Weekly Pivot trading with TDI | Page 217 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Converting Stoch Histogram, Auto Pivot and TDI into MT5 1 reply

TDI-ADX System (swing trading using TDI) 116 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Easy Does It off the TDI indicator - EDI TDI 134 replies

Attachments: Weekly Pivot trading with TDI
Exit Attachments

Weekly Pivot trading with TDI

  • #4,321
  • Oct 3, 2018 2:03pm Oct 3, 2018 2:03pm
Quoting Davit
Week ahead After Rate decision out, there is nothing pressing for USD to gain and looking ahead NFP projection is not so great.I am looking for weakness on USD up to Friday. Goes without saying market can prove me wrong but this is my draft trading plan for the week Monday GBP Manufacturing PMI if prints green G pairs may bounce and EG to break 89 heading to 88 USD ISM Manufacturing PMI projection is slight red if confirmed selling USD may start and continue on to Friday Tues RBA Rate Statement no change here -will look to buy if it drops significantly...
People are not waiting for thursday before buying AUD
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #4,322
  • Oct 3, 2018 2:12pm Oct 3, 2018 2:12pm
Quoting anstef213
{quote} Hi Davit Are you still in longs for AU?
Which kind question is this?
Do you want to base your decision on his trade? If you don't use stop loss you must know your exit plan right from the beginning. I advise to act in your own best interest. Most people can't tolerate the type of Davit DD because of the type of leverage used.
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #4,323
  • Oct 3, 2018 3:08pm Oct 3, 2018 3:08pm
Quoting Davit
{quote} That's the difference between you and I You take a loss and I make a profit from same trade. I already stated too many times how to trade this system but obviously you didn't get it
Davit- first, im glad youve taken me off your ignore list.
Second- you dont know me, so how would you know the difference between you and i? I think your being a little hasty to judge- or perhaps you think that i am someone else. Ive been along time reading on FF but only signed up and posting a couple of times since 2 weeks ago- but ive read enough to know alot more about you than you would about me...

Now back to the real topics of trading- AC is still on my radar- ive taken a modest loss on it for now- but im not worried about it in rhe slightest- patiently waiting for the next opportunity. I bought it at s78 and s100 so losses are less than 1% of my account. You started buying at s38 and kept adding from there. I know you like to show off your profitable trades- why not show us you AC position as of now? I know its not pretty but why not as a learning experience?
  • #4,324
  • Oct 3, 2018 3:36pm Oct 3, 2018 3:36pm
Quoting ejiexe
{quote} Which kind question is this? Do you want to base your decision on his trade? If you don't use stop loss you must know your exit plan right from the beginning. I advise to act in your own best interest. Most people can't tolerate the type of Davit DD because of the type of leverage used.
Maybe because the winning trades are highly publicised and celebrated while the losing trades are conveniently ignored and forgotten about? EVERYONE has losers, no shame in showing them.
  • #4,325
  • Oct 3, 2018 3:50pm Oct 3, 2018 3:50pm
Short G/A?
  • #4,326
  • Oct 3, 2018 4:16pm Oct 3, 2018 4:16pm
Quoting groper
{quote} Davit- first, im glad youve taken me off your ignore list. Second- you dont know me, so how would you know the difference between you and i? I think your being a little hasty to judge- or perhaps you think that i am someone else. Ive been along time reading on FF but only signed up and posting a couple of times since 2 weeks ago- but ive read enough to know alot more about you than you would about me... Now back to the real topics of trading- AC is still on my radar- ive taken a modest loss on it for now- but im not worried about it in rhe...
I am not sure seeing anyone's losses is a worthwhile exercise as is seeing the winners. If you have followed your entry and exit criteria then you have followed your system. Seeing what other people are doing is a bonus but no one is under any obligation to post anything - This a free forum.
  • #4,327
  • Oct 3, 2018 4:26pm Oct 3, 2018 4:26pm
Some of Davits positions he is not going to show from early week - im only pointing this out because of his audacity to say "my stupidity was diluting this thread" last week before putting me on ignore... now i know we all get things wrong from time to time - but Davit was totally rude and egotistical about it (and still is) so this is only fair. Have a look at where NC, AC and AU is now...

