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Weekly Pivot trading with TDI

  • #961
  • Aug 5, 2018 5:04am Aug 5, 2018 5:04am
Quoting Neil0163
{quote} You also state you’ve not tested it in a live market but is should be ok. The thing is people who don’t understand will skip through this thread and just download everything they can, they then have lots of losses and blame the “system” in which they have actually created them selfs. I need to keep this thread on track and Davit post here from time to time to steer the ship in the right direction. Again Thankyou for your post but the indicator is not needed here especially when it hasn’t been tested live too
Pivot scan dash isnt indi to disturb Davit system, its tools to see price action on pivot level for all pair, its huge usefull for every one, why you ban him?
  • #962
  • Aug 5, 2018 5:15am Aug 5, 2018 5:15am
Quoting Buddakarn
{quote} Pivot scan dash isnt indi to disturb Davit system, its tools to see price action on pivot level for all pair, its huge usefull for every one, why you ban him?
Because I abide by rules. This thread is to revive Davits thread and Davit would not have allowed it on his thread it’s respect for him and his system.
it hasn’t even been tested live (I’m not saying it doesn’t work) but what if it dosent work? Your sat there looking at your dash realying in the information it tells you and your missing set ups? Nothing beats your own eyes buddy
  • #963
  • Aug 5, 2018 6:07am Aug 5, 2018 6:07am
Quoting DiamondMiner
Neil0163, here are a few that worked out good for me. {image}
Did I count 14 entries on one trade for EURAUD in your first batch of entries? Is that correct? Is this also the Demo market or live market?
  • #964
  • Aug 5, 2018 6:33am Aug 5, 2018 6:33am
Skippyone, I kept adding staying in the +, and had margin so I figured why not? Yes, It was demo, even though I've traded off and on since 2008, I prefer to trade demo for the next 6 months, maybe then I could be ready, but we'll see. Again, I regard myself as a student, but like Gartley, Wolfe Waves, Jenkins and The Geometric Trading Method (was his first student) that Ross Beck taught me. Those four methods are reasonably accurate on where the market is going if they are following patterns. but you need Optuma software by Market Analyst to trade them properly. However, I like this Davit trading method with pivots, it's a no brainer. The others mentioned do take work to study for best possible entry.
You NEVER will be the person you could be, without pressure & discipline
  • #965
  • Aug 5, 2018 6:58am Aug 5, 2018 6:58am
Quoting DiamondMiner
Skippyone, I kept adding staying in the +, and had margin so I figured why not? Yes, It was demo, even though I've traded off and on since 2008, I prefer to trade demo for the next 6 months, maybe then I could be ready, but we'll see. Again, I regard myself as a student, but like Gartley, Wolfe Waves, Jenkins and The Geometric Trading Method (was his first student) that Ross Beck taught me. Those four methods are reasonably accurate on where the market is going if they are following patterns. but you need Optuma software by Market Analyst to trade...
What do you mean for "no brainer"?
I don't think is so easy as it look like.
If it was, we were all rich by now. Isn't it?

Regards
  • #966
  • Aug 5, 2018 7:32am Aug 5, 2018 7:32am
Quoting DiamondMiner
Neil0163, here are a few that worked out good for me. {image}

Hallo DiamondMiner.

You have positive swap amounts in your account for euraud. That is a positive thing.
Which broker do you use ?
  • #967
  • Aug 5, 2018 8:01am Aug 5, 2018 8:01am
Quoting DiamondMiner
Skippyone, I kept adding staying in the +, and had margin so I figured why not? Yes, It was demo, even though I've traded off and on since 2008, I prefer to trade demo for the next 6 months, maybe then I could be ready, but we'll see. Again, I regard myself as a student, but like Gartley, Wolfe Waves, Jenkins and The Geometric Trading Method (was his first student) that Ross Beck taught me. Those four methods are reasonably accurate on where the market is going if they are following patterns. but you need Optuma software by Market Analyst to trade...

Thanks diamond miner. You must have a significantly sized demo account to handle that type of margin with this number of positions. New rules came in last week on Live accounts ( read Esma ) that has significantly increased margin and reduced leverage which to my mind is a good thing.

I don't see the point of waiting 6 months and trading on a demo account for an extended period of time unless you are also a long-term student of analysis which it appears you are. Trading live is different and requires a different level of mental effort required to manage positions than a demo account and as we all know brokers like to provide as much money as you like ( in a demo ) which often inflates people expectations of system returns.

