What do you say experts {image}
Truth is like poetry. And most people f*cking hate poetry.
Simple Daily Trend Reversal Trading System
- #4,281
- Aug 15, 2018 12:02pm Aug 15, 2018 12:02pm
- Joined May 2017 | Status: Trader | 3,881 Posts
- #4,282
- Aug 15, 2018 12:03pm Aug 15, 2018 12:03pm
- Joined May 2017 | Status: Trader | 3,881 Posts
New signals on GU and AJ. 
Truth is like poetry. And most people f*cking hate poetry.
- #4,286
- Aug 15, 2018 1:55pm Aug 15, 2018 1:55pm
- Joined May 2017 | Status: Trader | 3,881 Posts
{quote} @mrdfx I know there is different ways of setting your TP and SL, what do you use personally ?
{quote} YES I AM ALSO LOOKING FOR ADVISES with REGARDS TO TP & SL
I can't believe that it is so hard to do?
PS. I made it in bold and added a few options which you can take as extra suggestions. Like I said on first post, TP and SL is a personal choice, and every person manages their trades differently.
Truth is like poetry. And most people f*cking hate poetry.
- #4,290
- Aug 16, 2018 6:37am Aug 16, 2018 6:37am
- | Membership Revoked | Joined Dec 2016 | 1,824 Posts
da n0o0b + $hit_Disturber 
- #4,291
- Edited 7:11am Aug 16, 2018 6:54am | Edited 7:11am
- | Membership Revoked | Joined Dec 2016 | 1,824 Posts
da n0o0b + $hit_Disturber
Thank you for the method,
I have a question regarding hitting pivot level zone to be a valid entry,
is there any rules on which direction this pivot level hit happen?
the following pictures shows that Red candle hit the Pivot Level ( WS 61), and Green arrow appears as a signal for reversal ( Buy Signal).
now can we count this pivot level hit as one of the rules?
or the Pivot level hit has to happen on the reversal, ( the direction we want to enter), in this case, should we wait the green candle hit upper pivot level?
right now the green arrow appeared,
Jrsx is in up direction and green
the price is closing above MA,
so if we count this pivot level has happen, perhaps next green candle I can enter the Buy trade.
thanks for your help
I have a question regarding hitting pivot level zone to be a valid entry,
is there any rules on which direction this pivot level hit happen?
the following pictures shows that Red candle hit the Pivot Level ( WS 61), and Green arrow appears as a signal for reversal ( Buy Signal).
now can we count this pivot level hit as one of the rules?
or the Pivot level hit has to happen on the reversal, ( the direction we want to enter), in this case, should we wait the green candle hit upper pivot level?
right now the green arrow appeared,
Jrsx is in up direction and green
the price is closing above MA,
so if we count this pivot level has happen, perhaps next green candle I can enter the Buy trade.
thanks for your help
- #4,293
- Aug 16, 2018 10:19am Aug 16, 2018 10:19am
- | Membership Revoked | Joined Dec 2016 | 1,824 Posts
da n0o0b + $hit_Disturber
- #4,295
- Aug 17, 2018 9:13am Aug 17, 2018 9:13am
- Joined May 2017 | Status: Trader | 3,881 Posts
Thank you for the method, I have a question regarding hitting pivot level zone to be a valid entry, is there any rules on which direction this pivot level hit happen? the following pictures shows that Red candle hit the Pivot Level ( WS 61), and Green arrow appears as a signal for reversal ( Buy Signal). now can we count this pivot level hit as one of the rules? or the Pivot level hit has to happen on the reversal, ( the direction we want to enter), in this case, should we wait the green candle hit upper pivot level? right now the green arrow appeared,...
How we regard hitting the pivot zone for BUY price will hit S61, 78, 100, and for SELL, R61, 78, 100.
The pivot zone is the area close to the pivot line. Price will not always hit the pivot line exactly, and most times it will come within 10-20 pips of the pivot line, this we call the "zone".
Truth is like poetry. And most people f*cking hate poetry.
- #4,296
- Aug 17, 2018 9:19am Aug 17, 2018 9:19am
- Joined May 2017 | Status: Trader | 3,881 Posts
metals is NOT recommended by Davit = just these pair AUDCAD, AUDNZD, AUDUSD, EURAUD, EURUSD, GBPUSD, NZDUSD, USDCADs Since Davit's syst. ist just a Very lil part of mrdfx syst. , i'll use it on metals + indices ect2 {image}
There is some other minor similarity where in my strategy I'm using a stochastic base indicator, and he is using TDI, an RSI base indicator, but other than that it is different.
As for which pairs, this works on pretty much any pair, and even metals. I remember a few months back there is a member here who only traded the strategy on gold.
Davit has his preferred pairs for his system and that's fine, as we all have our preferences. I never trade CHF pairs, and I also usually stay away from NZD pairs, unless I see a good opportunity on NZD, but that's my preference.
Truth is like poetry. And most people f*cking hate poetry.
- #4,297
- Aug 17, 2018 10:07am Aug 17, 2018 10:07am
- Joined May 2017 | Status: Trader | 3,881 Posts
New signals on GU and AJ.
I closed as I saw the initial move up, but then they started ranging as they reach a minor resistance so I closed and took my profit.
Truth is like poetry. And most people f*cking hate poetry.
New signals on GU and AJ.
