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S/R Monthly pivot PA trading!

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  • Post #1
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  • First Post: Edited Jul 8, 2018 3:38pm May 26, 2018 10:31am | Edited Jul 8, 2018 3:38pm
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
For the Past couple of weeks i have been sitting on the sidelines, reading all kinds of nonsense that mostly was coming from haters of a strategy that not only works but can also be used in a number of ways depending on ones ability to understand price action and how price will tell you what it wants to do if you know what to look for!!!

Now I have been using Monthly pivots for a couple months now and have been quite successful... Can they be traded? Yes.. If you put the time in and understand price action.. A couple of traders and myself have started a Discord trading group, and while most of the folks joined only to copy trades and have faded once they realized that they were not going to be getting a free signal service, it has been a great way to collaborate and work closely with other traders that have the same drive and passion about the markets..

Yes i do also trade weekly pivots and yes it is a trade-able strategy, if you put the time in and understand price action.. See most folks don't like to put the hard work part in to understand something.. They take a stab at something and once they have a couple losing trades they bail and run their mouths about something that they really have no business talking trash about.. I myself found said strategy and fell in love.. Yes i was overly aggressive and had huge high/low % swings and have had a great time learning and improving my trading..

Now am i using ones strategy to trade a higher time frame, that is correct.. I do not ever recommend finding a trading strategy and just jumping in with both feet.. Do the work to ACTUALLY LEARN instead of riding someones coat tails.. It will save you in the long run!!!

Lets keep to the trading, make some pips and have fun doing it. This is fun and exciting.. You must find the time to learn and grow as a trader or you will struggle...

Happy Hunting!!!
Happy Hunting!!!
  • Post #2
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  • May 26, 2018 10:35am May 26, 2018 10:35am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
Just a snip-it of what i see and the Harmonic Indi that i use!!!
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Attached File
File Type: ex4 ZUPp v148.ex4   125 KB | 559 downloads
Happy Hunting!!!
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  • Post #3
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  • May 26, 2018 10:46am May 26, 2018 10:46am
  •  Forexholy
  • Joined Jun 2017 | Status: Member | 480 Posts
This looks very interesting!
1
  • Post #4
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  • May 26, 2018 10:47am May 26, 2018 10:47am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
Quoting Forexholy
Disliked
This looks very interesting!
Ignored

Welcome!!
Happy Hunting!!!
  • Post #5
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  • May 26, 2018 10:55am May 26, 2018 10:55am
  •  Silver
  • | Joined Mar 2007 | Status: Member | 101 Posts
Will study and see if the trades are as evident as you say, if so thank you very much
1
  • Post #6
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  • May 26, 2018 10:57am May 26, 2018 10:57am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
NC found support and bounced hard!! Another great look at the bigger picture is the CSM part of the chart buttons it will help to see the strength on the daily, weekly and monthly time frame without flipping through them!!
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Name: bandicam 2018-05-26 10-53-47-690.jpg
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Happy Hunting!!!
1
  • Post #7
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  • May 26, 2018 11:03am May 26, 2018 11:03am
  •  renkotop
  • Joined Nov 2015 | Status: Member | 895 Posts
Hello BrianRay,

subscribed!

Congratulations for your very good idea!

renko
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  • Post #8
  • Quote
  • May 26, 2018 11:04am May 26, 2018 11:04am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
UJ stalled a bit on Friday. Do expect it to continue into support!!!
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Happy Hunting!!!
  • Post #9
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  • May 26, 2018 11:06am May 26, 2018 11:06am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
Quoting renkotop
Disliked
Hello BrianRay, subscribed! Congratulations for your very good idea! renko
Ignored

