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Pivot Trading

In advanced Art class life drawing which I was part of our teacher would have visiting artists demonstrate their skills and we all became better artists because we had fresh ideas concepts thrown in the mix..
You dont need to use harmonics but knowing it does not hurt.Nothing is changed here...focus is still PPE
Life begins at the end of your comfort zon
Quoting Davit
took a loss! Yes guys I do take them. -130 for the month.Lots of days left to turn this around! {image}
It was a stupid trade. GA which I have not touched for years.Greed took over me and I had 1lot position. Got overrun on opening which I closed.Funny part its in profit now......had I stayed little longer but in context of extreme situation (wide gaps,Trump,AUD possible rate cut )I had to kill it
$$ loss is not important what's important that I should of stayed with pairs that I usually trade! Anyway thought you might be wondering about it.
I make mistakes as well but try not repeat it.
Life begins at the end of your comfort zon
Quoting Capitalone1
Hello Traders good day everyone, i have made a short video of the chart in real live just now on EURUSD to proof why traders lose their SL and to proof that it has little or nothing to do with brokers or MM but everything to do with the trader and their entry. Over time traders have seen PP, 50% fibo or even 61.8 fibo as strong levels to make their trading decisions, but today/this week i want to proof to you that PP/of 50% fibo is a bad levels to trade any sell position under this levels is most likely to go lose because price will only rally there...
Agree on 50 which I never rarely paid attention to. 78 I do.
Primary Derived Ratios

  1. 0.786 = Square root of 0.618
  2. 0.886 = Fourth roof of 0.618 or Square root of 0.786
  3. 1.130 = Fourth root of 1.618 or Square root of 1.27
  4. 1.270 = Square root of 1.618

Life begins at the end of your comfort zon
Got in on CADJPY a few hours back
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You NEVER will be the person you could be, without pressure & discipline
Quoting Davit
{quote} Agree on 50 which I never rarely paid attention to. 78 I do. Primary Derived Ratios 0.786 = Square root of 0.618 0.886 = Fourth roof of 0.618 or Square root of 0.786 1.130 = Fourth root of 1.618 or Square root of 1.27 1.270 = Square root of 1.618
Davit there is a few things I do not understand,

1. For me day and night is not the same, only for you when it suits you.
2. While back General Lee was posting charts with harmonics on, YOU said please stop posting, he is confusing new comers to the thread and he did stop.
3.Changed the rules of the game without telling us?
4. I have decided to leave your thread (it was nice before), these days you are having erratic behavioral problems and I personally think that is clouding your judgement on the thread. I think you are starting to show cracks in your walls.

Look @ the picture below, What the FUCK does it show? The pivots on there is just to blind you and the rest just to confuse the rest! This is how the trolls will infiltrate and your thread looses focus. WHAT HAPPEND TO USE MY TPL? Sorry again just for curtain members, again.


Go well.

PS: I will not be like your trolls on FF.
Attached Image
Wait for the Lion to eat and become satisfied and tired
Quoting Davit
{quote} do search harmonics on this thread.Read it.Might gave you a pause before you post.
Respectfully Davit, I agree with the previous poster Egbert. You have said in the past not to use harmonics in posts. So I followed that advice, hence my post today about being flooded with harmonics. Now you are saying the opposite. Please clarify.

Regards,

Trader555

PS I am a great fan of your work and thankful to you for all you provide us.
Quoting Davit
{quote} It was a stupid trade. GA which I have not touched for years.Greed took over me and I had 1lot position. Got overrun on opening which I closed.Funny part its in profit now......had I stayed little longer but in context of extreme situation (wide gaps,Trump,AUD possible rate cut )I had to kill it $$ loss is not important what's important that I should of stayed with pairs that I usually trade! Anyway thought you might be wondering about it. I make mistakes as well but try not repeat it.
I'm in that too.

Please consider that pound move took many by surprise, a sort of over reaction to local elections, but meaningful because related to Brexit that now it seems majority on Britons don't want any more.

