text book trade eu
entry at yellow line. exit R2,15 pips
entry at yellow line. exit R2,15 pips
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Adr, psych levels, demand & supply trading 14 replies
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DislikedNice trading, mate.
Can I ask that you indicate your entry and exit points on the chart? Makes it a lot easier for us to see at a glance what you've been up to!
Thanks.Ignored
Dislikedhi EV
i just follow acumen rules :
price above pivot, buy
price below pivot, sell
once price hit psycho level, i will wait for retrace and entry several pips above previous high (buy), or previous low (sell)
entry and exit are yellow dot line, SL behind psycho level.Ignored
DislikedThis one just completed on 5m cable:
A hammer/engulfing candle just above the xx25 psych-line/R3 confluence and entry as shown. Exit as price started retreating after breaching the xx75 psych-line.Ignored
DislikedNice trade (as usual), EV! It's always good to see your charts.
Quick question - was that not "Piercing Line" Hammer, rather than Engulfing?Ignored
DislikedGM all - I've had some spare time this morning, so I'm posting my trades - those with the magenta cross.....
The first green tick was at a Higher Low and when I got to my screen price was already being supported by the then rising 30 ema - so a confirmed buy which I exited in the wider range push up thru the 6550 level just after FO - the white time line.
The higher volume green graveyard diji was a great heads up for a sell which I took as soon as the next tweezers type candle turned red, TP just above the 6500 level.
I then waited for the...Ignored
Dislikedwell it did break and I exited at 458 when it stalled......now short again off the gold today's open level......smaller size with a tight stop as the 15 min chart had a high vol hammer, so we might get a bigger bounce.....TWTIgnored
DislikedEV,Islander, Vantage!
I read this thread, but have a Q:
Which lines xx00, xx50,xx20, xx80, xx75, xx25 are the Psych levels for You?
It seems to Me too much, now.
Any advice how to approach this problem?
THX, NLIgnored
DislikedChart below of my first currency trade in a few weeks... a quick disclaimer though...
stu·pid adj. stu·pid·er, stu·pid·est 1. Slow to learn or understand; obtuse.
2. Tending to make poor decisions or careless mistakes.
3. Marked by a lack of intelligence or care; foolish or careless: a stupid mistake.
4. Dazed, stunned, or stupefied.
5. Pointless; worthless: a stupid job.
n. A stupid or foolish person.Ignored