I would prefer that only live trading results are posted in this forum but that is not my decision because that is when the rubber truly meets the road.
  • #968
  • Aug 5, 2018 9:33am Aug 5, 2018 9:33am
For anyone interested: https://www.forexfactory.com/showthread.php?t=802885
  • #969
  • Aug 5, 2018 10:08am Aug 5, 2018 10:08am
Quoting shoaibkh
{quote} Wow!! That's some judgement. have you even read my post? I said i "can", not that 'i will'. Hope you understand the difference. I did read the first post and i am not even trying to post something irrelevant, as per your judgement. I said thanks and paid my respects to Davit and Neil and posted the chart to show how accurately it is based on Elliot wave theory and wave structure (you can count waves in the post i posted, so if you know how to read it, you can actually assess about the direction from TA perspective).
It's ironic that you are 'paying respects to Davit and Neil' yet at the same time insulting them by adding indicators to their proven method. That's what I'm found a bit strange. Sorry to be savage
  • #970
  • Edited 1:47pm Aug 5, 2018 1:28pm | Edited 1:47pm
Quoting shoaibkh
Hello everyone, i hope everyone is doing great. I am new trader (2 months now). I started trading after learning a bit about the Elliot wave theory and how the market moves in fractals, no matter the time-frame, there will always be the same structures. I use a private indicator that draws arrows denoting different level of waves, but this system, I have no words to describe how brilliantly this systems works. I can share screenshots of my indicator to compliment this already brilliant system to help provide further confirmations to setups. I might...
Hi S,
What you are looking are not Elliot waves.There are just swings.You are not going to learn EW from an indicator it takes years to identify them correctly and I mean years. What you have is just common samafor indicator.You are better off deleting from your trading.Its nothing useful.


By the way 1st page says 2yrs experience trading this method and you just started 2months....talk about ignoring rules.That's the main issue with old thread and this thread people ignore rules and procedures then expect to make money.
Take your time forex can be brutal.
cheers
In trading, you have to be defensive and aggressive at the same time
  • #971
  • Aug 5, 2018 1:35pm Aug 5, 2018 1:35pm
Quoting Asw
{quote} You quite clearly don't understand what the dashboard does, it reads the original indicators, enabling the trader to easily spot setups, without shuffling though dozens of charts. I'm not listening to petty clowns like yourself, picking fault with someone who's given several hours of their time for others. I'll not participate anymore. Here is an image of my latest dashboard, I was just finishing off. Asw {image}
Good effort but not needed.There is value "shuffling through charts" Its called chart time(takes generally 10k hours to understand and be proficient at it why cut this valuable experience short)and you see where price is and what it does.There are nuisances that you pick by just doing that.
After deleting exotics and hyper pairs you roughly have 10 pairs to trade.I don't think its hard putting effort to look at 10 charts.Its the culture of being lazy and easy trading that makes losers.Guys who think looking at 10 charts hard work....guys who ignore majority what I have shared and expect to succeed.Not gonna happen.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #972
  • Aug 5, 2018 1:43pm Aug 5, 2018 1:43pm
Quoting DiamondMiner
Skippyone, I kept adding staying in the +, and had margin so I figured why not? Yes, It was demo, even though I've traded off and on since 2008, I prefer to trade demo for the next 6 months, maybe then I could be ready, but we'll see. Again, I regard myself as a student, but like Gartley, Wolfe Waves, Jenkins and The Geometric Trading Method (was his first student) that Ross Beck taught me. Those four methods are reasonably accurate on where the market is going if they are following patterns. but you need Optuma software by Market Analyst to trade...
Hi DM
You may learn technical aspect of trading but without real money at risk your psychological side of trading is not being a factor why Demo traders generally make money.
I suggest trade real money even if its 500 account.You being age where you are 6months is a lot.To me at middle age every day counts.Don't have time to waste.
regards
In trading, you have to be defensive and aggressive at the same time
  • #973
  • Aug 5, 2018 2:43pm Aug 5, 2018 2:43pm
Wow, 254 people download the RSI PDF. Lots of people looking for knowledge on an indicator, I wonder how many would read a PDF on swings and cycles?
  • #974
  • Aug 5, 2018 3:07pm Aug 5, 2018 3:07pm
Quoting Davit
{quote} Hi DM You may learn technical aspect of trading but without real money at risk your psychological side of trading is not being a factor why Demo traders generally make money. I suggest trade real money even if its 500 account.You being age where you are 6months is a lot.To me at middle age every day counts.Don't have time to waste. regards
Davit, I am in agreement to everything you are stating. A number of years ago I took the course "Psychology of Trading" by Jason Alan Jankovsky a one on one mentoring program. He too states what you have just said. I agree everyday counts, as I too do not have one day to waste. When I am confident, I'll do as you suggest. What I do like about your system is the fact that when now open the screen, immediately my eye is drawn to the pivots search for opportunity, then doing further research to see if it qualifies as a trade to take or not in odds of probabilities. It's an honor to be here and learn what you have disciplined yourself to do.
In order to make money in this world, you only have to do ONE thing RIGHT, nothing more.
Respectfully,
PM
You NEVER will be the person you could be, without pressure & discipline
  • #975
  • Aug 5, 2018 5:34pm Aug 5, 2018 5:34pm
Hi Davit,