However, truth to be told, greed is the worst and most dangerous enemy of a trader.
Porta itineris dicitur longissima esse
Quoting Trader555
{quote} Respectfully Davit, I agree with the previous poster Egbert. You have said in the past not to use harmonics in posts. So I followed that advice, hence my post today about being flooded with harmonics. Now you are saying the opposite. Please clarify. Regards, Trader555 PS I am a great fan of your work and thankful to you for all you provide us.
I'd hardly call it a flood. I don't think Davit is telling anyone to use Harmonics but he has said multiple times that Harmonic Patterns often line up with Pivot Points (not surprising considering both based off Fibonacci) . I personally don't use them but I do find them fascinating. I recommend having a read through CNtraders thread and watch some of his youtube videos.

Knowledge is always useful but obviously just use the knowledge that works for you.
Quoting pent56
{quote} i'd hardly call it a flood. I don't think davit is telling anyone to use harmonics but he has said multiple times that harmonic patterns often line up with pivot points (not surprising considering both based off fibonacci) . I personally don't use them but i do find them fascinating. I recommend having a read through cntraders thread and watch some of his youtube videos. Knowledge is always useful but obviously just use the knowledge that works for you.
you are missing the point,

members are suppose to stick to the 'tpl' and keep harmonics on their computer but not on the posts. I even see moving avareges, those pivots does not even look right, its not weekly(the gaps is to big to the next level)
Wait for the Lion to eat and become satisfied and tired
Greetings everyone,

How are you ?

Currently i have 3 position running: Long on NU - Short on AN and UC.

Take care and have nice day.
Don't be delicated, be vast and brilliant ! [Brent Smith]
Quoting Hyperfire
Greetings everyone, How are you ? Currently i have 3 position running: Long on NU - Short on AN and UC. Take care and have nice day.
Hyperfire
Perhaps you should refer to Davit's Trade Preferences
Attached File
File Type: pdf Davit Weekly Pivot Trading - Trade Entry-Exit GMO vs 2-05 2-19-19.pdf   175 KB | 546 downloads
Oil working to close Gap? Stalling at DO?
Will JPY Pairs follow soon?
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Quoting Egbert
{quote} Davit there is a few things I do not understand, 1. For me day and night is not the same, only for you when it suits you. 2. While back General Lee was posting charts with harmonics on, YOU said please stop posting, he is confusing new comers to the thread and he did stop. 3.Changed the rules of the game without telling us? 4. I have decided to leave your thread (it was nice before), these days you are having erratic behavioral problems and I personally think that is clouding your judgement on the thread. I think you are starting to show...
chain breaks at weakest link
safe journey
Life begins at the end of your comfort zon
Quoting Trader555
{quote} Respectfully Davit, I agree with the previous poster Egbert. You have said in the past not to use harmonics in posts. So I followed that advice, hence my post today about being flooded with harmonics. Now you are saying the opposite. Please clarify. Regards, Trader555 PS I am a great fan of your work and thankful to you for all you provide us.
I think you should practice reading skills.
Quoting Davit
In advanced Art class life drawing which I was part of our teacher would have visiting artists demonstrate their skills and we all became better artists because we had fresh ideas concepts thrown in the mix.. You dont need to use harmonics but knowing it does not hurt.Nothing is changed here...focus is still PPE
Quoting Davit
Guys focus on PPE and you'll be fine.Trading is always learning experience.Does not hurt understanding why Fib pivots works.
you are removed

