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Pivot Trading

  • #25,401
  • Feb 15, 2019 1:59pm Feb 15, 2019 1:59pm
Took the last bite out of the EU buy this week. Was very hot and productive week, Davit- you are killing it! . Great job! I guess you met your goal before December as you planned! Greatest example and prove that Forex can be profitable for those who truly want it. Wish everyone good weekend. See you guys on Sunday night.
  • #25,402
  • Feb 15, 2019 4:25pm Feb 15, 2019 4:25pm
Davit has helped us a lot.
I'm happy to use only Davit's Pivot Trading.
I had: $ 674.55 in profit for my 3 brokers this week. (02/10/2019 to 02/15/2019)
Oanda .........us $ 282.97.
FXCM .......... us $ 295.76
forex.com....... us $ 95.82
total .............. US $ 674.55

Thank you Davit !!!!
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  • #25,403
  • Feb 15, 2019 10:59pm Feb 15, 2019 10:59pm
Quoting Davit
So far this month.love this indicator.You can tell why I love the CAD made most on CAD pairs {image}
Watching this pip count like ...

Attached Image
  • #25,404
  • Edited 2:30am Feb 16, 2019 12:13am | Edited 2:30am
Morning all,

I think for us to grow like DAVIT we need to start to think out of the box, or what we see in front of us on the screen?
When I joined this thread Davit was hammering on forget the way you where trading?

I would like some Q and A today,

As a trader what do you think is the use for the ADR on this thread except for 120+ ADR pairs.
What is the meaning of that value?
Why is it called the ADR?
Why is some ADR's static and others move?
Which one is best?

Is it more/less volatility?
Is it just to put on another indicator as per the TPL?
How many times did you see today-100+ ADR, BUT the market just keeps on going up and up, and up, WHERE will it stop?
ALL WANTS TO TRADE PIVOT POINTS, BUT ARE WE USING THE INDICATORS CORRECTLY?
Why do we open a trade @ S78 and close at the pivot point, AND the price goes down again?
Why did DAVIT say do not BUY EURUSD?
Why did DAVIT sell EURCAD @ pivot point?
Why did Davit closed EURCAD @ S61, IS IT STILL A SELL OR WILL WE BE LOOKING TO BUY?
Why is USDJPY going up again?

As a trader I think the ADR is very important
For me the ADR is a DAILY TARGET.
Why did Davit put the daily open line previously on his charts?
What will your daily target be?
What if price passes the DAILY target what then?
The ADR tells me when to BUY/SELL(just like the TDI, it's my trading buddy)
I also uses a shorter time period, because the bigger the time frame for the ADR the more likely it will be influenced by spikes in the market.





Regards,
We obey the structure that results from the market's reaction
  • #25,405
  • Feb 16, 2019 1:09am Feb 16, 2019 1:09am
Quoting fibo38
Good weekend to all. Next week more green PIPS
Hola amigo mio! I hope your trading is going well!

Great weekend to you too and of course always just green pips...
I never lose - either I win or I learn...
  • #25,406
  • Feb 16, 2019 2:01am Feb 16, 2019 2:01am
This range looks tempting. Closed my short positions before weekend. I probably open them again in the beginning of the week.
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  • #25,407
  • Edited 3:24am Feb 16, 2019 2:35am | Edited 3:24am
Quoting MoneyTalks58
This range looks tempting. Closed my short positions before weekend. I probably open them again in the beginning of the week. {image}
Still holding my shorts. Because my ADR said so.
And my trading buddy agrees (TDI)
WHY?
Is the question.
Did I just sell because it's R100, or because of my ADR?
How did I know price will tap out at R100?
Can Still manage this DD.
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We obey the structure that results from the market's reaction
  • #25,408
  • Feb 16, 2019 3:13am Feb 16, 2019 3:13am
Quoting Davit
{quote} I will upload.Just place it in regular indicator folder and drop on chart.Whatever you have on account 1month 1 week 1day it will show that. {file}
Thank you very much! A very useful indicator.
I tried to load it with default date settings, but it crashed detecting a divide by zero error in a method calculating point value for a particular symbol (DAX future), so i fixed it.
If anyone encountered the same problem, this is the indicator with bugfix.
Regards.
Attached File(s)
File Type: mq4 TradeReport_compact_fix.mq4   53 KB | 377 downloads
Discipline and winning attitude
  • #25,409
  • Edited 4:04am Feb 16, 2019 3:31am | Edited 4:04am
Guy and Girls,

