Pivot Trading | Page 729 | 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

  • #14,561
  • Jan 11, 2018 4:23pm Jan 11, 2018 4:23pm
Quoting Thomas88
{quote} I do not understand neither. I took my DD on it.. "Everything can happen" Now i have to force myself not to sell it again.. However i think what we witness is pure SL hunting and lure in the buyers - buy stops. I may reenter, but only when i see reasonable PA to do so. Or i wont touch it. NU can be a bitc*
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 67 KB

I agree with you ,this might be SL hunting.
In my opinion , in the green box there were a lot of Sell orders. The red box closed large part of them ,so afterwards there was FEAR and sellers didn't want to sell again. This might be strong support zone later(R38).
Know thyself
  • #14,562
  • Edited 5:00pm Jan 11, 2018 4:47pm | Edited 5:00pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 31 KB

patience is a virtue
swaping back over to AUDNZD
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDM30.png Size: 35 KB
I will get my head around this, but always can be wrong
  • #14,563
  • Jan 11, 2018 5:53pm Jan 11, 2018 5:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADM30.png Size: 32 KB

and this extended one I have to go for
I will get my head around this, but always can be wrong
  • #14,564
  • Jan 11, 2018 6:02pm Jan 11, 2018 6:02pm
Quoting classy
{quote} i most of the with my own method and than i visit davits thread and big e's thread because i love this 2 thread most because i love tms and specially tdi (i am addict!..lol) and i see you too so what is your answer and what is your motto ?i am sure you are not searching.....?
No, I am not searching. I was just curios, no harm intended.
If you are good at something, never do it for free--Joker
  • #14,565
  • Jan 11, 2018 8:07pm Jan 11, 2018 8:07pm
I'm in...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
  • #14,566
  • Jan 11, 2018 8:35pm Jan 11, 2018 8:35pm
Quoting jmn5611
{quote} No, I am not searching. I was just curios, no harm intended.
THANKS BRO ,NO HARM just sharing is caring .i want to learn ..till..my last breath...so yes i ..always search knowledge...i love people so ..i.. search good human being ..thats all.....
Say something meaningful or Silence!!
  • #14,567
  • Jan 11, 2018 9:05pm Jan 11, 2018 9:05pm
May I ask a foolish question of the learned folks here.....Has anyone thrown Davits charts onto a Bitcoin chart.
Sitting here bored at 2.00 p.m as the markets are dead at this time of day in Aussie Land so threw two charts on to a 42 inch monitor with Davits charts..O.K my old heart will not stand the pressure but just play money on Demo which I never trade .Also Renko but I must not mention that word again out of respect to Davit.
Ronald
Ronnie Renko
  • #14,568
  • Edited Jan 12, 2018 12:26am Jan 11, 2018 9:09pm | Edited Jan 12, 2018 12:26am
Discipline can get you pips.

Green pips everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_66.png Size: 15 KB
Attached Image
Plan your trade and Trade your plan.
  • #14,569
  • Jan 11, 2018 9:36pm Jan 11, 2018 9:36pm
i can't fill davits pivot v3 into my gbp/usd chart..any idea..?
  • #14,570
  • Jan 11, 2018 10:09pm Jan 11, 2018 10:09pm
Right click on chart. Open indicators list. Open Davis pivots. Click ok. Click close. Then they should show up.

If that doesnt work then try recompile/ resave in the Language Editor.
  • #14,571
  • Jan 11, 2018 10:12pm Jan 11, 2018 10:12pm
Quoting pakeha
Right click on chart. Open indicators list. Open Davis pivots. Click ok. Click close. Then they should show up. If that doesnt work then try recompile/ resave in the Language Editor.
its working verywell with eur/usd, only can't fill into gbp/usd
  • #14,572
  • Jan 12, 2018 12:13am Jan 12, 2018 12:13am
Are you using the template or adding to the chart directly? Try a new GU chart and try with template or adding the indicator to the chart directly, if you haven't done so already. When I use the template I have to use the procedure I indicated in the previous post for all new charts.
  • #14,573
  • Jan 12, 2018 12:38am Jan 12, 2018 12:38am
Good evening guys
What I love about pivots that it tells you what not to do.WE don't sell at very bottom of the swing at most exhausted level.
like this trader did
https://www.forexfactory.com/showthr...1#post10663311 85478 post
don't fall for it.It has very small probability factor to succeed.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #14,574
  • Jan 12, 2018 2:03am Jan 12, 2018 2:03am
Quoting lordgbengs
{quote} Many thanks for the clarification, It will be excellent if you could share some trades you took using this methodology. I will expect a good understanding of price movement is needed. Cheers and green pips.
.... here is example ..... ur building position on NCad on H1 .... PA is over extended to upside over R200 .... BUT! next week pivot will change ... it must if we have mega bull week

