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Pivot Trading

  • #11,001
  • Jul 12, 2017 10:51pm Jul 12, 2017 10:51pm
Quoting nazarbobel
{quote} Thank you for the charts Ibar51 and thank you for the help everyone else. I have started to look at 1hr charts and maybe 4hr to see the larger trend. As today was volatile, I think the larger time frames helped. I think I am slowly starting to understand how to place entries earlier and pending orders have helped to not get caught on the wrong side of the trade. Thank you everyone again. {image}
Hi nazarbobel, better buying cad, like Davit said.
I know one thing, that I know nothing - Socrates
  • #11,002
  • Jul 12, 2017 11:23pm Jul 12, 2017 11:23pm
built a 6 position short on AU
7693


Inserted Video

enjoy
In trading, you have to be defensive and aggressive at the same time
  • #11,003
  • Jul 12, 2017 11:27pm Jul 12, 2017 11:27pm
Reload short on EU yesterday target 1.12xx
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I know one thing, that I know nothing - Socrates
  • #11,004
  • Jul 12, 2017 11:28pm Jul 12, 2017 11:28pm
Quoting Davit
built a 6 position short on AU 7693 https://www.youtube.com/watch?v=pyUZh_Cbw6Q enjoy
same page here, im with you
I know one thing, that I know nothing - Socrates
  • #11,005
  • Jul 12, 2017 11:42pm Jul 12, 2017 11:42pm
Quoting Tamarind77
Reload short on EU yesterday target 1.12xx {image}
Good Evening T
Not sure about your TP highly unlikely.
In trading, you have to be defensive and aggressive at the same time
  • #11,006
  • Jul 12, 2017 11:43pm Jul 12, 2017 11:43pm
Thanks Davit for the Awesome Pivot Indicator ..I used a similar system with Murray Math Lines and then got off-tracked with all the fancy indicators n all the BS ...ur system has put me back on the right track again ...Thank You and Green Pips to all of u always .
  • #11,007
  • Jul 12, 2017 11:55pm Jul 12, 2017 11:55pm
Guys be extra careful with AU...it shows clearly accumulation and gearing up to break to the upside...it s really tempting to take shorts at this levels but watch the price action carefully.
Green pips to all!!
  • #11,008
  • Jul 13, 2017 12:02am Jul 13, 2017 12:02am
Quoting stormtrader
Guys be extra careful with AU...it shows clearly accumulation and gearing up to break to the upside...it s really tempting to take shorts at this levels but watch the price action carefully. Green pips to all!!
You have good point.Remember fish net is 61-100 its good inside this zone
Can it break up? Yes beyond 100? Yes.Can it drop to 7550 yes also true so not knowing the outcome is what EDGE is repeating patterns and getting the majority trades in +side. Its simple as that.
Casino has about 3% Edge but Casino does not know which particular game is a winner but they do know out of 10k bets they have 3K Edge and when you are dealing millions 3% adds up quick.Hopefully this helps.Basically what I am saying is I trust my edge to play the probabilities.

