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Pivot Trading

  • #5,781
  • Dec 30, 2016 7:43am Dec 30, 2016 7:43am
Quoting liamseden
UC update : +220 pips but still waiting to take profit @S38. Closed 1 ticket +10 pips. 2 tickets remaining. {image} happy new year to everyone here, hope we all survive in this market.
Great job! If I was not overloaded on trades I would of jumped on UC as well since I love this pair.Anyway glad you did! Got 50+trades going basically 80% of my margin
At this point I must close some to add new ones.I am going to carry most if not all to next year.
Happy new year!
In trading, you have to be defensive and aggressive at the same time
  • #5,782
  • Dec 30, 2016 7:55am Dec 30, 2016 7:55am
AN still ranging in tight range but holding BO to upside.PA making higher Low
This spot is all about this system. Bounce from 100S and great spot for correction. Basically ideal situation how I trade.If you can't take this trade or similar you should not trade this system or even be here.
You are not going to hit every trade but trades like this are basically 80% profitable seriously I can't share more.I gone over hundreds of times about probability concept but only handful of guys here get it.Sometimes I feel I am talking in vacuum.
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In trading, you have to be defensive and aggressive at the same time
  • #5,783
  • Dec 30, 2016 8:04am Dec 30, 2016 8:04am
Quoting Davit
{quote} Great job! If I was not overloaded on trades I would of jumped on UC as well since I love this pair.Anyway glad you did! Got 50+trades going basically 80% of my margin At this point I must close some to add new ones.I am going to carry most if not all to next year. Happy new year!
It means a lot to me, at some moments i was at my lowest on confidence level.
Anyway,do you think it Will reach 1.3300 ? Because seeing the chart at daily its likely the next spot to reach.
"Letting losses run is the most serious mistake made by most investors."W.O
  • #5,784
  • Dec 30, 2016 8:10am Dec 30, 2016 8:10am
Quoting liamseden
{quote} It means a lot to me, at some moments i was at my lowest on confidence level. Anyway,do you think it Will reach 1.3300 ? Because seeing the chart at daily its likely the next spot to reach.
In my view USD is overbought cross the field and will get corrected.How much hard to say now..UC is also depended on oil and oil could drop below 50...in which case CAD will weaken.
So far oil is still dropping.
In trading, you have to be defensive and aggressive at the same time
  • #5,785
  • Dec 30, 2016 8:18am Dec 30, 2016 8:18am
As you guys know I am also an artist and posted some of my works here on this thread.
I find similarity how an Artist gazes at the figure and how trader looks at the chart.Observations is everything and with that in mine like to share one of my favorite artists Lucian Freud
http://www.vanityfair.com/culture/2012/02/freud-201202

Lucian Freud

What is remarkable is his work ethic! Painting in his eighties none stop and he is famous for gazing for hours on the model without even painting just observing.In todays fast and instant gratification culture its refreshing to see someone that took his time...and took 6 to 18months to complete a painting.
Trading same in a way.Patience at times pays off.Allowing time for trade to develop is to me a skill.
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In trading, you have to be defensive and aggressive at the same time
  • #5,786
  • Dec 30, 2016 8:29am Dec 30, 2016 8:29am
Quoting Davit
AN still ranging in tight range but holding BO to upside.PA making higher Low This spot is all about this system. Bounce from 100S and great spot for correction. Basically ideal situation how I trade.If you can't take this trade or similar you should not trade this system or even be here. You are not going to hit every trade but trades like this are basically 80% profitable seriously I can't share more.I gone over hundreds of times about probability concept but only handful of guys here get it.Sometimes I feel I am talking in vacuum. {image}
In this type of trade you would put TP close to R78 or when the conditions presented some convergence?
  • #5,787
  • Dec 30, 2016 8:35am Dec 30, 2016 8:35am
Quoting Grassi
{quote} In this type of trade you would put TP close to R78 or when the conditions presented some convergence?
Best way to understand take profit is where you placed your trade.
AN case weekly pivot 1st target 441 if goes through then 38R wait watch PA if breaks higher then 61R and same watch PA but 61R would be more then decent pips should it get there.
By saying I want TP at 78R does not mean price will get there. Lets put it this way market dictates to you and not other way around!
In trading, you have to be defensive and aggressive at the same time
  • #5,788
  • Dec 30, 2016 8:43am Dec 30, 2016 8:43am
Quoting Davit
{quote} Best way to understand take profit is where you placed your trade.
Got it!
  • #5,789
  • Dec 30, 2016 9:35am Dec 30, 2016 9:35am
Quoting Davit
AN still ranging in tight range but holding BO to upside.PA making higher Low This spot is all about this system. Bounce from 100S and great spot for correction. Basically ideal situation how I trade.If you can't take this trade or similar you should not trade this system or even be here. You are not going to hit every trade but trades like this are basically 80% profitable seriously I can't share more.I gone over hundreds of times about probability concept but only handful of guys here get it.Sometimes I feel I am talking in vacuum. {image}
hi Davit, you are not talking in vacuum as we the serious traders follow your concept, I am long of AN from yesterday and still waiting for the boost towards north, you are doing great actually you are doing the thing which very rare peole do in this world, WE especially I AM very thankful to you by heart.
Just a request, kindly keep posting your ideas, your radar setups and your active trades as soon as you get the setup, WE all are very thankful for your sincere help.
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  • #5,790
  • Dec 30, 2016 10:08am Dec 30, 2016 10:08am
closed AU longs thinning the herd
+434 pips

