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Weekly Pivot trading with TDI

  • #1,821
  • Aug 16, 2018 9:21am Aug 16, 2018 9:21am
Quoting BlackSwanJon
{quote} Yeah, GU made the PA I was looking for. Gone Long, will build if the momentum continues. Going against the longer trend, so lets see if S38 & PA is a bit bullish.


Good catch. You’re doing good buddy. Understanding the PA. pls remember to secured your profits because trend is still on the downside.
  • #1,822
  • Aug 16, 2018 9:53am Aug 16, 2018 9:53am
Ron i am very greatfull that you take time and share your knowledge with us
thanks'
cheers
  • #1,823
  • Aug 16, 2018 9:56am Aug 16, 2018 9:56am
Quoting pipophilia
Ron i am very greatfull that you take time and share your knowledge with us thanks' cheers

It’s just my passion to share what I know.

Hope you willl catch some pips buddy.
  • #1,824
  • Aug 16, 2018 10:03am Aug 16, 2018 10:03am
Quoting RonFXLive
For those who trade long EU and GU. Pls look out for price level. EU level to watch 1.14300. GU level to watch 1.27340. I have secured 1 pip for my 3 trades in case trend go againest me. Good luck members.
Did i remember seeing you say, you move to 1pip breakeven once your trades are 30pips in profit?

\thereafter do you use a 30 pip dynamic trailing or when you get 60pip profit you move to +30pip SL?
  • #1,825
  • Aug 16, 2018 10:08am Aug 16, 2018 10:08am
Quoting rogertaggart
{quote} Did i remember seeing you say, you move to 1pip breakeven once your trades are 30pips in profit? \thereafter do you use a 30 pip dynamic trailing or when you get 60pip profit you move to +30pip SL?

Yes you’re right buddy about that. 30 pips I will breakeven 1 pip also depending on individual pairs. You will never know market behaviour at times. But at times by looking at price movement I might also manual closed my trades and wait again for the best setup for entry again.
  • #1,826
  • Aug 16, 2018 10:17am Aug 16, 2018 10:17am
Update my current 3 pairs holding. EU, GU and UJ.

EU gained 60 pips each for 4 positions. 240 pips. Secured profits at 30 pips each.

GU gained 60 pips each for 4 positions - 240 pips. Secured 30 pips each .

UJ is going to hit my breakeven at 1 pips. But is ok. Entry meet again I will long again.

Thanks guys.
  • #1,827
  • Aug 16, 2018 10:48am Aug 16, 2018 10:48am
Quoting vickym
{quote} It is fair that you do not want to defend your own statement, no harm in disowning your own words since they were crap already. Lets wait for the sheeps to get out and defend you now...
lol i don't know what this guy is all about he just came here, point fingers, and now he gets kicked, he's the type that likes to go to restaurant protesting about animal cruelty and gets kicked out, funny guy.

got 2 position currently
buy AUD/USD
sell GBP/AUD
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  • #1,828
  • Edited 11:08am Aug 16, 2018 10:53am | Edited 11:08am
Quoting RonFXLive
Update my current 3 pairs holding. EU, GU and UJ. EU gained 60 pips each for 4 positions. 240 pips. Secured profits at 30 pips each. GU gained 60 pips each for 4 positions - 240 pips. Secured 30 pips each . UJ is going to hit my breakeven at 1 pips. But is ok. Entry meet again I will long again. Thanks guys.
Ron,
You are doing great for the forum. But please, can you post some charts too, not just words, so the new guys can understand better. Davits always posted charts when he wants to explain some points. Could you please do same, with all due respects.

thanks Bro.

