Article: Using Pivot Points In Forex Trading

Beginner Questions
171

Yep those are actual numbers not trades hmm then why are you quoting actual required stops? And why are those stops always different? I dont see the point in your last post. Sure it was close to a pivot. Guess what if you toss up a hourly, 4hr, daily, weekly and monthly pivots on a chart and I bet price is never far from a pivot. I can show you 100 trades where price passed the daily R1 by 100 pips. What would you say then required stop 102 pips? Come on man its easy to sate the left side of a chart. I use pivots in my trading from time to time but I call it ahead of time not after.

You are the moving average guy I knew your screen name seemed familiar. Hey toss those pivots in with your ma thread and call your shots. Then you will shut everyone up. Untill then enjoy what ever it is you are trying to prove. I am walking out of here as fast as I just stumbled in

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[QUOTE=“dennis14685;485878”]My Thread was about Moving averages, those are not the same as Pivots lol. your so cheesy. A lot of people trade crossover so I added a perpective of using Price crossover instead of SMA marketing crosses which is so lagging just like you.

Davids thread was a good one, however I guess you did not understand how to take goodbits from the bad and then take those good bits and apply those as addtional tools to your trading system.

Skype…Its funny you have doubt about the skype address, on skype just add in contact den.sherman then you wont have doubt anymore lol. Skype is very easy to use, dont be afraid of some tech. Oh are pivots still lagging? My goodness still hiding dont have the guts to add on skype, no one will bite the pizza unless its lunch time.

Oh and about the Moving averages, you should know better!
200 Sma is respected by the market
50 100 30 20 are commonly used as filters. Many Technical indicators are based on moving averages…LOL why do you have Moving averages on a charting platform. And why does credible financial news uses reference to price in respect to the 200 day? mmm duno i just sell pizza and slander hehe and scare of skype.
lol you only have doubt becuase you are afraid to add it up.

Now your mixing pivots with moving averages like pizza and spaghetti! If you had a charting platform you would see the numbers, but hay your the guy that says that the CBD banks sit on forign exchange for 11 years untill its value is worthless.

You need a plan, markets are open on Monday, there not random Mr. wannabie Micro Pizza boy, Oh well it is not going to concern you is it, Coz you will be at your day job, I wonder what that is? I know how we can find out, how about some geography, wonder how many vacations you have had this year on the interstate? How many hotel recepionsist do youknow by there first name? do you have FB lol…Hiding ah…no need for meto hide

Ok back to bizz N1 N2,all traders know that as its related to CBD entries, make it easier Negative N1…come on pluto its not about handbags or silly statements about lagging pivots lol or mixing pivots with moving averages… We love you your so awesom.

So in summary; Doubt on Skype becuase of fear to take the step. Slander on David and I am not allowed to follow a thread, Pivots are lagging, CBD sits on foriegn exchange depreciation for 11 years. N1 N2 is something odd.
Pro traders enter at random numbers. Your awesom save some money to gamble in Vegas…

[/QUOTE]

Dennis is just happy he is getting any kind of attention whatsoever… He was a follower o David Jefferson… Probably had a less then a years worth of trading experience before David J came along… Tried emulating him with his own very similar, but much more un educated thread after David got banned…never got much attention so he left for awhile…

Now he’s back with his newest craze, the weekly pivots (before it was the 100 and 200 moving averages which is what he said the “pros” used… Funny he never mentioned pivots back then) and a new Skype group (imaginary no doubt).

174

Just call me Christian Grey…you should read my autobiography. I will signed the book for you and I will make sure that you have a lifetime membership in my book club ;)… Skype is soo overated…

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oops im wrong sorry I guess Chris does not trade pivots, yes really carry on and you cant convict the innocent so keep makeing stuff up…

And PP is not a women his name is Robert…Pivots how can weekly pivot on tuesday be lagging when the pivot is valid untill friday close? how can a monthly pivot which is valid for an entire month be lagging? ooops

Source posted thats not me so sorry copy right stuff
Pivot Points - ChartSchool - StockCharts.com

Pivot Points are predictive or leading indicators. There are at least five different versions of Pivot Points. This article will focus on Standard Pivot Points, Demark Pivot Points and Fibonacci Pivot Points.

177

yes I knowyou were paying 450 an hour or something…

oh chris on pivots

Hello Simon,

Good to have you back as it seems like a long time.

So not hounding you here, just asking if we can keep the content, discussions, ideas succinct as per the goal of this forum, which is to keep it contained around price action.

I[B] do trade pivot points, but perhaps I’ll save that for another thread I’ll start in the future.[/B]

But for now, I appreciate you helping me keep the discussions in here focused on the topics of this thread.

And I’m sure you have ideas on trading price action, so you are welcome to share your price action trades here.

Thanks in advance.

Kind Regards,
Chris Capre

Read more: 301 Moved Permanently

179

holy crap. reading these posts… one statement after another without any sense whatsoever.

dennis is either:

  1. crazy
  2. stupid
  3. troll

i seriously hope he is the latter. otherwise i feel sorry.

180

A book club will help you to improve your reading comprehension and it might help you to know which one is the “fact” or the “fiction”….

We have seen so many scamers and guru’s who comes and goes to this site. Some members here are smart enough to detect which one and who they are that’s why they’ve asked so many questions…

It will really help to anybody to avoid these trap and the only way to do that is to separate the fact ( proved that it is the truth) versus fiction (imaginary)…

183

Dont trade Daily pivots, it to small a time frame, you want price to shoot 100 pips past daily as you know your gonna make weekly to weekly, You have to turn upside down to become a trader, average day on a G7 is 3 Swings on weekly, so on EJ I may manage 3 trades a day at most. Normal run on EJ is 80 Pip trade per swing. The rally the other week was well into 200 plus. If you wanna look at the daily thenyou will get eatern, daily is only important when its close to a monthly or a weekly pivot.

