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Pivot Trading

  • #21,101
  • Jul 2, 2018 2:13pm Jul 2, 2018 2:13pm
Quoting Dd111
{quote} Thank you very much for the post. The indy which you are using is version 3.2. The indy on the first page was version 3. I was able to find the indy on the clipboard. Once I changed it everything came into line. It might be helpful to change the version on the first page when you can. Thank you and looking forward to moving forward.
Dd111, see the attachment v 3.2 Hope it works for you.
Attached File(s)
File Type: mq4 Davits Pivot V3.2 Auto.mq4   25 KB | 773 downloads
You NEVER will be the person you could be, without pressure & discipline
  • #21,102
  • Jul 2, 2018 2:25pm Jul 2, 2018 2:25pm
Quoting Axleman
{quote} Agreed NOT GOOD!. The company I work for supplies Aluminum Door Leafs & Storefront framing to the Glass trade(Commercial side only, not Residential). We fabricate extrusions that are made in the USA that in turn buy raw/recycled Aluminum from Canada. We supply Local here in BC, small amount to Alberta & Washington State. Tariffs? Go Figure... its a pissing match. We just received a larger than normal order from the USA to save the 10%, which we will have to start charging our customers more, as well they will pass on to theirs. Keep in mind...
Yes things are not good between the two countries right now. I live on the Island. I've been delivering load after load of a special coated rebar steel that came up from Washington State that a customer uses in building construction and they stockpiled as much as they could of it before the tariffs came into effect. Their customers had already quoted and tendered jobs based upon the old prices so they told them if they wanted to not get their profits evaporated on those jobs they'd better get the steel now. We just finished doing 6 months worth of steel hauling in June so now we probably won't do anything for that customer for the rest of this year. I live in Canada and used to run a small Trucking company that ran between Canada and the USA I've downsized in the last few years and I only have one piece of equipment left now. Presently I only do local work although I still maintain my USA operating authorities for just in case. In the last 30 years I used to spend about 250 days out of the year in the USA. That all changed last year as Harper had signed a bill with Obama that if any Canadian business person spent more then 183 days in the USA they could be refused entry at the border, OR be considered a USA resident for TAX purposes. The IRS wanted you to fill out a form and retro actively report the number of days you spent in the USA for the past 3 years. Sounds like a big hassle to me so I decided to quit running South.
Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #21,103
  • Jul 2, 2018 3:19pm Jul 2, 2018 3:19pm
EURAUD sell
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  • #21,104
  • Jul 2, 2018 3:21pm Jul 2, 2018 3:21pm
Quoting Recruit
NZDCAD - watching closely NZDUSD - watching closely {image} {image}
Update:

NU- in position.

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  • #21,105
  • Jul 2, 2018 3:38pm Jul 2, 2018 3:38pm
Gotta admit - it's nice hearing from other Canadians on the thread
  • #21,106
  • Jul 2, 2018 3:44pm Jul 2, 2018 3:44pm
Quoting Recruit
{quote} Update: NU- in position. {image}
Perfect
Building a Freedom All Time Return: 5,178.8%
  • #21,107
  • Jul 2, 2018 3:45pm Jul 2, 2018 3:45pm
Quoting Husky77
{quote} i am very undecided ... so i stay out for now {image}
I am starting to get the feeling that I might have rushed shorting this one though.. I am following Davit`s system here by breaking down the position into small lots: "There is advantage to trade this way.Should PA go against you and you no longer like the trade you can get out by fraction of lot invested hence your loss is minimal instead of traditional 1 trade 1lot per trade when if wrong loss is substantially higher.".. so let`s see how it plays out. Worst case Ill be out with a small lose .

P.S. Husky77, can you check your message settings, please?

Regards
whether you think you can or can't either way you are right
  • #21,108
  • Jul 2, 2018 4:01pm Jul 2, 2018 4:01pm
Hi guys, dont you have any idea why I cannot see any resistance above R100 and any support under S100? I use davit pivots 3.2 auto. Thank you.
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  • #21,109
  • Jul 2, 2018 4:12pm Jul 2, 2018 4:12pm
Quoting bergax
Hi guys, dont you have any idea why I cannot see any resistance above R100 and any support under S100? I use davit pivots 3.2 auto. Thank you. {image}
Check settings.
Attached Image
  • #21,110
  • Jul 2, 2018 4:31pm Jul 2, 2018 4:31pm
Attached Image


Currently all in profit with minimal DD
  • #21,111
  • Jul 2, 2018 7:04pm Jul 2, 2018 7:04pm
Is this a good trade base on the system?
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  • #21,112
  • Jul 2, 2018 7:18pm Jul 2, 2018 7:18pm
Quoting Romanov102
{quote} Yes things are not good between the two countries right now. I live on the Island. I've been delivering load after load of a special coated rebar steel that came up from Washington State that a customer uses in building construction and they stockpiled as much as they could of it before the tariffs came into effect. Their customers had already quoted and tendered jobs based upon the old prices so they told them if they wanted to not get their profits evaporated on those jobs they'd better get the steel now. We just finished doing 6 months...
Hi Romanov102,
Can't blame you for your decision to downsize. My father in law was a O/O for many years running through the USA & Alta, Sask etc. He past on 10 years ago, tough gig, but much needed to service the economy. His career ended when he rolled his rig running through Washington. Lucky to survive. Yup so much for free trade & doing business freely without border hassles...our last full load was held up few hours coming up from Cali...go figure both sides playing the game. He says we are their only customer up here, yah think they would get the picture by now? not! Poor guy just shook his head and we agreed with a laugh.

