Pivot Trading

Quoting v2vboni

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{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

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Quoting akr

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{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

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Quoting Davit

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{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"

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Quoting akr

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{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

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Quoting Davit

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{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}

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Quoting dollarman

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. 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.

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Quoting Davit

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{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}

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Quoting dollarman

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{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...

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Quoting Davit

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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}

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Quoting leescofield

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{quote} Many people use your pivot theory,mix with the TMS system to create their own style . Yes,it works!

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Quoting Davit

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{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

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Quoting dollarman

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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}

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Quoting turch

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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.

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Quoting Davit

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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}

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Quoting Machinator

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{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}

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