Pivot Trading | Page 659 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 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

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #13,161
  • Nov 16, 2017 9:52am Nov 16, 2017 9:52am
Quoting reo4ua
Best month I've had since I started trading. These numbers include many losses but I'm much better at managing stop losses now and my confidence in take profit levels has allowed me to offset this. Thanks again to Davit and the veteran members of this thread - seeing your charts on a daily basis helps bring it all together. {image}
Good results I am assuming its demo account
In trading, you have to be defensive and aggressive at the same time
  • #13,162
  • Nov 16, 2017 9:53am Nov 16, 2017 9:53am
Quoting Mundo
USDMXN...Peso can be rough but when the setup is there...it pays. {image}
Wow! Thats impressive!
"Follow the comet"
  • #13,163
  • Nov 16, 2017 9:54am Nov 16, 2017 9:54am
Beauty of the pivots.Notice the spike right on 61S
Building large longs on AC this might take few weeks to get going.Looking at 98+
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM5.png Size: 52 KB
In trading, you have to be defensive and aggressive at the same time
  • #13,164
  • Nov 16, 2017 9:57am Nov 16, 2017 9:57am
Quoting Davit
{quote} Good results I am assuming its demo account
Without a doubt. High balance and high leverage so that I can get as many trades in as possible for practice. First of year if I can stay in profit plan on changing demo to what my actual live deposit will be so that I can figure out what 3-5% risk is going to do for me.
Blessed is the one who takes refuge in Him.
  • #13,165
  • Edited 10:10am Nov 16, 2017 9:57am | Edited 10:10am
EC falling nicely
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 97 KB


Euro shorts going strong. 400 pips so far across pairs

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 35 KB
Fall seven times, stand up Eight! #GGMU
  • #13,166
  • Nov 16, 2017 10:01am Nov 16, 2017 10:01am
Quoting Davit
{quote} Glad to see it Mundo to make up some Euro losses. Like I always say its a marathon not a sprint.I think Euro spike was obviously not a normal event.End of the year and MM were squeezing stops.In Dec it gets worse with thin liquidity price can become very erratic. Best to trade less then normal until new year begins. regards
Thanks Davit...that is sound advice.

And yes it was a relief to Euro's losses. Glad I still held those Euro shorts DD. Also added some sell entries to minimize loss. Seems like one week out of the month market does whatever. Good thing is that this system is built on results of a longer period of time. Because this system consistently gives me more winners...I expect these losses. It's part of trading. Learned how to manage them and that has made a huge difference.
Invest in Life
  • #13,167
  • Nov 16, 2017 10:02am Nov 16, 2017 10:02am
Quoting Mundo
USDMXN...Peso can be rough but when the setup is there...it pays. {image}
Very impressive!
  • #13,168
  • Nov 16, 2017 10:04am Nov 16, 2017 10:04am
Just a quick note to fellow serious traders on this thread.
I live in Canada , and trade the USD/CAD ONLY.
Been away for a while due to medical issues within our Family Tree.
October 31 , 2017 was my first day back to this thread. DID NOT TRADE AT ALL OR ON ANY OTHER PLATFORM !!!!
PASSING OVER the negative comments on this thread this morning by the naysayers.
WELL , I HAVE ONE COMMENT FOR ALL OF YOU WHO HAVE NOT REALIZED THE BEAUTY OF THIS TRADING SYSTEM.

SINCE OCTOBER 31 , 2017 THROUGH TO NOVEMBER 15 , 2017 , 6 PM ATLANTIC STANDARD TIME , MY LIVE TRADING ACCOUNT HAS GROWN 34.94%.

DAVIT , your system still works , as I fully expected. Enough said.

GREENEARTH
"Define the risk OUT of your trade"--Mark Douglas
  • #13,169
  • Nov 16, 2017 10:09am Nov 16, 2017 10:09am
Quoting reo4ua
{quote} Without a doubt. High balance and high leverage so that I can get as many trades in as possible for practice. First of year if I can stay in profit plan on changing demo to what my actual live deposit will be so that I can figure out what 3-5% risk is going to do for me.
If you go live try trading lowest leverage your broker allows.You will perform better when not stressed.and the account will be safer
In trading, you have to be defensive and aggressive at the same time
  • #13,170
  • Nov 16, 2017 10:11am Nov 16, 2017 10:11am
Quoting GreenEarth
Just a quick note to fellow serious traders on this thread. I live in Canada , and trade the USD/CAD ONLY. Been away for a while due to medical issues within our Family Tree. October 31 , 2017 was my first day back to this thread. DID NOT TRADE AT ALL OR ON ANY OTHER PLATFORM !!!! PASSING OVER the negative comments on this thread this morning by the naysayers. WELL , I HAVE ONE COMMENT FOR ALL OF YOU WHO HAVE NOT REALIZED THE BEAUTY OF THIS TRADING SYSTEM. SINCE OCTOBER 31 , 2017 THROUGH TO NOVEMBER 15 , 2017 , 6 PM ATLANTIC STANDARD TIME , MY LIVE...
Welcome back. I hope for the best for your family...may it remain strong.

