Life is a journey... So is trading.
Adr, psych levels, demand & supply trading 14 replies
Standard Pivots and Fibonnaci Pivots? 9 replies
EUR/USD 5min - Trendlines and Pivots 379 replies
Important psych levels 1 reply
Too many drawn Trendlines all same look: how to draw Trendlines with different look? 2 replies
DislikedMy God, Ed, they really want their pound of flesh out of you, mate!
Yes, been a good day so far.......it's nice when it gets a bit more volatile. I'm really liking this acumen thing, Ed. Lots of different types of opportunities to look for.....Fresh highs/lows forming for fib chances, candlestick reversals at main S/R lines etc., lots there to keep one busy all day if it wasn't for all the other duties that we have in our everyday lives!
Take care, mate. Nice to see you again.
CheersIgnored
DislikedNice one EV! That really shows the strength of psyche levels and pivots, they serve not just as entry levels but as good exit points well. .... Well, I'm done for the day. Happy trading EV, Ed and others! See you all tomorrow.Ignored
DislikedEV, i took the trade because of the s/r-level.
Also there was a confluence with the "80", youīre right.
I donīt trade any patterns...Ignored
DislikedSP = Sweet Point.
The round numbers ...,50 and ...,00
I had my stop slightly above the SP and the TP was also an SP.Ignored
DislikedHello EV. I agree with you about Acumen's method. I like "simple", and it's pretty darned simple and logical. I did add an 8-day exponential moving average to my chart a couple of weeks ago, and it's helped me a lot also.
Oh well, settling in. Have a good one.
EdIgnored
DislikedLOL - I've used the 8ema and 34 ema on my 5 min charts for several years - they really help me when I'm reviewing several pairs - I dont have EV's "eye" for reading the candlesticks - guess that I might have to concentrate and put more time in on a restricted number of pairsIgnored