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Pivot Trading

Its been 3 years since I opened this thread.In most FF system threads usually indicators are added,ideas reshaped overtime but in my case I am happy to say if anything I even cleaned my charts from original indicators.
Leaner and meaner nowOriginal concept still intact!
I would call it a successful method!
There is no failure except in no longer trying
Quoting Yogen
Here are my insights from the next week calendar. On Monday, Tuesday, Wednesday and Friday, we have red news for GBP. GDP m/m q/q (Monday), CPI y/y (Wednesday) are expected to print lower numbers indicating that the UK economy is decelerating. Manufacturing production m/m (Monday) and Retail Sales m/m (Friday) forecasts are higher than previous month. On Tuesday, BOE Gov Carney speech most likely will be dovish. The uncertainty around Brexit keeps negative sentiment for GBP. Outlook: GBP might continue to weaken and go into area of 1.28-1.27 ( against...
Don't forget also last week USD dominated and this week may go into correction. Location of prices are important.This is when Technicals become important as well where prices are closed last week may lead how it unfolds.
There is no failure except in no longer trying
Quoting ranilo.vince
{quote} Nice! You also got it figured out like the others. I just learned this now. Very useful to check pivot history. So now that EU ended in S100. Where do you expect it to go then next week? Or you couldn't tell it yet. Will just need to observe how price moves especially around weekly.pivot point if it's going to break up or struggle then go back down?

S100 last week was 1.1328
next week the S100 should be 1.1222 (I'm not saying prices come here. I'm saying that this will be the level of S100)
because this is dynamic, we are going to work with other pivot levels next week, and these new levels should be close to:
R100 1.1576 TO R100 1.1507
R61 1.1528 TO R61 1.1453
R38 1.1499 TO R38 1.1419
PIVOT 1.1452 TO PIVOT 1.1365
S38 1.1404 TO S38 1.131
S61 1.1375 TO S61 1.1276
S100 1.1328 TO S100 1.1222
Quoting ppxdf
{quote} S100 last week was 1.1328 next week the S100 should be 1.1222 (I'm not saying prices come here. I'm saying that this will be the level of S100) because this is dynamic, we are going to work with other pivot levels next week, and these new levels should be close to: R100 1.1576 TO R100 1.1507 R61 1.1528 TO R61 1.1453 R38 1.1499 TO R38 1.1419 PIVOT 1.1452 TO PIVOT 1.1365 S38 1.1404 TO S38 1.131 S61 1.1375 TO S61 1.1276 S100 1.1328 TO S100 1.1222
Yep. I know. Thanks for sharing your thoughts.

I also use this during weekends.

https://www.tradeviewforex.com/fibonacci-pivots.php
We're not here to be right, we're here to Profit Consistently!
Quoting ranilo.vince
{quote} Yep. I know. Thanks for sharing your thoughts. I also use this during weekends. https://www.tradeviewforex.com/fibonacci-pivots.php
Look for Nostromo...his pivots are like Voty with added bonus of choosing how many weeks to display...and future pivots.

Use that one and you can see next weeks pivots on your chart. I use at end of week to see where Weekly pivot will be following week since price tends to move toward WP.

I always stick to Davits Pivots throughout week and use Nostromos for begining and end of week view. All trade decision made with Davits Pivots.

Not at comp but do search and you will find it.
Invest in Life
Seeing the increased interest in historical weekly pivots, and following a few requests to modify my original posted pivots indi - here is Nostromo_Pivots_V2!

I added the ability to set the colors of each individual pivot so now the default uses Davits original colors for each pivot line, it makes for an easier transition for those of you used to his color scheme.
I also personally like to see the pivot value above each pivot line (screenshot 2 below) - this is particularly useful when trading from cell phone as trying to use the Crosshair tool to find the pivot value on a cell is really awkward.
Beginning pivoteers may also like to turn on the zones, a shaded box that highlights increased possibility of pivot reversal areas at a glance (screenshot 3).

