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Pivot Trading

  • #8,501
  • Apr 12, 2017 11:58pm Apr 12, 2017 11:58pm
Hi davit

Been a long time lover of Pivots and added your method and mixed my 200ema strategy and results are great.

Not to boast but its been a 100% return in past 2 months.

I generally use the 15 mins and 30 mins chart and scale into positions like you and have a hard stop of max 10% of my capital on the line for all the trades i do.
Attached Image (click to enlarge)
Click to Enlarge Name: pivots200ema.jpg Size: 60 KB
Trend is your friend...
  • #8,502
  • Apr 13, 2017 12:07am Apr 13, 2017 12:07am
Quoting Davit
closed NU +517 pips this was sweet.Chart I posted and basically shared I was building longs {image}
Nice work there mate!

This is my little contribution, didn't get as many positions in as I was aiming to, but still. Also long NZD/JPY, but it didn't hit my limit orders while I as sleeing, so I'm only up 30 pips on one order. Thems the breaks.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADM30.png Size: 42 KB
  • #8,503
  • Apr 13, 2017 12:09am Apr 13, 2017 12:09am
Quoting nisha4x
Hi davit Been a long time lover of Pivots and added your method and mixed my 200ema strategy and results are great. Not to boast but its been a 100% return in past 2 months. I generally use the 15 mins and 30 mins chart and scale into positions like you and have a hard stop of max 10% of my capital on the line for all the trades i do. {image}
Nisha Welcome and stellar results!If the numbers are correct that's huge amount of trades 1848? in 2 months? Wow ....maybe its longer period?Either way great job!
In trading, you have to be defensive and aggressive at the same time
  • #8,504
  • Apr 13, 2017 12:17am Apr 13, 2017 12:17am
Quoting Rub
{quote} Nice work there mate! This is my little contribution, didn't get as many positions in as I was aiming to, but still. Also long NZD/JPY, but it didn't hit my limit orders while I as sleeing, so I'm only up 30 pips on one order. Thems the breaks. {image}
Rub I will share a little secret decide which pair you like to short and which you like to long.
I have never ever bought NC or AC but always shorted both.Why? I just have way better results shorting these 2 then buying them.
I know you might be scratching your head but trust me it works.Same with UC always shorted but hardly ever longed it.UJ same most 99% shorted hardly ever bought it.
Once you decide on this then things become simple.Price hits 61R-100R then fire your canons and wait and gravity will take care rest.
Anyway good luck
In trading, you have to be defensive and aggressive at the same time
  • #8,505
  • Apr 13, 2017 12:34am Apr 13, 2017 12:34am
thanks davit, this is the only thread i read frequently .

well, i do tend to take lots of trades if i sense its a good opportunity and some trades are there for 5-6 days and some for 2 days, i am a basket trader and look at opportunities in any pairs if it meets my criteria.

Quoting Davit
{quote} Nisha Welcome and stellar results!If the numbers are correct that's huge amount of trades 1848? in 2 months? Wow ....maybe its longer period?Either way great job!
Trend is your friend...
  • #8,506
  • Apr 13, 2017 12:36am Apr 13, 2017 12:36am
Hi Davit,

I have been following your strategy for a bit now thanks for sharing, and have recently started using it with success. I still have me training wheels on, and taking things one foot in front of the other, as my screentime is very limited.

I hope I am not going to get my head chewed off, however, I have come across this dashboard some time ago, and was wondering if your pivots can get coded to reflect same. If not, at least I asked.
Attached Image (click to enlarge)
Click to Enlarge Name: MML.jpg Size: 451 KB
  • #8,507
  • Apr 13, 2017 12:42am Apr 13, 2017 12:42am
Hi Davit,

Your method works like charm

For the past 3 months, I read your thread from page 1 to finish and for 2 weeks I managed to get profit each day.

Once again, thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYH1.png Size: 91 KB
Click to Enlarge Name: XAUUSDH1.png Size: 85 KB
PIVOT Return This Year: na
  • #8,508
  • Apr 13, 2017 1:20am Apr 13, 2017 1:20am
Quoting Davit
{quote} same trade but more traction and more lotsgood job
very good profits
i exited a little too soon from it, same for UC.
"Letting losses run is the most serious mistake made by most investors."W.O
  • #8,509
  • Edited 1:43am Apr 13, 2017 1:29am | Edited 1:43am
Quoting Davit
{quote} Welcome! To be honest there was no reason to short EU I was long and I am long.
Thanks for the Welcome Davit.

