Pivot Trading | Page 157 | 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

  • #3,121
  • Sep 27, 2016 3:18pm Sep 27, 2016 3:18pm
Ok guys closed my EC +418 pips
In case it goes up again I can reload if goes south without me then be it I made great pips on it.
Overall last 2 weeks were unreal.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM5.png Size: 36 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,122
  • Sep 27, 2016 3:42pm Sep 27, 2016 3:42pm
Nice. I got about 212 pips. Went to bed and hit my stop.
  • #3,123
  • Sep 27, 2016 4:20pm Sep 27, 2016 4:20pm
Quoting dbdan
Nice. I got about 212 pips. Went to bed and hit my stop.
got a chart? Good job
In trading, you have to be defensive and aggressive at the same time
  • #3,124
  • Sep 27, 2016 4:53pm Sep 27, 2016 4:53pm
"Trading is not about being right or wrong. It's a probability game"

Talking about probability, I checked this month's win rate and found out following %.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 5 KB



Can't win every time. -50 pips loss. Managing a failed trade is challenging!!!!

Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 13 KB
  • #3,125
  • Sep 27, 2016 5:09pm Sep 27, 2016 5:09pm
As always davit the thread is steller...havent posted much becuz i drive for a living but have been having great success with this and it only gets better as i watch the charts more with these pivots...it really is like having a road map...it like the same thing happens over and over again...currently just took a nibble at AU and EA also even if it goes down still got some powder dry..looks like it could be a nice one..thanks again davit and keep on posting love to look at the charts and hear whats going on in your head..
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #3,126
  • Sep 27, 2016 7:00pm Sep 27, 2016 7:00pm
GBPCHF Powerful setup (Daily)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf27092016.png Size: 50 KB
  • #3,127
  • Sep 27, 2016 7:07pm Sep 27, 2016 7:07pm
Afarensis...good looking chart...do you normally trade the daily?
TX
  • #3,128
  • Sep 27, 2016 7:14pm Sep 27, 2016 7:14pm
Quoting Tx15
Afarensis...good looking chart...do you normally trade the daily? TX
1H, but first I see the weekly and daily chart
  • #3,129
  • Sep 27, 2016 7:19pm Sep 27, 2016 7:19pm
Quoting Afarensis
{quote} 1H, but first I see the weekly and daily chart
Thanks for response...one more question...r u using Snagit to edit your charts?
TX
  • #3,130
  • Sep 27, 2016 7:25pm Sep 27, 2016 7:25pm
Quoting Tx15
{quote} Thanks for response...one more question...r u using Snagit to edit your charts? TX
Yes, do you know another tool?
  • #3,131
  • Edited 7:56pm Sep 27, 2016 7:45pm | Edited 7:56pm
Quoting Afarensis
GBPCHF Powerful setup (Daily) {image}
Yassou Afarensis
Just want to add my inputs on this pair.While daily may look bullish to me its hitting a wall on lower TF anglator sideways TDI hooking down and major WP ATM
I ask myself simple question.Do I have an edge if I go long? I think 50/50 and because of that no trade.I prefer trades that are 61-100 zone thus have the edge on your side.
Regards

Just a reminder that I don't trade daily candles max candle I look for signal is H4. Why? Because you can have 300pips opposite move what transpired day before.Bull candle followed by engulfing bear candle.This happens a lot because forex is dynamic with news coming out all the time Draghi speaking etc etc.We can't assume continuity what has transpired.
This does not mean you happen to take a trade example AN at 300 and keeps going up you should get out.No you should stay on but again entry is most important.Catching swing lows tops allows distance and chance for home run.

