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Pivot Trading

  • #11,621
  • Edited 8:39am Sep 26, 2017 8:28am | Edited 8:39am
[quote = denisius; 10329912] {quote} ¡Hola Fibo! Estaba siguiendo a UC durante los últimos 5 días y comencé a construir mi resistencia corta a 38, pero con esa presión podría extenderse más alto. Vi divergencia múltiple en líneas de tiempo más pequeñas pero no giraron todavía. ¿Qué piensas? Sólo necesita una segunda opinión, ya que el comercio de ese par. ¡Gracias de antemano! [/ Quote]
My trade was a few pips and out.
the overall trend is bearish.This is my analysis, long term
My long-term opinion is that it has to reach 110,800... maybe
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  • #11,622
  • Sep 26, 2017 8:35am Sep 26, 2017 8:35am
Could this be a good set up for an up-move? Or it has to break today's open? Or it isn't good at all? I'm still learning this method
What do you think?
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Avoid the crowd. Be chess player, not chess piece
  • #11,623
  • Edited 9:25am Sep 26, 2017 9:09am | Edited 9:25am
Quoting Davit
Guys thank you I am in pain now and typing from tablet staring at the ceiling I would not wish this pain even my worst foe. Miss looking at the market Right now my goal is to stand up not an easy task now Anyway green pips
Hi Davit,
I have been following your thread for sometime now. I am always happy to read of the unselfishness of You and the other traders. I am a rocky so I am still trying to put my hands around Fundamentals. I feel led to pray for your back pain to go, I have never done something like this before. You see, this is what myself and my wife do. We pray for people in the Name of Jesus Christ for pain to go and it leaves most of the time. As you read this place your hand where it hurts, all others who is reading this agree with me as we love on Davit. here goes
Heavenly Father in the name of Jesus Christ I bring Davit pain before you, I command all pain to leave Davit back and wherever else now, all pain go, muscle nerves bones be heal in Jesus Name. All pain go now.
Amen.
Now let see what Jesus has done.
  • #11,624
  • Sep 26, 2017 10:06am Sep 26, 2017 10:06am
Hi Davit,
I have question Davit.!!!!
What is your configuration in Oanda, about daily open line indicator?
I have this.
Let me know.
Thanks
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  • #11,625
  • Sep 26, 2017 10:14am Sep 26, 2017 10:14am
Hi Davit, echoing the sentiments of everyone here. Hope you will recover well.

Not a pair most trade but I like this set up. GBP/CHF short off a retest of the weekly pivot. Only risking 20 pips for about 70.
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Pride always comes before destruction.... -Proverbs 16:18
  • #11,626
  • Sep 26, 2017 11:42am Sep 26, 2017 11:42am
guys due to back pain i cant type too much.Great news is I managed to get up from agonizing bed and it was painful as hell 4 attempts and 4 back spasms in screams.
Finally managed with tears in my eyes to get up because I know longer stay in bed worst it gets.Just looked over charts and basically my approach is identify the trend and keep hammering the rallies so watching CJ EJ again to reload
My results have been unbelievable this month 22% gain.Take a look

Thank you deeply for well wishers and I will respond more once I am able to seat
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In trading, you have to be defensive and aggressive at the same time
  • #11,627
  • Sep 26, 2017 11:45am Sep 26, 2017 11:45am
expecting a bounce on EJ then watch to reload
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In trading, you have to be defensive and aggressive at the same time
  • #11,628
  • Sep 26, 2017 11:46am Sep 26, 2017 11:46am
Quoting deepdrunk
Hi Davit,first let me thank you for the system.I am trading Forex,CFD,Stocks and Metals over 15 years,blow up my acc. twice...lot of systems,approaches,psychology etc.In few words i have lot of experiences.Your approach is grate with proper levarage and i am following this system on demo and live with small lots preparing to go back full lots. Any way i can imagine what pain your lower back is giving you.i do not know the reason for your back pains but i will tell you my case from 1012. I have spine disease Bechterew or AS-Ankylosing spondylitis...
welcome! and thank you will respond more later
In trading, you have to be defensive and aggressive at the same time
  • #11,629
  • Sep 26, 2017 11:49am Sep 26, 2017 11:49am
possible for CJ to hit Wp and all better.This pair is due to major correction
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In trading, you have to be defensive and aggressive at the same time
  • #11,630
  • Sep 26, 2017 1:00pm Sep 26, 2017 1:00pm
Quoting DHPips
{quote} Very inspiring! I found that you don't have exit point (TP), so how do you decide to exit? Is it after PA break the main trend or how?
Quoting denisius
{quote} Your performance insane! My only question is where is your TP? How do you determine when to get out? This is hands Down largest amount of pips I ever seen!
For trending pairs, I usually keep on moving my SL and let the opposite trend close my trades. For ranging pairs i do have a TP.

