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Pivot Trading – A discussion platform for like-minded traders

  • #1
  • First Post: Nov 4, 2018 9:20am Nov 4, 2018 9:20am
Hi all,

The title of this thread may be familiar to many FF users as it is plainly inspired by Davits trading method. I have been trading the weekly + monthly Pivot method for last 2 years and have been profitable month on month. The system works but as they say, it is the trader more than the system.

I am thankful to Davit for sharing the system with us, however, any system proves to be successful only if the trader is committed to make it work. The trader’s effort and hard work should never be undermined. I take pride in saying that I adopted this system, spent weeks practicing it and am able to profit from it consistently.

In the initial months Davit’s original thread was a helpful place to learn and connect with wise traders – I met a very dear friend and now trading partner on Davit’s thread and we spend a lot of time discussing trades. With time, I feel, Davit’s thread lost its quality where the core rules were ignored for some specific people, new comers were disrespected and ignored and eventually the thread was restricted only to ‘Red’ members. Personally, I do not give lot of importance to the Red status as I believe not all Red members are wise, and not all non-rated members are stupid. Intelligence is not dependent on a color status.

Neil did a great job in creating a backup thread but it too went the same route due to influence from Davit. Hence, the need for this thread.

This thread is not my thread, I am just the creator and I would love for all like minded traders that trade the Weekly (and monthly) pivot system to participate here. This is a platform for all Pivot traders that may be looking for a platform. I do not intend to teach or preach here, but I will try my best to answer questions that may arise. If I do not have the answers, I will tell that too.

I am sure we’ll see many people here that may be non-believers in this system or the method. I do not intend to prove to anyone how good this system is; as I mentioned already, the system and ‘the trader’ make it successful. I am doing good with the system and have NO intention to change it beyond a small change that I have already made.

I do not want to be making any rules but
{C}1. Expect people to do their homework before posting here. If you think you’ve read about the system enough and have questions, feel free to ask. I or someone will gladly provide answers.
{C}2. Let us respect everyone. Some people may be successful some may be struggling to find it, lets not devalue any individual

That’s it from my side. Lets roll it!
  • #2
  • Edited 10:14am Nov 4, 2018 9:25am | Edited 10:14am
I like to trade with a confluence of Weekly + Monthly fibs along with S/R zones.

My current active trades

NJ short
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NU Short
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EN Long
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Indicators that I use attached...

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File Type: ex4 Pivot_Voty_Weekly.ex4   72 KB | 373 downloads
Attached File(s)
File Type: ex4 TDI-RT-Clone.ex4   17 KB | 383 downloads
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File Type: ex4 TMS_Angleator V3 - RT2.ex4   34 KB | 360 downloads
Attached File(s)
File Type: ex4 WP_Nostromo_mod.ex4   96 KB | 352 downloads
  • #3
  • Nov 4, 2018 10:36am Nov 4, 2018 10:36am
You are not the first person to profit from Davit and his system bash him then go open a thread about his system. The system works because of Davit. Those of us, disrespected followers, make it work because we adapt it to our style. Therefore, separating Davit from the system and going solo to create a thread has so far never worked...never .

Wish you well.
Invest in Life
  • #4
  • Nov 4, 2018 10:57am Nov 4, 2018 10:57am
Good luck to you
Fall seven times, stand up Eight! #GGMU
  • #5
  • Nov 4, 2018 11:02am Nov 4, 2018 11:02am
1. If you create a thread, then it is yours.

2. Davit had to resort to the tactics that he uses because people were not able to follow the most simple of rules, like using one template. Monthly pivots are not a part of Davit's system, he has stated this many, many times over the years. Post one was so clear that it became apparent that many traders were posting on a thread without reading post one, hence, they got banned without notice. I think that is appropriate because it becomes clear that some people will go their own way regardless of what gets posted.

I think it is good that you started this thread as it will be place where people can go who want to make alterations to a working system. Even a small change is still a change.
If you are good at something, never do it for free--Joker
  • #6
  • Nov 4, 2018 11:02am Nov 4, 2018 11:02am
Quoting Mundo
You are not the first person to profit from Davit and his system bash him then go open a thread about his system. The system works because of Davit. Those of us, disrespected followers, make it work because we adapt it to our style. Therefore, separating Davit from the system and going solo to create a thread has so far never worked...never . Wish you well.
Davit deserves credit for sharing the system and I already did that. Davits thread is restricted to privileged ones and I want a platform to share with people that are not allowed on his thread.

