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Pivot Trading

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  • Post #10,141
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  • Jun 15, 2017 11:08pm Jun 15, 2017 11:08pm
  •  vickym
  • Joined Feb 2011 | Status: Tyger, Tyger!!! | 646 Posts
Quoting vickym
Disliked
This one is setting up nicely, may cook up next week {image}
Ignored
Entering small
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Fall seven times, stand up Eight! #GGMU
 
 
  • Post #10,142
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  • Jun 15, 2017 11:42pm Jun 15, 2017 11:42pm
  •  realfan
  • | Joined Sep 2014 | Status: Member | 40 Posts
Quoting fibo38
Disliked
Armed !!!!!. This is a simple test. Please do not do this on a real account. Thanks {image}
Ignored
I think that is going to be a great trade. Have to climb some more for now though.
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  • Post #10,143
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  • Jun 16, 2017 1:18am Jun 16, 2017 1:18am
  •  frostypips
  • | Joined Nov 2016 | Status: Member | 63 Posts
Short AJ
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  • Post #10,144
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  • Edited at 2:05am Jun 16, 2017 1:51am | Edited at 2:05am
  •  Ced74
  • Joined Jul 2013 | Status: Member | 2,875 Posts
Yes it does look interesting but at the risk of missing out on this trade I will allow procrationation to prevail as I am looking for a better price. Shall now rush and polish my Crystal Ball.
Good Luck.
Ronald
Quoting frostypips
Disliked
Short AJ {image}
Ignored
Aussie Battler
 
 
  • Post #10,145
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  • Jun 16, 2017 2:20am Jun 16, 2017 2:20am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,294 Posts
Hi Guys
When trading the Yen crosses you must look how UJ is doing.
If UJ continues to go up you can bet AJ same.
UJ is at 61R at 111.11 but has more room to go up and should this occur 85 AJ is likely.
BOJ press conference in 5 min. We could see sharp moves on Yen
In trading, you have to be defensive and aggressive at the same time
 
6
  • Post #10,146
  • Quote
  • Jun 16, 2017 2:24am Jun 16, 2017 2:24am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,294 Posts
Quoting Tamarind77
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16 days of 100% profit trades. {image}
Ignored
very nice
keep it going
In trading, you have to be defensive and aggressive at the same time
 
1
  • Post #10,147
  • Quote
  • Jun 16, 2017 2:32am Jun 16, 2017 2:32am
  •  Ced74
  • Joined Jul 2013 | Status: Member | 2,875 Posts
Good advice as usual.
I have spent a great deal of time watching the videos associated with Jay Leno's garage.Helps late at night when watching the slow charts.
Thanks again and keep them coming mate.
Ronald
Aussie Battler
 
 
  • Post #10,148
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  • Jun 16, 2017 2:38am Jun 16, 2017 2:38am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,294 Posts
Quoting Ced74
Disliked
Good advice as usual. I have spent a great deal of time watching the videos associated with Jay Leno's garage.Helps late at night when watching the slow charts. Thanks again and keep them coming mate. Ronald
Ignored
Ronny check this one my favorite
Inserted Video

1976 MV Agusta 750 America - Jay Leno's Garage
He bought this expensive bike when he was a struggling comic.
In trading, you have to be defensive and aggressive at the same time
 
1
  • Post #10,149
  • Quote
  • Edited at 4:25am Jun 16, 2017 4:13am | Edited at 4:25am
  •  Ced74
  • Joined Jul 2013 | Status: Member | 2,875 Posts
Quoting Davit
Disliked
Hi Guys When trading the Yen crosses you must look how UJ is doing. If UJ continues to go up you can bet AJ same. UJ is at 61R at 111.11 but has more room to go up and should this occur 85 AJ is likely. BOJ press conference in 5 min. We could see sharp moves on Yen
Ignored
audjpy...O.K dipped my toe into the water at 84.50 and as davit suggested it could go higher .Whilst I have been tempted at this level I shall wait for the price to go higher before I put the Grocery Money on it.
O.K it would appear that 'Murphys Law" is watching me as the price has now jumped up....Davits advice now comes into play re small trades and working into the trade.
I am not a great fan of Fridays.
Ronald
Aussie Battler
 
 
  • Post #10,150
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  • Jun 16, 2017 5:29am Jun 16, 2017 5:29am
  •  VictorFaria
  • | Joined Oct 2016 | Status: Member | 390 Posts
Closing AN With Profit
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  • Post #10,151
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  • Jun 16, 2017 5:50am Jun 16, 2017 5:50am
  •  Tumbledwy3r
  • | Joined Jun 2017 | Status: Junior Member | 1 Post
Hey Davit,
Id like to start by saying thank you so much for this thread its taught me so much over the time But i do have one question... A while back you mentioned that you dont trust websites that provide free pivot points, how comes this is? As looking at these websites granted they are different but thats by a slight margin at which they are different? For example your AC's pivot point is at 1.01226 whereas on the online resources its sitting at 1.0073. Thats a difference of 0.00496 (49 pips). As in other posts you said that if its off by 20 pips or so it wont work as well.

