I'm not long ATM. Probably I should actually go short. I'm pretty sure this will print 1.1220 before 1.1350 at this point. I won't go short because I'll be asleep thru last half of Asian and 1st half of London session when that would likely play ...

EURUSD only

WTI Pivot/ PA looking to approve of trade. Of course anything can happen. I do follow and trade oil. Pivots work well with it. My bad if WTI not supposed to be posted. But usually most forex people trade FX/Oil/Metals. I'm in 100% support not to ...

Pivot Trading

I think you have highlighted the news well. I think the AUD news will likely do the same thing it did the last 2 times and that is to weaken the AUD. I will say I have this feeling because that is how it acted 2 times, so I expect it possible to act ...

Pivot Trading

I think Davit would approve of this video course by Mark Douglas. Davit please let me know if you think these links are relevant otherwise delete this post. Almost an 8 hr course here. I don't know the person who hosts the videos; but these links ...

Pivot Trading

I've gone short on oil again. I think it will form a double top (of sorts) from here and go back to the 51 area, after that another push up maybe 54ish and looks like back down to 48 area. That being said anything can happen. The close for today was ...

WTI Crude Oil Trading

I took off my AUD/NZD trade with some profit. The position was getting to full size and I just prefer to clean up a lot of trades before the weekend. I just can't shake the thought that there is more bloodshed coming still to this pair. So instead ...

Pivot Trading

Basically US president giving a speech now, announcing an emergency to fund the wall. He started speech with saying that US making a trade deal and supporting UK no matter whether brexit or not. So GBP is starting to go on a run, it probably will ...

Pivot Trading

Thanks for your posts! Although looks like mostly just negative US data coming today. The one unknown for me is the US president declaring an emergency and funding the wall, not sure how that will effect Eur/Usd maybe that will cause the push down ...

EURUSD only

This isn't my trade idea, so I not taking credit for this. I know a lot of people already long on this here. But will take a moment to pound the table. Long AUD/NZD Upcoming news events will likely be a positive to this long position. Likely the ...

Pivot Trading

I've been trading for over 10 years. I'm aware of Davit's favorite pairs. I'm aware some people don't like to trade high ADR pairs and that is fine but I haven't come across Davit forbidding trading them. I'm working thru the thread but there are ...

Pivot Trading

The short USD/MXN was the 3rd trade I've posted to this forum. So far 3 for 3. I will try very hard to contribute good trade ideas to this forum. Of course execution is so important in trading. I'm not going to hold any hands and tell exactly how to ...

Pivot Trading

Starting a new position short in USDMXN. Just want to contribute trade ideas to this wonderful thread. Edit: Added to the short position (added new pic), price came back up as I was expecting, possible this happens a few more times before the big ...

Pivot Trading

I took the fade trade off the pivots. I'm a winner. All the NZD pairs. Thanks Davit for your thread and teachings!

Pivot Trading

With incoming Japan PPI looking like it will be weak. Also AUD strength as NZD will likely be dovish at the upcoming report. I have not added to position but I want to, because as I see it is building upside pressure under the pivot. I welcome other ...

Pivot Trading

Going long on EUR/USD. Building a position. This should turn around today or tomorrow. 1/2 position bought at 1.1307 Will add at 1.1275 if it gets there. Stop out will be 1.1250 Target is 1.1400 I will hold for 2 days. Don't want to pay for more ...

EURUSD only

I expect a lot of US-China Trade deal positive rumors this week, so maybe that will be the positive for AUD and other risk currencies.

Pivot Trading

I expect this to go back and retest the high, before the big turn and burn. So looking like next week for the big short. I made some quick money on that dip. Moved on with life will take a look at this again, waiting for 1.33 and above to build a ...

USD/CAD

Looks like really bad CAD data coming out tomorrow morning. So I expect this to have at least one more push up at that time. I took a small flyer short on this at 1.33210 just to keep it on my radar. Want to load up short after tomorrow if there is ...

USD/CAD

Back to selling this. EA Looking forward looks like some positive EU data possible in the next few hours. I'm looking to sell more after up moves tire out and add to my position. Would love to hold this over the weekend and earn some baby swaps. ...

Pivot Trading

Davit, what are your thoughts on the upcoming RBA Monetary Policy Statement which will hit the wires in about 4.5 hrs? In on several AUD trades from the pivots, I'm thinking about closing the trades as I won't be online when the news hits. However I ...

Pivot Trading