17 - DavitÃ - Â - S Posts On His Pivot Trading Thread-2017-09-Pages-55

Davit’s Fundamental-Technical Posts since beginning Pivot Trading
Update: Monday, January 15, 2018
 Post 11,376
 Cleanup
 Quote
 Sep 2, 2017 1:31pm
 Davit
 Joined Feb 2012 | Status: Member | 14,731 Posts
Quoting shay14
{quote} I was one of the guys selling Audnzd, obviously ended up in a loss. I have still a lot to learn, I like the one hour chart, how do you determine
trend structure on the higher H4 timeframe? do you use any moving averages?
Hi guys
There will be trades that simply fail.There is nothing to do then take

the loss.Move on and do more what works.
I think starting from next week market will more or less become
"normal"
Summer liquidity is thin hence why pushing things up or done to
extremes is easier achieved as we have seen on Euro however its not
easy when market is in full swing without solid fundamentals to back it
up.
August ending up -1137

Some of the positions I had to liquidate.Not discouraged part of
trading.Good luck
 Post 11,383
 Cleanup
 Quote
 Sep 5, 2017 9:13am
 Davit
Hi guys
Closed EN with decent gain
+882pips
looks like NK spooks the market hence AUD specially shooting high.I don't think it will stay there much longer
Short on AU and AN
Attached Image (click to enlarge)
Page 1 of 55
Every accomplishment starts with the decision to try
 Post 11,384
 Cleanup
 Quote
 Sep 5, 2017 11:20am
 Davit
closed AN at pivot
+377pips can it drop further? yes but I need to take profits now.
 Post 11,388
 Cleanup
 Quote
 Sep 5, 2017 1:17pm
 Davit
closed some EU
+120pips
Page 2 of 55
total for today +1379pips happy with that

 Post 11,389
 Cleanup
 Quote
 Sep 5, 2017 1:21pm
 Davit
EN bounce at current waiting little higher for 2nd round of shorts

 Post 11,412
Page 3 of 55
 Cleanup
 Quote
 Sep 9, 2017 8:42am
 Davit
Hi guys had great week last week and carrying some positions to this
week.
Catalonia sets independence vote for Oct. 1

https://www.cnbc.com/2017/09/07/spai...october-1.html
This should be on FF news but its not.This could be destabilizing factor

that could effect the Euro
In my view USD has been severely sold off could be due to storms
factor and unemployment spike was result of it which should be
temporary.
I don't see major fundemetal factors of weakening US economy.USD
sold off is to some extend result of Trump's inability to get things done
and congress inability to work for common goal.
This could change if Trump passes tax reform.This is huge.
have a profitable week
 Post 11,436
 Cleanup
 Quote
 Sep 12, 2017 2:13am
 Davit
closed some trades

AN+234
EN +644
I have been milking buying NZD this month and its been great.I like to
reenter on EN above 1.65 again
short on AU and EG long term
Attached Images (click to enlarge)
Page 4 of 55
 Post 11,452
 Cleanup
 Quote
 Sep 12, 2017 7:01pm
 Davit
Page 5 of 55
Quoting dab
{quote} I'm confused as you say you never trade against the trend and that you trade 4h, daily, weekly. EU has been bullish for months yet top of this
page your chart shows you have been short EU. I can understand the trade from a pivot point of view but not if you don't trade against the trend.
I personally trade swings

Trend? What is and how to define it. Example AN is it still going up or
its already in new down trend same on EN and same on EU
That's the problem you can easily be stuck on wrong side. When you
think in swings pivots help identity them.Think swings not trends
Some define trend based on 200MA above up below down however
distance between 200MA and price can be over 300-700+pips and in
terms of practical trading its useless.See chart 200MA
regards
Page 6 of 55
 Post 11,454
 Cleanup
 Quote
 Sep 12, 2017 7:14pm
 Davit
Page 7 of 55
Quoting shay14
{quote} aweful week for me, my issue is not trading with the trend do you use any techniques to enter the trend using the pivots? i tried MA's but they're
lagging as we all know
try paper trading for a month.Get things sort out.When things don't
work out don't force examine why.It could be your stops are too wide
or your positions too big or inpatient entering too early.
 Post 11,458
 Cleanup
 Quote
 Sep 13, 2017 1:19pm
 Davit
Quoting Expo33
{quote} Thanks Davit. I noticed posters use different colored templates so I'm assuming you mean stick to regular candles and not Renko? I use the
darker template as my eyes have trouble with the lighter background.
Hi Expo colors are not important but indicators are.Thank you

 Post 11,459
 Cleanup
 Quote
 Sep 13, 2017 1:20pm
 Davit
closed another small batch on EN

