A powerful Pivot Point trading strategy

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Tradeciety.com

Tradeciety.com

Күн бұрын

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#forex #trading #technicalanalysis

Пікірлер: 186
@Tradeciety
@Tradeciety 4 жыл бұрын
Do you like my free KZbin videos? Then you will love the Tradecademy! My course summarizes 16+ years of trading experience in a few hours. And you receive support from your mentor (me!) 7 days a week in our private chatroom: ► tradeciety.com/academy/ Thank you for your support and happy trading! The best book for technical analysis? My book is an Amazon bestseller with 5* reviews: www.tradeciety.com/book/
@rabihabdulsamad272
@rabihabdulsamad272 3 жыл бұрын
the real way to use pivot points in day trading is if price opens below the Central pivot point wait for the tracement into the pivot point and then look to short it. If price opens above the central pivot point wait for retracement into the central pivot point than look for long. It works 90% of the time. Take profits near S1 or R1 depending on trade direction.
@MrAcSP
@MrAcSP 3 жыл бұрын
I thought about a similar approach when the price is half way through the distance between the piviot point and R1 or S1, than I open a pending order in the direction of R1 or S1 and Sl at the pivot point. Which timeframe are you using for this strategy?
@madmantrader
@madmantrader Жыл бұрын
That is how I use pivot points I am convinced alot of bank algos use pivot points in their strategies. However, there are many different ways to use tools and open to new idea.
@DanielP124
@DanielP124 10 ай бұрын
Would you set up a 4h pivot point or a daily pivot point in this case ? And which timeframe would you trade ?
@rexrex3604
@rexrex3604 Күн бұрын
thank you for this very helpful video, Rolf. you don't see a lesson like this that is being taught for free, godbless you, man. more power to you and your channel.❤‍🔥❤‍🔥❤‍🔥
@SIASTRA
@SIASTRA 4 жыл бұрын
I have pivots on my charts and never really knew how to use them, thank you so much for sharing your knowledge with us
@jcdebelen8983
@jcdebelen8983 4 жыл бұрын
thank you for this very helpful video, Rolf. you don't see a lesson like this that is being taught for free, godbless you, man. more power to you and your channel.
@Tradeciety
@Tradeciety 4 жыл бұрын
Thank you. I appreciate the kind words :)
@REBELLIOUS513
@REBELLIOUS513 4 жыл бұрын
started trading pp a lil while ago and i challenge anyone to backtest fibonacci pivot points and look for break and retest setups and see how accurate and powerful it is..i was blown away..im forward testing pivots all this year..for noobs...what is break and retest?...wait for price to break a pivot and wait for pullback it doesn't matter timeframe and i advise learn candlesticks like the back of your hand..i dont do trendlines,horizontals etc...just pivots and price...that's it!..study says pivots will be hit at least 76% of the time seems to be working well with adding to positions i didnt backtest that so not sure just been testing it out sorta speak but im really enjoy just zip through so many pairs..if price isnt at or near a pivot i keep it moving..this will absolutely help u stay out of bs trades..
@REBELLIOUS513
@REBELLIOUS513 4 жыл бұрын
@@Anthonyij lol damn dawg stick to beer pong i guess
@REBELLIOUS513
@REBELLIOUS513 4 жыл бұрын
@@Anthonyij im up 140 on this same strat on e/u break and retest of pivot..works awesome for me sorry to hear that lol
@Firstdrakular11-11
@Firstdrakular11-11 4 жыл бұрын
Thanks for that man.... Pls i will appreciate u sharing with me ur fibbi-pivot point.... Thank u
@REBELLIOUS513
@REBELLIOUS513 4 жыл бұрын
@@Firstdrakular11-11 anytime man
@ryanexplorer
@ryanexplorer 4 жыл бұрын
Hey Reb That’s great to hear, is your strategy still the same ? You don’t use any other indicator ? And on which timeframes do they work the best Thank you! 📈
@johnvincentleibrick
@johnvincentleibrick 3 жыл бұрын
Great lesson man. And the no ads is a yes for me 🤙🏽
@Tradeciety
@Tradeciety 3 жыл бұрын
Awesome, thank you!
@sankhadipbhattacharyya1642
@sankhadipbhattacharyya1642 4 жыл бұрын
excellent explanation...very helpful....the best part of the strategy is that stop loss is always very less by chart pattern itself...
@TheMacfreelance
@TheMacfreelance 2 жыл бұрын
Thanks for the info, great channel well put together and concise. Now working this piviot point concept in with Hi/Low of the day structure, sweetspots (which work well for GBP USD) trendlines and RSI and gaining some clarity an consistancy at last.
@biniyamjacob1840
@biniyamjacob1840 2 жыл бұрын
thank you very much for this insightfull video, but please how do you draw pivots points?
