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Pivot Trading

  • #15,821
  • Mar 4, 2018 6:21pm Mar 4, 2018 6:21pm
Quoting Davit
{quote} Make sure this is done look at image. Reinstall the indicator.When clicking TF click back and forth like 1hr back to 15min then see if it's refreshed {image} {file}

Thank you Davit, i did it and now i can see pivots on m15. Please, can you check if my pivots are like yours? This is USDCHFM15. Thank you for the patience
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  • #15,822
  • Mar 4, 2018 6:23pm Mar 4, 2018 6:23pm
Quoting Davit
Hi Guys Don't forget to go over calendar events next week.This is important.You are trading my system then do what I do.I seriously dislike laziness.If you skip this don't expect great results because you are cutting corners.Do it!Please EC is looking real good in terms of correction. Should be fun next week.Last time it reached this high was in 2016.Not common level reached. significant structures on left I am anticipating EU to reach 120 by march 20 and should this occur I anticipate significant deflation on all Euro pairs {image} {image}

This is EURCAD h1 and it looks a little bit different, this is why i have doubts
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  • #15,823
  • Mar 4, 2018 9:49pm Mar 4, 2018 9:49pm
Quoting MrGreen95
{quote} Thank you Davit, i did it and now i can see pivots on m15. Please, can you check if my pivots are like yours? This is USDCHFM15. Thank you for the patience {image}
I'm away from PC at the moment so can't check for you but Davit has posted two charts above your post. Check yours with those.
  • #15,824
  • Mar 5, 2018 12:09am Mar 5, 2018 12:09am
Quoting Davit
Got in on EC chart which I posted Added few more at 5870 total position 9 {image}
Davit, new week new setup for pivots, right? I see on your chart the prev. setup just because of you have opened positions in EC?
  • #15,825
  • Mar 5, 2018 12:55am Mar 5, 2018 12:55am
Guys stop nagging me about pivots! Pivots update Monday!You guys should all relax and focus on trading
In trading, you have to be defensive and aggressive at the same time
  • #15,826
  • Mar 5, 2018 12:56am Mar 5, 2018 12:56am
Quoting armaros
{quote} Davit, new week new setup for pivots, right? I see on your chart the prev. setup just because of you have opened positions in EC?
please post a screenshot of your indicator input panel in order to see your settings
  • #15,827
  • Mar 5, 2018 1:01am Mar 5, 2018 1:01am
all three of you are removed from here!You guys should learn not to waste other people time specially mine.
There is search function on this thread and same questions asked over 100times.You don't want to do any work fine I'll just clean up here from freeloaders

Most idiotic fact is these guys don't upload my template then ask instructions about my settings or pivots!This is oxymoron.You are trading my system only logical you upload everything that relates to this system from page 1.If you can't even follow SIMPLE instructions you should not even trade at all.Trading requires attention specially attention to details
In trading, you have to be defensive and aggressive at the same time
  • #15,828
  • Mar 5, 2018 1:14am Mar 5, 2018 1:14am
EC dropping nicely.
Let me add also this is not UN and I am not Mr nice guy.I require and demand effort and if you can't do it you can't trade my system you will fail!Just like 95% rest of retail traders.Guys who make it they put effort!Nothing comes easy and if you think trading is easy I suggest just quit now.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #15,829
  • Mar 5, 2018 3:33am Mar 5, 2018 3:33am
i studied this thread,very good work but im wondering is this concept is like Murray Math? or fibonacci?if it is fibonacci,what period it uses? because on my chart three of my indicator complements the fib i use and that fib is differnt than davit pivots.please check the fig below
Attached Image
  • #15,830
  • Mar 5, 2018 4:05am Mar 5, 2018 4:05am
Guys and Gals:

STOP posting things that are not relevant to this thread.
STOP asking stupid questions. SEARCH for it 1st.
STOP trying to improve on a method that works.
STOP trying to impress others.

START studying fundamentals.
START reading the thread multiple times over.
START reading the texts in the paper clip above.
START listening and internalizing Mark Douglas.

Then you will one day ...
START making money.
  • #15,831
  • Mar 5, 2018 4:37am Mar 5, 2018 4:37am
Hey all,

I have not posted here before until earlier today, however, I have been following Davit for quite some time. His journey in Forex started a couple of years before mine did. I started to follow him when he was exploring his trading technique of pivots and multiple entries when he was posting in Likica’s TMS for 30min charts thread. It had already taken him, I imagine, thousands of hours of screen time studying charts, researching & reading before he developed this strategy.

One only needs to go through his post history from the beginning (Feb 2012) to see what a journey he has been on and how hard he has worked to get to where he is now (a fantastic month last month Davit - very well deserved).

Why is this all important? Because it shows that hard work does pay off. You have to be disciplined, you have to study, you have to put in the time. Do your own homework because you have to get used to doing things on your own because the only person that is going to pull that trigger on your trade is you.

It is also a matter of respect. Davit has posted almost 15,000 times and has posted thousands of charts. He does this to help people (for free remember). He does this despite having to manage his own trades, work in a full time job and look after his family.

So I can totally understand how he gets so frustrated with the number of silly questions that get asked.

I am now lucky enough to be able to trade full time. However, this has only come after I have spent well in excess of 10,000 hours studying charts, reading, researching and trying different ideas (throwing a lot of indicators etc in the bin!) until I now have a system that I am comfortable trading with - I have my edge. Yes, I do use Davits pivots on my charts but my template and method of entry are slightly different to Davits so out of respect I don’t post in his thread.

