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Pivot Trading

  • #781
  • Jun 27, 2016 6:14pm Jun 27, 2016 6:14pm
Price action at s38

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  • #782
  • Jun 27, 2016 6:22pm Jun 27, 2016 6:22pm
Thanks for creating this trade, Davit.
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  • #783
  • Jun 27, 2016 6:31pm Jun 27, 2016 6:31pm
Quoting beingfree
Thanks for creating this trade, Davit. {image}
You welcome friend!Love seeing those +pips
In trading, you have to be defensive and aggressive at the same time
  • #784
  • Jun 27, 2016 6:32pm Jun 27, 2016 6:32pm
Quoting inforserve
Price action at s38 {image}
nice going
In trading, you have to be defensive and aggressive at the same time
  • #785
  • Jun 27, 2016 6:40pm Jun 27, 2016 6:40pm
Quoting Nostromo
{quote} Davit, Thanks very much for this hugely informative post! I have a couple of questions; 1) Do you often find that after splitting your $500 investment into 10 lots that price moves in your favor faster than expected and you only manage to place say 3 or 4 tenths before it is time to sell? I am still trying to get my head around the Multiple Entry-Single Exit approach. I realize it is for experienced traders and I can see the advantage in the sense it 'averages down' your entry point leaving you free to concentrate on a good exit point. The...
Hi Nostro
Its 10mini lots average.Usually its less.I add sometimes trades very close like 5pips apart.Everything depends how price moves.If I don't manage to enter all lots then that's not an issue just less profits.To me its about hitting monthly goal. Set % then try to hit it. Mine is 10% a month minimum and often exceed that %
Its important to get overall concept in trading

Place your starting equity and % and how many months and see where you will be in 5years.
http://www.forex21.com/forex-compounding-calculator/
In trading, you have to be defensive and aggressive at the same time
  • #786
  • Jun 27, 2016 6:45pm Jun 27, 2016 6:45pm
Love to see a bounce on AC 9640's would be nice to hammer shorts
Guys I share a little insight.Love rangy pairs they are best $$ makers
Pairs like AN AC NC EC often range. last month I made over 15% on AC alone.This is opposite of what you read on trading books.Most trading books are always emphasize trends but honestly Forex 70% is in a range.This is a paradigm shift usually happens after decent experience in trading
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In trading, you have to be defensive and aggressive at the same time
  • #787
  • Jun 27, 2016 6:50pm Jun 27, 2016 6:50pm
Range trading had been successful

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  • #788
  • Jun 27, 2016 6:54pm Jun 27, 2016 6:54pm
Quoting inforserve
Range trading had been successful {image}
AN after dropping to 0450 has been unable to break 0500 so its up and down and up and down.My bias is up from these levels.
In trading, you have to be defensive and aggressive at the same time
  • #789
  • Jun 27, 2016 6:59pm Jun 27, 2016 6:59pm
What is possible?
45.5% equity gain this month.
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In trading, you have to be defensive and aggressive at the same time
  • #790
  • Jun 27, 2016 7:49pm Jun 27, 2016 7:49pm
Quoting Davit
What is possible? 45.5% equity gain this month. {image}
Excellent !!!! I wish I like have this kind of equity curve.
  • #791
  • Jun 27, 2016 8:20pm Jun 27, 2016 8:20pm
Quoting inforserve
Price action at s38 {image}
AUD/USD H4 BUOB. similar movement Infor.
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'Fail to plan, plan to fail'
  • #792
  • Jun 27, 2016 8:29pm Jun 27, 2016 8:29pm
I closed it out. Still feeling it out. Thank you again Davit. What would be nice if you could give an online seminar for about 1 1/2 hour. 1hr 15min for explaining exactly how you do it. Fundamentals, PA, TDI and pivots. I can spare $100.00usd. Just a thought. Thanks.
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  • #793
  • Jun 27, 2016 8:30pm Jun 27, 2016 8:30pm
The other 15min for q&a.
  • #794
  • Jun 27, 2016 8:40pm Jun 27, 2016 8:40pm
Closed it out approx. 9:36pm est. I know it was probably a lot more pips to go. Still a little wet.
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  • #795
  • Edited 8:59pm Jun 27, 2016 8:42pm | Edited 8:59pm
Quoting beingfree
I closed it out. Still feeling it out. Thank you again Davit. What would be nice if you could give an online seminar for about 1 1/2 hour. 1hr 15min for explaining exactly how you do it. Fundamentals, PA, TDI and pivots. I can spare $100.00usd. Just a thought. Thanks. {image}
Can't do seminars not my style.I just share for benefit of others but you need screen time.Nothing can be substituted.Trading psychology takes time.You can have all the right knowledge.tools ,methods and still lose because you may not have enough screen time experience to deal with your mind.
Just spend time trading and things will start taking shape.Lot of what I do now is automatic....
If you can survive 1st 2years without blowing accounts you have a shot in trading.Most traders start making money real money from 5th year+.Just takes time.
When I look back shit mistakes I did from my rookie years I can't believe how much $$ I wasted.I guess it was a tuition money.Demo trading teaches little.Without having pressure on your mind with real money you won't grow as a trader.Everyone makes money on demo and brokers know that and that's why they lure new blood by making it look like you can do it with real money...Well most find out soon that's not the case.Don't demo at minimum trade penny amounts but enough that you care what you do.Train your mind.
I got PDF on clip board.Read it.
In trading, you have to be defensive and aggressive at the same time
  • #796
  • Jun 27, 2016 8:48pm Jun 27, 2016 8:48pm
Thank you for that input. It's nice making 84 pips in less than 2 hours. You are truly a blessing.
  • #797
  • Jun 27, 2016 8:55pm Jun 27, 2016 8:55pm
Another successful trade. TP hit.
It's like I have GPS in my car. Thanks Davit !!!

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  • #798
  • Jun 27, 2016 8:58pm Jun 27, 2016 8:58pm
Quoting inforserve
Another successful trade. TP hit. It's like I have GPS in my car. Thanks Davit !!! {image}
guys thanks for posting winning trades.Its inspiring!
In trading, you have to be defensive and aggressive at the same time
  • #799
  • Jun 27, 2016 9:01pm Jun 27, 2016 9:01pm
I posted EG not being able to break 8350 now its 83...
Observe the levels and follow PA
In trading, you have to be defensive and aggressive at the same time
  • #800
  • Jun 27, 2016 9:05pm Jun 27, 2016 9:05pm
I just closed the EG for a little. I'm really starting to like this pipin . Goodnight ALL. I have to get ready for the job . Thanks for sharing. Peace.
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