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MuniFX replied Jul 18, 2023Was asleep, missed closing opportunity after nzd news. Trade is still open and atm in dd. I am curious if we undo last weeks move, or if correction is soon over.
Pivot Trading
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MuniFX replied Jul 18, 2023will decide after cad news if i add to eurcad or wait some more
Pivot Trading
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MuniFX replied Jul 14, 2023as a reminder: also davit states on page 1.. Should price smash 100 S/R then you are in strong trend supported by fundamentals. at this point its countertrend trading (what i did).. and not really in line with davits pivot strategy
Pivot Trading
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MuniFX replied Jul 14, 2023yes. i am aware that fundamentals dont respect these levels. thank you for sharing your thoughts.
Pivot Trading
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MuniFX replied Jul 14, 2023disclaimer: for consecutive entries i try to get the average price as close as possible to the next weeks pivots (for shorts - above next wpp; for longs below next wpp) , the entries may lack the confirmation of price action and therefor might be ...
Pivot Trading
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MuniFX replied Jul 14, 20232nd entry eurcad at 1.4825 (above r161 r3 145% adr) average price at 1.4742
Pivot Trading
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MuniFX replied Jul 13, 2023being wrong is part of the game your concern is valid because trends can be longer then one can anticipate question always is what can you tolerate to risk if you are wrong if the risk makes you feel unpleasant its better to step away and wait and ...
Pivot Trading
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MuniFX replied Jul 13, 2023no pain no gain, no risk no fun, you can do whats comfortable to you, but might miss opportunities, not trading when you dont have an edge is a valid decision.. only you can decide if you want to participate i see lots of opportunities, an option if ...
Pivot Trading
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MuniFX replied Jul 13, 2023added 2nd trade gbpusd at 1.3105 (above r161, r3, 140% adr) average price at 1.3025 what a move...
Pivot Trading
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MuniFX replied Jul 12, 2023closed gbpnzd for +230, r100 back to pivot, textbook move one can only love this pivot strategy...
Pivot Trading