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MuniFX replied Jul 24, 2024do what you should always do: play the odds with a strict defined risk-plan (and don't be too greedy with your choosen target price/distance). if it doesn't work out: on to the next opportunity! btw its summer trading time ... the professionals are ...
Pivot Trading
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MuniFX replied Jul 24, 2024imho, price action and chart patterns can give you/us a clue when that MIGHT unfold. waiting for confirmation is less risky than predicting a move that maybe will never happen.
Pivot Trading
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MuniFX replied May 25, 2024Congrats on your oil trades! Just your forex pairs: last 3 weeks you did 70 trades with a PnL% of roughly +-0%. There is room for improvement. What do you think was the reason for your "lack" of performance in the field of forex? It's no critic, ...
Pivot Trading
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MuniFX replied May 17, 2024True..but you posted a trade that is not in line with the method...
Highest Open / Lowest Open Trade
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MuniFX replied May 16, 2024There is no such thing as a "safe" trade.. market can always do something you didn't expected.. We play the odds... You didn't studied the system/thread.. Plenty of gems in here, that already answered your question on "how to decide whether or not ...
Pivot Trading
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MuniFX replied May 13, 2024I'm sorry for not using the private message function for my inquiry. Thank you for your contribution. I will refrain from changing the thread topic. Mr Mwangi you can now continue to post your numerous pivot analyses.
Pivot Trading
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MuniFX replied Apr 12, 2024with the current sentiment on usd rates, i don't disagree with you 1.38 would be slightly above monthly r138, and hence a good opportunity the momentum on higher tfs can make it a quick correction before continue further up.. maybe GreenEarth can ...
Pivot Trading
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MuniFX replied Apr 11, 2024regarding usdcad: yearly r1 is at/around this weeks r100 (1.373x), so might be a good spot to short.. or if breached, one can play the retest of yr1..
Pivot Trading
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MuniFX replied Apr 10, 2024i banned jpy pairs from my tradinglist.. so yeah i missed it.. but i didnt missed nzd/cad .. it was almost excactly the same move.. from r78 to below r38..
Pivot Trading
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MuniFX replied Apr 10, 2024took some profit.. rest of position is secured by sl.. lets see how far it can push down.. if chart forms weekly inside bar.. move can already be over for this week.. (monthly pivot is at 1.082x)
Pivot Trading
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MuniFX replied Apr 10, 2024search for "Fibonacci Pivot Points Ultimate" by Ito_Process
Pivot Trading
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MuniFX replied Apr 5, 2024Hello, what is the name of the indicator that plots the trade outcome (eg. "Sell +39p"). Thank you.
Pivot Trading
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MuniFX replied Apr 3, 2024I sold some audnzd I put a pending sell at wr100 (the untested q1 r1 sits at the same level 1.094x)
Pivot Trading
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MuniFX replied Feb 27, 2024going all in is too much risk for my taste, but i'm glad it worked out for you! congrats!
Pivot Trading