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Pivot Trading

  • #12,161
  • Oct 20, 2017 10:30am Oct 20, 2017 10:30am
Quoting Expo33
By the way Davit I just wanted to say I feel your pain in relation to your back. Recently I was sitting at a red light in my car when this kid blasted into the rear of my car doing 50 mph. City street with 25 mph speed limit, broad daylight AND in a construction zone during rush hour traffic. Anyways, my L4 disc is now sticking out a full centimeter and pressing fully against my nerves causing excruciating shooting pain. Every other day is another doctor's appt. Today I am going in for an epidural steroid injection that will hopefully help. Ultimately,...
Hi Expo
Thank you for concern.My back is getting better.Doing lots of physical therapy.I hope you feel better and I know how painful back pain can be.
Don't dismiss doing specific back exercises some really help.I read most of back pains heal by themselves and no surgery required.
regards

worth reading
Truth about back surgery

http://www.orthopaedicsurgery.uci.ed...usekeeping.pdf
In trading, you have to be defensive and aggressive at the same time
  • #12,162
  • Oct 20, 2017 10:42am Oct 20, 2017 10:42am
Quoting DrForexMD
{quote} Davit, I also hope you get better as well as you Expo33. Lumbar Epidural steroids work well with acute spinal nerve injuries and usually done in a series of 3 procedures over a 3 to 6 month peroid. A caudal epidural is just as helpful for those who have already had lumbar spinal surgery who have pain return after a second spinal injury. All the best for a quick recovery to both of you ! - JG
Thank you for your good vibes.Do feel better
In trading, you have to be defensive and aggressive at the same time
  • #12,163
  • Oct 20, 2017 10:44am Oct 20, 2017 10:44am
Quoting Davit
{quote} Hi Expo Thank you for concern.My back is getting better.Doing lots of physical therapy.I hope you feel better and I know how painful back pain can be. Don't dismiss doing specific back exercises some really help.I read most of back pains heal by themselves and no surgery required. regards worth reading Truth about back surgery http://www.orthopaedicsurgery.uci.ed...usekeeping.pdf
Thx Davit.

Yea, I'm not a fan of surgery at all. For now, I'm going to see how much the injection helps. Guess it will be a couple of days before I notice any difference. Seeing the actual MRI was hard to look at. Seeing that disc sticking out into my nerves. At least all of my medical bills are being paid thru the other guys insurance so I don't have to deal with any of that wherever I get sent for treatment.

Also, there will be a settlement after my treatment has run its full course so that will be a nice little nest egg for my 6 year old daughter.

Cheers
Pride always comes before destruction.... -Proverbs 16:18
  • #12,164
  • Oct 20, 2017 10:45am Oct 20, 2017 10:45am
Quoting Expo33
{quote} Thx Davit. Yea, I'm not a fan of surgery at all. For now, I'm going to see how much the injection helps. Guess it will be a couple of days before I notice any difference. Seeing the actual MRI was hard to look at. Seeing that disc sticking out into my nerves. At least all of my medical bills are being paid thru the other guys insurance so I don't have to deal with any of that wherever I get sent for treatment. Also, there will be a settlement after my treatment has run its full course so that will be a nice little nest egg for my 6 year...
Do wish best outcome!
In trading, you have to be defensive and aggressive at the same time
  • #12,165
  • Oct 20, 2017 10:47am Oct 20, 2017 10:47am
Quoting watzzup
These pivots never cease to amaze me. Some trades i spot for the week. Still learning, would have placed all these trades if my account size and % risk allowed it. Mostly double top trades. AUD/JPY Price bounced off the R100 level. {image} Took this trade. Price bounced off the R38 level. {image} I was waiting for this but i was out and missed it when i came home. Should have place a sell stop order. R61 Zone. {image} Before news release, price was rejecting at the R100 level. CAD core retail sales placed icing on the cake.. {image} Learning to...
I get the same feeling myself as well.Levels do act.You just need to be discerning which trade to take.
good job

To be honest NZ election surprised me and the market overall.Green Party coalition was not expected.Do have DD on AN but should come down for corrections.
In trading, you have to be defensive and aggressive at the same time
  • #12,166
  • Oct 20, 2017 10:51am Oct 20, 2017 10:51am
Quoting sonseeker
Hello to All! was reading through here noticed the link to videos "TRADING IN THE ZONE by late Mark Douglas" no longer available. Wondering if anyone has a copy I could listen to?
There's a couple more of MD I found. Its not the same seminar as posted before but still a good one.
And definitely read the pdf for sure.

Inserted Video


Inserted Video
Trade with confidence, trade without fear.
  • #12,167
  • Oct 20, 2017 10:59am Oct 20, 2017 10:59am
Quoting Cryptosurf
{quote} There's a couple more of MD I found. Its not the same seminar as posted before but still a good one. And definitely read the pdf for sure. https://www.youtube.com/watch?v=7LGUMFNY3N8&t=35s https://www.youtube.com/watch?v=pW4p_JbpOvQ&t=352s
thank you friend.

