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TDI traces green crossing the black 15-30min chart and Price action agreeingQuote:
Originally Posted by ;
I will post a number of my latest transactions to reveal
Its important to understand that pivots are zones rather than accurate number.Often price can fluctuate 10-20pips before turning.
I exchange UC a lot so here is a trade I attained over 300pips in 2 positions.
Note price testing 100R again
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Thanks for launching an fantastic thread.Quote:
Originally Posted by ;
Good Luck and we maintaining touch !
CC
thanks, the best way to enter and depart of a commerce with this system,,which of the resources confirm a buy or sell signal following price strike the pivotsQuote:
Originally Posted by ;
Sure its the same chart I use on all time frames.Zooming out it is possible to see S/R pivots better then fall down to 15min for entryQuote:
Originally Posted by ;
Beauty of pivots don't alter until week is over repainting indiors lines are there no matter which TF you look.
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Would you please put one of your trading chart?
note GU not having the ability to break 78R
Could after the Feds but so far not.
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March,April profit 60% joint hit average above 10% a month
I exchange aggressively by building rankings.
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EG is at service today
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Disclaimer
If you've got less then 2years of experience Forex I recommend not even attempting my system.
This requires comprehension of PA and that I won't reply dull questions and if you should ask basic trading 101 questions that I shall ban you from this particular thread.
Not responsible for your losses or gains.
Please use my own template and indiors only.
This is so we are on same page and stick with what is being shared here.
If you do post with added indiors you will be removed from the thread without warning!
Five fundamental truths:
1. Anything can happen.
2. You don#8217;t need to know what will happen next in order to generate money.
3. There is a random distribution between wins and losses for any given pair of factors that
define a border.
4. An advantage is nothing more than an indiion of a greater probability of a single thing occurring
over another.
5. Every moment on the market is unique.
#8211; Mark Douglas
Hi guys
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 becomes more likely to go into correction.
61 S/R main zone 78R/S is Scott Carney's last chance for alteration (spikes stops taken before reversal) 100R/S another major zone.
Should price smash 100 S/R then you are in strong trend supported by fundamentals.
Pivots can be traded both with the tendency and against.I personally don't subscribe to typical bookish emotionally that if preceding H4 is bear then premise ought to be another bear candle.This is quite incorrect way to look at the markets.Markets are in constant movement and inside 1 H4 candle price can move reverse over 100pips against preceding candle so its not about preceding candles but where price is in relative to pivots.In straightforward terms Loion is what is crucial.
I trade 15-30min charts however larger works as well.
TDI is our friend.When price hit major pivots we wait patiently for TDI to turn thus confirm the transfer. Angles significant if its PA is weak or consolidating thus avoid trading.PA is king always!
Pivot is based on broker time start and that varies from broker to broker.My broker is NY based thus if you are in that time zone no need to change anything however if you reside outside this zone you need to correct the pivot to match mine.
In order to move the pivots you need to take these steps.
Get into indy settings. Establish brokers candle to false . This is the key to having the ability correct the pivots up and down
'Choose H1 start candle': ' 2016 06 19 05:00
'Choose H1 complete candle': 2016 06 24 05:00
(5.00 a.m. may not work on your chart so try different hours until pivots line up).
Fiddle with the hour on your 'Choose H1 start candle/finish' settings to get it to line up with my pivots. When you discover the hour place the start candle and then complete candle. Once adjusted save as template and use that on each pair.
Upgraded Pivot indi just change time zone and broker candle false
should function wherever you reside
STOP LOSS
1 Pick how much every single swing is worth example $500
2. Divide $500 into mini lots for multiple entrances example .50c a pip gives 1000 pip space
3. This permits averaging in orders as seen fit irregardless if preceding orders are in red
4. Orders are placed provided that reason for trade is still legitimate
5. If conditions change loss is accepted since orders aren't placed all at once this permits smaller reduction
Swings
Every single investment $500 (example yours might be anything)
Swing is accepted as reduction once -$500 is reached
there aren't any exceptions.No running red beyond $500
Orders broken down into mini lots that suits each swing consist of 10-15 trades
My funding for this is 2-3% of account risk say $500 for example.I then enter trades on mini lots provided that my 500 is not absorbed on DD and I am still convinced of my trade that I remain on it.I may choose to get out early but many times my SL is predetermined.This lets me throw a wider net. So my 10mini lots can cover 50pip space hence capture better RR
There is advantage to trade that way.Should PA go against you and you no more like the trade you can get out by portion of lot spent hence your reduction is minimal instead of traditional 1 trade 1lot per trade when if incorrect loss is considerably greater.
Amounts posted are for cases only
Note quite important this system does not work best with hyper pairs that usually have over 120pip ADR such as GJ GA GN etc
From numerous trial and mistakes low ADR pairs fits the best within my method
Pairs I trade most often
UC AC NC EA AU GU NU AN EU
This can be progress trading
I won't answer inquiries such as
What is pivot/ service resistance/ price action/Fibonacci trading etc.For that check out babypips.com
Note this isn't TMS.Nothing I do is related except I use TDI
Anglelator is there to find out what PA is performing on other TF's developed by Griffinsoul and his group of contributors.Its not a signal only a supportive actor.
If you are harmonic trader you'll find this fib pivot indior often corresponds on crucial zones.
Books that will help you
Trading in the zone
The Disciplined Trader: Developing Winning Attitudes Mark Douglas
Trading in the Zone Mark Douglas
P-Cybernetics, A New Way to Get More Living Out of Life Maxwell Maltz
The Keys to Emotion Free Trading Larry Levin (clipboard under s abode)
Harmonic Trading, Volume One: Profiting from the Natural Order of the Financial Markets Scott M Carney
Volume 2 as well
Free publiion with him on clipboard (theht)
Required to watch videos by Mark Douglas
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