Pivot Trading | Page 573 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #11,441
  • Sep 12, 2017 6:25am Sep 12, 2017 6:25am
Pretty eventful week already.
EU
Attached Image (click to enlarge)
Click to Enlarge Name: EU12Sep.png Size: 117 KB

GU
Attached Image (click to enlarge)
Click to Enlarge Name: GU12Sep.png Size: 118 KB

GJ
Attached Image (click to enlarge)
Click to Enlarge Name: GJ12Sep.png Size: 119 KB

XU
Attached Image (click to enlarge)
Click to Enlarge Name: XU12Sep.png Size: 118 KB
  • #11,442
  • Sep 12, 2017 6:30am Sep 12, 2017 6:30am
awesome!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #11,443
  • Sep 12, 2017 7:09am Sep 12, 2017 7:09am
Quoting solecrusader
Pretty eventful week already. EU {image} GU {image} GJ {image} XU {image}
aweful week for me, my issue is not trading with the trend
do you use any techniques to enter the trend using the pivots?
i tried MA's but they're lagging as we all know
  • #11,444
  • Sep 12, 2017 7:38am Sep 12, 2017 7:38am
Quoting shay14
{quote} aweful week for me, my issue is not trading with the trend do you use any techniques to enter the trend using the pivots? i tried MA's but they're lagging as we all know
Well i don't use any indicators as almost all of them show you the past and are useless. I usually draw trendlines and the S&D zones manually. Pivots I use as a confirmation to enter the trade.

I never enter a trade against the trend, this is what i have learned through past experience.
  • #11,445
  • Sep 12, 2017 8:12am Sep 12, 2017 8:12am
Quoting solecrusader
{quote} Well i don't use any indicators as almost all of them show you the past and are useless. I usually draw trendlines and the S&D zones manually. Pivots I use as a confirmation to enter the trade. I never enter a trade against the trend, this is what i have learned through past experience.
You normally trade on the 4H?
Trade with confidence, trade without fear.
  • #11,446
  • Sep 12, 2017 8:52am Sep 12, 2017 8:52am
Quoting Cryptosurf
{quote} You normally trade on the 4H?
I trade H4, Daily, Weekly and sometimes H1. Major reason being i have a full time job and secondly these are actually the TF's where you can catch the trend. I personally find these TF's pretty relaxing to trade as i like to let the trades run for days and sometimes weeks.
  • #11,447
  • Sep 12, 2017 9:05am Sep 12, 2017 9:05am
Quoting solecrusader
{quote} I trade H4, Daily, Weekly and sometimes H1. Major reason being i have a full time job and secondly these are actually the TF's where you can catch the trend. I personally find these TF's pretty relaxing to trade as i like to let the trades run for days and sometimes weeks.
Ok thanks, I to find trading the higher TF's less stressfull.
Trade with confidence, trade without fear.
  • #11,448
  • Sep 12, 2017 5:40pm Sep 12, 2017 5:40pm
Quoting solecrusader
{quote} Well i don't use any indicators as almost all of them show you the past and are useless. I usually draw trendlines and the S&D zones manually. Pivots I use as a confirmation to enter the trade. I never enter a trade against the trend, this is what i have learned through past experience.
I'm confused as you say you never trade against the trend and that you trade 4h, daily, weekly. EU has been bullish for months yet top of this page your chart shows you have been short EU. I can understand the trade from a pivot point of view but not if you don't trade against the trend.
Hope for the best, prepare for the worst.
  • #11,449
  • Sep 12, 2017 5:45pm Sep 12, 2017 5:45pm
Quoting solecrusader
Pretty eventful week already. EU {image} GU {image} GJ {image} XU {image}
Hi,
Do you think GJ has gas left to go to 148.400/450 as it looks like major momentum upwards unless some geopolitical or event threat blows it down ?
  • #11,450
  • Sep 12, 2017 5:55pm Sep 12, 2017 5:55pm
Quoting Expo33
Hello comrades. This is my first post here although I've been lurking for quite some time. A hardy thank you to Davit for all of his hard work in putting this thread together. Like Davit, I am pressed for time but I wanted to contribute here as this style of trading really fits my tastes. I'm a Renko junkie and am also very fond of FIB re-tracements/extensions. In addition, I have been dabbling in harmonic structures for about 10 years (it's a lifetime study for sure). Anyways, thought I post this set up for AUDCAD 1) A nice crisp TDI separation...
Hi Expo33 welcome
Continue contributing however I do suggest using my template because it puts everyone on same page.
regards
In trading, you have to be defensive and aggressive at the same time
  • #11,451
  • Sep 12, 2017 5:57pm Sep 12, 2017 5:57pm
Quoting jospin
{quote} Hi, Do you think GJ has gas left to go to 148.400/450 as it looks like major momentum upwards unless some geopolitical or event threat blows it down ?
Best you don't trade something that you can easily be run over.Try pairs that have lower ADR
When you make a mistake on slower pairs you can usually recover but on GJ its hard specially when you have it wrong side of the swing.
regards
In trading, you have to be defensive and aggressive at the same time
  • #11,452
  • Sep 12, 2017 6:01pm Sep 12, 2017 6:01pm
Quoting dab
{quote} I'm confused as you say you never trade against the trend and that you trade 4h, daily, weekly. EU has been bullish for months yet top of this page your chart shows you have been short EU. I can understand the trade from a pivot point of view but not if you don't trade against the trend.
I personally trade swings
Trend? What is and how to define it. Example AN is it still going up or its already in new down trend same on EN and same on EU
That's the problem you can easily be stuck on wrong side. When you think in swings pivots help identity them.Think swings not trends
Some define trend based on 200MA above up below down however distance between 200MA and price can be over 300-700+pips and in terms of practical trading its useless.See chart 200MA
regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZDDaily.png Size: 38 KB
Click to Enlarge Name: EURNZDDaily2.png Size: 30 KB
In trading, you have to be defensive and aggressive at the same time
  • #11,453
  • Sep 12, 2017 6:09pm Sep 12, 2017 6:09pm
Quoting solecrusader
Pretty eventful week already. EU {image} GU {image} GJ {image} XU {image}
awesome job you are doing!Very inspiring!
In trading, you have to be defensive and aggressive at the same time
  • #11,454
  • Sep 12, 2017 6:14pm Sep 12, 2017 6:14pm
Quoting shay14
{quote} aweful week for me, my issue is not trading with the trend do you use any techniques to enter the trend using the pivots? i tried MA's but they're lagging as we all know
try paper trading for a month.Get things sort out.When things don't work out don't force examine why.It could be your stops are too wide or your positions too big or inpatient entering too early.
In trading, you have to be defensive and aggressive at the same time
  • #11,455
  • Sep 12, 2017 7:10pm Sep 12, 2017 7:10pm
Quoting Davit
{quote} Hi Expo33 welcome Continue contributing however I do suggest using my template because it puts everyone on same page. regards
Thanks Davit.

