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Pivot Trading

  • #14,061
  • Dec 22, 2017 9:46am Dec 22, 2017 9:46am
Quoting jmn5611
{quote} The trouble is Davit is that as long as you are here at FF posting a free profitable system, it is bad for confessed vendors as well as stealth vendors. Keep it up brother. You are helping people all over the world change their lives.
Thank you Jim and happy holidays
I know my 2018 is going to be far stronger since now I have good base equity to tackle the markets.
In trading, you have to be defensive and aggressive at the same time
  • #14,062
  • Dec 22, 2017 10:05am Dec 22, 2017 10:05am
Quoting Davit
{quote} I know my 2018 is going to be far stronger since now I have good base equity to tackle the markets.

Again, appreciate the hard work and guidance. I've been doing well with the mechanics of the system. My challenge going into 2018 is understanding more of the market sentiment. Directional bias, etc. So I greatly appreciate when you comment on possible direction and pairs to watch. I know you're not trying to make this a signal service, but keep up the good work.
  • #14,063
  • Dec 22, 2017 10:06am Dec 22, 2017 10:06am
Quoting spyderman
{quote} Again, appreciate the hard work and guidance. I've been doing well with the mechanics of the system. My challenge going into 2018 is understanding more of the market sentiment. Directional bias, etc. So I greatly appreciate when you comment on possible direction and pairs to watch. I know you're not trying to make this a signal service, but keep up the good work.
I agree. I think gauging sentiment is the Ninja level that Davit is already at.
Any comments from him as to what his thought processes are on SENTIMENT are always much appreciated.
  • #14,064
  • Dec 22, 2017 10:49am Dec 22, 2017 10:49am
Merry Christmas and a happy new year to every one
  • #14,065
  • Dec 22, 2017 10:49am Dec 22, 2017 10:49am
Hi guys

wishing all a merry xmas and new year.

the saga continues after holidays as next 2 weeks liquidity is going to be low and spikes either sides in all currencies make it diff to trade so taking a 2 week break

am out at the moment so just posting the resukts of 22 days trading just this method .
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2017-12-22-20-45-33-1.png Size: 38 KB
Trend is your friend...
  • #14,066
  • Edited 11:04am Dec 22, 2017 10:52am | Edited 11:04am
Quoting nisha4x
Hi guys wishing all a merry xmas and new year. the saga continues after holidays as next 2 weeks liquidity is going to be low and spikes either sides in all currencies make it diff to trade so taking a 2 week break am out at the moment so just posting the resukts of 22 days trading just this method . {image}
Awesome! Congrats!

https://media1.giphy.com/media/13Ioai0MQNhCi4/giphy.gif
  • #14,067
  • Dec 22, 2017 11:09am Dec 22, 2017 11:09am
Quoting nisha4x
Hi guys wishing all a merry xmas and new year. the saga continues after holidays as next 2 weeks liquidity is going to be low and spikes either sides in all currencies make it diff to trade so taking a 2 week break am out at the moment so just posting the resukts of 22 days trading just this method . {image}
I do not understand, the general rule is not to use more than 3% of your account. Much benefit seems to me for so little capital. congatulations
  • #14,068
  • Dec 22, 2017 11:38am Dec 22, 2017 11:38am
well its all down to experience ofall the years and the mistakes u have learnt along the way to make a smal account bigger , it is not pure luck, even with the gains i have taken small losses .

the fun is not to be greedy but take high probability trades and give them sufficient time to ripen.

my posting here is not to boast but show the power of high probability trades taken with small lots .

this strategy here is a killer one and has been used for ages unknown to beat the markets.






Quoting fibo38
{quote} I do not understand, the general rule is not to use more than 3% of your account. Much benefit seems to me for so little capital. congatulations
Trend is your friend...
  • #14,069
  • Dec 22, 2017 1:14pm Dec 22, 2017 1:14pm
I heard you guys like pivots...
Attached File(s)
File Type: ex4 nn.AllPivots.ex4   112 KB | 567 downloads
  • #14,070
  • Dec 22, 2017 1:35pm Dec 22, 2017 1:35pm
Quoting Nicholishen
I heard you guys like pivots... {file}
hi Nicho
Tried your pivot essentially same as mine but without markings.I like what's being used here clear concise.
You are welcome to join us.
thank you
In trading, you have to be defensive and aggressive at the same time
  • #14,071
  • Dec 22, 2017 1:38pm Dec 22, 2017 1:38pm
Quoting Davit
closed AC+129 Mistake I made today.I knew in my gut this would of dropped lot more and still got out.... Yes I make them mistakes as well. {image}
Mistake I made today.I knew in my gut this would of dropped lot more and still got out....
Yes I make them mistakes as well. Little dismayed at myself
result of typical news that had no substance
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM30.png Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #14,072
  • Edited 2:02pm Dec 22, 2017 1:43pm | Edited 2:02pm
Quoting nisha4x
Hi guys wishing all a merry xmas and new year. the saga continues after holidays as next 2 weeks liquidity is going to be low and spikes either sides in all currencies make it diff to trade so taking a 2 week break am out at the moment so just posting the resukts of 22 days trading just this method . {image}
Nisha you are a pivot superstar along with, Fibo38,sniperdebt,Cryptosurf,Chrysmere and others
keep it up! Well done
In trading, you have to be defensive and aggressive at the same time
  • #14,073
  • Dec 22, 2017 1:46pm Dec 22, 2017 1:46pm
Quoting Davit
{quote} hi Nicho Tried your pivot essentially same as mine but without markings.I like what's being used here clear concise. You are welcome to join us. thank you
I haven't been through your entire thread but I know you have your theme, and I posted this as an adjunct indicator since it also plots major fibonacci retracements, fans, and expansions. I use this to confirm a pivot's strength by looking confluence. I've also included a proprietary algo for scoring/plotting the strongest persistent pivots based on historical price-action (alone).

