The7 Trading Method Signals Thread

Hopefully it is everyone still with a Xmas hangover, and we may get back to norm over the coming weeks. But I have this feeling like you that we are being manipulated by governments all over. The USA and Japan want to depreciate their currencies to make their exports more attractive, Europe is a basket case and I have a feeling that here in Australia the Reserve Bank will have to lower our interest rates as our higher dollar is hurting our economy.
We, the little fish, will continue at their mercy.
gregben

DOES ANYONE USE PIVOT INDICATOR?

Everyone should check this out to see if they have same indicator. Banks might be using this pivot coding!

Tonight at about 11pm or so I saw every pair stop and reverse at exactly the same pivot point. And some,,,,, at the same 2 minute bar...and some 6 hours apart, but all at the same pivot line the software put on the chart. Not Me! This is either the biggest black swan event of the year, or every big bank is using the same indicator now. How can this be coincidence?


Look at this chart! How can the same pivot be respected 3x in 5 hours. And every chart I have shows exactly the same point of reversal! Can anyone go into their own platform, Im not sure if MT4 has exactly the same but I have it defaulted to daily. then go back addit again and cjhoose weekly. dont play with the shorter time frames for now. youll clutter your screen up bad.

any one of you use marketscope? if not try to replicate this and tell me what happens with your pivots. post a chart is even better. This could be a system by itself that just was born today. who knows.......

Now, look at this chart. Different pair. Look how it respects that daily line(pivot. I have weekly pivots on my chart too, but all the lines no matter what color are daily. What has me even mopre excited is I have watched this happening for weeks now. Not all stopping at the same pivot, but that they rarely reach 2 pivots in one day without setting up easy money plays.

Examples: If price breaks thru the 1st pivot, unlike many Fibonacci numbers you can feel very confident about it going at least to the next pivot. But if price goes past it and then starts slowing up and "lazily" doesnt know which direction to choose, it means the big banks cant decide either and you are just gambling. But I confess this is my method I often(not always) use when adding to my position. If the 7 system gets us, lets say for example short, I will not go long just because we stopped at a price pivot, I just wont add onto the trade. But never go against the system. So now if I break thru these pivots I sometimes triple my size, and so far Im almost 90% in not getting stopped out. But I dont get in unless price action shows me its cutting thru that pivot like butter. Then if it does, I add on maybe 10 pips after the pivot and as Ralph Kramden of the Honeymooners says..."AND AWAAAAAY WE GO!"


I dont get excited that often, and 2 out of 3 times its nothing. But one out of 3 times when I think Im onto something big...it is. Didnt any of you wonder how I could make over 1400 pips in a few days and have only 1 or 2 open positions on all my trades. I showed you my live plays. You saw they were still open.I was using exactly the same system you were. I just used those pivot lines to tell me when not to add on more lots. Thats all I did different from what I can see.

Ok, I asked a few of you in private to do some research for me. 6 of you in fact. But this is the most important thing to dig into,for all of our sake don't you guys agree? We might have something pretty big here. But I want to know for sure.

Now...look at this chart and how it seems like the same banks are playing both pairs, am I right!

What if I showed you 10 charts that all look the same????????????????????????

i dont see the aud/chf long, to be honest. not according to the7 rules.

Silat50,
See chart with AutoPivotIndicator_ver5 on it. You will see at the point you indicated, that it coincided with the MonthlyR2 and DailyS2 on my chart, giving it I guess power at that point. Also you will see that this level also held the previous day adding to the support at that level.
gregben

Clearer this chart

greg, your chart is very interesting too. But now i just added a weekly and like yours...a monthly pivot and they dont even show up yet. so the codes are not the same. also, how often will you get a monthly pivot? can you add in the daily pivots and lets see how many more points they give both on that chart and another pair? I find if i put 4 hr,daily and 60min pivots, its too much for me, so iuse daily and weekly or daily and 4 hr if there is no weekly.. ok lets see what your charts show.................. -)

See EU and EJ charts of pivots. The indicator shows all Hourly, Daily and Monthly Pivot and S & R levels
I have attached indicator

Ok, lets look at my chart. the black lines being my bands of course. as soon as the next to last bar went right thru the bottom band and also took out the high of that short, it was a long, right? im not going to disqualify it for going thru 2 bands. you wouldnt short that under the system would you? For me...I must go long.

