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Pivot Trading

  • #21,641
  • Edited 7:41pm Jul 10, 2018 11:06am | Edited 7:41pm
Quoting Davit
Hi guys There are malicious individuals on this forum that want to bring harm to me.Published personal info that should of never happened. I for 2 years took time from my family friends to teach share a winning system and instead I get rewarded in most atrocious manner. It was a pleasure knowing you guys and you know who you are. I will be in touch with you guys if I go to another forum.Going to take a break from forum activity until maybe Sept.I am confident we can find a troll free forum. I will answer PM in due time there are lots of them...thank...
Davit,
Family is always first...and so is your health. Take a long sabbatical and rest, then please return to your grateful FF students. And, if you do return, please just drop any idiot that my be harmful this thread. I and others have learned so much from you, so maybe place a minimum for membership to this thread.

I hope to see you return after your rest. Maybe you paint more. Finally, sell me a painting - but, give a good price and of a female subject without being too graphic (LOL).

Your Friend and an appreciative student who shooting for 1 million dollars (USD) in 5 years using your Pivot Trading system !

All the Best.... John (aka G-Doc)
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #21,642
  • Jul 10, 2018 11:44am Jul 10, 2018 11:44am
Quoting Cryptosurf
{quote} Here's a MT5 template I set up recently. {image} The symbol changer and pip indicator you have to download from the market directly. They are named: Charts symbol changer and synchronizer MT5 Show Pips MT5 {file} {file} {file} {file} {file} {file} {file}
Thanks Crypto! Not currently using Mt5, kinda hesitant about switching over..Thanks a bunch
  • #21,643
  • Jul 10, 2018 11:48am Jul 10, 2018 11:48am
Hope you come back again after September. God bless you.
  • #21,644
  • Jul 10, 2018 11:56am Jul 10, 2018 11:56am
Quoting sonseeker
{quote} Thanks Crypto! Not currently using Mt5, kinda hesitant about switching over..Thanks a bunch
Yeah Im not actively using it, I have a futures account with AMP and may decide to make the jump soon. They have MT5 integration, however will use it mostly for charting and use the other platforms for trading.

Cheers
Trade with confidence, trade without fear.
  • #21,645
  • Jul 10, 2018 12:08pm Jul 10, 2018 12:08pm
Quoting Davit
Hi guys There are malicious individuals on this forum that want to bring harm to me.Published personal info that should of never happened. I for 2 years took time from my family friends to teach share a winning system and instead I get rewarded in most atrocious manner. It was a pleasure knowing you guys and you know who you are. I will be in touch with you guys if I go to another forum.Going to take a break from forum activity until maybe Sept.I am confident we can find a troll free forum. I will answer PM in due time there are lots of them...thank...
sad to see you go sir..

but i'm pretty sure FF has its role in giving you some knowledge. I'm sure Davit didn't create this nice system in a vacuum..nobody leaves here without some gems..give and take..that's how life works.

cause of few mentally ill trolls..you took down your system to "punish" the whole place?

good luck. see you in september...or november?

