The power of Pivot Points - The only Indicator I use
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- Опубліковано 3 чер 2024
- In this video I explain how day trading with Pivot Points can enhance your scalping skills by showing you key areas of support and resistance. The Pivot Point trading strategy can also help to indicate when might be a good time to close a trade and take your profit. The power of Pivot Points - The only Indicator I use
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The content on this channel is for entertainment purposes only and is a representation of my own trading journey. I am not an advisor and any actions you decide to take are entirely your own responsibility.
Acoording from our instructor who was in trading for almost 30yrs., pivot points are one of the best indicator. They used this since the olden days when trading is not available on line. They will manually compute the numbers. There is no really exact science but it will help us make money. I appreciate you for making this video. 👏
I have been using pivot points for years and they are the best trading indicator. Thank you for your video. Your voice is so soothing and calm.
Thanks brother ! that was clear, educational and straight to the point. keep up the good. 😇💯
Hey Maff. It’s been awhile ! These are really high quality brilliant videos and unlike so many of the scam artists out there yours have integrity. You deserve a large following. Please keep these vids coming. Absolutely brilliant. Thank you.
Thank you for your kind words Kev! It really means a lot. Glad you are enjoying the videos!
what a video. your friend from Hong Kong. Tyvm for the explanation bro
Hi Maff - thank you - a really clear explanation and I like the fact that you say it's not easy - we could all trade successfully with hindsight!
Thank you Peter, it certainly isn’t easy and hindsight is not something to dwell upon, unless using it to learn from and better our performance in the future. Best of luck to you
This is very good. Thanks.
Hello, another great video. I will definitely be checking these out. Thank you for the information. Please do continue to provide further videos. I look forward to following your successful journey. Kind regards
Thank you Steve, glad you found this helpful and best of luck trying them out!
Subscribed after this! Appreciate the content and for speaking in simple english.
Thanks for subscribing! Glad you're enjoy the videos, best of luck!
HI MAFF... I use H1 to trade.. Basically i do is.. Dont go against the trend market.. Downtrend i SELL uptrend i BUY. P is the entry point wif 30pips zone. BUY i TP at R1 n SELL my TP is S1.. theres no Holy Grail technique.. So if touches my SL.. S1 or R1 is my Re entry point for recovering my LOSS trade... Superb indicator.. gives u atleast minimum 100pips and above.. To all traders out there.. try it and u gonna enjoy ur profit.. Take care of ur MM and be ready for re entry.. Good luck
Thanks for the clear explanation.
You’re welcome, hope it helped!
Hello. When you get some time, please would you present another video on pivot points. I really want to fully understand these important and potentially powerful indicators. Once again, thank you for your great content. I also fully echo the sentiments of one of your other subscribers. Your integrity shines through all your videos. Kind regards
Thank you Steve. You say you would like another video on Pivot Points, please let me know what I can do that I haven't already done in this video and I will see what I can do
Could you show some live trading examples, showing you placing these trades based on the price action, not just a look back at what happened and where money could have been made. That will help understand what you do, see, and how to identify the entry points, the stop points, and the take profit points. Thanks
Just zoom in on the candles on a lower time frame to see if they form a breakout structure as they're near the SR lines.
Perfect explanation 👌❤
Thank you Lennie, hope it helps! Best of luck
Awesome Video.... SO helping that I immediately Subbed... LOL
Thank you! Glad it helped! Best of luck
Thanks a lot for your video ,,,,
My pleasure, hope it helps!
Hello, do what is the best TF to be used with pivot points? 1min or 5min TF?
Where do you place stop loss and do you trail it
Pivots with volatility
I've gone on trading view to search for the Pivot point you use and i couldn't find it.
Pls give me the name of the pivot point indicator you use as there are many kinds of pivot indicators out there on trading view
Where can I find this in tradingview
Hi kindly assist me with the name of the picot you are using
Thanks for the vid. What setting do you set the pivot point for day trading. Is it set to daily pivot point or auto?
I just have it set to the default settings
Appreciate your sharing knowledge ❤️ but u didn't tell the which pivot we should take and setting in trading view
I just used the classic pivot point indicator with default settings, there are many others which you can try and see what works for you
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in pivot point which do you use S/R? classic S/R orFibonaci S/R?
I just use the classic
Why do you use traditional vs fibonacci pivots.
I have never tried fibonacci pivots, or any other type of pivot point. I found the traditional pivot calculation made sense to me and is now what I'm used to. As it goes with all indicators, you have to go with what works for you
Anchored VWAP is simpler.
I agree, I’ve looked into it and looks very useful. I’m planning on trying it out for a while and possibly making a video about it…
Anchored at what? Open of previous day?
From india
Sometimes they're resistance and sometimes they're not... Isn't that maybe we often see patterns even in the random?
Exactly, it’s never an exact science, but history shows us that some patterns do occur sometimes, so we can use them as a guide to help make informed decisions