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Pivot Trading

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  • Post #3,481
  • Quote
  • Oct 3, 2016 9:55am Oct 3, 2016 9:55am
  •  FxProsper
  • | Joined Sep 2016 | Status: Member | 125 Posts
Quoting jelloooo1
Disliked
hi davit will u please helpme, where was i misunderstand this chart gbpaud, or my sl was to close? eurgpb closed in profit {image} {image}
Ignored
Mate , these S/R line are not concrete in the sense of where price will turn etc, its about probabilities, did you watch Mark Douglas part 1 - 4 on page 1? it should answer your question.
  • Post #3,482
  • Quote
  • Oct 3, 2016 10:11am Oct 3, 2016 10:11am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
glad I got out of GU at 2875 but now its different picture
WATCH it now 100S
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Size: 42 KB
There is no failure except in no longer trying
1
  • Post #3,483
  • Quote
  • Oct 3, 2016 10:11am Oct 3, 2016 10:11am
  •  DotDom
  • | Joined Feb 2015 | Status: Member | 50 Posts
Quoting jelloooo1
Disliked
hi davit will u please helpme, where was i misunderstand this chart gbpaud, or my sl was to close? eurgpb closed in profit {image} {image}
Ignored
Reversals are more likely to happen at the 61 and 78 if I understand it correctly.
  • Post #3,484
  • Quote
  • Oct 3, 2016 10:22am Oct 3, 2016 10:22am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Quoting Kubiasty
Disliked
Hey Davitpivots, I noticed that in every broker the pivots are differents levels....
Ignored
please invest time reading this thread.This has been answered like 100times.
There is no failure except in no longer trying
  • Post #3,485
  • Quote
  • Edited at 10:34am Oct 3, 2016 10:24am | Edited at 10:34am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Quoting FxProsper
Disliked
{quote} Mate , these S/R line are not concrete in the sense of where price will turn etc, its about probabilities, did you watch Mark Douglas part 1 - 4 on page 1? it should answer your question.
Ignored
to add Without putting effort studying the material here you wont progress much like lifting weights over and over without challenging your muscles.
The material posted on 1st page is not a decoration.Its a must read.
There is no failure except in no longer trying
  • Post #3,486
  • Quote
  • Oct 3, 2016 10:27am Oct 3, 2016 10:27am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
by 2 to 5 posts I know who you are and will screen you out of here

Disclaimer
If you have less then 2years of experience in Forex I recommend not even trying my system.
This requires understanding of PA and I won't answer mundane questions and if you should ask basic trading 101 questions I will ban you from this thread.
Not responsible for your gains or losses.

There is a reason I prefer to work with experience traders.
There is no failure except in no longer trying
  • Post #3,487
  • Quote
  • Oct 3, 2016 10:28am Oct 3, 2016 10:28am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Quoting jelloooo1
Disliked
hi davit will u please helpme, where was i misunderstand this chart gbpaud, or my sl was to close? eurgpb closed in profit {image} {image}
Ignored
you are removed from this thread
There is no failure except in no longer trying
  • Post #3,488
  • Quote
  • Edited at 8:41pm Oct 3, 2016 10:39am | Edited at 8:41pm
  •  andy_l
  • Joined May 2009 | Status: Member | 393 Posts
Closed GU with +80pips
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Name: GU M30.png
Size: 39 KB
AL
  • Post #3,489
  • Quote
  • Oct 3, 2016 10:44am Oct 3, 2016 10:44am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Once again this is advance trading and not beginning trading class.
Please look at the images below.You need to be able to draw an object before able to draw a figure.
If you do violate this on your own I am not responsible for your losses.I did everything to warn you!
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There is no failure except in no longer trying
1
  • Post #3,490
  • Quote
  • Oct 3, 2016 10:55am Oct 3, 2016 10:55am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Just posted GU 42min ego
classic pivot trading
You may ask how you know its gonna go north.Correct I don't know which brings me to MD