Though I don't agree that the system works because of Davit. What do you do if davit were to leave FF permanently? Would you stop trading then?
  • #7
  • Nov 4, 2018 11:06am Nov 4, 2018 11:06am
Quoting jmn5611
1. If you create a thread, then it is yours. 2. Davit had to resort to the tactics that he uses because people were not able to follow the most simple of rules, like using one template. Monthly pivots are not a part of Davit's system, he has stated this many, many times over the years. Post one was so clear that it became apparent that many traders were posting on a thread without reading post one, hence, they got banned without notice. I think that is appropriate because it becomes clear that some people will go their own way regardless of what...
No hard feelings about davits tactics though I still think there's a difference between being strict and being disrespectful. As you rightly said i made an ammend to davits rules and am happy trading my way.
  • #8
  • Nov 4, 2018 11:12am Nov 4, 2018 11:12am
Quoting live4x
{quote} No hard feelings about davits tactics though I still think there's a difference between being strict and being disrespectful. As you rightly said i made an ammend to davits rules and am happy trading my way.
It is good that you are happy trading your way, and I think it is also good that you made a thread for it. Your way is not Davit's way, and he told people in post one that if a trader cannot follow the rules of the thread then they will be dismissed. What is disrespectful is when a trader reads those words, and then proceeds to post anyway. It is like a person who reads "Trespassers will be shot" and then get upset when they get shot for trespassing!
If you are good at something, never do it for free--Joker
  • #9
  • Nov 4, 2018 11:22am Nov 4, 2018 11:22am
Quoting jmn5611
{quote} It is good that you are happy trading your way, and I think it is also good that you made a thread for it. Your way is not Davit's way, and he told people in post one that if a trader cannot follow the rules of the thread then they will be dismissed. What is disrespectful is when a trader reads those words, and then proceeds to post anyway. It is like a person who reads "Trespassers will be shot" and then get upset when they get shot for trespassing!
Hey let me clarify. I wasn't removed from davits thread because of posting something that wasn't part of his system.. Davit removed me because I asked some valid questions that for some reason he was not willing to answer.

My method is highly inspired by Davits, in fact it is all his plus monthly pivots..i don't claim to have invent something. Same way how davits was inspired by someone's but he never fails to take the credit..

Hope this clarifies
  • #10
  • Nov 4, 2018 11:30am Nov 4, 2018 11:30am
Quoting live4x
{quote} Hey let me clarify. I wasn't removed from davits thread because of posting something that wasn't part of his system.. Davit removed me because I asked some valid questions that for some reason he was not willing to answer. My method is highly inspired by Davits, in fact it is all his plus monthly pivots..i don't claim to have invent something. Same way how davits was inspired by someone's but he never fails to take the credit.. Hope this clarifies
Thank you for the clarification. Wish you the best!
If you are good at something, never do it for free--Joker
  • #11
  • Edited 12:30pm Nov 4, 2018 12:06pm | Edited 12:30pm
Quoting live4x
{quote} Davit deserves credit for sharing the system and I already did that. Davits thread is restricted to privileged ones and I want a platform to share with people that are not allowed on his thread. Though I don't agree that the system works because of Davit. What do you do if davit were to leave FF permanently? Would you stop trading then?
As I stated in my post and will speak for myself I adapt it to my style. He trades 15 and 30 M I trade from the 4 hr...so I have a diferrent approach but still adhere to his rules. Not because he is my master nor I am a sheep or follower.

Him leaving will have no bearing on my trading as I already trade profitably with the system because I learned, followed the rules and made it work for me. What I was referring to was that Davits style, financial situation and psychology is part of the system. He as all others here in FF share their system in hopes that others will follow suit. Example, you started this thread with an issue that you believe this thread will solve. But that is your situation. No one else can in any way be at your emotional level when it comes to that situation. They might empathize. Or feel the same way...but it is your situation that made you start this thread. So this thread is essentially part of you and this system is a part of you. Some day you will understand his way of running the thread when you believe your thread...part of you is threatened in any way.

