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Pivot Trading

  • #181
  • May 19, 2016 12:10am May 19, 2016 12:10am
Quoting mraam
{quote} Looks closer to what you posted I think, Cheers Davit, {image}
Its over 10pips off.Will work.
By the way you can make your anglator background transparent so you don't need to have square blue box in chart
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #182
  • May 19, 2016 12:17am May 19, 2016 12:17am
Quoting Davit
{quote} Its over 10pips off.Will work. By the way you can make your anglator background transparent so you don't need to have square blue box in chart {image}
Thanks Davit!
Silence your Ego & Your Power will Rise
  • #183
  • May 19, 2016 3:10am May 19, 2016 3:10am
Quoting Davit
{quote} Hi Rapzy Set a % for the month and hit it once done that then take only A+trades. My goal is 10% a month but I am already close to 18% so I am relaxed.Your problem is size of your account which you aggressively try to build up. For small account try having weekly % goal not daily.This way you are more relaxed to look at price action better without emotional involvement. Try reading this amazing book Will help you {image}
Thanks man,
Didnt have a goal, just trying to get as much then small acct led to over trading and emotions. Thanks again.
Looking back at the lost trades, found out that my judgement was not too clear.
Will follow your advice and read the book.
Hope I will be able to set a reasonable weekly target. Have any ideas?

Thanks again.
cheers
  • #184
  • May 19, 2016 3:39am May 19, 2016 3:39am
Out, back in!
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  • #185
  • May 19, 2016 5:40am May 19, 2016 5:40am
EURJPY look for bounce up.up up up
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  • #186
  • May 19, 2016 9:43am May 19, 2016 9:43am
Hi Davit just joined after reading all the previous pages. Only a couple of hours has taken there is not much to ask is all there quite clear except if I may ask. You know there is always a but!...I have noticed that some of Your charts have extension over 100 being 138, 161 etc. Is this a new Indicator or did I miss something because on my chart the extreme are no more than 100. Also please I understand You enter a trade when You have confirmation of both FIB and TDI. The point is that being the FIB Pivot showing at the same level for every TF but not so on the TDI. We can have a crossing of the TDI at 15m but not at 1H. Now Do You wait for the Big TF the 1H one crossing or the 15m would be OK? I am asking this because usually a crossing happens always on a shorter TF. I was thinking most probably Davit will enter the trade on the shorter TF only after a retracement for confirmation. I am not an expert still learning and I hope my questions are pertinent to the way You Trade. Thank You very much and have a good day trading Ralfy
  • #187
  • Edited 10:12am May 19, 2016 9:51am | Edited 10:12am
Hi Guys
this is a set up I posted before taking the trades so you guys can see what I am looking at in terms of trading pivots

Edit PA is in range now.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #188
  • May 19, 2016 9:55am May 19, 2016 9:55am
Quoting ralfy
Hi Davit just joined after reading all the previous pages. Only a couple of hours has taken there is not much to ask is all there quite clear except if I may ask. You know there is always a but!...I have noticed that some of Your charts have extension over 100 being 138, 161 etc. Is this a new Indicator or did I miss something because on my chart the extreme are no more than 100. Also please I understand You enter a trade when You have confirmation of both FIB and TDI. The point is that being the FIB Pivot showing at the same level for every TF...
Hi Ralfy
PA hits major pivots
A.I look for behavior price action mostly rejected candles tall tails 15min up 1hr
B.Price breaks I get in once TDI confirms it 15-30min. I don;t care about H4 or daily.I trade swings.Price can drop 100+pips in 4hrs hence previous H4 is nullified.
C Ride the trade to next pivot.

On extensions there is a PDF on harmonics on clipboard.Read it if you have not.
regards
In trading, you have to be defensive and aggressive at the same time
  • #189
  • May 19, 2016 10:15am May 19, 2016 10:15am
​Mr Davit You are really a Gentleman. One cannot expect more than that. Thank You with all my heart for such a clear and speedy answer. I would have offered at least a drink for that but unfortunately I live in UK and You in USA I believe. Thanks again all the best and have a good day . I will certainly follow your advice reading what You suggest and keeping following You on this Thread
  • #190
  • May 19, 2016 10:56am May 19, 2016 10:56am
Quoting ralfy
!...I have noticed that some of Your charts have extension over 100 being 138, 161 etc. Is this a new Indicator or did I miss something
No it's just davits pivot, when you place it on a chart there is a setting in imputs to use. The one near the bottom of the applet saying " show all S&R to 200%. change false to true will make the indicator show all to 200%
"You know what needs to be addressed , completely completely reverse that".
  • #191
  • May 19, 2016 12:09pm May 19, 2016 12:09pm
Closed EA
PA is in range so taking my profits +165pips in 4 positions
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In trading, you have to be defensive and aggressive at the same time
  • #192
  • May 19, 2016 12:14pm May 19, 2016 12:14pm
Quoting Kmw
{quote} No it's just davits pivot, when you place it on a chart there is a setting in imputs to use. The one near the bottom of the applet saying " show all S&R to 200%. change false to true will make the indicator show all to 200%
Thanks friend for explaining!
In trading, you have to be defensive and aggressive at the same time
  • #193
  • May 19, 2016 12:46pm May 19, 2016 12:46pm
squeezed another 35pips on EA
Pivot close at 55 so anticipating a bounce to reload.
Got 3 shorts on UC running

Note that higher TF EA is red so downside has higher probability.
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In trading, you have to be defensive and aggressive at the same time
  • #194
  • May 19, 2016 12:54pm May 19, 2016 12:54pm
Quoting Davit
squeezed another 35pips on EA Pivot close at 55 so anticipating a bounce to reload. Got 3 shorts on UC running Note that higher TF EA is red so downside has higher probability. {image}
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Reversal 100 EUR/USD
  • #195
  • May 19, 2016 12:54pm May 19, 2016 12:54pm
No it's just davits pivot, when you place it on a chart there is a setting in imputs to use. The one near the bottom of the applet saying " show all S&R to 200%. change false to true will make the indicator show all to 200%[/quote]

Hi Kmw
Perfect I have done it and works Thank You
  • #196
  • May 19, 2016 1:05pm May 19, 2016 1:05pm
Daily pivot works for me in ranging market .... e.g. Tokyo session ....
Position sizing, risk & phycology management are real definition of trading
  • #197
  • May 19, 2016 1:26pm May 19, 2016 1:26pm
Quoting cchersia
{quote} {image} Reversal 100 EUR/USD
I prefer to think as bounce.
Could be a reverse but bear momentum is great considering all Feds talk about interest rate hike.
In trading, you have to be defensive and aggressive at the same time
  • #198
  • May 19, 2016 1:30pm May 19, 2016 1:30pm
Still waiting for EA bounce to reload shortsabove 55
Hope not drop without me...
In trading, you have to be defensive and aggressive at the same time
  • #199
  • May 19, 2016 1:33pm May 19, 2016 1:33pm
Quoting Hr4x
Daily pivot works for me in ranging market .... e.g. Tokyo session ....
please post your trades.
In trading, you have to be defensive and aggressive at the same time
  • #200
  • May 19, 2016 2:03pm May 19, 2016 2:03pm
Quoting Davit
{quote} please post your trades.

Today's some entries on NU ... 15m TF .... only short positions taken from daily pivot (blue line)
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Position sizing, risk & phycology management are real definition of trading
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