Furthermore notice price bounced off at 38S which suggest there is room for price to drive to 61S even 78-100 so putting all together no trade for me.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFH4.png Size: 34 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,132
  • Sep 27, 2016 7:50pm Sep 27, 2016 7:50pm
Quoting Afarensis
{quote} Yes, do you know another tool?
I have used ScreenShot, which is free, but has limited editing features.
Have a good trading day tomorrow,
TX
  • #3,133
  • Sep 27, 2016 7:58pm Sep 27, 2016 7:58pm
Quoting gomab11
As always davit the thread is steller...havent posted much becuz i drive for a living but have been having great success with this and it only gets better as i watch the charts more with these pivots...it really is like having a road map...it like the same thing happens over and over again...currently just took a nibble at AU and EA also even if it goes down still got some powder dry..looks like it could be a nice one..thanks again davit and keep on posting love to look at the charts and hear whats going on in your head..
I hope you post your trades and discuss anything that might help your trading.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #3,134
  • Sep 27, 2016 8:01pm Sep 27, 2016 8:01pm
like to see EC get up to 61R to hummer another short batch
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM30.png Size: 42 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,135
  • Sep 27, 2016 8:03pm Sep 27, 2016 8:03pm
Evening Davit,
I may be mistaken, but I believe you may take positions on the H1 or M30 as long they are in the positive zone (61-100), and supported by PA and location. However, would it be correct to say that you often spot possibilities on the H4, and move down to the H1 or M30 to actually place your trades.
Later,
TX
  • #3,136
  • Sep 27, 2016 8:04pm Sep 27, 2016 8:04pm
Quoting inforserve
"Trading is not about being right or wrong. It's a probability game" Talking about probability, I checked this month's win rate and found out following %. {image} Can't win every time. -50 pips loss. Managing a failed trade is challenging!!!! {image}
Hi friend good % my experience has been similar around 70% and that's outstanding
Don't get emotional about losses nor gains.Just hummer trades away 61-100 zone and grow your account.
regards
In trading, you have to be defensive and aggressive at the same time
  • #3,137
  • Sep 27, 2016 8:07pm Sep 27, 2016 8:07pm
Quoting Tx15
Evening Davit, I may be mistaken, but I believe you may take positions on the H1 or M30 as long they are in the positive zone (61-100), and supported by PA and location. However, would it be correct to say that you often spot possibilities on the H4, and move down to the H1 or M30 to actually place your trades. Later, TX
I take trades 15min 30 which is my favorite and up to H4.When H4 is in same direction as lower TF you have higher probability set up however most swings end up often quicker then 4hours.This I explained on 1st page.
regards
Look at EC swing drop. that's 30min chart. in 3hrs 6x30min candles price dropped 120pips.So if you were trading exclusively H4 you would of been LATE
I hope you guys understand that in essence I am trading swings and H4 or daily often are too lagging.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM30.png Size: 45 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,138
  • Sep 27, 2016 8:08pm Sep 27, 2016 8:08pm
Quoting Davit
{quote} Yassou Afarensis Just want to add my inputs on this pair.While daily may look bullish to me its hitting a wall on lower TF anglator sideways TDI hooking down and major WP ATM I ask myself simple question.Do I have an edge if I go long? I think 50/50 and because of that no trade.I prefer trades that are 61-100 zone thus have the edge on your side. Regards Just a reminder that I don't trade daily candles max candle I look for signal is H4. Why? Because you can have 300pips opposite move what transpired day before.Bull candle followed by engulfing...
Great nuggets of personal experience as usual...input like this is truly beneficial,
TX
  • #3,139
  • Sep 27, 2016 8:16pm Sep 27, 2016 8:16pm
Hey Davit,
I meant to tell you that the update to your personal profile is appreciated: your picture allows us to relate on a personal basis every time we read your post or you respond to ours...that's cool. I think I could handle the nude bodies on a part-time basis without getting too bored.
Got to go as my alarm is set for 4,
TX
  • #3,140
  • Sep 27, 2016 8:19pm Sep 27, 2016 8:19pm
Quoting Tx15
{quote} Great nuggets of personal experience as usual...input like this is truly beneficial, TX
This is type of set up you should not trade.Despite of TDI arrows whatever.Avoid dead center WP set ups because you don't know which way its going to go.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1.png Size: 40 KB
In trading, you have to be defensive and aggressive at the same time
12 traders viewing now