Very strong R above 77 and that requires fundamentals which I don't think Aussie has it going for it at this junction.
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In trading, you have to be defensive and aggressive at the same time
  • #11,009
  • Jul 13, 2017 12:03am Jul 13, 2017 12:03am
Quoting trader1024
Thanks Davit for the Awesome Pivot Indicator ..I used a similar system with Murray Math Lines and then got off-tracked with all the fancy indicators n all the BS ...ur system has put me back on the right track again ...Thank You and Green Pips to all of u always .
welcome and good luck
In trading, you have to be defensive and aggressive at the same time
  • #11,010
  • Jul 13, 2017 12:08am Jul 13, 2017 12:08am
Quoting Davit
{quote} You have good point.Remember fish net is 61-100 its good inside this zone Can it break up? Yes beyond 100? Yes.Can it drop to 7550 yes also true so not knowing the outcome is what EDGE is repeating patterns and getting the majority trades in +side. Its simple as that. Casino has about 3% Edge but Casino does not know which particular game is a winner but they do know out of 10k bets they have 3K Edge and when you are dealing millions 3% adds up quick.Hopefully this helps.
I couldn't agree with you more Davit,
I m just concerned of the magnitude of a break to the upside...i m talking beyond .78xxx
My take, i ll stay out of this pond...there s plenty of ponds with fish around.
Thank you for your response.
  • #11,011
  • Jul 13, 2017 12:10am Jul 13, 2017 12:10am
Quoting stormtrader
{quote} I couldn't agree with you more Davit, I m just concerned of the magnitude of a break to the upside...i m talking beyond .78xxx My take, i ll stay out of this pond...there s plenty of ponds with fish around. Thank you for your response.
Its your account you are trading its important you feel comfortable! That's important relax mind.
Its also important not scared yourself! One trader here bailed out on AN longs at 445 and was worried PA was heading to parity! He missed out on trades that were profitable had he not imagined scenarios that was not there he would of had great harvest of pips.
Same on EU thread same guys were screaming EU parity...ETC ETC. You follow me? Trading is repeating patterns not projecting your fears.Its understanding how probabilities plays out.
In trading, you have to be defensive and aggressive at the same time
  • #11,012
  • Jul 13, 2017 12:21am Jul 13, 2017 12:21am
Quoting Davit
{quote} Good Evening T Not sure about your TP highly unlikely.
Good evening Davit, yes right, that target temporary, i will close base on PA+new support coming.
regards,
I know one thing, that I know nothing - Socrates
  • #11,013
  • Jul 13, 2017 12:35am Jul 13, 2017 12:35am
Quoting Davit
{quote} Its your account you are trading its important you feel comfortable! That's important relax mind. Its also important not scared yourself! One trader here bailed out on AN longs at 445 and was worried PA was heading to parity! He missed out on trades that were profitable had he not imagined scenarios that was not there he would of had great harvest of pips. Same on EU thread same guys were screaming EU parity...ETC ETC. You follow me? Trading is repeating patterns not projecting your fears.Its understanding how probabilities plays out.

Thank you Davit...it s really hard to get rid of the garbage i guess.
You are absolutely right. we don't need to know and we can not know what s coming next.
Just play it out. Besides what we see is for sure what everyone sees and what they want us to see.
Thank you again!
  • #11,014
  • Jul 13, 2017 12:35am Jul 13, 2017 12:35am
Small trade..AC
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  • #11,015
  • Jul 13, 2017 12:48am Jul 13, 2017 12:48am
GBPUSD from yesterday
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  • #11,016
  • Jul 13, 2017 2:34am Jul 13, 2017 2:34am
Quoting vickym
{quote} Going good so far {image}
Will scale out on WPP
Edit - closed for +650
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Fall seven times, stand up Eight! #GGMU
  • #11,017
  • Jul 13, 2017 2:39am Jul 13, 2017 2:39am
Hi Davit,

Ive been reading the thread since yesterday and liking your approach and methodology.

Have your templates/indicators changed since you loaded them right at the beginning? If so can you load current versions.

Thank you
Rafaz
  • #11,018
  • Edited 4:15am Jul 13, 2017 4:04am | Edited 4:15am
Update on EA. I started building this a few weeks ago just before Draghi and his cronies caused some mild havoc. Always have some bullets left in the gun for those anything can happen moments..

Note Entries at S61/S78 are from 3 weeks ago and not new trades!
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Private Msgs are turned off to weirdos, loafs and brain drainers
  • #11,019
  • Jul 13, 2017 4:49am Jul 13, 2017 4:49am
Quoting Rafaz1
Hi Davit, Ive been reading the thread since yesterday and liking your approach and methodology. Have your templates/indicators changed since you loaded them right at the beginning? If so can you load current versions. Thank you Rafaz
Nothing has changed..all remains same as in the 1st post by Davit
Fall seven times, stand up Eight! #GGMU
  • #11,020
  • Jul 13, 2017 5:20am Jul 13, 2017 5:20am
Hello Friends, Been waylaid by bad health for a few months. Now feeling better. Opened a live account and starting to trade Davit's Excellent method. ( I read The first 200 or so pages and now feel I can trade live.)

Here is my first trade. Not taking too many lots. Started with just 2 lots at the moment. Will increase in the coming days..

Thanks Davit for the excellent method

Cheers
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