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DrForexMD replied Nov 20, 2020Addendum: As in general, EU, GU and AU frequently move in the same directions and called the "Three Musketeers" as the are "One for all and all for one !". So, like GU, EU and AU are likely to re-bound the relative or Near-Term Zone of Resistance as ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 20, 2020Hey Pivoters, Looks like we may be going South on GU with nearing a recent exhausted or Zone of Resistance and Retail Sales news in 30 minutes followed by ECB President's speech in 100 minutes - both Events likely to be negative as a result of the ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 20, 2020Hey OpenRoads, Many stay away from the JPY pairs due to the sudden unexpected moves with strange geopolitical responses . Even Davit himself on his Pivot Trading mentioned how he was beginning to stay away from the JPY currency pairs due to the ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 19, 2020Hello Pivoters, EJ looks active going North during the quiet Asian Session: image image Here is a nice MA Cross Indicator I set at 8 and 21 day EMA on Close: file Cheers, DJ
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 19, 2020Hey Josti, You and the other active Pivot Posters here are really SUPERSTARS ! Davit would be proud - both what you all are doing on his (and yours) Pivot Trading Forum - as well as, his major contributions as a renowned International Professional ...
Pivot Trading
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DrForexMD replied Nov 19, 2020Hi OpenRoads, I made a few dollars on GC and is active for small scalping trades: image I am also watching AC again this morning as it is actively moving too: image Cheers ! DJ
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 19, 2020Welcome Luke, I am glad you found this Thread. It has grown already with some excellent Pivot Traders with an interest in Scalping and Swing Pivot Trading. Thanks for your input and look forward to seeing more of your Posts ! All the Best, DJ
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 18, 2020Hey OpenRoads and Fellow Pivoters, Here we go, 2 hours after the positive Red CAD m/m news, CAD is being bought and southbound. image image So, the wisdom about waiting 1 to 2 hours after major news is key, especially in the fact that CAD is ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 18, 2020Hi OpenRoads, And despite great CAD m/m/ Red New, the GC went up. This is why many traders wait 1 hour before and 1 to 2 hours after major News to see the direction the PA is pushed or not pushed by the Banks, Large Investors and Corporations to ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 17, 2020Hi Coffeebuff, I wish I had a crystal ball to let me know where any currency PA will actually go to until it starts showing Momentum in a new direction around the time of Calendar Events ! And, Forex IS NOT SAFE. All the best you can do is have a ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 17, 2020Thank you Josti for the heads-up on EG fundamentals ! Regards. DJ
Pivot Trading
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DrForexMD replied Nov 17, 2020Hello Pivoters, So far, my P/L this month so far is 5.90 %: The Goal is 10 to 20% Monthly Profit ! image Finally, the Goal for a solid Stats to follow are: Trades = 73 (Ideally > 10) Profit = $75.49 Total Win = 91.53 % (Ideally >= 60%) PF = 4.05 ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 17, 2020Tuesday November 17. 2020 - EST 1435: Quiet now with many Pairs Consolidating and Trending before a future Breakout with major economic-geopolitical News - there is Red AUD News coming up in 2 hrs. and 25 minutes. Here are my new baseline Charts: ...
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 17, 2020Hi Zuzu29, What do you mean? Did you take a trade on GC or couldn't because of a large Margin on your account and low Margin % ? Regards, DJ
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 17, 2020Hey shotshell, I took a short trade after you pointing to this pair: image It is very active and actually my TP was closed 5 seconds after this Post...nice set-up ! Thanks for your Post ! Regards, DJ
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 17, 2020Thank you OpenRoads ... I look forward to your future Posts! Regards, DJ
Pivot Scalping with DrForexMD
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DrForexMD replied Nov 17, 2020Hello HRTrading, I use the H4 and H1 to look at the overall direction from the S/R 61-100 Fib% Levels awaiting for exhaustion and swing of a currency. Then, I hone down to the M15 to M30 to Scalp with very small lots of 0.03 at a TP target of 5 ...
Pivot Scalping with DrForexMD