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Pivot Trading

  • #15,381
  • Feb 15, 2018 4:08am Feb 15, 2018 4:08am
"TDI is our friend.When price hit major pivots we wait for TDI to turn thus confirm the move. Sharp angles important when its almost horizontal PA is weak or consolidating thus avoid trading.PA is king always!"

can someone tell me when the TDI is confirm. when the arrows are red (down tren) and green when up..?
Attached Image
  • #15,382
  • Edited 6:14am Feb 15, 2018 5:45am | Edited 6:14am
Quoting senna
"TDI is our friend.When price hit major pivots we wait for TDI to turn thus confirm the move. Sharp angles important when its almost horizontal PA is weak or consolidating thus avoid trading.PA is king always!" can someone tell me when the TDI is confirm. when the arrows are red (down tren) and green when up..? {image}
you will need to understand what the numbers and colors meant.
but first : don't ever hide your box level on angleator, that thing show important information.
Attached Image (click to enlarge)
Click to Enlarge Name: TDI.png Size: 24 KB

see the example picture above ! how the box color came ?
(wave + green + red ) / 3
from the sample : (67 + 64 + 53) / 3 = 58 (on 30 minute coloumn) or Pale Green if you're using box type.
now look at the arrow, if all the box show level 60 or Pale Green, or even overbought (lime green or above level 68), and the arrow show up and green it mean trend continues or still strong, if the arrow show sideways it mean trend weaken, if the arrow red it then it's a reversal signal. But you need 3 at least 3 arrow to confirm signal reversal, more are better. and the lower TF TDI level are lower than D1 level (that's the reason im using box number)

here's a sample of begining of uptrend,
Attached Image

look at the number or box : M15 level value is bigger than M30 and the H1 > H4 > D1 (would be better if W1 show lower number than D1)
but take note all example above are just under in "normal" condition.
also pay attention TDI separation status / number, and and angle degree of wave+red+green
"Hope" is dangerous word in trading, trade what you see not what you hope!
  • #15,383
  • Feb 15, 2018 5:55am Feb 15, 2018 5:55am
sorry. i dont hide them..thank anyway
  • #15,384
  • Feb 15, 2018 5:58am Feb 15, 2018 5:58am
Quoting zorndyke
{quote} you will need to understand what the numbers and colors meant. but first : don't ever hide you box level on angleator, that thing show important information. {image} see the example picture above ! where the box color came ? (wave + green + red ) / 3 from the sample : (67 + 64 + 53) / 3 = 58 (on 30 minute coloumn) or Pale Green if you're using box type. now look at the arrow, if all the box show level 60 or Pale Green, or even overbought (lime green or above level 68), and the arrow show up and green it mean trend continues or still strong,...
how to change into number..?
  • #15,385
  • Feb 15, 2018 7:12am Feb 15, 2018 7:12am
@Davit Great post great system & great indi's Thank you for sharing with everybody
by the way this is my first post in this thread so i would like to share a chart setting that looks like an opportunity from my still somewhat not fully developed yet understanding of the whole setting working together on the chart
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  • #15,386
  • Feb 15, 2018 9:37am Feb 15, 2018 9:37am
Quoting zorndyke
EU, monthly and weekly pivot, tuesday daily open, and snr line in the same zone, daily R,38 rejecting 3 times, but the strongest zone are at 1.252 (D1 R618+W1 R76+M1 R50) {image}

Hi Zorndyke, Could you kindly share this indicator please. I also at times took at monthly. Thanks
"Taking Responsibility is The Cornerstone of A Winning Attitude"
  • #15,387
  • Feb 15, 2018 11:17am Feb 15, 2018 11:17am
AN on S61

Attached Image (click to enlarge)
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"In the end you only trade yourself."
  • #15,388
  • Feb 15, 2018 12:13pm Feb 15, 2018 12:13pm
obvious trade EA again!!!
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 47 KB
In trading, you have to be defensive and aggressive at the same time
  • #15,389
  • Edited 1:47pm Feb 15, 2018 1:35pm | Edited 1:47pm
DISCIPLINE CAN GET YOU PIPS
02/13 - 02/15



Green pips everyone!!!
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Plan your trade and Trade your plan.
  • #15,390
  • Feb 15, 2018 1:57pm Feb 15, 2018 1:57pm
Hello Davit, how about your trade on NZDCAD from wednesday? Im just curious, about your trade how is it going? Im curious because Im interested how to manage loosing trades, how you manage loosing trades. DId you closed it on little profit, on brak even or still holding?

