Hybrid System of 3 Successful Traders - Swallowing with Pivot and SMA (Hybrid System of 3 Successful Traders - )

OK Please forgive me as I'm not sure if FF allows this.
This thread I started is not a trading system of my own as I have adopted these systems 3 successful systems have been published in FF.

So, please note, I’m not here to prove anything to you…

But I just put the time, effort, and energy into sharing what works for me so I can give back too…

Because I also have some friends online who help me succeed...

I'm just returning the good karma I've received and hope someone can benefit from this post...

The reason I started this thread is because I couldn't fully post my trades on every thread because it didn't exactly fit the thread starter's rules because I removed some rules/methods and then I added some rules from other systems and also added my own rules that fit my personality and risk tolerance...

Without further ado, I would like to express my gratitude to the traders who contributed to this system, which I modified to fit my trading system:
Davit - Pivot Trading Hertz 10 - The Simple H4 Mobile Trading System Andre - No Magic Moving Averages - You Just Need One

The rule I chose to adopt because it worked successfully for me:
1. Pivot Trading

1. Price action is key.
2. The 61, 78 and 100 pivot areas are typically where we would expect to trade against the trend, but we would not trade blindly and expect price to turn. Therefore, more factors are needed to confirm
3. If we are considering a trend continuation trade, we can expect price to move from the weekly pivot point to the 38 or even all the way to the 61 area, but do not enter the trade blindly either.
4. Follow the news each week to find out which currency pairs will have more liquidity and know when to trade.

2. Simple H4 mobile trading system

1. Use the 4H engulfing/outside bar as our first criterion for possible trades.
2. Use the Fibonacci tool to determine our possible stop loss and take profit levels.

3. There is no magic moving average – you just need one

1. Use 30 SMA
2. Once the price pierces the EMA, retraces back to the EMA and opens a new direction when it pierces the 30 EMA, the trade can be analyzed.
3. A 4H chart can also be used.

Rules I added myself:
> We can also open the daily time frame and look for engulfing/outside bars.
> The TMS angle meter should show only two positive numbers if we plan to buy and two negative numbers if we plan to sell.
If mixed numbers we wait... (please note this only applies to 4H chart TF)
> We only trade the 4-hour chart during the London and/or New York session.
> After drawing the Fibonacci tool, we can move the Stop Loss and Take Profit closer to the next pivot area.
> We first determine the SL and then use the position size calculator to determine our lot size before we enter the trade (it is recommended to only use 1% risk).

PS: Please be sure to check and read the working principles of the main 3 systems so that you can grasp the working principles of this hybrid combination system and lay a good foundation. Because I won't take the time to explain the very basics. If you want to be successful in this trading journey you have to do your due diligence and nothing beats hard work and persistence.

Who knows you might have better ideas for this thread too.

If you have a telegram. You can also join this room created by one of our traders who will send notifications every time an engulfing candle forms so you are instantly aware of possible trade setups...

https://t.me/joinchat/Ac3F5hWfPkZx9qYWIAotuw

Credits: Beater Trader for his efforts...

**Added February 8, 2019 - Pivot indicator for backtesting if you are interested** (Pivot_Voty)

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For those who have downloaded Voty Pivot to view previous weeks' pivots, Nostromo also offers an alternative on Davit's post.

This is the same as Voty, but without the swirl lines, making your diagrams cleaner...

Feel free to check it out too...

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Notice:

I'm closing this thread for now...

I changed my system and improved it further...

If you're still interested you can move on to a new and better system I'm working on now...

Use 4-hour outside bars with pivots for consistently profitable trades

Good luck and stay profitable!