...and thanks for the invite.
  • #14,074
  • Dec 22, 2017 1:51pm Dec 22, 2017 1:51pm
Guys this has been incredible year.My confidence is way up my account is way up and looking forward to apply knowledge gained from all this trading.
Trading to me is like drawing more you do it easier it becomes until you stop thinking and you just draw.

Wish you happy holidays and Merry Christmas
$$Looking forward to next year!$$
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #14,075
  • Dec 22, 2017 1:53pm Dec 22, 2017 1:53pm
Quoting nisha4x
Hi guys wishing all a merry xmas and new year. the saga continues after holidays as next 2 weeks liquidity is going to be low and spikes either sides in all currencies make it diff to trade so taking a 2 week break am out at the moment so just posting the resukts of 22 days trading just this method . {image}
Hi nisha.

If it is not private, what percentage did you risk of your bankroll to get that result?
Thanks.

Edit: Saw your previous post. There is an answer to this question. Ignore it. Sorry.

https://www.forexfactory.com/showthr...9#post10497589
  • #14,076
  • Dec 22, 2017 2:01pm Dec 22, 2017 2:01pm
Quoting spyderman
{quote} Again, appreciate the hard work and guidance. I've been doing well with the mechanics of the system. My challenge going into 2018 is understanding more of the market sentiment. Directional bias, etc. So I greatly appreciate when you comment on possible direction and pairs to watch. I know you're not trying to make this a signal service, but keep up the good work.
Will do Happy holidays and thank you
In trading, you have to be defensive and aggressive at the same time
  • #14,077
  • Dec 22, 2017 2:21pm Dec 22, 2017 2:21pm
Quoting nisha4x
well its all down to experience ofall the years and the mistakes u have learnt along the way to make a smal account bigger , it is not pure luck, even with the gains i have taken small losses . the fun is not to be greedy but take high probability trades and give them sufficient time to ripen. my posting here is not to boast but show the power of high probability trades taken with small lots . this strategy here is a killer one and has been used for ages unknown to beat the markets. {quote}
I am glad you brought this up.

Well said not everyone here understands what that means.There is a valid drawdown and there is a loss that clearly you were wrong.Both not the same.
In trading, you have to be defensive and aggressive at the same time
  • #14,078
  • Dec 22, 2017 2:23pm Dec 22, 2017 2:23pm
Quoting Davit
{quote} I am glad you brought this up. Well said not everyone here understands what that means.There is a valid drawdown and there is a loss that clearly you were wrong.Both not the same.
How do we distinguish between the two?
Use the fixed dollar loss as exit?

Thanks
  • #14,079
  • Dec 22, 2017 2:31pm Dec 22, 2017 2:31pm
136 pips with this one... thanks Davit.
Merry Christmas everyone...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 62 KB
  • #14,080
  • Edited 2:49pm Dec 22, 2017 2:36pm | Edited 2:49pm
Quoting pgr45za
{quote} How do we distinguish between the two? Use the fixed dollar loss as exit? Thanks
Location of price.
Example UJ its been ranging since 2016.Pull up a chart and look at the weekly.Lets say you are in red now but your shorts at these levels more likely then not to drop again lower Trump polices range factors ext.No reason to take the loss becouse you are in top of the range perhaps not extreme top but nevertheless high.
This is kind of DD I am willing to hold.

Now loss trade example you were shorting AN at 600 then price went 700 then 800 no real retracement then 900 now you are obviously against the trend and fundamentals specially after NZD election.
I would of got out at 700 even less.You have to take quality trades and if you follow system rules even quality loss is ok because given 100 exact trades you will have majority winners.
Your acceptable DD is your choice however there are trades like I just brought up worth killing quicker

I try to trade with fundamentals most of the times.Pivots provide platform for great entries rest I let market do its thing.
You notice my emphasis to go over calendar every weekend.No thread here at FF that I am aware of recommend this including TMS as though it does not exist.Calendar events effect price!!!!Its surprising to me how little people take note of it.
It effects trading tremendously.As aspiring professional traders you must know your environment every week!
regards
In trading, you have to be defensive and aggressive at the same time
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