Enjoy!
Attached Images (click to enlarge)
Click to Enlarge Name: Nostromo pivot V2.png Size: 81 KB Click to Enlarge Name: Nostromo pivot V2 with pivot values.png Size: 94 KB Click to Enlarge Name: Nostromo pivot V2 with zones.png Size: 86 KB
Attached File
File Type: ex4 Nostromo_Pivots_V2.ex4   99 KB | 1,587 download
Quoting Nostromo
Seeing the increased interest in historical weekly pivots, and following a few requests to modify my original posted pivots indi - here is Nostromo_Pivots_V2! I added the ability to set the colors of each individual pivot so now the default uses Davits original colors for each pivot line, it makes for an easier transition for those of you used to his color scheme. I also personally like to see the pivot value above each pivot line (screenshot 2 below) - this is particularly useful when trading from cell phone as trying to use the Crosshair tool...
Thanks Nostromo for sharing...

I think I will use this instead of Voty to get rid of the swirly lines in between weekly sessions..
We're not here to be right, we're here to Profit Consistently!
Quoting Davit
{quote} I like your calendar.You are using your own analyses and getting a grip feel on the battlefield.Keep doing it will improve your trading. You have come a long way and I can sense a trader in you developing nicely!
I appreciate your good words. I must say you have influenced a lot how I trade these days, learned a lot from this thread. Thanks.
I like the new new pivot Nostromo_Pivots_V2.ex4. Can see the privius pivot points more easily. I follow my trades on cellphone and the pivot with figures will be helpful. Thanks a lot Nostromo.
Quoting Nostromo
Seeing the increased interest in historical weekly pivots, and following a few requests to modify my original posted pivots indi - here is Nostromo_Pivots_V2! I added the ability to set the colors of each individual pivot so now the default uses Davits original colors for each pivot line, it makes for an easier transition for those of you used to his color scheme. I also personally like to see the pivot value above each pivot line (screenshot 2 below) - this is particularly useful when trading from cell phone as trying to use the Crosshair tool...
thanks for sharing this
@Nostromo

So Wyatt's Pivot and your pivot the same?
OR
Is his working on standard pivots only?

Regards

EZ
Attached File
File Type: mq4 WyattsPivots v2.1.mq4   50 KB | 386 downloads
Ask and you look stupid for 5 minutes. Don't ask and stay stupid forever.
Thanks Davit and Nostromo for

this Excellent thread.

Kind Regards
Quoting EeZeeTrader
@Nostromo So Wyatt's Pivot and your pivot the same? OR Is his working on standard pivots only? Regards EZ {file}
I believe Wyatts is regular Pivots only, not Fibonacci Pivots.
Trade with confidence, trade without fear.
Quoting asyurei3
Back to selling this. EA Looking forward looks like some positive EU data possible in the next few hours. I'm looking to sell more after up moves tire out and add to my position. Would love to hold this over the weekend and earn some baby swaps. Edit: Also loving how AJ looks, I'm buying this. {image} {image}
Excellent calls !
Quoting Cryptosurf
{quote} I believe Wyatts is regular Pivots only, not Fibonacci Pivots.
Yup
Compared them.

Waytt's is standard.
Nice too see how the S/R100 is at the exact same line as Wyatt's Weekly S/R 2 on standard pivots.
Ask and you look stupid for 5 minutes. Don't ask and stay stupid forever.
Lots of GBP news early...I think I'll sit it out and enjoy a long weekend. Wait for USD speech and NZD news on Tues.

Hopefully dollar moves according to data and stop staying bullish regardless of it. Nothing to move AUD out of bearish mode this week...hopefully USD can bring some relief or keep it from going past .70000
Invest in Life
Quoting Mundo
Lots of GBP news early...I think I'll sit it out and enjoy a long weekend. Wait for USD speech and NZD news on Tues. Hopefully dollar moves according to data and stop staying bullish regardless of it. Nothing to move AUD out of bearish mode this week...hopefully USD can bring some relief or keep it from going past .70000
I expect a lot of US-China Trade deal positive rumors this week, so maybe that will be the positive for AUD and other risk currencies.
Quoting snail69
{quote} Excellent calls !
Your Avatar is...ON FIRE...!

Nice seeing you here...
Invest in Life
Quoting Nostromo
Seeing the increased interest in historical weekly pivots, and following a few requests to modify my original posted pivots indi - here is Nostromo_Pivots_V2! I added the ability to set the colors of each individual pivot so now the default uses Davits original colors for each pivot line, it makes for an easier transition for those of you used to his color scheme. I also personally like to see the pivot value above each pivot line (screenshot 2 below) - this is particularly useful when trading from cell phone as trying to use the Crosshair tool...
Thank you for sharing
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

― Sun Tzu, The Art of War

Think in context of news events and Price!
There is no failure except in no longer trying
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