Psych Levels, Pivots, and Trendlines - Resurrected | Page 618 | Forex Factory

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Psych Levels, Pivots, and Trendlines - Resurrected

  • #12,341
  • Apr 13, 2018 3:45am Apr 13, 2018 3:45am
Wow straight to the point +37
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  • #12,342
  • Edited 4:09am Apr 13, 2018 3:59am | Edited 4:09am
Quoting MichaelSch
If i trade this pair i go in after see this in the red box, if i have a same picture, a candle pattern in higher timeframe. {image} But a good trade.
That is really bad idea to enter on piercing with out confirmation, and after mid of the range was rejected (harami)
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Even though I walk through the darkest valley, I will fear no evil
  • #12,343
  • Apr 13, 2018 3:59am Apr 13, 2018 3:59am
Old school Pivot rejection
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Even though I walk through the darkest valley, I will fear no evil
  • #12,344
  • Apr 13, 2018 4:16am Apr 13, 2018 4:16am
Back of the days, I visited Nisons seminar in vegas, how to use candles in forex, I paid a lot of money for that seminar, and he was all about daily time frame, at that time I thought what a waist of money, but thanx to EV, i realized that was a good investment. If you want to learn candles don't spend money, read EV's posts
Even though I walk through the darkest valley, I will fear no evil
  • #12,345
  • Apr 13, 2018 4:21am Apr 13, 2018 4:21am
Quoting stechi
Wow straight to the point +37 {image}
Can you plz drop M5 chart on this trade ? Thx
Even though I walk through the darkest valley, I will fear no evil
  • #12,346
  • Apr 13, 2018 4:23am Apr 13, 2018 4:23am
Quoting monocor
{quote} Can you plz drop M5 chart on this trade ? Thx
sure. Here you go
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  • #12,347
  • Apr 13, 2018 4:27am Apr 13, 2018 4:27am
Next one RR 1:1
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  • #12,348
  • Edited 5:09am Apr 13, 2018 4:51am | Edited 5:09am
Quoting monocor
Back of the days, I visited Nisons seminar in vegas, how to use candles in forex, I paid a lot of money for that seminar, and he was all about daily time frame, at that time I thought what a waist of money, but thanx to EV, i realized that was a good investment. If you want to learn candles don't spend money, read EV's posts
Yes. I agree with you. I read EV charts a lot, they help me very much like your charts also.

I am long again looking for breaking R1 to the next 00.line

Edit +20
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  • #12,349
  • Apr 13, 2018 4:52am Apr 13, 2018 4:52am
Quoting monocor
Back of the days, I visited Nisons seminar in vegas, how to use candles in forex, I paid a lot of money for that seminar, and he was all about daily time frame, at that time I thought what a waist of money, but thanx to EV, i realized that was a good investment. If you want to learn candles don't spend money, read EV's posts
@monocor:
thanks for this hint.
Is there a pdf- or word-file with all eyevoltage- posts somewhere floating around in the forum or if not could you recommend some lecture.
Ihave tried to get Nisons-lessons but sadly haven't got them.
Please note that there is an mq4-Indi somewhere in the net which is not working.
Maybe someone have this mq4-file (or ex4)??
thanks for an info.
Reg.zack
  • #12,350
  • Apr 13, 2018 6:33am Apr 13, 2018 6:33am
Quoting stechi
{quote} sure. Here you go {image}
Nice, Thx mate
Even though I walk through the darkest valley, I will fear no evil
  • #12,351
  • Apr 13, 2018 6:42am Apr 13, 2018 6:42am
Quoting zackery
{quote} @monocor: thanks for this hint. Is there a pdf- or word-file with all eyevoltage- posts somewhere floating around in the forum or if not could you recommend some lecture. Ihave tried to get Nisons-lessons but sadly haven't got them. Please note that there is an mq4-Indi somewhere in the net which is not working. Maybe someone have this mq4-file (or ex4)?? thanks for an info. Reg.zack
there is no pdf, just open his profile, watch charts and read comments, start form his earlier posts where he was explaining candle by candle

https://www.forexfactory.com/search....archid=2741842

Indicator is not gonna work, it is not about candle recognition, it is more about where and how candles appear

I don't normally show this type of trades, coz it just gonna confuse traders, it is hard to understand, unless you know candles well
EJ pivot break out, CJ pivot rejection. Only master EV can post trades like this
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Even though I walk through the darkest valley, I will fear no evil
  • #12,352
  • Apr 13, 2018 7:03am Apr 13, 2018 7:03am
Dear all,

Is there an indicator to give these psychological levels?.

