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PivotFarm

www.pivotfarm.com/..
Category: Websites
Pivotfarm.com is a provider of exceptionally precise Support and Resistance Zones we call the PowerZones! Our Support and Resistance PowerZones are time tested and offer traders the edge needed to perform in all market conditions. Utilizing Support and Resistance as a weapon in your trading arsenal helps you identify high performance areas for trade opportunities. We offer this amazing resource for the S&P 500, Nasdaq, Dow Jones, EURUSD, GBPUSD and USDJPY. Our PowerZones are created using a unique and proprietary methodology unparalleled by anyone else in the market place. We use the confluence and confirmation of over 10 different Support and Resistance identification methods including, Price swing lows, Elliot Wave, Volume Profile, Moving Averages, Fibonacci…the list goes on. Our vision at Pivotfarm is to make highly quality, professional level Support and Resistance based research affordable for every trader. Our analysts invest the time and expertise so you don’t have to!
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Pleasantly Surprised
Hi,

I have been a "break-even" trader for a very long time, and have been looking all over the web to give me an edge on these markets.

There are services out there which promise and charge a lot, but fail on the delivery in a big way...

When I first came across PivotFarm's website, I have to admit it was very plain looking, and even the past performance page was not updated. Hence, my reluctance to even try the service. But with a 7 day free trial, I decided why not, as I had nothing to lose.

So, when you sign up, what you get is access to the market of your choice on the members page, and basically a single pdf data sheet that is uploaded every day with the "PowerZones". These PowerZones are supposed to act as support and resistance levels throughout the trading day.

You also get a link to some indicators, but since I do not use any of the supported platforms, I don't use them.

I have been using the PowerZones for 2 days now, and although this cannot account for an exhaustive review of their effectiveness, this is my experience so far trading with the ES PowerZones...

Day 1:

Entered into a long trade which just went horribly wrong from the start... (against me). Nothing unusual for me, as I mentioned, I have not been spectacularly successful trading the ES. Instead of taking a stop out, as I usually would, I noticed that the market was falling into a PowerZone, I doubled down, and the markets got a bounce off the level, and I took half off at break even, reducing my position size, and risk, and basically putting me at a lower entry price with basically no loss.

Markets continue to sell, I was thinking, this is just not my day (as usual), and comes into another PowerZone, again, I double down, and again the markets find a bounce allowing me to take off half at break even, and further lowering my entry price.

Markets do find support eventually, and start drifting up from the PoweZone whereby I took the rest of my contracts off for a small gain after a very tedious wait.

As a side note, this was extremely risky trading, as one should never double down, without sufficient evidence. But, what I did was use it as part of my existing system to aid in allowing me to identify levels, which I would not normally have been able to, to potentially turn a losing trade around.

Day 2:

I noticed the markets were sandwiched between two power zone levels, and when it broke out of the higher level, I went long looking for the next higher level as a target. I have to say, that trade worked out very well. I was able to keep a small stop, and hit my target.

I have been quite pleased with the PowerZone levels so far, and I think it has definitely given me an edge in the ES markets. Which is all we can really hope for when trading, an edge.

As mentioned in the previous post, some people come in thinking this is some kind of holy grail and the solution to get rich quick. It Is NOT. I already have an existing trading system in place, I trade with more than 4 screens, I look at market internals as well as other proprietary indicators.

The PowerZones are just another layer which I'm proud to use now, as part of my system to improve my trading edge in these harsh markets.

Best Trading!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 2 people have found this review helpful.
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No longer using it
Woah woah woah.... looks like the person that left that comment under my review lost a bit of money using the pivotfarm. Chill dude, no need to resort to personal attacks.

In any case, I felt that it was appropriate for me to re-review this product since the time I used it. Fact is, I was rather inexperienced then (as the commenter pointed out), but you can be sure that it was very much what I thought of it at that time. It wasn't fake, my experience was legit.

I guess I'll just list down what I know now, and why I think this product isn't really as powerful as I initially thought.

The futures markets are much more technical than you think. There is really no need for a "powerzone" i.e a range where the ES should find support. And there is certainly no need for that many "zones" in the market, it simply confuses you.

Also, just having zones alone pasted on your chart, is insufficient. You need to know the trend of the market, if it's in an uptrend or a down trend. So, for e.g. if the market is in a down trend, buying into support on the way down is risky and dangerous, the reverse is true.



The zones alone also do no give you an entry into the market. Simply blindy buying or selling every single level is extremely dangerous.

In short, this is an incomplete system. In my opinion, it wouldn't even be useful as a compliment to your existing system, just because of the unnecessarily wide range of each "powerzone" as well as the sheer number of zones.

I guess, based on what I know now, I have to ask myself, does the powerzone give me an entry into the market. The answer is flat out "NO".

So, I cannot recomment it now.

Best trading,

Kelvin

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

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Great Concept No better than free Pivot indicators
I subscribed to this service for a few months last year, Aamar the owner is a very friendly chap and was very good about answering all types of questions about his service which is the only reason I gave the education rating above. The point of the monthly subscription is to help make money on a daily basis, this was impossible on most days trading from the Hard Right Edge. Theres no bits and bobs or signals to help you find a qualified entry anywhere on the chart. He recommends using an RSI or Bollinger Bands for confirmation and divergence. Following that concept there were far too many false signals and losing trades on a weekly basis because price tends to chop within the so called power zones more than 70% of the trading day. So while some days might be profitable overall you will blow out your account relying on these levels for Support and Resistance, in addition this service should be a one time fee for a LIFETIME subscription to be fair to users not a recurring monthly fee based on some notion that the creator has to manually calculate all the various levels on a daily basis. Absolute nonsense a simple algorithm with pivot and fibonacci can create market levels and colour up your chart within seconds or minutes. The final nail in the proverbial coffin was using the levels with both TradeStation and NinjaTrader and then adding the built in *FREE* indicators called Floor Trader Pivots and Dynamic SR lines on both platforms which are quite accurate. I found about 80 to 90% of the time these S/R levels were equal to or within 1 to 2 points of the Pivot Farm Power Zone Levels 5 days a week WOW! This discovery was blinding indeed! So the final point is well what could be done to change my opinion of this service or product. Simple Charge a flat fee for a lifetime subscription and do away with the monthly recurring service and second add a built in strategy to the code that will actually give decent buy and sell signals near or at the Power Zone Levels so that a more complete product is being offered. I dont write this to bash any company or service, I write it to help traders out there who are struggling to find profitability in these various services and in hopes that the product will improve for that reason alone I will not recommend alternatives as there are a couple other companies that provide the same type of product as Pivot Farm its up to the traders to use and see for themselves that what I have written is true. Good Trading all and bobs your uncle

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
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This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

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No charts offered
I didn’t find any charts here to display the support/resistance zones of various markets which the website claims to specialize in. They provide the data points but I think it’s far easier to see the information on charts. Perhaps they provide more graphics to members but I’m not interested in trying out the membership.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
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This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Spur20 Houston, TX

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Displaying 1-3 of 3 Total Reviews
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