I would personally like to thank you Davit, not only for your Pivots, but for your very useful and insightful posts. You are a great example of where hard work & discipline can get you. I wish you all the best for the future.

Cheers,

Pent
  • #15,832
  • Mar 5, 2018 4:41am Mar 5, 2018 4:41am
Quoting T4Trade
i studied this thread,very good work but im wondering is this concept is like Murray Math? or fibonacci?if it is fibonacci,what period it uses? because on my chart three of my indicator complements the fib i use and that fib is differnt than davit pivots.please check the fig below {image}
Hi T4Trade,

I maybe wrong but the Pivots you have on your chart (the green R1/R3 and red S1/S3) look like daily Pivots. I am no expert on Davit's system but I do know its based on weekly Pivots. You need to read this thread from Page 1, thoroughly. There is so much useful information in here.

Cheers
Marto
  • #15,833
  • Mar 5, 2018 5:35am Mar 5, 2018 5:35am
potential set-up for AUDUSD. ABCD completion + Gartley completion in s78/100 zone for reversal.
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  • #15,834
  • Mar 5, 2018 8:08am Mar 5, 2018 8:08am
Quoting Davit
all three of you are removed from here!You guys should learn not to waste other people time specially mine. There is search function on this thread and same questions asked over 100times.You don't want to do any work fine I'll just clean up here from freeloaders Most idiotic fact is these guys don't upload my template then ask instructions about my settings or pivots!This is oxymoron.You are trading my system only logical you upload everything that relates to this system from page 1.If you can't even follow SIMPLE instructions you should not even...
God Bless you Davit!!!
  • #15,835
  • Mar 5, 2018 9:55am Mar 5, 2018 9:55am
Quoting T4Trade
i studied this thread,very good work but im wondering is this concept is like Murray Math? or fibonacci?if it is fibonacci,what period it uses? because on my chart three of my indicator complements the fib i use and that fib is differnt than davit pivots.please check the fig below {image}
I am sure you have
Removed
In trading, you have to be defensive and aggressive at the same time
  • #15,836
  • Mar 5, 2018 10:26am Mar 5, 2018 10:26am
Hi Davit
I've been reading the thread for a while and Im on page 73 now. Very informational and my gratitude for taking the effort to impart your knowledge to others. I've known you from Arjun's thread... many years back, though we have never communicated. My trade on AC today.. infact I started trying this method today, even though.. I had checked your thread a few times in the past. Thanks for your efforts.. you are taking for others.
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  • #15,837
  • Mar 5, 2018 11:41am Mar 5, 2018 11:41am
Hi Davit,

I have been studying hard going through the posts. A lot of times you refer to the importance of fundamentals and how we should all be prepared for the week by knowing the events. I have noticed that you base a lot of trust on existing positions if you have support from fundamentals. My question....can you give some advice on how to best learn up on that subject matter? Do you follow a certain source from a reliable person (Kathy Lien) or do you track fundamental data yourself? I am interested in this topic because I feel it is a point that is often completely forgotten. I totally agree that knowing what the fundamentals are doing gives a lot more faith in the trade and can actually also mean that one stays in a position longer if one is on the right side of the market.

Would appreciate if you could point to any reliable source or education that can help.

Best regards

Jester
  • #15,838
  • Mar 5, 2018 12:21pm Mar 5, 2018 12:21pm
Quoting Jester_73
Hi Davit, I have been studying hard going through the posts. A lot of times you refer to the importance of fundamentals and how we should all be prepared for the week by knowing the events. I have noticed that you base a lot of trust on existing positions if you have support from fundamentals. My question....can you give some advice on how to best learn up on that subject matter? Do you follow a certain source from a reliable person (Kathy Lien) or do you track fundamental data yourself? I am interested in this topic because I feel it is a point...
Hi Jester welcome
As you noted I do place importance on fundamentals mostly on events.I trade weekly hence my outlook is around weekly events.
I already mention I was bullish on AUD beginning of the week (AN AJ as example)and so far that has proven correct and it was nothing but forecast on calendar.Does not always work out but works more often then not furthermore it works forming my bias.
Why I insist you guys go through calendar like a professional trader would.You want to be in the know and that's crucial.I no longer read any analyst's view.I simply go over weekly calendar events but have larger view in mind such as Feds rate decision.
So I form basic background palate think like a tone in painting then everything else is painted on top (techinals pivots tdi PA etc)
LOt what I do is from experience and why I insist at least 2yr experience in trading forex.I can't help new traders.There are no shortcuts you might know technical aspect of trading like pivots here but fail in position size,fundamentals or take losses when you should be holding.These take time.
I hope you understand.
In trading, you have to be defensive and aggressive at the same time
  • #15,839
  • Mar 5, 2018 12:23pm Mar 5, 2018 12:23pm
Quoting vinforex7
Hi Davit I've been reading the thread for a while and Im on page 73 now. Very informational and my gratitude for taking the effort to impart your knowledge to others. I've known you from Arjun's thread... many years back, though we have never communicated. My trade on AC today.. infact I started trying this method today, even though.. I had checked your thread a few times in the past. Thanks for your efforts.. you are taking for others. {image}
good start

In my view CAD weakness is temporary.Its driven by Trumps tariffs but this is hard to impose and should fade from radar soon.
In trading, you have to be defensive and aggressive at the same time
  • #15,840
  • Mar 5, 2018 8:14pm Mar 5, 2018 8:14pm
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