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Gmo replied Apr 6, 2023In the years I have been trading Davit's concept there is one simple indicator I recommend. The Previous Day High, Low and Close. Use in conjunction with the Daily Open and London Open. I express gratitude to Erebus for insight into this simple ...
Pivot Trading
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Gmo replied Jan 14, 2021USDX Futures Although I do not now trade Futures, I have to use Trading View to observe USDX or Investing.com (without Weekly Fibonacci Pivots). USDX has been in a solid downtrend for months! With Biden's proposed $2T "Aid Plan" will USD strengthen? ...
Pivot Trading
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Gmo replied Jul 31, 2020Egbert too! EURUSD Pivot Levels differ by more than a few pips from Oanda, Blueberry & FXCM image Modest Trade EURUSD image
Pivot Trading
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Gmo replied Jul 24, 2020ako...... What Pivot Levels are you using - they do not correspond to Weekly Fibonacci Levels? AUDJPY: Classic Davit Set-ups! Captured advance from break of triangle above WPP 7-20 to exit R138 (+964.3) Entry Short 7-22 (Shooting Star), break NY ...
Pivot Trading
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Gmo replied Apr 3, 2020USDJPY Very Risky Trade! Exited +539.6 NFP!!!! APB candles - more later image
Pivot Trading
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Gmo replied Mar 31, 2020"Teaching" my son to trade! Gave AUD 5K for Christmas! We use Team Viewer Rules: 1. "Specialize" in not more than 4-5 pairs 2. Not more than 2 US pairs! Traded 3!! 3. Center on a Pair - USDCAD 3. No trades over weekend 4. Stick to Plan - More about ...
Pivot Trading
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Gmo replied Feb 18, 2020AUDNZD Posted before, deleted now updated. Exited Short 1.0418-21 Long after London Open. Expecting retest WPP? Add on?? image image
Pivot Trading
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Gmo replied Feb 9, 2020ppxdf Thank you for your information. Of interest, DX last showed this strength of movement January 31, 2019 to February 11, 2019. Tomorrow is February 10, 2020. I will watch this closely for reversal that may have a high probability????
Pivot Trading
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Gmo replied Feb 9, 2020US Dollar Index Futures Refer two Posts Page 1703. image "Perfect the Art of 'Thin-Slicing' - Filtering the least Factors that Matter from an Overwhelming Number of Variables" Malcolm Gladwell, "Blink", 2005
Pivot Trading
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Gmo replied Feb 9, 2020The Week Ahead No CAD or JPY Red News as yet! Watch CAD Monday, Housing & Building Starts! url
Pivot Trading
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Gmo replied Feb 4, 2020AUDNZD (0842 EDT) Price Action is paramount at Resistance! The stronger the Close above R78 the higher probability of a Strong Trend pushing above R100. Several strong closes above R78 before push above R100. Update: 1031 EDT Exit +287.6 Close of ...
Pivot Trading
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Gmo replied Feb 2, 2020US Dollar Index Futures Fake out North then fell severely. Weekly candle Bearish Engulfing! Will it respond from this trend line? A great week ahead. Will it be a wild ride for USD? image
Pivot Trading
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Gmo replied Feb 2, 2020FX Calendars Of note, NZ Announcements do not show on Trading Economics - Tuesday and Thursday. They may be added though? It pays to view at least two or even 3 Economic Calendars. FF, Trading Economics & Investing.com url
Pivot Trading
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Gmo replied Jan 31, 2020AUDUSD D1 Review original Post, January 25 Edit: 0749 Friday 1-31-20 Friday EOM DX reversal Exit +716.2 image
Pivot Trading
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Gmo replied Jan 31, 2020CADJPY H4 Price Action is paramount! Yes, there are "rules" but PA still dictates! Look at M15, M30, H1 & H4 at R61 image USDCAD Another one! There is a lot to discuss with this: Some points are 1. Elliott Wave and deep retracement for Wave 2 end ...
Pivot Trading