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Psych Levels, Pivots, and Trendlines - Resurrected

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  • Post #12,381
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  • Apr 25, 2018 7:43am Apr 25, 2018 7:43am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Quoting monocor
Disliked
And again UJ, new HH, retracement to lvl and 61 fib, engulfing, moved in to BE, target 1 to 1 move {image}
Ignored
Target is met , 2 to 1 trade
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,382
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  • Apr 25, 2018 7:47am Apr 25, 2018 7:47am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Not the best day to trade, yesterday was 3 trades 4 to 1, today 1to1 best case scenario 2to 1, but still not a bad day, 7 trades, 1 loss UJ trade, 15% profit for the day is good enough, lets call it a day.
Have a nice trading, green pips, and enjoy your life

Best regards !
Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,383
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  • Apr 25, 2018 7:50am Apr 25, 2018 7:50am
  •  stechi
  • | Joined Apr 2017 | Status: Member | 190 Posts
Quoting monocor
Disliked
{quote} I have a question to your TL, did the price made a new high, what your TL is representing ? {image}
Ignored
Help me, did you mean if there was a retest? Im Off the computer now i have a look at the chart tonight. Btw Nice trading
 
 
  • Post #12,384
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  • Apr 25, 2018 8:08am Apr 25, 2018 8:08am
  •  snail69
  • Joined Jan 2010 | Status: Member | 2,020 Posts
EV style trade on DAX +30
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  • Post #12,385
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  • Apr 25, 2018 8:58am Apr 25, 2018 8:58am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Quoting stechi
Disliked
{quote} Help me, did you mean if there was a retest? Im Off the computer now i have a look at the chart tonight. Btw Nice trading
Ignored
In my understanding trend line, should be like this, and I don't understand, how did you draw trend line there
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,386
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  • Apr 25, 2018 5:30pm Apr 25, 2018 5:30pm
  •  focusonmoney
  • | Joined Apr 2012 | Status: Member | 430 Posts
Good post monocor. 2 GU trades..
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  • Post #12,387
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  • Apr 26, 2018 2:39am Apr 26, 2018 2:39am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Quoting focusonmoney
Disliked
Good post monocor. 2 GU trades.. {image} {image}
Ignored
Nice trades as always, keep it up !!!!!!!
Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,388
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  • Apr 26, 2018 2:40am Apr 26, 2018 2:40am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
UJ, price rejected twice of that lvl, before creating gartley, gartley is the clue that we will have third rejection as well. price hit the level and rejected
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,389
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  • Apr 26, 2018 2:45am Apr 26, 2018 2:45am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
As for now, ABCD, price tried to break that lvl, closed right in to it, and got immediate rejection engulfing, target bot of range
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,390
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  • Apr 26, 2018 2:56am Apr 26, 2018 2:56am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Quoting monocor
Disliked
As for now, ABCD, price tried to break that lvl, closed right in to it, and got immediate rejection engulfing, target bot of range {image}
Ignored
Update, closed right at the bot line, little more then 1 to 1
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,391
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  • Apr 26, 2018 3:49am Apr 26, 2018 3:49am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
UCHF tried to sell top of the range, sl hit
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,392
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  • Apr 26, 2018 4:28am Apr 26, 2018 4:28am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
UC third rejection, cypher
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,393
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  • Apr 26, 2018 4:30am Apr 26, 2018 4:30am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Busy today, so will not be able to post charts, will post tomorrow

Happy trading, and green pips !!
Best regards
Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,394
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  • Apr 26, 2018 5:52am Apr 26, 2018 5:52am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Ok, I have a minute, quick review of 2 trades, UJ

1. LH broken, HH was made, lvl, 61fib, target abcd complition 1 to 1 trade. Here is the story with mid range, didn't have break out, but I was looking only for ABCD, which I got
https://www.forexfactory.com/showthr...5#post10961735

2. ABCD completion, rejecting top of the range, didn't enter on engulfing, entered on small retrace after in order to have the same as before 1 to 1 move.
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,395
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  • Apr 26, 2018 1:39pm Apr 26, 2018 1:39pm
  •  MichaelSch
  • Joined Dec 2015 | Status: Member | 2,144 Posts
Quoting focusonmoney
Disliked
Good post monocor. 2 GU trades.. {image} {image}
Ignored
Really great. Can you explain what was the point you enter the trade? Because of candle pattern or a formation you have seen?
Please keep posting your charts are the best one here.
Market is more simple as you think.
 
 
  • Post #12,396
  • Quote
  • Apr 27, 2018 3:16am Apr 27, 2018 3:16am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
Quoting MichaelSch
Disliked
{quote} Really great. Can you explain what was the point you enter the trade? Because of candle pattern or a formation you have seen? Please keep posting your charts are the best one here.
Ignored
engulfing, level rejection and false break out
Even though I walk through the darkest valley, I will fear no evil
 
1
  • Post #12,397
  • Quote
  • Apr 27, 2018 3:16am Apr 27, 2018 3:16am
  •  monocor
  • Joined Jan 2013 | Status: Member | 1,410 Posts
EA, pivot rejection, serious of candles forming double top
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Even though I walk through the darkest valley, I will fear no evil
 
 
  • Post #12,398
  • Quote
  • Apr 27, 2018 9:31am Apr 27, 2018 9:31am
  •  vladutz112
  • | Joined Apr 2011 | Status: Member | 485 Posts
Quoting monocor
Disliked
EA, pivot rejection, serious of candles forming double top {image}
Ignored
did u took other trades today?
 
 
  • Post #12,399
  • Quote
  • Apr 27, 2018 4:58pm Apr 27, 2018 4:58pm
  •  focusonmoney
  • | Joined Apr 2012 | Status: Member | 430 Posts
Quoting monocor
Disliked
EA, pivot rejection, serious of candles forming double top {image}
Ignored
Good trading monocor..
 
 
  • Post #12,400
  • Quote
  • Apr 27, 2018 5:05pm Apr 27, 2018 5:05pm
  •  focusonmoney
  • | Joined Apr 2012 | Status: Member | 430 Posts
Two trades..

People listen, don't think you can look at charts and expect to be rich in one day.. It takes time and a lot of practice.. You have to practice everyday.. Look at the charts EVERYDAY!.. Forget about partying with your friends. You can always do that later.. Study the charts and never give up!
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