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False Prophets

  • #1,141
  • Apr 25, 2019 8:51am Apr 25, 2019 8:51am
@Weyk, I am doing the community a service by raising the very issues he is so desperately trying to hide. Don't you think a popular thread that blatantly hides the truth and misleads is something that should be discussed openly instead of dictated to?

@Pent56, unstable is a person that lies and deflects the truth! that is your messiah, not me. I am just having a cup of tea and a laugh at the shambles.
  • #1,142
  • Apr 25, 2019 9:38am Apr 25, 2019 9:38am
Quoting EcoTrader
i see you haven't declared your unrealised loss for this shambles of a trade - i guess you are still sucking onto hope Davit. Funny how you moan about people leaving after you provide disaster leadership to new traders - adding a disclaimer to your first post about needing 2 years experience before joining. HAHAHAHAHAHA - 2 years experience to slap on a few arbitrary lines and make assumptions about the economic calendar - what a classic {image}
it looks like he sold the audjpy based on the screenshot

and the eurusd trade is turning around

not defending him, but i'm not seeing the "shambles" you speak of
  • #1,143
  • Apr 25, 2019 9:54am Apr 25, 2019 9:54am
Pivot trading is nothing new or a system that belongs to one individual.
What price action does is open to interpretation and no one knows 100% what price will do. Fundamentals are also open to interpretation.
It’s harsh to judge someone due to a failed trade.

A simple search on google shows the many pivot systems that are coming out of forex factory.
It’s like pivots are in fashion here, until another fad comes along.
We even have a pivot tutor girl from here. She probably has a different interpretation as well.
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  • #1,144
  • Apr 26, 2019 3:17am Apr 26, 2019 3:17am
Quoting Weyk
{quote} Eco you are right. You are right about drawdown. Forgot about this one. But come on, what do you want to prove and to whom? This subject is not new. If there are people interested in Davit system they for sure know about this. They have 2 years to learn about dd stuff. )) Pivot trading is one of the most active threads on ff. You should know that people don't like being losers. They would run from a losing system. So settle this down. To each his own method,...
another near margin call event is near by. relatively short interval from last one at the beginning of the year. funny thing Davit increased lot size and directly he is in huge drawdown. what would you expect from an amateur without relevant background but sports bet gambling. this is the all-in mentality of a gambler, nothing else.
two scenarios:
either us gdp will wipe him out -> long silence, than moaning.
or us gdp will rescue his disaster trade -> bragging a lot, using many emojis...
fortis fortuna adiuvat
  • #1,145
  • Apr 26, 2019 4:31pm Apr 26, 2019 4:31pm
Quoting Pip-Miner
Pivot trading is nothing new or a system that belongs to one individual. What price action does is open to interpretation and no one knows 100% what price will do. Fundamentals are also open to interpretation. It’s harsh to judge someone due to a failed trade. A simple search on google shows the many pivot systems that are coming out of forex factory. It’s like pivots are in fashion here, until another fad comes along. We even have a pivot tutor girl from here. She probably has a different interpretation as well. {image}
...just wondering, which type of system/strategy you are using? ...You don't have to be very specific.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #1,146
  • Edited 4:58pm Apr 26, 2019 4:34pm | Edited 4:58pm
lol adults acting like kids. my list of trolls are increasing must be doing something right
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In trading, you have to be defensive and aggressive at the same time
  • #1,147
  • Apr 26, 2019 10:30pm Apr 26, 2019 10:30pm
Quoting Davit
lol adults acting like kids. my list of trolls are increasing must be doing something right {image}
I think you got that the wrong way around.
If you are teaching a good thing the list of followers should increase, not the list of sceptici (you call them trolls).
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,148
  • Edited 12:27am Apr 27, 2019 12:12am | Edited 12:27am
Trading pivot levels is same as trading extremes of any oscillator or price moving away from MA.
When oscillator is at extremes, there are chances of it coming back to mid level(50 or 0 depends on osc) at some point.
When price is away from MA, there are chances of it coming back to MA at some point.
When price is at extremes pivot levels, there are chance of it coming back to pivot.

there are times price catches up the indicator.
there are other times, indicator catches up the price.

Example, when price is moving away from say 100MA, it will eventually retraces back to 100MA, may be a sharp retrace(price catches up MA), maybe a wavy retrace(where MA and price both work together to catchup), may be a horizontal move(where MA catches up the price).

Weekly Pivot Indicator repaints every week and people have to realize either price will catch up the levels or the Pivots will catch up the price.

As side note, trading 20 lots, getting 20 pips with that will get you $4000 a week also. Those 10000+pips with 1000+trades and 50+lots wont impress me.
Example, trading 50 lots, making 10000 a month is just making 20 pips a month.
I am not sure how many lots are opened at the same time in one's account....
Assuming 10% of 50 lots would be opened at the same time, means, 5 lots times 200 pips a month will also get you $10000; which is just 10 pips per trading day;
I know many many people are doing this, personally.

only thing I notice in that pivot trading approach is, taking small lots....but they load up quickly which is very similar to trading big lots. may be another martingale with just pivot levels...if price beats this pivot level, take another 10 trades at the next level when price gets there, hoping for a retrace to main pivot.
Determination + Persistence = Success
  • #1,149
  • Edited 1:47am Apr 27, 2019 1:32am | Edited 1:47am
How's your audjpy drawdown going Davit. You conveniently exclude open trades from your reporting to sugar coat the fact that you haven't got a clue about trade management alongside your dire understanding of fundamentals.

