Attachments: Pivot Trading

Pivot Trading

#3,461
Oct 2, 2016 11:42pm Oct 2, 2016 11:42pm

Ced74
Joined Jul 2013 | Status: Trader | 5,460 Posts

afternoon,
Like Andy I need to set my Candles to True on my different broker accounts....All are almost identical to the Masters (davits)latest screenshots.
Cheers
Ronald

Ronnie Renko

#3,462
Oct 3, 2016 12:07am Oct 3, 2016 12:07am

Tx15
| Joined Jul 2015 | Status: Trader | 218 Posts

Davit, thanks for posting your EA and AU charts. Mine were 4 pipettes off in each case.
Wish you and all the other followers of Davit's Pivots System a great week,
TX

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#3,463
Edited 1:50am Oct 3, 2016 12:52am | Edited 1:50am

Tamarind77
| Joined Oct 2016 | Status: Trader | 310 Posts

Hi Davit, thanks for your great work, need great mind to have desire sharing very good knowledge like this.
may i ask suggestion about trading time? can i use this system for 24 hour trading?
my pivot chart same as yours, but not same with EurAud, how i can get same pivot as yours? thank you.

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Regards,

I know one thing, that I know nothing - Socrates

#3,464
Oct 3, 2016 1:57am Oct 3, 2016 1:57am

Kubiasty
Joined Nov 2013 | Status: Trader | 1,094 Posts

Hey Davitpivots, I noticed that in every broker the pivots are differents levels....

#3,465
Oct 3, 2016 3:18am Oct 3, 2016 3:18am

mch1970
Joined Nov 2014 | Status: Trader | 206 Posts

Quoting Davit

Disliked

{quote} You deserve a trophy for your good work thank you Still waiting for the gap to close on EG Guys AC will break 100 back to 99 to 98 Its moving down same with NC something I thought worth sharing.These 2 pairs needs time and patience.Does not work out right away and may take few weeks.Consider your swap fees if its worth for you.

Ignored

EG just popped up to R61 - now at 103% ADR. TDI still showing upwards momentum, but will it run out of steam and fill the gap...
Keep watching price action for set-up.

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#3,466
Oct 3, 2016 3:29am Oct 3, 2016 3:29am

dnl
| Joined Aug 2016 | Status: Trader | 115 Posts

Quoting mch1970

Disliked

{quote} EG just popped up to R61 - now at 103% ADR. TDI still showing upwards momentum, but will it run out of steam and fill the gap... Keep watching price action for set-up. {image}

Ignored

i also watching this pair.. waiting any SOW before taking position.
btw AU sell limit and EA buy limit was hit. so i'm on it.

#3,467
Oct 3, 2016 3:46am Oct 3, 2016 3:46am

Davit
Joined Feb 2012 | Status: Trader | 21,377 Posts

GU +81 pips
Don't like the fundies so got out.
pips are pips by the end of the month adds up.
going to sleep guys.green pips

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In trading, you have to be defensive and aggressive at the same time

#3,468
Oct 3, 2016 4:04am Oct 3, 2016 4:04am

dnl
| Joined Aug 2016 | Status: Trader | 115 Posts

Quoting Davit

Disliked

GU +81 pips Don't like the fundies so got out. pips are pips by the end of the month adds up. going to sleep guys.green pips {image}

Ignored

Green pips Davit.. I hope Poundsterling has power to close the gap.

#3,469
Oct 3, 2016 4:17am Oct 3, 2016 4:17am

Dildubai
| Joined Aug 2011 | Status: Trader | 141 Posts

One trade done so far. UK Data due. Not taking chances. Out with small profit

DD

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#3,470
Oct 3, 2016 4:19am Oct 3, 2016 4:19am

hierro-scalp
| Joined Aug 2016 | Status: Trader | 94 Posts

Quoting Dildubai

Disliked

One trade done so far. UK Data due. Not taking chances. Out with small profit DD {image}

Ignored

You have a good potition

#3,471
Oct 3, 2016 4:22am Oct 3, 2016 4:22am

lisat
Joined Jun 2016 | Status: Trader | 888 Posts

Quoting Dildubai

Disliked

One trade done so far. UK Data due. Not taking chances. Out with small profit DD {image}

Ignored

I am not sure but I think you have the settings wrong on the news indicator as GBP news was 50 minutes ago.

Success means going from failure to failure without loss of enthusiasm

#3,472
Oct 3, 2016 4:31am Oct 3, 2016 4:31am

Dildubai
| Joined Aug 2011 | Status: Trader | 141 Posts

Quoting lisat

Disliked

{quote}I am not sure but I think you have the settings wrong on the news indicator as GBP news was 50 minutes ago.

