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Pivot Trading

  • #19,681
  • Jun 7, 2018 5:04pm Jun 7, 2018 5:04pm
UJ likely to test 110 then range in short space 50-60pips until feds day.
I love range when I spot it then get in get out repeat.I prefer selling UJ then buying it.
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In trading, you have to be defensive and aggressive at the same time
  • #19,682
  • Jun 7, 2018 5:15pm Jun 7, 2018 5:15pm
Actually would love to see Yen pairs deflate NJ CJ AJ to reload. AJ appeals me most.1st you collect the swap second pretty predictable patterns and nice mellow ADR's not likely to cause concern.
AJ testing WP would be Sweet
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #19,683
  • Jun 7, 2018 5:21pm Jun 7, 2018 5:21pm
Quoting Davit
{quote} That guys nasty vile comment should not have been supported by any rational person. Thank you BrianRay you are decreasing your Karma that's for sure... This thread is becoming metaphor for human behavior in its ugliness and beauty
Hey Davit, long time. As you know I don't post much but wanted you to know you're doing a great job. It's thanks to your help that traders like myself are in positions to shape their future how they see fit.

Keep on keeping on

MM
  • #19,684
  • Edited Jun 8, 2018 6:35am Jun 7, 2018 5:22pm | Edited Jun 8, 2018 6:35am
Quoting Davit
{quote} PM idea is tough because I do get sometimes amazing ones. Got recently from Captain Jack pro trader with amazing PM's and I am glad that option is available.You are correct I should stop reading vile threads.
Davit,

May I suggest this book by a medical doctor in Psychiatry:

Attached Image


And just delete offenders without explanations and say "F**k It" like I would tell patients with a lot of unnecessary worry about being nice.
There is my prescription for this malady: say "F**k It" or F**K Them" and just focus on the savable folks like us. You absolutely do not need a Stroke or Heart Attack at a young age. We need you here whenever you can oversee and contribute to your Thread and flush out the undesirables!

OK?

We probably need to take a collection for you and your family to vacation in The Caribbean Islands for all that you have shared with us!
Inserted Video

Regards,

-John (AKA G-Doc, Dr. John, Dr. Silver Lining)
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #19,685
  • Jun 7, 2018 5:36pm Jun 7, 2018 5:36pm
Great stuff in this thread. Good read. Thanks.
  • #19,686
  • Jun 7, 2018 5:48pm Jun 7, 2018 5:48pm
Attached Image
A man is not defeated when he is beaten, he is defeated when he quits.
  • #19,687
  • Jun 7, 2018 6:33pm Jun 7, 2018 6:33pm
Quoting Davit
Actually would love to see Yen pairs deflate NJ CJ AJ to reload. AJ appeals me most.1st you collect the swap second pretty predictable patterns and nice mellow ADR's not likely to cause concern. AJ testing WP would be Sweet {image}
That would be nice..
  • #19,688
  • Jun 7, 2018 7:11pm Jun 7, 2018 7:11pm
Quoting Captain Jack
{image}
So true Captain, Good to have a legend on-board.
  • #19,689
  • Jun 7, 2018 7:56pm Jun 7, 2018 7:56pm
Quoting Davit
Hi Guys I am going to share this so you guys can see who is who and what really goes on here. PM from BrianRay May 11th First i want to say your brother and you are in my prayers. As for the account that i have dedicated to this thread is a new small account. I started with $550 this week. I managed to double the account just in this week. My position size was a safe harbor just to wrap my head around your strat. which is freaking amazing by the way. I have always loved S/R trading but never really thought about the harmonics aspect of it. The both...
First of all i Salute to your Encouragement and facing all new and old members good behave and misbehavior, Which person make profit from your system he said good, and which made loss he thought your system is fail, but no one know you already mentioned that please must read page #1 and dont ask questions how to trade, where i put the trade ... etc
at the end i just want to say Davit sir, your are here for everyone, and helping us freely, i dont know what peoples think that forex is very easy and your system is like game for new member here. i saw many of your reply and some peoples dislike your post they are jealous with your success Davit. They finding shortcut way to make huge money and the end made loss and said your system is fail and you did not told him how to trade or any thing, just leave that foolish peoples Davit and keep working as you are doing best . you are always in my prayers sir. God Bless you
  • #19,690
  • Jun 7, 2018 9:25pm Jun 7, 2018 9:25pm
Quoting Jester_73
{quote} Sorry to sound so harsh but I believe you have no clue about risk management and what you are doing scares the hell out of me. again sorry to be so blunt but I want you to think for a moment about what you wrote and what your account graph shows. Let me help you... You wrote:" I first started learning your method on a live account and over leveraged and blew it up" ......then you go on an you state: "...as before on my life account I was taking blind trades on the S/R61 level and overleveraging! And now you are showing a demo or a live account...
Hi Jester, thanks for your honesty and constructive feedback,you're right, risk management is key,its obvious I wont be trading this hard on a live account and I am not trying to look smarter or anything. I am on a practice account and I would call it a "proof of concept" that over time this strategy is a winner. I am in no hurry for quick riches, Davit has preached being conservative and trading in a calm state of mind and steadily compounding gains. I was hard on myself previously and that is why I have been demo trading for the past three weeks to prove that I could be consistent.Thanks again.
  • #19,691
  • Jun 7, 2018 9:33pm Jun 7, 2018 9:33pm
Quoting Davit
{quote} Its also easier making 30 even 40% on 2k account then on 10k account. Psychological risk factor increases.What you can do with 1k account would be hard doing it on 50k.The reason is obvious you don't care about 1k and want to risk more to see what happens sort of casino mentality. When You worked hard building 50k account I am certain you are not going to risk huge sums unless you are totally careless. Anyway good feedback constructive criticism and this is kind of feedback comes from caring then hating. Cheers
Thanks Davit, I was just building a proof of concept in my demo account after the last mistakes I made. I have seen how you use the power of compounding small gains to your advantage.This thread has been my source of inspiration and it sucks that people are not willing to do the work and see for themselves if the strategy works or not, but they are quick to call Davit a fake. I think I will be ready for the marathon in a few weeks time.Enjoy your Friday guys.
  • #19,692
  • Jun 7, 2018 9:40pm Jun 7, 2018 9:40pm
Quoting june1989
{quote} Hi Jester, thanks for your honesty and constructive feedback,you're right, risk management is key,its obvious I wont be trading this hard on a live account and I am not trying to look smarter or anything. I am on a practice account and I would call it a "proof of concept" that over time this strategy is a winner. I am in no hurry for quick riches, Davit has preached being conservative and trading in a calm state of mind and steadily compounding gains. I was hard on myself previously and that is why I have been demo trading for the past three...
Davit mentioned that the demo doesn't really help and that the psychological and emotional attachment is not intense. Also you start with huge amounts on a demo which you might not begin trading with. In my humble opinion i think you should switch to the live account.

