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Pivot Trading

  • #521
  • Jun 14, 2016 12:25pm Jun 14, 2016 12:25pm
Quoting v2vboni
{quote} hi Davit, I am using it, maybe using an older version, I just noticed... I need to download it again from TMS Angleator thread Thanks... my broker is Aussie Based current broker time is 20:00 or 17:00GMT or 12:00 EST
why don't you just download from hereat least you know what I am using...
In trading, you have to be defensive and aggressive at the same time
  • #522
  • Jun 14, 2016 12:27pm Jun 14, 2016 12:27pm
Quoting akr
{quote} Davit, first of all thanks a lot for that promising system. Will try out asap. One question. How did u know the entry here? I cant see any pivots.... Thx Andreas
Hi
If you are rookie trader I highly recommend not trading this.This method requires some experience of reading price action correctly.
I recommend you go system thread and look for "trading made simple"
In trading, you have to be defensive and aggressive at the same time
  • #523
  • Jun 14, 2016 12:47pm Jun 14, 2016 12:47pm
Quoting Davit
{quote} Hi If you are rookie trader I highly recommend not trading this.This method requires some experience of reading price action correctly. I recommend you go system thread and look for "trading made simple"
Thank you. Will do.

I suppose you went short because of the resistance area you marked in the picture. Second time price came in and turned south according to the TDI indicator?

Andreas
  • #524
  • Jun 14, 2016 1:02pm Jun 14, 2016 1:02pm
Quoting akr
{quote} Thank you. Will do. I suppose you went short because of the resistance area you marked in the picture. Second time price came in and turned south according to the TDI indicator? Andreas
no according to price.Price action and yes resistance area. TDI is only a supporting roll.Its a lagging indicator among many.What is important is what is taking place live on the chart.
In trading, you have to be defensive and aggressive at the same time
  • #525
  • Jun 14, 2016 3:02pm Jun 14, 2016 3:02pm
Quoting Davit
{quote} It was thought out.Its part of the inputs Change to "true" I personally prefer it going all the way left because even though weekly pivots change they still remain close to previous week so one glance tells me everything I need to know. cheers {image} {image}
Thanks Davit! I didn't realize that was what it meant
  • #526
  • Jun 14, 2016 10:39pm Jun 14, 2016 10:39pm
. wow this is excellent Davit. This is really motivating. +15% gain already in 2weeks. Am still practicing and working on your system on demo account. soon it will become my second nature.
  • #527
  • Jun 14, 2016 10:56pm Jun 14, 2016 10:56pm
Quoting dollarman
. wow this is excellent Davit. This is really motivating. +15% gain already in 2weeks. Am still practicing and working on your system on demo account. soon it will become my second nature.
Keep practicing
Talk about the power of pivots bouncing from weekly to 38s
Ranging pair EA
Love range pairs best money making situation.Don't believe shit you read on trading books.Range trading is great $$
Trading books are always talking about "trend" and most cases are clueless what that is.
You should have 2 different way approaching pairs.Trending requires larger SL and patience and range requires getting in and out on swings.
totally missed shorting this....
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 53 KB
In trading, you have to be defensive and aggressive at the same time
  • #528
  • Jun 15, 2016 2:55am Jun 15, 2016 2:55am
Quoting Davit
{quote} Keep practicing Talk about the power of pivots bouncing from weekly to 38s Ranging pair EA Love range pairs best money making situation.Don't believe shit you read on trading books.Range trading is great $$ Trading books are always talking about "trend" and most cases are clueless what that is. You should have 2 different way approaching pairs.Trending requires larger SL and patience and range requires getting in and out on swings. totally missed shorting this.... {image}
Hi Davit
I must tell you your system is incredible. All it takes is patience and practice as am seeing. am beginning to see result bit by bit. i think my questions will begin to pop in now as i practice and experience different scenario. From the attached EURUSD 30 chart. when am in profit and PA suddenly turns without getting to any S/R and begin to move against me and TDi crosses down. does that mean i have to close the trade and take whatever little profit i have on the table. or still hold on to see if the PA would turn back to the former direction. Please what would you do in that scenario.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 35 KB
  • #529
  • Jun 15, 2016 6:01am Jun 15, 2016 6:01am
Quoting dollarman
{quote} Hi Davit I must tell you your system is incredible. All it takes is patience and practice as am seeing. am beginning to see result bit by bit. i think my questions will begin to pop in now as i practice and experience different scenario. From the attached EURUSD 30 chart. when am in profit and PA suddenly turns without getting to any S/R and begin to move against me and TDi crosses down. does that mean i have to close the trade and take whatever little profit i have on the table. or still hold on to see if the PA would turn back to the former...
Dollarman thanks for seeing the value of my system...
Your question is excellent and I am surprised nobody asked that here before.Its actually a simple solution-go higher time frame.
1hr 4hr specially.If previous 4h is bull stay in it.Move SL to break even then let price do its thing.Once you are more then 20pip in profit start moving SL closer and closer to protect the profits.
regards
In trading, you have to be defensive and aggressive at the same time
  • #530
  • Jun 15, 2016 6:17am Jun 15, 2016 6:17am
One of my favorite pairs AC is getting close to 38R
put it on your radar
If you look left you'll see strong resistance from previous swings
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADH4.png Size: 43 KB
In trading, you have to be defensive and aggressive at the same time
  • #531
  • Jun 15, 2016 9:48am Jun 15, 2016 9:48am
Quoting Davit
One of my favorite pairs AC is getting close to 38R put it on your radar If you look left you'll see strong resistance from previous swings {image}
Many people use your pivot theory,mix with the TMS system to create their own style .
Yes,it works!
  • #532
  • Jun 15, 2016 1:04pm Jun 15, 2016 1:04pm
Quoting leescofield
{quote} Many people use your pivot theory,mix with the TMS system to create their own style . Yes,it works!
Well whatever works for people...

