Pivot Trading

Quoting Davit

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{quote} I think its lot more simpler ADR maxing out and price reaching 61-100 R/S has high probability outcome trades.Its just probability and that's what I am trading stacking as many odds in my favor as possible Anglator arrows is quick way to see higher TF price action.To give you quick glance what PA is doing without keep clicking and changing charts.Its only a reference not a trading signal by itself. TDI same cross is only reference to confirm PA Number 1 trading signal is PA+key pivots 61-100 RS rest are supporting roles

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Quoting mch1970

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{quote} Once again spot on Davit. Entered a small AU short yesterday at the R100 level. Price then popped up to R138 where added to short and then watched it fall hard to R61. Total +830 pips. Have a small residual AU position to see if price can make it's way down towards weekly pivot. {image} Follow up to my ACHF short. Initially entered at R100 - taking +200 pips down to R61. Price then moved back up to R100 again, so reloaded shorts all the way down to the weekly pivot for another +225 pips. {image} {image}

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Quoting mch1970

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Don't usually trade UC on the long side, however felt this was a good opportunity, especially given price moved away from pivot so quickly in the first part of the week. Exited this morning for +400 pips. Have left a small residual position, as have CAD employment data this afternoon. Have set profit target in the gap between current high of week and the weekly pivot - so will see how this trade unfolds later today. {image}

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Quoting Davit

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closed NU +210pips Price is having difficulty breaking 38R at 7355 {image}

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Quoting mch1970

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{quote} Another target achieved for +200 pips. Even though CAD employment increased, the Unemployment rate ticked up 0.1% to 7% causing a spike in UC. Had positioned for a move towards the weekly pivot and was duly reached. Loving this method. Done for the week now and account growth of +22% this month already. I would echo Davit's comments that it only takes a few well executed trades, with positions built in small increments to allow a monthly target of 10% to be achieved.

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Quoting bakamx

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Making some nice pips on GBP-USD! Thanks Davit and the rest of the pivoteers! However, I am taking a beating on USD-CAD... Davit can you give me some ideas on how to deal with these types of situations (I dropped an image on my previous post #2500). Thanks everyone and green pips to all! {image}

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Quoting makron

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EA short R38, strong resistance, TL, PA, div, shark pattern {image}

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Quoting mmhasan

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{quote} Wow ,amazing Dear brother Davit i am on NC short ,price has just bounce from the pivot level ,will be hold NC short for long term and there are more short to reload from Key Resistance, R78 R100 area , and @ AU price has just break the pivot area and struggling to break and if price break the pivot area AU may go down to key Support area, S78 S100 , (blue box) and @ AN price is again creating oppurtunity to reload AN longs for long term, price is going down to key Support area (blue box) {image} {image} {image} {image}...

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Quoting thirdpillar

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{quote} this allows the trader to be looking for a profitable exit when the trend based system has only just given an entry signal. perfect example {image} +177 pips thanks for sharing these golden insights

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Quoting Davit

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I may have to rethink my entries on EA price is way too bullish gladly entered only 20% of my lot size.I may close this next week as loss. MM were really pushing the Euro crosses up today. EA was in a range but in summer months and my concern is with big boys in action now this range can bust open.The huge space above what concerns me Great trading everyone and I warmly welcome the new pivoteers Lets pile those pips next week {image}

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Quoting Davit

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{quote} try this {file}

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Quoting Davit

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{quote} welcome! Easy part is relative to experience,I had guys earlier on my thread Chiko catalin_eros toksy lukyman guitar cchersia(specially this guy) and many others either could not make pips or not ready to trade for real no longer post and frankly I careless only 10% in anything tries hard. lets see how long you will last To be honest this works for people Like Arjun,Mch1970,Mraam Fibo38 pipsniper007 mmhasan and more because they are ready for this material. And I understand vast majority here will chase another system within a month.That's...

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