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Pivot Trading

  • #11,641
  • Sep 27, 2017 5:26am Sep 27, 2017 5:26am
Quoting acsandrei
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 {image} {image} {image} {image}
Issue I have is on all your trades you are late.Notice you are on H4.That's fine in general but when risking your own money getting late could become end of the swing or "wave" then dominate trend continuing.Its funny when you say "I can't find difference between them" How about where they are?Major support? Multiple Tops? Is the pair ranging or trending? THese are questions you must ask and look.Should become automatic like driving a car.
Try dropping to H1 and see how you do
In trading, you have to be defensive and aggressive at the same time
  • #11,642
  • Edited 9:47am Sep 27, 2017 5:31am | Edited 9:47am
UJ at 61R watch PA
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 36 KB
In trading, you have to be defensive and aggressive at the same time
  • #11,643
  • Sep 27, 2017 7:01am Sep 27, 2017 7:01am
Quoting Davit
{quote} Issue I have is on all your trades you are late.Notice you are on H4.That's fine in general but when risking your own money getting late could become end of the swing or "wave" then dominate trend continuing.Its funny when you say "I can't find difference between them" How about where they are?Major support? Multiple Tops? Is the pair ranging or trending? THese are questions you must ask and look.Should become automatic like driving a car. Try dropping to H1 and see how you do
Thank you very much, I will try to implement these filters and see the difference.
Avoid the crowd. Be chess player, not chess piece
  • #11,644
  • Sep 27, 2017 7:10am Sep 27, 2017 7:10am
Today's trade, possibly reaching the top,

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH42709177.png Size: 37 KB


Cheers
MR
Silence your Ego & Your Power will Rise
  • #11,645
  • Sep 27, 2017 7:38am Sep 27, 2017 7:38am
Quoting mraam
Today's trade, possibly reaching the top, {image} Cheers MR
Is it me or are your WP settings way off? Mine and Davits show UJ WP to be around 112, yours is on 110.

Try using "Davits Pivot V3.2 Auto".
Trade with confidence, trade without fear.
  • #11,646
  • Sep 27, 2017 7:56am Sep 27, 2017 7:56am
Quoting Davit
possible for CJ to hit Wp and all better.This pair is due to major correction {image}
Man, that was a great call!
Trade with confidence, trade without fear.
  • #11,647
  • Sep 27, 2017 7:58am Sep 27, 2017 7:58am
Quoting acsandrei
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 {image} {image} {image} {image}
I think what you do is to waiting for confirmation, that's why Davit said you are late in entries. And he is right about Trend and Range. If price going down and quick bounce from one of the support levels not always mean reversal. On first picture where you Buy is you missed precise entry with Pin bar . I would be more cautious in the future to Buy on Down trend until you have positive confirmation ( it can be formation like HnS, longer wick Pin bar or divergence) those my favorite. I hope it helps. Just my 2 cents.
  • #11,648
  • Sep 27, 2017 8:30am Sep 27, 2017 8:30am
Quoting Davit
possible for CJ to hit Wp and all better.This pair is due to major correction {image}
I see pretty good divergence forming on 1D chart. Waiting for data coming at 11:45. Can be first reverse signals
  • #11,649
  • Sep 27, 2017 9:47am Sep 27, 2017 9:47am
Quoting Davit
UJ at 61R watch PA {image}
Have you guys watching? !!!
This can't get any easier.Watch key pivot 61-100 PA then get in.Rest is probability over number of trades
Don't try complicate it its not
In trading, you have to be defensive and aggressive at the same time
  • #11,650
  • Sep 27, 2017 10:04am Sep 27, 2017 10:04am
Quoting Davit
{quote} Have you guys watching? !!! This can't get any easier.Watch key pivot 61-100 PA then get in.Rest is probability over number of trades Don't try complicate it its not
I lost it
I will wait for a re-test, if it will do it
Avoid the crowd. Be chess player, not chess piece
  • #11,651
  • Sep 27, 2017 10:16am Sep 27, 2017 10:16am
Quoting Davit
{quote} Have you guys watching? !!! This can't get any easier.Watch key pivot 61-100 PA then get in.Rest is probability over number of trades Don't try complicate it its not
I missed it too. Don't want to jump the train. I am in on CJ
  • #11,652
  • Sep 27, 2017 10:24am Sep 27, 2017 10:24am
BOC Gov Poloz Speaks in 20 min should move the CAD
nobody wants a strong currency so I don't anticipate too positive outlook
In trading, you have to be defensive and aggressive at the same time
  • #11,653
  • Sep 27, 2017 10:35am Sep 27, 2017 10:35am
Quoting Davit
{quote} Have you guys watching? !!! This can't get any easier.Watch key pivot 61-100 PA then get in.Rest is probability over number of trades Don't try complicate it its not
That was awesome, a classic swing failure!

Easy peasy....

Attached Image (click to enlarge)
Click to Enlarge Name: UJSFP.PNG Size: 60 KB
Trade with confidence, trade without fear.
  • #11,654
  • Sep 27, 2017 10:43am Sep 27, 2017 10:43am
Quoting Cryptosurf
{quote} That was awesome, a classic swing failure! Easy peasy.... {image}
I have day job( not in trading ) the only time I place my orders its after NY close. So I miss a lot of good entries. Rare I trade from my phone
  • #11,655
  • Sep 27, 2017 10:43am Sep 27, 2017 10:43am
Quoting Cryptosurf
{quote} That was awesome, a classic swing failure! Easy peasy.... {image}
Maybe but day is still young.Could drop to 1240 by 5pm
Time is real factor.Some of my trades lasts days some even months...like AU and EG

WOW what a spike down on CJ Sweet
In trading, you have to be defensive and aggressive at the same time
  • #11,656
  • Sep 27, 2017 10:51am Sep 27, 2017 10:51am
Quoting Davit
BOC Gov Poloz Speaks in 20 min should move the CAD nobody wants a strong currency so I don't anticipate too positive outlook
I was reading over and over first page of your thread and your profile info until it stroke me. How you put fundamentals and technical together. It's brilliant. CJ is perfect example.
  • #11,657
  • Sep 27, 2017 10:57am Sep 27, 2017 10:57am
Quoting Davit
BOC Gov Poloz Speaks in 20 min should move the CAD nobody wants a strong currency so I don't anticipate too positive outlook
I AM ENTRY 1 minut after the news....
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADH1.png Size: 74 KB
  • #11,658
  • Sep 27, 2017 11:02am Sep 27, 2017 11:02am
Entered on usdsgd: break out of a trend line and tdi crossed down in overbought.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.JPG Size: 97 KB
Avoid the crowd. Be chess player, not chess piece
  • #11,659
  • Sep 27, 2017 11:26am Sep 27, 2017 11:26am
Loaded on CJ will see how low it'll go
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM15.png Size: 50 KB
In trading, you have to be defensive and aggressive at the same time
  • #11,660
  • Sep 27, 2017 11:51am Sep 27, 2017 11:51am
Quoting Davit
Loaded on CJ will see how low it'll go {image}
Same here. Only you have yours way higher. My top order 91.11. Target 90.08 . If momentum persists! Davit can you tell me your vision on multiple orders idea? If you know for fact that price is going your way why not just use 1 order with higher volume? I am trying to understand the concept.
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