GDP contraction of 1.6% in Q2 - from a news ...

Pivot Trading

Another target achieved for +200 pips. Even though CAD employment increased, the Unemployment rate ticked up 0.1% to 7% causing a spike in UC. Had positioned for a move towards the weekly pivot and was duly reached. Loving this method. Done for the ...

Pivot Trading

Target achieved +300 pips on this batch of trades. +1130 on AU this week. image Using pivots, S/R levels and Price action, has allowed me to trade and build positions from R138 down to the weekly pivot. Incredible This is simply the most ...

Pivot Trading

Don't usually trade UC on the long side, however felt this was a good opportunity, especially given price moved away from pivot so quickly in the first part of the week. Exited this morning for +400 pips. Have left a small residual position, as have ...

Pivot Trading

Once again spot on Davit. Entered a small AU short yesterday at the R100 level. Price then popped up to R138 where added to short and then watched it fall hard to R61. Total +830 pips. Have a small residual AU position to see if price ...

Pivot Trading

Spot on - took the trade, but fat fingers with my take profit target, meant I'd input 1.4450 instead of 1.4550 . Doh! At least some green pips...but as you mention, the trade idea (reversal at R78 to weekly pivot) worked again - which is the main ...

Pivot Trading

Nice trading Arjun - like your analysis and input to the thread. Also took this trade from S38 to pivot. Exited with +200, may re-enter on any pullbacks.

Pivot Trading

Renewed AUD and NZD strength this morning - closed out ACHF for +220 pips and was long EG from S38 to weekly pivot, which also closed out this morning for +200 pips and closed GU shorts for +250 pips. If GU bounces up towards R61, I might reload ...

Pivot Trading

NU still being chased higher at moment. Slightly nerdy analysis, but the price spike of the last 30 mins has just taken out the one of the three remaining higher missed weekly pivot points (excluding this weeks) of the last 21 months at 7450. The ...

Pivot Trading

NU (and AU) both overextended now at R100 zone. Not that I trade divergence - but there is divergence on NU over the last 10-15 hrs. PA is still king and there has just been a 1hr pin bar on NU so will continue to watch how it moves. I'm still short ...

Pivot Trading

ACHF trade attached image

Pivot Trading

Wow - what a difference a week makes! Been away on business, with limited time to trade and post. In that time though the thread has exploded with positive input. Great to see new pivoteers on board and making green pips. Currently stalking AU and ...

Pivot Trading

Exited two thirds of my UC positions for the +300. Will hold rest with weekly pivot as target. UC yet to trade at pivot level this week so far.

Pivot Trading