AN +165 pips. Target exit zone was this weeks pivot around the 1.0560-70 region. Slightly more tricky pair to trade at moment given the fundamentals around both AUD and NZD are shifting to more dovish outlooks. Made decision to exit as the price ...

Pivot Trading

Hi Bulent - Davit posted this chart yesterday. Take a look at the proposed PA. It backs up the fundamentals on NZD I also mentioned on Friday last week that NC might make a reversal back towards this weeks pivot, before turning lower so short NC was ...

Pivot Trading

AU trade set-up worked out nicely. +500 pips across two MT4 accounts with the move from pivot to S38 and S61. image image One thing I have noticed, in trading this method over the last month, is that it's highly visual. This is great, as the ...

Pivot Trading

Grabbed another +120 pips on UC on the bounce from DOL to weekly pivot. Have a couple of position remaining on UC. Account up +24% for July MTD with focus on Pivot trading method only. image

Pivot Trading

Grabbed another +250 pips on UC long. PA couldn't make it past prior day lows and with strong US data yesterday, targeted the move back up from S38 to pivot - which played out pretty much exactly as planned. image Still short AU and with a missed ...

Pivot Trading

Likewise - with you on this AU trade. Weekly pivot hasn't been traded at this week so stands as a good target and perhaps even beyond. image

Pivot Trading

Be careful going long NC - NZD fundamentals are weak at moment. There may be a pop up to S61 or S38 (and potentially we hit next weeks pivot from where price will retrace?)- but would be thinking about being short NZD at moment based on ...

Pivot Trading

Cheng - your screenshot doesn't give any price levels, so difficult to ascertain the price level of your pivot. However, in general, I wouldn't worry about micro managing the settings on the indicator. I am also GMT+2 and I loaded the indicator and ...

Pivot Trading

Hi Cheng, Pivots are levels that change each week. This weeks UJ pivot around 101.20 was hit early on Monday and has, as you mention, displayed strong upward momentum all week and currently sits in between the R161 and R200 levels. Given today is ...

Pivot Trading

I would urge everyone following Davit's method to PRINT OUT PAGE 1 OF THIS THREAD and put it on your desk in front of you - or pin on the wall next to your trading terminal. This way you have a visual reminder of the method, every time you trade. If ...

Pivot Trading

I'm with you on NC. Exited with good green pips - but with a review of the trade, there was still significant profit in the trade. Pivots have been respected in the move down though - First part of the week R38 was the ceiling and now we have ...

Pivot Trading

Closed AC +350 pips, NU for +170 pips and NC for +430 pips. Account up 15.6% July month to date. Love these pivots!

Pivot Trading

Agree with your statements Davit. Currently +350 pips in AC - hit R61 twice, plus it still hasn't touched the weekly pivot. Have batches short on both NU and NC as well.

Pivot Trading

Another +220 pips on AC. Further trades trades in AN and ACHF added +100 pips. +8% overall on my account in July to date. image

Pivot Trading

Thanks As regards fear and greed - reduce your trade size to the smallest possible (0.01 lot) and then apply ME/ME as PA dictates. You can't trade if fear of losing is an overriding emotion. Reducing trade size will help with the process of managing ...

Pivot Trading

3 good set-up's yielding positive pips and in total generated 4.7% return on my account. UC +315 pips - ME/ME across 4 positions with weekly pivot the target exit point for trades. image NZ +310 pips - ME/ME across 5 positions again with weekly ...

Pivot Trading

Agreed - I'm slowly peeling away the layers of indicators built up over time. Old habits die hard. What's encouraging though, is that in trading this method this week, my focus was on PA around the pivots and S/R levels, rather than the indicators ...

Pivot Trading

Whats amazing about this approach is the frequency with which weekly pivots are 'hit' at some point during each week. After three periods of consolidation around R38, the weekly pivot for UC has just been hit and I reached the profit target on my ...

Pivot Trading

Have followed pivot based trading for a while in combination with TDI. With all the volatility around GBP and EUR - have tried the more range based pairs over the last few days and the method is slowly paying dividends. Currently +180 pips across 4 ...

Pivot Trading

Hi Drjagmd - just wondering where to find the R multiple indicator used in the above screenshot. Have been searching for this tool for a while. Thanks

Trade What You See - Almost Naked Trading