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  • #21,646
  • Jul 10, 2018 12:31pm Jul 10, 2018 12:31pm
Quoting 4fxonly
{quote}... @Retep Thanks for your mt5 indi, but to me it looks a bit confusing as there are only segments instead of lines (which I believe would be important to display) and no way to understand which is which at a first glance, with no option to modify it. Is there any way you could maybe add an option to identify the different lines (basically to make it look like the one that has been used here so far)? ...
I have created my own trading style out of the useful informations from Davit. Many thanks to him! So it was not my intention to create a copy of the pivot indicator for MT5 with the same functionality. I use daily, 4-hour and hour pivots too (for entry, trailing and exit), so it's necessary to draw them in the specific time space only. And different colors for each level tells me enough.
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  • #21,647
  • Jul 10, 2018 12:36pm Jul 10, 2018 12:36pm
Quoting Egbert
{quote} Are you a troll? Attached is the Angleator to the same chart! Is that chrismas strings I see on the top chart? Even the setup of the Angleator is not the same as the standard one! Even your pivots are way off...….. I will not even sell USDJPY yet as its still very much bullish just looking at H4,D1 on the Angleator!!!!!!!!!!!! Price action, Price action, Price action Shame on you {image}
My first time to load the template, the arrow is always stationary state, in another thread to load "DAVIT" GRABDAVIT "template" to solve the problem of different time arrow, I in the Asian time zone, different computer configuration have different time, GMT or UTC, is hung on a VPS, I use a mobile phone login, look at it.Different people will have different problems, so please be calm.
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Science and art
  • #21,648
  • Jul 10, 2018 12:41pm Jul 10, 2018 12:41pm
Quoting Davit
Hi guys There are malicious individuals on this forum that want to bring harm to me.Published personal info that should of never happened. I for 2 years took time from my family friends to teach share a winning system and instead I get rewarded in most atrocious manner. It was a pleasure knowing you guys and you know who you are. I will be in touch with you guys if I go to another forum.Going to take a break from forum activity until maybe Sept.I am confident we can find a troll free forum. I will answer PM in due time there are lots of them...thank...
Congratulations! Sounds like you are on your way to a profitable year. I can tell by concerns about info that you posted indeed proves are in the black for now. A little early to wave the victory flag as September/October can be difficult and downright cruel to your style of trading.

A word of calm for you on the taxman. They will not search forums for your posts about profit. The IRS and their IC's are the laziest of all government workers. They would not look for and don't care especially when most forum members are posting bravado of wins that never existed.

If you are still in black at the year end, go to bank and deposit estimated payments before Jan 15, 2019. Those pinheads got $13,540.xx in penalties from me one year. I even went to the office with Pub 15 in my hand. Their mentality is - "We do not care what we wrote. We are the lords and you are the serfs and we can interpret however we want to interpret Pub 15." So --- the Jan 28 deadline in Pub 15 is not recognized and they will hit you with interest and penalties, if the broker sends you a 1099.
Ecclesiastes 1:9
  • #21,649
  • Jul 10, 2018 1:10pm Jul 10, 2018 1:10pm
Removing the 1st page to me dont look's like reaction from 2 coments of trollers here is something deeper.... look's like Davits understanding and expanation for free is mesing somones interest (money) in these industry ...... only God and he kmows what's hapening! Be safe man!
  • #21,650
  • Jul 10, 2018 1:20pm Jul 10, 2018 1:20pm
Quoting mizi123
Removing the 1st page to me dont look's like reaction from 2 coments of trollers here is something deeper.... look's like Davits understanding and expanation for free is mesing somones interest (money) in these industry ...... only God and he kmows what's hapening! Be safe man!
Oh please!!
  • #21,651
  • Jul 10, 2018 1:26pm Jul 10, 2018 1:26pm
Quoting mizi123
Removing the 1st page to me dont look's like reaction from 2 coments of trollers here is something deeper.... look's like Davits understanding and expanation for free is mesing somones interest (money) in these industry ...... only God and he kmows what's hapening! Be safe man!
I doubt is it's money issues. Retailers trading such a small percentage and winnings are so low compared to banks it's like drop in the ocean. He just got pissed off of disrespectful idiots around here. Creative people of art are mostly vulnerable to bad comments and taking it personally. Well it's actually good that he removed strategy. More for us less for them
  • #21,652
  • Jul 10, 2018 1:42pm Jul 10, 2018 1:42pm
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Patience pays Pips... And pips pay $$$
  • #21,653
  • Jul 10, 2018 2:42pm Jul 10, 2018 2:42pm
I em selling EC for 40 pips....
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  • #21,654
  • Jul 10, 2018 2:53pm Jul 10, 2018 2:53pm
please can someone pass me the files of the strategy and the template, it's the second time I ask and nobody helps me
  • #21,655
  • Jul 10, 2018 2:55pm Jul 10, 2018 2:55pm
1) As price travels progressively away from weekly pivot it becomes more likely to go into correction.
2) 61 S/R key zone 78R/S is Scott Carney's last chance for reversal (spikes stops taken before reversal)
3) 100R/S another major zone. Should price smash 100 S/R then you are in strong trend supported by fundamentals.

