C-12's Supply, Demand and PA thread

Quoting MFXTrader

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Hello Giova86, could you please share your pivot indicator and settings with us please? Best regards

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Quoting MFXTrader

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Hi Giova86, I am very grateful for sharing your indicator, but I still don't know how to display pivot's only on the right side of MT4. Thank you again

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Quoting Giova86

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{quote} it is kind of bug thing i discovered, u need to put them "true" for h1 or whatever tf u want, then set lines width "2 or higher" and then change visualization for other time frame like on screenshot, then they stay only on right side and u cant see lines on graph {image}

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Quoting C-12

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Here's AUDUSD. Notice the very small weekly holiday candle last week? Look at how tightly packed the current pivots are based on the previous week's range. Anyone trading off R61 or S61 without a stop would have been obliterated, and many certainly were. I think it's asking for trouble, but that's just my view. Happy to hear from others what benefits they offer. {image}

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Quoting thisara1

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{quote} nzdcad 189pip runing {image}

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Quoting C-12

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{quote} You got this one also? This was the driving force behind it. {image}

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Quoting MFXTrader

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And first of all, a big thank you for your explanation of the pivot's C-12. I really like your thread because of huge knowledge you got here. Again, thanks alot. Respect

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Quoting C-12

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Not a fan of pivots for a few reasons. Here's my take on them; A weekly pivot is a Fibonacci calculation (extension) based on the previous weekly candle. If the previous weekly candle range was low, the current pivots will be tightly packed together and vice versa. Pivots appear initially to offer support or resistance when price is ranging (which it does 80% of the time). What happens when price breaks out of a range? Only if the trader can read PA then they might avoid being annihilated as those lines are sliced through. This is why people get...

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Quoting C-12

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{quote} Cheers, I don't want to knock anyone who is trading with pivots. No harm putting them on the chart and seeing what benefits they offer. They might be useful in a ranging markets, just be careful when the range breaks.

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Quoting C-12

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{quote} Exactly the same. Are you just trading EU or got other pairs on the menu?

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Quoting C-12

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Here's AUDUSD. Notice the very small weekly holiday candle last week? Look at how tightly packed the current pivots are based on the previous week's range. Anyone trading off R61 or S61 without a stop would have been obliterated, and many certainly were. I think it's asking for trouble, but that's just my view. Happy to hear from others what benefits they offer. {image}

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Quoting jack411

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Here is the 6E at the moment on 4hr, 1hr, and 15 min.... I think we will head up to the 4hr supply level next week. My reasoning is because it looks like we've most recently hit a well-defined demand zone,the supply that's stopped us from going up is sloppy, therefore we will continue higher until we hit a well-defined supply zone. Anybody see it differently? {image} {image} {image}

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Quoting jack411

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C or anybody else - I'd be curious to see your entries.

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Quoting C-12

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{quote} Just a single entry before work on this bull candle, there were a few M15/M5 demand retests later. {image}

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