Or general other price level indicators that we can slap on the screen?

Thank you
  • #12,353
  • Apr 13, 2018 9:19am Apr 13, 2018 9:19am
Quoting monocor
{quote} there is no pdf, just open his profile, watch charts and read comments, start form his earlier posts where he was explaining candle by candle https://www.forexfactory.com/search....archid=2741842 Indicator is not gonna work, it is not about candle recognition, it is more about where and how candles appear I don't normally show this type of trades, coz it just gonna confuse traders, it is hard to understand, unless you know candles well EJ pivot break out, CJ pivot rejection. Only master EV can post trades like this {image}...
@monocor:
thanks a lot for your help.
just 1 note:
is it possible to explain your pic-example a bit more in the Chart.
Just a few notes how to interpret and what those Candles are standing for.
Also just a side-note of the best candlesticks (best to trade with!).
thanks a lot for your help.
Reg.Zack
  • #12,354
  • Apr 13, 2018 10:15am Apr 13, 2018 10:15am
Quoting Rafaz1
Dear all, Is there an indicator to give these psychological levels?. Or general other price level indicators that we can slap on the screen? Thank you
Look at the top of the page there is an Icon where you can find all indicators that were posted in this thread. I use sweetspots for psych lines and Fxpivots
  • #12,355
  • Apr 13, 2018 12:22pm Apr 13, 2018 12:22pm
Quoting Rafaz1
Dear all, Is there an indicator to give these psychological levels?. Or general other price level indicators that we can slap on the screen? Thank you
File attachments to the tread pick which ever you like
I like Marks Pivots, you can try grid for round numbers
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Attached File(s)
File Type: ex4 Grid.ex4   5 KB | 371 downloads
Even though I walk through the darkest valley, I will fear no evil
  • #12,356
  • Edited 12:59pm Apr 13, 2018 12:34pm | Edited 12:59pm
Quoting zackery
{quote} @monocor: thanks a lot for your help. just 1 note: is it possible to explain your pic-example a bit more in the Chart. Just a few notes how to interpret and what those Candles are standing for. Also just a side-note of the best candlesticks (best to trade with!). thanks a lot for your help. Reg.Zack
that is tough one to explain, For me Engulfing, harami, and morning (evening) star, but it has to be in the place of S/R, and in certain order, price has to struggle, not a single candle pattern, it has to be combination of them,
Privious High and Pivot point, resistance lvl, and here comes engulf, evening star, couple dojis with lower close after them, harami, you can sell after harami, or when price came back and made one more star, they all rejecting highs and no close above high of first engulfing

It all comes with experience, and you don't think too much, it all comes together right a way

By the way stephen bigalow is better then nison, you can find his video on youtube
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Even though I walk through the darkest valley, I will fear no evil
  • #12,357
  • Apr 16, 2018 3:50am Apr 16, 2018 3:50am
Small wedge at pivot
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Even though I walk through the darkest valley, I will fear no evil
  • #12,358
  • Apr 20, 2018 5:42am Apr 20, 2018 5:42am
No divergence on RSI so no entry for you right monocor?
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  • #12,359
  • Apr 23, 2018 4:14pm Apr 23, 2018 4:14pm
Hello everybody! Cant trade last week because i had a flue.But today i could catch a good trade on

DAX from today RR 1:3 +38 in hindsight my entry was too early. patience is important to wait for the best entry and a clear reversal candle/pattern
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  • #12,360
  • Apr 23, 2018 4:48pm Apr 23, 2018 4:48pm
Hello traders, everyone who is interested in Forex trading and strategies with pivots, psych levels, TLs can join in the Telegram chat group. It is made for all traders who want to communicate and exchange experience and improve their trading!

https://t.me/ForexSharksGroup
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