Have AU and EG shorts running
+332pips
 Post 11,460
 Cleanup
Page 8 of 55
 Quote
 Sep 13, 2017 1:23pm
 Davit
Quoting DHPips
{quote} Hello Davit, I've been lurking your thread for about 6 months, and I want to thank for it, it means a lot for me. Now, I've been starting to trade
with live acc for few months, hope this thread would be more active like 2 months before. Hello solecrusader, I want to confirm your sentence above, are
you open your position right after breakout of the trend? I found that your positions are not at the top of the trend (most people aiming for). Regards
have lot going on my personal life that does not allow time.Back injury among other things.
thank you and sorry for not being as active
 Post 11,462
 Cleanup
 Quote
 Sep 13, 2017 1:26pm
 Davit
in my view AN is already in down trend so waiting for decent rally to

short this
W pivot would be ideal
 Post 11,473
 Cleanup
 Quote
Page 9 of 55
 Sep 14, 2017 9:40am
 Davit
Quoting mmo1991
{quote} and now? Did you move stoploss?
Without sounding like a broken record I repeatedly stated not to

trade Hyper pairs.
Stick with majors and low ADR pairs
It takes great deal of experience to nail G pairs specially GJ and overall
sentiment is shifting in favor of the pound hence why I have been
short on EG for long time.
 Post 11,475
 Cleanup
 Quote
 Sep 14, 2017 9:44am
 Davit
so far this month 90-2 and my DD tremendously reduced.

 Post 11,476
 Cleanup
 Quote
 Sep 14, 2017 9:48am
Page 10 of 55
 Davit
Quoting mmo1991
{quote} Thank for your advice Davit. Currently I am long GJ, EG short is good deal.
GJ could go into correction 200+pips make sure you move stops to protect profits.This pair is very unpredictable.
Focus on AC AN AU NU EU AN lately my favorite pair ranging nicely.
 Post 11,477
 Cleanup
 Quote
 Sep 14, 2017 9:51am
 Davit
talk about power of pivots

Right on the T
 Post 11,488
 Cleanup
 Quote
 Sep 15, 2017 5:13am
 Davit
Page 11 of 55
closed some on EN+650pips

 Post 11,489
 Cleanup
 Quote
 Sep 15, 2017 5:20am
 Davit
Quoting fibo38
{quote} I am entry, thanks Davit, !!!!!Good Eye !!!!! {image}
Hi my friend looks like you are hitting some rough waves.After looking at your TE its apparent you are all over the board.
This is not good.Try focusing again on slow pairs and as few as possible.I made serious pips so far this month by trading almost all AN EN and some EU
so keep it focused avoid pairs you are not familiar.
regards
 Post 11,490
 Cleanup
 Quote
 Sep 15, 2017 5:27am
 Davit
Page 12 of 55
Quoting Mary.Lawson
{quote} Hi, Davit! You are doing great job, your posts and guidance/suggestions are helping us a lot. I want to know that how you keep your eyes on
Fundamental events? As I understand so far that you have really good fundamental knowledge of currencies which you trade and no doubt this should be
giving you more confidence that tecnically and fundamentally you are at the same page. Do you follow any news channels/news websites/articles before
fundamental events to get an idea about that event and than you manage/plan your trades accordingly OR you...
Hi Mary
I do follow fundies and do have news feed on my template and do check news on Bloomberg my favorite site and if something I like to know more like NZ
elections I just google local NZ newspapers and read them.In short I try to be "in the know" and feel market sentiment.
Right now USD is starting to gain momentum and that should pick up more as closer we get to Dec.BOE already signaled they are ready to hike and good
for me I am massively short on EG and AU anyway cheers
 Post 11,491
 Cleanup
 Quote
 Sep 15, 2017 5:32am
 Davit
waiting for this to break to 61S

As you guys can see price can't break above WP and when you look at AU at 80 more or less and NU 7265 its obvious AU has overshot and has great deal
of correction in it. So when both get sold AU has more "room " to drop
Crosses are difference of the majors AN is basically AU+NU
 Post 11,496
 Cleanup
 Quote
 Sep 15, 2017 7:32am
 Davit
closed AN at 61S or close to it

+353pips
Page 13 of 55
 Sep 15, 2017 3:10pm
 Davit
Heads up guys
Its tempting selling CJ EJ GJ UJ but with North Korea situation is pretty
dangerous over the weekend to leave trades running.If Trump strikes
over the weekend you better have your SL's in place
 Post 11,504
 Cleanup
 Quote
 Sep 15, 2017 11:07pm
 Davit
Hi guys have little time now like to cover few refresher points
When you have it good going then that's when you must be vigilant
not to get overconfident and careless.
Page 14 of 55
1. Overtrading
One of the common symptoms to overconfidence is over trading.
This can be done by trading too frequently, taking extremely large
trades, or taking uncalculated risks. Overconfident traders can believe
they are so “well equipped” with the right skills that they do not
properly money management. If they did they would realize their
overtrading can have disastrous effects. They are often so focused on
making large gains, and believe they have the ability to do so, that
they forget traders can both lose and win in the field of Forex.
Overconfidence psychologically sets traders up for making mistakes,
because they don't prepare for the loss.
2 please keep your positions small

