Interestingly, I'd already read those 5 principles a couple of times here on Pivot Trading; but this was the first time I felt I'd truly caught the point. So thanks for that. Just like the mistake(s) Magnus Carlson made in the following game and I ...

Pivot Trading

I read a report on Bloomberg about NZD The other day which I think you might find interesting: RBNZ's easing cycle is over, and the baton handed over from monetary to fiscal policy, they say. However, despite the recent strong rally, the NZD/USD is ...

Pivot Trading

I watch the calendar and notice most USD & CAD data are released around 23:30 P.M. (Australia time) when we're asleep in Australia. But then again the opposite might be true for you guys in US where most AUD/NZD data are released in your sleep time. ...

Pivot Trading

6252 - 6188 = 64 PIPs 64 - spread = 62 PIPs PIP value = $6.87285 per PIP 62 * 6.87285 = $426

Pivot Trading

Excellent point about the mistakes missile. The little journal I've created for your system has already reached 12 pages. While I will forever consider myself a student, I'll try not to make the same mistake over and over again. This is a gold mine ...

Pivot Trading

Thank you. I changed my template...

Pivot Trading

Note taken! As usual I appreciate your sharing and caring... P.S. I see a big lesson in your post. Seems super-important to me.

Pivot Trading

Since I am new to the club and therefore at the risk of becoming removed for getting in the way by my naive posts, I try to be more of an observer than contributor. But then again not to the extent I be tagged as a lurker. Why I decided to go long ...

Pivot Trading

My humble opinion on EUR: I can't see why it's heading north with such a rush. Disappointing PMIs (yesterday), Brexit impact and the fact that we're still waiting for tomorrow's Germany's Business Climate (which they say will most probably point to ...

Pivot Trading

Your feedback means a lot to me. You'll see much better from me...

Pivot Trading

I apologise if this is too basic a question, but I search the thread and couldn't find an answer. Below you can see three different forecasts for AUD Employment Change from three different calendars (Forex Factory, Investing.com, MetaQuote). The ...

Pivot Trading

OK, like I said yesterday, here's my humble notes on the next week's calendar: What we saw over the past week: US-China appear to have reached a phase-one deal. This can be the beginning of some recovery in China (and the global) economy in 2020. UK ...

Pivot Trading

A second hello to thread members and, in particular, the creator: Davit I just finished reading the first and the last 200 pages of this thread with a positive approach, taking notes of important posts (only Davit's posts). I believe I am prepared ...

Pivot Trading

Of course. Boris Johnson can get his Brexit deal through parliament before Christmas and in a year EU will divorce UK forever. Otherwise we'll see a second referendum where GBP will be the best movie to watch

Pivot Trading

I've been asked by my mentor, Davit, to do a calendar analysis. Since we're in the second half of the week, I think I can do a daily analysis for Thursday and Friday: Thursday: There will be President Lagarde’s first ECB meeting and the ECB will ...

Pivot Trading

Davit, please! Stop judging me. How do I prove that I've changed? Forget that thread. Believe me, I'm trying so hard to get my head around. But if you're implying a "no question" rule, I will obey the rules cause I'm really serious about this thread ...

Pivot Trading

Thank you Davit. It wasn't really about conspiracy; since I'm learning, I just wanted to know, how I'm supposed to react to things like, for example, Brexit news, NAFTA news, US-China tariff war etc which are not normally on calendar. So, now this ...

Pivot Trading

When it comes to fundamentals, do you watch only "calendar" releases? I mean most of the time, big moves are the result of economic "news" not on the calendar at all.

Pivot Trading

35% Draw-Dawn for 30% profit per year. In a system which has been losing or flat for the last 3 years and only profitable for 2 years in the past 6 years. Would you call this SUCCESS? really? OK, good on you ...

has anyone EVER seen a successful trader/trading system?

That's what I'm talking about. And to add to that, those with multiple accounts each with a seperate b...sh...t (formerly known as strategy!) and then pick up the accidentally-seccessful one to sell to idiots. FOREX IS AN ILLUSION! end of story

has anyone EVER seen a successful trader/trading system?