short signal expected on ausie$ at 8 pm EST I'll post chart after it signals. Dave I took short at 0.7529 because it broke support. s/l 0.7575

My trades by Dave

I have discovered that if I use a momentom indacater set at 55, also on the 1 hr chart. I can see if the market is gonna make the move I want. That would have told me befor I left for work the momentom was in deep south territory. Dave

My trades by Dave

Here is a chart on VT trader on the signals that had me in the last trade. Incase any one was wondering. Dave image

My trades by Dave

Long stopped out -80 pips.....ouch. That trade went no where. waiting for next signal. Dave

My trades by Dave

Here is an example of the use of EWO(elliott wave oscolater) The 3rd hump cannt extend past the largest of the previous two. That is a wave 5 confirmation. Then you know there will be a correction. You can trade the correction or wait for the ...

My trades by Dave

reversal came in 2-3 hrs ago at 1.2756/60 I reversed at 1.2770 +15 pips The price may or may not dip below 1.2756 pivot again. So I went ahead and entered. Big s/l at 1.2690 Below the bottom that has formed. I am going to try a 50 pip trail on the ...

My trades by Dave

Here is a chart on the last 3 signals. Waiting for the next. Its at a turning point for either an up trend or down. Dave image

My trades by Dave

Holding short from 1.2785 @ 1.2740 new pivot is at 1.2754. EWO and CCI have a long way for another signal. Dave

My trades by Dave

I posted a detailed discription of my pivot trade method. Flip a page or 2 back Dave edit: sory its actually just above

My trades by Dave

reverse trade 1.2785 to short +29 pips

My trades by Dave

Here is fridays close chart. I'll post another when today gets started. The pivot line will move up. The CCI is above the 100 line in overbought territory. There could be a rally early in the session. There is a long way befor cci or ewo gets back ...

My trades by Dave

Hey itme, I just wanted to say great job in your thread. Welcome to the 40k+ views range. At this rate you'll have me passed in no time. again great job Dave

Low Risk, High Reward Trading Experiment

If your charts don't offer a pivot indacater and don't want to calculate it then a 8ema/34ema cross will servr the same purpose as the pivot level. When using ema pivot use 25 pip s/l and 50 pip target and trail stop 25 pips. ***remember signals ...

My trades by Dave

holding long position @ 1.2812 As I mentioned befor this was wave 5 of wave c of wave 2 in a big over all down trend. And wave 2 can retrace no further than wave 1 start point. So as long as 1.2980 holds the bear outlook is still in play. I will ...

My trades by Dave

here is explanation of above trade system. 1 hr chart only with 100-150 peroids. elliott wave oscolator(defalt) and CCI set to 50, with 100 and -100 lines. Pivot points indacator or manual calc. trade on 3rd cross over. (cci crosses "0" line and ...

My trades by Dave

s/l should be placed below the previous low. below 1.2705

My trades by Dave

Long signal given 7-8 hrs ago at 1.2756. from the short signal given at 1.2795 its has 41 pips profit. buy on dip near or below 1.2756. There is generaly a pull back/retest after signal is given. Dave

My trades by Dave

Lookes like the down move here is under way. The move down has unfolded in 5 waves so we should see a rally in a 3 wave formation. and could go back up to 1.2800. It is wave 2 of a greater wave 1 of a greater wave 3. short on rallys. I have a new ...

My trades by Dave

Holding short from 1.2795 s/l 1.2825 target open. The weekly chart is showing this rally as the possible topof wave c to a greater wave 2. As long as the price remains below 1.3000 range.Because wave 2 cann't go past the origanation of wave 1. I'll ...

My trades by Dave

Hey guys, I am looking into the wpr indacater. I have changed the peroid from 14 to 55. And seem to be getting good signals on the 1 and 4 hr charts. The 14 peroid was giving way too many false signals. I would like to get with you on an indacater I ...

"My" System