Ignored

Really? Are there setting on news indicator too? Can you advice which ones to amend?

Thanks mate

DD

#3,473
Oct 3, 2016 4:41am Oct 3, 2016 4:41am

lisat
Joined Jun 2016 | Status: Trader | 888 Posts

Quoting Dildubai

Disliked

{quote} Really? Are there setting on news indicator too? Can you advice which ones to amend? Thanks mate DD

Ignored

It is under inputs called offset hours play with it until you match up with ff news page but it looks like you are an hour out. On mine at the moment which is correct it shows 1hr 10 mins since GBP Manufacturing pmi

Success means going from failure to failure without loss of enthusiasm

#3,474
Oct 3, 2016 4:43am Oct 3, 2016 4:43am

Dildubai
| Joined Aug 2011 | Status: Trader | 141 Posts

Quoting lisat

Disliked

{quote}It is under inputs called offset hours play with it until you match up with ff news page but it looks like you are an hour out. On mine at the moment which is correct it shows 1hr 10 mins since GBP Manufacturing pmi

Ignored

Thanks mate . I put offset hour 1 now it show 1hour 13 minutes since data release.

Appreciate the heads up friend.

Good luck

DD

#3,475
Oct 3, 2016 4:48am Oct 3, 2016 4:48am

mch1970
Joined Nov 2014 | Status: Trader | 206 Posts

Quoting dnl

Disliked

{quote} i also watching this pair.. waiting any SOW before taking position. btw AU sell limit and EA buy limit was hit. so i'm on it.

Ignored

Are you short AU already? I can't see a valid sell signal yet. AU price action is in its infancy this week and has not even approached R38 - so you don't have any edge placing orders at this level. In general, be careful with limit orders - they need to be placed at appropriate levels

Just remember that in all trade set-ups you are looking for an edge - so make sure you focus on the key zone 61-100.

Also look left on your charts to previous price structures / price action S/R. You'll then be able to see that the R61-100 zone is a key area for AU. I'd advise bringing up a completely clean daily chart for AU. Draw the key S/R levels over the past 12 months or so and use these levels in addition to the pivot levels. You'll start to get a feel of the range of price movement through it's various waves or cycles.

#3,476
Oct 3, 2016 4:58am Oct 3, 2016 4:58am

lisat
Joined Jun 2016 | Status: Trader | 888 Posts

Quoting Dildubai

Disliked

{quote} Thanks mate . I put offset hour 1 now it show 1hour 13 minutes since data release. Appreciate the heads up friend. Good luck DD

Ignored

You are welcome

Success means going from failure to failure without loss of enthusiasm

#3,477
Edited 6:16am Oct 3, 2016 5:29am | Edited 6:16am

Blackopal
Joined Jan 2016 | Status: Trader | 1,788 Posts

Hey team Davit, USD basket basically flat today, don't have it available on our charts, but I have been following a horizontal level it flirts with, above which it seems to smash crosses, and below it lets them have a run, like we have today. Can anyone post a chart with USD basket with Davit's pivots? I would be interested to see the 9552 level on it. As our teacher has pointed out, USD will rule the market this week. Most of the pairs we follow are up vs USD now. A/U, N/U E/U all up and U/C has dropped to between R78 and R61. Also, heads up, Brent crude has broken through $50.00. I have it at $50.19 now.

I'm thinking the MM may encourage pairs to climb against USD early this week, then smash them as NFP approaches and clean up stops long USD. I'm watching to sell at higher levels....Aud .77 plus, Eu 1.127 plus N/U .736

Cheers everyone, I think I can see part of Davit's plan, by having us read and listen to his great books and videos, strictly enforcing rules, we will all be talking the same language, helping each other, focused on great trades and all benefiting together. If we get good enough we may collectively even be able to return a few thought provoking in sights and trade opportunities to benefit our mentor.

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#3,478
Oct 3, 2016 5:37am Oct 3, 2016 5:37am

Rmg
Joined Jan 2016 | Status: Trader | 2,965 Posts

Quoting Blackopal

Disliked

Hey team Davit, USD basket basically flat today, don't have it available on our charts, but I have been following a horizontal level it flirts with, above which it seems to smash crosses, and below it lets them have a run, like we have today. Can anyone post a chart with USD basket with Davit's pivots? I would be interested to see the 9552 level on it. As our teacher has pointed out, USD will rule the market this week. Most of the pairs we follow are up vs USD now. A/U, N/U E/U all up and U/C has dropped to between R78 and R61. Also, heads up, Brent...

Ignored

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