Quoting Davit
Hi Guys I am short on UC from 30+up nice profit I think with weak NFP this may drop 2750 Look opportunities to sell CAD against other commodity pairs like NC AC AC in particular is at historical lows 2015 same as NC however I like AUD fundamentals better..CAD may win against USD but lose to NZD and AUD Buy low sell high applies. Not saying jumped the wagon now but should be on your radar Doing the calendar I already know retail sells on AUD projection is green(Thurs) and why I like AUD this week.This is how I approach my trading.I have clear idea...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 267 KB
Click to Enlarge Name: Screenshot2.png Size: 275 KB
  • #4,328
  • Oct 3, 2018 4:26pm Oct 3, 2018 4:26pm
Quoting LenCohen
{quote} Maybe because the winning trades are highly publicised and celebrated while the losing trades are conveniently ignored and forgotten about? EVERYONE has losers, no shame in showing them.
belive me my loses will not help you at all ,same as yours will not help me . i really dont care about those and always focus on entry spots the best i can. in my account i can manage my loss but probably you cant manage it if you copy me (for example) cos i have my own personal MM and view on exit rules which is very flexible, so whats the point?
some asked me ''when you exit'' and i always say i dont know and thats the naked truth,i never know when to exit,cos i always wait market to show me exit. so... i do belive is always better to post trades taken or possibilities of trades to help other a bit train the eye ,and what you do after you shot one entry ... is your job and nobody care.
this method is not about exit but about spot the right zone and right entry. MM is another story and every trader MUST know it and apply it for his own balance.
cheer up
Take what you can, give nothing back
  • #4,329
  • Oct 3, 2018 4:44pm Oct 3, 2018 4:44pm
Quoting groper
Some of Davits positions he is not going to show from early week - im only pointing this out because of his audacity to say "my stupidity was diluting this thread" last week before putting me on ignore... now i know we all get things wrong from time to time - but Davit was totally rude and egotistical about it so this is only fair. Have a look at where NC, AC and AU is now... {quote} {image} {image}
so you think if 70-100 pips against you does scare you then this can scare everyone? i trade GBPCAD or GBPJPY and even worse GBPNZD ,when GN goes against me 100 pips means nothing LOL . MM is different for every trader,this method dont have fix rules,you apply what you think is best for you with your knowledge. i can afford 200 even 300 pips against me when i know what i want ,can you? we are all different in when we apply rules in MM.
many here think like you and thats wrong, why dont you just take the method for spot entries the best you can and work out your own MM on your OWN bucks ,and let others alone with their own trades and their OWN MM? will help you more to focus on your side account loses and profit and not on others belive me.
cheer up
Take what you can, give nothing back
  • #4,330
  • Oct 3, 2018 4:49pm Oct 3, 2018 4:49pm
For the newbies. Please don't listen to red member's analysis to make a trading decision. It is going to do you more harm than good. The rules of pivot trading is well spelt out and it is for experience trader and not amateur.
For example, a red member trader could tell you he sees no reason why dollar will go any stronger and he will not be buying it and the next thing you do is to start creating trade to fit into that bias/assertion or assumption. What if is only trading yen and other crosses and not even touching the dollar crosses at all? You will only be in a big shit at the end of the day. Even if they trade it too they still have other position to compensate for the losses here and there. Do you know you could be given signals and still loss? Why? you have to take all signals for you to profit in the long run. So if you listen to their assumptions and take a position not knowing which other trades they took you will get slaughter in the long run. Pivot trading is for experience trader and not for amateur be careful.
Pivot trading is a counter trend trading and you must see the PA for you to take a trade at 61-100. Yes it is super in a ranging market but when a train is at top gear you will get slaughter. My 2 cent
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #4,331
  • Oct 3, 2018 4:50pm Oct 3, 2018 4:50pm
Quoting Husky77
{quote} so you think if 70-100 pips against you does scare you then this can scare everyone? i trade GBPCAD or GBPJPY and even worse GBPNZD ,when GN goes against me 100 pips means nothing LOL . MM is different for every trader,this method dont have fix rules,you apply what you think is best for you with your knowledge. i can afford 200 even 300 pips against me when i know what i want ,can you? we are all different in when we apply rules in MM. many here think like you and thats wrong, why dont you just take the method for spot entries the best you...
Thats exactly what i do.
Im just pissed off at how davit speaks to me- go back and read the things he has said to me without any provocation whatsoever... his arrogance is of a magnitude ive never seen before.
  • #4,332
  • Oct 3, 2018 5:00pm Oct 3, 2018 5:00pm
Quoting groper
{quote} Thats exactly what i do. Im just pissed off at how davit speaks to me- go back and read the things he has said to me without any provocation whatsoever... his arrogance is of a magnitude ive never seen before.
