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Attachments: Psych Levels, Pivots, and Trendlines - Resurrected
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Psych Levels, Pivots, and Trendlines - Resurrected

  • #6,801
  • Apr 12, 2011 3:51am Apr 12, 2011 3:51am
Quoting eyevoltage
Morning, folks.
Did anyone get this lovely bullish flag pattern on EJ this morning? I really must start getting up earlier!

Nope - too busy with € itself and LOL EV - I know the problem - especially in winter! http://www.forexfactory.com/images/icons/icon11.gif
Trading Levels with WRBs
  • #6,802
  • Apr 12, 2011 3:56am Apr 12, 2011 3:56am
Could someone please post me a chart with the current weekly and monthly levels - I'm trying a new indy and not certain about some of its levels.......thanks
Attached Image (click to enlarge)
Click to Enlarge Name: apr 12 eu 4 hrly pvts.gif Size: 18 KB
Trading Levels with WRBs
  • #6,803
  • Apr 12, 2011 7:07am Apr 12, 2011 7:07am
Quoting Islander
Could someone please post me a chart with the current weekly and monthly levels - I'm trying a new indy and not certain about some of its levels.......thanks
Hi Islander,

Here is my IBFX feed with those levels.

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20110412-h4.gif Size: 13 KB
Follow, don't anticipate.
  • #6,804
  • Apr 12, 2011 7:08am Apr 12, 2011 7:08am
heres the W and M pivots from FXCM using standard classic pivot on H4 chart ... hope this helps

W
Attached Image (click to enlarge)
Click to Enlarge Name: H4 weekley.jpg Size: 55 KB


M
Attached Image (click to enlarge)
Click to Enlarge Name: h4 monthly.jpg Size: 54 KB
  • #6,805
  • Apr 12, 2011 7:18am Apr 12, 2011 7:18am
Quoting eyevoltage
Morning, folks.
Did anyone get this lovely bullish flag pattern on EJ this morning? I really must start getting up earlier!
another almost identical quick and easy one a few hours later on GU.
entry: 1.6269
exit : 1.6294 (just under S1)
Attached Image (click to enlarge)
Click to Enlarge Name: 20110412-gu-01.gif Size: 33 KB
  • #6,806
  • Apr 12, 2011 7:37am Apr 12, 2011 7:37am
Quoting Ian
Hi Islander,

Here is my IBFX feed with those levels.

Attachment
Thanks Ian - these are the same levels that I have....different to those that EV has sent me.....

@ Dan - thanks, but without the actual numbers, its difficult to confirm the exact values.....
Trading Levels with WRBs
  • #6,807
  • Apr 12, 2011 7:39am Apr 12, 2011 7:39am
Quoting pgd
another almost identical quick and easy one a few hours later on GU.
entry: 1.6269
exit : 1.6294 (just under S1)
Nice one, pg.....saw that one too late. Just finished this one on the 5m EU.
Attached Image
  • #6,808
  • Apr 12, 2011 7:40am Apr 12, 2011 7:40am
Quoting pgd
another almost identical quick and easy one a few hours later on GU.
entry: 1.6269
exit : 1.6294 (just under S1)
Nice one, I stayed with € and came back from lunch to jump onboard and banked a few more pips as it spiked up above todays R1 & yesterdays high at the W M3 and hit its 4500 level.....
Trading Levels with WRBs
  • #6,809
  • Apr 12, 2011 7:47am Apr 12, 2011 7:47am
GU has retraced to yest's low accompanied by bearish divergence.
are we about to see another leg down?
  • #6,810
  • Apr 12, 2011 7:54am Apr 12, 2011 7:54am
Quoting pgd
GU has retraced to yest's low accompanied by bearish divergence.
are we about to see another leg down?
it could drop to S1 before continuing upwards. MA are still quite wide ... if it drops past S1 then retraces then i might enter short
  • #6,811
  • Apr 12, 2011 10:43am Apr 12, 2011 10:43am
I did get this lh shooting star reject of RN, W pivot, S1 (red dots), todays POC (brown lines) combo. Exited early +28.

1hr chart again shows how well POC lines work as SR areas.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 18 KB
Click to Enlarge Name: 2.gif Size: 16 KB
  • #6,812
  • Apr 12, 2011 10:51am Apr 12, 2011 10:51am
entry 1: 1.6313 (bearish divergence at 1.6325)
exit 1 : 1.6300

entry 2: 1.6291 (bear flag b/o)
exit 2 : 1.6265 (bullish divergence at marked support area)
Attached Image (click to enlarge)
Click to Enlarge Name: 20110412-gu-02.gif Size: 28 KB
  • #6,813
  • Apr 12, 2011 11:42am Apr 12, 2011 11:42am
Quoting pgd
entry 1: 1.6313 (bearish divergence at 1.6325)
exit 1 : 1.6300

entry 2: 1.6291 (bear flag b/o)
exit 2 : 1.6265 (bullish divergence at marked support area)
nice one !

lol GU played out just as i thought and i missed it .
  • #6,814
  • Apr 12, 2011 11:46am Apr 12, 2011 11:46am
Quoting dan89
nice one !

lol GU played out just as i thought and i missed it .
thanks, dan
sorry about that.

cheers.
  • #6,815
  • Apr 12, 2011 11:50am Apr 12, 2011 11:50am
After a bullish divergence, IB b/o long scalp above 1.4450 and Pivot to R1, that may be on its way to becoming a bear flag!
Attached Image (click to enlarge)
Click to Enlarge Name: 20110412-eu-03.gif Size: 24 KB
  • #6,816
  • Apr 12, 2011 12:33pm Apr 12, 2011 12:33pm
Quoting Islander
Could someone please post me a chart with the current weekly and monthly levels - I'm trying a new indy and not certain about some of its levels.......thanks
You could put these on your chart.
Attached File(s)
File Type: mq4 WeeklyPivot.mq4   5 KB | 363 downloads
File Type: mq4 MonthlyPivot.mq4   5 KB | 367 downloads
  • #6,817
  • Apr 13, 2011 1:06am Apr 13, 2011 1:06am
GM all. Typical morning fake-out up to yesterday's POC. Short on break down below 50% of yesterday with target at 1.6225.
Attached Image (click to enlarge)
Click to Enlarge Name: gu M30 13 april 11.PNG Size: 46 KB
  • #6,818
  • Apr 13, 2011 1:15am Apr 13, 2011 1:15am
Quoting pgd
entry 1: 1.6313 (bearish divergence at 1.6325)
exit 1 : 1.6300

entry 2: 1.6291 (bear flag b/o)
exit 2 : 1.6265 (bullish divergence at marked support area)
Nice one, I just posted on hl/lh thread what nice hl/lh trades often follow divergence.
  • #6,819
  • Apr 13, 2011 1:37am Apr 13, 2011 1:37am
Quoting medici
GM all. Typical morning fake-out up to yesterday's POC. Short on break down below 50% of yesterday with target at 1.6225.
medici,

nicely taken entry.
thanks to your posting the trade early, i got in too.
where's your s/l ?

thanks.
  • #6,820
  • Apr 13, 2011 1:38am Apr 13, 2011 1:38am
Quoting pgd
medici,

nicely taken entry.
thanks to your posting the trade early, i got in too.
where's your s/l ?

thanks.
BE And on entry I would have exited if the POC was broken.
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