Core idea to take away from MD is that trading is legit occupation to make money.No different then how casino operates.Its understanding probability theory and random distribution of winners and losers over good chunk of sample size.
Most don't get this part.Your trade outcome is random.The Edge is the key and with Pivots and strong money management like trading small building positions on key pivots you have better EDGE then 3% casino has.
That's it.Keep repeating over and over.Its important you give minimum 3 months to run with this system to see your progress and convince you the merits of it.3 months is good sample size.
cheers
In trading, you have to be defensive and aggressive at the same time
  • #12,168
  • Oct 20, 2017 11:09am Oct 20, 2017 11:09am
Quoting Davit
{quote} I get the same feeling myself as well.Levels do act.You just need to be discerning which trade to take. good job To be honest NZ election surprised me and the market overall.Green Party coalition was not expected.Do have DD on AN but should come down for corrections.

"You just need to be discerning which trade to take."

And THAT is where fundamental analysis comes in handy.
  • #12,169
  • Oct 20, 2017 11:10am Oct 20, 2017 11:10am
Yen on a move sweet
In trading, you have to be defensive and aggressive at the same time
  • #12,170
  • Oct 20, 2017 11:21am Oct 20, 2017 11:21am
Quoting sonseeker
Hello to All! was reading through here noticed the link to videos "TRADING IN THE ZONE by late Mark Douglas" no longer available. Wondering if anyone has a copy I could listen to?
To whomever in need, these are 4 parts of Mark Douglas' seminar.

Inserted Video

Inserted Video

Inserted Video

Inserted Video


Expect EJ to drop a bit more as it's struggling at the previous resistance zone. Then the daily candle could form a nice pin bar
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  • #12,171
  • Oct 20, 2017 11:38am Oct 20, 2017 11:38am
Quoting chrislamb
{quote} To whomever in need, these are 4 parts of Mark Douglas' seminar. https://www.youtube.com/watch?v=rB7eUklQK3A https://www.youtube.com/watch?v=BkHNFMO7VA4 https://www.youtube.com/watch?v=zp8Pcf9N13s https://www.youtube.com/watch?v=M2jPo9EBcMk Expect EJ to drop a bit more as it's struggling at the previous resistance zone. Then the daily candle could form a nice pin bar {image}
thanks a lot.I appreciate it. You know a virus free way to download them on computer?
there are ton of sites where you copy the link and download but most are loaded with shit.
In trading, you have to be defensive and aggressive at the same time
  • #12,172
  • Oct 20, 2017 11:42am Oct 20, 2017 11:42am
Quoting Davit
{quote} thanks a lot.I appreciate it. You know a virus free way to download them on computer? there are ton of sites where you copy the link and download but most are loaded with shit.
Im downloading them now via Firefox w/VideoDownload Helper extension.
Trade with confidence, trade without fear.
  • #12,173
  • Oct 20, 2017 12:09pm Oct 20, 2017 12:09pm
Quoting chrislamb
{quote} To whomever in need, these are 4 parts of Mark Douglas' seminar.
Thanks Chrislamb...
Couple of days before i sent PM to Davit Sir, asking @ first 2 parts missing... & here u sent it altogether 4 parts.
How can I download it on pc?
~hanuraj
  • #12,174
  • Oct 20, 2017 12:25pm Oct 20, 2017 12:25pm
Quoting hanuraj
{quote} Thanks Chrislamb... Couple of days before i sent PM to Davit Sir, asking @ first 2 parts missing... & here u sent it altogether 4 parts. How can I download it on pc?
You can use this Firefox extension to download the videos: https://addons.mozilla.org/en-US/and...eo-downloader/
Trade with confidence, trade without fear.
  • #12,175
  • Oct 20, 2017 12:27pm Oct 20, 2017 12:27pm
Quoting Cryptosurf
{quote} You can use this Firefox extension to download the videos:
Thanks Cryptosurf...
~hanuraj
  • #12,176
  • Oct 20, 2017 12:34pm Oct 20, 2017 12:34pm
Quoting chrislamb
{quote} To whomever in need, these are 4 parts of Mark Douglas' seminar. https://www.youtube.com/watch?v=rB7eUklQK3A https://www.youtube.com/watch?v=BkHNFMO7VA4 https://www.youtube.com/watch?v=zp8Pcf9N13s https://www.youtube.com/watch?v=M2jPo9EBcMk Expect EJ to drop a bit more as it's struggling at the previous resistance zone. Then the daily candle could form a nice pin bar {image}

Thank you! greatly appreciate it...
  • #12,177
  • Oct 20, 2017 1:21pm Oct 20, 2017 1:21pm
Closed in profit
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Invest in Life
  • #12,178
  • Oct 20, 2017 1:30pm Oct 20, 2017 1:30pm
I wanted to post last results. Im semiserious, semidiscipline, semismart
I followed Davits signs, traded in zone. I had huge DD (30%) during week, percentage of successuful trades was around 80%, but i cut some trades at the end of week.
I will continue testing next week, green pips to you all.
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  • #12,179
  • Oct 20, 2017 2:05pm Oct 20, 2017 2:05pm
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These are my meager trades for this week. Win percentage is acceptable. I am happy with it.
  • #12,180
  • Edited Oct 21, 2017 5:46am Oct 20, 2017 5:50pm | Edited Oct 21, 2017 5:46am
Quoting Davit
{quote} Use transparent color on background {image}
Thank you for your work here, Loving your indicators so far.
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