Like to see how market reacts to 2017 Trump.May dip below 72 again for reload
still have AU sister NU longs going.Holding on to NU
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In trading, you have to be defensive and aggressive at the same time
  • #5,791
  • Edited 10:46am Dec 30, 2016 10:27am | Edited 10:46am
Closed UC +300 pips @1.34000 thanks to spike.
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and AU +180 pips.

Very good week for me.
Happy New year everyone
"Letting losses run is the most serious mistake made by most investors."W.O
  • #5,792
  • Edited Dec 31, 2016 3:46am Dec 30, 2016 3:10pm | Edited Dec 31, 2016 3:46am
To,
Davit: First of all Happy new year in advance. Thank you for your explanation and I could not agree more.
BTW, Beautiful painting.
I thought I don't have focus since you say so I'm done with my research & I'm narrowing my focus now on.

To, Rest of the trader:
Some of our greatest traders will only trade the HTFs - It gives them loads more time to enjoy their lives
Some of us love to trade the LTF's - an hour or two's fun in the market can make some big % changes to the account.
Everybody tends to find the style which suits their temperament and lifestyle.

FYI, this is not my word, however, I found helpful and Davit proves that time and time again.
@Tamarind77 & @Liamseden If I say something, please ignore it, I don't have time to anticipate your sarcasm lol have fun and "Happy New year Everyone"

New year resolutions:
Last year new year resolution was become a millionaire and buy a range rover and Ferari 458 as a result damn it I blown up my account multiple time lol. Now 2017 new year resolution what that could be? 5% or 10% monthly sounds good?

AN Probability Projection:
UJ Probability Projection:
EU Nonsense DM Forex Analyst:

"Conclusion simplicity is the best" no more pigs with lipstick. This is the last post with cosmetics now on I will post your template.

Regards,
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KRD
  • #5,793
  • Dec 31, 2016 1:15am Dec 31, 2016 1:15am
Davit,

I have been a silent background reader in your threads for long. Reread alot of your posts and all other TMS threads, now i think i am starting to have an idea of your probability method. I have decided to write a post here as your contribution open my eyes and mind in pivot and harmonic which i discarded them long ago. Credit to you.
Will demo trade for 3 months and see if i am successfully with this pivot and harmonic trading stuff.

(the book: bird watching in lion country is indeed a good read. I have gained the wisdom within.Good recommendation)
  • #5,794
  • Jan 1, 2017 10:48am Jan 1, 2017 10:48am
Happy New Year Pivoters
Lets make 2017 very profitable year.

I am scaling back how often I will post here.This takes lots of my time and family and frankly almost nobody here from original group hence got tired of "grooming" folks only to see them disappear and new folks coming asking same questions and cycle repeating.
I am going to focus on my trading and personal development..I shared a ton here and if you find it useful this thread then apply it but with every system you must control the risk.
wish you the best