Regards.
  • #15,391
  • Feb 15, 2018 2:01pm Feb 15, 2018 2:01pm
Hi Davit,
Thanks for the thread I've read your journal and like the way you are trading , hope that I'll gain more knowledge from this thread
  • #15,392
  • Feb 15, 2018 2:40pm Feb 15, 2018 2:40pm
I liked the way EC bounced off the R100
NzdCad too strong and has been a bit of pain to squeeze some profit out of it
and finally my black beast UJ tried to catch some pips before bouncing from R100 again
now heading almost touching S138 and reason i took the trade as i thought of an Area
didnt wait to exactly touch it _
This was one of most profitable day in February/18
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: nzdcad.jpg Size: 231 KB
Click to Enlarge Name: UJ.jpg Size: 265 KB
The arriving better than the arrival, the journey has just started
  • #15,393
  • Feb 15, 2018 2:42pm Feb 15, 2018 2:42pm
Quoting Davit
obvious trade EA again!!! {image}
I liked EC, and i don't know why i missed on EA, but i see you took it ...
EA today was a much cleaner and smoother trade_
The arriving better than the arrival, the journey has just started
  • #15,394
  • Feb 15, 2018 4:39pm Feb 15, 2018 4:39pm
...and finally closed CJ, even if late due to being busy at work_
best to close before the weird Fri ...
longest trade ever this one, but most profitable too
I should have broken it into mini lots and build it along the way
however the signal was too strong and clear _
Davit thank you
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The arriving better than the arrival, the journey has just started
  • #15,395
  • Feb 16, 2018 12:40am Feb 16, 2018 12:40am
looked tempting
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 16-02-2018 H4.JPG Size: 218 KB
  • #15,396
  • Feb 16, 2018 4:25am Feb 16, 2018 4:25am
closed EA +717
Made most money last 3days on EA.This was great
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 48 KB
In trading, you have to be defensive and aggressive at the same time
  • #15,397
  • Feb 16, 2018 4:28am Feb 16, 2018 4:28am
Quoting Ghostface
Hello Davit, how about your trade on NZDCAD from wednesday? Im just curious, about your trade how is it going? Im curious because Im interested how to manage loosing trades, how you manage loosing trades. DId you closed it on little profit, on brak even or still holding? Regards.
Trade I would not have labeled as "losing trade" some trades takes time.You have to consider time factor in trading.For future reference how I manage my trades may not be appropriate for you since we most likely have different size accounts margin position.
In trading, you have to be defensive and aggressive at the same time
  • #15,398
  • Feb 16, 2018 4:29am Feb 16, 2018 4:29am
Quoting Davit
closed EA +717 Made most money last 3days on EA.This was great {image}
Very clear and nice trade , unfortunately missed it.
  • #15,399
  • Feb 16, 2018 4:35am Feb 16, 2018 4:35am
there were questions sent me in PM if my indicators are different then 1st page.There are same as 1st page.There are few variation of pivot indicators under voti which shows past history of pivots and if you wish to use it is on clipboard.
I don't consider past history of pivots as important hence I don't use it however if you find it valuable its available.
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #15,400
  • Feb 16, 2018 4:41am Feb 16, 2018 4:41am
Davit please. There is now an Davit Auto Pivot indicator that automatically generates the pivot points as opposed to manually setting them previously.

The problem is that auto indicator settings have never been explained in this forum clearly and the bit of information I did come across the indicator didn't display lines correctly.

All I am asking is for you to review and relay settings for the auto indicator.

Thank you
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