I admire people who have critical thinking capacities.On this thread there are real traders and they are time wasters.You decide what camp you want to be in.If time wasting you will eventually be rooted out.
Life begins at the end of your comfort zon
Quoting Pent56
{quote} I'd hardly call it a flood. I don't think Davit is telling anyone to use Harmonics but he has said multiple times that Harmonic Patterns often line up with Pivot Points (not surprising considering both based off Fibonacci) . I personally don't use them but I do find them fascinating. I recommend having a read through CNtraders thread and watch some of his youtube videos. Knowledge is always useful but obviously just use the knowledge that works for you.
Right understanding.I find it ironic and revealing that weakest traders get bend out of shape with slightest detour on the road where everyday in the markets is fresh new roads.Adaptability is critical for any aspiring trader!
When you have synthesized core Pivot trading values ,methods then nothing can shake you and you can read harmonics, fiction, math, music, chess,art and be aggrandized person/ trader instead of diminished trader.
Life begins at the end of your comfort zon
In the forex journey everyone has to find what works for them .... there is only 1 persons trades /indis/results you have to worry about ... YOUR OWN .....make your own way ,,use what works for you and concentrate on your account ... Thanks Davit for something that makes profits cheers SP
Quoting Davit
{quote} I am thinking much lower 1.48 Oil recovery slowly may taker place 2019 once current inventories get consumed. 60-70 range After Dec 20 UC may drop to 1.30 and lower hence EC should easily reach 148 and lower
I'm amazed at the accuracy of this. Davit is ahead of time!

Finally done reading 1.5k pages.
Observed the market in sidelines & caught up on reading last week as I was feeling under the weather.
Have about 2k+ screenshots in my spare old phone which I use it purely for forex stuffs.
Gotta take some time to compile it into PDF & categorise the posts or make a short note.
Gonna start trading live in the next few days. Acc is being set up.

Attached is my news calendar for the week

Green pips fellow pivoters!
Attached File
File Type: docx 5 May ? 12 May 2019 FX.docx   124 KB | 109 downloads
Quoting Egbert
{quote} you are missing the point, members are suppose to stick to the 'tpl' and keep harmonics on their computer but not on the posts. I even see moving avareges, those pivots does not even look right, its not weekly(the gaps is to big to the next level)
brother i think you react to fast,really. let Davit decide what he accept here or not. I see also time to time some posts who may not be 100% in agreement with this thread way but believe me i use time to better focus on my charts,and i let Davit manage his way here.

Quoting Capitalone1
Hello Traders good day everyone, i have made a short video of the chart in real live just now on EURUSD to proof why traders lose their SL and to proof that it has little or nothing to do with brokers or MM but everything to do with the trader and their entry. Over time traders have seen PP, 50% fibo or even 61.8 fibo as strong levels to make their trading decisions, but today/this week i want to proof to you that PP/of 50% fibo is a bad levels to trade any sell position under this levels is most likely to go lose because price will only rally there...
My view is a bit different since i dont use mt4 fibo tool, i use weekly fibo pivots and i am watching for some guidance also from high's and low's.
If we look at the bad zone to sell you say then i agree is at W1 pivot, but then the good sell zone you spot i consider it too early in this case you recommend,and that because i see things different on my charts. I believe that 76.4 ''good sell '' is still to early for EU if price will reach that level. and that is because we are still near pivot and not enough far away from it.
If you ask me i will wait EU even to break R61 or more up and only then to see if there's any possible correction. your stop level is in fact where i will start look at chart and hunt for possible correction,but thats me.
hope my post don't bother ,if that's the case then i can remove it very easy.
cheer up!
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Take what you can, give nothing back
Dear Husky77 you are right but like i said last night in my post which attach you still have it here on this reply.One the market is a computer programme programmed to work like wall clock that is why it repeat it self over and over, ones a cycle get completed another cycle starts the same pattern over and over.

First this post you are referring to is just for H1 consolidation that is not the major sell off for EURUSD and i believe it can not go down more than 50 to 60 pips, but the major move is in the 4H which i tried to use white line to divide the one cycle the market have completed already and the next one we heading to that why i labeled it major sell, i hope you can understand it looking at the screen short and the explanations.

God bless we all.
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Quoting Capitalone1
Dear Husky77 you are right but like i said last night in my post which attach you still have it here on this reply.One the market is a computer programme programmed to work like wall clock that is why it repeat it self over and over, ones a cycle get completed another cycle starts the same pattern over and over. First this post you are referring to is just for H1 consolidation that is not the major sell off for EURUSD and i believe it can not go down more than 50 to 60 pips, but the major move is in the 4H which i tried to use white line to divide...
whatever does work for you is all good mate.
cheer up!
Take what you can, give nothing back
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