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Pivot Trading

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  • 1 18961897Page 189818991900 1909
  • 1 Page 1898 1909
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  • Post #37,941
  • Quote
  • Dec 9, 2020 7:15am Dec 9, 2020 7:15am
  •  russian30
  • Joined Oct 2013 | Status: Member | 290 Posts
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  • Post #37,942
  • Quote
  • Dec 9, 2020 7:46am Dec 9, 2020 7:46am
  •  bubincka
  • Joined Nov 2009 | Status: You are what you is | 1,943 Posts
Quoting snail69
Disliked
A huge thanks to Bubnicka for those level indicators of yours ! TP was set around them, however, closed earlier. Eventually those TP were hit... {image}{image}
Ignored
Hi snail69,

glad you've found them of use.

Thank you for explaining how you trade fibs both ways.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • Post #37,943
  • Quote
  • Dec 10, 2020 1:29am Dec 10, 2020 1:29am
  •  russian30
  • Joined Oct 2013 | Status: Member | 290 Posts
I'm watching for a bounce here
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  • Post #37,944
  • Quote
  • Dec 10, 2020 3:15am Dec 10, 2020 3:15am
  •  russian30
  • Joined Oct 2013 | Status: Member | 290 Posts
AN looks ready too
2
  • Post #37,945
  • Quote
  • Dec 10, 2020 3:36am Dec 10, 2020 3:36am
  •  snail69
  • Joined Jan 2010 | Status: Sit and wait.... | 1,895 Posts
Quoting bubincka
Disliked
{quote} Hi snail69, glad you've found them of use. Thank you for explaining how you trade fibs both ways. Best regards, Bubincka
Ignored
Bubincka, would you be kind and make, if you find time, also previous month low and previous month high indy ?
Pivots and harmonics in harmony....
  • Post #37,946
  • Quote
  • Dec 13, 2020 5:37am Dec 13, 2020 5:37am
  •  GreenEarth
  • Joined Dec 2016 | Status: Member | 535 Posts
Hello Fellow Traders , just letting you all know that I am still around. My youngest son recently opened his own Electrical Company and he has me run off my feet. I haven't looked at a chart in months. Hope you are all safe and have healthy families.
Happy Holidays everyone.
Sincerely ,
GreenEarth
10
  • Post #37,947
  • Quote
  • Dec 14, 2020 5:40am Dec 14, 2020 5:40am
  •  snail69
  • Joined Jan 2010 | Status: Sit and wait.... | 1,895 Posts
GU from pivot (again) - pure math...
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Pivots and harmonics in harmony....
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  • Post #37,948
  • Quote
  • Dec 14, 2020 7:11am Dec 14, 2020 7:11am
  •  bubincka
  • Joined Nov 2009 | Status: You are what you is | 1,943 Posts
Quoting snail69
Disliked
{quote} Bubincka, would you be kind and make, if you find time, also previous month low and previous month high indy ?
Ignored
Here you go:
Attached Files
File Type: mq4 PMLPMH_V1.mq4   3 KB | 272 downloads
File Type: mq4 MLMH_V1.mq4   3 KB | 261 downloads
Porta itineris dicitur longissima esse
6
  • Post #37,949
  • Quote
  • Dec 14, 2020 7:53am Dec 14, 2020 7:53am
  •  snail69
  • Joined Jan 2010 | Status: Sit and wait.... | 1,895 Posts
Quoting bubincka
Disliked
{quote} Here you go: {file} {file}
Ignored
Thank you Bubincka. Appreciate.
Pivots and harmonics in harmony....
  • Post #37,950
  • Quote
  • Dec 15, 2020 2:18am Dec 15, 2020 2:18am
  •  snail69
  • Joined Jan 2010 | Status: Sit and wait.... | 1,895 Posts
Quoting Pivoter
Disliked
{quote} the strategy in our group has been saying for many years that we always act from the lowest resteince point or support point to the pivot point. your strategy is not what the group's founder advocates. davit is unfortunately not here that often anymore but he would confirm it. i learned a lot from this group. please pay attention
Ignored
Only this to reply:....."
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Pivots and harmonics in harmony....
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  • Post #37,951
  • Quote
  • Dec 15, 2020 3:07am Dec 15, 2020 3:07am
  •  Pent56
  • Joined Feb 2015 | Status: Member | 247 Posts
Quoting Pivoter
Disliked
{quote} the strategy in our group has been saying for many years that we always act from the lowest resteince point or support point to the pivot point. your strategy is not what the group's founder advocates. davit is unfortunately not here that often anymore but he would confirm it. i learned a lot from this group. please pay attention
Ignored
If you read through the thread properly you will see that Snail69 was a valued contributor to the thread and Davit understood and supported his method. Doing a simple search for Snail69 posts through the thread and you would have seen that. Come on now - pay attention
  • Post #37,952
  • Quote
  • Dec 15, 2020 4:09am Dec 15, 2020 4:09am
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 128 Posts | Online Now
Quoting Pent56
Disliked
{quote} If you read through the thread properly you will see that Snail69 was a valued contributor to the thread and Davit understood and supported his method. Doing a simple search for Snail69 posts through the thread and you would have seen that. Come on now - pay attention
Ignored
Ok I have to apologize to Snail69. At first glance, I misjudged his strategy. He has actually made valued posts in the past.
the highest point comes before the fall
4
  • Post #37,953
  • Quote
  • Dec 15, 2020 8:00am Dec 15, 2020 8:00am
  •  snail69
  • Joined Jan 2010 | Status: Sit and wait.... | 1,895 Posts
Quoting bubincka
Disliked
{quote} Here you go: {file} {file}
Ignored
Works nicely. Today GU....
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  • Post #37,954
  • Quote
  • Dec 15, 2020 1:32pm Dec 15, 2020 1:32pm
  •  Wesleyaso
  • Joined May 2012 | Status: Member | 126 Posts
EUR/AUD closed today in the morning....

