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Pivot Trading

  • #2,721
  • Sep 18, 2016 9:11pm Sep 18, 2016 9:11pm
Quoting jecklom
{quote} I share in your sentiment, Davit! You're right on point.
welcome! feel free to post your trades
In trading, you have to be defensive and aggressive at the same time
  • #2,722
  • Sep 18, 2016 9:12pm Sep 18, 2016 9:12pm
Going down UC 2nd time to 61R
May bounce again before the Feds so I might cash out at 61R
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 45 KB
In trading, you have to be defensive and aggressive at the same time
  • #2,723
  • Sep 18, 2016 9:43pm Sep 18, 2016 9:43pm
Quoting Davit
Going down UC 2nd time to 61R May bounce again before the Feds so I might cash out at 61R {image}
Looks like we got the bounce off resistance with oil as well so my outlook for a decent retrace is somewhat more optimistic...
  • #2,724
  • Sep 18, 2016 10:29pm Sep 18, 2016 10:29pm
Dear Davit and All
why my pivot 3.1 line is not the same as yours.
Please advise.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 56 KB
  • #2,725
  • Sep 18, 2016 10:41pm Sep 18, 2016 10:41pm
Quoting khaykeo
Dear Davit and All why my pivot 3.1 line is not the same as yours. Please advise. {image}
your broker time is different.

try playing with settings

Set brokers candle to FALSE. This was the trick/key to being able adjust the pivots up and down for me.
Set the week to latest week on Choose H1 start candle/finish candle as follows:
'Choose H1 start candle': 2016 06 19 05:00
'Choose H1 finish candle': 2016 06 24 05:00
(5.00 a.m. may not work on your chart so try different hours till pivots line up).
Fiddle with the hour on your 'Choose H1 start candle/finish' settings to get it to line up with Davits U/C chart pivots. 5 a.m. was the hour that worked on my chart. When you find the corresponding hour, set the start candle and finish candle to the exact same hour.


Please clean your chart from Christmas decorations.No MA's and no Arrows on main chart.If you can't run with healthy legs you are not going to with crutches .
Please read the disclaimer from page 1
In trading, you have to be defensive and aggressive at the same time
  • #2,726
  • Sep 18, 2016 10:42pm Sep 18, 2016 10:42pm
Closing ucad on pivot line
  • #2,727
  • Sep 18, 2016 10:43pm Sep 18, 2016 10:43pm
Attached Image (click to enlarge)
Click to Enlarge Name: ucad18092016.png Size: 39 KB
  • #2,728
  • Sep 18, 2016 10:48pm Sep 18, 2016 10:48pm
Quoting khaykeo
Dear Davit and All why my pivot 3.1 line is not the same as yours. Please advise. {image}
I have similar pivot. I update my tpl today
  • #2,729
  • Sep 18, 2016 10:53pm Sep 18, 2016 10:53pm
Quoting Afarensis
{image}
Good job but try following PA you might of TP too early.
Notice M30 H1 H4 still Bear
Market is still in its infancy in terms of liquidity.We still have LO and NY to kick in.
PA may continue down or it could rebound back to 32 but I am holding all my positions and willing to find out.Should it drop further my rewards will be tremendous
so far I have no real reason to close the trades.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 45 KB
In trading, you have to be defensive and aggressive at the same time
  • #2,730
  • Sep 18, 2016 11:14pm Sep 18, 2016 11:14pm
Quoting Davit
{quote} Good job but try following PA you might of TP too early. Notice M30 H1 H4 still Bear Market is still in its infancy in terms of liquidity.We still have LO and NY to kick in. PA may continue down or it could rebound back to 32 but I am holding all my positions and willing to find out.Should it drop further my rewards will be tremendous so far I have no real reason to close the trades. {image}
Yes, PA is bearish, I'm expecting a little bounce here to reenter another short. Thank you for this system. Beautiful template.
  • #2,731
  • Sep 18, 2016 11:21pm Sep 18, 2016 11:21pm
Quoting Afarensis
{quote} Yes, PA is bearish, I'm expecting a little bounce here to reenter another short. Thank you for this system. Beautiful template.
You welcome you are the 1st trader from Peru that I know of or came across at FF.Used to work with 2 individuals from Peru on my last job.
Good luck
In trading, you have to be defensive and aggressive at the same time
  • #2,732
  • Sep 18, 2016 11:30pm Sep 18, 2016 11:30pm
Quoting Davit
{quote} welcome! feel free to post your trades
Unreserved thanks for the permission!
Study and risk taking are the engine & fuel that will propel you to success
  • #2,733
  • Sep 19, 2016 4:13am Sep 19, 2016 4:13am
Closed EC +210pips
Looking for a bounce to build stronger positions
This was obvious trade which I alerted.Price tested R61 3 times and could not break
This is what I call a very high probability A+ trade

GU longs are still open. 65% DD 35% in profit.I may hold this to 33-34
In my opinion market makers are building longs on GU now.Sure there are some bear pressure but that will change and after Weds this should sky rocket up quick.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 38 KB
In trading, you have to be defensive and aggressive at the same time
  • #2,734
  • Sep 19, 2016 4:20am Sep 19, 2016 4:20am
My trades in Progress,

EC, +150 (Edit - Possible bounce at S38, nice rejection candles, move SL above DOL)

UC, +64 -50, (1st trade taken at R38, 2nd trade closer to R78)

Happy Trading.

Cheers
MR
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH1 19916.png Size: 47 KB
Silence your Ego & Your Power will Rise
  • #2,735
  • Sep 19, 2016 4:25am Sep 19, 2016 4:25am
Quoting mraam
My trades in Progress, EC, +150 UC, +64 -50, (1st trade taken at R38, 2nd trade closer to R78) Happy Trading. Cheers MR {image}
good going.Notice the bounce on EC to a T S38 amazing
In trading, you have to be defensive and aggressive at the same time
  • #2,736
  • Sep 19, 2016 4:40am Sep 19, 2016 4:40am
EG testing R38 which previously could not break.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 30 KB
In trading, you have to be defensive and aggressive at the same time
  • #2,737
  • Sep 19, 2016 4:43am Sep 19, 2016 4:43am
Quoting Davit
{quote} good going.Notice the bounce on EC to a T S38 amazing
Multiple rejection structures around the S38 area, Pivots are simply beautiful!

Cheers D

MR
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH1 19916 2.png Size: 18 KB
Silence your Ego & Your Power will Rise
  • #2,738
  • Sep 19, 2016 5:02am Sep 19, 2016 5:02am
CADCHF
AUDCHF
EURCAD
EURAUD
AUDUSD

All green pips. Happy Morning.
  • #2,739
  • Sep 19, 2016 5:15am Sep 19, 2016 5:15am
Quoting Davit
EG testing R38 which previously could not break. {image}
Im in GU long and EG short since last week, GU is simply way overstretched. Doubt there will be any changes in interest rates for both USD and NZD.

Cheers
MR
Silence your Ego & Your Power will Rise
  • #2,740
  • Sep 19, 2016 6:06am Sep 19, 2016 6:06am
250+ Pips and counting.

Other positions like EURNZD, EURCAD, CADCHF & AUDUSD ... all doing good.

Just be mechanical and here comes profits

Thanks Davit for introducing this simple pivot points.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.png Size: 22 KB
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