Psych Levels, Pivots, and Trendlines - Resurrected | Page 186 | Forex Factory

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Psych Levels, Pivots, and Trendlines - Resurrected

  • #3,701
  • Aug 28, 2009 6:08am Aug 28, 2009 6:08am
Quoting Islander
LOL - I guess that it can be rather confusing if you're not used to the way I post.......whilst I posted a 15 min chart, I was actually trading off the 1 min chart which is what I always do around FO / LO and news times.

Also, I respect the trend as defined by the 5m 30ema, so any contra trend trade is on smaller volume....here's a post I made in a 1 min thread....I hope this helps.....

Cable 1 min chart
Here's a nice simple trade......cable was IMO being dragged up by the rising € / falling $ - aka Swissy......as soon as € put in a...
Thank you, now I see you have been talking about two different trades.

Correct me, if I am wrong......

Here is my 5m chart about your trades.

- first: SELL from your 15m chart - previous post
- second: BUY from 5m chart - PA touch 30ema


thanks again

have a nice trading day

pipgame
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  • #3,702
  • Aug 28, 2009 6:19am Aug 28, 2009 6:19am
Quoting pipgame
Thank you, now I see you have been talking about two different trades.

Correct me, if I am wrong......

Here is my 5m chart about your trades.

- first: SELL from your 15m chart - previous post
- second: BUY from 5m chart - PA touch 30ema


thanks again

have a nice trading day

pipgame


Sold the news spike in a contra trend pull back, then long again in line with the trend - 5m 30 ema / 1 min 150 ema.....
Trading Levels with WRBs
  • #3,703
  • Aug 28, 2009 6:33am Aug 28, 2009 6:33am
Quoting Islander


Sold the news spike in a contra trend pull back, then long again in line with the trend - 5m 30 ema / 1 min 150 ema.....
  • #3,704
  • Aug 28, 2009 9:04am Aug 28, 2009 9:04am
14.35 LH. 15.05 LL. Change of trend? I will be looking for another LH at 350 to sell, but may be getting late in the day for a Fri.
  • #3,705
  • Aug 28, 2009 9:17am Aug 28, 2009 9:17am
Quoting Barry Cade
14.35 LH. 15.05 LL. Change of trend? I will be looking for another LH at 350 to sell, but may be getting late in the day for a Fri.
I assume that you meant this LH.......I exited the last part in the spike down into the support zone - so far its actually turned off yesterdays high.....if it can get back towards the 30 ema I may take one more short, otherwise I'm done for today - a bonus day http://www.forexfactory.com/images/icons/icon12.gif
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #3,706
  • Aug 28, 2009 9:29am Aug 28, 2009 9:29am
Quoting Islander
I assume that you meant this LH.......I exited the last part in the spike down into the support zone - so far its actually turned off yesterdays high.....if it can get back towards the 30 ema I may take one more short, otherwise I'm done for today - a bonus day http://www.forexfactory.com/images/icons/icon12.gif
that was the LH. Looks like cable having an enema. Now at 275!

Hanging man type doji at 15.10 on v low vol made me think it would rise to find more selling. Bah. Ive missed this dump.
  • #3,707
  • Aug 28, 2009 10:12am Aug 28, 2009 10:12am
Many thx EV, I & V for all your input. Its been a great couple of weeks.

Hoover up lots more pips.

Catch you when I return.

ttfn
  • #3,708
  • Aug 28, 2009 10:17am Aug 28, 2009 10:17am
Quoting Barry Cade
Many thx EV, I & V for all your input. Its been a great couple of weeks.

Hoover up lots more pips.

Catch you when I return.

ttfn

Have a great time.....I'm also busy for the next couple of weeks, so will have little time to post.....so its down to EV and V to get the thread rolling.....http://www.forexfactory.com/images/icons/icon6.gif
Trading Levels with WRBs
  • #3,709
  • Aug 28, 2009 10:34am Aug 28, 2009 10:34am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
ES.

5-min.


Magnus
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  • #3,710
  • Sep 2, 2009 6:18am Sep 2, 2009 6:18am
Been VERY quiet on here after last week......

I've just completed 2 trades on the 5m cable which I thought I'd post just to see if anybody's out there!

Fairly self-explanatory, with entries and exits clearly marked.
Attached Image
  • #3,711
  • Sep 2, 2009 7:05am Sep 2, 2009 7:05am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting eyevoltage
Been VERY quiet on here after last week......

I've just completed 2 trades on the 5m cable which I thought I'd post just to see if anybody's out there!

Fairly self-explanatory, with entries and exits clearly marked.

It has indeed been quiet EV.

I've only been trading S&P recently and sticking to charts that are not quite inline with this thread (very low time-frames and about 15 moving averages - )

It's been going well, but will hopefully be able to get back to pure simplicity soon.


Magnus
  • #3,712
  • Sep 2, 2009 7:08am Sep 2, 2009 7:08am
Quoting Yuppie
It has indeed been quiet EV.

I've only been trading S&P recently and sticking to charts that are not quite inline with this thread (very low time-frames and about 15 moving averages - )

It's been going well, but will hopefully be able to get back to pure simplicity soon.


Magnus
FIFTEEN (!!) moving averages?????? What's that all about?
  • #3,713
  • Sep 2, 2009 7:42am Sep 2, 2009 7:42am
EV hav u started trading with pivots on ur live account?
  • #3,714
  • Sep 2, 2009 8:16am Sep 2, 2009 8:16am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting eyevoltage
FIFTEEN (!!) moving averages?????? What's that all about?

*digs through trade from last week*...

Here we go...

As you can see, could have taken this trade on 5-min. Working my way towards using 5-min only...


Magnus
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  • #3,715
  • Sep 2, 2009 8:27am Sep 2, 2009 8:27am
Quoting bksujal
EV hav u started trading with pivots on ur live account?
I use pivots all the time, mate. They're not always on the chart I post because I always have two screens for each pair. One screen has psych-lines and the other has pivots. Doing it like that avoids having one screen with loads of lines, whilst I can easily see what's going on on each screen, if you get my meaning. Seeing as I only monitor 2 pairs, it's no big deal.
Hope that explains things.
  • #3,716
  • Sep 2, 2009 8:28am Sep 2, 2009 8:28am
Quoting Yuppie
*digs through trade from last week*...

Here we go...

As you can see, could have taken this trade on 5-min. Working my way towards using 5-min only...


Magnus
Looks like Linuxtroll's rainbow!!
  • #3,717
  • Sep 2, 2009 8:38am Sep 2, 2009 8:38am
Quoting Yuppie
*digs through trade from last week*...

Here we go...

As you can see, could have taken this trade on 5-min. Working my way towards using 5-min only...


Magnus
hey mate which charts r these? from which broker? is urs a demo account?
  • #3,718
  • Sep 2, 2009 9:25am Sep 2, 2009 9:25am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting eyevoltage
Looks like Linuxtroll's rainbow!!


Yeah, I fell for his thread a while ago.

Initially thought he could trade.

Nevertheless, I have found the MAs have their uses... sort of... perhaps... well, maybe... actually.... Hmmm... get back to you on that one!
  • #3,719
  • Sep 2, 2009 9:27am Sep 2, 2009 9:27am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting bksujal
hey mate which charts r these? from which broker? is urs a demo account?

eSignal.

Live.
  • #3,720
  • Sep 2, 2009 10:54am Sep 2, 2009 10:54am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Trades on S&P...

First one got greedy... waiting for a further breakout... 0 ticks.


Magnus
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