I noticed posters use different colored templates so I'm assuming you mean stick to regular candles and not Renko? I use the darker template as my eyes have trouble with the lighter background.
Pride always comes before destruction.... -Proverbs 16:18
  • #11,456
  • Sep 13, 2017 7:08am Sep 13, 2017 7:08am
Quoting solecrusader
{quote} Well i don't use any indicators as almost all of them show you the past and are useless. I usually draw trendlines and the S&D zones manually. Pivots I use as a confirmation to enter the trade. I never enter a trade against the trend, this is what i have learned through past experience.
Hello Davit,
I've been lurking your thread for about 6 months, and I want to thank for it, it means a lot for me. Now, I've been starting to trade with live acc for few months, hope this thread would be more active like 2 months before.

Hello solecrusader,
I want to confirm your sentence above, are you open your position right after breakout of the trend? I found that your positions are not at the top of the trend (most people aiming for).

Regards
  • #11,457
  • Sep 13, 2017 10:06am Sep 13, 2017 10:06am
Quoting Expo33
{quote} Thanks Davit. I noticed posters use different colored templates so I'm assuming you mean stick to regular candles and not Renko? I use the darker template as my eyes have trouble with the lighter background.
IMO I think changing the colors are fine, just keep it as close to the original setup (candles and indi's) so we're all on the same page.
Trade with confidence, trade without fear.
  • #11,458
  • Sep 13, 2017 12:19pm Sep 13, 2017 12:19pm
Quoting Expo33
{quote} Thanks Davit. I noticed posters use different colored templates so I'm assuming you mean stick to regular candles and not Renko? I use the darker template as my eyes have trouble with the lighter background.
Hi Expo colors are not important but indicators are.Thank you
In trading, you have to be defensive and aggressive at the same time
  • #11,459
  • Sep 13, 2017 12:20pm Sep 13, 2017 12:20pm
closed another small batch on EN
Have AU and EG shorts running
+332pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 36 KB
In trading, you have to be defensive and aggressive at the same time
  • #11,460
  • Sep 13, 2017 12:23pm Sep 13, 2017 12:23pm
Quoting DHPips
{quote} Hello Davit, I've been lurking your thread for about 6 months, and I want to thank for it, it means a lot for me. Now, I've been starting to trade with live acc for few months, hope this thread would be more active like 2 months before. Hello solecrusader, I want to confirm your sentence above, are you open your position right after breakout of the trend? I found that your positions are not at the top of the trend (most people aiming for). Regards
have lot going on my personal life that does not allow time.Back injury among other things.
thank you and sorry for not being as active
In trading, you have to be defensive and aggressive at the same time
25 traders viewing now