regards.
  • #19,693
  • Jun 7, 2018 10:13pm Jun 7, 2018 10:13pm
Quoting DrForexMD
{quote} Davit, May I suggest this book by a medical doctor in Psychiatry: {image} And just delete offenders without explanations and say "F**k It" like I would tell patients with a lot of unnecessary worry about being nice. There is my prescription for this malady say "F**k It" or F**K Them" and just focus on the savable folks like us. You absolutely do not need a Stroke or Heart Attack at a young age. We need you here when ever you can oversee and contribute to your Thread and flush out the undesirables! OK? We probably need to take a collection...
Thank you John that was great! Will check it out!
In trading, you have to be defensive and aggressive at the same time
  • #19,694
  • Jun 7, 2018 10:14pm Jun 7, 2018 10:14pm
Quoting Captain Jack
{image}
Thank you CJ and all the help and tips privately as well!
In trading, you have to be defensive and aggressive at the same time
  • #19,695
  • Jun 7, 2018 10:15pm Jun 7, 2018 10:15pm
Quoting rockgirl
{quote} First of all i Salute to your Encouragement and facing all new and old members good behave and misbehavior, Which person make profit from your system he said good, and which made loss he thought your system is fail, but no one know you already mentioned that please must read page #1 and dont ask questions how to trade, where i put the trade ... etc at the end i just want to say Davit sir, your are here for everyone, and helping us freely, i dont know what peoples think that forex is very easy and your system is like game for new member here....
Thank you Rockgirl appreciate it
In trading, you have to be defensive and aggressive at the same time
  • #19,696
  • Jun 7, 2018 10:17pm Jun 7, 2018 10:17pm
Closed EA +1790 not bad very nice gain for the week!
Some trades were old some I added recently.
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In trading, you have to be defensive and aggressive at the same time
  • #19,697
  • Jun 7, 2018 10:23pm Jun 7, 2018 10:23pm
Not going to long AU yet.Looks like its heading WP.
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In trading, you have to be defensive and aggressive at the same time
  • #19,698
  • Edited 10:56pm Jun 7, 2018 10:28pm | Edited 10:56pm
Would not recommend longing EU at these levels in the R zone.Nor do I suggest selling it yet.Best wait and see how MM will go about it NY open Friday.
You guys following my theme right my focus is on crosses.Less risky and better swap friendly.Once USd becomes too expensive to hold (pretty soon) selling it will become costly to hold hence shift the focus on Yen and commodity pairs and look only best set ups on USD.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #19,699
  • Jun 7, 2018 11:48pm Jun 7, 2018 11:48pm
Quoting june1989
{quote} Thanks Davit, I was just building a proof of concept in my demo account after the last mistakes I made. I have seen how you use the power of compounding small gains to your advantage.This thread has been my source of inspiration and it sucks that people are not willing to do the work and see for themselves if the strategy works or not, but they are quick to call Davit a fake. I think I will be ready for the marathon in a few weeks time.Enjoy your Friday guys.
hi June1989,

just a piece of advice. Always trade and create demo accounts with the size you would actually trade. If your live account is 2000 USD then open a demo account that is of that size. This way your psychology gets on the right path. Your mind now thinks "hey I can trade so high no problem to do it live" and thats where the killer punch to you and your account comes. Your mind with these percentage gains that you have done will now not be happy when in a real account you will only make 1/10 of your percent forcing you to overtrade again.Get yourself another demo for a month with an account size that matches your live account and trade as it would be your live account. Do not go live until you feel content with far smaller gains/

Just my opinion

Cheers

Jester
  • #19,700
  • Jun 7, 2018 11:51pm Jun 7, 2018 11:51pm
Still waiting for this to break south
EG in nice profit like to see 8750 area for TP
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADH1.png Size: 47 KB
In trading, you have to be defensive and aggressive at the same time
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