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Another simple system - Time-Frame 15

  • #13,441
  • Nov 8, 2012 1:12pm Nov 8, 2012 1:12pm
Quoting aryary
Hi mate

not sure which indi you using for piv plots.. there are various ones that you can get where you can set according to your server time and required time calculation.

I use thv4 - you can alter many features, ie standard pivs or fibo pivs, mid levels, price bars, server time setting, offset time for calculation of your pivs etc, also has open, YH, YL, possible shading of yesterday/today etc

I guess many have come across it and using...i have and also pdf info if you require.

cheers
Pivots for most part are none factors.Price rarely does anything on "pivots" but it does do a lot at median line of TL and TL in general. Median line is 50% Fib (although not a fib number)
PA and these 3 geometric points where things happen.You can clatter fancy lines all over the chart but means nothing.
Just trying to make people think outside of the box.
In trading, you have to be defensive and aggressive at the same time
  • #13,442
  • Nov 8, 2012 1:15pm Nov 8, 2012 1:15pm
Quoting X-Man
EJ 15min
test of the RN and then break
easy pips here
Hi mate,

Regards the e/j setup, looks perfect (well of course you posted..lol...)...can you check the attachment pls.

Just below the trigger there was the daily 200ema, also some historical support. That initial dip on the 15min would have broken the 200ema. What would be the ideal entry, the pin bar low break which you highlighted or the break of the initial dip 101.45.

Typically we would take the pin bar break (similar to cable short you showed from this morning) but just asking whether the 101.45 break would be confirming the clear break of daily 200ema etc. (Personally in a situation like this would scale in rather then go in full size in one go - actually would stay out as unsure..lol)

Thanks again for your continued support and help
Attached Image (click to enlarge)
Click to Enlarge Name: ej_q_xman.jpg Size: 201 KB
  • #13,443
  • Nov 8, 2012 1:16pm Nov 8, 2012 1:16pm
Quoting aryary
Hi mate

not sure which indi you using for piv plots.. there are various ones that you can get where you can set according to your server time and required time calculation.

I use thv4 - you can alter many features, ie standard pivs or fibo pivs, mid levels, price bars, server time setting, offset time for calculation of your pivs etc, also has open, YH, YL, possible shading of yesterday/today etc

I guess many have come across it and using...i have and also pdf info if you require.

cheers

I'm using FXI pivot, It shows yesterday PV and RS, Its good to use.

I agree with you and X-man, it depends on broker and server time etc.
THV4, that is the one in Arjus templet right?
I better attach those two indi in chart to see the difference.
I would love to check out the pdf if you willing share.

Thank you for info~
  • #13,444
  • Nov 8, 2012 1:36pm Nov 8, 2012 1:36pm
Quoting Davit
Pivots for most part are none factors.Price rarely does anything on "pivots" but it does do a lot at median line of TL and TL in general. Median line is 50% Fib (although not a fib number)
PA and these 3 geometric points where things happen.You can clatter fancy lines all over the chart but means nothing.
Just trying to make people think outside of the box.
Hi mate,

agreed that pivots, whether standard or fibo pivs, may not play a vital role but its could give some people structure - ie potential profit targets or general trading decisions. We can not have all lines on the charts but if there are certain levels in places it can give structure.... example, this morning i posted i took cable again and my target due to the strong break was fibo piv s2...see pic - it gave me a reference point to take some profits (my style is often to scale in, scale out).

I had a u/j trade on earlier, thanks to Ciara, i closed out with +12 as european session was coming to a close. However if i had held i would have looked for fibo s2, fibo s3....see pic...there some reactions there. I have done fair bit of my own research in terms of pivs, whether standard or fibo pivs, gmt or cet or est, etc etc

Of course all lines will do something, but if you select something that adapts to your style then its an additional benefit. There are many on FF who use only pivs for their trading - some are extremely good.

To be honest I like your style - where you hold for big pips, i wish i had that ability. I never have been able to do that, in all the mkts i have traded. I prefer to be out of the market then in for a long period, trying to evaluate all the time whats happening, you never know whats going to happen within minutes or seconds..of course thats just me.

cheers mate
Attached Image (click to enlarge)
Click to Enlarge Name: gu_uj_davit.jpg Size: 153 KB
  • #13,445
  • Nov 8, 2012 1:38pm Nov 8, 2012 1:38pm
Quoting aryary
Hi mate,

Regards the e/j setup, looks perfect (well of course you posted..lol...)...can you check the attachment pls.

Just below the trigger there was the daily 200ema, also some historical support. That initial dip on the 15min would have broken the 200ema. What would be the ideal entry, the pin bar low break which you highlighted or the break of the initial dip 101.45.