@Mk-os5rb
@Mk-os5rb 2 жыл бұрын
I am an Indian you have given excellent knowledge about point point with real chart candlestick best video 👍💯👍💯👍💯👍💯👍💯
@whatwouldyoudo64
@whatwouldyoudo64 3 жыл бұрын
A very informative video, thank you. I will incorporate this in my trading!
@tomaswalser1867
@tomaswalser1867 4 жыл бұрын
Never heard that you can use the central pivot point as support, this is great, just what a needed for my strategy, thanks a lot for this tutorial!!
@keepingtradingsimple
@keepingtradingsimple Жыл бұрын
did you end up implementing it?
@ChaplainDaveSparks
@ChaplainDaveSparks Жыл бұрын
Wonderful _"how-to"_ video. Thanks for disabling the ads. In my case, most of the ads I see are from your *competitors,* anyway. Another thing about ads is that people seem to subconsciously associate them with your channel when, in fact, they're keyed to the *viewer's* watching habits.
@jeanenry
@jeanenry 4 жыл бұрын
A well known pro strategy for day trading which works very well with supporting indicator confirmation, explained very well, thanks
@kaasifrizvi388
@kaasifrizvi388 4 жыл бұрын
Just came to know about the pivot today and surprisingly came across this video...wht a beautiful coincidence...it gave me such amazing insight on a very first day of pivot study
@Tradeciety
@Tradeciety 4 жыл бұрын
😁😁 happy coincidence!
@sudiptakumarofficial156
@sudiptakumarofficial156 4 жыл бұрын
Please upload more videos on CPR(central pivot point).. Thank you in Advance. & Also please make on ascending & descending CPR.
@bilalmir1000
@bilalmir1000 4 жыл бұрын
Thank you very much, I learnt a lot from this video. can please make a video using pivots along with moving averages?
@radoslavdimitrov7995
@radoslavdimitrov7995 Жыл бұрын
Lieben Dank für all Deine Bemühungen! Best price action lessons available at all in my opinion!
@Tradeciety
@Tradeciety Жыл бұрын
Danke für die netten Worte 👍
@johiebl4872
@johiebl4872 3 жыл бұрын
Great lesson, thank you! However, have you turned on extended hours on your charts while trading? As I have figured out, extended hours affect pivot points so you have different r/s levels when turning on/off extended hours. That's confusing.
@BillionaireDubaii
@BillionaireDubaii 2 жыл бұрын
what if the close is very close tot he monthly high? Would a rejection of the high be more significant as far as the indication of direction?
@privacy2404
@privacy2404 4 жыл бұрын
Hi dear your all videos and strategies is very powerful I am learning a lot. I am requesting to plz tell me what is narrow CPR. And how we can scan. Narrow CPR. Plz suggest any screener or scanner to find narrow or wide range CPR. Thanks..
@soultouchingsongs
@soultouchingsongs Жыл бұрын
Thanks a ton 🙏
@5975ami
@5975ami 7 күн бұрын
TQ for this tutorial
@robertdaniels5226
@robertdaniels5226 4 жыл бұрын
Thanks for the knowledge!
@basofirman619
@basofirman619 3 жыл бұрын
Thank you so much, how is its propability rate?
@ramankushwaha6369
@ramankushwaha6369 Жыл бұрын
Great learning bro ... Love from INDIA 🇮🇳
@JayHennigan
@JayHennigan 3 жыл бұрын
Great explanation of trading the main PP’s, thanks!
@ntabarimururu3220
@ntabarimururu3220 3 жыл бұрын
I really liked your soft teaching methods,
@jabbarabbasi3717
@jabbarabbasi3717 4 жыл бұрын
Simple way to cover difficult topic really great sir
@BillionaireDubaii
@BillionaireDubaii 2 жыл бұрын
so basically the high low and mid level are pivot point? tp levels are divided equally apart?
@ParetoEmperor-jp6ke
@ParetoEmperor-jp6ke 2 ай бұрын
i still use it, along with trendlines and classic triangles / wedges pattern, still effectively useful 👍
@alexanderbravocarvajal6799
@alexanderbravocarvajal6799 4 жыл бұрын
Thanks again, your explanation is wonderful!
@Tradeciety
@Tradeciety 4 жыл бұрын
Thank you for leaving a comment
@konradgrygo6159
@konradgrygo6159 4 жыл бұрын
great content as always ! thanks a lot
@shankarmariappan
@shankarmariappan 2 жыл бұрын
Dear friend, I have seen few videos of yours. I t was very clear and easy to under stand. Thank you so much and is there any master class please let me know. Thanks & Regards shankar
@yogeshk7769
@yogeshk7769 3 жыл бұрын
Good One. it enriched my knowledge !
@deodorodafonseca8035
@deodorodafonseca8035 3 жыл бұрын
Very informative video, thank you for sharing the content and knowledge.
