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Davit Apr 27, 2016 9:44am | Post# 1

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General guidelines
Trolls,Time Wasters,Spoon feeders,disruptors will be removed without notice.Thread will stay clean and on principles it is shared.

1st page under construction
Disclaimer
Pivot trading is advance trading requiring both psychological and technical experience in Forex.
I require 2 yrs minimum trading experience trading my system.What it may appear easy its very deceptive, in reality you can lose your account without proper account management.Not responsible for your gains or losses!
Violators will be removed!

Any indicator other then on this system uploaded without permission will result your immediate removal from the thread.

"In the time of your life, live—so that in that wondrous time you shall not add to the misery and sorrow of the world, but shall smile to the infinite delight and mystery of it.”

William Saroyan,The time of your Life

At Pivot Trading we slay the price------ Judith Beheading Holofernes by Caravaggio

Indicators
If your pivots are off more then 10pips you can adjust it by going to settings -set broker candle false and adjust time zone -/or +1234567 whichever number gets you close then you are good.
Not sure on pivot levels then go here and check (make sure its weekly and fibs)
News indicator

Please use my template and indicators so we can be all on same page
Offenders using other indicators will be removed without notice
Stop Loss
This is advance trading hence I am going to let you decide this for yourself.What I do is not relevant since my account is larger then typical retail trader which is 2-10k and I manage it what works for me.Having said this letting 500 loss become 10k loss is idiotic no matter what size the account is.You must have exit plan.

How to trade pivots
Zone 61-100 usually areas where swings fail and you can counter trade or trade with the trend.Works both ways
Weekly Pivots are equilibrium creating bias below sell above buy.I usually trade 61-100 however have made trades above or below WP
Watch PA its the queen (chess analogy) !I prefer to see minimum 15-30 min candles red or green before entering a trade however this is aggressive and I have years of experience and more conservative approach is wait for 1hr to h4 candles.You may lose some pips waiting out but could also save you pips by not getting in early.



Calendar Events
I maybe only trader here at FF in systems who combines technical with fundamentals.By knowing in advance what's coming up I can tailor suit my trades for greater edge! Example post 5062 how I go around Calendar analyses.Its recommended you do this before Monday every week or don't expect to have my results.
Great site for Price Action highly recommend to read.

I stopped using TDI but if you feel comfortable using its fine just letting you guys know I don't anymore.
post https://www.forexfactory.com/showthr...1#post11905061

Pairs I often trade and recommend

All majors minus (USD/CHF) if you don't know what is major you should not be here
Favorite Crosses often traded

CJ AJ NJ NC AC
AN EC EG EA

Commodity pairs and their relevant crosses are my favorites.

Pairs don't recommend
GN GJ GA all variations of CHF should be avoided.
Hyper pairs like I mentioned are in my experience don't fall into position building well and if got it wrong can be account draining.Ironically where lots of noobs get killed.I seriously think if you don't have solid experience and know what you are doing you should not even have GJ GN GA on your charts.
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Magnified Market Price.ex4
Pivot_Voty.mq4
Davits Pivot V3.2 Auto.mq4
pipsometer_decimal_edit_2.mq4
ADR_v2(1).ex4
Pivot Davit.tpl

Davit Apr 27, 2016 9:47am | Post# 2

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EG is at support now
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Davit Apr 27, 2016 9:58am | Post# 3

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March,April gain 60% combined hit average above 10% a month
I trade aggressively by building positions.
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Davit Apr 27, 2016 10:05am | Post# 4

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note GU not being able to break 78R
Could after the Feds but so far not.
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Arshamv Apr 27, 2016 10:15am | Post# 5

would you please put one of your 15min trading chart?

Davit Apr 27, 2016 10:17am | Post# 6

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would you please put one of your 15min trading chart?
sure its the same chart I use on all time frames.Zooming out you can see S/R pivots better then drop down to 15min for entry
Beauty of pivots don't change until week is over unlike repainting indicators lines are there no matter which TF you look.
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Arshamv Apr 27, 2016 10:25am | Post# 7

{quote} sure its the same chart I use on all time frames.Zooming out you can see S/R pivots better then drop down to 15min for entry Beauty of pivots don't change until week is over unlike repainting indicators lines are there no matter which TF you look. {image}
thanks, how you enter and exit of a trade with this system,,which of your tools confirm a buy or sell signal after price hit the pivots

cchersia Apr 27, 2016 10:25am | Post# 8

Hi guys love pivots! love TDI which is RSI+MA rest of fluff I took it out. Here is how to trade pivots. As price travels progressively away from weekly pivot it becomes more likely to go into correction. 61 S/R key zone 78R/S is Scott Carney's last chance for reversal (spikes stops taken before reversal) 100R/S another major zone. Should price smash 100 S/R then you are in strong trend supported by fundamentals. Pivots can be traded both with the trend and against.I personally don't subscribe to typical bookish mentally that if previous H4 is bear...
Thanks Davit for opening an Excellent thread.
Good Luck and we keeping touch !

