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  • #141
  • Sep 9, 2020 3:57am Sep 9, 2020 3:57am
Quoting fxmajsterek
Hi Max I am glad that you have opened a new thread and what's more with the tool you use . I will definitely be watching and have to use your tool

"A very wise/good choice my friend"

  • #142
  • Sep 9, 2020 4:01am Sep 9, 2020 4:01am
Quoting MaxDoom
{quote} Entries will vary from day to day depending on the price action, no way to predict that. I don't know what literature you are reading so cannot comment, but sounds like an artificial limit to me. Opportunity is driven by Price action, market hours and levels. Trading outside core hours will result in more erratic results. Most people use Standard pivots, the very fact that most use them make them more reliable imo. You cannot physically trade the DAX as it is an index, so you have to trade a derivative like a CFD, Future etc. most derivatives...
OK price action I understand so any time of day

I read the secret of pivot boss, franklin Ochoa

If you use R3.R2,R1,DPP,S1,S2,S3 and the price went outside of R3, or S3 what you do? switch to camarilla I still have level 4 and L5 cover the range for orientation ... what to expect like overshoot, pullback etc

OK I understand you use the main level DPP, R1, S1 R2S2 R3S3 for triggering entry order, after that to monitor profit/loss you just use support resistant, horizontal levels, trend line break, general PA technique
  • #143
  • Sep 9, 2020 4:07am Sep 9, 2020 4:07am
Quoting MaxDoom
{quote} nice of you to say chap
Let the thread develop like 7 years ago

Inserted Video
  • #144
  • Sep 9, 2020 4:22am Sep 9, 2020 4:22am
Quoting ntk
{quote} If you use R3.R2,R1,DPP,S1,S2,S3 and the price went outside of R3, or S3 what you do?
I see what you are thinking, but just because Camarilla has R4 & S4 does not mean it is a bigger range.
Camarilla pivots generate a much smaller range as follows:

TODAY
DAX
Camarilla S4-R4: 12737 - 13074 = 337 point range
Standard S3-R3: 12479 - 13399 = 920 point range

EURUSD
Camarilla S4-R4: 1.1738 - 1.1807 = 69 pip range
Standard S3-R3: 1.1687 - 1.1873 = 186 pip range

So I guess the question is what will you do when you run out of range?
  • #145
  • Sep 9, 2020 4:24am Sep 9, 2020 4:24am
Quoting fxmajsterek
{quote} Let the thread develop like 7 years ago https://www.youtube.com/watch?v=t-8K...nnel=EagleRock
long time ago that... Rick and Francis actually came to my party back in the early 80s caused all sorts of trouble
  • #146
  • Sep 9, 2020 4:45am Sep 9, 2020 4:45am
DAX M5 it seems to form the right S-part of a SHS pattern ... is it a possible PA?
  • #147
  • Sep 9, 2020 5:09am Sep 9, 2020 5:09am
SPX pending order on DPP for retrace
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  • #148
  • Sep 9, 2020 6:48am Sep 9, 2020 6:48am
Quoting Dingoman-two
{quote} "A very wise/good choice my friend"

Default fibs can help sometimes as well folks.

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  • #149
  • Sep 9, 2020 7:08am Sep 9, 2020 7:08am
Quoting Dingoman-two
{quote} Default fibs can help sometimes as well folks. {image}
agreed but only if they correspond with pivots and S/D zones imo.
  • #150
  • Sep 9, 2020 7:10am Sep 9, 2020 7:10am
Quoting goldfish3
{quote} agreed but only if they correspond with pivots and S/D zones imo.

Not so my friend,
I was referring to the areas where there are no P-P - S & R Points.

  • #151
  • Sep 9, 2020 7:48am Sep 9, 2020 7:48am
Quoting goldfish3
SPX pending order on DPP for retrace {image}
closed +20. not much. downtrend too strong
  • #152
  • Edited 8:44am Sep 9, 2020 8:02am | Edited 8:44am
some longer term EU buys off monthly S1. To support USD bearishness.
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  • #153
  • Sep 9, 2020 8:38am Sep 9, 2020 8:38am
In at the break of DR1.... and out for a few
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  • #154
  • Sep 9, 2020 8:42am Sep 9, 2020 8:42am
Quoting Stev1929
In at the break of DR1.... and out for a few {image}


waiting to see what S&P does here at D-PP now NY is open - if breaks then DAX should lift
  • #155
  • Sep 9, 2020 8:43am Sep 9, 2020 8:43am
Quoting MaxDoom
{quote} waiting to see what S&P does here at D-PP now NY is open - if breaks then DAX should lift
That's what I am hoping, been trading off my phone last two days, a real
  • #156
  • Sep 9, 2020 8:44am Sep 9, 2020 8:44am
Quoting goldfish3
some longer term EU buys off monthly S1. To support USD bearishness. {image}
risk averaged to half all rest BE to run
  • #157
  • Sep 9, 2020 9:04am Sep 9, 2020 9:04am
Quoting goldfish3
{quote} closed +20. not much. downtrend too strong
Should have waited but no regrets. As long as the prof PP's are there, opportunities are everywhere
  • #158
  • Edited 9:22am Sep 9, 2020 9:09am | Edited 9:22am
DAX Long above the D-Hi and after S&P made above D-PP

EDIT: 50% closed +40 SL to BE

Attached Image (click to enlarge)
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Find out more about trading with Pivot Prof follow this link ► Pivot Prof - Trading An Edge
  • #159
  • Sep 9, 2020 9:49am Sep 9, 2020 9:49am
Quoting MaxDoom
{quote} waiting to see what S&P does here at D-PP now NY is open - if breaks then DAX should lift
that same break echoed in the Dow Jones giving a +107 trade opportunity

Attached Image (click to enlarge)
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Find out more about trading with Pivot Prof follow this link ► Pivot Prof - Trading An Edge
  • #160
  • Sep 9, 2020 9:49am Sep 9, 2020 9:49am
Done for today, managed 61 pips via my phone so happy but prefer the pc!
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