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Pivot Trading

  • #38,781
  • Jul 10, 2021 7:25am Jul 10, 2021 7:25am
last weeks results
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In trading, you have to be defensive and aggressive at the same time
  • #38,782
  • Jul 10, 2021 7:36am Jul 10, 2021 7:36am
Quoting coolazr
Thanks Davit for allowing me to post. I have watched tons of videos on youtube, joined premium courses and signals services but nothing worked for me. There are so many so called mentors who are making money from selling bullshits even they don't know how to trade. This is the only profitable strategy available on FF which is suitable for all type of traders. I am really impressed by Davit who is sharing his secret system with his secret tips ideas etc. God bless Davit. I am the person who has a fear of losing trades even using demo account. But...
Since June 18th you got 1 post here. There is no point asking to allow you to participate then become MIA
Part of learning process is putting yourself out there like Wags does.I know Wags taking trading seriously and I can sense his hunger to succeed.
In trading, you have to be defensive and aggressive at the same time
  • #38,783
  • Jul 10, 2021 7:52am Jul 10, 2021 7:52am
I get PM's all the time people asking how I do it etc.No secret really.

Every Saturday I go over the calendar in detail.Draw a rough idea where prices may go.Example CAD rate is on Weds. Either market dumps CAD until rate decision or buys up then dumps after.So that's on my list to monitor.Trades will be placed accordingly how market decides to move CAD
Every red news is gone over.
Homework done confident
week starts trades are placed according to system.Its as simple as that.When I started this thread here very few threads, traders actually placed any importance to Events on calendar.Noticed lot of them do now. I also see lot of them started placing pivots on their charts.Its obvious this thread has had great influence here and elsewhere.
Lets make thatnext week
In trading, you have to be defensive and aggressive at the same time
  • #38,784
  • Jul 10, 2021 8:40am Jul 10, 2021 8:40am
Quoting Davit
{quote} Since June 18th you got 1 post here. There is no point asking to allow you to participate then become MIA Part of learning process is putting yourself out there like Wags does.I know Wags taking trading seriously and I can sense his hunger to succeed.
Hi Davit I am sorry about that, but you can see most of the time I am online here reading this thread , and in the early I have mentioned that I am going to stop trading for few days and focusing on fundamentals because fundamentals were new for me. I got a fundamental course and it has lot of videos , i just wanted to get some step by step idea about FA. I have completed it. From next week I will start trading and will start posting here.

I have learnt many new things in these days, especially from you and R61 approach. I do respect your thread. Thanks a lot .
  • #38,785
  • Jul 10, 2021 5:46pm Jul 10, 2021 5:46pm
Quoting Davit
{quote} You are asking answers that only you can provide for yourself.Your risk threshold, account size etc are particular to yourself.As I got better as a trader I increased my risk% its way higher then most traders. I think you should trade and see what you are comfortable with.

Thats what i want to minimize my risk to start with and then after a longer period of time i can adjust as my confidence grows

Looking forward to next week as well
  • #38,786
  • Jul 11, 2021 1:24pm Jul 11, 2021 1:24pm
Quoting R61
{quote} There's no secret actually, I watch price around certain zones (61-100), even 38 sometimes, then wait for Price Action to enter on a trade. Also taking in consideration the oncome news/events and ADR range. I manually enter on trades. No scripts.
I understand it now ,It is not hard to do with limit orders and price action as you said .

This is some of my trades last week and I am still in my third trading week now.
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  • #38,787
  • Jul 11, 2021 1:31pm Jul 11, 2021 1:31pm
Quoting Davit
last weeks results {image}

well done mate

By the way i tried to put my trading report like you and others but i could not show for some reason the drawdown and p/l % in the report ?

It look like this :




any one can help me please.

