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Pivot Trading

  • #7,401
  • Feb 25, 2017 6:17am Feb 25, 2017 6:17am
Quoting modernyoung
my first week with real acc look very good to me, it all because davit rules. million thanks to davit for bringing such a great system {image}
how to calculate this in tester ?
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  • #7,402
  • Feb 25, 2017 7:22am Feb 25, 2017 7:22am
Quoting fakhrul
hi devit how can i use this.. When i will entry pls tell me
I ignore myself
I do not understand
Why?
I do not know him
  • #7,403
  • Feb 25, 2017 7:26am Feb 25, 2017 7:26am
Quoting Gigant
{quote} how to calculate this in tester ?
look to your account history, then save to detail report
  • #7,404
  • Feb 25, 2017 7:56am Feb 25, 2017 7:56am
Well,
I am now in Thailand,spending 3 weeks of travelling,vacation, cleanin mess out of head,just relaxing.
So good evening from here. I am running around forex almost two years. Traded many many systems,methods,used tons of indicators(never could hold consitent gain for longer period of time).
I started reading this thread like 3 weeks ago together with books on beach and started to integrate into this method. Closely watching your comments, ideas.

I have to go to work, daily, suppose as many of you,..but i love trading, never gave up..This is for me another big milestone. Since i read this thread, i do papertrading regarding this method. Gosh,..i like it!

Thank you all for sharing ideas, especially Davit . I really like the simplicity of this...i throwed out of the window all rubbish i used before...because this is just perfect.
You have to add your knowledge,harmonics,fund. ect., but afterall..this is amazing.

Apologise for english,not native..

Regards
David
  • #7,405
  • Feb 25, 2017 9:45am Feb 25, 2017 9:45am
Ei Davit

I just wanted to say thank you for this thread.

No, I'm not posting any charts / trades / ideas, just a little thank you for the time you've taken to teach your methodology.

Brilliant thread. I've learnt a hell of a lot.

- e
  • #7,406
  • Feb 25, 2017 10:13am Feb 25, 2017 10:13am
Quoting modernyoung
{quote} look to your account history, then save to detail report
3 days
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  • #7,407
  • Edited 1:38pm Feb 25, 2017 1:26pm | Edited 1:38pm
Hi Davit, do you think we might expect wave 2-3 on EA starting coming week?