As jmn5611 said clearly from post 1 he had his rules stated nothing was by surprise...everything is in the details. He was not going to take responsability for someone not being profitable when they went their own way.

And since you made alterations and addition, gain as you were told, this has nothing to do with Davits system so make it clear to your folks. Out of respect towards them, which seems to be your platform.

Again I truly wish you well. Market love this...traders against traders...when they are the enemy.
Invest in Life
  • #12
  • Nov 4, 2018 12:23pm Nov 4, 2018 12:23pm
Quoting Mundo
{quote} As I stated in my post and will speak for myself I adapt it to my style. He trades 15 and 30 M I trade from the 4 hr...so I have a diferrent approach but still adhere to his rules. Not because he is my master nor I am a sheep or follower.
Ofcourse, each one has their own touch and there's nothing wrong in it. Do what works best for you. I do not intend to tell anyone how to trade and how not to. I just intend to share with fellow pivot traders

Quoting Mundo
{quote} As jmn5611 said clearly from post 1 he had his rules stated nothing was by surprise...everything is in the details. He was not going to take responsability for someone not being profitable when they went their own way.
I guess this where most people on Davit's thread make a mistake. For some reason anytime someone tries to go on a different route, people assume the guy must have had a loss. Let me state this another time that I trade this system for 2 yrs, have been profitable. I hate to do it and will probably never ever do it again, but here's my equity curve since Sep 2016

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Quoting Mundo
{quote} And since you made alterations and addition, gain as you were told, this has nothing to do with Davits system so make it clear to your folks. Out of respect towards them, which seems to be your platform. Again I truly wish you well. Market love this...traders against traders...when they are the enemy.
You sound reasonable and I wish you all the luck!
  • #13
  • Nov 4, 2018 12:47pm Nov 4, 2018 12:47pm
Good on you for starting your own thread. Stay focused and you will be challenged time after time, specially from hard core followers of the original thread. You know as well I, why you have started this thread, all because simply questioning his facade. You don't need to answer every individual who questions your intention for starting this thread. You made it very clear on the first post. So, just focus on what you intent to do. Good luck!
  • #14
  • Nov 4, 2018 12:56pm Nov 4, 2018 12:56pm
Quoting live4x
{quote} I guess this where most people on Davit's thread make a mistake. For some reason anytime someone tries to go on a different route, people assume the guy must have had a loss. Let me state this another time that I trade this system for 2 yrs, have been profitable. I hate to do it and will probably never ever do it again, but here's my equity curve since Sep 2016 {image} {quote} You sound reasonable and I wish you all the luck!
Sorry there must be a misunderstanding. I was not referring to you or anyone specifically. It was more a general statement.

In the beginning I did not understand many things good or bad. But I just kept working the system day and night, hour after hour. My wife and kids did not understand why so many days and months in front of the screen. I couldn't nor was willing to accept that I just could not trade successfully and consistently. But like I mentioned his tough way of handling the thread -his consistency led me to understand that part of it was not just in the details but it was me. I had to change me in order to make it work. It meant I had to follow certain rules even though I did not like them. I had to unlearn trading and learn to trade. I am sure I could have learned that in many other places but it happened to be in his thread...and not even my PhD in Spiritual Counseling helped me. Trading is a totally different animal. But one thing I do know for a fact...it starts and ends with me. Including trading.

People work on Money Management, on the system but not so much on Psychology...and when they do it is just merely on the psychology of trading when the truth is...since we are the ones trading it is us, it is me as a person that needs to be worked on. It is imperative that it be worked on probably more than the other two. We trade for the challenge but even more for the freedom and money. But as I say...More money only makes us more of who we are now.
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Invest in Life
  • #15
  • Nov 4, 2018 1:56pm Nov 4, 2018 1:56pm
Thanks for starting this, I am looking forward to following it.

I felt like the weekly pivot thread that Neil had started at one point had the best vibe and group of people in a FF thread I have ever read here, sadly it went down the toilet, it was also the most profitable time of my limited trading career and I would like to participate in an environment like that again.

