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Weekly Pivot trading with TDI

  • #1,001
  • Aug 6, 2018 7:42am Aug 6, 2018 7:42am
I'm ready for the EURUSD too
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  • #1,002
  • Aug 6, 2018 7:44am Aug 6, 2018 7:44am
Waiting on these 2
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  • #1,003
  • Aug 6, 2018 7:50am Aug 6, 2018 7:50am
Quoting Erebus
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...
Davit's system works well because it is based on logic. That is the key, the pivots are based on logic, the entry is based on logic, the MM is based on logic, and the exits are based on logic and they are combined together. This is what gives you the edge in my opinion.

Missed pivots has no logic. Some times it works some times it doesn't. There really is no consistency to it unless you can find some logic behind it and combine it with other logic. I do not think missed pivots has any logic at all to be honest and without logic the system will collapse. Example here:

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  • #1,004
  • Aug 6, 2018 7:50am Aug 6, 2018 7:50am
AN on watchlist

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"In the end you only trade yourself."
  • #1,005
  • Aug 6, 2018 7:54am Aug 6, 2018 7:54am
Quoting kirinda
I'm ready for the EURUSD too {image}
Eur/usd will play a little beat up and down but eur/cad is in very best place to go long there is enought UP momentum (if you MUST have to BUY)
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  • #1,006
  • Aug 6, 2018 7:58am Aug 6, 2018 7:58am
Quoting mizi123
{quote} Eur/usd will play a little beat up and down but eur/cad is in very best place to go long there is enought UP momentum (if you MUST have to BUY) {image}
These is very important allso here on these level were price is
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  • #1,007
  • Aug 6, 2018 8:03am Aug 6, 2018 8:03am
Quoting mizi123
{quote} Eur/usd will play a little beat up and down but eur/cad is in very best place to go long there is enought UP momentum (if you MUST have to BUY) {image}
Hi Mizi
You keep pushing your Divergence agenda here I already told you its not a factor on my system.Either post with concepts what this thread is about or start your thread with Pivots+Divergence.
Smart traders ignore divs food for thought.You can't built trading system or signal trigger factor on oscillator alone.Divergence is Oscillator lag catching up with price.
Watch Mark Douglas to understand who moves price.
regards
In trading, you have to be defensive and aggressive at the same time
  • #1,008
  • Aug 6, 2018 8:11am Aug 6, 2018 8:11am
Quoting sharingan9
{quote} Davit's system works well because it is based on logic. That is the key, the pivots are based on logic, the entry is based on logic, the MM is based on logic, and the exits are based on logic and they are combined together. This is what gives you the edge in my opinion. Missed pivots has no logic. Some times it works some times it doesn't. There really is no consistency to it unless you can find some logic behind it and combine it with other logic. I do not think missed pivots has any logic at all to be honest and without logic the system...
I am impressed with your post.You are emerging on this thread as one of the few who understands what I do.There is a reason why I keep my pivots horizontal...
In trading, you have to be defensive and aggressive at the same time
  • #1,009
  • Aug 6, 2018 8:15am Aug 6, 2018 8:15am
Quoting Davit
{quote} Hi Mizi You keep pushing your Divergence agenda here I already told you its not a factor on my system.Either post with concepts what this thread is about or start your thread with Pivots+Divergence. Smart traders ignore divs food for thought.You can't built trading system or signal trigger factor on oscillator alone.Divergence is Oscillator lag catching up with price. Watch Mark Douglas to understand who moves price. regards
I read your thred post by post i don't know in wich stage you have decide to abort divergence use but these is your post on thred i gues With huge respect for you bro!
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  • #1,010
  • Aug 6, 2018 8:17am Aug 6, 2018 8:17am
What I don't want people having this kind of trading habits.Totally inconsistent with professional trading
Div he drew was over 130 pips before price started to move up.He "set it and forgot about it"
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In trading, you have to be defensive and aggressive at the same time
  • #1,011
  • Edited 8:32am Aug 6, 2018 8:22am | Edited 8:32am
Quoting mizi123
{quote} I read your thred post by post i don't know in wich stage you have decide to abort divergence use but these is your post on thred i gues With huge respect for you bro! {image}
I agree I was wrong even pointing that out.Honestly never has been part of my decision making process.I just want to make clear Divergence has never been part of my trading factors.Never has been trigger factor on my trading. As people get better at trading we should start shedding off indicators. I can easily trade now without TDI I only need the pivots and Japanese candles.
regards

