Hello, monocor. Plenty of action from you on this thread, mate! I've had computer probs which are still bothering me, but at least I could monitor what was going on. It seems to me that you're looking for TL patterns, am I right? Or is there more ...

Hi Coastie. Nice use of psych numbers, mate. I'm having problems with my computer lately, so I won't be posting for a while. I'll be back after I get things sorted out. When that will be, I haven't a clue! Bye for now.

15m..... UJ Consolidation along R1, finishing with a bullish engulfing pattern. Entry and exit as shown.

15m...... GU Price moved up and down just above FPV, and then moved up further, developing a symmetrical triangle. Price then broke out towards R1. Entry and exit as shown.

15m..... EJ This would have been a good trade, mate. Price pushes above the main pivot line and then drops back, before heading up to the mid-line, yielding around 25 pips or so.

Where did you get in?

At present, price is on the Main Pivot line, between the 13 and 34 emas on my chart. There's a dragonfly doji across the MPL and inside the two MAs. No trade at present.

You don't. It's not the break-out that's important. It's what follows. Some break-outs just crash out and keep on going. Others break the line and then reverse to test the TL for resistance or support, depending on which way it's heading.

Hello, sk. Welcome. Whether I'm using pivots or psych-lines, I'm always watching for candlestick patterns or trendline patterns at those levels which will tell me whether or not price might possibly reverse or continue up or down. Pretty simple, ...

15m..... UJ Bullish flag pattern across MR1, and price then moved up nicely to R1. Entry and exit as shown.

15m...... EU Following the fall from the FPV, price settled at S1 for around 45 minutes before dropping down below S2, where I jumped ship.

15m...... GJ This one I missed. Price pushed up across FPV, then spent a couple of hours getting back before it headed upwards to R1. The interesting thing is the reversal pattern on FPV. A bearish candle, followed by a doji, and then a bullish ...

15m.... UJ Nice reversal pattern at S4 initiated this trade. Entry and exit as shown.

15m................. EJ A rather impressive channel formed from just above FPV and reached R2. Price then dropped and broke down across R1, the 50ema and the lower channel line, followed by a nice impressive drop to FPV. Entry and exit as indicated. ...

Nice trade, coastie. I used to use 5m exclusively long long ago, but when I investigated the possibilities of 15m, I never looked back. Far easier to spot potential set-ups. By the way, that previous support you were on about is dead on Fib S1 on my ...

Fibonacci number!

15m................ EJ A push below S2, followed by a pull-back testing for resistance. Then came a fairly rapid drop to S3 where I jumped ship. (Using 34 and 60 exponential averages for a while)

15m....... AJ Price dropped below S3, then pulled back and pushed back above S3, plus the long TL. Entry and exit as indicated.

15m... UJ I didn't take this one, but it would have made 30 pips or so. A large bearish flag pattern formed across S3, and as can be seen, price broke under the flag and made it down to S4. When price hits a Pivot line there's always the chance of a ...

15m..... EJ Price moved up from S3 to S2/TL area, and then held there for a spell of consolidation. Eventually, price then moved down and hit S3 again. Entry and exit as indicated.