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Pivot Trading

  • #10,161
  • Jun 16, 2017 9:52am Jun 16, 2017 9:52am
Quoting Tamarind77
16 days of 100% profit trades. {image}
That's starting to look like consistency Is that from a backtest or, is that from demo or live?
It takes money to make money.
  • #10,162
  • Jun 16, 2017 9:54am Jun 16, 2017 9:54am
Quoting montego
AJ testing the r100 {image}
I think on that pair is steel have around 100 pips north on the long run around 85.5 ish
I looking for sell from there...
but good luck with your trade
here is my view and setup
cheers
Alex
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH4.png Size: 90 KB
Stay GREEN my friends........
  • #10,163
  • Jun 16, 2017 11:21am Jun 16, 2017 11:21am
anybody here willing to share eu chart. i want to confirm if i have the right setting of the pivot.

Davit thank you for your great pivot indi.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_23.png Size: 25 KB
Dangdut is a music of my country
  • #10,164
  • Jun 16, 2017 11:39am Jun 16, 2017 11:39am
Quoting NuNix
anybody here willing to share eu chart. i want to confirm if i have the right setting of the pivot. Davit thank you for your great pivot indi. {image}
Here you go
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 39 KB
  • #10,165
  • Jun 16, 2017 11:50am Jun 16, 2017 11:50am
Quoting nightpipper7
{quote} Here you go {image}
it seems confirm has the right setting.
thank you
Dangdut is a music of my country
  • #10,166
  • Jun 16, 2017 11:52am Jun 16, 2017 11:52am
Quoting Harpy
{quote} That's starting to look like consistency Is that from a backtest or, is that from demo or live?
live account
not backtest
real trades
I know one thing, that I know nothing - Socrates
  • #10,167
  • Jun 16, 2017 12:03pm Jun 16, 2017 12:03pm
Quoting Tamarind77
{quote} live account not backtest real trades
Nice.
It takes money to make money.
  • #10,168
  • Jun 16, 2017 1:34pm Jun 16, 2017 1:34pm
Quoting NuNix
anybody here willing to share eu chart. i want to confirm if i have the right setting of the pivot. Davit thank you for your great pivot indi. {image}
Hi NUNix
Welcome! If I may I suggest reduce your lots. I don't know your account size but three whole 1.0 lot is big unless its small by your account size then dismiss this.Trade smaller then what you have been accustomed to before.You will find it less stressful and more profitable.
regards
In trading, you have to be defensive and aggressive at the same time
  • #10,169
  • Jun 16, 2017 1:44pm Jun 16, 2017 1:44pm
First trade in dax30 with wpivot. very relaxed. Nice weekend and greetings from Berlin.
Attached Image (click to enlarge)
Click to Enlarge Name: dax.JPG Size: 222 KB
  • #10,170
  • Jun 16, 2017 1:49pm Jun 16, 2017 1:49pm
Quoting Hebelitt
First trade in dax30 with wpivot. very relaxed. Nice weekend and greetings from Berlin. {image}
looking good
In trading, you have to be defensive and aggressive at the same time
  • #10,171
  • Jun 16, 2017 2:19pm Jun 16, 2017 2:19pm
Quoting Hebelitt
First trade in dax30 with wpivot. very relaxed. Nice weekend and greetings from Berlin. {image}
Nice. I traded DAX for more then 2 years based on daily floor trader pivots. Never been in profit because on on daily base DAX is a beast.
I think next week I try DAX again with weekly fib pivots on my demo account.
Greets from Munich ;-)
  • #10,172
  • Jun 16, 2017 2:49pm Jun 16, 2017 2:49pm
Quoting fantasma
{quote} Nice. I traded DAX for more then 2 years based on daily floor trader pivots. Never been in profit because on on daily base DAX is a beast. I think next week I try DAX again with weekly fib pivots on my demo account. Greets from Munich ;-)
How's DAX a beast? Compared to common forex pairs like GBPNZD and EURNZD, it's a yawner.
It takes money to make money.
  • #10,173
  • Edited Jun 17, 2017 11:56am Jun 16, 2017 2:57pm | Edited Jun 17, 2017 11:56am
There was only one direction since january ;-) a nice upward trend.
  • #10,174
  • Jun 17, 2017 9:00am Jun 17, 2017 9:00am
Going over next week should be positive for AUD and the Pound

