Nice trades Davit. +300 pips on short UC. Nice start to Sept.

Pivot Trading

Have my limit orders for UC similarly stacked at R78 and R100.😀

Pivot Trading

Agreed - jumped the gun with UC shorts. Exited my small initial position at breakeven. Now at R61 so let's see if pushes up to R 100 or breaks down to weekly pivot zone.

Pivot Trading

Agree with logic - profits and drawdowns can correlate with lot size. However, I'm careful to build positions in pairs where I understand the fundamentals and generally trade those pairs in one direction. For example UC, NU, NC and AU, I trade 99% ...

Pivot Trading

short UC with weekly pivot zone of 2950 as initial target.

Pivot Trading

Couldn't agree more with Davit. I've focused solely on trading this method for the last 2 months. I have however been following pivots and the logic around wave theory, harmonics for much longer, but this is the first time that it has all come ...

Pivot Trading

NU, AU and NC shorts all paid off in style this week. +1,150 pips across 16 short positions in NU. Added at R38, R61 and R78. Price briefly touched R78 before making a significant reversal through the weekly pivot. image +450 pips across 13 short ...

Pivot Trading

In NU and AU shorts. Closed previous NU, EG, AU and ACHF shorts. Been tricky few weeks with some drawdowns and patience levels have definitely been tested, but the pivot levels and missed pivot levels have held firm as price magnets and subsequently ...

Pivot Trading

indicator files attached.

Pivot Trading

Hi Arjun, I can see the logic in your AU long (the continued up move in the channel you draw) - however the pair has moved up considerably over the past few days and the fundamentals of AUD are weaker than USD. There has been a grab for yield over ...

Pivot Trading

Hi atraderfx. No problem will add it to the paperclip. It is called Auto_pivot_weekly_plotter. To be clear the primary pivot indicator that I use is Davit's Pivot V2. This provide the data and text for each pivot level. The reason I use the Auto ...

Pivot Trading

Just been reviewing my trades over the past 6 weeks since I started focusing my trading around the pivot method. Account growth is +40% since July 1st. Equity curve is showing a consistent upward trend. image This was done trading pairs I have ...

Pivot Trading

Lot of people will be short AUD and NZD pairs. I have a basket of AU, NU, AC and NC shorts and all in drawdown at moment. I managed +500 pips in NU basket from the tail end of last week and +150 with UC basket, but the PA this week is dominated by ...

Pivot Trading

Big flight to commodity currencies in the wake of BoE cut - 'risk on' play with dollar and sterling selling off. Beware of fundamentals of AUD and NZD though. AUD has just just cut and expectations for RBNZ is for a cut on 10th Aug. This may well ...

Pivot Trading

Agreed - Aussie is holding up, but the rate cut and weak data will eventually flow through. I'm short AC and AU at R38

Pivot Trading

Missed this set up as haven't traded Euro pairs using the pivot method, however this EC set-up is a great example of how to trade this method. Refer back to page 1 of the thread; 'Here is how to trade pivots. As price travels progressively away from ...

Pivot Trading

NU and NC approaching their weekly pivot zones - which for both pairs have not been hit this week so far. Currently up nicely in both pairs; +291 pips NC and +361 pips NU. Ideal exit for both will be in and around the WP zone. image image

Pivot Trading

+105 pips EG from R38 zone to weekly pivot. Will refrain from any further positions in this pair until after BoE rate decision on Thurs. image

Pivot Trading

Back from Hols - refreshed for some more Pivot trading. Sold AU yesterday with PA and TDI turning negative. Gained +180 pips from move to the weekly pivot zone, as target for exit. Nice start to the month. Also hold basket of NC and NU shorts. ...

Pivot Trading

Great trading everyone. I'm away on vacation for 10 days now, so will come back refreshed for more pivot trading in August. Closed my first month trading pivots at +25% account growth, which is awesome.

Pivot Trading