Pivot Trading | Page 1619 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #32,361
  • Nov 1, 2019 11:18am Nov 1, 2019 11:18am
I've been testing this system for only 3 days...works really great. It certainly helps that I have been trading for 9 years, so using price action for my trading decisions is second nature for me.
Attached Image (click to enlarge)
Click to Enlarge Name: Pivot Trading last 3 days.PNG Size: 29 KB
  • #32,362
  • Nov 1, 2019 11:25am Nov 1, 2019 11:25am
Quoting Olarion1975
I've been testing this system for only 3 days...works really great. It certainly helps that I have been trading for 9 years, so using price action for my trading decisions is second nature for me. {image}
Well done on the trades and your're well ahead of most.
Trade with confidence, trade without fear.
  • #32,363
  • Nov 1, 2019 11:37am Nov 1, 2019 11:37am
Quoting Olarion1975
I've been testing this system for only 3 days...works really great. It certainly helps that I have been trading for 9 years, so using price action for my trading decisions is second nature for me. {image}
Welcome
For experienced traders this systems is cash cow and why I dont deviate change system every month been trading Pivots for years now unchanged.
Trading is complicated at first but due to gaining experience become simpler but to reach this simplicity one perhaps has to shed lot of skin.
Hope you stick around
In trading, you have to be defensive and aggressive at the same time
  • #32,364
  • Nov 1, 2019 11:40am Nov 1, 2019 11:40am
Hi guys got back home from work. UP on all my trades now just waiting to maximize gains
classic Pivot R failure GC
CJ same strong classic Pivot support+82 whole number
UC took it confident of red NFP sill in profit despite of decent NFP R100
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM30.png Size: 44 KB
In trading, you have to be defensive and aggressive at the same time
  • #32,365
  • Nov 1, 2019 11:53am Nov 1, 2019 11:53am
trades like CJ should of been easy to spot.Seriously guys if you can't make money from my system dont waste my time or yours.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM30.png Size: 40 KB
In trading, you have to be defensive and aggressive at the same time
  • #32,366
  • Nov 1, 2019 12:08pm Nov 1, 2019 12:08pm
Just want to refresh you guys. I trade mostly towards fundamental direction example EN was swing low but due to Euro zone weakness I prefer to have the MM push the price up and I sell EN by buying much better fundamentally NZD.
Its how I see pairs some I trade both ways like AC but Euro pairs I prefer to sell unless its great spot like my last Month EC longs which I made great money 4450-45 was bargain. Dont see that on EN.I think it could drop easily to 72 and below.Brexit is looming, Red Data slowing Euro Zone is screaming recession..
Anyway I hope I conveyed something of value.
You dont have to think like me or trade like me but this is how I trade.I always prefer having fundies pushing my sails.
Daily candles and weekly EN is pushing down why I prefer selling the rallies in addition to fundamental reasons.

Funny by just typing this post I made extra 500just waiting
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZDH4.png Size: 54 KB
Click to Enlarge Name: EURNZDDaily.png Size: 36 KB
In trading, you have to be defensive and aggressive at the same time
  • #32,367
  • Nov 1, 2019 12:19pm Nov 1, 2019 12:19pm
Notice harmonic shape and weekly bear candles on EN. Now you know why I dont take every key Pivot trades that are out of sink with fundamentals
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDWeekly.png Size: 72 KB
In trading, you have to be defensive and aggressive at the same time
  • #32,368
  • Nov 1, 2019 12:34pm Nov 1, 2019 12:34pm
Quoting Pip Bull
Kathy Lien of BKForex has added a page she calls the Fundamental Heatmap. It shows her outlook for 8 major currencies based on monetary policy, data, politics and general outlook. https://www.bkforex.com/kathy-heatmap/
nice summaries agree with everything only thing is little out of sink is JPY.Its actually getting stronger...despite of everything else.Safe heaven still it is.
In trading, you have to be defensive and aggressive at the same time
  • #32,369
  • Nov 1, 2019 6:17pm Nov 1, 2019 6:17pm
Hi Guys
Due to security reason not wanting unwanted attention going forward I wont post winning actual numbers.You will know if a trade failed or profitable but actual $$ wont be posted.
If you are so inclined must know you can PM me.thank you
In trading, you have to be defensive and aggressive at the same time
  • #32,370
  • Nov 1, 2019 8:04pm Nov 1, 2019 8:04pm
Time to close this one first thing this coming Monday. +700 pips. This trade is only around 50 pips from first position. But more pips was made because of multiple positions. One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give.

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH4.png Size: 65 KB


Edit: Look at where the price stopped before moving up? Touched the ADR low to the pip.
Patience and Discipline, these are the Holy Grail.
  • #32,371
  • Nov 1, 2019 8:52pm Nov 1, 2019 8:52pm
Quoting marcnathan88
Time to close this one first thing this coming Monday. +700 pips. This trade is only around 50 pips from first position. But more pips was made because of multiple positions. One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give. {image} Edit: Look at where the price stopped before moving up? Touched the ADR low to the pip.
The ADR imo is often overlooked, but i find it extremely powerful with pivots.
Trade with confidence, trade without fear.
  • #32,372
  • Nov 1, 2019 9:44pm Nov 1, 2019 9:44pm
LOCATION (pivots) + LOGIC (fundmentals) = PIP$

