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Pivot Trading

  • #12,581
  • Nov 2, 2017 6:48pm Nov 2, 2017 6:48pm
ok finally I'm putting this on my charts so I can get a way better understanding
last nights GA was the final straw
pivots in, times set
now the anglelator??

where is it
long time reader and I've seen this answered before but...
I will get my head around this, but always can be wrong
  • #12,582
  • Nov 2, 2017 7:26pm Nov 2, 2017 7:26pm
Quoting nimtrader
ok finally I'm putting this on my charts so I can get a way better understanding last nights GA was the final straw pivots in, times set now the anglelator?? where is it long time reader and I've seen this answered before but...
what?

im confused on what you're asking but i would suggest go back and read page 1 several times. after you read page 1 several times go and read the other 629 pages.

I wasn't looking at G/A during it but from what it looks like it got rejected at the r78 lvl and has broke through the pivot and touched the s38. TDI tells me that it might test the pivot line and if it gets rejected it will continue onto further downside potentially falling even further than the s100 lvl if it can break s38.

I assume you are looking for the template and other indicators we use. its all on page 1.

As your quote says. I could be wrong.
  • #12,583
  • Nov 2, 2017 7:31pm Nov 2, 2017 7:31pm
Quoting vickym
I love this thread and this ideology of trading is very dear to me. I do not want to call this a system or method. Davit's style of trading is very logical and perhaps that is why traders who accept it fully gain from it. While all of us post our winners, I'd like to share a trade that resulted in loss for me. We could consider this as a case study. Like most traders out there, I too was certain BoE will raise interest rates today. This expectation created a GBP positive bias in my mind which was so strong that I ignored the rules of my trades....
Hi Vickym
I did exactly the same in EG but am still in DD. Also came to the same conclusion the looked at the charts and decided that the red candles were a fake and that the PA would turn around. also closed my short on GN for a small profit 35pips but could have been hundreds. 2 conclusions trade what in front of you and avoid bias especially when the market has already priced the rate rise in. Logically Carney was never going to be bullish about the prospect of future rate rises. My opinions for what they are worth
  • #12,584
  • Nov 2, 2017 7:34pm Nov 2, 2017 7:34pm
Quoting nimtrader
ok finally I'm putting this on my charts so I can get a way better understanding last nights GA was the final straw pivots in, times set now the anglelator?? where is it long time reader and I've seen this answered before but...
Davit will tell you to look at PA first over TDI/angulator. TDI is used for confirmation not your primary signal. PA at key levels are your signal.

Read the pdf posted here: https://www.forexfactory.com/showthr...1#post10335951
Trade with confidence, trade without fear.
  • #12,585
  • Nov 2, 2017 7:38pm Nov 2, 2017 7:38pm
Quoting pgr45za
{quote} When you factor in the political instability PM May has to deal with (sexual harassment accusations) that distracts her from Brexit negotiations, it's also easy to see it was a factor. In sum, as someone said here today, news trading is a lottery. Sometimes it works, sometimes it does not. As per remaining true to the spirit of this thread, I fully agree, but there is a big temptation to press the button when price bounces off pivot levels (S or R). All in all, price action at these levels seems to be the key. LOCATION is key....
That simply cannot be overstated enough. Davit has mentioned it in the OP and many times.
Trade with confidence, trade without fear.
  • #12,586
  • Nov 2, 2017 7:41pm Nov 2, 2017 7:41pm
ok
loaded just was a bitch to put in into axitrader mt4
long ago read the pdf's,
now they are making more sense
or I learnt a little along the way
I will get my head around this, but always can be wrong
  • #12,587
  • Nov 2, 2017 8:10pm Nov 2, 2017 8:10pm
Quoting nimtrader
ok loaded just was a bitch to put in into axitrader mt4 long ago read the pdf's, now they are making more sense or I learnt a little along the way
"long ago read the pdf's,"

I had to read the first page probably 10 times before i understood what was being said. then had to read 500+ pages after that and got a much better understanding of things. whenever i find myself getting confused i just go back and re read everything and i usually find the answer im looking for without having to ask someone. with trading ive learned no one is here to feed you the correct answers.. you have to do the research yourself and figure it out.
  • #12,588
  • Nov 2, 2017 9:17pm Nov 2, 2017 9:17pm
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after much mucking about here is what I have
anyone care to post similar so I can check for accuracy?
I will get my head around this, but always can be wrong
  • #12,589
  • Nov 2, 2017 9:33pm Nov 2, 2017 9:33pm
Quoting nimtrader
{image} after much mucking about here is what I have anyone care to post similar so I can check for accuracy?
heres what i got
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  • #12,590
  • Nov 2, 2017 9:48pm Nov 2, 2017 9:48pm
thanks got it way closer now
I will get my head around this, but always can be wrong
  • #12,591
  • Nov 2, 2017 10:19pm Nov 2, 2017 10:19pm
Quoting Dim1ne
Hi guys! I want to say many thanks to Davit for sharing his strategy and Tamarind77 for recalling us priceless rules TRADING IN THE ZONE by late Mark Douglas. In this context I'd like to share with all of you his six-hour presentation "How To Think Like a Professional Trader" in 4 parts. In this presentation Mark will cover: - trading skills. - the three developmental modes of trading; mechanical, subjective, intuitive. - the dynamics of price movement....
Part 1 and 2 are missing, getting a new link will be appreciated, please
  • #12,592
  • Nov 2, 2017 10:53pm Nov 2, 2017 10:53pm
AC Update
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Fall seven times, stand up Eight! #GGMU
  • #12,593
  • Edited 9:24am Nov 3, 2017 1:21am | Edited 9:24am

  1. @nimtrader according to Davit previous posts +/- 10 pips difference is acceptable.


https://www.investing.com/technical/...ints-fibonacci

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Plan your trade and Trade your plan.
  • #12,594
  • Nov 3, 2017 4:17am Nov 3, 2017 4:17am
Quoting nimtrader
{image} after much mucking about here is what I have anyone care to post similar so I can check for accuracy?
Here is mine:
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  • #12,595
  • Nov 3, 2017 5:44am Nov 3, 2017 5:44am
Closed AC +400
I posted about this set up!We have lots of CAD data today and getting out now since recent CAD data was red.
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In trading, you have to be defensive and aggressive at the same time
  • #12,596
  • Nov 3, 2017 5:46am Nov 3, 2017 5:46am
Quoting Opayq
@nimtrader https://www.investing.com/technical/...ints-fibonacci {image} {image} {image}
very close to mine some spot on.
In trading, you have to be defensive and aggressive at the same time
  • #12,597
  • Nov 3, 2017 5:49am Nov 3, 2017 5:49am
If you are SHORT on AN stay short continue staying short until we hit 900 which could be reached next week
In trading, you have to be defensive and aggressive at the same time
  • #12,598
  • Nov 3, 2017 5:52am Nov 3, 2017 5:52am
EG short WR38 rejected.

Added confluence: bearish white swan (harmonic pattern on H4, as per ZUP)
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  • #12,599
  • Nov 3, 2017 5:52am Nov 3, 2017 5:52am
Hi Davit,

Mind sharing ur view on gold ahead of the US NFP data tonight?
Live to fight another day
  • #12,600
  • Nov 3, 2017 5:53am Nov 3, 2017 5:53am
AU S38 7631 is strong support but today Price could reach S61 at 7581 which should provide buying opertunity.
Goes without saying if PA stays bearish wait.
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In trading, you have to be defensive and aggressive at the same time
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