Thanks for your excellent system, I am reading your thread page by page and I am learning and practicing a lot.

Sad that you are not posting charts anymore but could you please post one chart so we can compare ours with yours? you know the new oanda gmt+2
little bit confused! I set up mine gmt-7 and daily open line to gmt-2

really appreciate your effort

Attached Image (click to enlarge)
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  • #976
  • Aug 5, 2018 5:56pm Aug 5, 2018 5:56pm
Quoting sidali2000
Hi Davit, Thanks for your excellent system, I am reading your thread page by page and I am learning and practicing a lot. Sad that you are not posting charts anymore but could you please post one chart so we can compare ours with yours? you know the new oanda gmt+2 little bit confused! I set up mine gmt-7 and daily open line to gmt-2 really appreciate your effort {image}
compare your pivot point to the pivot on this website
https://www.actionforex.com/markets/...-pivot-points/

make sure fibonacci points is selected and weekly as timeframe if the main PP is on the rest of the pivots will be on, it does not display R78 or S78 but if the main PP is on then it will be on. If it’s a few pops out don’t worry if it’s massively out you need to change timezone again
  • #977
  • Aug 5, 2018 6:14pm Aug 5, 2018 6:14pm
Quoting Sossos
Wow, 254 people download the RSI PDF. Lots of people looking for knowledge on an indicator, I wonder how many would read a PDF on swings and cycles?
i for sure:d will you upload it?
  • #978
  • Aug 5, 2018 6:40pm Aug 5, 2018 6:40pm
Quoting sidali2000
Hi Davit, Thanks for your excellent system, I am reading your thread page by page and I am learning and practicing a lot. Sad that you are not posting charts anymore but could you please post one chart so we can compare ours with yours? you know the new oanda gmt+2 little bit confused! I set up mine gmt-7 and daily open line to gmt-2 really appreciate your effort
I'm pretty sure that the word "AUTO" in the indicator means exactly that

If you choose the setting "true" for "autoTimeAdjustment" (as shown in your screenshot) no further input is required from the user; changing the time will have NO effect on Pivot

Anyone can confirm this simply by experiment, quite easily; does the main Pivot number even change when you change the time setting?

Try the "autoTimeAdjustment" to "false" - now is there any change for the Pivot using various time settings?

Good luck and have a great week all

Here are the Pivot numbers you asked for, but the often linked websites are best

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It takes a lot for me to IGNORE you, but you can try.
  • #979
  • Aug 5, 2018 7:02pm Aug 5, 2018 7:02pm
Quoting Neil0163
{quote} compare your pivot point to the pivot on this website https://www.actionforex.com/markets/...-pivot-points/ make sure fibonacci points is selected and weekly as timeframe if the main PP is on the rest of the pivots will be on, it does not display R78 or S78 but if the main PP is on then it will be on. If it’s a few pops out don’t worry if it’s massively out you need to change timezone again
Thank you Neil very helpful
  • #980
  • Aug 5, 2018 7:12pm Aug 5, 2018 7:12pm
Quoting Erebus
{quote} I'm pretty sure that the word "AUTO" in the indicator means exactly that If you choose the setting "true" for "autoTimeAdjustment" (as shown in your screenshot) no further input is required from the user; changing the time will have NO effect on Pivot Anyone can confirm this simply by experiment, quite easily; does the main Pivot number even change when you change the time setting? Try the "autoTimeAdjustment" to "false" - now is there any change for the Pivot using various time settings? Good luck and have a great week all Here are the...
when autoTimeAdjustment = false no pivots shown on the chart!
I managed to get it close to yours

Thanks for your help

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