My reason to be short was the Monthly Pivot rejection in the beginning of April, leading to a cross under the current weekly pivot. I was planning on a continuation to the downside after a third rejection of this level, since it was rejected twice earlier this week. May I ask for your insight here ? Would be much appreciated.

Anyway, good thing I had my stops in the money, being wrong with a small profit is my consolation on this one. Let's work to be on the right side of the monster move next time !
  • #8,510
  • Apr 13, 2017 1:41am Apr 13, 2017 1:41am
Quoting sniperdebt
{quote} NU behaved really well, Great start of the week. {image}
Revisit at previous rejection with long tail & followed by bullish candle.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDDaily.png Size: 173 KB
  • #8,512
  • Apr 13, 2017 2:30am Apr 13, 2017 2:30am
lmao. i guess you can't make money off of trading, so you go make money off of advertising?

Quoting g-trader
Hidden
  • #8,513
  • Apr 13, 2017 2:39am Apr 13, 2017 2:39am
Quoting g-trader
Hidden
Call me, i will buy
I know one thing, that I know nothing - Socrates
  • #8,514
  • Apr 13, 2017 2:46am Apr 13, 2017 2:46am
Hi David, i want to say you thx for all your effort and all your time what you give to as.

I read a lot about your strategy and your style of trading.
I know how you close your loses and how you open new transactions. But i was thinking, if you divide you max lot to 10-15 mini lots, you must have same rulse about how many transactions you open at each line 61 -78-100.

For exe. price come to 61 line and show you PA, you open 4 transactions after what price go on opposite direction, come to 78 lineand show you PA after go to 100 line....
I want to ask you, how you decide how many orders you put at every line if you see PA and price go not in your direction?

I apologize if you answered this question before and I wasn't careful with my homework.
  • #8,515
  • Apr 13, 2017 3:02am Apr 13, 2017 3:02am
I was excited about my experience. Maybe I am misunderstood.

I learned something here and as a thank you...I shared something I felt was valuable.
Isn't that what we do in forums? Share ideas to help one another?

Les Brown gave me wisdom.... "Be true, honest, and open minded...because when the opportunity comes, if you're close minded...you may miss your blessing".
"No one knows it all...so be teachable at all times."

I was happy to receive a few good things here, I gave back.

Will try to share larger trades vs smaller.

CL...has buying element on this weekend. Hey, I am just learning. Too new to actually know better.
  • #8,516
  • Apr 13, 2017 4:19am Apr 13, 2017 4:19am
Quoting g-trader
I was excited about my experience. Maybe I am misunderstood. I learned something here and as a thank you...I shared something I felt was valuable. Isn't that what we do in forums? Share ideas to help one another? Les Brown gave me wisdom.... "Be true, honest, and open minded...because when the opportunity comes, if you're close minded...you may miss your blessing". "No one knows it all...so be teachable at all times." I was happy to receive a few good things here, I gave back. Will try to share larger trades vs smaller. CL...has buying element on...
"Too new to actually know better.[/quote]"??????????
joined Jun 2009 7 Posts
  • #8,517
  • Apr 13, 2017 4:29am Apr 13, 2017 4:29am
Closed my U/CHF and A/N for a few pips. Closed some E/U longs, holding one, and just re-entered one. Closed last of U/C shorts at TP. E/A in small DD now. re-entered a few shorts on N/U in the wrong place....DD on those. Shorting the Aussie 75.85
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot7.png Size: 27 KB
  • #8,518
  • Apr 13, 2017 4:32am Apr 13, 2017 4:32am
Quoting Davit
{quote} you have not downloaded price indicator make sure its there below is an image indicator 1st page {image}
Thanks Davit understood
  • #8,519
  • Apr 13, 2017 4:40am Apr 13, 2017 4:40am
UC long setup!
  • #8,520
  • Apr 13, 2017 5:37am Apr 13, 2017 5:37am
Hi FXAnalysis,

File attached as requested
Attached File(s)
File Type: mq4 ay-MMLDashboard v1.1__2.mq4   20 KB | 599 downloads
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