3 Don't mix systems try to perfect what you are familiar.If trading
Pivots then don't mix MA's, BB's,Daily CCFp, CC, & strength, Trading
made simple etc
Try focusing on 1 whatever you choose.
 Post 11,506
 Cleanup
 Quote
 Sep 16, 2017 11:15pm
 Davit
Quoting Cryptosurf
Should be interesting on tomorrows open. Japanese Prime Minister Abe May Call Snap General Election, NHK
Reports https://www.bloomberg.com/news/artic...on-nhk-reports
thank you
good thing no Yen positions on my side.Weds
FOMC Economic Projections
FOMC Statement
should be positive for USD
 Post 11,510
 Cleanup
 Quote
 Sep 17, 2017 10:27am
Page 15 of 55
 Davit
Quoting liamseden
hi everyone, been a while i didn't post something here, everything is okay i was on holidays and last week i had a knee surgery that went well, now i
have to rest a bit. But results are interesting to show, i will post them once i get better. Have a good week-end everyone. Trade safe.
Nice to see you back.I am recovering from back injury still in

pain.Walking with tilted back and know how it feels not being mobile.
Speedy recovery
 Post 11,517
 Cleanup
 Quote
 Sep 18, 2017 9:07am
 Davit
worth watching
 Post 11,518
 Cleanup
 Quote
 Sep 18, 2017 9:08am
Page 16 of 55
 Davit
CJ can't break 91.30 worth watching

 Post 11,519
 Cleanup
 Quote
 Sep 18, 2017 9:10am
 Davit
EN one of my profitable pairs this month waiting little higher to load shorts
AU shorts in full force
 Post 11,520
 Cleanup
 Quote
 Sep 18, 2017 9:42am
 Davit
Page 17 of 55
Quoting AlexC
{quote} I don't know if this might help but laying on a carpeted floor for 20 minutes and keeping the lower spine level with the floor relieves a lot of back
pain. Hope this helps.
thank you have tried this and did help along light yoga.I think it just takes time....really sore now specially bad in the mornings
regards
 Post 11,521
 Cleanup
 Quote
 Sep 18, 2017 9:44am
 Davit
I think if you are short on UC you should show caution.

Looks like accumulation forming to break north. Weds Feds event may
trigger it.
close up below
Page 18 of 55
 Post 11,523
 Cleanup
 Quote
 Sep 18, 2017 12:27pm
 Davit
Page 19 of 55
Quoting watzzup
{quote} No.1 is so true. Been in profit for 3 months and lost almost ALL profits in 2 weeks. Increased my lot size which was a mistake and wanting to
rush to double my account. The good thing is i haven't blown my live account. Reading trading in the zone by Mark Douglas, really great book to start of
in trading.
Trading is just like any other occupation takes time and honesty.Most are not honest to address their weaknesses.Its like alcoholism 1st one must identify
his/her weaknesses to work on.
good luck
 Post 11,524
 Cleanup
 Quote
 Sep 18, 2017 12:32pm
 Davit
I obviously take lots of trades that I don't post. I feel that's appropriate because I have metal resolve to address lot size, DD, and SL levels that works for
me however positing my trades all of them might create adverse situation of others copying my trades and not managing it properly.
Having said above I am short and in profit on CJ and EN both charts were posted this morning
My monthly so far
 Post 11,525
 Cleanup
 Quote
 Sep 18, 2017 2:08pm
 Davit
Nice drop on CAD CJ
Page 20 of 55
 Post 11,535
 Cleanup
 Quote
 Sep 19, 2017 8:26am
 Davit
Quoting danc
{quote} Put a good sized wooden block under your sacrum..and or find a steep flight of stairs and place sacrum on edge..dangle legs down stairs ..put up
with the pain..the plates in your sacrum need realigning..
Hi Danc thank you have been doing leaning on doors and pushing opposite hip in to straighten it and made a noticeable difference.
Going to continue the exercise which was recommended by a physical therapist.If it fails will try your technique.
Thank you
 Post 11,536
 Cleanup
 Quote
 Sep 19, 2017 8:28am
 Davit
Quoting rihlian
EA nice running {image}
Looks like similar to my EN and all E crosses stalling now but could move again.
good job
Page 21 of 55
 Post 11,537
 Cleanup
 Quote
 Sep 19, 2017 8:44am
 Davit
USD data was positive actually so do anticipate pump and dump on majors VS USD
AU could not break 80 so do anticipate more range.Range is good, that's where I make most consistent money
 Post 11,538
 Cleanup
 Quote
 Sep 19, 2017 9:08am
 Davit
Closed EN +749pips
happy with that. WAs not sure if it will break WP so not being greedy.
Page 22 of 55
 Post 11,540
 Cleanup
 Quote
 Sep 19, 2017 1:27pm
 Davit
Quoting solecrusader
Few of my open positions for the week. {image} {image} {image} {image} I still have my GJ longs from last week. I am targeting 155/157 long term.
All positions saved by SL in case of trend reversal.
Its simply spectacular!

