Do you like my free UA-cam 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/
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.
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?
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.
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.
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.❤🔥❤🔥❤🔥
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..
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! 📈
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.
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
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
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
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.
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..
Depending on your time frame. If you are scalper/day trader, you use daily pivot points. If you are swing trader you are using the weekly and monthly pivot points.
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!!
I call pivot points different, I guess people call them swing point. Much easier to trade than these “pivot points” much more clear but do what works for you.
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.
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 ??
Do you like my free UA-cam 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/
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.
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?
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.
Would you set up a 4h pivot point or a daily pivot point in this case ? And which timeframe would you trade ?
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.
Thank you. I appreciate the kind words :)
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.❤🔥❤🔥❤🔥
Great lesson man. And the no ads is a yes for me 🤙🏽
Awesome, thank you!
I have pivots on my charts and never really knew how to use them, thank you so much for sharing your knowledge with us
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..
@@Anthonyij lol damn dawg stick to beer pong i guess
@@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
Thanks for that man.... Pls i will appreciate u sharing with me ur fibbi-pivot point.... Thank u
@@Firstdrakular11-11 anytime man
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! 📈
I am an Indian you have given excellent knowledge about point point with real chart candlestick best video 👍💯👍💯👍💯👍💯👍💯
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.
At 4:46 the rejection definition is rather vague - how long are you supposed to wait? It looks as breakout first.
Lieben Dank für all Deine Bemühungen! Best price action lessons available at all in my opinion!
Danke für die netten Worte 👍
Nice. ❤
What kind of pivot point was it?
What is a pivot point if i may ask?
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
😁😁 happy coincidence!
Great learning bro ...
Love from INDIA 🇮🇳
Please upload more videos on CPR(central pivot point).. Thank you in Advance. & Also please make on ascending & descending CPR.
How did you indicator help you mark up those boxes on the chart
Where do I get this exact pivot points on mt4 and mt5
WHERE I CAN FIND LIKE THIS PIVOT GUYS ?
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?
thank you very much for this insightfull video, but please how do you draw pivots points?
so basically the high low and mid level are pivot point? tp levels are divided equally apart?
Thank you so much, how is its propability rate?
i still use it, along with trendlines and classic triangles / wedges pattern, still effectively useful 👍
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!!
did you end up implementing it?
the best pivot point lecture I've ever heard
thanks! 🙏🙏🙏
Hi sir, is price action strategy needed to be backtested?
A well known pro strategy for day trading which works very well with supporting indicator confirmation, explained very well, thanks
excellent explanation...very helpful....the best part of the strategy is that stop loss is always very less by chart pattern itself...
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
Great video.👍🏻
8:06 This setup shows that the pivot level can be use as a level of resistance as well as a take profit.
How to identify false breakout in central pivot point.
Need more videos about pivot points. How we know beginning of a trend?
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
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.
TQ for this tutorial
Please is this a Fibonacci pivot point
Is the pivot point daily?
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..
I really liked your soft teaching methods,
Sir which kind of pivots are they?
Standard? Fibonacci or Camarilla?
A very informative video tradeciety.
Good teacher, clear and to the point. Thank you.
Glad it was helpful!
No Ads.👍👍👍
So the pivot points must be in a trend correct and not side ways? Thanks
It can also be used in a range but then the rules are R1 to S1 or S1 to R1.
Good One. it enriched my knowledge !
Simple way to cover difficult topic really great sir
Thanks a ton 🙏
Great video Rolf! Best trading channel on UA-cam
Thank you, Brad. I appreciate it
What period pivot piont to use?
Depending on your time frame. If you are scalper/day trader, you use daily pivot points. If you are swing trader you are using the weekly and monthly pivot points.
Where will you place the SL? Is it near structure high low?!
Always protect your stop loss behind an important key area
Plz add the settings of pivot point.
A very informative video, thank you. I will incorporate this in my trading!
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!!
Any timeframe that you are compatible with :)
Wonderful and very useful video as always. Thank you very much.😊
Danke für Deine tollen Tutorials,
I call pivot points different, I guess people call them swing point. Much easier to trade than these “pivot points” much more clear but do what works for you.
Very useful but some more insight is needed. Thanks a lot
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.
Camarilla pivot points are also worth a look. Good for range bound markets.
Great explanation of trading the main PP’s, thanks!
Great tutorial with excellent analysis.
Thanks again, your explanation is wonderful!
Thank you for leaving a comment
Nicely explained 👌🙏
Thanks for liking
Thank you very much, I learnt a lot from this video. can please make a video using pivots along with moving averages?
Great show. Please make more pivot point sessions🇨🇦thanks
Thank You for the Precise Video.
pivot point trading strategy is good for all traders thanks
TOP VIDEO!!!!!!
Thank you for free education!
Fantastic bro keep it up 👍
Thank you so much 😀
thank you, my sensei. love from India.
Good to understand...thanks brother
another great video, showing support!
love it
Nice research 😜
Valuable content bro. keep it on
very useful for trading and thank you sir.
Excellent might!! pure stuff ; I live your attitude
Thank you kindly!
Love your channel
Very informative. Thanks 🙏🏻👍🏻
Glad it was helpful!
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 ??
Price action and strong mindset
Good . Quality education
What is time frame for use poivt point?
Very informative video, thank you for sharing the content and knowledge.
great analysis prof
Can we see pivots daily in mt4 mobile or trading view app ,pls help me and everyone because every body can't afford laptop and pivot is really helpful
go to a public library, and use those computers if you can. Tradingview is online.
Great explanation, keep up the good work.
Well explained Sir
Use CPR it will give you more edge in trading
nice and simple, let me try it!
Did this work for u???
Thanks. You really listen to the comments.
Thank you.
Maldives 🇲🇻
Of course :)
Thanks for the knowledge!
great content as always ! thanks a lot
Thank you very much!!!😘😘😘
First viewer. Liked the video.
That was quick :)
Thank you. Its very clear. Very helpful
Thanks for watching and commenting!
Thank you very powerful video
You are very welcome
Hey pivot points I want in!
Where I can get this free for pivot point (MT4). Thank you...
Did you get the indicator pivot point
Awesome content..