Pivot Trading

Dow didn't even make any attempt to fill the gap. That's always a bad sign.

For me trading pivots makes it easy to stay onside. Sell at resistance and buy at support. There's nothing on this chart that shows people should be buying. If anything people should be going balls deep selling.

Hello Deltaone, my Fellow FF Member,

We are Davit´s Cult followers ? Deltaone, you may be jeoulous as it reflects a deep anxiety seen in malignant narcissists with very poor self esteem. Think about this as it only hurts you.

Well, here is a devoted follower of Davit for several years. In fact, until recently due to illness, shared my monthly documentation of this thread from its inception. Unfortunately, I have had to stop to focus on my recent illness and pull my money out of my live account for major upcoming surgeries.

Nonetheless, here is a new Demo account only 4 days ago using multiple micro trades of 0.01 to keep me going based on Davit´s strategies that are given here free of charge to all - even for you.

First, my private Dashboard based on Davit´s Pivot Trading to keep an overall look at the activity of the best currencies as described here followed my active Charts with multiple alarms set to contact my cellphone for new Pivot locations, TDI crossing and closed trades:

TA-DA !!!!



Sorry for the lack of discourse on Fundamentals as it is beyond my abilities...unfortunately as I am sure I would do much better. But, personally it is too much thinking and guessing on what could happen. As a trained Anesthesiologist, I was never allowed to leave to much to chance inducing, maintaining and reversing the general anesthesia needed for surgery - NOTHING to chance yet prepared for the potential worse !

So, I am too stressed trying to predict outcome of geopolitics, media experts, and especially trying to pridict all the big MMs (including most Fx Brokers) and Rebot Servers around the world that take Retailer's money (us) to trade against us !

Note that I did overtrade here no doubt, but the FX Broker places you on a Demo automatically with a $10,000 pl,ay moneu and a 1:200 leverage. However, despite this, I traded with multiple 0.01 Pip Lots and No or Soft SL levels and trying not affecting the DD that much with the relatively tiny trades versus the total account - actually exactly how the large MMs and Banks do as well.

Note IMHO, that ny focus is keeping the "Edge" as noted by MD, Davit and others. The key is keeping your strategy trading the PA with the PVTs so the the PF remains > 2 and DD < 20% overall. The money then follows with P>>L. as long as you watch your Capital i.e. traing only 1-5% of you total account using your "Edge" approach.

I cannot wait to restart a live account again as before. to apply what I have learned here from Davit and Friends !

I wish you all luck as there is so much brilliant information by all participants here.

All the best,
John

C-R-A-Z-Y DAY PIVOTEERS !!!!!
Fear , greed , uncertainty , etc.
Let's see what tomorrow brings.
This forum has empowered me to be capable of making the correct decision for me to stay OUT OF THE MARKET TODAY.
Prior to December 2016 , I probably would have suffered a horribly stressful trading day.
Thanks fella's , can't thank you enough for the difference that you all have made in my ability to view the market , from my perspective.

Green pips to all ,
GE

Thought for consideration.
Possibly see WTI at $44.50 bbl within the next 4-6 weeks.
Hmmmm.
GE

Gold traders just stay patient. Price is heading towards the resistance zone.

Gold Monthly


Gold Weekly


Best regards

Dear John
I had no idea you were ill.I hope whatever it is you get better!You are one of the most prominent pivot members here!

Steve does not hold back.Listen to him.After watching this vid I am convinced its gonna get lot worse before better.Its up to CCP to allow experts to go there and work with them.As of now CCP is not handling well. Love Steve This guy is one of the best patriotic intellectuals left in America.His Type is getting rarer to find.