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BTCUSD Strictly Pivot levels

  • #21
  • Aug 14, 2019 2:17am Aug 14, 2019 2:17am
Quoting MzansiObi
Pending order.... Buy: 11 018.13 SL. 10 841.1
Stopped out
4&1 All Time Profit: $37,496
  • #22
  • Aug 14, 2019 4:21am Aug 14, 2019 4:21am
Strap on your seat belt. We could be going sub 10K for a short time frame.
Money = Labour coupons
  • #23
  • Aug 14, 2019 7:57am Aug 14, 2019 7:57am
Quoting TMR
Strap on your seat belt. We could be going sub 10K for a short time frame.
Lol you did call it bud.....
Am thinking below the pivot I should sell towards targets and vice versa if we are above it........


It seems to respect them....mind you it's just day three trying this out......


Time will tell
4&1 All Time Profit: $37,496
  • #24
  • Aug 14, 2019 8:07am Aug 14, 2019 8:07am
Quoting MzansiObi
{quote} Lol you did call it bud..... Am thinking below the pivot I should sell towards targets and vice versa if we are above it........ It seems to respect them....mind you it's just day three trying this out...... Time will tell
Hey MzansiObi, How are you using these pivot points and targets?
  • #25
  • Aug 14, 2019 10:04am Aug 14, 2019 10:04am
Quoting FeliciaM
{quote} Hey MzansiObi, How are you using these pivot points and targets?
Still a work in progress but for now logic seems to follow the PA according to pace action either above or below the PP....will give it some sessions to fully see which works best
4&1 All Time Profit: $37,496
  • #26
  • Aug 14, 2019 10:22am Aug 14, 2019 10:22am
Quoting TMR
Strap on your seat belt. We could be going sub 10K for a short time frame.
  • #27
  • Aug 14, 2019 2:57pm Aug 14, 2019 2:57pm
Quoting TMR
Strap on your seat belt. We could be going sub 10K for a short time frame.
It's looking that way. Sell in at 10,203.

Quoting FeliciaM
{quote} Hey MzansiObi, How are you using these pivot points and targets?
My question exactly. I am new to trading (including crypto), but am really intrigued looking at this model.
  • #28
  • Aug 14, 2019 2:59pm Aug 14, 2019 2:59pm
Quoting MarkGman
{quote} It's looking that way. Sell in at 10,203.
Only had two trades in it this week so far....one green one red....... Let's see what tomorrow brings
4&1 All Time Profit: $37,496
  • #29
  • Aug 14, 2019 3:04pm Aug 14, 2019 3:04pm
Quoting MzansiObi
Only had two trades in it this week so far....one green one red....... Let's see what tomorrow brings
My second trade as well. First one red. We'll see how this one goes. Staying patient and looking for some select entry points. Thanks for starting this thread so we can learn together.
  • #30
  • Aug 15, 2019 1:41am Aug 15, 2019 1:41am
Quoting MarkGman
{quote} My second trade as well. First one red. We'll see how this one goes. Staying patient and looking for some select entry points. Thanks for starting this thread so we can learn together.
I am with you Mark,


Patience and knowledge......



Levels for today are as follows
Cam levels
R4 11 496.0
R3 11 272.1
R2 11 197.4
R1 11 122.8

PP 10 347.96

S1 9 182.0
S2 9 107.4
S3 9 032.7
S4 8 808.8


Fib levels
R3 11 243.7
R2 10 901.5
R1 10 690.1

PP 10 347.9

S1 10 005.7
S2 9 794.3
S3 9 452.2



Below pivot,. Will look to sell towards support levels.....
First target fib S3 level then cam S1... Will enter around or towards pullback at

Sell limit
Sell: 9 800
SL 10 400
4&1 All Time Profit: $37,496
  • #31
  • Aug 15, 2019 2:33am Aug 15, 2019 2:33am
Quoting MzansiObi
{quote} Still a work in progress but for now logic seems to follow the PA according to pace action either above or below the PP....will give it some sessions to fully see which works best
Hi MzansiObi, thanks for the guidance and response.
So do you calculate these daily or on the 4 hour chart? So if support levels hold we can buy?
  • #32
  • Aug 15, 2019 2:39am Aug 15, 2019 2:39am
Quoting MarkGman
{quote} It's looking that way. Sell in at 10,203. {quote} My question exactly. I am new to trading (including crypto), but am really intrigued looking at this model.
Hi Mark.

Have been using levels and other tools( RSI and EW) in accordance with price action on currency pairs and commodities, mainly Gold.....so trying out the levels first with Cryptos as per the first post.....it's a work in progress and will keep watching and spend enough time on it to try and get some sort of consistency with a favourable return going forward.

