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Pivot Trading

  • #17,301
  • Apr 16, 2018 2:02am Apr 16, 2018 2:02am
Good evening guys
Lets get back to trading. USD is gaining so far! Nice! Syria missile attack was a flea bite nothing more as I suspected and wrote on Friday..

UC gaining up NICE
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30.png Size: 53 KB
In trading, you have to be defensive and aggressive at the same time
  • #17,302
  • Apr 16, 2018 2:04am Apr 16, 2018 2:04am
Quoting Davit
Good evening guys Lets get back to trading. USD is gaining so far! Nice! Syria missile attack was a flea bite nothing more as I suspected and wrote on Friday.. UC gaining up NICE {image}
Finally moving....lots of space up north, could move up till 1.28 this week unless the Syria situation escalates any further (which I doubt will happen)
Fall seven times, stand up Eight! #GGMU
  • #17,303
  • Apr 16, 2018 2:08am Apr 16, 2018 2:08am
Quoting Erebus
{quote} I'm glad you brought that up, I have a question which I'm hoping either Davit or griffensoul can answer Using the Template, without any change whatsoever: The TDI-RT-Clone shows settings of - RSI Period = 8, TradeSignal Period = 5 The TMS Angleator V3 - RT2 shows settings of TDI Indicator RSI Price = 4, TDI Indicator Trade Signal = 3 See the difference there? So my question is, does the Angleator read settings from TDI Clone or from the input? If it reads the input values, shouldn't these be the same? Thanks {image} {image}
Hi Erebus
I have been using my template for 2yrs with consistent profits and never had issues with the system.Main reason is because my trades are not based on TDI alone or anglator alone.This is not TMS where TDI plays a huge role.
This system is basically PA based TDI Anglator make it easier to gauge the 15-h4 PA and few differences of numbers makes no difference since both indicators are MA based going from 3 to 5 or 2 to 4 makes little difference.
I would not waste time focusing on these instead I rather see your calandar event analyses and your observations of PA
cheers
In trading, you have to be defensive and aggressive at the same time
  • #17,304
  • Apr 16, 2018 2:12am Apr 16, 2018 2:12am
Quoting Jester_73
Hi everyone, here my calendar and expectations Monday: USD Core retail sales. Forecast is 0.2% Need to see a clear deviation upwards maybe 0.4 or 0.5% as numbers were volatile recently. Very strong numbers might just give the fed more support hiking a 4th time. Tuesday: AUD Meeting minutes Only important if we see a comment that hints an earlier rate hike than expected CNY: GDP q/y Strong numbers will see a positive reaction. However this is an indirect influencer so reaction might be not as forceful GBP Average Earnings Index 3m/y 3.0% 2.8% I agree...
I am very impressed by your post and encourage you to continue and I want you to report seriously how doing this has helped you or not.
regards
In trading, you have to be defensive and aggressive at the same time
  • #17,305
  • Apr 16, 2018 2:16am Apr 16, 2018 2:16am
i was trading with monthly pivot too until i realized that monthly pivot doesn't have or very little strength in this system, failed and loss countless time.
there are reasons monthly pivot not used in this system
Quoting Davit
{quote} Hi HV I don't trade monthly pivot don't even look at it.Beauty of my system is in its simplicity.Once you throw monthly pivots it complicates everything.Why not stop at monthly pivot we can throw in Bollinger Bands,MA's Heikenashi candles and histograms at the bottom and before you know it you will have a crippling system with 15 variables.That's not trading. Trading in simplest form is watching PA at critical levels.I can't answer what you are asking cheers
Quoting Davit
{quote} Do me favor stop looking at Monthly pivot.Weekly volatility is more then sufficient to rip pips.So many set ups that I can't even keep up.This thread is about weekly pivot. Got to hummer this point hard.Since I started trading this method I have not once looked at monthly pivot.Its useless to me. You must restrain yourself and only enter best set ups between 61-100. Simple as that.You will have at least 10 set ups a week which should give you 70% winners and with multiple entries that...
"Hope" is dangerous word in trading, trade what you see not what you hope!
  • #17,306
  • Apr 16, 2018 2:22am Apr 16, 2018 2:22am
only 1 trade since Trump announce "mission accomplished" on Syria.
i didn't know if this pair has something to do with syria crisis or not. But the PA gave me short signal
Attached Image (click to enlarge)
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im waiting GBP and USD pairs to give me 'signal'
"Hope" is dangerous word in trading, trade what you see not what you hope!
  • #17,307
  • Apr 16, 2018 2:22am Apr 16, 2018 2:22am
Quoting Ganesho1989
PLAN FOR MY WEEK: {image}
Its a start but you need to work on this..Trading is not simply looking at forecast and saying I will buy here and sell here.Those are just forecasts and real numbers can and often differ.
Keep doing it until you catch your mistakes.
In trading, you have to be defensive and aggressive at the same time
  • #17,308
  • Apr 16, 2018 2:26am Apr 16, 2018 2:26am
Quoting Davit
{quote} Hi Erebus I have been using my template for 2yrs with consistent profits and never had issues with the system.Main reason is because my trades are not based on TDI alone or anglator alone.This is not TMS where TDI plays a huge role. This system is basically PA based TDI Anglator make it easier to gauge the 15-h4 PA and few differences of numbers makes no difference since both indicators are MA based going from 3 to 5 or 2 to 4 makes little difference. I would not waste time focusing on these instead I rather see your calandar event analyses...
Yes, I understand all that, I will use your template when posting charts in the future.

