Davit. Hello my friend, Glad to see you back helping new traders learn this game. It is very rewarding even though so few make it. Keep re enforcing trader psychology. That is where the holy grail lives, in each successful trader. Don't let the ...

Pivot Trading

Moved stop to 1.1286. Not quite BE because it needs breathing room image

EURUSD only

Long orders hit. Current price looked topping so I closed and went short at 1.1267 image Edit - all other orders still in place except t/p on short moved to 1.1237

EURUSD only

Target acquired. Hope to get a reload tonight if any firepower to move this up/down. Buy orders around 1.1250 Sell orders around 1.1315 Stops about 70 pips above/below Target is the other order

EURUSD only

Yes, the path the Jedi takes can be confusing. Be alert, one must be, to change. For inversion of the yield curve can consume us, as it did to Obiwan's apprentice

USD/JPY Discussion

This is a very large playground. Almost 3 cents. So be sure to wait for price to come to you. Or be prepared to place low lot sizes if you plan to accumulate. 3 cent is big and with the higher high lower low setup, probably be in this range until ...

EURUSD only

Interesting start to the week. I see the 1.1300 area as quite important. I suspect the movers will tip their hand on Tuesday so I am ready. The wick from last weeks candle makes me want to trade short side. But the Fedspeak is so dovish makes me ...

EURUSD only

I did not make a "comment" that George has dementia. I was asking a question. The member George Aus, was posting and were referring to "George", in their posts. George AUS has since posted he was under pressure. Trading for a living is hard, this ...

Price action at the core / tma intra day

Go to bank and deposit the monies for the 940/941 filings before the 29th. I believe (but may be wrong) the interest accrues each month on the 29. The deposit for estimated taxes was due Jan 15. Does not need to be exact so deposit more than the ...

Pivot Trading

I don't mind passing on knowledge to those who want to learn the business or trading. But I think this thread not suited for me. I am a humble person and do not want to engage in debates, I don't have a horse in this race and too many know it alls. ...

Pivot Trading

You know absolutely nothing about the tax system in the USA. I have never had a visit from the IRS and been in business for 30+ years. The taxman does not chase you down like they do in your country. The taxman in my country attaches wages, ...

Pivot Trading

And here we are, the trade does not believe the man behind the curtain and the little dog pulled the curtain away! Some dust needs to settle first so stay small, stay nimble. Peace. Out. Done for the week

Entry Unholy

I think I told you this before, but if you do not receive a 1099 from your broker, you do not have to report the income as taxman is not even aware that you have the unearned income. That I do not believe has changed. can go to taxman dot gov ...

Pivot Trading

Thanks for the well wishes. I have lot's of rules and getting out when losing, or when ill, is at the top. I have really bad cold and it is infecting my trades as well, lol. I will call in sick tomorrow (I still do that, habit) and will be on light ...

EURUSD only

I am out for the week. I have no idea what the movers are doing. Appears they held price up to get everyone thinking bull so they could sell into strength. But just theory now. Need to see the tale of the tape first Edit - Had a bad week anyway, so ...

EURUSD only

I have not received a buy signal yet as this pair has gone straight down, back to where it was before we got the "all clear" from Powell. As of now, I am rethinking. Was this a real move up or a stop run that got out of control? I had thought the ...

EURUSD only

The Powell has spoken and he said NO RATE HIKES FOR YOU I love these magical moments when all you have to do is sell USD with discretion of course.

Entry Unholy

Oh yes indeed I am catching. I am posting Davit chart so hopefully not banned. But no effect either way I am not Davit student so don't subscribe to me but I am on this scalp. image

Pivot Trading

And it all changed when the man behind the curtain says "No rate hikes for you" Draghi does not matter Brexit does not matter It's all in the cycles Good USD data - sell USD Bad USD data - sell USD It's a magical time when 10% per month an easy ...

Pivot Trading

Took traDE OFF before FOMC as anything can happen. And it was a good thing as the FOMC now not raising rates at all. Does not mean I will be in shorts this pair but more likely selective longs, like right now. Long 110.45, will add at 110.35. SL ...

USD/JPY Discussion