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Pivot Trading

  • #5,901
  • Jan 6, 2017 11:24am Jan 6, 2017 11:24am
Quoting skipper13
My present result, thank david their strategy {image}
keep doing what you are doing
In trading, you have to be defensive and aggressive at the same time
  • #5,902
  • Jan 6, 2017 11:27am Jan 6, 2017 11:27am
Quoting lordgbengs
{quote} Hi Davit Please can you expanciate on what you mean by the "overall bigger trend" in the above statement. My understanding is the bigger trend, is the prevailing trend on the weekly and monthly charts from a technical perspective and macro themes/sentiments (based on how the nos stack up) from a fundamental perspective. I will appreciate your comments. Cheers.
I agree its confusing statement. I meant in general where weekly and monthly is heading however there are lots of exceptions like EU for example could be the beginning of a new trend going north.So discretion is always there where you are in relation to pivots and weekly monthly.
regards
In trading, you have to be defensive and aggressive at the same time
  • #5,903
  • Jan 6, 2017 11:31am Jan 6, 2017 11:31am
week ending in high note for me
31wins 4 minor losses
about 4% gain. lots of pips gained but that's not important importance is equity gain %
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #5,904
  • Jan 6, 2017 11:59am Jan 6, 2017 11:59am
Quoting Davit
watch reaction on NU at 38R {image}
Bounced right off it, power of pivots.
  • #5,905
  • Jan 6, 2017 12:09pm Jan 6, 2017 12:09pm
Quoting dttsomh
{quote} Bounced right off it, power of pivots.
I don't think there is much liquidity left today so price may drift down slowly but you should put it on your WATCH list for next week

In my experience institutions like going with the trend so Mon,Tues Weds anticipate more bear action and Thurs and Friday correction.
That's just general guide which I noticed.Specially Asia will continue pretty much where NY left in general majority of times.So 6960 NU may become 6920 by Weds
You should not place orders to carry over this week since new week is uncertain of direction yet.
NFP was a mix bag. Red numbers on Job but Earnings were up so overall numbers were bullish for USD since Dec job creation traditionally has been weak because of holidays.
It will be lot more interesting once Trump takes over and budget fights begin.
In trading, you have to be defensive and aggressive at the same time
  • #5,906
  • Edited 3:31pm Jan 6, 2017 12:10pm | Edited 3:31pm
AJ risk vs reward. Please note that I often miss judge the market.
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KRD
  • #5,907
  • Jan 6, 2017 12:17pm Jan 6, 2017 12:17pm
Thanks for the information.
Do you trade DOW? Looks good to be shorted on current level. (ignore my entry)
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  • #5,908
  • Jan 6, 2017 12:20pm Jan 6, 2017 12:20pm
GU might be interesting to start thinking longs.
UK economy is doing surprisingly well despite of Brexit fears.
38S could be reached but there is great resistance on down side on cable since its already oversold.
Amazingly PA went from 61S to 61R and this happens a lot and yet we have folks always questioning pivots or fibs.Question as much as you want while I make money from it
evidence is all there
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In trading, you have to be defensive and aggressive at the same time
  • #5,909
  • Jan 6, 2017 12:20pm Jan 6, 2017 12:20pm
Quoting dttsomh
Thanks for the information. Do you trade DOW? Looks good to be shorted on current level. (ignore my entry) {image}
No wished I could.
In trading, you have to be defensive and aggressive at the same time
  • #5,910
  • Jan 6, 2017 2:18pm Jan 6, 2017 2:18pm
Quoting Davit
{quote} I agree its confusing statement. I meant in general where weekly and monthly is heading however there are lots of exceptions like EU for example could be the beginning of a new trend going north.So discretion is always there where you are in relation to pivots and weekly monthly. regards
Many thanks for your response Davit. I appreciate.
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #5,911
  • Jan 6, 2017 3:41pm Jan 6, 2017 3:41pm
Quoting Rocky007
Another super set up may be coming up soon CADJPY liamseden Davit might give you a clear picture to be honest. {image} {image}
Look like I was right lol
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KRD
  • #5,912
  • Jan 6, 2017 9:08pm Jan 6, 2017 9:08pm
GJ with 150 pips
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Loss in AU
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Have a nice weekend to you all.. we will trade again next week...
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #5,913
  • Jan 7, 2017 7:22am Jan 7, 2017 7:22am
Next week I will look for short AUDJPY. I am going to reanalyze the chart with new weekly fibos. I put the harmonic on the chart becase in first post davit mentioned it and refered to harmonictraders web site.