You call the list of almost 400 you have blocked trolls. Last time you pathetically tried to explain this by stating its hard to manage a large room but the eurusd only thread's OP only has 42. Why is that Davit, how can it be that you carry such a large list of people in your mind as trolls when you are the standout in the forum, the only one with a list that large. Here is a hint, it's not a list of trolls but rather a reflection on yourself as having a personality disorder. Someone asks you something you don't like, blocked, someone states something you don't like, blocked, someone corrects you, blocked. That is not a stable mind but one that has issues, feel free to sugar coat it like you do with your losses. Whatever floats your boat.
  • #1,150
  • Apr 27, 2019 1:58am Apr 27, 2019 1:58am
For my part I'd love to see Davits open trades too. I like nitty gritty , I like the whole picture. I'm interested in pivots but I hate DD, so I'm trying to combine pivots with scalping. I am no guru, and the only prophecy I will comfortably align with is that I have no clue what the market will do. I love info though.. and I would prefer to see open as well as closed trades. That is purely what i would like to see and TBH Davits open and undisclosed trades are really none of my business. I guess the question is , do Davits followers think his closed trades that he shows are ALL his trades ?? Surely not...
  • #1,151
  • Apr 27, 2019 2:09am Apr 27, 2019 2:09am
Quoting hellsbells
For my part I'd love to see Davits open trades too. I like nitty gritty , I like the whole picture. I'm interested in pivots but I hate DD, so I'm trying to combine pivots with scalping. I am no guru, and the only prophecy I will comfortably align with is that I have no clue what the market will do. I love info though.. and I would prefer to see open as well as closed trades. That is purely what i would like to see and TBH Davits open and undisclosed trades are really none of my business. I guess the question is , do Davits followers think his closed...

who cares what davit does? does it in some way affect ur life?...u people are anal constricted dingleberries always attacking him. sklearn mentioned pivots are a repainting indi which is more than any of u fookheads ever did LOL...u all seem to masterbate to some worthless shit instead of some really good porn LOL
buy the rumor,sell the news
  • #1,152
  • Apr 27, 2019 2:11am Apr 27, 2019 2:11am
sklearn mentioned pivots are a repainting indi which is more than any of u fookheads ever did LOL



thats all u dumbasses need to know...pivots repaint every week instead of every other candle
buy the rumor,sell the news
  • #1,153
  • Apr 27, 2019 2:16am Apr 27, 2019 2:16am
jesus christ...everybody gets that anal constriction when price immediately goes against u...its how u realease that anal sphincter during this time and try to save ur equity and get out at even that matters....so stop pissing down ur leg and lift it the way i did in my avatar LOL
buy the rumor,sell the news
  • #1,154
  • Apr 27, 2019 2:24am Apr 27, 2019 2:24am
Quoting wasntme
sklearn mentioned pivots are a repainting indi which is more than any of u fookheads ever did LOL thats all u dumbasses need to know...pivots repaint every week instead of every other candle

so when one of u geniuses come by 4 days later when the pivots got changed or "repainted: and criticise u doofuses are talking from ur asses and not from the realtime price action the trade was taken...so wise up so maybe u can have a better argument LOL
buy the rumor,sell the news
  • #1,155
  • Apr 27, 2019 2:34am Apr 27, 2019 2:34am
Quoting wasntme
sklearn mentioned pivots are a repainting indi which is more than any of u fookheads ever did LOL thats all u dumbasses need to know...pivots repaint every week instead of every other candle
No offense but this remark shows that you are totally ignorant on what pivots are and how indicators work.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,156
  • Apr 27, 2019 2:36am Apr 27, 2019 2:36am
Quoting FxMadness
{quote} No offense but this remark shows that you are totally ignorant on what pivots are and how indicators work.

tell me how im ignorant?....cause i can prove weekly pivots change...i can even prove daily pivots change...so give me ur best shot
buy the rumor,sell the news
  • #1,157
  • Apr 27, 2019 2:37am Apr 27, 2019 2:37am
pivot trading is an intraday startegy...someone that tries extending it longer than 3 days is a fool
buy the rumor,sell the news
  • #1,158
  • Apr 27, 2019 2:39am Apr 27, 2019 2:39am
Quoting wasntme
{quote} tell me how im ignorent?....cause i can prove weekly pivots change...i can even prove daily pivots change...so give me ur best shot
I agree with FXMadness. Everybody knows how works but repaint is not that. Repaint is modify past history. Did you see any past levels repainted ( modified after print ). As you use nostrodomo pivots I'm sure is easy for you check it. But you dont forget use same range time. We know the tricks...
Try don't lose pants never...
  • #1,159
  • Edited 3:10am Apr 27, 2019 2:45am | Edited 3:10am
Quoting braintheboss
{quote} I agree with FXMadness. Everybody knows how works but repaint is not that. Repaint is modify past history. Did you see any past levels repainted ( modified after print ). As you use nostrodomo pivots I'm sure is easy for you check it. But you dont forget use same range time. We know the tricks...

every monday the pivot changes...thats repainting..we can argue the definitions but last weeks 100 level may be this weeks 38 level so it can still go down to the "new" 100 level if pivots is all one trades instead of support resistence
buy the rumor,sell the news
  • #1,160
  • Apr 27, 2019 3:07am Apr 27, 2019 3:07am
Quoting braintheboss
{quote} I agree with FXMadness. Everybody knows how works but repaint is not that. Repaint is modify past history. Did you see any past levels repainted ( modified after print ). As you use nostrodomo pivots I'm sure is easy for you check it. But you dont forget use same range time. We know the tricks...

are u catalonian brain or andalusian?....i learned that spanish in high school instead of the mexican kind LOL...i always gave u people credit that u were smarter but if u dont realize that last weeks pivots is what counts in trading just like last weeks high and lows and yeaterdays open and closes matter more than todays prices than i prolly should have learned mexican spanish cause they smarter people LOL
buy the rumor,sell the news
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