Im not doubting that the system works as it has for me and clearly is for you but all im asking is why you trust your pivot points if its is off compared to other calculators?

Thanks again for your thread and system
 
 
  • Post #10,152
  • Quote
  • Edited at 7:21am Jun 16, 2017 7:07am | Edited at 7:21am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,294 Posts
Quoting Tumbledwy3r
Disliked
Hey Davit, Id like to start by saying thank you so much for this thread its taught me so much over the time But i do have one question... A while back you mentioned that you dont trust websites that provide free pivot points, how comes this is? As looking at these websites granted they are different but thats by a slight margin at which they are different? For example your AC's pivot point is at 1.01226 whereas on the online resources its sitting at 1.0073. Thats a difference of 0.00496 (49 pips). As in other posts you said that if its...
Ignored
How do I trust my pivots more? Because they work now and worked in the past often to exact number!
You are removed from here! No you did not learn anything!Rather idiotic post!
You signed up FF and 1st post on my thread with most idiotic question.Wow and thank you for not wasting my time any further!unreal
In trading, you have to be defensive and aggressive at the same time
 
2
  • Post #10,153
  • Quote
  • Jun 16, 2017 7:55am Jun 16, 2017 7:55am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,294 Posts
rather annoying thing about Oanda mt4
every time mt4 updates it erases previous account history and now I only have last 3 months
going back past shows zero
In trading, you have to be defensive and aggressive at the same time
 
1
  • Post #10,154
  • Quote
  • Jun 16, 2017 8:12am Jun 16, 2017 8:12am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,294 Posts
Just a reminder don't force trades. I had phenomenal June so far and have no need to force trades.If you can't pick good set ups then wait for it.
This is natural in nature.When predators think prey is too far they don't go wasting energy chasing 1st they try to get real close to increase the chance.
Same in trading we are trying to hunt best set ups.Premature trades will hold margin that could be used for better profitable trades

Still waiting for NC to break 95
In trading, you have to be defensive and aggressive at the same time
 
7
  • Post #10,155
  • Quote
  • Jun 16, 2017 9:35am Jun 16, 2017 9:35am
  •  TheMark
  • | Membership Revoked | Joined Oct 2015 | 47 Posts
Very nice system..been following for a while..impressive results.. thanks Davit for sharing this and not charging for it

My question is guys do I have to follow the news and keep track of fundamentals of different currencies while looking at pivots or can pivot's + TDI + price action can be the only thing I have to worry about?

I don't have a lot of knowledge on fundamentals so kinda not sure if I have to get into it to trade this system profitably.

Cheers
The name of the game is finding weaknesses in supply or demand.
1
 
  • Post #10,156
  • Quote
  • Jun 16, 2017 9:39am Jun 16, 2017 9:39am
  •  montego
  • | Joined Jan 2014 | Status: Member | 1,058 Posts
AJ testing the r100
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  • Post #10,157
  • Quote
  • Jun 16, 2017 9:43am Jun 16, 2017 9:43am
  •  fantasma
  • | Joined Sep 2015 | Status: Member | 58 Posts
Yen is so crazy.
Extreme moves and no pullbacks.
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  • Post #10,158
  • Quote
  • Jun 16, 2017 9:59am Jun 16, 2017 9:59am
  •  dttsomh
  • | Joined Jun 2016 | Status: Time in market > Timing the market | 268 Posts
Quoting fantasma
Disliked
Yen is so crazy. Extreme moves and no pullbacks. {image}
Ignored
is that a live account?
 
 
  • Post #10,159
  • Quote
  • Jun 16, 2017 10:09am Jun 16, 2017 10:09am
  •  fantasma
  • | Joined Sep 2015 | Status: Member | 58 Posts
Quoting dttsomh
Disliked
{quote} is that a live account?
Ignored
Yes. But I trade with tight stops.
 
 
  • Post #10,160
  • Quote
  • Jun 16, 2017 10:13am Jun 16, 2017 10:13am
  •  braveh4rt
  • | Joined Jan 2015 | Status: Member | 292 Posts
Quoting Davit
Disliked
rather annoying thing about Oanda mt4 every time mt4 updates it erases previous account history and now I only have last 3 months going back past shows zero
Ignored
Hi Davit,

Why not put your account in the FF trade explorer to have your history preserve, not removed by the MT4 platform when update. or maybe in myfxbook, you can make it private if not want others see the data.
The history of trading and reporting also better and neat with graphs here and there.

I use a lot the trade explorer .

Good Day and Green pips to you
Look for it and you will find it
 
 
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