EDIT-- As I was saying, Just by looking at Wolfgangbang's chart above, one can understand all he's explaining. As the saying goes, a picture is worth a thousand words, Lol.
Don't Buy after a Rally, Don't Sell after a Drop
  • #1,829
  • Aug 16, 2018 10:59am Aug 16, 2018 10:59am
Quoting RonFXLive
Hi members. Something worth to take note. Big banks players are still placing ( Big Short ) for EU, GU, UJ, AU and AJ. Big banks SL positons is just at my resistance for EU and GU. Lol. And I’m trading with their opposite trade. Well is fine as long as my SL are at the right place. Trade with care guys. Good luck.
i better trail my profit
  • #1,830
  • Aug 16, 2018 11:07am Aug 16, 2018 11:07am
Quoting mikeeating
GU taking a bite out of a couple of my accounts last night, however not bad for 3 weeks work. Might sit out tomorrow and start again fresh next week, good luck everyone. {image} {image}
damm how much % return is that
  • #1,831
  • Aug 16, 2018 11:23am Aug 16, 2018 11:23am
Quoting Wallaa
{quote} Ron, You are doing great for the forum. But please, can you post some charts too, not just words, so the new guys can understand better. Davits always posted charts when he wants to explain some points. Could you please do same, with all due respects. thanks Bro. EDIT-- As I was saying, Just by looking at Wolfgangbang's chart above, one can understand all he's explaining. As the saying goes, a picture is worth a thousand words, Lol.

Hi bro,

I will stop posting my analysis and price and just want to sit back and relax and enjoy my pips.

Some good members have PM me and ask me to just sit back and watch the postings. Which I think so too.


Getting really exhausted by doing this all the time.
It’s my effort and my time. Sorry bro.
Hope you can understand.

Hope that you will learn by hard and success with your green pips.


Cheers and thanks everyone in this thread.

Ron.
  • #1,832
  • Aug 16, 2018 11:26am Aug 16, 2018 11:26am
Quoting RonFXLive
{quote} Hi bro, I will stop posting my analysis and price and just want to sit back and relax and enjoy my pips. Some good members have PM me and ask me to just sit back and watch the postings. Which I think so too. Getting really exhausted by doing this all the time. It’s my effort and my time. Sorry bro. Hope you can understand. Hope that you will learn by hard and success with your green pips. Cheers and thanks everyone in this thread. Ron.
Hello Ron,
Did I offend you by what i said. I just said, add some charts so as to make it more explanatory. No offense meant.
thanks.
Don't Buy after a Rally, Don't Sell after a Drop
  • #1,833
  • Edited 12:14pm Aug 16, 2018 11:35am | Edited 12:14pm
Quoting RonFXLive
Now I know when trading out the box I got screwed and when trading what we suppose to trade with Davit system. I got screws too. WOW!!!!!! Guess that that I should STOP my freaking postings here man. Enough of all this craps as wars going on with no freaking appreciation but wars I get. Good luck to all members man.
the best way to stop the wars is to not respond in the first place. all the troll wants is to engage you in a war of words. you are giving them what they want when you respond. you don't have to defend your analysis. you know from being on here, your commentary is appreciated by many of us. Ignore the haters. If someone disagrees with what you say, who cares, ignore and move on. Don't even give them the satisfaction of a response. Keep up your posting. I'm part of the many here that like your activity.
  • #1,834
  • Aug 16, 2018 11:36am Aug 16, 2018 11:36am
Quoting RonFXLive
{quote} Hi bro, I will stop posting my analysis and price and just want to sit back and relax and enjoy my pips. Some good members have PM me and ask me to just sit back and watch the postings. Which I think so too. Getting really exhausted by doing this all the time. It’s my effort and my time. Sorry bro. Hope you can understand. Hope that you will learn by hard and success with your green pips. Cheers and thanks everyone in this thread. Ron.
don't be gone too long ron
  • #1,835
  • Aug 16, 2018 11:41am Aug 16, 2018 11:41am
i follow original davit pivot until trolls make some mess on the thread and came here.
  • #1,836
  • Aug 16, 2018 12:24pm Aug 16, 2018 12:24pm
I got nothing against Ron kudos to him for making the money he does, but at the same time understand where Wallaa is coming from. Saying 'I am watching this level', 'Price is going here' without any explanation to help people understand why is like following signals. He probz don't have time which is fair. Anyway Pivots been working well for me with combination of S&D. No fuss
  • #1,837
  • Aug 16, 2018 12:37pm Aug 16, 2018 12:37pm
Hi guys
Lot of new traders on this thread and I am scratching my head why is that even with warning on 1st page.
Remember this is basically advance trading with PA and Pivots and as we witnessed this whole month prices can drop in extremes and you must have exit strategy in place.

