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Davit Pivot Zone Introduction Worksheet Trade Evaluation

The document provides guidelines for evaluating potential currency pair trades based on pivot zones and technical indicators. Key aspects include preferred currency pairs to monitor, watch lists filtering for reversal signs on higher time frames, criteria for favorable pivot levels and candlestick patterns signaling reversals, and requirements across multiple technical indicators for a trade to be considered including Average Daily Range, pivot zones, Trend Determination Index signals, separation strength, and Angulator readings. Potential reversal trades are identified by meeting minimum thresholds across these factors.

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Isabelo Abao
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177 views

Davit Pivot Zone Introduction Worksheet Trade Evaluation

The document provides guidelines for evaluating potential currency pair trades based on pivot zones and technical indicators. Key aspects include preferred currency pairs to monitor, watch lists filtering for reversal signs on higher time frames, criteria for favorable pivot levels and candlestick patterns signaling reversals, and requirements across multiple technical indicators for a trade to be considered including Average Daily Range, pivot zones, Trend Determination Index signals, separation strength, and Angulator readings. Potential reversal trades are identified by meeting minimum thresholds across these factors.

Uploaded by

Isabelo Abao
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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DAVIT PIVOT ZONE – POTENTIAL TRADE EVALUATION DATE/T IME:

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1. ECONOMIC NEWS ANNOUNCEMENTS

2. CURRENCY PAIRS (PREFERRED) - WEEKLY PIVOT ZONES

 USDCAD (Davit 80% of Trades)  USDCAD  AUDCAD  NZDCAD  EURAUD  AUDUSD  GBPUSD

 NZDUSD  AUDNZD  EURUSD Other:  CADJPY  AUDJPY  NZDJPY  USDJPY  __________

3. WATCH LIST (SCAN PAIRS M30, H1, H4) KEY RESISTANCE ZONES: R100, R78, R61 – KEY SUPPORT ZONES: S61, S78, S100
HIGHER PROBABILITY PAIRS TDI HTF REVERSAL SIGNS? – TURNING VS. SEPARATION LOWER ADR PAIRS R38, S38 OFTEN PROBABLE TURN ZONE

1 CRITERIA TO TRADE:
20 DAY ADR < 120
ADR RANGE
> PROBABILITY TURN
+ ADRH OR - ADRL

4. ANGLEATOR
PAIR 2 PIVOT 3 TDI X 4 GREEN 4 RED 5 SEP 6 M5 6 M 15 6 M 30 6 H1
GREEN ANG.
+ 70 LONG   ➔   ➔   ➔   ➔
– 70 SHORT
  ➔   ➔   ➔   ➔
RED ANG.
+ 50 LONG   ➔   ➔   ➔   ➔
– 50 SHORT

5. PIVOT LEVEL (POTENTIAL REVERSALS) 6. TRADE CRITERIA: 5 CRITERIA MINIMUM TO TRADE

6. ZONE  1 ADR 20-DAY < 120


7 POTENTIAL CANDLE REVERSAL
RANGE ADRH/ADRL > PROBABILITY OF REVERSAL AT
R138 +
ADRH OR ADRL OR RANGE EXCEEDED – RED % OR ORANGE %
BULLISH CANDLE REVERSAL
MAY SIGNAL REVERSAL AT /NEAR PIVOT ZONE
 ENGULFING (BULLISH) OR PIERCING
R100 PATTERN DO NOT TRADE IN DIRECTION OF PA IF RED % OR ORANGE %
 LONG LOWER SHADOW (WICK) –
REVERSAL MAY BE IMMINENT
R78 HAMMER LOWER ADR PAIRS R38, S38 OFTEN REVERSAL ZONES
 SPINNING TOP, DOJI AT BOTTOM OF
DOWN TREND  2 PIVOT ZONE **CHECK WHERE PAIR HAS REVERSED PREVIOUSLY
R61
 Morning Star (3 Cdl Pattern) HIGHER PROBABILITY OF REVERSAL AT R61, S61 R78, S78
R38  Series Bullish Reversal Cdls. R100, S100 R138, S138 R161, S161 R200, S200
 Other WITH BREAK OF R100, S100 EXPECT BOUNCE WITH HIGH
PIVOT PROBABILITY OF CONTINUATION – STRONG TREND MAY BE EVIDENT
BEARISH CANDLE REVERSAL  3 TDI
S38 TURN/HOOK UP / DOWN
 ENGULFING (BEARISH) OR DARK
CLOUD COVER PATTERN 12 - 2 LONG
S61 4 - 6 SHORT
 LONG UPPER SHADOW (WICK) –
SHOOTING STAR CROSS UP / DOWN
S78  SPINNING TOP, DOJI AT TOP OF  ANGLEATOR
UPTREND
S100  Evening Star (3 Cdl Pattern) 4 LONG GREEN + 70 RED + 50 MORE STRENGTH

 Series Bearish Reversal Cdls. SHORT GREEN -- 70 RED -- 50 MORE STRENGTH


S138 +
 Other
5 SEPARATION STRONG

PAIR 6 ARROWS  or  M5, M15, M30 MINIMUM WITH M60 + + +

 CRITERIA MET  7 CANDLE REVERSAL PATTERNS


 LONG
 SHORT

1ST ENTRY PRICE:  SCREEN I MAGE

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