Page 23 of 55
 Post 11,541
 Cleanup
 Quote
 Sep 19, 2017 1:59pm
 solecrusader
 Joined Aug 2016 | Status: Scratch here ▒▒▒ | 81 Posts
Quoting Davit
{quote} Its simply spectacular! {image}
Thanks Davit, cannot thank you enough. Still remember the time when i was struggling and was looking for few pips. The last few months have been the
most stressless. The reason i post screenshots is not to showoff but to encourage as it worked out for me.
Cheers
 Post 11,542
 Cleanup
 Quote
 Sep 19, 2017 2:11pm
 Davit
Page 24 of 55
Quoting solecrusader
{quote} Thanks Davit, cannot thank you enough. Still remember the time when i was struggling and was looking for few pips. The last few months have
been the most stressless. The reason i post screenshots is not to showoff but to encourage as it worked out for me. Cheers
You are doing great job! Keep your attitude same humble and not get overconfident. I think of trading like ridding a motorcycle no matter how good of a
rider you are car or truck can kill you and one way to avoid is to ride defensively all the time never putting your guard down.
As we saw few star trader like Fibo lately was struggling because he was all over the board overconfident and market got to him.
Keep it in check.
Regards
 Post 11,543
 Cleanup
 Quote
 Sep 19, 2017 3:04pm
 solecrusader
 Joined Aug 2016 | Status: Scratch here ▒▒▒ | 81 Posts
Quoting Davit
{quote} You are doing great job! Keep your attitude same humble and not get overconfident. I think of trading like ridding a motorcycle no matter how
good of a rider you are car or truck can kill you and one way to avoid is to ride defensively all the time never putting your guard down. As we saw few
star trader like Fibo lately was struggling because he was all over the board overconfident and market got to him. Keep it in check. Regards
Thanks for the tip, i understand what you are trying to tell. I have experienced the same in my early part of my trading where i wanted to get too much
too quickly. I believe one learns the respect for fire after getting the fingers burned.
 Post 11,544
 Cleanup
 Quote
 Sep 20, 2017 6:56am
 Davit
Got a runner legs on this. TDI cross R61 classic pivot set up
Page 25 of 55
 Post 11,545
 Cleanup
 Quote
 Sep 20, 2017 6:59am
 Davit
still holding this. Very strong support at WP but we'll see until 2pm Feds day if it moves south
Page 26 of 55
 Post 11,553
 Cleanup
 Quote
 Sep 20, 2017 5:21pm
 Davit
Quoting pratiksanc
Davit please help me i want your pivot indicator on historical form
there you go
Attached File
Pivot_Voty(2).mq4 36 KB | 241 downloads
 Post 11,558
 Cleanup
 Quote
 Sep 21, 2017 7:32am
 DrForexMD
 Joined Jun 2016 | Status: Price Action Trader | 2,519 Posts | Online Now
I believe that the UJ has been OB and now just below F78-F100 Area. So, I went short
0.01 lot with a small live account. I believe I have a wide DD using a large SL distance to
protect against the usual NYO reversal and the Red News Wham. Please let me know if
Page 27 of 55
this is an adequate set-up:
 Post 11,565
 Cleanup
 Quote
 Sep 21, 2017 9:18am
 Davit
Quoting DrForexMD
I believe that the UJ has been OB and now just below F78-F100 Area. So, I went short 0.01 lot with a small live account. I believe I have a wide DD using
a large SL distance to protect against the usual NYO reversal and the Red News Wham. Please let me know if this is an adequate set-up: {image}
looks good
when you project descending waves keep in mind the
fundamentals.Feds said they will most likely increase interest rate
before new year so the retraction may not go deep
 Sep 22, 2017 11:19am
 Davit
Quoting rihlian
Hi Davit I never expect i will be able to trade like these. Thanks to you. one of my problem right now it over trading. Any suggestion? {image} {image}
{image}
Yes set X amount for every badge max lot committed.

Your total entries example should not exceed more then 5 dollar a pip (could be any amount don't know your account size) Does not matter how you
break it up as long as total entries caps out at 5
I don't know your account size but no matter what allow more then 200% free margin.Once you hit your max lot size+free margin then you quit until you
Page 28 of 55
close exiting trades to free margin.Free margin is important because it gives you peace of mind to trade knowing you have reserves.Relaxed mind makes
better decisions panic mind makes hasty emotional decisions. Good trading should be mechanical and boring.Should be like driving a car things done
mechanically almost subconsciously but this is hard to achieve usually after 5yrs of trading you start getting it.
hope this helps
 Post 11,578
 Cleanup
 Quote
 Sep 22, 2017 11:53am
 Davit
holding this among other trades

click on weekly and you'll see the range
 Post 11,579
 Cleanup
 Quote
 Sep 22, 2017 11:56am
 Davit
still on this
Page 29 of 55
 Post 11,581
 Cleanup
 Quote
 Sep 22, 2017 12:20pm
 Davit
Quoting Cryptosurf
{quote} Would this be considered a good example as you mentioned in
post#233? https://www.forexfactory.com/showthr...62#post8941262 Specifically: "ADR is just allowing you to see daily extremes better. Example if UC
travels 100ADR last 20days and its at 110 then chances of correction is great." The 20 day ADR was at 124 and price up around R138.
yes but always wait to see if the drive is finished watch PA for this.Rest is pure probability edge over number of trades=profits
 Post 11,582
 Cleanup
 Quote
 Sep 22, 2017 2:41pm
 Davit
Closed EA +565pips happy with that.

