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Weekly Pivot trading with TDI

  • #1,901
  • Edited 4:34am Aug 20, 2018 4:13am | Edited 4:34am
Hi traders,

USD pairs!!

For those who are long AU, EU and GU. Beware of the resistance area.

So that you can plan your trades for exit.

Just to take pre-caution.

AU - resistance at 0.73300 - 0.73600. Might bounce.
EU - resistance at 1.15000 - 1.15300. Might bounce.
GU - resistance at 1.28000 - 1.28300. Might bounce.

DXY ( Dollar Index ) support at 95.000. Might bounce.

Good luck!!!
  • #1,902
  • Aug 20, 2018 4:41am Aug 20, 2018 4:41am
Update on the EURAUD.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15_a.png Size: 98 KB
Don't Buy after a Rally, Don't Sell after a Drop
  • #1,903
  • Aug 20, 2018 4:47am Aug 20, 2018 4:47am
Quoting Wallaa
Update on the EURAUD. {image}

You’re doing well mate.

Keep it up.
  • #1,904
  • Aug 20, 2018 5:30am Aug 20, 2018 5:30am
Good effort guys doing well just proves this system works. Dxy should be pulling back to broken resistance turned support. I have a few swing trades open from last week on GA EA short, why do I say this when people are buying EA. Just keep a eye on higher timeframe analysis if you look at the weekly chart on EA this move upwards is simply a pull back to broken support which should now turn resistance we all trade davits system the same but how we incorporate it to our strategy may be different for me I use it too take entry into trades once I start seeing rejection in the R zone on EA I’ll look to add more to my short positions. This is what can give different views the system and the rules remain the same for each trader it’s traded the exact same way what makes the difference is how the trader incorporates it into there own strategy (which again will go off topic and make a new system so we shall not talk about that here as this thread is is purely about WP with TDI)
  • #1,905
  • Aug 20, 2018 5:37am Aug 20, 2018 5:37am
Quoting Wallaa
Update on the EURAUD. {image}
Hi, when do your broker take a weekly close? I ask because your levels are more than 10 pips away from mine.
Mine are less than 10 pips from the levels calculated on these sites:
https://www.investing.com/technical/...ints-fibonacci
https://www.actionforex.com/markets/...-pivot-points/

Regards
Paal
  • #1,906
  • Aug 20, 2018 5:46am Aug 20, 2018 5:46am
Quoting Wallaa
Update on the EURAUD. {image}
Well done
  • #1,907
  • Aug 20, 2018 5:53am Aug 20, 2018 5:53am
Quoting kirinda
{quote} Hi, when do your broker take a weekly close? I ask because your levels are more than 10 pips away from mine. Mine are less than 10 pips from the levels calculated on these sites: https://www.investing.com/technical/...ints-fibonacci https://www.actionforex.com/markets/...-pivot-points/ Regards Paal
Agree, mein don´t coincide either, and are closer to the ones in the urls you provided too...
  • #1,908
  • Aug 20, 2018 5:58am Aug 20, 2018 5:58am
Actually almost the same as the ones in this one you posted:
https://www.investing.com/technical/...ints-fibonacci
  • #1,909
  • Aug 20, 2018 6:18am Aug 20, 2018 6:18am
Quoting cuchuflito
Actually almost the same as the ones in this one you posted: https://www.investing.com/technical/...ints-fibonacci
I use the Pivot_Voty-2 Alert indicator for the pivot points. This version find the correct weekly close automatically. I see that for the original Davit pivot point indicator the user have to set close time them self.

Below is my chart for EA. The price turn at S38 (therefore I didn't take the trade) while it for Wallaa above it turn at S61.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 50 KB
  • #1,910
  • Aug 20, 2018 6:24am Aug 20, 2018 6:24am
Quoting kirinda
{quote} Hi, when do your broker take a weekly close? I ask because your levels are more than 10 pips away from mine. Mine are less than 10 pips from the levels calculated on these sites: https://www.investing.com/technical/...ints-fibonacci https://www.actionforex.com/markets/...-pivot-points/ Regards Paal