Typically we would take the pin bar break (similar to cable short you showed from this morning) but just asking whether the 101.45 break would be confirming the clear break of...
Well i didnt realy pay attention to that 200ema .
Look at my chart
see where all the hTF emas are, look at that red box . and look below. theres nothing. so you wna go short or long?
If you go long theres lots of speed traps. if you go short theres smooth sailing
Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 112 KB
X-man the legendary conqueror of markets
  • #13,446
  • Nov 8, 2012 1:46pm Nov 8, 2012 1:46pm
Quoting hubby7
The secret to be successful in trading is there's no secret.lol .By clicking the mouse to enter a trade with S/L and T/P does not make us a trader.To be
a good/profitable/successful trader means much much more than that imo.We need to discover ourselves first before we can even be discipline to follow our own set of rules and system.Are we a short/long term trader,scalper,sniper,trigger happy ?How do we react to losses/winners?The sooner we manage discover ourselves the sooner we will become profitable imo.The long journey to discover oneself...
I'm sorry to hear about the loss...
  • #13,447
  • Edited 2:05pm Nov 8, 2012 1:54pm | Edited 2:05pm
Quoting X-Man
Well i didnt realy pay attention to that 200ema .
Look at my chart
see where all the hTF emas are, look at that red box . and look below. theres nothing. so you wna go short or long?
If you go long theres lots of speed traps. if you go short theres smooth sailing
Hi X man.
Just curious about your take on pivots.Here is my issue with pivots other then they are useless but further auto pivots specially auto fib pivots are erroneous. It selects often from wrong points,tops etc.
To make decision because indi fib pivots says one number is to me taking control from your hands.Its like saying flying an aircraft trusting auto pilot is better then a trained pilot.
I like drawing my own fibs and I know it to be accurate.Price moves by buyers and sellers and big boys orders which never make trading decisions based on pivots.So question is the heart of it who moves the price!and why they move the price from point A to B.
To add more perhaps even more important market makers know exactly where pivot traders are and their spikes are to take them out like seating ducks.We should be hunters not prey.
Anyway care to add your input I will appreciate.
Regards Davit
In trading, you have to be defensive and aggressive at the same time
  • #13,448
  • Nov 8, 2012 1:59pm Nov 8, 2012 1:59pm
Quoting gvninvest
I'm using FXI pivot, It shows yesterday PV and RS, Its good to use.

I agree with you and X-man, it depends on broker and server time etc.
THV4, that is the one in Arjus templet right?
I better attach those two indi in chart to see the difference.
I would love to check out the pdf if you willing share.

Thank you for info~
Hi...,

Im not sure what Arjun is using...ive never figured out his charts regards the pivs, lol...I think he just puts pivs for the sake of it as he see a candle and knows whats it going to do...lol

im attaching the indi and pdf...if you need help regards the settings with your platform pm me i'll help you out...do not want to post this stuff on thread unless many require. important issue is wether you looking at NY close as EOD or GMT. I know this is quite an open discussion, some use EST, some GMT and some CET.

Generally the piv levels are close, but can make a huge diff when the markets are trending for a long period.

Ive added the daily piv indi...also found that i had the weekly and monthly...so attached that for who ever requires...i only use the daily....

cheers
Attached File(s)
File Type: pdf TzPivotsD.pdf   39 KB | 524 downloads
File Type: ex4 THV4 TzPivotsD (Black).ex4   45 KB | 360 downloads
File Type: ex4 THV4 TzPivotsMW (Black).ex4   23 KB | 356 downloads
  • #13,449
  • Nov 8, 2012 2:01pm Nov 8, 2012 2:01pm
Iam glad FF put the members list back to the bottom, much better imo.

Take a look at g/j m5 chart , nice trend showing possible entry point, same idea applies
to m15 or other htf .
Attached Image (click to enlarge)
Click to Enlarge Name: Greenshot_2012-11-08_14-49-56gjm5.png Size: 36 KB
If you're going through hell, keep going. Winston Churchill
  • #13,450
  • Nov 8, 2012 2:10pm Nov 8, 2012 2:10pm
Thank you for Help~!

I attached three auto PIV indicators in one chart to see the differences.
Kind of surprise that min 3pips difference (that find) maximum 10pips difference

I better study it.

Thank you http://www.forexfactory.com/nfs/cust...ar262807_1.gif aryary!






Quoting aryary
Hi...,

Im not sure what Arjun is using...ive never figured out his charts regards the pivs, lol...I think he just puts pivs for the sake of it as he see a candle and knows whats it going to do...lol

im attaching the indi and pdf...if you need help regards the settings with your platform pm me i'll help you out...do not want to post this stuff on thread unless many require. important issue is wether you looking at NY close as EOD or GMT. I know this is quite an open discussion, some use EST, some GMT and some CET.

Generally the piv levels are...
  • #13,451
  • Nov 8, 2012 2:11pm Nov 8, 2012 2:11pm
Quoting Davit
Hi X man.
Just curious about your take on pivots.Here is my issue with pivots other then they are useless but further auto pivots specially auto fib pivots are erroneous. It selects often from wrong points,tops etc.
To make decision because indi fib pivots says one number is to me taking control from your hands.Its like saying flying an aircraft trusting auto pilot is better then a trained pilot.
I like drawing my own fibs and I know it to be accurate.Price moves by buyers and sellers and big boys orders which never make trading decisions based...
I think thats the biggest point there....'big boys orders'....i personally do not feel they hang around looking for anything apart from RN, pivs etc...anyone looking to reserach this...pay very very close attention to the yen crosses....huge influence of exporters on that side...keep a close eye on pivs...its more a case of what the big boys, banks are doing...everything wer are just small fry trying to catch whatever we can inbetween.
  • #13,452
  • Nov 8, 2012 2:12pm Nov 8, 2012 2:12pm
Quoting gvninvest
Thank you for Help~!