Page 30 of 55
 Post 11,586
 Cleanup
 Quote
 Sep 23, 2017 9:50am
 Davit
Hi Guys
If nothing happens about NK I anticipate Yen gaining next week.I still
have all my Yen positions open EJ and CJ
Very nice profitable Sept so far.Made up my August loss plus more.You
must believe and have faith in yourself.Continue what works and
equity will grow over number of trades.As I said many times before I
trade quarters just like any business.If you get bloody nosed one
month don't get discouraged carry on.What matter is end of the year
where you started and where you ended.
135-2
Page 31 of 55
 Post 11,591
 Cleanup
 Quote
 Sep 24, 2017 12:13pm
 Davit
Quoting shay14
{quote} Jeeze Davit, this is amazing Do you offer any mentoring at all ?
thank you and everything is on this thread.Rest is up to you.Anything

worth achieving requires hard work so your results are propositional of
your commitment.
regards
 Post 11,593
 Cleanup
 Quote
 Sep 25, 2017 8:37am
 Davit
nice work fibo and others.

Waiting what Draghi has to say.I know he badly needs a lower Euro so
I don't anticipate too much optimism.
 Post 11,605
 Cleanup
Page 32 of 55
 Quote
 Sep 25, 2017 5:53pm
 Davit
Hi guys tough day for me had serious back spasms and could not get
Out of bed
Had my son close all my ej and cj positions
Did not count the pips but it's at least 3k possibly over total 30
positions
Happy in trading but miserable and in pain now
 Sep 25, 2017 9:38pm
 Davit
Guys thank you I am in pain now and typing from tablet staring at the
ceiling
I would not wish this pain even my worst foe.
Miss looking at the market
Right now my goal is to stand up not an easy task now
Anyway green pips
 Post 11,626
 Cleanup
 Quote
 Sep 26, 2017 12:42pm
 Davit
guys due to back pain i cant type too much.Great news is I managed to get up from agonizing bed and it was painful as hell 4 attempts and 4 back
spasms in screams.
Finally managed with tears in my eyes to get up because I know longer stay in bed worst it gets.Just looked over charts and basically my approach is
identify the trend and keep hammering the rallies so watching CJ EJ again to reload
My results have been unbelievable this month 22% gain.Take a look
Thank you deeply for well wishers and I will respond more once I am able to seat
Page 33 of 55
 Post 11,627
 Cleanup
 Quote
 Sep 26, 2017 12:45pm
 Davit
expecting a bounce on EJ then watch to reload

Page 34 of 55
 Post 11,628
 Cleanup
 Quote
 Sep 26, 2017 12:46pm
 Davit
Quoting deepdrunk
Hi Davit,first let me thank you for the system.I am trading Forex,CFD,Stocks and Metals over 15 years,blow up my acc. twice...lot of
systems,approaches,psychology etc.In few words i have lot of experiences.Your approach is grate with proper levarage and i am following this system on
demo and live with small lots preparing to go back full lots. Any way i can imagine what pain your lower back is giving you.i do not know the reason for
your back pains but i will tell you my case from 1012. I have spine disease Bechterew or AS-Ankylosing spondylitis...
welcome! and thank you will respond more later

 Post 11,629
 Cleanup
 Quote
 Sep 26, 2017 12:49pm
 Davit
possible for CJ to hit Wp and all better.This pair is due to major correction
Page 35 of 55
 Post 11,632
 Cleanup
 Quote
 Sep 26, 2017 2:45pm
 Davit
Quoting forda
Davit - The only person in this thread who gives valuable posts. {quote} Hi, I look here from time to time to look for some set ups that i could miss. I do
not trade with pivot indicator. I think that instead of showing off with trades that are in green, you should share some trade ideas to each other. Green
pips.
Hi Forda
If you look few pages back you'll see I posted EJ EA CJ charts set ups
before posting my closed trades.I think this thread is about teaching
you and others how to trade and certainly not about providing study
signals so every nob takes and mishandles badly then disperses from
here.
Everything is more or less obvious what to trade because pivots and
PA show the way.
As for showing off I think its inspiring to see great results even if they
are closed.Its a proof that the system works.
regards
 Post 11,641
 Cleanup
 Quote
 Sep 27, 2017 6:26am
 Davit
Quoting acsandrei
Hi, about 13 hours ago, i found good these setup for the trigger. I took a screenshot because i want to correct my mistakes (in demo with this strategy).
Can you analyze my entrys please? I can't find the difference between them. Thank you {image} {image} {image} {image}
Issue I have is on all your trades you are late.Notice you are on H4.That's fine in general but when risking your own money getting late could become
end of the swing or "wave" then dominate trend continuing.Its funny when you say "I can't find difference between them" How about where they
are?Major support? Multiple Tops? Is the pair ranging or trending? THese are questions you must ask and look.Should become automatic like driving a
car.
Try dropping to H1 and see how you do
 Post 11,642
 Cleanup
 Quote
 Sep 27, 2017 6:31am | Edited at 10:47am
Page 36 of 55
 Davit
UJ at 61R watch PA
 Post 11,649
 Cleanup
 Quote
 Sep 27, 2017 10:47am
 Davit
Quoting Davit
UJ at 61R watch PA {image}
Have you guys watching? !!!

