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Trading An Edge...

  • #621
  • Sep 30, 2020 1:49am Sep 30, 2020 1:49am
Quoting pointlessfor
{quote} Dax is better than sp500 trading with pivots ? i see you trading only Dax . and its enough i think
it's about the level of volatility, they both work fine but on S&P you need to trade larger lots sizes and smaller movements by a factor of roughly 4
  • #622
  • Sep 30, 2020 1:50am Sep 30, 2020 1:50am
short below S1.
BE hit
50% closed +15
Attached Image
  • #623
  • Sep 30, 2020 1:57am Sep 30, 2020 1:57am
long now
above -12.

BE hit
Attached Image
  • #624
  • Sep 30, 2020 1:58am Sep 30, 2020 1:58am
Quoting MaxDoom
{quote} it's about the level of volatility, they both work fine but on S&P you need to trade larger lots sizes and smaller movements by a factor of roughly 4
i need EA to closed 50% after 20 pips reached. do you have one ?
  • #625
  • Edited 2:27am Sep 30, 2020 2:04am | Edited 2:27am
Long at break back inside yday low
Edit: half of +30
Closed another half +50
closed rest +50
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 288 KB
  • #626
  • Sep 30, 2020 2:05am Sep 30, 2020 2:05am
Quoting pointlessfor
{quote} i need EA to closed 50% after 20 pips reached. do you have one ?
I have fingers ....
just put an order in advance
  • #627
  • Sep 30, 2020 2:06am Sep 30, 2020 2:06am
Quoting MaxDoom
DAX - LONG long off the W-PP I mainly avoid DAX trades before the actual market opens at 8am UK time but this is a particular setup worth the entry. {image} To find out more and get free Pivot Prof Scanner follow this link ► Pivot Prof - Trading An Edge
I am still running this long atm currently +60
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 25 KB
  • #628
  • Sep 30, 2020 2:07am Sep 30, 2020 2:07am
Quoting MaxDoom
{quote} I have fingers .... just put an order in advance
Thats works for my netting account superbly. Not sure if MT has an in built functionality.
  • #629
  • Sep 30, 2020 2:08am Sep 30, 2020 2:08am
Quoting MaxDoom
{quote} it's about the level of volatility, they both work fine but on S&P you need to trade larger lots sizes and smaller movements by a factor of roughly 4
do you only trading london session ?
  • #630
  • Sep 30, 2020 2:09am Sep 30, 2020 2:09am
Quoting goldfish3
{quote} Thats works for my netting account superbly. Not sure if MT has an in built functionality.
that is why I place 2 same sized orders each time, so I can close one.
If you look closely at my charts you will often see the buy/sell price is disfigured where they have slightly different entry prices...
  • #631
  • Sep 30, 2020 2:11am Sep 30, 2020 2:11am
Quoting MaxDoom
{quote} I have fingers .... just put an order in advance
i should re - enter again ... failed ..
  • #632
  • Sep 30, 2020 2:11am Sep 30, 2020 2:11am
Quoting MaxDoom
{quote} that is why I place 2 same sized orders each time, so I can close one. If you look closely at my charts you will often see the buy/sell price is disfigured where they have slightly different entry prices...
ahhhhh. I see. I thought you were just doing half and half to be sure not to risk the entire position in case the speculation turns wrong. I get it now
  • #633
  • Sep 30, 2020 2:18am Sep 30, 2020 2:18am
Quoting MaxDoom
{quote} I am still running this long atm currently +60 {image}
hey max I noticed that my chat does not have the line D-mS1 12775 did you include this in manually or it is a setting I am missing.

Your strategy is excellent.....
  • #634
  • Edited 2:56am Sep 30, 2020 2:35am | Edited 2:56am
Quoting MaxDoom
DAX - LONG long off the W-PP I mainly avoid DAX trades before the actual market opens at 8am UK time but this is a particular setup worth the entry. EDIT: Closed 50% +78 {image} {image} To find out more and get free Pivot Prof Scanner follow this link ► Pivot Prof - Trading An Edge
some explanation as to why I thought this could be a big setup....
the coexistence of the W-PP and 38% level in this structure should at the very least provide a reasonable trade if not an excellent one...
and I would call +125 excellent
Attached Image (click to enlarge)
Click to Enlarge Name: DAX 20-09-30 Ab.png Size: 55 KB
  • #635
  • Sep 30, 2020 2:39am Sep 30, 2020 2:39am
Quoting MaxDoom
DAX - LONG long off the W-PP I mainly avoid DAX trades before the actual market opens at 8am UK time but this is a particular setup worth the entry. EDIT: Closed 50% +78 EDIT: Closed Remainder +125 at D-PP, D-Open, M-PP {image} {image} To find out more and get free Pivot Prof Scanner follow this link ► Pivot Prof - Trading An Edge {image}
Closed out the remaining 50% +125
  • #636
  • Sep 30, 2020 2:41am Sep 30, 2020 2:41am
short dax below M PP
50% closed +20
BE
closed remainded +47
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB
  • #637
  • Edited 2:52am Sep 30, 2020 2:42am | Edited 2:52am
DAX - SHORT

EDIT: Closed 50% +24
EDIT: Closed Remainder +37

Simple, effective low drawdown trading.....

Attached Image (click to enlarge)
Click to Enlarge Name: DAX 20-09-30 Ba.png Size: 29 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 12 KB


To find out more and get free Pivot Prof Scanner follow this link ► Pivot Prof - Trading An Edge
  • #638
  • Sep 30, 2020 2:46am Sep 30, 2020 2:46am
Quoting MaxDoom
DAX - SHORT EDIT: Closed 50% +24 {image} To find out more and get free Pivot Prof Scanner follow this link ► Pivot Prof - Trading An Edge
i do 2 positions now. like you said before. thanks for sharing information .
  • #639
  • Sep 30, 2020 2:52am Sep 30, 2020 2:52am
here trading only dax now. i started from today with small SL trades . only with pivots.
My start today is good. thanks Max for great charts and explanation
  • #640
  • Edited 3:09am Sep 30, 2020 2:52am | Edited 3:09am
Was out on the road but managed +91 on the long, now short on the break of yesterday's lows
EDIT: And out +23 on the short
EDIT 2: This is my last week of trading from my phone as my medical training is now finished so from next week i can get back to pin point entries and post more charts
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