But for now, simply put, I am trying to get a confirmation of the TDI-RT_Clone indicators settings that are being used...

Thanks
It takes a lot for me to IGNORE you, but you can try.
  • #17,309
  • Apr 16, 2018 2:30am Apr 16, 2018 2:30am
Quoting Erebus
{quote} Yes, I understand all that, I will use your template when posting charts in the future. But for now, simply put, I am trying to get a confirmation of the TDI-RT_Clone indicators settings that are being used... Thanks
there you go same as what you posted
you are free to play with the settings at your hearts content or leave it alone and focus on what matters
Attached Images
In trading, you have to be defensive and aggressive at the same time
  • #17,310
  • Edited 3:02am Apr 16, 2018 2:47am | Edited 3:02am
Quoting Erebus
{quote} Thanks for the reply but I'm still a little confused. The settings I show there are direct from the supplied Post #1 Template; they are all good? Now you say another TDI is better to use with the Angleator? It has to be on the chart right? This is what I think all system or method people should do in Post #1, post the settings for every indicator as a screenshot as I did That way, going to Post #1 will really give all information; not complaining, just my opinion. On EDIT: So, I found I have TDI Red Green RealTime, are these setting...
brother Erebus ....... the setting have never changed from page 1 ....... we use Clone ..... the TDI setting r made from the TDI not Angleator ........ we figured all this stuff from when Davit first start'd the thread

u r welcome to make any changes u want bro for ur personal use ...... all my indis r free & 2 b used @ ur own risk but must remain free if u mod them
  • #17,311
  • Apr 16, 2018 2:50am Apr 16, 2018 2:50am
Quoting Erebus
{quote} Yes, I understand all that, I will use your template when posting charts in the future. But for now, simply put, I am trying to get a confirmation of the TDI-RT_Clone indicators settings that are being used... Thanks
Let me be frank with you Erebus.Trading any system is trading the system fully in order to take advantage otherwise no point trading a system correct?
You seem to have one foot in the door and another out.
I truly get annoyed when people come here and barely post any winning trades or trades in general and start getting all bend out of shape about things....This is due the fact you have not followed my system long enough and I am not sure you even can.Perhaps your Ego stops you from doing it.Its fine I understand it totally.
Everyone takes what they can and willing to take from here...rest if up to you.Not selling you anything and not looking for buyers.
regards
In trading, you have to be defensive and aggressive at the same time
  • #17,312
  • Apr 16, 2018 2:52am Apr 16, 2018 2:52am
Quoting zorndyke
i was trading with monthly pivot too until i realized that monthly pivot doesn't have or very little strength in this system, failed and loss countless time. there are reasons monthly pivot not used in this system {quote} {quote}
agree ....... MN pivot is may b good for much higher tf like daily up ...... the volitility is so low now in fx otherwise may have been cool on H4