185

“fact” or the “fiction”…. yes I know your all very defensive, thats why no charts from myside and no sharing

QUOTE=PipNRoll;485966]A book club will help you to improve your reading comprehension and it might help you to know which one is the “fact” or the “fiction”….

We have seen so many scamers and guru’s who comes and goes to this site. Some members here are smart enough to detect which one and who they are that’s why they’ve asked so many questions…

It will really help to anybody to avoid these trap and the only way to do that is to separate the fact ( proved that it is the truth) versus fiction (imaginary)…[/QUOTE]

186

:)…:47:

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[QUOTE=“dennis14685;485968”]I dont post trades without charts. and i only post trade on entry and on close, dont do history thats for salesmen, never said pivots are lagging i said there leading, everyone else said there lagging, lol Why would i be interested in a lagging indicator

[/QUOTE]

Why would you be interested in a lagging indicator…lol?! I don’t know… Why would you have a thread where you posted hundreds of posts regarding how you trade primarily off of the 100 and 200 moving averages… Which you said are lagging indicators?

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Guys Dennis is legit and he is certainly not asian, he is english. Dennis has been teaching me and others for already a couple of month already. He is the most profitable trader I know and he taught me everything I know about Forex.

Read more: 301 Moved Permanently

191

[QUOTE=“dennis14685;485989”]

u would wet ur thong if we met little chicken pizza boy,

Read more: http://forums.babypips.com/newbie-island/33861-article-using-pivot-points-forex-trading-16.html#ixzz2SQaPb4nm[/QUOTE]

Yeh… I have a habit of peeing myself when I’m laughing really hard.

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[QUOTE=“dennis14685;486022”]yes[ im sure everyone already knows you pee yourself so what newQUOTE=ILovePizzaMore;485990]Yeh… I have a habit of peeing myself when I’m laughing really hard.[/QUOTE][/QUOTE]

Only… When I see something so pitiful and sad

196

Dude why are you so interested in anothers thong.

Also if pivots are leading then what would be the daily pivot for this coming tuesday? If they are truly leading you should already know this since they can predict the future.

197

Well its good your thinking, becuase if you traded based on the daily then depending on your time zone it would be lagging on tuesday for about 1 second on the intersection of monday to tuesday. Once Tuesday starts there will be no lag.

However there is some redundency in your question, it is a good question, however next week for example is already foretold by the weekly, which again will be in place as soon as your charts come alive on Monday morning. Daily will be foretold as soon as your charts come alive in the morning to. Monthly well thats still remains the same since the start of this month.

But I would advise not to trade the daily unless your scalping, it to short a time frame. Weekly is all good.

Chris Capri said on his post he may start a pivot thread, that would be good as most pro traders avoid sharing this overlooked stuff

198

back to page one of dales thread:

Asian Market is open and this is out play:

asian market open on Monday and we are here trading it. EU we are first shorting at 1.31317 . and entry levels we expect either to get a long at 130762 and a short 1.31817 . We are targeting 1 31189 for half TP, remainder to run. Possible re enter long around 1.31317. Depends now on the levels when London Opens.

Read more: 301 Moved Permanently

Hi,

This is probably one of the best articles on using pivot points to trade forex pairs that I’ve seen in a long while. Enjoy.

Using Pivot Points In Forex Trading

I’m personally not sure that I agree with the statement made that pivot points tend to work better in forex trading but that’s just me!!!

Regards,

Dale.

Read more: 301 Moved Permanently

199

asian market open on Monday and we are here trading it. EU we are first shorting at 1.31317 . and entry levels we expect either to get a long at 130762 and a short 1.31817 . [B]We are targeting 1 31189 for half TP,[/B] remainder to run. Possible re enter long around 1.31317. Depends now on the levels when London Opens.

1 31189 for half TP Reached half tp achived, of swimming enjoy your day

Read more: 301 Moved Permanently

200

Yes, you are correct man. I am Mr. Robert, trying to practice my communication skills for the ladies by talking about the LV handbags. I don’t mean to brag but just a wink of my eye, I can get any girls I want and I don’t have to spend any penny….just talk about the handbags and the Kardashians is all I need dude, that’s all I need … It’s a new strategy to get girls nowadays…:wink:

I will tell you this secret of mine that I won’t tell anyone even on some random site but I don’t care man…anyway, this is just between you and me…

I am in this local bar and swapping ideas with bunch of professional douchebags traders about the Weekly Pivot…we were talking about how I shorted EU by using a Weekly Pivot …and let me tell you, this Pivot is the god send. A mechanical trading strategy with a 99% accuracy is all you need bro… and even the Feds traded them. It is just sucks that some idiot retail traders don’t get it even if I tried to explain to them it is probably because of my Asian accent …

Anyway, my pro-traders buddy and I agreed to meet up via skype so if anyone asked for proof, I can then copy and paste the responses from our “chat” and that should be our proven testimony with no BS. Feel free to add me should you be interested since this will be my last post into this thread.

Peace :57:

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Theres no issues, A lot of people skipped this crazy stuff and went Private IM, Shorts working out well yes…have a great trading day ! 1.31317 entry short, we took half profit a t1 31189 and [B]remaing (oops remaining lol) [/B] half looked best at 1.30933 the rest is all noise and nothing to do with trading. Money makes Money.

PS.Big email Robert Tranny, I guess the blue thing on your head holds the cheap wig on. And yes its your last post asthere are trades being posted now you cant hide and finally How do you have time for long pointless emails the market is open for trading?