Sun or Monday if you are in Australia
RBA Gov Lowe Speaks

Tues
BOE Gov Carney Speaks
FOMC Member Fischer Speaks (he could provide bullish sentiment on USD)

Weds

RBNZ Rate Statement (might get sold off after rates staying the same heavily)

Thurs
Cad Core Retail Sales m/m (If positive could help NC break 95 wall)

Friday
CAD CPI m/m

looks like focus is shifting on commodity pairs next week AUD NZD CAD and their crosses.
In trading, you have to be defensive and aggressive at the same time
  • #10,175
  • Jun 17, 2017 11:57am Jun 17, 2017 11:57am
[Quote = Davit; 9988937] {quote} freundliches Warndiagramm sollte meine Schablone oder minimale Pivots enthalten. Es ist auf meiner 1. Seite in ORANGE Sie werden aus diesem Thread beim nächsten Vorkommen entfernt [/ quote]

Excuse me, the picture should only serve as an illustration. Picture removed.
  • #10,176
  • Jun 17, 2017 6:36pm Jun 17, 2017 6:36pm
Quoting TheMark
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
Hi TM,

Yes! Whether you folllow the news can make or break a trading system. As I know Davit can attest to, choosing not to trade before a major news event can potentially save your capital.

E.g - Look at USD/CAD this past week. There was talk of tightening monetary policy by BOC , which consequently killed USD/CAD (bullish CAD). Look through Bloomberg/Forexfactory news each morning to boost your market awareness.

Hope this helps,
CT
  • #10,177
  • Jun 17, 2017 8:04pm Jun 17, 2017 8:04pm
hello to all
I want to thank Davit for this wonderful system, and to all who post here, I have learned to trade with out fear etc..
I went live this month and so far 8% gain on my account,
my advise to new traders here is read read read, everything.
thank you all
Every dog has his day
  • #10,178
  • Jun 18, 2017 2:13pm Jun 18, 2017 2:13pm
Hi to all!

Spent last 3 days reading, PrtSc Davits replies and putting them together.
I'm Sorry but,currently it is sorted in few categories, sorting was fast so some more sorting in future would be desirable.Also some replies should be taken out ,because they might not be necessary or content has been repeated too many times.Anyway take a look, there is only 360 posts ,less than 10,000.

Regards.

P.S.
File exceeds the limit that FF allows to upload, so here is link to download:
DOWNLOAD PDF
Know thyself
  • #10,179
  • Jun 18, 2017 2:53pm Jun 18, 2017 2:53pm
Quoting fxanalysis
Hi to all! Spent last 3 days reading, PrtSc Davits replies and putting them together. I'm Sorry but,currently it is sorted in few categories, sorting was fast so some more sorting in future would be desirable.Also some replies should be taken out ,because they might not be necessary or content has been repeated too many times.Anyway take a look, there is only 360 posts ,less than 10,000. Regards. P.S. File exceeds the limit that FF allows to upload, so here is link to download: DOWNLOAD...
Hi Fxanalysis
I really appreciate work you put in to it.Grateful, I will in the near future summarize everything how I trade that makes logical sequence.
Thank you again
In trading, you have to be defensive and aggressive at the same time
  • #10,180
  • Jun 18, 2017 5:52pm Jun 18, 2017 5:52pm
Quoting fxanalysis
Hi to all! Spent last 3 days reading, PrtSc Davits replies and putting them together. I'm Sorry but,currently it is sorted in few categories, sorting was fast so some more sorting in future would be desirable.Also some replies should be taken out ,because they might not be necessary or content has been repeated too many times.Anyway take a look, there is only 360 posts ,less than 10,000. Regards. P.S. File exceeds the limit that FF allows to upload, so here is link to download: DOWNLOAD...
Nice effort fxanalysis.
I actually started a Word document to summarize everything but don't have the time to finish it.
"Letting losses run is the most serious mistake made by most investors."W.O
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