Pivot Trading | Page 432 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #8,621
  • Apr 18, 2017 12:08pm Apr 18, 2017 12:08pm
waiting for a reversal from the Resistance yellow line to the R38 and ill go short UC
Attached Image (click to enlarge)
Click to Enlarge Name: UC.PNG Size: 83 KB
  • #8,622
  • Apr 18, 2017 12:13pm Apr 18, 2017 12:13pm
Hi everyone,
great start to the week

+600 pips on EA closed all
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_43.png Size: 61 KB


+312 pips on AN ( Closed 1/3 of the trade)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_44.png Size: 90 KB


Hope everyone is doing okay.
I'm not touching that GBP, its like a land mine right now. I may consider to short it but with little lots
"Letting losses run is the most serious mistake made by most investors."W.O
  • #8,623
  • Apr 18, 2017 12:19pm Apr 18, 2017 12:19pm
Quoting vickym
Looks juicy this one...keeping a close watch {image}
best stay away from Euro pairs
This is very sensitive to French elections.Should Jean-Luc Mlenchon lead and I think he is then Euro will shoot higher or if Le Pens lead opposite true..Why gamble who wins?
Best focus on other pairs.Reduce risk focus on profitably factors.I am starting to sound like a broken record.You read my posts?If I were to manage funds including mine I would stay clear of Euro now.There is always a trade on the corner on other pairs.
In trading, you have to be defensive and aggressive at the same time
  • #8,624
  • Apr 18, 2017 12:28pm Apr 18, 2017 12:28pm
Quoting liamseden
Hi everyone, great start to the week +600 pips on EA closed all {image} +312 pips on AN ( Closed 1/3 of the trade) {image} Hope everyone is doing okay. I'm not touching that GBP, its like a land mine right now. I may consider to short it but with little lots
nice keep building equity

My April gains truly look like stairs
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 13 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,625
  • Apr 18, 2017 12:30pm Apr 18, 2017 12:30pm
Quoting Davit
{quote} You have not posted for awhile Fibo I hope you are doing fine.
Hi Davit,
I had some things to fix. I'm coming back next week. I hope to be centered again. I see the post but I do not trade. I see that all good.
  • #8,626
  • Apr 18, 2017 12:32pm Apr 18, 2017 12:32pm
Quoting fibo38
{quote} Hi Davit, I had some things to fix. I'm coming back next week. I hope to be centered again. I see the post but I do not trade. I see that all good.
Fibo you are a pivot superstar! Your absence is feltcome back when you are ready.
In trading, you have to be defensive and aggressive at the same time
  • #8,627
  • Apr 18, 2017 8:41pm Apr 18, 2017 8:41pm
closed AN shorts +280pips
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDM30.png Size: 31 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,628
  • Apr 18, 2017 9:39pm Apr 18, 2017 9:39pm
Account up 11% for the month.Hit my goal of 10% now every gain is a gravy.
Released big portion of margin now feel better hitting things I like harder.My 3rd and 4Q should be lot stronger because of bigger margin and account growth.
Things are going well.Remember have patience always have longer term trajectory.Some traders quit systems or this system too early.Remember Mark Douglas said edge requires bigger sample size.People just don't take things seriously and continue trying one system 3weeks lose then move on to another lose cycle repeating and never reaching that ahh moment when things come together.Guys who stuck with me like Tamarind from beginning have seen their accounts grow studiedly almost without pressure.Have faith things work out.