The first few trades was looking at buying near support and back towards the pivots, this also in accordance with mean reversion on daily chart.

Since those haven't held, am looking at following price action if it's below the pivot.
With the intention of taking profits at or around the support levels of selling and doing the inverse if we are above the PP
4&1 All Time Profit: $37,496
  • #33
  • Aug 15, 2019 2:59am Aug 15, 2019 2:59am
Quoting FeliciaM
{quote} Hi MzansiObi, thanks for the guidance and response. So do you calculate these daily or on the 4 hour chart? So if support levels hold we can buy?
Wait for New York close then calculate for the next day.
Because I'm not just trading BTCUSD alone, I just work off of the daily chart for it specifically till results maybe show some sort of consistency then will look at dropping to lower timeframes, otherwise we would need to recap every 4 hourly close and that would be tedious for now. Please see
4&1 All Time Profit: $37,496
  • #34
  • Aug 15, 2019 9:35am Aug 15, 2019 9:35am
Quoting MzansiObi
{quote} Wait for New York close then calculate for the next day. Because I'm not just trading BTCUSD alone, I just work off of the daily chart for it specifically till results maybe show some sort of consistency then will look at dropping to lower timeframes, otherwise we would need to recap every 4 hourly close and that would be tedious for now. Please see
That's helpful. Thanks for clarifying.
  • #35
  • Aug 15, 2019 10:58am Aug 15, 2019 10:58am
Quoting MarkGman
{quote} That's helpful. Thanks for clarifying.
Pleasure Mark.


Price.ia making its way toward pivot....will short it once it gets to 10 180/200
4&1 All Time Profit: $37,496
  • #36
  • Aug 15, 2019 3:29pm Aug 15, 2019 3:29pm
Quoting MzansiObi
{quote} Pleasure Mark. Price.ia making its way toward pivot....will short it once it gets to 10 180/200
And I'm in.....
Will look at daily close to assess pivotlevel for Friday....
Current stop still above today's pivot ... Let's.....
4&1 All Time Profit: $37,496
  • #37
  • Aug 16, 2019 2:46am Aug 16, 2019 2:46am
Yesterday's pivot 10 347.9 like a magnet,

Price pulled towards it allowing the entry and continued the drop southward

Initial sell limit was at 9800 with a stop above pivot slightly and it was taken out(stop was too tight and close to the pivot point) and second sell order was at 10 180 SL at R1 fib...this held nicely and trade already in profit and trailing the profit.


With that said levels for today as follows

Cam levels

R4 11762.765
R3 11528.8475
R2 11450.81262
R1 11372.87131
PP 10069.87
S1 9345.648689
S2 9267.707378
S3 9189.6725
S4 8955.755

Fib levels.

R3 11005.54
R2 10648.11406
R1 10427.29594
PP 10069.87
S1 9712.44406
S2 9491.62594
S3 9134.2


As such pending limit order for today.

BTCUSD
Sell: 10 000
SL :10 651.

Note* if this order doesn't get filled it's fine as yesterday's order still running.....

Trade safe.
4&1 All Time Profit: $37,496
  • #38
  • Aug 16, 2019 5:28am Aug 16, 2019 5:28am
Quoting MzansiObi
Yesterday's pivot 10 347.9 like a magnet, Price pulled towards it allowing the entry and continued the drop southward Initial sell limit was at 9800 with a stop above pivot slightly and it was taken out(stop was too tight and close to the pivot point) and second sell order was at 10 180 SL at R1 fib...this held nicely and trade already in profit and trailing the profit. With that said levels for today as follows Cam levels R4 11762.765 R3 11528.8475 R2 11450.81262 R1 11372.87131 PP 10069.87 S1 9345.648689 S2 9267.707378 S3 9189.6725 S4 8955.755...

Pending order filled.
Other trade Trailing stop taken out....
Let's see...
4&1 All Time Profit: $37,496
  • #39
  • Aug 17, 2019 3:20pm Aug 17, 2019 3:20pm
Happy weekend traders......

First week into it and mixed results but still profitable albeit minute...
But the quest continues....

Let's see where and how it stands after a couple of months.....

Weekly levels for the week ahead.....

Fib Levels


R3: 12 604.68
R2: 11 792.43
R1: 11 290.62

PP: 10 478.36

S1: 9 666.10
S2: 9 164.29
S3: 8 352.04

Will see what intra day levels pose for us in the new week.
Trade safe trade wise ...
4&1 All Time Profit: $37,496
  • #40
  • Aug 19, 2019 1:50am Aug 19, 2019 1:50am
First trade for the week....

Sell limit...
10 685.20
SL 10 985.
TP Open....


Let's see
4&1 All Time Profit: $37,496
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