Price is only just coming back to the high from April 2016. Does that mean it has to get back to this point a third time to smoke it off? I get that price action is very bullish but agree with redalert that RBA not likely to look at current exchange ...

AUD/USD

please define "record highs", my charts show 1.1079 was achieved back in 2011ish.

AUD/USD

I don't see it. Maybe on AJ but EJ & UJ are 100+ pips off.

Pivot Trading

Largely well said, but why is it that most of my trades end up being medium to longer term?

AUD/USD

I think skyrek was comparing 20 pip stop to 100 pip target.

AUD/USD

In hindsight an excellent place to have exited but given TDI still showing strong separation and all timeframes except daily pointing down + it hadn't reached WPP I'm trying to learn why you closed? On EJ I have a wide net of small trades open from ...

Pivot Trading

Maybe save yourself some time when you are removing someone as it seems to be for the same/similar reasons (lack of experience, not having read page 1 etc). Save link to above post and just refer them to it. For those of us who have read all or most ...

Pivot Trading

In just over 12 hours we have 3 bank governors (Canada, England, Japan) + Draghi each scheduled to speak. Guessing that's not normal and we could see some fireworks?

Pivot Trading

Pretty much sums up where I'm at too, plus a shortage of time until next year & recent computer issues but in spite of all that have recently taken my first EC, EJ & EU (all short trades). Love the thread, Davit & co so keep up the great work!

Pivot Trading

Curious as to how the plan worked if plan was shorts starting from 7775 and price only got to 7750?

AUD/USD

Vorex, glad I'm not the only one doubting jpcashflow's claims - I don't understand why people feel the need to post self congratulatory info which comes across as so fake. Who is going to believe jp has been holding sells from at least April 17 ...

AUD/USD

I understand that Davit's system gives higher probability of success on AU longs at present but just tread carefully (perhaps smaller positions than usual) this month, there's something about May price action in 6 of last 7 years..... High to Low ...

Pivot Trading

Agree that AC is at a good point to short based on weekly chart but don't you normally wait for price action confirmation before taking the trade? (Or is that only for the pivot system and you have taken AC based on weekly chart?) EC one I'm staying ...

Pivot Trading

was it url or a different one?

Pivot Trading

More Aussie jobs to go url MG closing 3 of their factories - 1 this year and 2 next year (that's on top of much larger job losses later this year in automotive industry)

AUD/USD

Personally I think using a stop loss is more like trying to sail with the anchor down. Largely I've stopped reading this thread as it seems dominated by short term thinking. If you scalp, use a stop loss or watch the position. If you trade longer ...

Trading without a stop loss!

Depends on your position size, account balance, time available to trade etc etc. It might be fine for some and good luck to them. Just scalping is not for me. I'd rather target 50 to 100 pips as my minimum and aim for multiples of those in a month. ...

AUD/USD

You seem to post a lot in A/U thread recently but only have had the one trade on A/U in your link. Is your focus sharing thoughts on A/U or drumming up followers? Maybe it's just me but I don't want to have to watch a video link to know what someone ...

AUD/USD

Not sure where MrPresident got the one posted, personally I prefer what I believe to be similar info in graphical format available at either of: url or url

AUD/USD

I would have said Non Farm Payrolls. FF calendar showing it as Non-Farm Employment Change

Pivot Trading