My last 6 months of results my oanda mt4 goes back only as far as 6months.
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In trading, you have to be defensive and aggressive at the same time
  • #5,795
  • Jan 1, 2017 12:41pm Jan 1, 2017 12:41pm
Davit , I am certainly paying attention to your posts. I wish you all the best in 2017 , in everything in your life. Your predictions are tremendously valuable to me. You said in a recent post that the USD/CAD was ripe for a pullback , you were bang on. I trade the USD/CAD almost exclusively , I knew that the pullback was coming , however , I did not believe that it would begin over the Christmas Holidays. Thank you so much for your sharing of information. If you ever travel to Nova Scotia , my door is wide open.
"Define the risk OUT of your trade"--Mark Douglas
  • #5,796
  • Jan 1, 2017 1:51pm Jan 1, 2017 1:51pm
Quoting Davit
Happy New Year Pivoters Lets make 2017 very profitable year. I am scaling back how often I will post here.This takes lots of my time and family and frankly almost nobody here from original group hence got tired of "grooming" folks only to see them disappear and new folks coming asking same questions and cycle repeating. I am going to focus on my trading and personal development..I shared a ton here and if you find it useful this thread then apply it but with every system you must control the risk. wish you the best My last 6 months of results my...
Happy New Year Davit.

Profitable year we desire in 2017.

I have scaled down on posting because i trade on Daily due to the nature of my job and you had raised an eyebrow on peeps using the monthly pivots and posting as against weekly so as not to confuse new adopters. However, i still follow the thread.

My advise to you will be; do not be weary in well doing.

Cheers
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #5,797
  • Jan 1, 2017 2:44pm Jan 1, 2017 2:44pm
Quoting Davit
Happy New Year Pivoters Lets make 2017 very profitable year. I am scaling back how often I will post here.This takes lots of my time and family and frankly almost nobody here from original group hence got tired of "grooming" folks only to see them disappear and new folks coming asking same questions and cycle repeating. I am going to focus on my trading and personal development..I shared a ton here and if you find it useful this thread then apply it but with every system you must control the risk. wish you the best My last 6 months of results my...
Hello Davit

I appreciate very much your wise comments about sharing and your own time and development. When I started my thread called Money Flow Method and Risk Management on December 3, 2016 , 29 days ago my expectations were not very high. I was fortunate to have some people and still do that understood enough and wanted to at least invest thirty days of their time. The time that it has taken from me has been worth it because of the excellent results. I hope that you will visit my Thread from time to time and share any thoughts that you might have on Forex trading and Risk Management.

Have a great Forex trading year and a good life with family and friends. There is much more to life than just trading Forex.

Best regards


Benjaminis

http://www.forexfactory.com/showthre...16#post9394916
  • #5,798
  • Jan 1, 2017 4:29pm Jan 1, 2017 4:29pm
Quoting Davit
Happy New Year Pivoters Lets make 2017 very profitable year. I am scaling back how often I will post here.This takes lots of my time and family and frankly almost nobody here from original group hence got tired of "grooming" folks only to see them disappear and new folks coming asking same questions and cycle repeating. I am going to focus on my trading and personal development..I shared a ton here and if you find it useful this thread then apply it but with every system you must control the risk. wish you the best My last 6 months of results my...
Your posts are valuable and i personnally want to thank you for the effort you put in here, i started following the thread since 9th November, i have good results so far but still best to come, will keep being here to be a consistent part of this thread.
Happy new year and have a profitable year.

Cheers from Paris.
"Letting losses run is the most serious mistake made by most investors."W.O
  • #5,799
  • Jan 1, 2017 9:48pm Jan 1, 2017 9:48pm
Quoting Davit
Happy New Year Pivoters Lets make 2017 very profitable year. I am scaling back how often I will post here.This takes lots of my time and family and frankly almost nobody here from original group hence got tired of "grooming" folks only to see them disappear and new folks coming asking same questions and cycle repeating. I am going to focus on my trading and personal development..I shared a ton here and if you find it useful this thread then apply it but with every system you must control the risk. wish you the best My last 6 months of results my...
Happy new Year and profitable Year Davit.
I know your feeling but most of your advises are really valuable for us. Keep doing good works teacher Davit.
  • #5,800
  • Jan 1, 2017 10:34pm Jan 1, 2017 10:34pm
Quoting Davit
Happy New Year Pivoters Lets make 2017 very profitable year. I am scaling back how often I will post here.This takes lots of my time and family and frankly almost nobody here from original group hence got tired of "grooming" folks only to see them disappear and new folks coming asking same questions and cycle repeating. I am going to focus on my trading and personal development..I shared a ton here and if you find it useful this thread then apply it but with every system you must control the risk. wish you the best My last 6 months of results my...
Happy new year Davit, may this year brings a lot of happiness in your life. but really i was shocked to read this that you will not be posting here as usually. I will miss you
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