Did you find pivot levels not as useful with your new strategy?
thx
thx
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My Trading General following Davit Pivot Strategy 2 replies
Bollinger Band Confluence Trading 16 replies
Confluence Trading Adventures 0 replies
Trading based on Confluence 20 replies
Confluence Trading 30 replies
DislikedDid you find pivot levels not as useful with your new strategy? thxIgnored
DislikedLet me add that this is confluence trading and I will periodically post harmonics fibs and pivots. To me trading is like symphony lots of things come together for great music. The more I mature as a trader better I see things Importance of 10EMA Its a line in the sand that works on all TF's and together with TDI which is RSI+MA works real well. My TDI setting is faster then default.Its my preference. My preferred TF is 15 30 and once price clears my entries I like to maximize the distance TP I am firm believer that winners must run longer then losers. 1st week of march 18% gain {image}Ignored
Disliked{quote} funny you ask a question after I post a pivot chart and stated that I use it.paying attention is critical in trading.That goes for reading. {quote}Ignored
DislikedYes, I read that, but your latest templates show me that you don't use fibs on the lower tfs. I was just wondering. thx {quote}Ignored
Disliked{quote} Hi Dave Let me illustrate if I can how I see the market and same for most professional traders. When artist paints he/she usually always outlines the overall composition,steps back,adds corrections and shading and details. Artist does not add detail without the foundation sketch ready. Same in trading you must look at higher TF to see where price is in relation to S/R Fibs,pivots,harmonics then zero in for a kill. That's how I trade.I build positions.Instead of 1 position I could have as many as 10 on single pair. Lower TF is for entries...Ignored
DislikedMy trading is involving.Happy to say I am better now then before and still have much to learn.Learning never stops If you want to follow me here are my indicators and template. {file} {file} {file} {file} {file} {file} {file} {file}Ignored
DislikedHi Davit Something to test out Here is angleator with added W1 and MN1 and also ability to adjust periods etc, upload correct TDI as well for angleator {image} {file}{file} Also i have added 50 fibo pivot line as 50 seems to be popular for traders, and also added the option to select just the avg of last weeks high and low without close as it seems more of a fibo style so with this option the 50 lines will be previous weeks high and low also, a few screens below of the options combined anyway might be worth looking at{image} {image} {image}...
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