I use 2 pivot indicators, Pivot_Voty-2 ALERT and Davits Pivot V3.2 Auto. Try that and see how your chart will look like.
Don't Buy after a Rally, Don't Sell after a Drop
  • #1,911
  • Aug 20, 2018 6:29am Aug 20, 2018 6:29am
Quoting kirinda
{quote} I use the Pivot_Voty-2 Alert indicator for the pivot points. This version find the correct weekly close automatically. I see that for the original Davit pivot point indicator the user have to set close time them self. Below is my chart for EA. The price turn at S38 (therefore I didn't take the trade) while it for Wallaa above it turn at S61. {image}
Same here. EA turned from S38. I use voty_pivot but with Davit pivot 3.2 auto turned from S38 too.
  • #1,912
  • Aug 20, 2018 6:29am Aug 20, 2018 6:29am
Quoting kirinda
{quote} I use the Pivot_Voty-2 Alert indicator for the pivot points. This version find the correct weekly close automatically. I see that for the original Davit pivot point indicator the user have to set close time them self. Below is my chart for EA. The price turn at S38 (therefore I didn't take the trade) while it for Wallaa above it turn at S61. {image}

Exactly, my chart looks just like yours, using an "auto W close"...and I didn´t take the trade neither...although, being between s38 and s68, it was a valid, though risky bet...and it is flying.
Took the EURUSD WP rejection...also going fine...
  • #1,913
  • Aug 20, 2018 6:35am Aug 20, 2018 6:35am
Quoting Wallaa
{quote} I use 2 pivot indicators, Pivot_Voty-2 ALERT and Davits Pivot V3.2 Auto. Try that and see how your chart will look like.
Both Pivot_Voty-2 ALERT and Davits Pivot V3.2 Auto painting the pivot points on exact same place. Figure by Davits Pivot V3.2 Auto(Figure for Pivot_Voty-2 ALERT is in my last post above):

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15Davit.png Size: 50 KB
  • #1,914
  • Aug 20, 2018 6:46am Aug 20, 2018 6:46am
Quoting kirinda
{quote} Both Pivot_Voty-2 ALERT and Davits Pivot V3.2 Auto painting the pivot points on exact same place. Figure by Davits Pivot V3.2 Auto(Figure for Pivot_Voty-2 ALERT is in my last post above): {image}
I can add that I use a NY close broker.
  • #1,915
  • Aug 20, 2018 6:54am Aug 20, 2018 6:54am
Quoting kirinda
{quote} I can add that I use a NY close broker.

This is how my charts looked like with the 2 Pivot indicators

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15_ALL PIVOTS.png Size: 102 KB
Don't Buy after a Rally, Don't Sell after a Drop
  • #1,916
  • Aug 20, 2018 7:04am Aug 20, 2018 7:04am
Quoting Wallaa
{quote} This is how my charts looked like with the 2 Pivot indicators {image}
For me the levels are the same for these to versions. Your Pivot_Voty-2 ALERT pivot point WS38 is only 6 pips away from mine. That is okay. Maybe your configuration for Davits Pivot V3.2 Auto is not the same as mine?
  • #1,917
  • Aug 20, 2018 7:12am Aug 20, 2018 7:12am
Quoting Wallaa
{quote} This is how my charts looked like with the 2 Pivot indicators {image}
Here is my config of Davit pivot:

Attached Image (click to enlarge)
Click to Enlarge Name: DavitPivotAutoConfig.png Size: 45 KB


Attached Image (click to enlarge)
Click to Enlarge Name: DavitPivotAutoConfig2.png Size: 42 KB
  • #1,918
  • Aug 20, 2018 8:22am Aug 20, 2018 8:22am
Quoting mistakesr
{quote} Most of the western world has a thing called freedom of speech so Davit and anyone else have the right to express their thoughts any time they like. I respect the fact that you are from Turkey and stand by your country but from the outside looking in Erdogan is an Islamist, his son was selling oil for ISIS so what do you expect many in the west to think? Personally I think your President is a very dangerous person, he wants the caliphate back which is never going to happen but he may well cause all sorts of problems trying.
Muslims don't have a black history like in Europe with the Church. So I understand the fear westerners have but we have a totally other experience. Muslims countries golden ages was 1000 years under Islam. Even Europe's enlightment and alot of science, like even algorithm we use are Islamic heritage. So we on the contrary have good rememberance of Islamic rule, also Europe.. check out the Islamic Emirate in Iberian peninsula (Andalus).
  • #1,919
  • Aug 20, 2018 9:20am Aug 20, 2018 9:20am
Hello traders,

Did anyone enter long EU, GU, EA and EN at the S-pivot zone today?

Nice call if anyone did enter these trades.

Good luck!!
Attached Image (click to enlarge)
Click to Enlarge Name: 01518F3D-B72D-43BA-85E1-94ABCBE6D257.png Size: 554 KB
  • #1,920
  • Aug 20, 2018 9:46am Aug 20, 2018 9:46am
Quoting RonFXLive
Hello traders, Did anyone enter long EU, GU, EA and EN at the S-pivot zone today? Nice call if anyone did enter these trades. Good luck!! {image}
wow congrat buddy, I entered long EU GU AU too
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