don't subscribe to typical bookish mentally that if previous H4 is bear then assumption should be another bear candle.This is very wrong way to look at the markets.Markets are in constant motion and within 1 H4 candle price can move opposite over 100pips against previous candle so its not about previous candles but where price is in relative to pivots.In simple terms Location is what is important.
I trade 15-30min charts however bigger works as well.
TDI is our friend.When price hit major pivots we wait for TDI to turn thus confirm the move. Sharp angles important when its almost horizontal PA is weak or consolidating thus avoid trading.PA is king always!



STOP LOSS
1 Decide how much each swing is worth example $500
2. Divide $500 into mini lots for multiple entries example .50c a pip gives 1000 pip distance
3. This allows averaging in orders as seen fit irregardless if previous orders are in red
4. Orders are placed as long as reason for trade is still valid
5. If conditions change loss is taken since orders are not placed all at once this allows smaller loss
Swings
Each Swing investment $500 (example yours could be anything)
Swing is taken as loss once -$500 is reached
There are no exceptions.No running red beyond $500
Orders broken down into mini lots that satisfies each swing consist of 10-15 trades
My budget for this is 2-3% of account risk say $500 for example.I then enter trades on mini lots and as long as my 500 is not consumed on DD and I am still confident of my trade I stay on it.I may choose to get out early but most times my SL is predetermined.This allows me to cast a wider net. So my 10mini lots can cover 50pip distance hence capture better RR
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.
Numbers posted are for examples only

Note very important this system does not work best with hyper pairs that usually have over 120pip ADR like GJ GA GN etc
From numerous trial and errors low ADR pairs fits the best in my method
Pairs I trade most often......UC AC NC EA AU GU NU AN EU
Attached File(s)
File Type: tpl Davit pivot3.tpl   27 KB | 499 downloads
  • #21,656
  • Jul 10, 2018 3:02pm Jul 10, 2018 3:02pm
Quoting corrman
{quote} It was his way or the highway, there's the door if you don't like it, banning people is authoritarian and he asked for it by being authoritarian, piss off enough people and there's blow-back.
His thread, he clearly laid out the rules, even gave people fair warning before banning. He really wasn't asking too much to just follow the rules and template on page 1. After all, if you were here, it was to learn HIS system.
  • #21,657
  • Jul 10, 2018 3:14pm Jul 10, 2018 3:14pm
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Hard choices, easy life. Easy choices, hard life. ~ Jerzy Gregorek
  • #21,658
  • Jul 10, 2018 3:55pm Jul 10, 2018 3:55pm
Quoting Davit
Hi guys There are malicious individuals on this forum that want to bring harm to me.Published personal info that should of never happened. I for 2 years took time from my family friends to teach share a winning system and instead I get rewarded in most atrocious manner. It was a pleasure knowing you guys and you know who you are. I will be in touch with you guys if I go to another forum.Going to take a break from forum activity until maybe Sept.I am confident we can find a troll free forum. I will answer PM in due time there are lots of them...thank...
Farewell my friend, all best and hope to see you Sept!
whether you think you can or can't either way you are right
  • #21,659
  • Jul 10, 2018 4:10pm Jul 10, 2018 4:10pm
AJ, AUCHF, AU falling shooting down nicely. Even when Davit is not here, he is still helping us make pips

Bless him.

https://www.forexfactory.com/news.php?do=news&id=790535

You should always be mindful of fundamentals and know what drives a pair. AUD is a commodity based currency reliant on US and China for exports. If trade wars continue, that's bad for AUD.

AU
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AJ
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AUCHF
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  • #21,660
  • Jul 10, 2018 4:12pm Jul 10, 2018 4:12pm
AUD's strength getting under pressure. Closed last few positions on EA from last week.
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whether you think you can or can't either way you are right
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