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Pivot Trading

Quoting 1pipperhour
Started 2nd quarter positive. As I take DD very seriously, I'm posting DD graph as well. Paying close attention to DD may also be the reason I don't earn colossal percentages because I'm not risking much. All this is for capital preservation. Earning over 3% a year (yes, year) is actually good. My average annualised return at the moment is showing 65%, reason to be satisfied. I'm not here to impress anyone (because let's be honest, numbers are not that impressive, compared to some), just trying to show what can be done without risking the whole...
Does the graph say that your max drawdown was 2.70%? Or am i reading it wrong. If that is the case i think you could easily double your current position sizes without much worry.
Pivots doesnt work they say... It is BS they say... Davit is a scam they say...

Here's what I say!




Monthly results for April, thanks again Davit for your teaching!
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UsdCad and GbpUsd closed, about to close EurUsd too as I will be away from screen for the big news upcoming.

Holding EurGbp short and AudJpy long
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EG
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Quoting TamRoofer
Pivots doesnt work they say... It is BS they say... Davit is a scam they say... Here's what I say! Monthly results for April, thanks again Davit for your teaching! {image}
Greetings everyone.

What they say is regarded to wrong mindset, wrong entry, late entry and so on people who do not understand the process have to find an exscuse for everything.
Some post ago, i've share my result the first time i've say was "UJ Wrong position" because i took it without respect the main logic of Davit strategy, unfortnately some people are afraid to say " Good Lord i make a mistake " let them talk, let them fail once they understand the entire process you will see they regret what they say (if they will understand it of course)

Take care, and nice result Tam ! Keep it up ! Have nice day!
Don't be delicated, be vast and brilliant ! [Brent Smith]
Quoting asgharhussai
{quote} i am deciding my moves on Davit's strategy watching PA always and also focused on the swings for example you can see this PA is bearish and WP is my entry point because you can see on H4 tf PA touched several time to WP but not able to break it means i can enter from that point {image}

I think there is one more factor that should be considered. LOCATION
but what exactly is LOCATION?
Look at the larger TFs, DIARY, WEEKLY AND MONTHLY and you will know if you are on the correct side of the highest probability
Quoting daywalker654
{quote} Thank you for your reply. I still don't feel confident enough to shoot from WP. And quite careful from 38s as well. That's why I'm asking Green pips
I understand you are right
Quoting Davit
Watch AC AUD took one on the chin last night on Chinese PMI but honestly numbers were not terrible it was slight red but not really red.I maybe a minority but still bullish on AUD against the CAD JPY and NZD {image}
Ditto Davit... in too early @ last week's s61 but looks like it's finding some demand. I'm also long UC.

On the topic of focus & paying attention...I've been on the fxTrade platform since '13 & all from my phone for the last 4 years. I only just discovered the pivot tool a few days ago under the drawing tab. I sware, sometimes it's just not easy being me. It omits the 38 & 78 but I can live with that. Thanks too all for the posted charts. You kept me out of the dark till I was able to find the light switch

Thanks for the advice Mundo. Image edited to suit...i think? This post was/is really about letting others know that they can take their pivots with them for users of the fxTrade mobile platform. The "thread ìndicators" are only an option on desktop mt4 and since I trade only from my phone, you will never see them on my charts.....and why this is only the 2nd chart I've ever posted while reading here since nearly the threads beginning. And just to be clear....i am not one of ''those "people" '
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Yeoman the "Tough Luck" Trader =p
Quoting Yeoman
{quote} Ditto Davit... in too early @ last week's s61 but looks like it's finding some demand. I'm also long UC. On the topic of focus & paying attention...I've been on the fxTrade platform since '13 & all from my phone for the last 4 years. I only just discovered the pivot tool a few days ago under the drawing tab. I sware, sometimes it's just not easy being me. It omits the 38 & 78 but I can live with that. Thanks too all for the posted charts. You kept me out of the dark till I was able to find the light switch...
My friend it is image on your post that gets people ignored and then run around spreading lies and throwing tantrums. I understand you might trade with certain "tools" but when posting it is as easy as removing them taking screenshot then posting with threads indicators. It is this lack of "focus & paying attention" that urks Davit and others don't understand and criticize.

