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Weekly Pivot trading with TDI

  • #2,781
  • Sep 4, 2018 8:13pm Sep 4, 2018 8:13pm
Quoting Neil0163
{quote} Check your pivots against this website https://www.actionforex.com/markets/...-pivot-points/ make sure fib points is selected and that it’s set to weekly if your pivots are slightly out by a few pips that’s fine if there massively out then adjust time till they line up. Not sure why you’d take a live trade whilst your not sure if your pivots are correctly lined up. Dont jump into trades theres there’s plenty of opportunities every single day
thanks for getting back,

my settings are correct. here is another view of my EU trade, any feedback is appreciated.
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P.S: I see davit talking alot about PA and says youtube is a good resource to learn PA. does anyone know a good PA resource davit suggested?
  • #2,782
  • Edited 8:50pm Sep 4, 2018 8:18pm | Edited 8:50pm
It’s just a beginning, ill keep adding the position
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KRD
  • #2,783
  • Sep 4, 2018 8:21pm Sep 4, 2018 8:21pm
Quoting Rocky007
It’s just a beginning, ill keep adding the position {image} {image}
Same plan with you.
  • #2,784
  • Edited 10:48pm Sep 4, 2018 9:01pm | Edited 10:48pm
Quoting mabooz
{quote} thanks for getting back, my settings are correct. here is another view of my EU trade, any feedback is appreciated. {image} P.S: I see davit talking alot about PA and says youtube is a good resource to learn PA. does anyone know a good PA resource davit suggested?
there are a few in Davit's thread, have a look at the clipboard
I will get my head around this, but always can be wrong
  • #2,785
  • Sep 4, 2018 9:38pm Sep 4, 2018 9:38pm
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  • #2,786
  • Sep 4, 2018 10:33pm Sep 4, 2018 10:33pm
It would be good if everyone stayed with the indicators and template provided by Davit.....no need for all the other stuff, nor is there need to trade the really volatile crosses because when a trader concentrates on one or two base currencies his knowledge and skill increases exponentially. Anyway it is not up to me to judge, just making a comment from someone who has been in business for many years and seen a lot of things and "simple really is better". A friend of mine only trades cable and he knows everything about the pound/dollar and the currencies associated...and he makes a very good living doing so....so if you take Davit's advise, knowing the fundamentals (and news) about a currency before ever considering taking a position you are half way to profit.

Take cable for example....last week we had many chances to get short not only technically (see Davits charts from Friday last week, but also fundamentally....Brexit is a mess, no direction, nothing from politics, no news of much value and volatility out of U S like never before. But there is a chance for some rally after the long weekend so profits taken on a few of the trades...with several runners holding for more downward....anyway, just thought I might express myself for what it is worth...lol

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  • #2,787
  • Sep 4, 2018 10:48pm Sep 4, 2018 10:48pm
Quoting evilglory
{quote} another sg-er, Hi!!
Hehe. I am from Singapore too. =)
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #2,788
  • Sep 4, 2018 10:48pm Sep 4, 2018 10:48pm
Quoting RonFXLive
{quote} Sure. I will be meeting up with a few probably next weekend.
Count me in!
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #2,789
  • Sep 4, 2018 11:35pm Sep 4, 2018 11:35pm
Quoting mabooz
{quote} thanks for getting back, my settings are correct. here is another view of my EU trade, any feedback is appreciated. {image} P.S: I see davit talking alot about PA and says youtube is a good resource to learn PA. does anyone know a good PA resource davit suggested?
There is an good and active thread here on FF by strat that contain all you need about price action:

https://www.forexfactory.com/showthread.php?t=708441

Compiled pdf from that thread:

https://www.forexfactory.com/attachm...5&d=1508787125

Regards

Paal
  • #2,790
  • Sep 4, 2018 11:57pm Sep 4, 2018 11:57pm
A nice shooting star is forming on AUDNZD 4H:

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Paal
  • #2,791
  • Sep 5, 2018 12:16am Sep 5, 2018 12:16am
totally in the zone with harmonics to boot
I'm in
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I will get my head around this, but always can be wrong
  • #2,792
  • Sep 5, 2018 12:17am Sep 5, 2018 12:17am
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Don't Buy after a Rally, Don't Sell after a Drop
  • #2,793
  • Sep 5, 2018 12:58am Sep 5, 2018 12:58am
Quoting Swede
It would be good if everyone stayed with the indicators and template provided by Davit.....no need for all the other stuff, nor is there need to trade the really volatile crosses because when a trader concentrates on one or two base currencies his knowledge and skill increases exponentially. Anyway it is not up to me to judge, just making a comment from someone who has been in business for many years and seen a lot of things and "simple really is better". A friend of mine only trades cable and he knows everything about the pound/dollar and the currencies...
yeah , totally agree with this. When i began as a new trader i was trading all 28 pairs, but been trimming them over time and now only left with 6 pairs and most of my trades are on cable as well....i've decided to study it inside out over the last few months and am getting to grips with it.....all these pairs are really driven by fundamentals, once you get a grip on that and master your price action, you're good to go
  • #2,794
  • Sep 5, 2018 1:29am Sep 5, 2018 1:29am
everyone using the same template gives everyone an really good idea of how and why
I will get my head around this, but always can be wrong
  • #2,795
  • Sep 5, 2018 3:58am Sep 5, 2018 3:58am
anyone watching USDCAD...?
  • #2,796
  • Sep 5, 2018 4:01am Sep 5, 2018 4:01am
Quoting General Lee
anyone watching USDCAD...?
Yes - But Rate statement later today.
  • #2,797
  • Sep 5, 2018 4:01am Sep 5, 2018 4:01am
Quoting General Lee
anyone watching USDCAD...?
I Am.
Also watching NU EU
1 see confirmation till the end 2. set SL and never cancel it
  • #2,798
  • Sep 5, 2018 4:02am Sep 5, 2018 4:02am
Quoting General Lee
anyone watching USDCAD...?
yes i watching to see if it will bounce down from this resistance zone that it has entered .
  • #2,799
  • Sep 5, 2018 4:02am Sep 5, 2018 4:02am
Quoting skippyone
{quote} Yes - But Rate statement later today.
yes, maybe better waiting after big news from cad..
  • #2,800
  • Edited 4:36am Sep 5, 2018 4:07am | Edited 4:36am
Quoting General Lee
anyone watching USDCAD...?
Yes and news later today too as you mentioned. So far, its bounced off the H4 R100 once and possibly a second time
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