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Pivot Trading

  • #3,161
  • Sep 28, 2016 4:09am Sep 28, 2016 4:09am
Quoting dnl
{quote} nope, i only trade using your pivot level Davit.. in TMS i just learn about angleator and basic TDI understanding.
You will find out who is who and who can back it up in real stats.Some of the shit I read is laughable like 70% winning rate not sustainable by E
Been scoring that since Jan 2016 every month.How is that for sustainability
In trading, you have to be defensive and aggressive at the same time
  • #3,162
  • Sep 28, 2016 4:13am Sep 28, 2016 4:13am
Quoting pipsniper007
Pivot fams been working low key on my patience and 4hour charts.......starting to appreciate it slowly but surely {image}
Nice green pips there.

Couple of points. Remember we are in the probability game. The best set-ups (highest probability) are when price has moved into the 61-100 zone.
Davit posted earlier about entries made around the WP zone - these typically have a 50/50 outcome - so no edge.

I've become somewhat obsessive about this entry criteria, as my win/loss ratio is now above 70% for the last 3 months of trading activity and I want to take it even higher. When I look back at my losses, they invariably came from a lack of discipline and patience - i.e entries outside of the 61-100 target area.
  • #3,163
  • Sep 28, 2016 4:17am Sep 28, 2016 4:17am
Quoting Davit
Thanks DNL here is the indicator.I just changed the name so its not confusing from original {file}
Davit,

I think, we should put this indi on the 1st page.. so new comer can get the update indi.. Tks
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #3,164
  • Sep 28, 2016 4:41am Sep 28, 2016 4:41am
Quoting andy_l
{quote} Davit, I think, we should put this indi on the 1st page.. so new comer can get the update indi.. Tks
agree will do
In trading, you have to be defensive and aggressive at the same time
  • #3,165
  • Sep 28, 2016 4:44am Sep 28, 2016 4:44am
Shooting Star Candle on ACHF TFH4
Possibly go South..
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHFmH4.png Size: 45 KB
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #3,166
  • Sep 28, 2016 4:48am Sep 28, 2016 4:48am
Quoting mch1970
{quote} Nice green pips there. Couple of points. Remember we are in the probability game. The best set-ups (highest probability) are when price has moved into the 61-100 zone. Davit posted earlier about entries made around the WP zone - these typically have a 50/50 outcome - so no edge. I've become somewhat obsessive about this entry criteria, as my win/loss ratio is now above 70% for the last 3 months of trading activity and I want to take it even higher. When I look back at my losses, they invariably came from a lack of discipline and patience...
One of the best pivot traders here
In trading, you have to be defensive and aggressive at the same time
  • #3,167
  • Edited 5:08am Sep 28, 2016 4:53am | Edited 5:08am
Quoting andy_l
Shooting Star Candle on ACHF TFH4 Possibly go South.. {image}
excellent find.I have never traded this pair before.Lets see if it goes up again for better entry
slow mover which is good for position building or it could be real sloooow holding margin while that can be used somewhere else better.
On the fence for now. Like EC and UC better today

Draghi speaking in 2.5hrs.That could move all Euro pairs.Just be aware
There is nothing to be optimistic in Euro zone inflation still in shits so if anything Euro sell off is likely

I don't know how many of you guys actually watched Mark Douglass talk about how price moves.Please do because you will understand why spikes happen before reversals

