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Weekly Pivot trading with TDI

  • #4,361
  • Oct 4, 2018 3:37am Oct 4, 2018 3:37am
Some nice profits on EN - one position still open.
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  • #4,362
  • Oct 4, 2018 3:44am Oct 4, 2018 3:44am
Quoting syedtaimur
EU and NU looks good to me, will load some buy orders in next hour
NU??

Price is far under S100 and still falling!
Acc. to the pivot rules i don´t touch this pair
  • #4,363
  • Oct 4, 2018 3:48am Oct 4, 2018 3:48am
Good setup on GC for long now - H4 timeframe.
  • #4,364
  • Oct 4, 2018 4:00am Oct 4, 2018 4:00am
Hello guys,

How’s everyone trading?

Indeed all pairs smack through to extreme levels. Just to be more careful when is below or above WP. Anything below or above look out for Support and Resistance before trends resume to the downside or upside.

Hope you guys are doing well with this crazy market.

Happy pips to all..
  • #4,365
  • Oct 4, 2018 4:08am Oct 4, 2018 4:08am
My friendly advice to all traders is to placed hard stops at your own reasonable support or resistance and when trend go against you yes no doubt you will get stop out but think about it when price comes back to your previous price you can always re-enter again and when price goes to your directions that’s when you can load more positions according to your risk.

Look at what happen this week when market starts to go against you. This is FOREX not STOCKS market.

ANYTHING CAN HAPPEN IN JUST A MOMENT.

That should be the way to trade.

Cheers.
  • #4,366
  • Oct 4, 2018 4:17am Oct 4, 2018 4:17am
Quoting RonFXLive
Hope you guys are doing well with this crazy market. ..
hi , RON
while you (& me also) see market (in these days) as crazy market , some people see it as a very smooth trending market

also , the summer months (with low volatility) has ended , and we may see more trends in the coming weeks

whats your opinion ?
  • #4,367
  • Oct 4, 2018 4:17am Oct 4, 2018 4:17am
Hi guys,

Learn to trade with Support & Resistance and draw trendlines with weekly pivots zones. Know where is the major and bounce spot for support and resistance. Step by step for price level to go to the next level.. I know it’s not easy especially market changes every single day. But that should be the way to trade. Think about it now never too late to learn or practice.

Good luck to all..
  • #4,368
  • Oct 4, 2018 4:27am Oct 4, 2018 4:27am
UJ is at weekly resistance
& it started to bounce down on lower timeframes
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  • #4,369
  • Oct 4, 2018 4:33am Oct 4, 2018 4:33am
Quoting ricki72
{quote} NU?? Price is far under S100 and still falling! Acc. to the pivot rules i don´t touch this pair
price is stopping to free fall maybe, buy low sell high with MM, i dont care how much will it go down more, and this is support area in bigger tf
and
i havnt buy NU yet am waiting for good price action
  • #4,370
  • Oct 4, 2018 4:35am Oct 4, 2018 4:35am
Quoting Sajidhelp
{quote} hi , RON while you (& me also) see market (in these days) as crazy market , some people see it as a very smooth trending market also , the summer months (with low volatility) has ended , and we may see more trends in the coming weeks whats your opinion ?

Hi Sajidhelp,

When I started trading Davit’s System back in July 2018 and just join this thread and forex factory. And when I started to post my screenshots, some people will check my price and say I’m not trading according to the rules. Oh Ron you should long when price at S61 - S100 or short when price at R61 - R100 pivots zones..
look at what happen to the price now?

Why some people are saying that market is smooth and not tough it’s because they are also not trading according to Davit system when price at S61 why are they selling and not buying. Are they obeying the rules here answer it no. That’s nothing wrong to trade at any zones unless you know how to. Not all the time pivots zones are respected and can have huge DD while waiting patiently for the price to come back why not close the positions and wait instead of waiting and finding new opportunities to trade agree.

Cheers.
  • #4,371
  • Oct 4, 2018 4:38am Oct 4, 2018 4:38am
Reversal is out there...
  • #4,372
  • Oct 4, 2018 4:42am Oct 4, 2018 4:42am
No matter what kind of traders you are or how you trade. You must always responsible to your own risk. Don’t have to blame the system. No system will tell you where to buy and sell it’s our own naked eyes to see when to trade.

I can strongly telling all members stop looking for any winning strategy or winning system. It does not exits. There’s no such things in the market and if yes paid for it otherwise stop wasting time and start to learn and practice and spend more time on your chart.

Stop looking at how people trade.
BE LIKE ONE!

Cheers.
  • #4,373
  • Oct 4, 2018 5:11am Oct 4, 2018 5:11am
I added some indicators on the volumes to the standard template (Davit forgive me for this) to make you understand when the Pivots points "seem" do not work. In this case, an accumulation phase (warehouse filling) and a distribution phase (inventory sale) are evident. This happens often and before going against the trend of the market makers it is always better to observe the PA carefully and eventually exploit it in our favor.
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Trade What's Happening... Not What You Think Is Gonna Happen
  • #4,374
  • Oct 4, 2018 5:20am Oct 4, 2018 5:20am
Quoting RonFXLive
No matter what kind of traders you are or how you trade. You must always responsible to your own risk. Don’t have to blame the system. No system will tell you where to buy and sell it’s our own naked eyes to see when to trade. I can strongly telling all members stop looking for any winning strategy or winning system. It does not exits. There’s no such things in the market and if yes paid for it otherwise stop wasting time and start to learn and practice and spend more time on your chart. Stop looking at how people trade. BE LIKE ONE! Cheers.
Teach a person to fish and he will do it for life. But how many really do have the will to pursue it?
  • #4,375
  • Oct 4, 2018 5:23am Oct 4, 2018 5:23am
Quoting Trade-G
{quote} Teach a person to fish and he will do it for life. But how many really do have the will to pursue it?

Well said Trade-G.

And I can tell you that everyone in this forum are looking for short cut rather then long term results.
  • #4,376
  • Oct 4, 2018 5:30am Oct 4, 2018 5:30am
Quoting RonFXLive
{quote} Well said Trade-G. And I can tell you that everyone in this forum are looking for short cut rather then long term results.
Its more of a personality issue when it comes to trading. I had to eradicate many of my bad traits specifically for trading. Otherwise you need rule-based formula to guide you. But if the personality issue is not resolved, the person part will take over and rule-based trading will also be thrown out of the window. Agree?
  • #4,377
  • Oct 4, 2018 5:33am Oct 4, 2018 5:33am
Quoting Trade-G
{quote} Its more of a personality issue when it comes to trading. I had to eradicate many of my bad traits specifically for trading. Otherwise you need rule-based formula to guide you. But if the personality issue is not resolved, the person part will take over and rule-based trading will also be thrown out of the window. Agree?

Every trading that we do must always have a guide and this guide must always be repeated to see whether it works out or not for at least 3 to 6 months. That’s my view.
  • #4,378
  • Oct 4, 2018 5:37am Oct 4, 2018 5:37am
Quoting RonFXLive
{quote} Every trading that we do must always have a guide and this guide must always be repeated to see whether it works out or not for at least 3 to 6 months. That’s my view.
That's correct
  • #4,379
  • Oct 4, 2018 5:38am Oct 4, 2018 5:38am
Quoting Trade-G
{quote} That's correct

If there’s no guide in trading, everything we do is just gambling like casino.
  • #4,380
  • Oct 4, 2018 5:56am Oct 4, 2018 5:56am
Quoting RonFXLive
{quote} If there’s no guide in trading, everything we do is just gambling like casino.
That's the expectancy we are talking about, simple as it seems but it takes quite awhile to sink in.
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