step back, relax and learn to not take it personal ,Davit is great guy for me.
sometime is better not post trades here belive me, look at me i post mostly AFTER long time i took the trades ,and that cos i dont want someone copy me and things then goes wrong (for them), people are WEAK animals they always will try to find someone else fault instead to look in their own mirror and actions and decisions.
cheer up
Take what you can, give nothing back
  • #4,333
  • Oct 3, 2018 5:07pm Oct 3, 2018 5:07pm
Quoting groper
Some of Davits positions he is not going to show from early week - im only pointing this out because of his audacity to say "my stupidity was diluting this thread" last week before putting me on ignore... now i know we all get things wrong from time to time - but Davit was totally rude and egotistical about it (and still is) so this is only fair. Have a look at where NC, AC and AU is now... {quote} {image} {image}
He can still get out of those trades in profit. He can leave trades to run for days so long the DD is still within his plan and add to it the following week after a new pivot is formed. He could just get out those early trades at breakeven and make money on new entries depending on the dynamics of the market. He uses batches of trades
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #4,334
  • Oct 3, 2018 5:15pm Oct 3, 2018 5:15pm
Quoting Husky77
{quote} step back, relax and learn to not take it personal ,Davit is great guy for me. sometime is better not post trades here belive me, look at me i post mostly AFTER long time i took the trades ,and that cos i dont want someone copy me and things then goes wrong (for them), people are WEAK animals they always will try to find someone else fault instead to look in their own mirror and actions and decisions. cheer up
I agree with you 100% and you sir, seem like a fair and reasonable person. But how does one not take it personal when his bigotry is aimed directly at me?
What davit needs to do is to take a step back from calling people stupid (whilst they were taking profitable trades) and accept that were all here for the same reason- to make money and get better at making money.
PS- ive had a good run on the usd chf pair recently. Carry traders keep pushing it higher
  • #4,335
  • Oct 3, 2018 5:23pm Oct 3, 2018 5:23pm
Quoting groper
{quote} I agree with you 100% and you sir, seem like a fair and reasonable person. But how does one not take it personal when his bigotry is aimed directly at me? What davit needs to do is to take a step back from calling people stupid (whilst they were taking profitable trades) and accept that were all here for the same reason- to make money and get better at making money. PS- ive had a good run on the usd chf pair recently. Carry traders keep pushing it higher
You need to reign in your ego. Any one with such sensitive feelings won't last long in Forex. A balanced attitude and approach is needed. So what if this one said this and that one said that. It is of no consequence in the scheme of your own trading.
Just saying
  • #4,336
  • Oct 3, 2018 5:28pm Oct 3, 2018 5:28pm
Quoting ejiexe
{quote} He can still get out of those trades in profit. He can leave trades to run for days so long the DD is still within his plan and add to it the following week after a new pivot is formed. He could just get out those early trades at breakeven and make money on new entries depending on the dynamics of the market. He uses batches of trades
I know this is possible... however i manage it differently.
I closed out half my longs for a modest loss yesterday as the original reason for entry was no longer valid. I was anticipating a poor reaction to NAFTA as in good for the US and not so good for canada. I still hold the other half in DD - i will go long again when i see clear price action to justify it. I dont think you could possibly find a more over sold/bought pair than NC and AC right now- but there is scope for it to run down another 100pips or even possibly more now that its in new unbroken territory since more than 3 years...
  • #4,337
  • Oct 3, 2018 5:41pm Oct 3, 2018 5:41pm
Quoting ejiexe
{quote} Which kind question is this? Do you want to base your decision on his trade? If you don't use stop loss you must know your exit plan right from the beginning. I advise to act in your own best interest. Most people can't tolerate the type of Davit DD because of the type of leverage used.
No I am just asking. I have my own MM and I am not in on this trade.
  • #4,338
  • Oct 3, 2018 5:45pm Oct 3, 2018 5:45pm
Quoting Davit
don't be afraid of spikes just about every swing ends with a spike.Push hit stops create liquidity then go opposite.That's how MM operate. EJ may provide reloading {image}
Never more truer words Davit as in your post 4,311 You have a good eye, thanks for your tip on swings that could end with a spike then go opposite. On the other hand I learn something on the trades that others post that didn't work out so well for them, possibly because of bad entries, and failure to admit one is wrong. This thread is all about learning, the right from wrong.
You NEVER will be the person you could be, without pressure & discipline
  • #4,339
  • Oct 3, 2018 6:16pm Oct 3, 2018 6:16pm
Quoting ejiexe
For the newbies. Please don't listen to red member's analysis to make a trading decision. It is going to do you more harm than good. The rules of pivot trading is well spelt out and it is for experience trader and not amateur. For example, a red member trader could tell you he sees no reason why dollar will go any stronger and ..............