Thanks
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  • #38,788
  • Jul 12, 2021 6:49am Jul 12, 2021 6:49am
Pretty busy week ahead! Specially for CAD NZD AUD!
Currently watching to load on EG GC EN
"In the end you only trade yourself."
  • #38,789
  • Jul 12, 2021 6:53am Jul 12, 2021 6:53am
Quoting Ahmed30
{quote} well done mate By the way i tried to put my trading report like you and others but i could not show for some reason the drawdown and p/l % in the report ? It look like this : any one can help me please. Thanks {image}
You need to set this up on indicator properties.
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"In the end you only trade yourself."
  • #38,790
  • Jul 12, 2021 7:18am Jul 12, 2021 7:18am
Quoting R61
Pretty busy week ahead! Specially for CAD NZD AUD! Currently watching to load on EG GC EN
This was quick.
Closed EN +163 GC +91
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Concentrated my troops on GC instead EG.
Watching PA to reload.
"In the end you only trade yourself."
  • #38,791
  • Jul 12, 2021 7:29am Jul 12, 2021 7:29am
Quoting R61
{quote} This was quick. Closed EN +163 GC +91 {image} Concentrated my troops on GC instead EG. Watching PA to reload.
How did you take GBPCAD trade, Price hasn't reached yet at any Fib or Pivot level? Or You entered this trade on price action only. Thanks
  • #38,792
  • Jul 12, 2021 8:26am Jul 12, 2021 8:26am
Quoting coolazr
{quote} How did you take GBPCAD trade, Price hasn't reached yet at any Fib or Pivot level? Or You entered this trade on price action only. Thanks
Yes, Price Action.
I didn't enter on this trade on an exact pivot level, but took into consideration the zone where the price was..
"In the end you only trade yourself."
  • #38,793
  • Jul 12, 2021 11:32am Jul 12, 2021 11:32am
Quoting R61
{quote} You need to set this up on indicator properties. {image}
Yeah I realise that i have old version of that Report Indicator.

Got the updated one now , Thanks R61.
  • #38,794
  • Edited 11:42am Jul 12, 2021 11:32am | Edited 11:42am
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btcusd always shows a lot of pips. i traded from 11 p.m. upwards. but it is very difficult to act btcusd, i will no longer act in the future btcusd, only conventional pairs. but without btc usd I still made about 135 pips. satisfied for monday
the highest point comes before the fall
  • #38,795
  • Jul 12, 2021 11:36am Jul 12, 2021 11:36am
Quoting R61
{quote} Yes, Price Action. I didn't enter on this trade on an exact pivot level, but took into consideration the zone where the price was..
Well according to the price action,you could win the same trades in same locations twice now... I hope you got it
  • #38,796
  • Jul 12, 2021 11:47am Jul 12, 2021 11:47am
Quoting Ahmed30
{quote} Well according to the price action,you could win the same trades in same locations twice now... I hope you got it
Yes, I took it.
Closed 2nd batch GC +186
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EG GC on watchlist.
"In the end you only trade yourself."
  • #38,797
  • Jul 12, 2021 1:55pm Jul 12, 2021 1:55pm
Havent been able to trade today so far today because of internet problems

But just started to load a few trades on GN

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  • #38,798
  • Jul 12, 2021 2:19pm Jul 12, 2021 2:19pm
Quoting R61
{quote} Yes, Price Action. I didn't enter on this trade on an exact pivot level, but took into consideration the zone where the price was..

Did you take into consideration last weeks high?
  • #38,799
  • Jul 12, 2021 2:24pm Jul 12, 2021 2:24pm
This is since i started with the new reduced symbols trading list last friday, lets see what the rest of the week brings

Open and closed trades

I am enjoying this trading style as it gives me a real clear picture which is something i have never had before in 8 years of trading chaos

With added risk management and learning fundamental skills it is making for a more relaxed approach

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  • #38,800
  • Jul 13, 2021 6:21am Jul 13, 2021 6:21am
Quoting Wags
Havent been able to trade today so far today because of internet problems But just started to load a few trades on GN {image}

I am with you in this trade but i get out as tommorow are nzd interest rate news.
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