Pivot Trading

Quoting silentshadow

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Thanks @davit and other contributors and collaborators. I have read through this whole thread twice, spent some considerable amount of time understanding how you people plan your trades and the advancement in set-ups that has been made progressively. I am based out of Asia (+530) and pre-dominantly been trading index and commodity and being trying to understand FX pairs from the past year and half - One word its been a fascinating journey and then i stumbled upon this thread and its AWESOME I have a small request to make over here - Is there someone...

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Quoting Davit

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{quote} Hi Berry Thanks for asking my son is doing good and doctors never figured cause of his lung collapse totally.He is doing well now. My back is in "recovery mode" doing lots of stretching, light yoga and power walking.I am just happy being able to walk... regards

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Quoting FXgunner1969

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{quote} Hi silentshadow, i also from asia, let's together to make money from here.

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Quoting Davit

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This is why placing fix SL is detrimental to your account. Look at this spike down!Cleared all weak longs totally. Market Makers clearing the house.Getting tired of people telling me "where is your SL" This is war guys.Everyone wants your money! Be smart protect yourself.Trade small and hit it hard when its obvious. {image}

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Quoting zackz

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{quote} That spike is insane! Mine barely touched the S100 level.. i understand why you don't want to use SL. But should we use TP .Wouldn't that be good in such scenarios?? P.S. Best wishes and a speedy recovery to you and your son!! {image}

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Quoting Davit

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From a perspective of trend trading its obviously bearish new trend. 3 large weekly red candles followed by correction and most likely more red candles to follow until Dec. {image}

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Quoting AndrewBa-

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Hi, I am new and read the introduction of the thread, installed eveything.... But still, I've got some questions I couldn't find answered: The daily open line indi, timezoneofdata, what timezone is 0 (is it GMT)?! Can you explain the symbols in the attached picture?! (and I don't mean the arrows, more the color of the boxes and the thing above that) {image}

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Quoting Davit

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{quote} Hi Alex Welcome! What's the update on your trades?

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Quoting AndrewBa-

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Hi, I am new and read the introduction of the thread, installed eveything.... But still, I've got some questions I couldn't find answered: The daily open line indi, timezoneofdata, what timezone is 0 (is it GMT)?! Can you explain the symbols in the attached picture?! (mean the color of the boxes and the ring above that) {image}

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Quoting zackz

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{quote} The time zone 0 would be your broker's server time.. With 0, your daily open line should start at 00:00 server time..

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Quoting Davit

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{quote} Hi FXgunner (fun name) Make sure you watch Mark Douglas Videos and you understand it thoroughly.You must understand probability theory or you will not succeed in this business. cheers original videos have been deleted from YouTube but they are still around.Please read "trading in the Zone"

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Quoting Alex1055

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{quote} Hello Davit ,thanks again in your thread,I read a lot of systems,but this is far away the best of the bestest,no=1The Weekly,Davit!!!Pivots are amazing and MM too.if I understand correctly.I have 3 questions: 1)I don"t know what you mean with update,my Gsm,entry..? 2)about your MM,how many money,max.money do you have in one day,so,max balance risk in all trades in one day or week at the same time,this is important,at the same time of your balance,balanc risk in % in trades? 3)TDI Clone-is a exponential or simple settings? Thanks again p.s.Ave...

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Quoting Alex1055

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{quote} Trades today,0.6 standard lot on 10k balance.Is this too much,Davit.Thanks for answer.Alexander {image}

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Quoting AndrewBa-

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{quote} Thanks!

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