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Pivot Trading

  • #20,761
  • Jun 26, 2018 3:07pm Jun 26, 2018 3:07pm
Quoting Husky77
{quote} there's no tp at 20 pips at all,no tp at all in fact.i have a backup for emergency exit if is the case for pair who gained enough pips i consider.but 99% i close manual when I consider am am satisfied and of coourse corelated with what my sense tell me about what a specific pair is doing on charts. as you see here and if you look back on my trades ... i am still UP and running to observe i dont use scalping just look at UJ and EA .if that was to be scalp trades must be closed by now. P.S. if after 20 pips you as a trader consider that pair...
Are you full time trader? I just wonder, nothing about your trades and positions.
  • #20,762
  • Edited 3:20pm Jun 26, 2018 3:08pm | Edited 3:20pm
Quoting pgr45za
{quote} One question, if I may: How do you manage to enter your positions (short) always at the top of the candle?
when i hunt one pair after levels meet and i watch PA i have h4+h1+m15+m5 charts open and i see all those charts in same time.so i can hunt to enter on the candle exhaution many times right on the tail.

Quoting MoneyTalks58
{quote} Are you full time trader? I just wonder, nothing about your trades and positions.
yes.out of the time when i am gone at fishing
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Take what you can, give nothing back
  • #20,763
  • Jun 26, 2018 3:23pm Jun 26, 2018 3:23pm
Quoting Husky77
{quote} when i hunt one pair after levels meet and i watch PA i have h4+h1+m15+m5 charts open and i see all those charts in same time.so i can hunt to enter on the candle exhaution many times right on the tail. {quote} yes.out of the time when i am gone at fishing {image}
@Husky77: Do you then fire based on TF5?
  • #20,764
  • Jun 26, 2018 3:33pm Jun 26, 2018 3:33pm
Quoting renkotop
{quote} @Husky77: Do you then fire based on TF5?
not always brother.using to watch all this timeframes is just to see the big picture but fractured in more details.if you look not all trades are at same level while price goes in one direction but i am always look to match them on tail as much i can.of course not always work.but as i trade not too much pairs this i think can help to focus.when you over trade and take too many pairs you may lose some in focus.as you see this week i took only 6 pairs.4 are still open.having 2 big screen make easier to watch PA. and there is also something else that i really cant explain and i guess is called ''used with'' or experience.traders who got this after few years i am sure understand well what i say.
have a look at NJ ,what we do? i prefer to wait,but thats me.cos i hunt important levels.we dont know exactly what can be thinking at news and data corelated with this sistem .but we can have a clear ideea of a sistem we follow.i decide to watch the zones created by 61.78.100.and there i hunt watching PA.till levels will be hit and zones created i watch it in H4 only.no need to fuss about it.
remember post 1?
''As price travels progressively away from weekly pivot it becomes more likely to go into correction.
61 S/R key zone 78R/S is Scott Carney's last chance for reversal (spikes stops taken before reversal) 100R/S another major zone.
Should price smash 100 S/R then you are in strong trend supported by fundamentals.''
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Take what you can, give nothing back
  • #20,765
  • Jun 26, 2018 3:36pm Jun 26, 2018 3:36pm
Quoting Husky77
{quote} not always brother.using to watch all this timeframes is just to see the big picture but fractured in more details.if you look not all trades are at same level while price goes in one direction but i am always look to match them on tail as much i can.of course not always work.but as i trade not too much pairs this i think can help to focus.when you over trade and take too many pairs you may lose some in focus.as you see this week i took only 6 pairs.4 are still open.having 2 big screen make easier to watch PA. and there is also something...
@Husky77: Thanks for Reply. It is a real good Setup for trading!
  • #20,766
  • Jun 26, 2018 3:38pm Jun 26, 2018 3:38pm
Quoting Husky77
{quote} when i hunt one pair after levels meet and i watch PA i have h4+h1+m15+m5 charts open and i see all those charts in same time.so i can hunt to enter on the candle exhaution many times right on the tail. {quote} yes.out of the time when i am gone at fishing {image}
You are king of PA. Thanks!
  • #20,767
  • Jun 26, 2018 3:52pm Jun 26, 2018 3:52pm
Quoting pgr45za
{quote} You are king of PA. Thanks!
wish i be lol but you see not always work. but when is working then all good.
in this UJ i considered price that came from 61 level respecting really nice the leveland PA was kinda strong,and even late trade it worked nice.now is at W pivot,it may get a rejection from there or may break it for up side.what i will do? i will do exact what market will do.if will get rejection i exit,if will break i keep it.
simple.
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Take what you can, give nothing back
  • #20,768
  • Jun 26, 2018 4:41pm Jun 26, 2018 4:41pm
Quoting Husky77
third week... tuesday I dont want to prove how much i love manual PA trading,or how much i like this Davit pivot sistem,i just want to prove from my own experience that this sistem really works if you know what youre doing. Davit thx mate {image} {image}