"You don’t need to know what is going to happen next in order to make money."
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There is no failure except in no longer trying
  • Post #3,491
  • Quote
  • Oct 3, 2016 11:14am Oct 3, 2016 11:14am
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
one of my works among hundreds.This is sold
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There is no failure except in no longer trying
3
  • Post #3,492
  • Quote
  • Oct 3, 2016 12:26pm Oct 3, 2016 12:26pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
GU showing some resembles of bull as in calve level
still in it
There is no failure except in no longer trying
  • Post #3,493
  • Quote
  • Oct 3, 2016 12:29pm Oct 3, 2016 12:29pm
  •  1PipDaddy
  • | Joined Aug 2016 | Status: Member | 14 Posts
Quoting Davit
Disliked
Just posted GU 42min ego classic pivot trading You may ask how you know its gonna go north.Correct I don't know which brings me to MD "You don’t need to know what is going to happen next in order to make money." {image}
Ignored
Hi Davit,

Was wondering why you choose G/U over G/A. Both seem to have similar price pattern, S/R points, ADR, TDI and price actions. G/A even appears to have a cleaner retrace pattern. Is it because of the AU bank holiday?

Thanks
  • Post #3,494
  • Quote
  • Oct 3, 2016 12:32pm Oct 3, 2016 12:32pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Quoting 1PipDaddy
Disliked
{quote} Hi Davit, Was wondering why you choose G/U over G/A. Both seem to have similar price pattern, S/R points, ADR, TDI and price actions. G/A even appears to have a cleaner retrace pattern. Is it because of the AU bank holiday? Thanks
Ignored
swap fees.Got too much AUD in selling positions which is costing me.
Furthermore AU not showing weakness yet. AU must drop for crosses to move
There is no failure except in no longer trying
  • Post #3,495
  • Quote
  • Oct 3, 2016 12:51pm Oct 3, 2016 12:51pm
  •  lordgbengs
  • Joined Jan 2008 | Status: Member | 627 Posts
Hi Peeps

Just want to ask if anybody has access to mt4 broker offering dollar or cad index?

Thank you
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • Post #3,496
  • Quote
  • Oct 3, 2016 12:51pm Oct 3, 2016 12:51pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Quoting andy_l
Disliked
Closed GU with +80pips {image} {image}
Ignored
every bit adds up
sometimes comes in hundreds of pips at once sometimes just trickles like bad faucet
figures roughly 20 trading days in a month and by the end of the month you should easily hit your 10% +or put your money in savings and earn 1% a year
There is no failure except in no longer trying
  • Post #3,497
  • Quote
  • Oct 3, 2016 1:16pm Oct 3, 2016 1:16pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Closed GU +175pips
Attached Image (click to enlarge)
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Name: GBPUSDM5.png
Size: 31 KB
There is no failure except in no longer trying
1
  • Post #3,498
  • Quote
  • Oct 3, 2016 1:21pm Oct 3, 2016 1:21pm
  •  Maverick1974
  • | Joined Nov 2015 | Status: Member | 54 Posts
This is one of the best systems i ever used!
For me is this stress free trading!
thank you Davit for sharing
  • Post #3,499
  • Quote
  • Oct 3, 2016 1:24pm Oct 3, 2016 1:24pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 20,658 Posts
Quoting Maverick1974
Disliked
This is one of the best systems i ever used! For me is this stress free trading! thank you Davit for sharing
Ignored
Welcome M and feel free to post your trades
There is no failure except in no longer trying
  • Post #3,500
  • Quote
  • Oct 3, 2016 2:13pm Oct 3, 2016 2:13pm
  •  Tx15
  • | Joined Jul 2015 | Status: Member | 218 Posts
Short EG...Plan to add two more positions based on PA and location...realize strong support is waiting at the WP...ultimate goal is S38 where the bull position began, TX
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