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Originally Posted by Y

Disclaimer
If you have less then 2years of experience in Forex I urge not even trying my own system.
This necessitates understanding of PA and that I will not answer mundane questions and in the event that you should ask basic trading 101 questions I'll ban you from this thread.
Not accountable for your gains or losses.

Please utilize my template and indicators only.
This is so we're all on same page and stick with what is being shared here.
Should you article with added indicators you will be removed from the thread without warning!

Five basic truths:
1. Anything can happen.
2. You don#8217;t need to understand what is going to happen next in order to make money.
3. There's a random distribution between wins and losses for any given set of factors that
define an edge.
4. An advantage is nothing more than an indication of a greater probability of one thing occurring
over another.
5. Every moment in the marketplace is unique.
#8211; Mark Douglas

Hello men
love pivots! Love TDI that is RSI MA rest of fluff I took it outside.
This is the best way to trade pivots.
As price travels progressively from each week pivot it grows more likely to enter correction.
61 S/R key zone 78R/S is Scott Carney's last opportunity for alteration (spikes stops taken before reversal) 100R/S another significant zone.
Should price smash 100 S/R then you're in strong fashion supported by principles.
Pivots can be exchanged equally with the tendency and against.I personally don't subscribe to normal bookish mentally that if previous H4 is bear then premise ought to be an additional bear candle.This is quite wrong way to check at the markets.Markets are in continuous motion and inside 1 H4 candle price can move reverse over 100pips against previous candle therefore its not about previous candles but where price is in relative to pivots.In straightforward terms Location is what is important.
I exchange 15-30min graphs however bigger works as well.
TDI is that our friend.When price hit major pivots we wait patiently for TDI to turn thus confirm the transfer. Sharp angles significant if its horizontal PA is consolidating thus avoid trading.PA or feeble is king!

Pivot is based on broker time start which varies from broker to broker.My broker is NY based thus if you're in that time zone no need to modify anything however in the event that you reside outside this zone you need to adjust the pivot to match mine.
In order to proceed the pivots you need to take these measures.
Get into indy settings. Establish brokers candle to false . Here is the trick to having the ability adjust the pivots up and down
'Pick H1 begin candle': ' 2016 06 19 05:00
'Pick H1 complete candle': 2016 06 24 05:00
(5.00 a.m. may not operate on your graph so try unique hours till pivots line up).
Fiddle with the hour on your 'Pick H1 start candle/finish' settings to get it to line up with my pivots. Once you find the hour, set the beginning candle and complete candle into the specific hour. Once adjusted use that on each pair and save as template.
Upgraded Pivot indi only change time zone and broker candle false
should work wherever you reside

STOP LOSS
1 Decide just how much every single swing is worth illustration $500
2. Split $500 into miniature lots for numerous entries example .50c a pip provides 1000 pip space
3. This permits averaging in orders seen fit irregardless if previous orders are in red
4. Orders are put provided that reason for transaction remains legitimate
5. If conditions change loss is taken since orders aren't put all at once this permits smaller loss
Swings
Every single investment $500 (instance yours could be anything)
Swing is taken as loss once -$500 is attained
There are no exceptions.No running reddish beyond $500
prices broken down into miniature lots that satisfies each swing consist of 10-15 transactions
My funding for this is 2-3% of accounts risk say $500 for example.I then enter transactions on miniature lots provided that my 500 isn't consumed on DD and I am still confident of my trade that I stay on it.I may opt to get out early but many times my SL is predetermined.This lets me throw a larger net. So that my 10mini lots can cover 50pip space hence capture much better RR
there's advantage to exchange that way.Should PA go against you and you no longer like the transaction you can get out by portion of lot spent hence your loss is minimal instead of traditional 1 commerce 1lot per commerce when if wrong loss is considerably greater.
Amounts posted are for examples only

Note quite important this system does not operate best with hyper pairs that usually have over 120pip ADR like GJ GA GN etc
From numerous trial and mistakes low ADR pairs fits the best in my method
Pairs I exchange most frequently
UC AC NC EA AU GU NU AN EU

This can be advance trading
I will not answer questions like
What is pivot/ service resistance/ price action/Fibonacci trading etc.For that check out babypips.com
Note this is NOT TMS.Nothing I do is related except that I utilize TDI
Anglelator is there to see what PA is doing on other TF's developed by Griffinsoul and his team of contributors.Its not a sign only a supportive actor.

If you're harmonic trader you'll find this fib pivot index often corresponds on essential zones.

Novels that will help you

Trading at the zone
The Disciplined Trader: Developing Winning Attitudes Mark Douglas
Trading in the Zone Mark Douglas
Psycho-Cybernetics, A New Way to Get More Living Out of Life Maxwell Maltz
The Keys to Emotion Free Trading Larry Levin (clipboard beneath s abode)
Harmonic Trading, Volume 1: Profiting in the Natural Order of the Financial Markets Scott M Carney
Volume 2 as well
Free publication with him on clipboard (theht)

Required to watch movies by Mark Douglas
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