Quoting Davit
guys due to back pain i cant type too much.Great news is I managed to get up from agonizing bed and it was painful as hell 4 attempts and 4 back spasms in screams. Finally managed with tears in my eyes to get up because I know longer stay in bed worst it gets.Just looked over charts and basically my approach is identify the trend and keep hammering the rallies so watching CJ EJ again to reload My results have been unbelievable this month 22% gain.Take a look Thank you deeply for well wishers and I will respond more once I am able to seat {image}...
Pretty impressive Davit. I am also pretty satisfied with my results as well. Have a DD of less than 4% in the last 9 months

Few of the trades i am in this week.
NU
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EU
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AU
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Greetings from Munich
  • #11,631
  • Sep 26, 2017 1:08pm Sep 26, 2017 1:08pm
Davit - The only person in this thread who gives valuable posts.

Quoting Davit
expecting a bounce on EJ then watch to reload {image}
Hi,
I look here from time to time to look for some set ups that i could miss.
I do not trade with pivot indicator. I think that instead of showing off with trades that are in green, you should share some trade ideas to each other.


Green pips.
you can't stop the waves, but you can learn to surf
  • #11,632
  • Sep 26, 2017 1:45pm Sep 26, 2017 1:45pm
Quoting forda
Davit - The only person in this thread who gives valuable posts. {quote} Hi, I look here from time to time to look for some set ups that i could miss. I do not trade with pivot indicator. I think that instead of showing off with trades that are in green, you should share some trade ideas to each other. Green pips.
Hi Forda
If you look few pages back you'll see I posted EJ EA CJ charts set ups before posting my closed trades.I think this thread is about teaching you and others how to trade and certainly not about providing study signals so every nob takes and mishandles badly then disperses from here.
Everything is more or less obvious what to trade because pivots and PA show the way.
As for showing off I think its inspiring to see great results even if they are closed.Its a proof that the system works.
regards
In trading, you have to be defensive and aggressive at the same time
  • #11,633
  • Sep 26, 2017 1:46pm Sep 26, 2017 1:46pm
Quoting solecrusader
{quote} {quote} For trending pairs, I usually keep on moving my SL and let the opposite trend close my trades. For ranging pairs i do have a TP. {quote} Pretty impressive Davit. I am also pretty satisfied with my results as well. Have a DD of less than 4% in the last 9 months Few of the trades i am in this week. NU {image} EU {image} AU {image} Greetings from Munich
awesome job! SC
In trading, you have to be defensive and aggressive at the same time
  • #11,634
  • Sep 26, 2017 1:49pm Sep 26, 2017 1:49pm
Quoting TroyDiane
{quote} Hi Davit, I have been following your thread for sometime now. I am always happy to read of the unselfishness of You and the other traders. I am a rocky so I am still trying to put my hands around Fundamentals. I feel led to pray for your back pain to go, I have never done something like this before. You see, this is what myself and my wife do. We pray for people in the Name of Jesus Christ for pain to go and it leaves most of the time. As you read this place your hand where it hurts, all others who is reading this agree with me as we love...
Thank you and I appreciate it.
In trading, you have to be defensive and aggressive at the same time
  • #11,635
  • Sep 26, 2017 1:55pm Sep 26, 2017 1:55pm
Quoting deepdrunk
Hi Davit,first let me thank you for the system.I am trading Forex,CFD,Stocks and Metals over 15 years,blow up my acc. twice...lot of systems,approaches,psychology etc.In few words i have lot of experiences.Your approach is grate with proper levarage and i am following this system on demo and live with small lots preparing to go back full lots. Any way i can imagine what pain your lower back is giving you.i do not know the reason for your back pains but i will tell you my case from 1012. I have spine disease Bechterew or AS-Ankylosing spondylitis...
Hi Deepdrunk
I think with your experience this would come very easily to you.Pivots provide roadmap and helps throwing your fish net around.
Think of this system more like net fishing instead of line or spear fishing.Since we don't know exact spot for entries multiple entries help putting the whole in 1 badge.This is the key low gearing and lots of entries.
Thanks for sharing your back story.I am weary of doctors in general because when you read 95% all back pains goes away naturally and most back surgeries are not necessary then one realizes you should be wary of running to back surgery unless you exhausted all options..
regards
In trading, you have to be defensive and aggressive at the same time
  • #11,636
  • Sep 26, 2017 2:55pm Sep 26, 2017 2:55pm
Quoting Davit
{quote} I am weary of doctors in general because when you read 95% all back pains goes away naturally and most back surgeries are not necessary then one realizes you should be wary of running to back surgery unless you exhausted all options.. regards
Agree about back surgery.Did you try to take some muscle relaxant and pain killers before going to sleep ?