@Fridrichable
@Fridrichable 4 жыл бұрын
Great explanation, keep up the good work.
@abbeylondon974
@abbeylondon974 3 жыл бұрын
Good teacher, clear and to the point. Thank you.
@Tradeciety
@Tradeciety 3 жыл бұрын
Glad it was helpful!
@jklfghjkl
@jklfghjkl 4 жыл бұрын
Great show. Please make more pivot point sessions🇨🇦thanks
@yummymealsTV
@yummymealsTV 2 жыл бұрын
How did you indicator help you mark up those boxes on the chart
@trillionairetrader798
@trillionairetrader798 3 жыл бұрын
Where do I get this exact pivot points on mt4 and mt5
@mplau4127
@mplau4127 Жыл бұрын
Wonderful and very useful video as always. Thank you very much.😊
@asifkhan-bd1sy
@asifkhan-bd1sy Жыл бұрын
Great tutorial with excellent analysis.
@skillsinsilence9698
@skillsinsilence9698 4 жыл бұрын
Great video Rolf! Best trading channel on KZbin
@Tradeciety
@Tradeciety 4 жыл бұрын
Thank you, Brad. I appreciate it
@ntm_jan
@ntm_jan Жыл бұрын
love it
@aswler
@aswler 3 жыл бұрын
At 4:46 the rejection definition is rather vague - how long are you supposed to wait? It looks as breakout first.
@matthewtheron2760
@matthewtheron2760 3 жыл бұрын
TOP VIDEO!!!!!! Thank you for free education!
@redblackch7737
@redblackch7737 4 жыл бұрын
Hello tradeciety! I too believe this is a very powerful and after all simple strategy, I would like to know which is on your opinion the best timeframe to apply this strategy and how long for the1h and 4h timeframe the trade should be. Also, do you recommend pivot point strategy for the 15min timeframe and trades from 40min to 1h long??? THANKS A LOT!!
@Tradeciety
@Tradeciety 4 жыл бұрын
Any timeframe that you are compatible with :)
@dipakchaudhari9255
@dipakchaudhari9255 4 жыл бұрын
Hi..very nicely explained PIVOT POINTS and it's use by using trend lines. Really it will be very much useful to analyse the chart and price directions. Do you recommend any other indicator in combination with PP ??
@stockmarketmindset
@stockmarketmindset Жыл бұрын
Price action and strong mindset
@bhoopsinghyadav3509
@bhoopsinghyadav3509 2 жыл бұрын
Very useful but some more insight is needed. Thanks a lot
@tarakm4773
@tarakm4773 3 жыл бұрын
A very informative video tradeciety.
@vivekshirsat9249
@vivekshirsat9249 3 жыл бұрын
Sir which kind of pivots are they? Standard? Fibonacci or Camarilla?
@serrationtool
@serrationtool Жыл бұрын
Thank You for the Precise Video.
@ahmedsiraj33
@ahmedsiraj33 4 жыл бұрын
Thanks. You really listen to the comments. Thank you. Maldives 🇲🇻
@Tradeciety
@Tradeciety 4 жыл бұрын
Of course :)
@gusinthecloud
@gusinthecloud 4 жыл бұрын
the best pivot point lecture I've ever heard
@Tradeciety
@Tradeciety 4 жыл бұрын
thanks! 🙏🙏🙏
@tmyersf4
@tmyersf4 4 жыл бұрын
Camarilla pivot points are also worth a look. Good for range bound markets.
@m.schroeder3937
@m.schroeder3937 Жыл бұрын
Danke für Deine tollen Tutorials,
@TheRealEstatePerson
@TheRealEstatePerson Жыл бұрын
Hi sir, is price action strategy needed to be backtested?
@xxxpark
@xxxpark 3 жыл бұрын
What is time frame for use poivt point?
@Mariah_678
@Mariah_678 4 жыл бұрын
Thank you very much!!!😘😘😘
@pankajkumar-cq8yk
@pankajkumar-cq8yk 4 жыл бұрын
How to identify false breakout in central pivot point.
@kkinvestment4357
@kkinvestment4357 3 жыл бұрын
Excellent might!! pure stuff ; I live your attitude
@Tradeciety
@Tradeciety 3 жыл бұрын
Thank you kindly!
@kaavishcommerceclasses5483
@kaavishcommerceclasses5483 2 жыл бұрын
Good to understand...thanks brother
@stanley8513
@stanley8513 4 жыл бұрын
You rock rolf! Thanks for sharing such good knowledge!