http://www.bloomberg.com/live
Dovish Fed
In trading, you have to be defensive and aggressive at the same time
  • #533
  • Jun 15, 2016 10:24pm Jun 15, 2016 10:24pm
Quoting Davit
{quote} Dollarman thanks for seeing the value of my system... Your question is excellent and I am surprised nobody asked that here before.Its actually a simple solution-go higher time frame. 1hr 4hr specially.If previous 4h is bull stay in it.Move SL to break even then let price do its thing.Once you are more then 20pip in profit start moving SL closer and closer to protect the profits. regards
Hi Davit.
Wow, thats excellently impressive. Please permit me to call you Lord of the Swing Trading. thanks for sharing your knowledge and experience with aspiring profitable traders here.
  • #534
  • Jun 16, 2016 10:15am Jun 16, 2016 10:15am
Hi Davit,
I still keep saying it your system is incredible. It works like wild fire for me. All am trying to do is build enough confidence practicing the system and am seeing quite impressive result. I thought i should show you this trade i took even right now am still in it. What can you say about it. Was i too aggressive or what do you think. This is to appreciate your time and effort on this system for some of us. thanks man!!
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 30 KB
  • #535
  • Jun 16, 2016 3:17pm Jun 16, 2016 3:17pm
Davit, great system! Thank you very much for sharing it! Could you explain the routine of updating 'davits pivot' indicator? And could you share the settings for the same indicator?

Thanks.
  • #536
  • Jun 16, 2016 10:51pm Jun 16, 2016 10:51pm
Quoting dollarman
Hi Davit, I still keep saying it your system is incredible. It works like wild fire for me. All am trying to do is build enough confidence practicing the system and am seeing quite impressive result. I thought i should show you this trade i took even right now am still in it. What can you say about it. Was i too aggressive or what do you think. This is to appreciate your time and effort on this system for some of us. thanks man!! {image}
I am on same trade but with real $$
Keep honing your skills to spot great entries and do appreciate the feedback! thank you
In trading, you have to be defensive and aggressive at the same time
  • #537
  • Jun 16, 2016 10:53pm Jun 16, 2016 10:53pm
Quoting turch
Davit, great system! Thank you very much for sharing it! Could you explain the routine of updating 'davits pivot' indicator? And could you share the settings for the same indicator? Thanks.
I think its one that took me years to eventually refine in terms of what is important in trading.I am keep building my equity.that's the true test.
Thanks for feedback
don't do anything to pivot indi.It will update new pivots automatically every week.
In trading, you have to be defensive and aggressive at the same time
  • #538
  • Jun 16, 2016 11:06pm Jun 16, 2016 11:06pm
Still waiting for this to break 38RAnd folks who are skeptical of Fibonacci pivots obviously have not looked my charts enough.
The effect price has on it still amazes me.Take the simple chart I posted on AC Price keep bouncing exactly on 38R and lots of examples with deadly accuracy.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM30.png Size: 41 KB
In trading, you have to be defensive and aggressive at the same time
  • #539
  • Jun 16, 2016 11:49pm Jun 16, 2016 11:49pm
Quoting Davit
Still waiting for this to break 38RAnd folks who are skeptical of Fibonacci pivots obviously have not looked my charts enough. The effect price has on it still amazes me.Take the simple chart I posted on AC Price keep bouncing exactly on 38R and lots of examples with deadly accuracy. {image}
Hi Dav!

it doesn't matter that somebody is skeptical,the most important thing that the indicator and its levels works with deadly accuracy as you mentioned.

Here is the gold chart.The beauty of PA with interraction of pivot levels is just amazing.
Thanks a lot for intorducing me with this great tool.

Take care,dear friend!

Rgs.,
David.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD,M30.png Size: 70 KB
Success is nothing more than a few simple disciplines, practiced every day.
  • #540
  • Jun 17, 2016 7:37am Jun 17, 2016 7:37am
Quoting Machinator
{quote} Hi Dav! it doesn't matter that somebody is skeptical,the most important thing that the indicator and its levels works with deadly accuracy as you mentioned. Here is the gold chart.The beauty of PA with interraction of pivot levels is just amazing. Thanks a lot for intorducing me with this great tool. Take care,dear friend! Rgs., David. {image}
Barev David jan
Welcome to participate.

Closed my AC shorts in light of slightly poor CPU but keeping my UC shorts running
+256pips
May get in again at 61-78R zone
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM30.png Size: 45 KB
In trading, you have to be defensive and aggressive at the same time
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