Why do you think we have a magnified market price?
Just because BLING looks nice?
Why are YOU using the indicators on this thread?
Because Davit said so or Because I know how to use them, ask your self?

70% of traders here is not really understanding PIVOT TRADING.
70% of traders is posting their trades still running in profit, when a few posts back they where given a heads up by Davit.
Davit would normally say you got a 70% chance of getting it right, I want to turn it around and say you got a 30% chance of getting this right.

DID ANY ONE EVER NOTICED HOW THIS TPL WITH INDICATORS COMPLEMENT EACH OTHER?
I'm not disputing that every one can trade, CAN every one trade PIVOTS?
How many times did Davit removed people that tried to pick his brain?
People must find out how this setup complements it's self, by understanding all the indicators and their setups.
If you see a brain surgeon, you do not ask HOW he will operate BUT what he will do.
We obey the structure that results from the market's reaction
  • #25,410
  • Feb 16, 2019 5:35am Feb 16, 2019 5:35am
Quoting Egbert
Guy and Girls, Why do you think we have a magnified market price? Just because BLING looks nice? Why are YOU using the indicators on this thread? Because Davit said so or Because I know how to use them, ask your self? 70% of traders here is not really understanding PIVOT TRADING. 70% of traders is posting their trades still running in profit, when a few posts back they where given a heads up by Davit. Davit would normally say you got a 70% chance of getting it right, I want to turn it around and say you got a 30% chance of getting this right. DID...
I don't use magnified market price, i don't really see how it will improve my trading, i use ADR to show me where i should be looking to take partial profit, if the price goes past i leave few positions open. I use to be greedy but now i just take what's on offer and stop looking for perfection in imperfection occupation.
  • #25,411
  • Feb 16, 2019 10:02am Feb 16, 2019 10:02am
Quoting Egbert
Guy and Girls, Why do you think we have a magnified market price? Just because BLING looks nice? Why are YOU using the indicators on this thread? Because Davit said so or Because I know how to use them, ask your self? 70% of traders here is not really understanding PIVOT TRADING. 70% of traders is posting their trades still running in profit, when a few posts back they where given a heads up by Davit. Davit would normally say you got a 70% chance of getting it right, I want to turn it around and say you got a 30% chance of getting this right. DID...
Hi Egbert
Please take this right way just constructive criticism.You are a valued contributor and allow me to add please don't discuss trading matters on my behalf.
If there are corrections I will address it.What others do is not your concern.It creates unhealthy dynamic because you assume too much what others do and what this system is about.
There is nothing special about larger price I just like to glance and see it and since I am a visual person it works for me however it has zero effect on trading the system.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #25,412
  • Feb 16, 2019 10:26am Feb 16, 2019 10:26am
Inserted Video

Professional day trader
1st thing he does check relevant news stories.He didn't say I seat down look where 20MA is!!or TMS or Bollinger Bands or MacD etc
1.22 mark watch on.Its refreshing to see what pros do.
In trading, you have to be defensive and aggressive at the same time
  • #25,413
  • Feb 16, 2019 10:32am Feb 16, 2019 10:32am
Quoting Davit
{quote} Hi Egbert Please take this right way just constructive criticism.You are a valued contributor and allow me to add please don't discuss trading matters on my behalf. If there are corrections I will address it.What others do is not your concern.It creates unhealthy dynamic because you assume too much what others do and what this system is about. There is nothing special about larger price I just like to glance and see it and since I am a visual person it works for me however it has zero effect on trading the system. Regards
Thanks Davit,