Pairs to pay attention.Nice pairs outside the noise of brexit crap
AJ NJ AC NC
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In trading, you have to be defensive and aggressive at the same time
  • #1,012
  • Aug 6, 2018 8:27am Aug 6, 2018 8:27am
Hi traders, I have set pending buy order above S38 price 1.15600 for EU to long, more confirmation.

Hope you guys have the same price to go long.

Happy trading!!

Ron.
  • #1,013
  • Aug 6, 2018 8:30am Aug 6, 2018 8:30am
Quoting Davit
{quote} I agree I was wrong even pointing that out.Honestly never has been part of my decision making process.I just want to make clear Divergence has never been part of my trading factors.Never has been trigger factor on my trading. regards
Now all we (i think) agree that when you have more free time, is time to make pdf and to point out there what works what not because during the journey there is to much crap inside and that will be the END of new clear begaining, not because you owe to all of us something but that will show in front of all FF that you deserve to be in star tale on these dirty industry, stay blesed!
  • #1,014
  • Aug 6, 2018 8:37am Aug 6, 2018 8:37am
made shit load of money this month going long on AJ over and over. 82 is a strong support area.
Something to be aware
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In trading, you have to be defensive and aggressive at the same time
  • #1,015
  • Aug 6, 2018 8:37am Aug 6, 2018 8:37am
Hey all I’ll be away this week on holiday so it’s going to be quite quiet in regards to post from me wish you all the best this week guys
  • #1,016
  • Aug 6, 2018 8:52am Aug 6, 2018 8:52am
The construction of the RSI, base of the TDI, is that it is on a logarithmic scale. Think Richter scale. The power difference between 5 and 6 is 100 fold. The RSI measures the gain or loss of the last 14 bars. The point is that the higher or lower the indicator goes, the harder it is for it to maintain or surpass the previous reading. Most turns, minor or major, slow down and then turn. Hayden makes the point in his book that divergence is actually just the opposite of what is taught. Divergence is a sign of the direction of the flow. You get divergences with the flow and the last one is where the major pivot occurs. So the question is, if using the RSI/TDI, which divergence is the turn.

This is why I posted the PDF on page 39. Traders need to understand their tools.

Surprising to me is that I rarely see anyone discussing swing structure or price action in this thread. Mr. Davit is a swing and price action trader.
  • #1,017
  • Aug 6, 2018 8:56am Aug 6, 2018 8:56am
Quoting Davit
made shit load of money this month going long on AJ over and over. 82 is a strong support area. Something to be aware {image}
thanks for sharing
  • #1,018
  • Aug 6, 2018 9:01am Aug 6, 2018 9:01am
Quoting Neil0163
Hey all I’ll be away this week on holiday so it’s going to be quite quiet in regards to post from me wish you all the best this week guys
Enjoy bro. spend those pips
  • #1,019
  • Aug 6, 2018 9:23am Aug 6, 2018 9:23am
thanks for your great system davitz
PATIENCE AND DISCIPLINE!
  • #1,020
  • Aug 6, 2018 9:50am Aug 6, 2018 9:50am
Quoting RonFXLive
Hi traders, I have set pending buy order above S38 price 1.15600 for EU to long, more confirmation. Hope you guys have the same price to go long. Happy trading!! Ron.
I was waiting for 1.1565 to get beat first before giving the E/U a wack. Hope it works out for you.
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