Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

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

Attachments: Psych Levels, Pivots, and Trendlines - Resurrected
Exit Attachments

Psych Levels, Pivots, and Trendlines - Resurrected

15m EJ........

This is as a result of a wedge forming in confluence with the MAs, and basically using the MAs as support. Entry and exit as indicated and SL was just under the 34ema.
Attached Image
15m GU...............

I missed this one due to other commitments. A really intense pull-back/consolidation (flag pattern) across the mid-point level before dropping away. Potential entry as indicated and the SL would have been slightly above the 34ema.
Attached Image
15 CADJPY - Entry above long red candle of harami, emas just start to open, exit around S1 and round number. Good for 20 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: cj 8-29.png Size: 83 KB
15 min GBPJPY - after pullback to DO (daily open line) entry, exit around S1. Good for 40 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gj 8-29.png Size: 85 KB
Nice trades, snail. A pleasure to see your charts this morning.
  • Post #8,566
  • Quote
  • Edited Aug 31, 2013 12:29am Aug 30, 2013 3:55am | Edited Aug 31, 2013 12:29am
15 min EJ -

1 trade - after long consolidation around round number, entry below . Exit around S2. Good for 30 pips.

2 trade - after pullback back to mail pivot price went again below consolidation line, ema start to open and macd confirmed.
Price went below the huge green candle on the left. Entry as indicated. Exit at S3. Good for about 50 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: ej 8-30.png Size: 91 KB
15 min GJ - This morning went out bed earlier not to miss those early set ups. It was worth it.

Day opened with quite large gap, then pulled back to faster ema. When it broke previous highs there was the entry.
Exit was intended around S2 but price stalled on JPY and I exited. A bit early as can be seen but still good for about 40 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gj 9-2a.png Size: 127 KB
EJ - 15 min Pullback to faster ema led to entry after price went back above DO line with little consolidation. Exit around S2. There was quite large SD area on the left
(not seen), so did not want to push luck and closed earlier. Good for 58 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: ej 9-2.png Size: 83 KB
Hi snail. You've been pretty busy this morning with some really good trades. Well done!
Quoting snail69
Missed nice set ups (all jpy pairs) this morning, while I was sleeping. For these pairs one needs to get out of bed earlier. Early bird..... Nice confluence. Round number, pivot level, tweezer top, harami, all at Emas at proper place. No to mention finished HP (harmonic pattern). Good for 30-35 pips. {image}
Hi Team. Good to see the thread alive & good trades still being made.

I occasionally look in, but am not trading forex at the moment. I hate August low volume/stop hunting for trading anyway, but good to see you are finding trades.


Snail, what is a harmonic pattern?
What was the fib pivot you used on another trade that went beyond S4 on Aug27, was it an extension? If so, what hi & low did you project from?
@ EV - thanks, but mostly it is because of you....

@ Barry - those are regular daily pivots provided by Mark, you can find them in this thread (paperclip),
harmonic patterns are explained here, if you want more info: http://www.forexfactory.com/showthre...81#post6933781
15 min GBPCHF - EV style "stutter" trade. Entry above round number, exit around S2. Good for a bit over 20 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gch 9-3.png Size: 75 KB
15 min GU - Entry above consolidation above daily pivot, exit just below S1 and because it was just before "high" news.
Not to mention, all on pic, is one big harmonic pattern. Good for 18 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 9-3.png Size: 91 KB
Some great charts again yesterday from snail. Spot on, mate.

15m nzd/usd......

Back on to my Fib pivots again. A retrace to R2 followed by a long-legged doji, and then price continued to climb before hitting R3. Very simple trade - nothing complicated in this method!

Attached Image
15 min - GU - In spite of news, I took a dive with 1/2 size of lot size I trade. Entry after the "complicated harami " and pullback to DO line.
Exit around S1 and round number. Good for 21 pips.

@ EV - again, I have a good, very good teacher.....
Attached Image (click to enlarge)
Click to Enlarge Name: gu 9-4.png Size: 87 KB
Quoting snail69
15 min - GU - In spite of news, I took a dive with 1/2 size of lot size I trade. Entry after the "complicated harami " and pullback to DO line. Exit around S1 and round number. Good for 21 pips.
veerrry niiiiice!
Quote
@ EV - again, I have a good, very good teacher.....
seconded...
Quoting snail69
15 min - GU - In spite of news, I took a dive with 1/2 size of lot size I trade. Entry after the "complicated harami " and pullback to DO line. Exit around S1 and round number. Good for 21 pips. @ EV - again, I have a good, very good teacher..... {image}

Snail, you don't need much teaching! You do seem to have a good eye for opportunities that others could easily miss, including me!! Good trade, mate!
Thank you guys. Its my pleasure to be part of team on this thread.

15 min GJ - Wednesday was not an easy day. Took a hit on EJ. Fortunately was able to cover loss and add some profit too.
Entry after pullback to DO line. Exit as indicated. Was almost midnight here, so closed. Otherwise around S2.
Marked in rectangle is one big harmonic pattern. Good for 39 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gy 4-9.png Size: 89 KB
15 min - GCh - With help of Macd and 2 HH, there was an entry. Exit was intended around S2, but price did not act as it wanted to go there, so exit as indicated.
Rectangle - harmonic pattern. Good for 32 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gch 9-5.png Size: 90 KB
Good trading Snail & thanks for answering my questions. I will read harmonics with interest.

EV - your trades are still a delight to see.

Catch you soon.
0 traders viewing now