Cheers!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 15 KB
Plan your trade and Trade your plan.
  • #32,373
  • Nov 2, 2019 4:48am Nov 2, 2019 4:48am
Quoting marcnathan88
Time to close this one first thing this coming Monday. +700 pips. This trade is only around 50 pips from first position. But more pips was made because of multiple positions. One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give. {image} Edit: Look at where the price stopped before moving up? Touched the ADR low to the pip.
Marcnathanan88, well said, and maybe a small but most important thing to remember about trading. Quote:"One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give".
You NEVER will be the person you could be, without pressure & discipline
  • #32,374
  • Nov 2, 2019 7:21am Nov 2, 2019 7:21am
Quoting Cryptosurf
{quote} The ADR imo is often overlooked, but i find it extremely powerful with pivots.
It's because of you that I understand now how powerful ADR. The way you're using it is something I can consider the proper way os using it. I've never actually seen someone like you use it the way you do. I stand to be corrected if I'm wrong. Nevertheless what matters is Im learning something new from you and the others here.

Learning just never stops.
Patience and Discipline, these are the Holy Grail.
  • #32,375
  • Nov 2, 2019 7:24am Nov 2, 2019 7:24am
Quoting DiamondMiner
{quote} Marcnathanan88, well said, and maybe a small but most important thing to remember about trading. Quote:"One of the best things I've learned in this strategy is that sometimes you don't need big moves to make a lot of pips. You can take advantage of small moves with multiple positions and make more pips than what a swing trade can give".
Thank you. It's an honor to be quoted by someone who's a much much better trader than me.
Patience and Discipline, these are the Holy Grail.
  • #32,376
  • Edited 9:43am Nov 2, 2019 8:14am | Edited 9:43am
Quoting marcnathan88
{quote} It's because of you that I understand now how powerful ADR. The way you're using it is something I can consider the proper way os using it. I've never actually seen someone like you use it the way you do. I stand to be corrected if I'm wrong. Nevertheless what matters is Im learning something new from you and the others here. Learning just never stops.
USDCAD ON Friday was a textbook ADR/PIVOT trade...after nfp it rallied right to the upper adr level to the pip and then proceeded to fall to the bottom atr level...banked +60 on that one trade alone....
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-11-02_0836.png Size: 70 KB
  • #32,377
  • Nov 2, 2019 8:19am Nov 2, 2019 8:19am
Quoting marcnathan88
{quote} It's because of you that I understand now how powerful ADR. The way you're using it is something I can consider the proper way os using it. I've never actually seen someone like you use it the way you do. I stand to be corrected if I'm wrong. Nevertheless what matters is Im learning something new from you and the others here. Learning just never stops.
I had been using them prior to coming across pivots. But it was a bit hit and miss. All we are trading is swing failures/mean reversions.
Pivots+ADR brings attention to key locations.
Trade with confidence, trade without fear.
  • #32,378
  • Edited 12:33pm Nov 2, 2019 9:04am | Edited 12:33pm
Good morning all. Sorry i have been away from FF not posting much, but i am still here observing and trading. I had a good week last week thx to Pivots.

This style really fits me and my mentality. Thank you again to Davit and all the pivotors out there. Truly the best system any where.

Also, I had a chance to go to New York last week and meet and talk with John Bollinger. Really nice event IG put on and i learned alot. I dont use Bollinger bands with pivots but it was nice to hear other peoples views and trading ideas. I look forward to next event they put on. IG had some knowledgeable staff on site that shed some light on the company and broker ideas. Not much to report on but still nice to go.


Results from last week. Lets keep piling the pips

I caught some of the UC move but was late in alot of entries. Well early too

UJ worked out nice for me as well.
Also EC and AN was a good catch

Cheers all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Last Week.PNG Size: 3 KB
Click to Enlarge Name: UC.PNG Size: 66 KB
Click to Enlarge Name: UJ.PNG Size: 47 KB
Click to Enlarge Name: EC.PNG Size: 53 KB
Click to Enlarge Name: AN.PNG Size: 48 KB
If you fail to plan, Plan to fail
  • #32,379
  • Nov 2, 2019 9:13am Nov 2, 2019 9:13am
Quoting Cryptosurf
{quote} I had been using them prior to coming across pivots. But it was a bit hit and miss. All we are trading is swing failures/mean reversions. Pivots+ADR brings attention to key locations.
Lets say your a trader who cannot be at your screen all day....you have only a couple of hours midday to trade.....scan your currencies for those who have reached the outer limits of the adr.....have a glance at US dollar index....and if a weekly pivot is being challenged as London closes overlapping NY .....you can usually take a counter trend trade for some really nice reversions...I find 3 or four a week that help pay for my wife’s expensive tastes lol. Just offering my 2 pips from personal experience.
  • #32,380
  • Nov 2, 2019 12:44pm Nov 2, 2019 12:44pm
Good morning all! I've been busy the last month working on a website and the last week has been really intense as we launched yesterday. I've had my MT4 trader turned off on the computer as it draws too much resources while I'm working on other things. Here's a few charts AJ on a H4 and EU on a daily. I'm still trading I've just cut back on it a little I place my trades and logout.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AJDPH4021119.jpg Size: 474 KB
Click to Enlarge Name: EUDPD021119.jpg Size: 429 KB
Fib Traders get it right 61.8% to 78.6% of the time. NR
106 traders viewing now