Thanks. I really didn't want to create ripples on Davits thread so... This is the beauty of pivots!!!
Happy Hunting!!!
  • Post #10
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  • May 26, 2018 11:08am May 26, 2018 11:08am
  •  okshop
  • Joined Mar 2017 | Status: Impeccable | 2,829 Posts
Greetings BrianRay subscribed,
May I ask we are using the monthly Pivot right?
nzdjpy
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Self discipline It is a practice
  • Post #11
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  • May 26, 2018 11:13am May 26, 2018 11:13am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
CADCHF to weaken a touch further may stall below P a continuation will open to S38!!
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Name: bandicam 2018-05-26 11-11-19-717.jpg
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Happy Hunting!!!
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  • Post #12
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  • May 26, 2018 11:14am May 26, 2018 11:14am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
Quoting okshop
Disliked
Greetings BrianRay subscribed, May I ask we are using the monthly Pivot right? nzdjpy {image}
Ignored

Yes use monthly pivots!! And welcome !!!!
Happy Hunting!!!
1
  • Post #13
  • Quote
  • May 26, 2018 11:23am May 26, 2018 11:23am
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
USDCHF rejected off the R61. Again may stall just below P. Expect it to continue lower.
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Name: bandicam 2018-05-26 11-20-43-296.jpg
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Happy Hunting!!!
1
  • Post #14
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  • May 26, 2018 11:25am May 26, 2018 11:25am
  •  renkotop
  • Joined Nov 2015 | Status: Member | 895 Posts
Quoting BrianRay
Disliked
{quote} Thanks. I really didn't want to create ripples on Davits thread so... This is the beauty of pivots!!!
Ignored
No problem Brian.

Best regards, renko
  • Post #15
  • Quote
  • May 26, 2018 11:52am May 26, 2018 11:52am
  •  T4Trade
  • Joined Sep 2017 | Status: Trend Following,Price Action,Marti | 1,631 Posts
This strategy looks like mix of Davit Pivots and southern cross,this strategy will prove to be the best so far,because it has mix of 2 top strategies.

congrats,subscribed!
1
  • Post #16
  • Quote
  • May 26, 2018 12:16pm May 26, 2018 12:16pm
  •  llxx77dd
  • | Membership Revoked | Joined Nov 2017 | 199 Posts

the same loop over and over waaaah even movies are boring lately
  • Post #17
  • Quote
  • May 26, 2018 12:30pm May 26, 2018 12:30pm
  •  FundmntlTrde
  • | Joined May 2018 | Status: Member | 94 Posts
Quoting BrianRay
Disliked
I firmly believe that if someone is willing to learn that they can be taught. With that being said lets get into what i'm not responsible for... 1. I will not be the blame for your gains or losses. 2. I will not tell what to trade, how to trade or when to trade. Simple enough I hope!! If you are new to Forex trading (less then 2 years experience). I suggest you do your part and read some books and articles on Pivot trading. I have been using this strategy for a long time. All trades will be swing trades. They can last a few days or a couple weeks....
Ignored
Excellent. Thanks, Brian.

In case a trade / set of trades do not go in the direction we expect, is the exit strategy to use a % of the capital? Lets say - 1 - 2 % max loss - and every trader can decide what is best for them - Can you please let us know your view on this?
1
  • Post #18
  • Quote
  • May 26, 2018 12:45pm May 26, 2018 12:45pm
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
Quoting FundmntlTrde
Disliked
{quote} Excellent. Thanks, Brian. In case a trade / set of trades do not go in the direction we expect, is the exit strategy to use a % of the capital? Lets say - 1 - 2 % max loss - and every trader can decide what is best for them - Can you please let us know your view on this?
Ignored
My personal mental loss is 2%. I have made an update to the 1st post!!!
Happy Hunting!!!
  • Post #19
  • Quote
  • May 26, 2018 12:59pm May 26, 2018 12:59pm
  •  KalC
  • | Joined Dec 2016 | Status: Member | 104 Posts
Quoting llxx77dd
Disliked
the same loop over and over waaaah even movies are boring lately
Ignored
Huh?
  • Post #20
  • Quote
  • May 26, 2018 1:03pm May 26, 2018 1:03pm
  •  BrianRay
  • Joined Mar 2018 | Status: Push Yourself, No One Else Will !!! | 299 Posts
Quoting KalC
Disliked
{quote} Huh?
Ignored

They just go around posting a bunch of BS on random threads.
Happy Hunting!!!
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