Congratulations! I am not far off but your entries are still much better planned than mine.
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The only thing that will make us successful is if we can control ourselves!
  • #20,769
  • Jun 26, 2018 4:50pm Jun 26, 2018 4:50pm
Thanks Davit nice system

nzdusd near s38 to check it
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  • #20,770
  • Jun 26, 2018 5:22pm Jun 26, 2018 5:22pm
Quoting Juan007
Thanks Davit nice system nzdusd near s38 to check it {image}
Watching it closely too, just waiting for the rate decicion tomorrow so careful with NZD pairs unit then.
whether you think you can or can't either way you are right
  • #20,771
  • Jun 26, 2018 5:34pm Jun 26, 2018 5:34pm
Quoting joyride
{quote} Watching it closely too, just waiting for the rate decicion tomorrow so careful with NZD pairs unit then.
keeping it same will boast NZD
market usually prices in the negative outcome before release
In trading, you have to be defensive and aggressive at the same time
  • #20,772
  • Jun 26, 2018 5:39pm Jun 26, 2018 5:39pm
Quoting Husky77
{quote} wish i be lol but you see not always work. but when is working then all good. in this UJ i considered price that came from 61 level respecting really nice the leveland PA was kinda strong,and even late trade it worked nice.now is at W pivot,it may get a rejection from there or may break it for up side.what i will do? i will do exact what market will do.if will get rejection i exit,if will break i keep it. simple. {image}
you are a good example what this system can generate with experience in forex.There is no shortcuts for screen time
Sometimes I look at prices on my phone and after an hour I try to guess where it will be and often I am right on the money.I could not do this 4yrs ego...
Now its weird I can sense an exhaustion before even happening...
In trading, you have to be defensive and aggressive at the same time
  • #20,773
  • Jun 26, 2018 5:41pm Jun 26, 2018 5:41pm
UJ is clearly ranging 110 being key RN
Something to be aware.
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In trading, you have to be defensive and aggressive at the same time
  • #20,774
  • Jun 26, 2018 5:48pm Jun 26, 2018 5:48pm
Shorting EURAUD from R78, doing well so far. even though it got rejected by strong support for now.
"Letting losses run is the most serious mistake made by most investors."W.O
  • #20,775
  • Jun 26, 2018 5:51pm Jun 26, 2018 5:51pm
Quoting Husky77
third week... tuesday I dont want to prove how much i love manual PA trading,or how much i like this Davit pivot sistem,i just want to prove from my own experience that this sistem really works if you know what youre doing. Davit thx mate {image} {image}
First of all congrats for the awesome trades

I hope I dont sound too retarded, but technically speaking is impossible to know when a candle is going to end so this trades, specially the ones on the long bull candles looks to me like a "Jump of faith" hoping that price will react to that level before any confirmation right? I mean, at this point I doubt TDI was saying anything than just a clear bullish momentum?

I see first trade you open it at the retest of the previous level created by the first bullish candle with long wick and then you follow adding to the position more or less each pip is there anything I'm missing or that I'm not considering to take the trade at this point?

Edit: Looking again I can understand last ones because you can even spot a slight TDI divergence, but the first ones... im clearly missing something haha maybe this something is just skill
Building a Freedom All Time Return: 5,178.8%
  • #20,776
  • Jun 26, 2018 9:23pm Jun 26, 2018 9:23pm
hi guys watch EURNZD.
  • #20,777
  • Jun 26, 2018 9:25pm Jun 26, 2018 9:25pm
Quoting TURoO
hi guys watch EURNZD.
Its on a nice 4hr zone.
Just waiting for a signal candle for the go
  • #20,778
  • Jun 26, 2018 10:26pm Jun 26, 2018 10:26pm
eur/aud back to sell zone. watching closely
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  • #20,779
  • Jun 26, 2018 10:27pm Jun 26, 2018 10:27pm
Quoting hdnguyn
{quote} Its on a nice 4hr zone. Just waiting for a signal candle for the go
Tomorrow, close to NY Close, if at all...
  • #20,780
  • Jun 26, 2018 10:33pm Jun 26, 2018 10:33pm
Quoting Davit
https://www.youtube.com/watch?v=BkkOQjK71Ss System Of A Down - Deer Dance #03 entire album is a masterpiece nothing like it!
Hey Davit,

COOL you appreciate this style of music. I love the quality metal, like Megadeath, Metallica,Primus & old school bands like Zeppelin, Sabbath, Rush, Iron Maiden, Judas Priest etc. They're lyrics have meaning & stories as well played proficiently. I enjoy many styles of music now.

I went to SOAD in 2011 here in Vancouver with my niece. (she was 18 or 19 yrs old?...me in my 40's)...We rocked it out in the mosh pit...they were Freakin awesome live...

back to Biz...another post you showed an exit on EA..thanks...had I been up all night(early AM) most likely did the same...and YES do not provide signal service,,,would have to call you a "sell out" if you did LOL...your trades are yours...I'm working on mine with the help of this thread...

Cheers!
Axleman
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