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"The freedom of the other extends mine to infinity"
  • Post #37,955
  • Quote
  • Dec 16, 2020 3:36pm Dec 16, 2020 3:36pm
  •  R61
  • Joined Dec 2017 | Status: PPE Trader | 178 Posts
Closed AU + 230
Loaded some shorts on AU prior to FED Statement, I was able to get some pips.
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I may reload again if opportunity presents.
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Nice month so far.
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You only need 3-4 good batches of trades a month to hit 10% - Davit
5
  • Post #37,956
  • Quote
  • Dec 16, 2020 5:21pm Dec 16, 2020 5:21pm
  •  Wags
  • Joined Aug 2017 | Status: Member | 882 Posts | Invisible
Quoting Wesleyaso
Disliked
EUR/AUD closed today in the morning.... {image}
Ignored
one day your account will be blown up trading like that unless you have very very deep pockets, i have done thousands of back testing and for years it can be good until you take the hit
Trade 26 was an Xmas shopping mistake :)
On Point All Time Return: 54.2%
4
  • Post #37,957
  • Quote
  • Dec 18, 2020 2:25am Dec 18, 2020 2:25am
  •  snail69
  • Joined Jan 2010 | Status: Sit and wait.... | 1,895 Posts
Mostly my entries are around WP, however, from either of W38, into the ZONE, is OK as well. Using harmonics withing trading e.g. marked on chart.

Main item is symmetries - see my signature.

EurCad - entry from W38, exit in the far zone marked by created mini W (Gartle - I believe, not good with respective names - I call all of them generally an "animal" (crab, bat, shark, butterfly.....)
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Pivots and harmonics in harmony....
2
  • Post #37,958
  • Quote
  • Edited at 12:51pm Dec 19, 2020 12:16pm | Edited at 12:51pm
  •  Pivoter
  • Joined Jan 2020 | Status: Member | 128 Posts | Online Now
[quote = Davit; 9715619] Brexit: Was ist Artikel 50? Ein Leitfaden für das, was jetzt passiert Wenig Berichterstattung darüber in den Nachrichten bei FF.Das ist riesig und warum ich das Pfund erst berühren werde, wenn es frei von Richtung ist. Da dies ein beispielloses Ereignis ist, ist es schwer zu erraten, in welche Richtung das Pfund oder der Euro dafür gehen wird Angelegenheit. Morgen wird Artikel 50 möglicherweise ausgelöst und es wird 2019 dauern, bis die Trennung in Großbritannien offiziell abgeschlossen ist. Es ist offensichtlich eine enorme Zeit im Forex-Kontext. EG kann einen Anstieg von über 90 erreichen, bleibt aber nicht lange dort. Pomp und Dump können stattfinden. [/ Quote]

Although it's an old Davit post from 2017 and well predicted, it's still very timely. Who would have thought at the time that there would be no clarity in December 2020. The Brexit decision is postponed week by week. I believe if it actually goes without a deal, as it looks like a lot right now, GBP will go negative everywhere. This leads to a sharp drop in the price of the GBP. The decision is just around the corner. This will lead to numerous trading opportunities.so just my opinion
the highest point comes before the fall
  • Post #37,959
  • Quote
  • Dec 20, 2020 4:08am Dec 20, 2020 4:08am
  •  snail69
  • Joined Jan 2010 | Status: Sit and wait.... | 1,895 Posts
This is the ideal entry for my approach to weekly pivot trading. Run from the farther W38 to WP, into the ZONE.

USDCAD

PS: Actually the same run as in the pic above - EurCad. Also started on Tuesday.
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Pivots and harmonics in harmony....
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  • Post #37,960
  • Quote
  • Dec 20, 2020 8:35am Dec 20, 2020 8:35am
  •  warrensapp
  • Joined Oct 2018 | Status: Member | 323 Posts
I am just learning this system - What are the reasons to use weekly over daily, and fibonacci vs. traditional pivots, as per the description in this thread's original post?
If you're gonna be a bear, be a grizzly
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