I mean forget the system for a second...how often do you see a huge bar like that getting taken right out the next day. one out of 50 times tops? I like my odds a lot on a long like that;

And just for laughs and giggles, if I "do" see 2 opposing engulfing bars like that, i try hard to find a reason NOT to trade it because usually chaos and whipsaw is coming right behind it. Do you agree?

Add the midpoint lines for the daily floor pivots and you will see the beginning of your sell/short at midpoint line 3 on the Nzd/Jpy 1 hour chart

ps. the pivots stay on the screen no matter what timeframe you change it to

checkz, Im not sure what you mean by midpoint line? I have daily and weekly pivots set up there. the only way i get different size lines(shorter ones in fact) is if i add in 60 m and 240m pivots. i dont want them for this system. so what am i missing?

and greg, the fact that the pivots stay the same ,doesnt make it less incredible that all of my pairs hit that exact price and bounced give or take 3 or 4 ticks. also, no, on my software all the pivot lines do not stay the same.I must always use at least the same or higher time frame pivot as the candle time.

Also on 60 min candles, I just find because i really dont want to use other indicators for this system, its just a way of giving me a different viewpoint on whether to add to my position or if im watching it to enjoy the movement which you cant really enjoy watching daily bars. The pivots kind of just fell into my lap on the 60 min time frame by accident because when i look at aany pair i try to view the 60, daily and sometimes weekly time frame. All im saying guys is....IT IS WHAT IT IS, BUT THE TRADING HAS BEEN WEIRD CONCERNING THE BIG BOYS TRADING AROUND MY PIVOTS. I have used many other charting software and no pivots to me were worth s&^t!

I also added in just lately zig zags which i alwasy thought were worthless but i find when viewing them, i never want to trade against the longer wave even if its counter trend to the daily chart. just something to not overcomplicate things.

Anyway, the bottom line is something isnt right with the markets. i think all of this maneuvering of the JPY is taking away volume and focus away from other pairs. I mean since when ddi the eur/usd move slower than almost all the JPY pairs? almsot never! what a joke. like i said im happy i gave up daytrading as my main source of income. i couldnt take this every night and every morning. the 7 system is a great swing system. pivots, midlines, whatever you want to add, i have been treated very well by this system. Amen! -)

See you guys tomorrow, im going to try to go to bed soon. happy trading.

Go to pivot parameters and scroll all the way down and change no to yes on show midpoint lines

Silat50 but the candle is touching both emas. I would of taking it cause it was a morning star setup which shoots up right away so to speak. Anyway let's keep the signals coming.

i see your point. but according to the7 rules, if candle crosses both bands, its not a valid signal. hence i stayed out of it.

my audusd short as per the7 method from yesterday is working. currently around +30 pips.

also, as i predicted the inevitable fall of eurusd came today. i jumped in this morning, currently around +50 pips.

short on gu also, +20 thus far.

i will let my audusd short run until opposite signal as per the7 rules. or if a strong reversal signal comes around.


enough trading for today, i think.,

here are the signals to trade the market hours


gbpchf sell

gbpjpy buy

chfjpy buy

audcad sell

audchf sell

gbpaud buy


i shall personally keep an eye on audcad, audchf and gbpaud

i only GBPCHF as a valid signal,i dont see the rest

Me either,
Anyone long UCAD?

I have been long UsdCad for last 3 days. Finally moved a little in my direction. Presently +20
gregben

typo, now fixed