This can't get any easier.Watch key pivot 61-100 PA then get in.Rest is
probability over number of trades
Don't try complicate it its not
 Post 11,652
 Cleanup
 Quote
 Sep 27, 2017 11:24am
Page 37 of 55
 Davit
BOC Gov Poloz Speaks in 20 min should move the CAD

nobody wants a strong currency so I don't anticipate too positive
outlook
 Post 11,655
 Cleanup
 Quote
 Sep 27, 2017 11:43am
 Davit
Quoting Cryptosurf
{quote} That was awesome, a classic swing failure! Easy peasy.... {image}
Maybe but day is still young.Could drop to 1240 by 5pm

Time is real factor.Some of my trades lasts days some even
months...like AU and EG
WOW what a spike down on CJ Sweet
 Post 11,659
 Cleanup
 Quote
 Sep 27, 2017 12:26pm
 Davit
Loaded on CJ will see how low it'll go

Page 38 of 55
 Post 11,661
 Cleanup
 Quote
 Sep 27, 2017 1:32pm
 Davit
Quoting denisius
{quote} Same here. Only you have yours way higher. My top order 91.11. Target 90.08 . If momentum persists! Davit can you tell me your vision on
multiple orders idea? If you know for fact that price is going your way why not just use 1 order with higher volume? I am trying to understand the
concept.
I covered this way too many times on this thread and due to not being
able to seat to type I will be brief.
Pros approach trading from Risk factor

Rookies approach from profit factor
Now suppose you entered CJ short full lot at 91 and price went to
9137 that's -370 dollars and now you are shitting in your pants and
panic and get out with -370
Same order at 1 dollar a pip could cover 91-9137 and gave you an
edge both mentally and financially.This allows time to work for
you.What does that mean?Well its the whole concept about PA.PA is
nothing more then transactions taking place over time but if you are
too deep in the hole this factor is eliminated to work for you and also
Page 39 of 55
psychologically you are stressed which is more reasons that you are
likely to revenge trade to get your money back and further get into the
hole.
Should you want to get out you can always not enter rest of ME and
your damage is minimal
I hope this makes sense to you and also nobody knows the future for a
fact.Its all probabilities
 Post 11,665
 Cleanup
 Quote
 Sep 27, 2017 2:33pm
 Davit
Quoting denisius
{quote} I coudnt ask for better explanation! I got your point loud and clear. I love the part about " shitting your pants" . Been there done that.
Thanks. I appreciate the effort!
Not showing off but this is what I mean allowing time to work for you.
In 1hr increase of profits by 20%
So it works both ways. ME allows for you to let the trade do its
maximum profit however if you were in single trade its very likely that
you would of taken profit way too early since thought of PA going
against you would of been too painful.
Trust me profits pile up quickly by ME I have not found a better way to
trade.
Page 40 of 55
 Post 11,669
 Cleanup
 Quote
 Sep 27, 2017 9:37pm
 Davit
Closed my CJ shorts at 61S happy with that +1046pips

Page 41 of 55
 Post 11,670
 Cleanup
 Quote
 Sep 27, 2017 9:40pm
 Davit
results this month so far

178-2
Page 42 of 55
 Post 11,672
 Cleanup
 Quote
 Sep 27, 2017 10:29pm
 Davit
Watching EJ bounce to WP would be nice

Yen may not move much until BOJ Gov Kuroda Speaks check calendar or software on my template.
I prefer not shorting USD UJ rather short via Euro EJ
 Post 11,673
 Cleanup
 Quote
 Sep 27, 2017 10:36pm
 Davit
Love EA one of my favorite pairs

Like to see a bounce here to short little more aggressively
Page 43 of 55
 Post 11,678
 Cleanup
 Quote
 Sep 27, 2017 11:37pm
 Davit
lets talk about what not to do. When price is in between pivots like EA now don't take the trade most cases you'll be early collecting DD
Wait for price to reach its destination.Big boys who have resources to move price do have targets and pivots reveal their footprints
Page 44 of 55
 Post 11,679
 Cleanup
 Quote
 Sep 28, 2017 7:09am
 Davit
closed some UJ could not resist.Getting out before major news event and also I am USD positive bias based on fundamentals.
+365pips
Page 45 of 55
 Post 11,681
 Cleanup
 Quote
 Davit
Quoting acsandrei
usdcad seems nice to go down: tdi cross down and in h1 is near the open line of the day, what do you think? {image} {image}
didn't read any mention of the news coming up.Please pay attention to
fundementals
as well
I suggest you look at oil crude price when trading Cad
My news indicator on my template is not for decoration plus make sure
you have minimum 2 years experience.it's a requirement to post on
my thread or you will be removed
 Post 11,685
 Cleanup
 Quote
 Sep 28, 2017 8:34am
 Davit
Page 46 of 55
QQ GDP came out green and its remarkable considering all the
damages from storms.
This bolsters Yellen's projection of another hike before the year