Notice the huge upthrust before sharp dumping
Does not always happen but more often then you think.Reason why as soon as your SL gets hit price magically turns around going in your direction without you
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
  • #3,168
  • Sep 28, 2016 5:03am Sep 28, 2016 5:03am
Quoting Davit
{quote} excellent find.I have never traded this pair before.Lets see if it goes up again for better entry slow mover which is good for position building or it could be real sloooow holding margin while that can be used somewhere else better.
never try this pair also before.. jz looking for the possibility and probability.. oh my.. internet down.. hv to monitor through mobile..
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #3,169
  • Sep 28, 2016 5:05am Sep 28, 2016 5:05am
Quoting dabs99
Thanks Pret, I tried changing as described. Please see below but still the same. I'm using a london broker. it was set to monthly and 0000. {image}
This is my settings My broker is gmt +3 If yours are different play around with hours The date needs to be changed weekly
Gert
Attached Image (click to enlarge)
Click to Enlarge Name: davit.png Size: 35 KB
  • #3,170
  • Sep 28, 2016 5:13am Sep 28, 2016 5:13am
If Draghi spikes EG love to hummer this hard
Waiting for now
In trading, you have to be defensive and aggressive at the same time
  • #3,171
  • Sep 28, 2016 5:16am Sep 28, 2016 5:16am
Watch AU EC UC EG
Keep in mind that UC dropping will make AU go higher so you can't short AU and short UC same time,When you sell USD and if that works chances are USD is weak cross all majors
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 37 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,172
  • Sep 28, 2016 5:19am Sep 28, 2016 5:19am
Quoting Davit
{quote} Please don't trade real money until you understand what you are doing. Price can turn from 61 78 100 usually when 61 fails next stop is 78 then 100 so you must compensate this by reducing your lot size and entering in increments. Other then that trade just didn't work for you...or could have if you done what I described. Please read the thread or you will be removed.Casual effort =poor results. Let me state this again.People who put their time make money furthermore its on my 1st page disclaimer.If you don't have enough experience you will...
Thanks, I have read 50 pages and both ends a couple of times and watched the MD vid 3 and 4. Yes its just clicked on the increments thanks. I added the cpr boxes found them interesting but now deleted cheers.
  • #3,173
  • Sep 28, 2016 5:26am Sep 28, 2016 5:26am
Quoting dabs99
{quote} Thanks, I have read 50 pages and both ends a couple of times and watched the MD vid 3 and 4. Yes its just clicked on the increments thanks. I added the cpr boxes found them interesting but now deleted cheers.
your trade is working by the way.So you have to compensate create distance for trade to form. Good going friend I appreciate that you are taking this seriously.We do have lot of freeloaders that stifle energy then move on.I need to be vigilant to work with people who take trading seriously.Remember I am not getting paid for this and spending my own time that I could do something else.
cheers
In trading, you have to be defensive and aggressive at the same time
  • #3,174
  • Sep 28, 2016 6:01am Sep 28, 2016 6:01am
when there is drama there is opportunity
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #3,175
  • Sep 28, 2016 6:53am Sep 28, 2016 6:53am
Quoting pret
{quote} This is my settings My broker is gmt +3 If yours are different play around with hours The date needs to be changed weekly Gert {image}
In my case for WP..
I just set the broker's candle to True.. by doing this, I do not need to adjust/set the start and week end.
Remember when Davit mentioned, that pivot is only a zone area...
differences 10-15 pips.. still OK (from my side), you have to look at the PA.. and TDI.
Green Pips to all..

5M to news (Grandma Yellen).. :-)
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #3,176
  • Sep 28, 2016 6:57am Sep 28, 2016 6:57am
Quoting Davit
when there is drama there is opportunity {image}
hi mates what you are expecting? i think yellen will not deliver anything special and draghi also has no special card to show so market will not move dramatically...
Say something meaningful or Silence!!
  • #3,177
  • Sep 28, 2016 7:14am Sep 28, 2016 7:14am
Quoting classy
{quote} hi mates what you are expecting? i think yellen will not deliver anything special and draghi also has no special card to show so market will not move dramatically...
Like to see the effect afterwards,Hard to predict before.Lots of pairs are in limbo.
cheers mate
In trading, you have to be defensive and aggressive at the same time
  • #3,178
  • Sep 28, 2016 7:17am Sep 28, 2016 7:17am
UC has 2 H4 rejected candles and rejection to break above 61R
Like my chance to WP 3136
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,179
  • Sep 28, 2016 7:19am Sep 28, 2016 7:19am
EC even better Bear engulfing candle and rejection of 61R
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH1.png Size: 43 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,180
  • Sep 28, 2016 7:28am Sep 28, 2016 7:28am
Watch EA
very likely break 61S which makes 78 and 100S last support for this swing
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM5.png Size: 38 KB
In trading, you have to be defensive and aggressive at the same time
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