Just my advice
Invest in Life
Quoting Davit
My advise dont sell GU better let MM push it down then you buy it up.Should drop before the Feds tomorrow When trend and fundamentals shift I prefer to go with the market.Market is bullish on the GBP hence I will only buy the dips. Hope this makes sense.I prefer to trade towards most logical direction.Selling GU at this point in my view would be considered a counter trade. Since Feds statement tomorrow carries so much weight and negative sentiment built in and USD so high corrections are natural reactions hence GU could...
This short move to downside on XXXUSD isn't just the exaggerated ADP positive numbers...it is what this post is referring to. ISM Manufacturing expected negative. FOMC and Fed Rate might double down.
Invest in Life
I am watching for overbought on GU (H4), despite several reasons for the advance
The Fed is expected to leave interest rates unchanged and some project FED will open the door to rate cuts later this year.
Trump wants the Fed slash rates by one percent, but his wishes are unlikely to become reality anytime soon.
Hi guys called sick today

Look at GC hit 78R then drop now bounced to 61R.In my view nice trade to short
GU should drop minimum 50-75pips that would be 2x faster on crosses.
Without going too much into this there are dozens of trading systems based on not 1st move but bounces after so called "confirm" traders.
Idea is basically second dip.This I have been doing for years not just 2nd but 1st 2nd and 3rd
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In trading, you have to be defensive and aggressive at the same time
Quoting GreenEarth
DAVIT , ".....you're simply the best. Better than ALL the rest......." And you always will be , in my opinion. I am a 56 year old , retired Firefighter and YOU have taught me more about LIFE , ART , PERSPECTIVE , MINDSET , ATTITUDE , SELFLESSNESS , PHILANTHROPY, just to name a few area's , than all of my previous Teacher's and Instructor's put together. A serious concussion ended my Professional career. YOU have had a very large part in my recovery , and will continue to be a part of my recovery for the rest of my life. YOU are the reason why 2...
GE you are a great guy and wish you success and your boys.Just execute the trades based on system and you'll do fine.
Thank you
In trading, you have to be defensive and aggressive at the same time
similar set up on EN
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In trading, you have to be defensive and aggressive at the same time
Quoting Davit
Hi guys called sick today Look at GC hit 78R then drop now bounced to 61R.In my view nice trade to short GU should drop minimum 50-75pips that would be 2x faster on crosses. Without going too much into this there are dozens of trading systems based on not 1st move but bounces after so called "confirm" traders. Idea is basically second dip.This I have been doing for years not just 2nd but 1st 2nd and 3rd {image}
I use this Harmonic tool since I cannot do this on my own. I look for Perfect Gartley on Daily or 4hr. They are gold for me and usually lands on Fib 38.2 and occasionally keeps running to 61.8. Have been doing this for years.
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Invest in Life
Quoting Mundo
{quote} I use this Harmonic tool since I cannot do this on my own. I look for Perfect Gartley on Daily or 4hr. They are gold for me and usually lands on Fib 38.2 and occasionally keeps running to 61.8. Have been doing this for years. {image}
my philosophy always been if it works for you do it.
In trading, you have to be defensive and aggressive at the same time
Greetings everyone.

Davit, can i ask a permission to post an indicator here ?
I'll post a video that explain it, i think can be helpfull to some people want make a calculation of sl/tp of every order (pending and istant execution too).
Let me know if i can share it

Thank you in advance.

(For indicator read 2 post below)

Inserted Video
Don't be delicated, be vast and brilliant ! [Brent Smith]
Quoting Hyperfire
Greetings everyone. Davit, can i ask a permission to post an indicator here ? I'll post a video that explain it, i think can be helpfull to some people want make a calculation of sl/tp of every order (pending and istant execution too). Let me know if i can share it Thank you in advance. https://youtu.be/1vMHDg8U368
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
{quote} my philosophy always been if it works for you do it.
i use Harmonic too, but as a filter. but pivot system still king
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Thank you Davit,

Here the indicator, and in the meantime screen of GC (was unable to resist eheh)

Later !

Direct link of MQL site for the indicator : Link
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Attached File(s)
File Type: ex4 Lines Profit Loss.ex4   36 KB | 452 downloads
Don't be delicated, be vast and brilliant ! [Brent Smith]
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