My personal observation of the threads here on FF is that once you have a good group of people ( a few core contributors that are patient, mature and flexible in their thinking) then the threads come to life and become a great place to nurture knowledge and encourage persistence for those that are struggling but still generally want to succeed. Hopefully a few other experienced traders join to contribute and assist in your enthusiasm.
life is a reflection of what we allow ourselves to see
  • #16
  • Nov 4, 2018 2:22pm Nov 4, 2018 2:22pm
live4x

For those of us new to this thread, and pivot trading in general, it would be helpful if you could provide a quick explanation of how you trade "with a confluence of Weekly + Monthly fibs along with S/R zones".

Appreciated.
  • #17
  • Nov 4, 2018 3:46pm Nov 4, 2018 3:46pm
Quoting live4x
{quote} Ofcourse, each one has their own touch and there's nothing wrong in it. Do what works best for you. I do not intend to tell anyone how to trade and how not to. I just intend to share with fellow pivot traders {quote} I guess this where most people on Davit's thread make a mistake. For some reason anytime someone tries to go on a different route, people assume the guy must have had a loss. Let me state this another time that I trade this system for 2 yrs, have been profitable. I hate to do it and will probably never ever do it again, but...
Does not seem you are honest in anything you peddle here.You have not been profitable for 2 years in fact you were lost both financially and ideas only year ego.
I think your "followers should know who they are dealing with"
Another thing I never traded monthly pivots and for good reason and Another disgruntled trader left my thread Brien and started his own Pivot trading with monthly only to renounce it 2 months later.At least he was smart enough to stop trading it.
I don't care who you are but please don't peddle my ideas here masquerading as a "trader" you are far from it.
Good luck to your followers you gonna need it!
Quoting live4x
I am struggling since 8 months..... Adding something to my equity.... losing the same in coming period..... and then again adding... and again losing.... Nothing changed so far... guess will take more time...
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In trading, you have to be defensive and aggressive at the same time
  • #18
  • Nov 4, 2018 4:49pm Nov 4, 2018 4:49pm
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  • #19
  • Nov 4, 2018 7:04pm Nov 4, 2018 7:04pm
WK is good if you can fast in/out. MN (and even YR) is good when you want comfortable swing trades. On top of it, harmonic patterns from CNTrader can make it holy grail I believe...... At least, 10 times better than most of the breakout based systems.... Breakout traders cannot prosper in the long run IMHO.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #20
  • Nov 4, 2018 7:32pm Nov 4, 2018 7:32pm
Quoting Davit
{quote} Does not seem you are honest in anything you peddle here.You have not been profitable for 2 years in fact you were lost both financially and ideas only year ego. I think your "followers should know who they are dealing with" Another thing I never traded monthly pivots and for good reason and Another disgruntled trader left my thread Brien and started his own Pivot trading with monthly only to renounce it 2 months later.At least he was smart enough to stop trading it. I don't care who you are but please don't peddle my ideas here masquerading...

Dude you are absolutely delusional and please seek help asap. Yeah, live4x may or may not be honest here but you should be the last person to talk about honesty and ego. Exactly who the hell do you think you are and what's so proprietary about your pivot trading. Are you suggesting that others didn't have any use of pivots until you "the greatest pivot trader" came along. I guess other traders must have thought of those pivot lines are there to make the charts pretty. The indicator you use itself is not even yours and yet you put your name as yours. Pivots have been around long before you even thought of trading forex.

Live4x is not a disgruntle trader and some how out there to destroy your trading "idea & reputation" as you are portraying him to be. You simply booted him out because he busted your lie. The whole incident showed how much of a thin skin person you are and racist rant that followed. I am sure there are plenty of other traders like live4x who got booted for questioning your dishonesty.

One more thing, when you copy and paste from news articles and spew it as yours as some sort of expert analytical report, even though you don't explicitly say as yours, it is still considered plagiarism until you give them credit for the source. Let's talk about honesty here buddy!!!

Hopefully, Live4x doesn't kick you out as you do to others because we all want to hear from you whether good or bad. We truly believe in free speech unlike you. You have every right to say anything including hate towards others in the name of free speech but that doesn't protect you from consequence as thousands of others had to learn hard way. Just pray that your boss doesn't find out about your online rant and hopefully that very Indian guy you despise is not your boss. Wouldn't that be something if he was your BOSS....lol!

I really hate having this kind of discussion with you or anyone for that matter but sometimes people like you need to be put in place.
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