UC NFP
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Open Trade near Pivot line (Pivot Point) 14 replies
Weekly Pivot to Pivot Trading 19 replies
The Pivot Net Revisited (Weekly Pivot Net) 41 replies
Help with daily pivot, weekly pivot on MT4 3 replies
Pivot high - Pivot low MT4 3 replies
Disliked{quote} That's what I am saying. I brought that up because Davit said we should align pivots to his, which confuses me, that is why I want to know if we should use Davit's broker timezone or the one we trade on.Ignored
Disliked{quote} Somewhere in this incredibly long thread, Davit (or possibly another poster) mentioned that as long as we're close, we're good. I can tell by the price action around the s/r levels that i'm close but it is confusing to this new trader sometimes trying to decide if price is bouncing off the s/r's generated by the indicator or some other random s/r level from the past.Ignored
DislikedLets take AC example 10EMA on Daily.According to theory advocating some at other popular systems this is a loser strategy. Notice the distance between top and when price broke through the 10EMA.That's serious distance {image}Ignored
DislikedNow same chart with pivots! My system would of prevented you from going long instead you would of shorted! I should charge you guys for this thread! {image}Ignored
Disliked{quote} MAs are lagging and erroneous. Why would you want to base where your relationship with your girlfriend is, based on the X day average of how many times she smiled at you? If she's frowning now, odds are she's pissed! Or to use a sports analogy, would you want to try to hit the ball now based on where it was 10 seconds ago? Think not ...Ignored
DislikedNow same chart with pivots! My system would of prevented you from going long instead you would of shorted! I should charge you guys for this thread! {image}Ignored
Disliked{quote} It is the best thread I've seen in years, hope it stays that way.Ignored
Disliked{quote} It is the best thread I've seen in years, hope it stays that way.Ignored
DislikedWhen time permits, I would appreciate it if one of you would explain your cadence for finding trade opportunities as it relates to multiple time frames. As you trading day starts, what timeframe do you review first? Do you make note of price action around pivots on higher timeframes then goto 15m to find entries based on this? Or do you simply go straight to 15m? I've completed reading ~20% of the thread so it's possible i've not come across this information yet.Ignored
Disliked@nimtrader https://www.investing.com/technical/...ints-fibonacci {image} {image} {image}Ignored
Disliked{quote} My entire trading paradigm is based on price location only true constant in trading.Ignored
DislikedAs price travels progressively away from weekly pivot it becomes more likely to go into correction.
61 S/R key zone 78R/S is Scott Carney's last chance for reversal (spikes stops taken before reversal) 100R/S another major zone.
Should price smash 100 S/R then you are in strong trend supported by fundamentals.
In simple terms Location is what is important.Ignored
DislikedWhen time permits, I would appreciate it if one of you would explain your cadence for finding trade opportunities as it relates to multiple time frames. As you trading day starts, what timeframe do you review first? Do you make note of price action around pivots on higher timeframes then goto 15m to find entries based on this? Or do you simply go straight to 15m? I've completed reading ~20% of the thread so it's possible i've not come across this information yet.Ignored