Pivot trading is a counter trend trading and you must see the PA for you to take a trade at 61-100. Yes it is super in a ranging market but when a train is at top gear you will get slaughter.............
Great post, good advice, actually I'm bullish USD and use a DEMO as a barometer to confirm, see the picture you don't have to listen to any red member

Totally agree with the counter trending statement, which is why I find it hard to come to grips with Pivot trading; I read here to gauge sentiment of pairs, while most of my trades are opposite, eg. I sold AUDCAD yesterday from 0.91899 to 0.91498

Therefore, I hardly post here, I know if I was trading Pivots, I would not BUY or SELL blindly at the 618, 786 or even 100, I need to see some price action reversal. Isn't that what the TDI was supposed to give you; some need to use that as training wheels by the look of things, or pay more attention to the fundamentals eg. OIL / CAD

FOMO makes you buy / sell too soon, trying to get every pip, anyway, that's how I see it, keep up the great work, good luck all

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-10-04_8-59-39.png Size: 39 KB
It takes a lot for me to IGNORE you, but you can try.
  • #4,340
  • Edited 7:32pm Oct 3, 2018 7:18pm | Edited 7:32pm
Quoting groper
{quote} I agree with you 100% and you sir, seem like a fair and reasonable person. But how does one not take it personal when his bigotry is aimed directly at me? What davit needs to do is to take a step back from calling people stupid (whilst they were taking profitable trades) and accept that were all here for the same reason- to make money and get better at making money. PS- ive had a good run on the usd chf pair recently. Carry traders keep pushing it higher
Wow!

You seem like a reasonable person and one who would listen well. But you come here and use the method that someone freely invested time and money so that you can learn, prosper and be well...and all you have done is whine, insult and demand of this person. It was really nice having you here but I truly believe you won't be around for long. Feel free to blame, accuse and insult.
Nothing like some DD and loses to bring out the true self.

More money will only make you more of who you are now. - Mundo
Invest in Life
1 trader viewing now