Sod it! Let's make it a symmetrical triangle!! It's all fun and games on this thread!
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
DislikedLooking at M15. This looks like a continuation from a 76.4% retracement after price respected the descending TL.Ignored
DislikedNice trade Happy68! I'm curious on the exit strategies used by other traders. Why did you exit at 1.3880?Ignored
DislikedNice trade Happy68! I'm curious on the exit strategies used by other traders. Why did you exit at 1.3880?Ignored
DislikedMy exit rules are - 100% or 62% extension depend of the position of the setup. During the trade I trail the stops depending diffrent setups. Is so clear? English language is not my matter-landuage and it is difficult for me to explain, sorry I hope, you will understand meIgnored
DislikedPrice is currently at the previous swing low which is just above the confluence of S1-1.7595 and psyche level-1.7600. It has meet a bit of a support. The question now is, BREAK or TURN?Ignored
DislikedI would have replied sooner to this, but I was called away. I see by your chart that you don't seem to include the .20 and .80 psych lines. I've got into the habit of including them, mate, as price seems to react very strongly to them. In this case, the "bit of support" you mentioned, is actually the 1.7620 psych-line, which is tested half-a-dozen times before price finally gave it up and moved northwards. As I type this (13.10pm), price has moved above the 34ema AND the downward TL.Ignored
DislikedTook a long trade when the price broke up the second time through 1.7635, exited at .0050 level and .0071 level.
Gave me some confidence after reading the 'will it break or hold the 1.7600' level post.
Thanks guysIgnored
DislikedDid you enter this trade? I've just looked at it, and it's looking like it's about a 100 pip profit as I type this. A very nice fib opportunity.Ignored
DislikedHi Eyevoltage,
actually, my trade was by the 1. blue rectangle (by the first high). When we made the 2. (HH) high, I was confused (as always in such situations), if I have a valid setup and I passed it . May be in such cases I have to go to 15 min-chart. I don't know. What is your expereance and advice?Ignored