Someone commented there is no "rules" about profit taking.Not true I covered this multiple times in old thread not going to waste more time on it but suffice to say TP is relative to PA hence no solid rule can work.Sometimes price goes to 20pips turns around another times goes 100pips to 61S/61R other times range between 38R/38S so as you can see setting solid rule like "I will take TP when price reaches 61R/61S" is not realistic and can become losing proposition because as I said already every pair moves its own price action hence you must make that decision case by case bases.

Just a reminder that when not sure on USD TRADE none USD pairs like AC as example nice bounce from 100S
Focus on crosses where PA is lot more predictable now.
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In trading, you have to be defensive and aggressive at the same time
  • #1,838
  • Aug 16, 2018 2:14pm Aug 16, 2018 2:14pm
hello Davit,
very good see you here again.
without you here, this goes just like a runaway bus.
stay here with us. Or get inside that bus, as a driver. lol
take care, and take your time !!!
do not delay in making these good guidelines

PS
Chess
1-e4
if e5; 2-Cf3
  • #1,839
  • Aug 16, 2018 3:07pm Aug 16, 2018 3:07pm
Once again these Fib levels are dead on!! Just took profit on my ES trade from earlier today. I got in a bit early and got hit a little but got in again for a nice profit for today. I'm just posting this because these levels work on Anything!! I have been doing a lot of testing and backtesting and live
trading so I can definitely say....These levels Work and provide an excellent added level of confluence to my trading along with my other tools I use. Up over 6k this week. Davit, again, well done sir!!
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  • #1,840
  • Aug 16, 2018 5:11pm Aug 16, 2018 5:11pm
Price action first.
This is just an nice example of price action
CHF Pairs should not be traded with this system unless confident with trading ability

If you don't understand the price action on this chart you should not be trading this system.
Here is a breakdown of PA on this pair
Price is in a clear down trend. Price then went into a 4 day range known as accumulation. From there we had a further break out south very bearish with no corrective swings. Price CANNOT plummet down and then not correct it simple cant due to supply demand buyers sellers trades being made however you want too look at it. Anyway price has moved down to the S38 (weak level of support) now price is at a S level despite it being weak we watch price action. We have a stall this gets our attention we don't enter on seeing this, this is the market saying hey heads up notice how price made a lower low We now expect a new Higher low to form. From there we wait we get an inverted hammer at support. Now we get our bullish engulfing candle wait till it closes if you enter and candle hasn't closed it can always go wrong. The candle closes and we take our first entry based on the following
1) we are at a S zone
2) we see a stall and a inverted hammer
3) we get a bullish engulfing candle

Price proceeds up very slow but im confident as
1) Price needs to correct
2) ive had 3 bullish signs

We then get a further bullish breakout which also breaks a trendline this is another key point, that break out creates a new Higher high. now on a trendline break or a breakout, the breakout isn't confirmed unless price pulls back and creates a new Lower High this then confirms our trend change (and another entry will be placed here) Keep in mind we was expecting price to make a new Higher Low not a new Higher high.

My Target as described in the PDF handbook will be first the WP as this is where price is at equilibrium then the opposing R38 to the first TP is 55 odd pips and the opposing R38 is around 135 odd pips I think. That's 190 Pips off 1 trade now if we use multiple lots this is where we make our pips.

This is all price action notice how I didn't even mention or post what TDI was doing. You should be able to trade this system without TDI. TDI is a warm fuzzy and well it does lag like all indicators do. How often have you seen TDI cross and then price go against you. TDI just gives added confidence.

Hope you all learn something from this.
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