@davit if you don't want this image on my posts in your thread I will delete it as soon as.
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  • #5,914
  • Jan 7, 2017 11:35am Jan 7, 2017 11:35am
Quoting MoneyTalks58
Next week I will look for short AUDJPY. I am going to reanalyze the chart with new weekly fibos. I put the harmonic on the chart becase in first post davit mentioned it and refered to harmonictraders web site. @davit if you don't want this image on my posts in your thread I will delete it as soon as. {image}
Its fine.I often posted with harmonics.I am short on AJ ATM
I think NU will be worth watching for longs.Nice spot to go up 70+again
In trading, you have to be defensive and aggressive at the same time
  • #5,915
  • Jan 7, 2017 11:49am Jan 7, 2017 11:49am
Quoting Rocky007
{quote} Look like I was right lol {image}
everyone is right on demo ! I am yet to find a demo loser...
Question is would you have pulled the trigger on real account? If not then its a useless exercise.
regards
In trading, you have to be defensive and aggressive at the same time
  • #5,916
  • Jan 7, 2017 11:55am Jan 7, 2017 11:55am
Quoting MoneyTalks58
Next week I will look for short AUDJPY. I am going to reanalyze the chart with new weekly fibos. I put the harmonic on the chart becase in first post davit mentioned it and refered to harmonictraders web site. @davit if you don't want this image on my posts in your thread I will delete it as soon as. {image}
Can you post the harmonic indicator and the tdi-rt clone indicator you use? Thanks
  • #5,917
  • Jan 7, 2017 2:02pm Jan 7, 2017 2:02pm
Quoting Davit
week ending in high note for me 31 wins 4 minor losses about 4% gain. lots of pips gained but that's not important importance is equity gain % {image}
Pro trader! Ever thought about trading full time?
  • #5,918
  • Jan 7, 2017 2:17pm Jan 7, 2017 2:17pm
Quoting dexterous
{quote} Can you post the harmonic indicator and the tdi-rt clone indicator you use? Thanks
First I advise you to read the first post. TDI is there and please find the files as attached.
Attached File(s)
File Type: ex4 Harmonic.ex4   55 KB | 821 downloads
File Type: ex4 TDI-RT-Clone.ex4   14 KB | 492 downloads
File Type: mq4 TDI-RT-Clone.mq4   4 KB | 561 downloads
  • #5,919
  • Edited 9:12am Jan 8, 2017 8:47am | Edited 9:12am
Attached Image (click to enlarge)
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Possible Trade In DAX30. As I still adapt to the system I perform tests and follow-ups of PA. I prefer indexes to pairs, in this example I made a sale until early but TP and SL are short. This week I got 4 successful trades using Pivot with TDI following my understanding.

As of the second week liquidity is expected to increase favoring day trades, Thursday has a series of important events among them, Initial Jobless Claims, FOMC Member Harker Speech and Fed's Yellen Speech, all referring to the USA. In Europe ECB Monetary Policy Meeting Accounts and in China Trade Balance USD. The market may still be intense on Wednesday that still has the NIESR GDP Estimate. Good trades!
  • #5,920
  • Jan 8, 2017 11:33am Jan 8, 2017 11:33am
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My result from december
I wish all traders a profitable week
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