ends.Still Short on AU and EG both long term trades but may get out
at 77 on AU
 Post 11,688
 Cleanup
 Quote
 Sep 28, 2017 8:53am
 Davit
Quoting denisius
{quote} Not sure Davit! Despite today's GDP overall dollar data stalled. It's not going anywhere literally for last 3 month. Votes on hikes will be hardly
divided. She is cautious already. Unless she wants to do something crazy before leaving. It's just my opinion. We will see in December!
Trump passes tax reform will change everything.IMO USD is strong

and will get stronger
 Post 11,689
 Cleanup
 Quote
 Sep 28, 2017 9:06am
 Cryptosurf
 Joined Feb 2015 | Status: Member | 447 Posts
On a side note, monthly UC candle has formed a monster pin bar.
Attached Image
Page 47 of 55
 Post 11,691
 Cleanup
 Quote
 Sep 28, 2017 9:25am
 Davit
Quoting Cryptosurf
On a side note, monthly UC candle has formed a monster pin bar. {image}
Monthly candle is irrelevant considering how much data gets released

in a month.To me is no indication where price will move by just looking
at the Monthly.
I think UC testing 1.27-1.30 is not ruled out
 Post 11,695
 Cleanup
 Quote
 Davit
I posted this to watch so here we go

not the ideal set up but today is just a dud day.Some days things just
don't move.
AU at 100S EU at 100S and question is which pair will be bought
more...My $$ is on AUD cause of higher interest carry over trades.
Page 48 of 55
 Post 11,698
 Cleanup
 Quote
 Sep 28, 2017 12:29pm
 Davit
Quoting denisius
{quote} Bit early Davit don't you think? Just based on S zone. Daily still strong.
I find it ironic that you quote me then type what you have.Let me suggest something please read my post again and try drawing a conclusion.
Takes a lot of energy to do what I do here for FREE and frankly its getting exhausting....
1
 Post 11,699
 Cleanup
 Quote
 Sep 28, 2017 12:39pm
 Davit
Closed my EA short +275pips

I think I am done for today
for the month 197-2 minor losses
Page 49 of 55
 Post 11,707
 Cleanup
 Quote
 Sep 29, 2017 8:18am
 Davit
Quoting denisius
{quote} No no no Davit, forgive me if I sounded harsh. It was more question rather than quot. I looked at your image and I di dn't see all indicators lined
up as you suggested per your strategy. I would never question your experience nor knowledge of trading. What you do is amazing and inspiring. And I
personally appreciate it a lot. If one day you will ask us to pay for it I will. Accept my apology!
Hi D
I think you misunderstood me.I am not offended by your post more
dismayed by your lack of not paying attention.
Trading is about paying attention.I posted a chart with yellow box and
mentioned it was a slow day(meaning not much happening) mentioned
it was not ideal set up (meaning its not system based exact trade!!)
deduction everything put together I was making best out of slow day!
Your response was not paying attention, being unaware of nuances of
the day etc etc.
Your response shows your lack of experience screen time.Over time
you will see things much better which will take you 5yrs.Like I said its
not about my ego I care less about that.Its about trading being aware
at all times.Please don't respond to this post.Just read it.
regards
 Post 11,704
 Cleanup
 Quote
 Sep 28, 2017 2:00pm
Page 50 of 55
 fantasydank
 | Joined Sep 2017 | Status: Member | 16 Posts
Cant thank you enough for the inspiration Davit.

 Post 11,709
 Cleanup
 Quote
 Sep 29, 2017 8:28am
 Davit
Quoting fantasydank
Cant thank you enough for the inspiration Davit. {image}
welcome
please clean up your chart from all indicators that are not part of my
template
this is from page 1 in screaming bold orange hard to miss correct?
Page 51 of 55
Please use my template and indicators only.