Account growth since Jan1st 2017
You want proof? Take a look!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 14 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,629
  • Apr 18, 2017 9:45pm Apr 18, 2017 9:45pm
Quoting Davit
Account up 11% for the month.Hit my goal of 10% now every gain is a gravy. Released big portion of margin now feel better hitting things I like harder.My 3rd and 4Q should be lot stronger because of bigger margin and account growth. Things are going well.Remember have patience always have longer term trajectory.Some traders quit systems or this system too early.Remember Mark Douglas said edge requires bigger sample size.People just don't take things seriously and continue trying one system 3weeks lose then move another lose and so never reaching...
Hi Davit
I'm sure you have answered this before so I apologise if I am asking it again but based on your trading style to reach 10% p.m. how much would you generally risk per trade based on your trade balance?
  • #8,630
  • Apr 18, 2017 9:56pm Apr 18, 2017 9:56pm
Quoting Razor864
{quote} Hi Davit I'm sure you have answered this before so I apologise if I am asking it again but based on your trading style to reach 10% p.m. how much would you generally risk per trade based on your trade balance?
I am conservation by nature so generally I don't risk more then 10% usually below that. Most books recommend 2-3% risk but in my opinion if you know what you are doing you can risk little more like 5%
You have to understand frequency of trades as well.I trade more positions then average position trader.
hope this helps
In trading, you have to be defensive and aggressive at the same time
  • #8,631
  • Apr 19, 2017 12:33am Apr 19, 2017 12:33am
Quoting Davit
Account up 11% for the month.Hit my goal of 10% now every gain is a gravy. Released big portion of margin now feel better hitting things I like harder.My 3rd and 4Q should be lot stronger because of bigger margin and account growth. Things are going well.Remember have patience always have longer term trajectory.Some traders quit systems or this system too early.Remember Mark Douglas said edge requires bigger sample size.People just don't take things seriously and continue trying one system 3weeks lose then move on to another lose cycle repeating...
Impressive!!, Good start of the 2Q.
  • #8,632
  • Apr 19, 2017 12:46am Apr 19, 2017 12:46am
Hi Davit,

Thanks for this thread, Pivot is like a roadmap, after all.
I have confidence now because of your insight. I have a stable profit now, thanks to you. [usually I have huge profit followed by huge loss... or small profit with big loss]

I live in SE Asia, with a quite big time difference.. So usually, a "quite good" set up is late hour in my country.

Do any of you have any suggestion for alarm indicator, an indicator when price is near X pips from a point, in this case, a set of point, a set of pivot points ?

Thanks
May the odds be ever in your favor
  • #8,633
  • Apr 19, 2017 12:48am Apr 19, 2017 12:48am
Rejection at strong support (38s) and , possible Hidden Div in progress on Daily TF but on long term Bear still in control.

Take this long opportunity with +23xx pips running. will see this pair development and looking for potential sell opportunity next closely.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 191 KB
  • #8,634
  • Apr 19, 2017 12:51am Apr 19, 2017 12:51am
Quoting HanHanid
Hi Davit, Thanks for this thread, Pivot is like a roadmap, after all. I have confidence now because of your insight. I have a stable profit now, thanks to you. [usually I have huge profit followed by huge loss... or small profit with big loss] I live in SE Asia, with a quite big time difference.. So usually, a "quite good" set up is late hour in my country. Do any of you have any suggestion for alarm indicator, an indicator when price is near X pips from a point, in this case, a set of point, a set of pivot points ? Thanks
Welcome and continue your sucess.
Voty pivot has alerts already
look in clipboard
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #8,635
  • Apr 19, 2017 1:01am Apr 19, 2017 1:01am
Quoting sniperdebt
Rejection at strong support (38s) and , possible Hidden Div in progress on Daily TF but on long term Bear still in control. Take this long opportunity with +23xx pips running. will see this pair development and looking for potential sell opportunity next closely. {image}
Hi Snip
Looks promising I am just bullish on the Yen.With Korea and French elections I think Yen will continue to be strong.Skipping Euro pairs until things settle down with French Elections.
I made a mistake getting caught up with EG on Brexit and don't want to be in that place again.
regards
In trading, you have to be defensive and aggressive at the same time
  • #8,636
  • Apr 19, 2017 1:24am Apr 19, 2017 1:24am
Betting on a travel from R38 to R61, +40 pips. Let's see

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-19_1517.png Size: 52 KB
  • #8,637
  • Apr 19, 2017 1:33am Apr 19, 2017 1:33am
Quoting RisingSun
Betting on a travel from R38 to R61, +40 pips. Let's see {image}
That's a forced trade.No Edge IMO
In trading, you have to be defensive and aggressive at the same time
  • #8,638
  • Apr 19, 2017 1:40am Apr 19, 2017 1:40am
Quoting sniperdebt
{quote} Impressive!!, Good start of the 2Q.
Thanks buddy you are doing super yourself!
In trading, you have to be defensive and aggressive at the same time
  • #8,639
  • Apr 19, 2017 1:41am Apr 19, 2017 1:41am
AU is getting close to very strong support.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,640
  • Apr 19, 2017 2:05am Apr 19, 2017 2:05am
Quoting sniperdebt
{quote} "Drag"hi speak today. Lets see how this race ends. {image}
EA approach previous top.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 174 KB
19 traders viewing now