Pivot Trading | Page 46 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #901
  • Jun 30, 2016 7:15am Jun 30, 2016 7:15am
we could see big moves on UC in 15min
projection is positive
This may effect cross pairs like NC AC EC got some running on AC
Attached Image (click to enlarge)
Click to Enlarge Name: Capture3.PNG Size: 2 KB
In trading, you have to be defensive and aggressive at the same time
  • #902
  • Jun 30, 2016 7:16am Jun 30, 2016 7:16am
Quoting Davit
{quote} nice work.I recommend taking the arrows off.You don't need it.Train your eyes and mind.Arrows can show conflicting data. While you are on it take all EMA and MA's out as well. Myth of moving averages are just useless garbage people use over and over without substantive data to back it up.At any time price is hitting some MA and question is so what?Price is not moving up or down because it hit 34 24 18 50 etc MA's.Its a myth. What I am trading is actual fear and greed measured by the fibs.This is different independent of any moving averages.MA's...
Agreed - I'm slowly peeling away the layers of indicators built up over time. Old habits die hard.
What's encouraging though, is that in trading this method this week, my focus was on PA around the pivots and S/R levels, rather than the indicators on my chart, so a step in the right direction.
  • #903
  • Jun 30, 2016 7:20am Jun 30, 2016 7:20am
Quoting mch1970
{quote} Agreed - I'm slowly peeling away the layers of indicators built up over time. Old habits die hard. What's encouraging though, is that in trading this method this week, my focus was on PA around the pivots and S/R levels, rather than the indicators on my chart, so a step in the right direction.
over time you will become lot more confident and successful trader.
In trading, you have to be defensive and aggressive at the same time
  • #904
  • Jun 30, 2016 7:21am Jun 30, 2016 7:21am
Quoting fibo38
{image}
I have calendar on my template for a reason.Why would you buy before a major news release? You might get lucky but its a sucker move
In trading, you have to be defensive and aggressive at the same time
  • #905
  • Jun 30, 2016 7:53am Jun 30, 2016 7:53am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.M30.png Size: 42 KB


Don't you just hate when this happens when price moves way more than expected how do we project targets and stop losses with this method?
  • #906
  • Jun 30, 2016 8:00am Jun 30, 2016 8:00am
Quoting BugattiBoy
{image} Don't you just hate when this happens when price moves way more than expected how do we project targets and stop losses with this method?
its called price action

I decided if you guys won't use my indicators then I most likely will ban you to post here.Its useless teaching someone who already has baggage from previous systems etc.
Not gonna let this thread become like most others degenerate to chaos.

Your question is idiotic considering title of this thread Pivots.Its a hint.You ask one more stupid question and you are out.
No time for people who don't even read this thread.
In trading, you have to be defensive and aggressive at the same time
  • #907
  • Edited 8:45am Jun 30, 2016 8:27am | Edited 8:45am
Usd/chf h4 beob.

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-h4-international-capital-markets.png Size: 27 KB
'Fail to plan, plan to fail'
  • #908
  • Jun 30, 2016 8:36am Jun 30, 2016 8:36am
Long AJ
Attached Image (click to enlarge)
Click to Enlarge Name: AJ Long 001.png Size: 27 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #909
  • Jun 30, 2016 9:02am Jun 30, 2016 9:02am
Quoting Davit
{quote} thanks for the nice post.Seriously I prefer no praises.I prefer seeing winning trades. About GU and EU to me best stay out of shorts and look at the other pairs until things settle down on both pairs.Fundamentally US economy is slowing down and Feds won't be talking IR hike until 2017 so we could see big corrections on cross the board.This is the background I operate. Regards
Thank you dear Brother Davit , understanding fundamental slowly ,,will pay more attension from now to at look other pairs for nice setup ,
  • #910
  • Jun 30, 2016 10:25am Jun 30, 2016 10:25am
Hi Davit!
First time tried your method on Demo just to have a feel of PA and pivots...
GJ Trade H1 for +243 closed at the previous structure on left.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-H1.png Size: 34 KB
Winners Never Quit, Quitters Never Win
  • #911
  • Edited 11:03am Jun 30, 2016 10:49am | Edited 11:03am
hi Davit, congratz for your thread.
subscribed

You use W1 Pivots even when trading M15?
  • #912
  • Jun 30, 2016 12:00pm Jun 30, 2016 12:00pm
Quoting Pat Chiko
Long AJ {image}
AJ End of Scalping

Need to find a better moving pair in next trade.

Thanks Davit for sharing this Great Strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: AJ Long 002.png Size: 30 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #913
  • Jun 30, 2016 1:30pm Jun 30, 2016 1:30pm
Davit, I took off some of the indicators from your template simply because I don't use them, but can you tell me how to use the DOL indicator? Is the purpose to trade away from it?
"An investment in knowledge pays the most interest."
  • #914
  • Jun 30, 2016 3:17pm Jun 30, 2016 3:17pm
Quoting hsn100
Hi Davit! First time tried your method on Demo just to have a feel of PA and pivots... GJ Trade H1 for +243 closed at the previous structure on left. {image}
Question remains for you "can you pull the trigger on live account?"
I am not fan of demo trading. Minimum trade mini account so you care what you do and develop trading psychology.Demo has zero impact on the mind.
regards
In trading, you have to be defensive and aggressive at the same time
  • #915
  • Jun 30, 2016 3:18pm Jun 30, 2016 3:18pm
Quoting Pat Chiko
{quote} AJ End of Scalping Need to find a better moving pair in next trade. Thanks Davit for sharing this Great Strategy. {image}
Hi Pat you are welcome.You will find ton of set ups every week.With enough patience and PA reading you can easily go more then 10% monthly.
regards
In trading, you have to be defensive and aggressive at the same time
  • #916
  • Jun 30, 2016 3:20pm Jun 30, 2016 3:20pm
Quoting hsn100
Hi Davit! First time tried your method on Demo just to have a feel of PA and pivots... GJ Trade H1 for +243 closed at the previous structure on left. {image}
Try transparent option on angelator settings so it blends with the chart background and does not stick out like blue box.
In trading, you have to be defensive and aggressive at the same time
  • #917
  • Jun 30, 2016 3:22pm Jun 30, 2016 3:22pm
Quoting Kei78
Davit, I took off some of the indicators from your template simply because I don't use them, but can you tell me how to use the DOL indicator? Is the purpose to trade away from it?
That's cool I just hate people posting charts with added indicators specially that stupid support and resistance one.
Everything on my chart has a purpose and that's why I can go 95% winning rate and 51% equity gain in one month.
In trading, you have to be defensive and aggressive at the same time
  • #918
  • Jun 30, 2016 4:47pm Jun 30, 2016 4:47pm
I got these ones right, 110 pips waiting for me when I woke up just now. Two sell limits, a TP was set as well but didn't come near to that. Now to do it again
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-07-01_0540.png Size: 33 KB
"You know what needs to be addressed , completely completely reverse that".
  • #919
  • Jun 30, 2016 4:52pm Jun 30, 2016 4:52pm
Quoting Kmw
I got these ones right, 110 pips waiting for me when I woke up just now. Two sell limits, a TP was set as well but didn't come near to that. Now to do it again {image}
but why you sell there? When u take sell entry tdi did not cross and dont show any s/r level, it is violation of rule , it would be your own style
  • #920
  • Jun 30, 2016 9:32pm Jun 30, 2016 9:32pm
Hi Davit,

I found the following pairs to be good for newbies...

AUDNZD
AUDCAD
NZD/CAD
EURGBP

They all seems to have Low ADX and Low Volatility

Can you add more which might be good for us?

Thanks.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
3 traders viewing now