Quoting Davit
I tried to share some harmonic concepts which relates to Elliot Wave theory. When you are in Wave 1 correction phase sometimes helps staying put because often it follows wave 2 and 3 then trend resumes assuming there is a trend. Easiest way to identify EW is wave 3 is always the longest. I use zig zag indicator to identify the swings and waves. You will find my pivots often corresponds to key harmonic or EW turning edges..Its a huge edge not many understand here fully {image}
  • #7,408
  • Feb 26, 2017 6:35am Feb 26, 2017 6:35am
Quoting turch
Hi Davit, do you think we might expect wave 2-3 on EA starting coming week? {quote}
Should AU head south EA will go north and opposite true as well. Key player is Aussie strength against USD.I am long on EA but this may take few months to reach target 145
In trading, you have to be defensive and aggressive at the same time
  • #7,409
  • Feb 26, 2017 6:43am Feb 26, 2017 6:43am
Quoting MoneyTalks58
At first FOMC minutes looks dovish if we look at the price, what will happen next hours?
I hope you are doing ok.I remember you had 2 accounts 1 conservative 1 high leverage.How you are doing?
In trading, you have to be defensive and aggressive at the same time
  • #7,410
  • Feb 26, 2017 6:45am Feb 26, 2017 6:45am
Quoting Gigant
{quote} 3 days {image}
please lets not get carried away.Hold the graphs to end of the week
In trading, you have to be defensive and aggressive at the same time
  • #7,411
  • Feb 26, 2017 7:03am Feb 26, 2017 7:03am
Quoting Davit
{quote} I hope you are doing ok.I remember you had 2 accounts 1 conservative 1 high leverage.How you are doing?
Hi Davit. After previous week that I lost my disciplne , I watched this week. For next week I will start again. For my conservative account, I am doing good. Thank you.
  • #7,412
  • Feb 26, 2017 7:10am Feb 26, 2017 7:10am
Quoting MoneyTalks58
{quote} Hi Davit. After previous week that I lost my disciplne , I watched this week. For next week I will start again. For my conservative account, I am doing good. Thank you.
Take your time.When I am down I try only to take the best trades.You'll bounce back.Its a marathon not a sprint.The main reason why I advocate small lots and longer quarterly targets.
If you divide the year in 4 Q and lose 1Q and win 3Q that's still respectable.If you apply the principals on this system then you should not even have a losing month.Go over everything.
Make a real effort to address the issues you know well yourself.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #7,413
  • Feb 26, 2017 9:15am Feb 26, 2017 9:15am
Quoting Davit
I tried to share some harmonic concepts which relates to Elliot Wave theory. When you are in Wave 1 correction phase sometimes helps staying put because often it follows wave 2 and 3 then trend resumes assuming there is a trend. Easiest way to identify EW is wave 3 is always the longest. I use zig zag indicator to identify the swings and waves. You will find my pivots often corresponds to key harmonic or EW turning edges..Its a huge edge not many understand here fully {image}
Must says this is golden post Deadliest weapon with your pivot
I know one thing, that I know nothing - Socrates
  • #7,414
  • Edited 10:46am Feb 26, 2017 10:35am | Edited 10:46am
Quoting Davit
{quote} that's actually a good question.Notice AU is holding its ground.Had AU moved south and AC moving south would of created easier path for further decline but since AU is holding at 7680 it puts breaks on crosses Whenever I trade crosses I always look at the majors.This is intuitive after a while. I just regret not piling on AJ chart posted 14hrs ego....had too much Aussie on my plate...
Hi davit.
I have question why you don't watch AN EA EC GA UC or many more ?
  • #7,415
  • Feb 26, 2017 10:46am Feb 26, 2017 10:46am
Quoting Davit
{quote} very interesting link.Thank you love these fundy posts which makes this thread dynamic! at heart I am a fundemetal trader.
Davit could you please share one of your elliot analyses on chart?
  • #7,416
  • Feb 26, 2017 11:37am Feb 26, 2017 11:37am
Quoting settavut0
{quote} Hi davit. I have question why you don't watch AN EA EC GA UC or many more ?
I do in fact I am short on AN.Sometimes and most often my total number of trades going does not allow more added exposure.I don't like having too many trades going unless I have good margin available.Last week I had way too many AUD and AUD crosses on my plate thus basically I shut my trading until I can close ongoing trades profitability.
Its how trading goes one week I'll be all over UC and CAD pairs and next on another currency.You should seriously read this thread had you read even 10% of it you would of not asked me that question...
In trading, you have to be defensive and aggressive at the same time
  • #7,417
  • Feb 26, 2017 11:48am Feb 26, 2017 11:48am
Quoting MoneyTalks58
{quote} Davit could you please share one of your elliot analyses on chart?
I use sometimes harmonics which is easier to see and is part of EW
Only as a confluence.Download the App as a tool
I am not expert on EW and takes years to master it.Its lot easier to find and detect harmonic patterns.I like the theory behind EW and that's why I can hold position when others fold.
Here is the truth pivots 61-100 correspond almost all cases to harmonic turning levels and that's why I like fib pivots vs other pivots.You may not be aware of this but its there.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 46 KB
Attached File(s)
File Type: ex4 ZUP_v135_ALL.ex4   247 KB | 1,666 downloads
In trading, you have to be defensive and aggressive at the same time
  • #7,418
  • Feb 26, 2017 12:15pm Feb 26, 2017 12:15pm
Quoting Davit
{quote} I use sometimes harmonics which is easier to see and is part of EW Only as a confluence.Download the App as a tool I am not expert on EW and takes years to master it.Its lot easier to find and detect harmonic patterns.I like the theory behind EW and that's why I can hold position when others fold. Here is the truth pivots 61-100 correspond almost all cases to harmonic turning levels and that's why I like fib pivots vs other pivots.You may not be aware of this but its there. {file} {image}
I downloaded this app from an earlier post of yours, it has been golden. I also use it for confluence...and confirmation. Seems like higher tf patterns are the ones to look for as they carry more strength. Also noticed that tp are usually @ 38 or 78 on fib. I studied them to see which one lined up with the pivots for tp.

Will do more studying and practice to best use it with the pivots. Pivots are definitely the method I use. This adds to the already powerful edge.

Thanks Davit
Invest in Life
  • #7,419
  • Feb 26, 2017 12:22pm Feb 26, 2017 12:22pm
Quoting Mundo
{quote} I downloaded this app from an earlier post of yours, it has been golden. I also use it for confluence...and confirmation. Seems like higher tf patterns are the ones to look for as they carry more strength. Also noticed that tp are usually @ 38 or 78 on fib. I studied them to see which one lined up with the pivots for tp. Will do more studying and practice to best use it with the pivots. Pivots are definitely the method I use. This adds to the already powerful edge. Thanks Davit
I recommend to play chess regularly in fact I play lots of 5min games in between trades or waiting for it.
go chess.com and sign up for free
computer pairs you someone that has your rating level.Lots of fun.Chess sharpens your ability to think and pay attention specially to details.Everything that one needs in trading and more.
Chess forces your brain to make new neuron connections hence its healthy for your brain among other benefits.Anyway thought to share
http://www.healthfitnessrevolution.c...enefits-chess/
In trading, you have to be defensive and aggressive at the same time
  • #7,420
  • Feb 26, 2017 12:26pm Feb 26, 2017 12:26pm
Quoting Davit
{quote} I recommend to play chess regularly in fact I play lots of 5min games in between trades or waiting for it. go chess.com and sign up for free computer pairs you someone that has your rating level.Lots of fun.Chess sharpens your ability to think and pay attention specially to details.Everything that one needs in trading and more. Chess forces your brain to make new neuron connections hence its healthy for your brain among other benefits.Anyway thought to share http://www.healthfitnessrevolution.c...enefits-chess/
Thank you. I love Chess...have not played in a while. Used to meet with a friend and play...he would teach me a lesson everytime...but it kept me sharp and consistently learning...until he moved a year ago. Have not played since. Will look at this for sure.
Invest in Life
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