CC

Davit Apr 27, 2016 10:29am | Post# 9

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{quote} thanks, how you enter and exit of a trade with this system,,which of your tools confirm a buy or sell signal after price hit the pivots
TDI lines green crossing the black 15-30min chart and Price action agreeing

I will post few of my latest trades to show
Its important to understand that pivots are zones and not exact number.Often price can fluctuate 10-20pips before turning.
I trade UC a lot so here is a trade I gained over 300pips in 2 positions.
Note price testing 100R again
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Davit Apr 27, 2016 10:30am | Post# 10

{quote} Thanks Davit for opening an Excellent thread. Good Luck and we keeping touch ! CC
Lets pile the $$ welcome

cchersia Apr 27, 2016 10:40am | Post# 11

{quote} Lets pile the $$ welcome


Thanks again !

mosiskv Apr 27, 2016 10:47am | Post# 12

[quote=Davit;8895665]Hi guys love pivots! love TDI which is RSI+MA rest of fluff I took it out.

Hi

Good Luck!

Cheers

fibosniper Apr 27, 2016 10:49am | Post# 13

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Hi, Davit

I'm interested using your Davits Pivot V2 - Copy and TDI.
I compare your GU chart and mine.
There's a different position for every pivot line.
I'm using default setting for Davit's Pivot indicator.

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Which broker do you use?
Are you using different setting for pivot indicator?


Thanks.

Davit Apr 27, 2016 10:50am | Post# 14

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Pivots are road signs just like driving.Price never goes straight up or down (look up Elliot Wave theory)
Pivots places grid over price hence makes trading more successful.
No different then in archeology or arts
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Davit Apr 27, 2016 10:55am | Post# 15

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Hi, Davit I'm interested using your Davits Pivot V2 - Copy and TDI. I compare your GU chart and mine. There's a different position for every pivot line. I'm using default setting for Davit's Pivot indicator. {image} Which broker do you use? Are you using different setting for pivot indicator? Thanks.
I use Oanda NY and if you trading from East like New Zealand Australia day starts earlier and may effect the pivots.There is broker time adjustments on inputs.You can play with it see if yours match with mine.If fails try broker time false
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cchersia Apr 27, 2016 10:58am | Post# 16

Hi, Davit I'm interested using your Davits Pivot V2 - Copy and TDI. I compare your GU chart and mine. There's a different position for every pivot line. I'm using default setting for Davit's Pivot indicator. {image} Which broker do you use? Are you using different setting for pivot indicator? Thanks.
I have Same here Fibos!

Davit Apr 27, 2016 11:01am | Post# 17

Not recommending trading now. With Feds coming up markets will go in erratic spikes so not worth it.Wait after the FEds.Market will be there

Davit Apr 27, 2016 11:10am | Post# 18

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Nice 30min textbook trade
Missed it,was sleeping.Potential to go higher
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Caa Apr 27, 2016 11:41am | Post# 19

Hi, Davit I'm interested using your Davits Pivot V2 - Copy and TDI. I compare your GU chart and mine. There's a different position for every pivot line. I'm using default setting for Davit's Pivot indicator. {image} Which broker do you use? Are you using different setting for pivot indicator? Thanks.
Hi Fibo,

My pivot lines look exactly like yours. I am also using Davits Pivot V2..

hi Davit,

I am having trouble with TMS Angleator v3 rt2, whenever I put it on my chart it "eats" the last part of the TDI graph and I can't see the background of the indicator window.

Any suggestion?

Thanks

Davit Apr 27, 2016 11:45am | Post# 20

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{quote} Hi Fibo, My pivot lines look exactly like yours. I am also using Davits Pivot V2.. hi Davit, I am having trouble with TMS Angleator v3 rt2, whenever I put it on my chart it "eats" the last part of the TDI graph and I can't see the background of the indicator window. Any suggestion? Thanks
Use transparent color on background
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