HI!
Where to download the indicator, i cannot find it in the link given? PLease help. Thank you
Where to download the indicator, i cannot find it in the link given? PLease help. Thank you
- #983
- Aug 5, 2018 9:32pm Aug 5, 2018 9:32pm
- Joined Mar 2009 | Status: Trader | 2,571 Posts
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 anymorebut 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}
just use gmt-5....should bring everything into line...
- #985
- Aug 5, 2018 10:57pm Aug 5, 2018 10:57pm
- Joined Jul 2011 | Status: Gold Again | 10,570 Posts
Anyone still having issue with "time" you can consider the fine indicator post by excellent member NOSTROMO
https://www.forexfactory.com/nostromo
https://www.forexfactory.com/showthr...4#post10645524
I feel there is a lot missing from pivot analysis when you only look at the current weekly levels
It really misses out on the true power and concept of the theory of using pivots, especially weekly and monthly
What is the theory? It is that pivots will get hit by price of course!
Google for missed pivots if you really want to learn more and expand your knowledge
Can we all trade exactly like Davit? No, so you need to keep learning and find out what works for you!
Here is an example of EURJPY chart; see last week, yes, price turned at R78, big win for Davit traders!
But look at where the previous week PP is; what if you knew that and were prepared to take action at that level?
Much more confirmation, check the other PP, are they missed and then hit? You need to view the whole picture and not just this week, IMHO
You decide....
https://www.forexfactory.com/nostromo
https://www.forexfactory.com/showthr...4#post10645524
I feel there is a lot missing from pivot analysis when you only look at the current weekly levels
It really misses out on the true power and concept of the theory of using pivots, especially weekly and monthly
What is the theory? It is that pivots will get hit by price of course!
Google for missed pivots if you really want to learn more and expand your knowledge
Can we all trade exactly like Davit? No, so you need to keep learning and find out what works for you!
Here is an example of EURJPY chart; see last week, yes, price turned at R78, big win for Davit traders!
But look at where the previous week PP is; what if you knew that and were prepared to take action at that level?
Much more confirmation, check the other PP, are they missed and then hit? You need to view the whole picture and not just this week, IMHO
You decide....
It takes a lot for me to IGNORE you, but you can try.
Not much in the way of scheduled news today.
It's holiday season!
For me that means either ranging markets, or crazy moves if there's a big miss on an economic number or a global event happens.
What I'm looking at & notes:
RBA rate statement out Tuesday, anything more hawkish in the statement would be a shift from last time & could strengthen AUD. AUD/JPY would be one I watch for PA & a long. They also release their monetary policy statement on Thursday.
NZD Official Cash Rate on Wednesday. No change expected, could be a non event, but central banks are the main mover of FX markets, so I'll be watching.
USD PPI on Thursday & CPI Friday. I'm biased towards USD strength, so am looking for PA to go long. Any red numbers here could provide great PA off Pivot levels for me to go long USD.
GBP GDP on Friday, end of week release, so see what has happened during the week. A week is a long time in politics (re. Brexit)
CAD Unemployment Rate & Employment Change, again end of week so I'll see where CAD charts are.
It's holiday season!
For me that means either ranging markets, or crazy moves if there's a big miss on an economic number or a global event happens.
What I'm looking at & notes:
RBA rate statement out Tuesday, anything more hawkish in the statement would be a shift from last time & could strengthen AUD. AUD/JPY would be one I watch for PA & a long. They also release their monetary policy statement on Thursday.
NZD Official Cash Rate on Wednesday. No change expected, could be a non event, but central banks are the main mover of FX markets, so I'll be watching.
USD PPI on Thursday & CPI Friday. I'm biased towards USD strength, so am looking for PA to go long. Any red numbers here could provide great PA off Pivot levels for me to go long USD.
GBP GDP on Friday, end of week release, so see what has happened during the week. A week is a long time in politics (re. Brexit)
CAD Unemployment Rate & Employment Change, again end of week so I'll see where CAD charts are.
- #990
- Aug 6, 2018 4:15am Aug 6, 2018 4:15am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
Is time to start to rethink for buying EU because price in important support zones..... 
- #991
- Aug 6, 2018 4:21am Aug 6, 2018 4:21am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
Is time to start to rethink for buying EU because price in important support zones.....
- #999
- Aug 6, 2018 6:50am Aug 6, 2018 6:50am
- Joined Mar 2015 | Status: Trader | 1,439 Posts
Is time to start to rethink for buying EU because price in important support zones.....
