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Pivot Trading

  • #6,141
  • Jan 17, 2017 11:13pm Jan 17, 2017 11:13pm
Quoting slowpork
{quote} Hello, please compare screenshot of post #6134 and #6137. On #6134 I can see one straight line from December through January, but on #6137 I can see different levels during same period of time.
Davit Pivot : give new pivot every week
Pivot Voty : give new pivot every week
You can compare post #6134 and #6137. Current pivot have exactly same value. That prove Davit pivot and Pivot Voty give new pivot every week.
Please dont confuse about this.

Davit Pivot: NOT SHOWING history of previous pivot
Pivot Voty: YES SHOWING history of previous pivot
I know one thing, that I know nothing - Socrates
  • #6,142
  • Jan 17, 2017 11:19pm Jan 17, 2017 11:19pm
Hi davit,.. this is my fist trade... I need your advice for my OP.

regards
Attached Image (click to enlarge)
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Never Ending Learning
  • #6,143
  • Jan 17, 2017 11:36pm Jan 17, 2017 11:36pm
Quoting Sixer
Anybody has experience with this Ackerman stuff ? https://www.youtube.com/watch?v=GMQJubmsp6k Sixer
He is talking basic harmonic sub patterns ABCD formations as such.While that's relevant what I do my system goes way deeper in terms of trading pivots.
Please ask questions like this in general trading forums not here.
In trading, you have to be defensive and aggressive at the same time
  • #6,144
  • Jan 17, 2017 11:42pm Jan 17, 2017 11:42pm
Quoting slowpork
{quote} Hello, please compare screenshot of post #6134 and #6137. On #6134 I can see one straight line from December through January, but on #6137 it shows historical Pivot points.
you are removed from here.Wasting people's time instead of reading the thread
In trading, you have to be defensive and aggressive at the same time
  • #6,145
  • Jan 18, 2017 12:39am Jan 18, 2017 12:39am
Quoting piptime
{quote} Does Pivot Voty no longer work right? That is what I am currently using.
It's still working, I've been using them since forever. Some pairs are exactly like Davit's pivot (I mean the trader, not the indi), some deviate by a few pips, and some of them many. Can't be helped. I'm guessing it's because of broker or something.

One thing I did before trading, switch to line chart (big or lower TF, up to you), and manually pinpoint S/R level around the 61-100 level (or wherever), use the horizontal line. And wait for the reaction around the line.

Might sound too basic, but I really just learned it on another thread. Most of the time the result is worth the effort.
  • #6,146
  • Jan 18, 2017 1:40am Jan 18, 2017 1:40am
In my opinion this debate about using someone else's pivot is disrespectful towards Davit.
Simply because its another indi, next you will use another TDI, another ADR and then another type of candles?
Besides, the only difference between original davit's pivots and this voty you guys are using is that the later one shows you past pivots, why would you need that anyway?

Just my two cents,
Regards
  • #6,147
  • Jan 18, 2017 2:20am Jan 18, 2017 2:20am
Quoting dttsomh
In my opinion this debate about using someone else's pivot is disrespectful towards Davit. Simply because its another indi, next you will use another TDI, another ADR and then another type of candles? Besides, the only difference between original davit's pivots and this voty you guys are using is that the later one shows you past pivots, why would you need that anyway? Just my two cents, Regards
If you all had read the treads you would know that voty pivots were created by him at Davits request, and are based on Davits. I have to agree with dttsomh that it does not matter one iota what pivots you use. I like votys as I live in NZ and for my first day of trading last weeks pivots are useful.
  • #6,148
  • Jan 18, 2017 2:21am Jan 18, 2017 2:21am
Quoting dttsomh
In my opinion this debate about using someone else's pivot is disrespectful towards Davit. Simply because its another indi, next you will use another TDI, another ADR and then another type of candles? Besides, the only difference between original davit's pivots and this voty you guys are using is that the later one shows you past pivots, why would you need that anyway? Just my two cents, Regards
Hi D
I actually approved Voti work on the pivot and some like Mch1970 uses regularly and its fine.I take no offense anyone using it.Only difference you see past history pivot levels.
I kind of agree with you that I found no use for it and went back to more or less original pivot indi with flat lines.Since I am trading swings its irrelevant to me where the pivots were last week since average swing lasts less then a week.This kind of cleanses my brain from clutter.New Week new pivots new trades.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #6,149
  • Jan 18, 2017 5:39am Jan 18, 2017 5:39am
UC looking good to reach weekly pivot, TDI strong and bullish divergence on 4H
  • #6,150
  • Jan 18, 2017 9:09am Jan 18, 2017 9:09am
Quoting Firmanullah
Hi davit,.. this is my fist trade... I need your advice for my OP. regards {image}
You are removed from here!Read the 1st page!
In trading, you have to be defensive and aggressive at the same time
  • #6,151
  • Jan 18, 2017 9:11am Jan 18, 2017 9:11am
Quoting Ibar51
{quote} Sometimes you close too early but thats trading you never know what the market is going to do. Still short 2 trades AU -70 pips
Hi Berry
I don't know why you started shorting AU earlier.Please give your reasons because you had similar situation with NC
thank you
In trading, you have to be defensive and aggressive at the same time
  • #6,152
  • Jan 18, 2017 9:15am Jan 18, 2017 9:15am
2 scenarios I am anticipating on EG
Price doing AB =CD to 100S but not sure from here now or further up to WP
On sidelines for now
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In trading, you have to be defensive and aggressive at the same time
  • #6,153
  • Jan 18, 2017 9:21am Jan 18, 2017 9:21am
Often 50Fib level corresponds to WP HL divide 2=WP
Once drawn looks like there is probability more correction on bull side to 61fib 8763 area so might wait this out for now. GU hitting the wall now.
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In trading, you have to be defensive and aggressive at the same time
  • #6,154
  • Jan 18, 2017 9:22am Jan 18, 2017 9:22am
2nd attempt at 61R on AU
Bulls are not giving up yet
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In trading, you have to be defensive and aggressive at the same time
  • #6,155
  • Jan 18, 2017 11:03am Jan 18, 2017 11:03am
AUDUSD Short - target R38
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  • #6,156
  • Jan 18, 2017 12:58pm Jan 18, 2017 12:58pm
Quoting sniperdebt
Hello Traders, My first trade 2017. {image}
USDCAD update
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  • #6,157
  • Jan 18, 2017 12:59pm Jan 18, 2017 12:59pm
Quoting pip-boss
AUDUSD Short - target R38 {image}
good start
In trading, you have to be defensive and aggressive at the same time
  • #6,158
  • Jan 18, 2017 1:00pm Jan 18, 2017 1:00pm
Quoting sniperdebt
{quote} USDCAD update {image}
good going.Watch the crude price to see how much strength is left on this
crude drops UC goes up and reverse
In trading, you have to be defensive and aggressive at the same time
  • #6,159
  • Jan 18, 2017 1:02pm Jan 18, 2017 1:02pm
Quoting Davit
{quote} Hi Berry I don't know why you started shorting AU earlier.Please give your reasons because you had similar situation with NC thank you
Hi Davit

I was impatient it is a problem with my trading especially after I have a good run. It is the psychological part of trading that I struggle with I am constantly working on this aspect. It is good that you queried my trades as it will help keep me focused on the rules.
Thanks
Barry
  • #6,160
  • Jan 18, 2017 1:08pm Jan 18, 2017 1:08pm
Quoting Davit
{quote} good start
Thank you Davit. Would you recommend holding positions open or close all positions before high impact news? My apologies if this has been covered.
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