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BaseTrade replied May 28, 2017Long AUD/NZD when it bounces off last week's S161 (this week's S38). On the H4 chart, TDI is hooking up in a sharp angle. Will monitor this trade to see if it can reach this week's pivot level.
Pivot Trading
- BaseTrade commented May 24, 2017
The video is pretty cool! These guys knows how to have some fun! Bankers are not so uptight after all... LOL!
Norway's central bank has made a bizarre music video to celebrate its new 'cod' banknotes
- BaseTrade replied May 24, 2017
Thanks for the hint, Davit. I'll monitor this trade carefully.
Pivot Trading
- BaseTrade replied May 24, 2017
I had also waited for UJ to broken thru the weekly pivot and stayed above it, hence I bought the break. Let see if it can reach R38...
Pivot Trading
- BaseTrade commented May 22, 2017
If enough people around the world use bitcoin, then it's value will worth even more. It's all about trust! The paper money in most countries is backed by their government, so people are more inclined to trust it.
If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million now
- BaseTrade replied May 17, 2017
Thanks, Davit for the advice. Will let this trade play itself out properly. I have a (bad) habit of cutting profitable trades too early...
Pivot Trading
- BaseTrade replied May 16, 2017
Got into the EJ trade slightly late again, because I was waiting for the TDI to cross. Like others, I've been watching EJ patiently for awhile. Price finally rejected the R138 zone, and a big H1 down candle. Davit's Pivot Trading System is truly ...
Pivot Trading
- BaseTrade replied May 11, 2017
Shorted GBP/JPY when price rejected R100 and TDI crossed down in a sharp angle. Will monitor the trade and see how price reacts to the weekly Pivot level.
Pivot Trading
- BaseTrade replied May 9, 2017
Very true, Davit. I need to treat trading as a business, execute my business plan without too much hindrance from my emotion. And, step back from the price ticks and view the business in longer terms, monthly/quarterly/yearly. Thank you again for ...
Pivot Trading
- BaseTrade replied May 9, 2017
Thanks, Davit for your golden advice. I will reduce my positions to a more comfortable level, so that I can better handle the trade emotionally.
Pivot Trading
- BaseTrade replied May 9, 2017
Got in the EUR/CAD trade slightly late. I'm not a swing trader, so it's very difficult for me to just watch price bounce up against my positions and not panic to close them for a loss. I'm setting a mental stop, that if price move back up and stay ...
Pivot Trading
- BaseTrade commented May 7, 2017
Good for the EUR! risk on trades... broad market rally...
Emmanuel Macron Elected President Of France With 65% Of The Vote
- BaseTrade commented May 4, 2017
It's interesting why Kuroda is talking up the Yen... that's counter productive to his 2% inflation goal...
BoJ Gov Kuroda: Confident Can Raise Wages, Prices Significantly – CNBC
- BaseTrade replied May 2, 2017
Great call, Davit! Shorted AC after price action rejected the R100 level. I'm still learning to be more patient, and wait for price to react to those important pivot levels... and follow the direction of price action. Thanks again for this great ...
Pivot Trading
- BaseTrade commented Apr 16, 2017
Trump changes his mind very often... can't trust his words...
Why would I call China a currency manipulator when they are working with us on the North...
- BaseTrade commented Apr 9, 2017
I think China truly agrees with America that North Korea needs to be tamed... Kim is really causing many headaches for the Chinese near their "backyard".
Tillerson: China agrees on 'action' on North Korea as navy strike group sails
- BaseTrade commented Apr 9, 2017
America is showing the world: Who's the Boss! Let's hope it's only a show of force...
U.S. carrier strike group moves toward Korean Peninsula
- BaseTrade replied Apr 4, 2017
Entered a buy at the H1 TF support zone 111.45, stop loss 20 pips below entry, 1st target at weekly pivot 111.22, 2nd target at 112.00.
USD/JPY Discussion
- BaseTrade replied Apr 2, 2017
Great thread! Thank you for sharing your trading system and teachings!
Trading Made Profitable (TMP)
- BaseTrade replied Mar 30, 2017
Thank you very much, Davit, for this great system. I bought some EU when it bounces off the S100. Looking forward to continue learning...
Pivot Trading