Please accept my apology, was just trying to hear what the other people was thinking and how they see the system, hence taking your trades as an example. Was not attacking anybody. I still respect you as the thread starter and its never for me to change anything on your thread. Its just a shame only the OP gave me a response, hence I'm still standing by my way. Does everyone know what they are trading on this thread, with respect Davit.
We obey the structure that results from the market's reaction
  • #25,414
  • Feb 16, 2019 10:40am Feb 16, 2019 10:40am
Quoting Davit
On popular system thread here a poster has buy order on UC at 3240 because price is above 20MA And my response is SO WHAT! There is no magic about 20 10 100 or 200 its mathematical computation of what has transpired and there is no guarantee or higher Edge because price closed above 20MA is likely to go up again. This realization takes time but I want you guys to free your mind from hindering thinking that MA's have anything to do with who and what moves price! It has ZERO effect on price! Its a myth retail traders are hooked on like morphine and...
For me I have tried to trade without the TDI, But feel more comfortable having TDI on my chart coupled to the ADR.
To me the TDI is just giving a clearer view of price/ or brakes it down for me to understand clearer.
We obey the structure that results from the market's reaction
  • #25,415
  • Feb 16, 2019 10:43am Feb 16, 2019 10:43am
https://d2gg9evh47fn9z.cloudfront.ne...OX21061678.jpg


Moving averages just looks like art to me
  • #25,416
  • Feb 16, 2019 10:43am Feb 16, 2019 10:43am
Quoting Egbert
{quote} Thanks Davit, Please accept my apology, was just trying to hear what the other people was thinking and how they see the system, hence taking your trades as an example. Was not attacking anybody. I still respect you as the thread starter and its never for me to change anything on your thread. Its just a shame only the OP gave me a response, hence I'm still standing by my way. Does everyone know what they are trading on this thread, with respect Davit.
Thanks for taking it right way.As the saying goes creme raises to top.I learned to accept that each one's success is proportional how much they want to succeed.
There are guys trading far more years then I and still losing.Everyone is responsible for themselves.When I see no effort, spoon feeders ,lazy individuals, even the ones calling me "buddy" I kick them out.People who put effort shows through the results and others I care less.I am here just to provide the tools but execution must come from them.
regards
In trading, you have to be defensive and aggressive at the same time
  • #25,417
  • Feb 16, 2019 10:45am Feb 16, 2019 10:45am
Would it be wrong to assume if price has passed the ADR high and price is above 68 level on TDI and above the pivot that we can sell?
We obey the structure that results from the market's reaction
  • #25,418
  • Feb 16, 2019 10:48am Feb 16, 2019 10:48am
Quoting Egbert
Would it be wrong to assume if price has passed the ADR high and price is above 68 level on TDI and above the pivot that we can sell?
Think of ADR like traffic light
When it goes in red you know it has over traveled then normal.You should look up 1st why so maybe major news release like interest rate or other fundamental factors if nothing major then you look at Pivots and Price Action. TDI above 68 is irrelevant.
In trading, you have to be defensive and aggressive at the same time
  • #25,419
  • Feb 16, 2019 10:52am Feb 16, 2019 10:52am
Quoting Egbert
Would it be wrong to assume if price has passed the ADR high and price is above 68 level on TDI and above the pivot that we can sell?
Why I ask is to understand my way and your way for understanding ADR. Also to understand what other see in red numbers on the ADR.
Why is price turning when the numbers is still green. Hence me using the ADR daily high and low also.
We obey the structure that results from the market's reaction
  • #25,420
  • Feb 16, 2019 10:53am Feb 16, 2019 10:53am
Quoting Davit
{quote} Think of ADR like traffic light When it goes in red you know it has over traveled then normal.You should look up 1st why so maybe major news release like interest rate or other fundamental factors if nothing major then you look at Pivots and Price Action. TDI above 68 is irrelevant.
Hopefully in the coming years I can trade like you without the TDI.

Thanks
We obey the structure that results from the market's reaction
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