Pivot Trading | Page 1896 | 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

  • #37,901
  • Nov 24, 2020 11:23am Nov 24, 2020 11:23am
I know I said am done posting here but can't help trying to help pivoters here and traders in general.
In addition to pivot rules and overall PPE Pivots Price action Events understand following on every time you sit in front of computer to trade.


Recognize market conditions.Very important.System is best when prices ranging like today.Understand if market is ranging or trending.System works either way.
Maximize gains by repetition of trades same move on bounces and dips.This is in my view takes your trading to higher level that is you are not seating days and days for "set up" when you can milk money from same move over and over.Know when to fold take the loss and yes I take losses!Contrary what you read here by idiots. Someone posted here saying Pivots are BS.Well to incompetent trader Pivots and for that matter all technical indicators are BS.They are just tools but you need to know how to use them!
Some idiot wrote this system is counter trend system.Not true system works either way.Focus is on SWING!
Carry on.
In trading, you have to be defensive and aggressive at the same time
  • #37,902
  • Nov 24, 2020 11:43am Nov 24, 2020 11:43am
Quoting Davit
Remember guys maximize your gains example GC short out wait for a bounce 7430-50 or so then short again.Its capitalizing mini waves the bounces. I read on the Trading forum one trader was advising another "its not realistic to make 500-1500 a day trading" I had to chuckle. Some Traders do it every day!Don't let other people's short vision stop you! {image}
take a look at GC still same swing!
In trading, you have to be defensive and aggressive at the same time
  • #37,903
  • Nov 24, 2020 7:29pm Nov 24, 2020 7:29pm
  •  Ekim7
  • | Joined Nov 2019 | Status: Having the time of my life | 70 Posts
Awesome to see everyone killing the pivot swings!

I've been missing just because I've pretty behind work, but wanted to say thanks to Davit and everyone else for keeping the thread alive
Why would you want to leave your house when you can make bank at home while saving lives? Heath and wealth
You should really listen to what Davit says
  • #37,904
  • Nov 24, 2020 7:49pm Nov 24, 2020 7:49pm
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 47 KB
We obey the structure that results from the market's reaction
  • #37,905
  • Nov 25, 2020 12:05am Nov 25, 2020 12:05am
GC market structure is trend up (see from higher TF H4) - PA shown by HH HL, and price at Wp.
Buy at dip.. price above 21MA. For me its higher Prob.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM30.png Size: 69 KB
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #37,906
  • Nov 25, 2020 3:59am Nov 25, 2020 3:59am
Quoting andy_l
GC market structure is trend up (see from higher TF H4) - PA shown by HH HL, and price at Wp. Buy at dip.. price above 21MA. For me its higher Prob. {image}
Hi Andy
Its best you go over Pivot trading principles in general. GC H4 is not bull and daily is also engulfing bear candle.Swing top going down.Fundamentally vaccine on the near horizon crude oil going up CAD getting stronger.
regards
In trading, you have to be defensive and aggressive at the same time
  • #37,907
  • Edited 7:44am Nov 25, 2020 4:38am | Edited 7:44am
Thanks for the information sir.. need to analyse with higher TF and other factors
Trading GC = small lost.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 68 KB
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #37,908
  • Nov 25, 2020 8:12am Nov 25, 2020 8:12am
NC looks to be setting up again
  • #37,909
  • Nov 25, 2020 10:17am Nov 25, 2020 10:17am
I'm milking EG this week

Attached Image


Both ways..
May the Force be with you.
  • #37,910
  • Nov 26, 2020 2:20am Nov 26, 2020 2:20am
Quoting Davit
{quote} Hi Andy Its best you go over Pivot trading principles in general. GC H4 is not bull and daily is also engulfing bear candle.Swing top going down.Fundamentally vaccine on the near horizon crude oil going up CAD getting stronger. regards
some people are the quiet type, and have watched, practiced, and now implement the collective protocols of this thread for years.

it’s always a better place (this thread) when you are here. Just my 2 cents. :-)
A snails pace wins the race :-)
  • #37,911
  • Nov 26, 2020 9:40am Nov 26, 2020 9:40am
Quoting JustPipMe
{quote} some people are the quiet type, and have watched, practiced, and now implement the collective protocols of this thread for years. it’s always a better place (this thread) when you are here. Just my 2 cents. :-)
I am just learning about pivot trading. I should come by this thread more often.
If you're gonna be a bear, be a grizzly
  • #37,912
  • Nov 28, 2020 5:21am Nov 28, 2020 5:21am
A good week all round

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-27-20 at 04.32 PM.PNG Size: 14 KB


I still have some NC drawdown which in hindsight I should have closed out on the Tuesday correction. However I'm sure the coming week(s) will offer ample opportunity as NC looks ripe to turn over.
  • #37,913
  • Nov 30, 2020 9:23am Nov 30, 2020 9:23am
Trade results today:
UJ - S, miss the bounce to sell again
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 71 KB

EG - S
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 71 KB
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #37,914
  • Edited 10:14am Nov 30, 2020 9:58am | Edited 10:14am
Low hanging Fruit:
EJ - S
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 58 KB

EG - S
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 62 KB
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #37,915
  • Edited 10:37am Nov 30, 2020 10:24am | Edited 10:37am
Missed Low Hangging Fruit.. (High Prob)
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 59 KB



Closed EG - keep hammering down
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 64 KB
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #37,916
  • Nov 30, 2020 11:34am Nov 30, 2020 11:34am
Quoting andy_l
{image} Winter... In Boston, MA I like winter season..
It's so beautiful there
  • #37,917
  • Nov 30, 2020 1:31pm Nov 30, 2020 1:31pm
Quoting Swede
Dont be offended by my daily chart....I use this method every day to guage where we are in the stream of time....but note the hourly chart for entries, still true to the pivot trading Davit drove into my trading psychology...Euro reaction to major resistance and of course ADR for a nice 60 pip scalp... {image}
why then so complex. Just leave out the pictures without any meaning for this forum, that makes it easier. Please stick to the principles of this forum.
the highest point comes before the fall
  • #37,918
  • Dec 1, 2020 9:49am Dec 1, 2020 9:49am
Short EC now.Great opportunity for almost risk free. 56 bargain!
In trading, you have to be defensive and aggressive at the same time
  • #37,919
  • Dec 1, 2020 9:52am Dec 1, 2020 9:52am
EN - B
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH4.png Size: 65 KB
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #37,920
  • Dec 1, 2020 10:38am Dec 1, 2020 10:38am
Quoting Davit
Short EC now.Great opportunity for almost risk free. 56 bargain!
Loading some shorts on EC
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM15.png Size: 50 KB

Just my favorite pair.
"In the end you only trade yourself."
3 traders viewing now