Pivot Trading

Quoting Seshwaan

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EURCAD and CADCHF doing well. I had hopedthe same for CADJPY as I have been in that for a few days in slight DD but still holding steady. I 100% take responsbility for the CADJPY trade not being in profit, I should have added when it hit WR78 level but didn't for some reason.. lesson learned! {image} {image} {image}

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Quoting Seshwaan

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EURCAD and CADCHF doing well. I had hopedthe same for CADJPY as I have been in that for a few days in slight DD but still holding steady. I 100% take responsbility for the CADJPY trade not being in profit, I should have added when it hit WR78 level but didn't for some reason.. lesson learned! {image} {image} {image}

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Quoting chararu

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{quote} I took the EURCAD long and CADJPY short. I do seem to be successiful so far in identifying correct set ups. There is one thing i need to clarify, which continue to escape me despite reading the forum many times. Do we take profit at next pivot or we check higher timeframe for confirmation to continue to hold. I have been closing my trade at next pivot mostly. I apologise if this question has been answered many times, it is one of those that i continue to struggle with. Thanks all

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Quoting chararu

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{quote} I took the EURCAD long and CADJPY short. I do seem to be successiful so far in identifying correct set ups. There is one thing i need to clarify, which continue to escape me despite reading the forum many times. Do we take profit at next pivot or we check higher timeframe for confirmation to continue to hold. I have been closing my trade at next pivot mostly. I apologise if this question has been answered many times, it is one of those that i continue to struggle with. Thanks all

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Quoting snail69

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{quote} Chararu, good measurement is TDI in extreme ( especially, colors - No. 4 item there ), then close. I watch it mostly on higher TF like 1H, 4H.

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Quoting renkotop

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{quote} @Seshwaan: I' m short on cad/chf as well. Would you please be so Kind and let me know, where I can get the alert? I do not find it.... Best regards, renko

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Quoting snail69

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Now, when there is more people watching, would like to share tools to make pivoter's life easier. 1) Control Center - everything there for flying the ship 2) Guardian - risk management EA, set and let it do it's job, just manage all in Control Center Enjoy and good luck ! {file} {file}

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Quoting MrAussieFX

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I would like to mention this again and it may come across harsh, me acting as a moderator of this thread and overreacting. But some posters here are trying to take an advantage of the absence of Davit and 1. Posting whatever indicator/EA/Script they feel like posting without even waiting for Davit to come back and ask him if he is happy with it. 2. Not bothering to read the thread, use the search function on the thread. 3. Posting the charts with un-necessary indicators Do yourself a favor, If you are one of the above its safer to edit your posts...

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Quoting MrAussieFX

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When I try to learn something new. I read how others have done it before me, I go through the steps and put those steps in graphical form if possible. If it works once, I try to do it again and keep repeating it until I get consistent with it. I hope the below illustration helps. It is how I see the 1st post of this thread. {image} See if you can see the same thing below. All we have to do is, repeat what works and be patient. {image} kindest regards

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