As for trading,i was trading full lots,100 to few hundreds thousand,mostly scalping up to 50-100 pips with great success but when i went longer term trading with same (huge) leverage i got burned badly.
Your approach is great,levels are pretty precise and several smaller entries are good tactic.
However i am still trying to pinpoint my entries because i do not like huge stops.I have suffered stop hunting from my broker on GBPUSD about 15 years ago,they destroy my stop lose (around 150 pips) on huge position and they went up (spike) above any other broker quotes for around 15 pips just to get me out of the winning position(over 500 pips).And i am talking about UK based and regulated broker,bank...i can imagine how things work with small brokers.
That is why i do not believe in stops,especially huge stops because they are not protection,they are TARGETS.
When i talk about stops i do not think just pips,maybe more important is timing,skill to enter just before the move to avoid long waiting which is nerve killer.
Good example is yesterday move on JPY crosses.I went short EURJPY last week close to 134 and stress ttyl yesterday but this time i was 99% sure about the move south.If i wait and enter yesterday it would be lot easier but this 'game' is not easy and i could miss the move yesterday.
Now i am also waiting for USDJPY and EURJPY to try to short again (took profit,maybe to early but it is psychologically game and i needed some profit in my account).From my experience i expect ERJPY to stay in big range if 135 holds and it should be good for Pivot trading.
  • #11,637
  • Sep 26, 2017 3:25pm Sep 26, 2017 3:25pm
Quoting Davit
Guys thank you I am in pain now and typing from tablet staring at the ceiling I would not wish this pain even my worst foe. Miss looking at the market Right now my goal is to stand up not an easy task now Anyway green pips
Sorry about your back pain, speedy recovery mate.
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #11,638
  • Sep 26, 2017 5:05pm Sep 26, 2017 5:05pm
Davit, I see you're on the east coast like myself, do you wake and trade the London session or just set pending orders?
Trade with confidence, trade without fear.
  • #11,639
  • Sep 27, 2017 12:07am Sep 27, 2017 12:07am
Quoting Davit
{quote} Hi Forda If you look few pages back you'll see I posted EJ EA CJ charts set ups before posting my closed trades.I think this thread is about teaching you and others how to trade and certainly not about providing study signals so every nob takes and mishandles badly then disperses from here. Everything is more or less obvious what to trade because pivots and PA show the way. As for showing off I think its inspiring to see great results even if they are closed.Its a proof that the system works. regards
Yes, Davit.

Your work is inspiring, there is no doubt. You show your areas of intrest, you tell what you are do/have done with your positions - that is great work!

The rest of users are only posting charts when everything went wright. New members do not see that they take loss too and how long their positions are underwater.

This is my post from other thread about gold:
I've shorted it. Got short term top at 1350 (possible spike to 1356-7) but i think we are going down first.

Do you think is inspiring for newbies that i have got shorts from top? I don't think that.

Be like Davit guys, share your mistakes too.

Green pips.
you can't stop the waves, but you can learn to surf
  • #11,640
  • Sep 27, 2017 3:24am Sep 27, 2017 3:24am
Hi, about 13 hours ago, i found good these setup for the trigger. I took a screenshot because i want to correct my mistakes (in demo with this strategy). Can you analyze my entrys please? I can't find the difference between them. Thank you
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Avoid the crowd. Be chess player, not chess piece
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