I attached three auto PIV indicators in one chart to see the differences.
Kind of surprise that min 3pips difference (that find) maximum 10pips difference

I better study it.

Thank you http://www.forexfactory.com/nfs/cust...ar262807_1.gif aryary!
Attaching which ever indicator is not important...knowing your server time, and what time one you require for the piv calculation is.
  • #13,453
  • Nov 8, 2012 2:13pm Nov 8, 2012 2:13pm
Quoting Davit
Hi X man.
Just curious about your take on pivots.Here is my issue with pivots other then they are useless but further auto pivots specially auto fib pivots are erroneous. It selects often from wrong points,tops etc.
To make decision because indi fib pivots says one number is to me taking control from your hands.Its like saying flying an aircraft trusting auto pilot is better then a trained pilot.
I like drawing my own fibs and I know it to be accurate.Price moves by buyers and sellers and big boys orders which never make trading decisions based...
Hey there brother
You are so right is what you are saying.
i dont even rely on pivots at all. they didnt help me much .
The most important things i need are the RNs and 10ema. thats what matters to me the most.
X-man the legendary conqueror of markets
  • #13,454
  • Nov 8, 2012 2:13pm Nov 8, 2012 2:13pm
Quoting aryary
Hi mate,

agreed that pivots, whether standard or fibo pivs, may not play a vital role but its could give some people structure - ie potential profit targets or general trading decisions. We can not have all lines on the charts but if there are certain levels in places it can give structure.... example, this morning i posted i took cable again and my target due to the strong break was fibo piv s2...see pic - it gave me a reference point to take some profits (my style is often to scale in, scale out).

I had a u/j trade on earlier, thanks to...
Pay more attention to price behavior. They the ones providing structure, not the pivots, IMO.
  • #13,455
  • Nov 8, 2012 2:18pm Nov 8, 2012 2:18pm
http://clip2net.com/clip/m146154/135...-clip-37kb.png
If you want your dreams to come true, you better wake up !!!
  • #13,456
  • Nov 8, 2012 2:19pm Nov 8, 2012 2:19pm
feels odd to post now, you can't give a title?

This is what I saw on e/cad today, on daily. first chart.
Entered on h1, second chart, in hindsight it was two candles early, (Iam a lovebee as well)
sl 20 pips
tp 50 pips

Iam not good at holding trades for long, only if Iam asleep and don't see it, exited for 30 pips profit
just now it would've reached 50 pips target.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Greenshot_2012-11-08_15-04-35ecadD.png Size: 33 KB
Click to Enlarge Name: Greenshot_2012-11-08_14-16-02ECADH1.png Size: 25 KB
If you're going through hell, keep going. Winston Churchill
  • #13,457
  • Nov 8, 2012 2:20pm Nov 8, 2012 2:20pm
Quoting pkimnyc
Pay more attention to price behavior. They the ones providing structure, not the pivots, IMO.
hi mate - i do not use fibo pivs for anything apart from potential profit taking areas... they do not influence me in make trade entries...of course PA is key...similar to RN, or fib retracements, or fib extensions etc. We do talk about PA purely but we do not have a totally 'naked' chart as such? I dont think there has been a single chart in the thread with just candles alone, lol....thanks for the input guys, all helps etc.
  • #13,458
  • Nov 8, 2012 2:24pm Nov 8, 2012 2:24pm
Quoting aryary
hi mate - i do not use fibo pivs for anything apart from potential profit taking areas... they do not influence me in make trade entries...of course PA is key...similar to RN, or fib retracements, or fib extensions etc. We do talk about PA purely but we do not have a totally 'naked' chart as such? I dont think there has been a single chart in the thread with just candles alone, lol....thanks for the input guys, all helps etc.
Agree 100%. I can't trade with fully naked chart. There are some informations that price alone does not provide, IMO.
  • #13,459
  • Nov 8, 2012 2:56pm Nov 8, 2012 2:56pm
GJ..What say you, wise men..if we retrace back to RN, TL, Supply ..

Short this tomato boy Asian Session?

love, Ciara
Attached Image (click to enlarge)
Click to Enlarge Name: 20121108gjsteph.jpg Size: 112 KB
Ideas shape the course of history
  • #13,460
  • Nov 8, 2012 3:14pm Nov 8, 2012 3:14pm



Quoting aryary
Charts

Further to the discussion we have been having, I do not feel any trader here is still using the same product, instrument, indi or whatever from day one. As traders we evolve into whatever we want to be. We all have different backgrounds, we all have different mindsets. No matter how much Arjun or X-man and the other seniors teach others we still have flaws in the way we look at things. Of course the system they teach is awesome and adaptable for all...lol

What I am saying - we must not just throw away our background work for the sake of...
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