like Davit says ....... lets trade pivot crew
  • #17,313
  • Apr 16, 2018 3:29am Apr 16, 2018 3:29am
Quoting griffinssoul
..... for those mobile dudes who didnt know it ...... here is the step to get the Hanover TDI https://www.forexfactory.com/showthr...48#post4619948
Big thanks for this link to Griffinssoul.
  • #17,314
  • Apr 16, 2018 4:19am Apr 16, 2018 4:19am
Quoting Davit
{quote} I am very impressed by your post and encourage you to continue and I want you to report seriously how doing this has helped you or not. regards
Hi Davit,

thank you very much. Your feedback means a lot to me and encourages me even more to continue on this path. When I read the thread I realised how much emphasis you put on fundamentals so I thought I focus on this (see blog post 15838) and get more knowledge. What I can already report is that it gives me more confidence in the positions I take. It helped me to hold onto trades that in the past I would close out because I now have a stronger conviction. The fundamentals and sentiment drives price and technical analysis only helps to get a better entry point.
  • #17,315
  • Apr 16, 2018 5:30am Apr 16, 2018 5:30am
Quoting Davit
Good evening guys Lets get back to trading. USD is gaining so far! Nice! Syria missile attack was a flea bite nothing more as I suspected and wrote on Friday.. UC gaining up NICE {image}
Hi Davit

Agreed, Syria turned out to be a nothing burger, which was pretty obvious by mid weekend. But it could have been very, very different. And I have no prob with my decision to lighten my load and hedge against the worst. I made money and stuck with my MM / risk profile.

Though markets are very subdued today, the lack of Russia response / escalation avoided what could have been a very different day in the markets.

Nobody could predict what would happen. By the time traders could work it out, over the weekend, there is nothing they can do to adjust their positions.

My whole point is that traders have to be aware of more than what's on their FX calendar from Monday to Friday. Particularly if you're holding positions over the weekend. Be fully aware of the geo-political situation in your currency trades!!

Cheers
  • #17,316
  • Apr 16, 2018 6:11am Apr 16, 2018 6:11am
Quoting Davit
Good evening guys Lets get back to trading. USD is gaining so far! Nice! Syria missile attack was a flea bite nothing more as I suspected and wrote on Friday.. UC gaining up NICE {image}
I am in too, also short NU, took the pound out with a loss, was stupid of me really with bullish fundi, lesson learnt
  • #17,317
  • Apr 16, 2018 8:42am Apr 16, 2018 8:42am
Is the fundamental really cares? Are they matter? Today great data from U.S. and dollar is more drown...
  • #17,318
  • Apr 16, 2018 8:45am Apr 16, 2018 8:45am
Quoting Ganesho1989
Is the fundamental really cares? Are they matter? Today great data from U.S. and dollar is more drown...
Fundamentals include more than just macroeconomic news ... think geopolitical, think Whitehouse dramas ... think SENTIMENT.
  • #17,320
  • Apr 16, 2018 8:53am Apr 16, 2018 8:53am
Quoting Seshwaan
{quote} The way I look at fundementals are that there are different levels, if higher level fundementals cause a certain sentiment it takes something of that level or higher to change said sentiment. Obviously it goes way deeper than that but thats a basic overviewof the way I look at them
sentiment is the color of the canvas Davit paints.

warm ...

cool ...

tropical ...

you've got to take the pulse of the market. Read up on local business news as Davit has said before.
To get an idea of business sentiment.
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