Green pips.
Invest in Life
  • #13,171
  • Nov 16, 2017 10:17am Nov 16, 2017 10:17am
Quoting GreenEarth
Just a quick note to fellow serious traders on this thread. I live in Canada , and trade the USD/CAD ONLY. Been away for a while due to medical issues within our Family Tree. October 31 , 2017 was my first day back to this thread. DID NOT TRADE AT ALL OR ON ANY OTHER PLATFORM !!!! PASSING OVER the negative comments on this thread this morning by the naysayers. WELL , I HAVE ONE COMMENT FOR ALL OF YOU WHO HAVE NOT REALIZED THE BEAUTY OF THIS TRADING SYSTEM. SINCE OCTOBER 31 , 2017 THROUGH TO NOVEMBER 15 , 2017 , 6 PM ATLANTIC STANDARD TIME , MY LIVE...
That's really beautiful.Great job!I hope your family issues resolve for the better.
I know it was health related.I just watched a remarkable duc movie on fasting on amazon.I recommend to watch

The Science of Fasting
In trading, you have to be defensive and aggressive at the same time
  • #13,172
  • Nov 16, 2017 10:26am Nov 16, 2017 10:26am
Guys check out my template on harmonics and indicator.They are 4 settings bundled in 1 indicator showing different patterns
very usual.You can change colors to suit you
how it works AC notice pink bullish shark on higher tf
I love this set up and nice indicator rather showing forward set up instead of usual previous patterns most indicators show
My system still is primary way to trade but knowing this helps and reassures your direction bias.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADDaily.png Size: 60 KB
Attached File(s)
File Type: tpl harmonic bundle.tpl   43 KB | 1,096 downloads
File Type: ex4 ZUP_v150.ex4   1.2 MB | 1,127 downloads
In trading, you have to be defensive and aggressive at the same time
  • #13,173
  • Nov 16, 2017 10:46am Nov 16, 2017 10:46am
Quoting vickym
EC falling nicely {image} Euro shorts going strong. 400 pips so far across pairs {image}
If live account that's beautiful
In trading, you have to be defensive and aggressive at the same time
  • #13,174
  • Edited 11:00am Nov 16, 2017 10:48am | Edited 11:00am
Euro may get dumped by tomorrow.I am still short on it.17 very likely for weeks close
Draghi may talk down the Euro and coupled with Bullish Feds oulook(notice speakers today) I just don't see the Euro going high well that's what I think but market can prove anyone wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 11 KB
In trading, you have to be defensive and aggressive at the same time
  • #13,175
  • Nov 16, 2017 11:18am Nov 16, 2017 11:18am
Opened long USDJPY.
Attached Image (click to enlarge)
Click to Enlarge Name: 6397766_ Ava-Real 2 - [USDJPY,H4] 2017-11-16 1811_open_long_80x_limit_20x.png Size: 48 KB
buying tops / selling bottoms
  • #13,176
  • Nov 16, 2017 12:05pm Nov 16, 2017 12:05pm
Quoting Davit
{quote} If live account that's beautiful
Very well a live account
Fall seven times, stand up Eight! #GGMU
  • #13,177
  • Nov 16, 2017 6:37pm Nov 16, 2017 6:37pm
when I set up my chart I compared it with some one
now I see Davit's and mine is hitting the 78
feeling pretty stupid and lucky to have had winning trades
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader - AxiTrader.png Size: 24 KB
I will get my head around this, but always can be wrong
  • #13,178
  • Nov 16, 2017 6:43pm Nov 16, 2017 6:43pm
Quoting Davit
Euro may get dumped by tomorrow.I am still short on it.17 very likely for weeks close Draghi may talk down the Euro and coupled with Bullish Feds oulook(notice speakers today) I just don't see the Euro going high well that's what I think but market can prove anyone wrong. {image}
I'm still short on Euro too. Even if it takes longer than I will still hold as 2 of the 3 pairings are +ve swap, plus I've already taken some profits. Mildly upset that I missed a 2nd reload on AN by a few pips and it's gone about 50 pips south.
Hope for the best, prepare for the worst.
  • #13,179
  • Nov 16, 2017 8:01pm Nov 16, 2017 8:01pm
Quoting Davit
{quote} If you go live try trading lowest leverage your broker allows.You will perform better when not stressed.and the account will be safer

One of the main reasons i failed with my first live account 15 years ago was that i could not trade less then 0.1 lot (10000).
Now almost every broker allows mini and micro lots and trading is easier and stress free.

Nice work Davit,thanks for the Zup template.
  • #13,180
  • Nov 17, 2017 1:00am Nov 17, 2017 1:00am
Quoting Davit
Beauty of the pivots.Notice the spike right on 61S Building large longs on AC this might take few weeks to get going.Looking at 98+ {image}
Davit, I have a question about your AUDCAD pivot levels. I noticed they are different to mine so I checked the levels at tradeviewforex.com. There's only 2 pip difference compared to mine ...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM15.png Size: 78 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 78 KB
35 traders viewing now