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Pivot Trading

  • #2,621
  • Sep 13, 2016 6:22am Sep 13, 2016 6:22am
Quoting hammadshahir
Can someone code alert when prices touches S100 OR R100?
Hi please keep the alerts bells and whistles out of this thread.Try tech forum.I am trying to share and teach trading not auto pilot shit.You must see what PA is doing in between pivots and overall.Its my 1st warning and if you continue I will remove you from this thread.
thks
In trading, you have to be defensive and aggressive at the same time
  • #2,622
  • Sep 13, 2016 6:31am Sep 13, 2016 6:31am
Perfect bounce on EG WP
previously failed to break 38R
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #2,623
  • Sep 13, 2016 7:24am Sep 13, 2016 7:24am
EJ comes to good SR+pivot. Pay attention
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  • #2,624
  • Sep 13, 2016 7:44am Sep 13, 2016 7:44am
Quoting Davit
{quote} No I posted earlier that I was waiting for rebound. Just do want to mention that I know you are a beginner trader and this is advance trading,Takes about 3yrs to understand what PA is and this system is heavy PA based.I am concern that you might have got into wrong start in trading.Perhaps an easier system? I would look into Trading made simple thread. thank you
Actually, I exited all positions at 8 last night (CST). Currently watching for EA bounce at R61, UC bounce at R78, and EC bounce at R78.

Later,
TX
  • #2,625
  • Edited 8:08am Sep 13, 2016 7:56am | Edited 8:08am
watch here UC
high probability short in waiting

EG at 38R previous rejection zone
This is what successful trading is all about.Wait for trades to come to you and create high probability set ups.You will hit 7 winners out 10.
Can't get any simpler.Your job is to exercise restrain!

EC literally went 61S to 61R 400pips
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In trading, you have to be defensive and aggressive at the same time
  • #2,626
  • Sep 13, 2016 8:11am Sep 13, 2016 8:11am
Quoting Davit
watch here high probability short in waiting EG at 38R previous rejection zone This is what successful trading is all about.Wait for trades to come to you and create high probability set ups.You will hit 7 winners out 10. Can't get any simpler.Your job is to exercise restrain! EC literally went 61S to 61R 400pips {image}
Perfectly in my pending order, on middle standard R1 monthly pivot. This is the maximum range dealer can do, i think
  • #2,627
  • Sep 13, 2016 8:14am Sep 13, 2016 8:14am
Looking at the daily reversal bar at the bottom from last Tuesday off support, I'm watching the 78 and 100 R areas for signs of reversal on 1 hr.
Off to bed now just as NY comes alive as usual , so will just have to keep 1 eye open I guess...
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Come with me if you want to live....
  • #2,628
  • Sep 13, 2016 8:17am Sep 13, 2016 8:17am
?
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Come with me if you want to live....
  • #2,629
  • Sep 13, 2016 8:17am Sep 13, 2016 8:17am
Quoting Ill-b-back
Looking at the daily reversal bar at the bottom from last Tuesday off support, I'm watching the 78 and 100 R areas for signs of reversal on 1 hr. Off to bed now just as NY comes alive as usual , so will just have to keep 1 eye open I guess... {image} {image}
your pivot looks good! off by 5pips which is ok.
sleep well
In trading, you have to be defensive and aggressive at the same time
  • #2,630
  • Sep 13, 2016 8:21am Sep 13, 2016 8:21am
Quoting zerg
{quote} Perfectly in my pending order, on middle standard R1 monthly pivot. This is the maximum range dealer can do, i think
normal ADR last 20days 50pips today 89 already stretched out. Good spot
keep in mind Thurs
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #2,631
  • Sep 13, 2016 11:02am Sep 13, 2016 11:02am
Quoting Ill-b-back
Looking at the daily reversal bar at the bottom from last Tuesday off support, I'm watching the 78 and 100 R areas for signs of reversal on 1 hr. Off to bed now just as NY comes alive as usual , so will just have to keep 1 eye open I guess... {image} {image}
haha.. thats why i dont want to open position in another pair except UC in opening of this week, let them corrected in this anomaly season to minimize the risks. maybe tomorrow or thurs, i think
  • #2,632
  • Sep 13, 2016 11:30am Sep 13, 2016 11:30am
Shorted EG at R61 with pinbar. Good odd - ADR 180%, waiting for retrace
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  • #2,633
  • Sep 13, 2016 11:58am Sep 13, 2016 11:58am
Quoting makron
Shorted EG at R61 with pinbar. Good odd - ADR 180%, waiting for retrace {image}
Yeah - I took a short entry on the M30 chart - nice TDI cross down with bearish price action. Watch and see now what price does if it makes it to R38.
  • #2,634
  • Sep 13, 2016 12:42pm Sep 13, 2016 12:42pm
Quoting makron
Shorted EG at R61 with pinbar. Good odd - ADR 180%, waiting for retrace {image}
Hi Makron,

Did you consider going long when PA broke the WP? I was away and probably would have taken it. I am short with you at the bounce of R62.

Take care,
TX
  • #2,635
  • Sep 13, 2016 2:32pm Sep 13, 2016 2:32pm
Quoting Tx15
{quote} Hi Makron, Did you consider going long when PA broke the WP? I was away and probably would have taken it. I am short with you at the bounce of R62. Take care, TX
No, i looking for enters from fibos
  • #2,636
  • Sep 13, 2016 3:03pm Sep 13, 2016 3:03pm
Quoting makron
{quote} No, i looking for enters from fibos
Understand that you wait for PA bounces at fibs when supported by candle formations.

Thanks,
TX
  • #2,637
  • Sep 13, 2016 7:16pm Sep 13, 2016 7:16pm
looks like a potential area to look for signs of bullish PA
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Come with me if you want to live....
  • #2,638
  • Sep 13, 2016 8:34pm Sep 13, 2016 8:34pm
Quoting Ill-b-back
looks like a potential area to look for signs of bullish PA {image}
wow your pivot is exact now
PA may continue bearish until closer to rate decision time. 100S 3109 is possible target for MM's
One can average in incrementally from this point on since there is strong resistance now at 3180.
regards
In trading, you have to be defensive and aggressive at the same time
  • #2,639
  • Sep 13, 2016 9:28pm Sep 13, 2016 9:28pm
Quoting Davit
{quote} wow your pivot is exact now PA may continue bearish until closer to rate decision time. 100S 3109 is possible target for MM's One can average in incrementally from this point on since there is strong resistance now at 3180. regards
Hi Davit, yes I'll be watching those levels thanks very much for the heads up. Been mixed data for US/UK lately.
Thanks again
Come with me if you want to live....
  • #2,640
  • Sep 14, 2016 2:50am Sep 14, 2016 2:50am
hi Davit. i know you dont like beginner questions but please answer me on this question. is there a chance to this style (method) of trading stop working? to price not react (not bouncing) on these level (pivot points) in future?
thank you.
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