My wife has owned Worldmark (Wyndham) shares for last 20+ years & we use our vacation points religiously at xmas time...have 80+ vacation destinations to choose from...mostly west coast of USA...we usually end up in Mexico, due to dollar exchange & border hassle. Have a friend that lives in Hawaii...also owns a place in Tahoe...drove there last summer...was great time. We want to RV it across USA when we retire from reg work life...hope that dream is still alive a well then...good for USA economy don't ya think?

too much red tape...makes you feel trapped...thankful we live in great place...I'm in Poco, have sister in Nanaimo...keep on truckin for now.

Cheers,

Axleman.
  • #21,113
  • Jul 2, 2018 7:24pm Jul 2, 2018 7:24pm
Quoting fas
Is this a good trade base on the system? {image}
FAS,

based on your 5min TF. what do you think? you may want to Quickly & Carefully read page 1 again & again...& then read more pages...I don't know whats going to happen next? but I have a good guess...read between the lines...

Best wishes!
  • #21,114
  • Jul 2, 2018 8:04pm Jul 2, 2018 8:04pm
Quoting Axleman
{quote} FAS, based on your 5min TF. what do you think? you may want to Quickly & Carefully read page 1 again & again...& then read more pages...I don't know whats going to happen next? but I have a good guess...read between the lines... Best wishes!
And best to know if ALL the indicators are working, giving the right feedback, and are they being read properly?

For example, pay attention to the details...

Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #21,115
  • Jul 2, 2018 9:59pm Jul 2, 2018 9:59pm
Quoting Erebus
{quote} And best to know if ALL the indicators are working, giving the right feedback, and are they being read properly? For example, pay attention to the details... {image}
you have to install last update of Magnified Market Price and then
input WhatCorner set as =1
  • #21,116
  • Jul 2, 2018 10:02pm Jul 2, 2018 10:02pm
Quoting ppxdf
{quote} you have to install last update of Magnified Market Price and then input WhatCorner set as =1
Thanks for the Help, but not my chart, please pay attention to the previous posts

https://www.forexfactory.com/showthr...6#post11223666
It takes a lot for me to IGNORE you, but you can try.
  • #21,117
  • Jul 2, 2018 10:34pm Jul 2, 2018 10:34pm
Quoting Axleman
{quote} Hi Romanov102, Can't blame you for your decision to downsize. My father in law was a O/O for many years running through the USA & Alta, Sask etc. He past on 10 years ago, tough gig, but much needed to service the economy. His career ended when he rolled his rig running through Washington. Lucky to survive. Yup so much for free trade & doing business freely without border hassles...our last full load was held up few hours coming up from Cali...go figure both sides playing the game. He says we are their only customer up here, yah think they...
Yes it's great for their economy, however politicians aren't the brightest bulbs in the box and they manage to screw things up. There's hundreds of thousands of Canadians that winter in the USA now some of them are wintering less. We have Wyndam as well. Royal Garden in Waikiki is a nice place to stay. I used to like going to Hawaii and once this started didn't want to go because it eats into your days. I'm eyeing up Costa Rica as a potential winter travel destination. A 9 HR flight straight down out of Vancouver and no time zone change. In the good old days we used to drive across the US border with just a drivers licence. Now in this post 911 world we have RFID chipped identification cards with FBI, CIA, RCMP clearance and they still look at you sideways when you cross the border. I went to Washington in February for a 1 week course and was grilled and chilled at Blaine he asked me the same questions twice and then decided he was going to let me in, however first he wanted to know when I was leaving. Makes you feel real welcome. lol
Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #21,118
  • Jul 2, 2018 10:57pm Jul 2, 2018 10:57pm
Quoting mattymattz
Gotta admit - it's nice hearing from other Canadians on the thread
I too lived on the Island for many years...distributing and representing tractor companies from Korea, Germany, Italy and Russia to Canadian Farm Equip. Dealers, but now reside in Lethbridge, Alberta. The time difference between the purchase by the farmer and delivery from the factory needed close management due to fluctuation in currencies, but it was relatively easy to manage using forward future contracts to lock in prices. But now with tariffs, and political volatility I can say with confidence that the Dealers I worked with will be over cautious in all their purchases outside Canada to the point where slow downs are inevitable. This so called trade war will effect nearly every industry in Canada one way or the other so I am very glad to have the privilege to sit on the sidelines without the huge risks I used to manage, both personally and for the companies I represented.

On the lighter side, the volatility caused by all the commotions in the market should provide many trading opportunities as long as we are careful to stay on the right side of the market...and this method Davit has developed certainly can help manage the risk. Good price action on EU atm and hoping my entries prove successful....
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  • #21,119
  • Jul 2, 2018 10:59pm Jul 2, 2018 10:59pm
EA that is...
  • #21,120
  • Jul 3, 2018 12:24am Jul 3, 2018 12:24am
Quoting fas
Is this a good trade base on the system? {image}
if you dont trust what you do then dont do forex.
Take what you can, give nothing back
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