@Tradeciety
@Tradeciety 4 жыл бұрын
glad you liked it. thanks for leaving a comment :)
@matekiss1069
@matekiss1069 4 жыл бұрын
Love your videos! Keep up :)
@Tradeciety
@Tradeciety 4 жыл бұрын
Thanks. Great to hear
@maycairns1053
@maycairns1053 4 жыл бұрын
Thank you. Its very clear. Very helpful
@Tradeciety
@Tradeciety 4 жыл бұрын
Thanks for watching and commenting!
@pavan143kalyan2009
@pavan143kalyan2009 4 жыл бұрын
Good . Quality education
@juniormarshallhastings723
@juniormarshallhastings723 5 ай бұрын
8:06 This setup shows that the pivot level can be use as a level of resistance as well as a take profit.
@khresnopahlevi8376
@khresnopahlevi8376 3 жыл бұрын
Need more videos about pivot points. How we know beginning of a trend?
@nostoploss4226
@nostoploss4226 3 жыл бұрын
if we are in an up trend so we will see higher highs and higher lows . when you will see the first higher low and lower low it is may be the time of down trend . الله أعلم
@mutharapaul4369
@mutharapaul4369 9 ай бұрын
What is a pivot point if i may ask?
@snehalchopade3522
@snehalchopade3522 3 жыл бұрын
Very informative. Thanks 🙏🏻👍🏻
@Tradeciety
@Tradeciety 3 жыл бұрын
Glad it was helpful!
@greentrees5500
@greentrees5500 3 жыл бұрын
thank you, my sensei. love from India.
@kdsonu2
@kdsonu2 4 жыл бұрын
Sir beautiful explain by u ,,,thanks a lot,,,with humble respect
@Tradeciety
@Tradeciety 4 жыл бұрын
thank you
@anirbanbose3751
@anirbanbose3751 3 жыл бұрын
Valuable content bro. keep it on
@tomcarr5458
@tomcarr5458 4 жыл бұрын
So the pivot points must be in a trend correct and not side ways? Thanks
@EivindfxW
@EivindfxW 2 жыл бұрын
It can also be used in a range but then the rules are R1 to S1 or S1 to R1.
@evans15d
@evans15d 3 жыл бұрын
Thanks you bro for the explanation
@raymondbaloyi1318
@raymondbaloyi1318 4 жыл бұрын
Thank you.
@Lifebebullish
@Lifebebullish 3 жыл бұрын
Please is this a Fibonacci pivot point
@prakashakki1345
@prakashakki1345 Жыл бұрын
very useful for trading and thank you sir.
@NSG25
@NSG25 Жыл бұрын
Great video.👍🏻
@PeacockJason
@PeacockJason 2 жыл бұрын
Love your channel
@simoneconley5388
@simoneconley5388 2 жыл бұрын
great analysis prof
@sanjeevdesai9948
@sanjeevdesai9948 4 жыл бұрын
nice and simple, let me try it!
@shravanhegde741
@shravanhegde741 3 жыл бұрын
Did this work for u???
@gururajak8262
@gururajak8262 3 жыл бұрын
pivot point trading strategy is good for all traders thanks
@philipdratcliffe9648
@philipdratcliffe9648 2 жыл бұрын
another great video, showing support!
@sohilmasani4959
@sohilmasani4959 2 жыл бұрын
Thank for sharing
@mohammadshamimhossein9243
@mohammadshamimhossein9243 3 жыл бұрын
great explanation. Thanks
@Tradeciety
@Tradeciety 3 жыл бұрын
Glad it was helpful!
@vivekchabukswar832
@vivekchabukswar832 4 жыл бұрын
Thank you!
@Tradeciety
@Tradeciety 4 жыл бұрын
Thanks for watching!
@robkos3560
@robkos3560 Жыл бұрын
many thanks
@ikchuks4u891
@ikchuks4u891 Жыл бұрын
Thank you
@funwithforex4450
@funwithforex4450 3 жыл бұрын
Really good 👍🏽
@garylee8340
@garylee8340 3 жыл бұрын
Thank you very powerful video
@Tradeciety
@Tradeciety 3 жыл бұрын
You are very welcome
@usmanahmed8691
@usmanahmed8691 4 жыл бұрын
Great bro. love from Pakistan
@jaga1605
@jaga1605 4 жыл бұрын
Where will you place the SL? Is it near structure high low?!
@Tradeciety
@Tradeciety 4 жыл бұрын
Always protect your stop loss behind an important key area
@robkos3560
@robkos3560 Жыл бұрын
thank you
@mplau4127
@mplau4127 Жыл бұрын
No Ads.👍👍👍
@aravindtiwari9702
@aravindtiwari9702 2 жыл бұрын
Awesome content..
@narsaiahyara9276
@narsaiahyara9276 Жыл бұрын
Nicely explained 👌🙏
@Tradeciety
@Tradeciety Жыл бұрын
Thanks for liking
@ehtashamali4440
@ehtashamali4440 Жыл бұрын
Well explained Sir
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