This is so we are all on same page and stick with what is being
shared here.
If you do post with added indicators you will be removed from
this thread without warning!
thank you
you will be removed if repeating same.
 Post 11,713
 Cleanup
 Quote
 Sep 29, 2017 11:23am
 Davit
Quoting denisius
Watching AC. Not sure about this PA behavior. Got small buy at S 78.
you mean S38? S61? S78 was hit beginning of the month....unless you
are way off
 Post 11,715
 Cleanup
 Quote
 Sep 29, 2017 1:36pm | Edited at 2:18pm
Page 52 of 55
 Davit
Waiting for this last batch to hit lowest number before 5pm to finish
my great Sept made up my loss on August and July plus more
 Post 11,717
 Cleanup
 Quote
 Sep 30, 2017 12:01pm
 Davit
Hi everyone
Looks like 4 or 5 people posted in Sept more or less consistently.Lots
of old timers stopped posting.Could be they mismanaged funds
,accounts when trades were going red or moved on to another system
method.
All is good I am not here for popularity contest.I have always
maintained that I trade quarters and have the end of the year as my
target.No system is loss proof! None and when you see someone
posting 700% in a week you can bet its high leverage single trade that
Page 53 of 55
went well but how many times you see same guy doing it again and
again? None becouse they just blow the account and start another
impressive % week.This is not trading! Don't get lured into abyss.Stay
focused what works.
I stress again every weekend go over important red events for

next week and mark on your calendar and even stick it on your PC
This helps to see how market gravitates to and after the events.This
exercise over time will help you be "in tune" with the market and gave
you better feel how price moves.
Green pips
Results for Sept. 197-2 took out 2/3 profits out of account for the
month.(sharp drop on graph)
 Post 11,719
 Cleanup
 Quote
 Sep 30, 2017 1:06pm
 Davit
Quoting denisius
{quote} I made decent profit ( in pips) first week using your system and set ups. But it's to early to say weather I do it right or wrong. Maybe I was lucky
this week. But you concept works no doubt. I took over 20 trades lost 5. And good chance that I lost because I just didn't want to wait. Anyway I might
agree with you , my lack of attention and rush decision not doing me any good. Start Monday I will be concentrating on more confirmed trades rather
than just levels . And if you don't mind I need you opinion on AUDCHF pair. It's totally new pair...
Page 54 of 55
I have no idea how price is going to move in the future.I trade

probabilities edge over large number of trades.No different then what
casino does 3% edge.Over thousands of bets that 3% accumulates
millions however if someone asked at black jack table if that single
hand winner of loser would hard and pointless.
You seriously should read "Trading in the Zone" You must understand
firmly the idea of probabilities.
A/CHF is correlated to EA.You should study this weekend about

correlations.I suggest trading pairs you are familiar.
Page 55 of 55

17 - DavitÃ - Â - S Posts On His Pivot Trading Thread-2017-09-Pages-55

Hochgeladen von

Dokumentinformationen

Originalbeschreibung:

Originaltitel

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

17 - DavitÃ - Â - S Posts On His Pivot Trading Thread-2017-09-Pages-55

Hochgeladen von

Copyright:

Verfügbare Formate

Davit’s Fundamental-Technical Posts since beginning Pivot Trading

Update: Monday, January 15, 2018

 Sep 2, 2017 1:31pm

There will be trades that simply fail.There is nothing to do then take

August ending up -1137

 Sep 5, 2017 9:13am

Every accomplishment starts with the decision to try

 Sep 5, 2017 11:20am

 Sep 5, 2017 1:17pm

total for today +1379pips happy with that

Every accomplishment starts with the decision to try

 Sep 5, 2017 1:21pm

EN bounce at current waiting little higher for 2nd round of shorts

 Sep 9, 2017 8:42am

Catalonia sets independence vote for Oct. 1

This should be on FF news but its not.This could be destabilizing factor

 Sep 12, 2017 2:13am

closed some trades

 Sep 12, 2017 7:01pm

I personally trade swings

 Sep 12, 2017 7:14pm

 Sep 13, 2017 1:19pm

Hi Expo colors are not important but indicators are.Thank you

 Sep 13, 2017 1:20pm

closed another small batch on EN

Every accomplishment starts with the decision to try

 Sep 13, 2017 1:23pm

 Sep 13, 2017 1:26pm

in my view AN is already in down trend so waiting for decent rally to

 Sep 14, 2017 9:40am

Without sounding like a broken record I repeatedly stated not to

 Sep 14, 2017 9:44am

so far this month 90-2 and my DD tremendously reduced.

Every accomplishment starts with the decision to try

 Sep 14, 2017 9:48am

 Sep 14, 2017 9:51am

talk about power of pivots

 Sep 15, 2017 5:13am

 Joined Feb 2012 | Status: Member | 14,731 Posts

closed some on EN+650pips

Every accomplishment starts with the decision to try

 Sep 15, 2017 5:20am

{quote} I am entry, thanks Davit, !!!!!Good Eye !!!!! {image}

 Sep 15, 2017 5:27am

 Sep 15, 2017 5:32am

waiting for this to break to 61S

 Sep 15, 2017 7:32am

closed AN at 61S or close to it

 Sep 15, 2017 3:10pm

 Sep 15, 2017 11:07pm

2 please keep your positions small

 Sep 16, 2017 11:15pm

FOMC Economic Projections

should be positive for USD

 Sep 17, 2017 10:27am

Nice to see you back.I am recovering from back injury still in

 Sep 18, 2017 9:07am

Every accomplishment starts with the decision to try

 Sep 18, 2017 9:08am

CJ can't break 91.30 worth watching

 Sep 18, 2017 9:10am

Every accomplishment starts with the decision to try