..... so bro 1 of 3 tings can happen .... we win this week .... we lose this week ..... we wait til next week cause nothing in PA tells to get out! BUT u want to guess where pivot will be next week .... if we know guess can keep building next week or sit on hands and wait

..... remember pivot is equilibrium of market .... "WP is basically an equilibrium and I often don't trade from it because it can go either direction." Davit
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 30 KB
  • #14,575
  • Jan 12, 2018 2:04am Jan 12, 2018 2:04am
Quoting Opayq
Discipline can get you pips. Green pips everyone! {image} {image}
the one reason among the others why this whole forum is pure gold is the few golden traders!
There was a period when i thought the forex business is bullshit and NO ONE could get any profit in the long run.

It simply means the chance is there for anybody, and to learn, be disciplined, keep focused could lead to success in forex. That is a big one.

So, thank you Davit, to keep this forum running and alive
and thank you all whom are already successfull and still posts here and inspiring us! (included the very first member )

  • #14,576
  • Jan 12, 2018 2:12am Jan 12, 2018 2:12am
Quoting fxanalysis
{quote} {image} I agree with you ,this might be SL hunting. In my opinion , in the green box there were a lot of Sell orders. The red box closed large part of them ,so afterwards there was FEAR and sellers didn't want to sell again. This might be strong support zone later(R38).
As i watch it, i think this is the time to fall finally down..
The majority of sellers are done, buyers already jumped in, time to be reasonable..

TDI,PA gave a valid signal, this is a valid trade, so i take it again, however i do not trust it, if the PA will be violated i will close it and forget it for a good time.
Attached Image (click to enlarge)
Click to Enlarge Name: nu0112201809.PNG Size: 43 KB
  • #14,577
  • Jan 12, 2018 2:25am Jan 12, 2018 2:25am
Quoting Thomas88
{quote} the one reason among the others why this whole forum is pure gold is the few golden traders! There was a period when i thought the forex business is bullshit and NO ONE could get any profit in the long run. It simply means the chance is there for anybody, and to learn, be disciplined, keep focused could lead to success in forex. That is a big one. So, thank you Davit, to keep this forum running and alive and thank you all whom are already successfull and still posts here and inspiring us! (included the very first...
Good morning. I'd like to welcome myself being a pivot trader and all. I would like to offer and EA which allows for backtesting pivots easier. The EA nicely shows all the daily pivots as far back as you would like to go. Is it ok if i post it here admin?
The Earth is flat!
  • #14,578
  • Jan 12, 2018 2:27am Jan 12, 2018 2:27am
au - 3rd day
nc - so far, so good
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nc0112201809.PNG Size: 57 KB
Click to Enlarge Name: au0112201809.PNG Size: 67 KB
  • #14,579
  • Jan 12, 2018 2:29am Jan 12, 2018 2:29am
Quoting Thomas88
{quote} As i watch it, i think this is the time to fall finally down.. The majority of sellers are done, buyers already jumped in, time to be reasonable.. TDI,PA gave a valid signal, this is a valid trade, so i take it again, however i do not trust it, if the PA will be violated i will close it and forget it for a good time. {image}
I have also entered NU. Looking to reach the red box, there are some Stops from all the Buy orders . After that will see PA.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 12 KB

Also short on AU
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 16 KB

Seems like EU is pushing other USD pairs up. That's why we are not seeing the large moves to downside.
Know thyself
  • #14,580
  • Jan 12, 2018 2:33am Jan 12, 2018 2:33am
Quoting Tfh
{quote} Good morning. I'd like to welcome myself being a pivot trader and all. I would like to offer and EA which allows for backtesting pivots easier. The EA nicely shows all the daily pivots as far back as you would like to go. Is it ok if i post it here admin?
I am not an admin whatsoever, you must have to ask Davit.
However the metholodgy based on weekly pivots, not daily.

We do have pivot indis which are showing previous pivots already.

Anyway just ask Davit!

Cheers
16 traders viewing now