DislikedAs I need to change some €s I'd like to see a good bounce and a breakout above the monthly S1 up to its MS 1 - i.e. crossing the weekly Value Area would be nice - although rather ambitious......Ignored
Attached Image (click to enlarge)
Psych Levels, Pivots, and Trendlines - Resurrected
- #7,022
- May 13, 2011 2:29am May 13, 2011 2:29am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #7,023
- May 13, 2011 2:37am May 13, 2011 2:37am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #7,024
- May 13, 2011 2:57am May 13, 2011 2:57am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #7,025
- May 13, 2011 3:00am May 13, 2011 3:00am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Morning, folks.
Nice pull-back to just below the mid-point level before price headed north again. Target R1. Entry and exit as indicated.
Nice pull-back to just below the mid-point level before price headed north again. Target R1. Entry and exit as indicated.
- #7,026
- May 13, 2011 3:33am May 13, 2011 3:33am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
What a beautiful pivot-full morning 
Dashed blue line is +50 on the 20 EMA.
The red high volume climax reading in the wide green candle, followed by the red hammer at MR 2 and the extended out band all shouted to bank......so it was rude not too
Dashed blue line is +50 on the 20 EMA.
The red high volume climax reading in the wide green candle, followed by the red hammer at MR 2 and the extended out band all shouted to bank......so it was rude not too
Trading Levels with WRBs
- #7,027
- May 13, 2011 3:42am May 13, 2011 3:42am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Has anyone noticed how many invisible people this thread attracts? Who ARE these "invisibles"? I think we should be told!
- #7,028
- May 13, 2011 3:47am May 13, 2011 3:47am
- Joined Nov 2008 | Status: Trader | 3,270 Posts
Has anyone noticed how many invisible people this thread attracts? Who ARE these "invisibles"? I think we should be told!
Inserted Video
- #7,029
- May 13, 2011 3:47am May 13, 2011 3:47am
Has anyone noticed how many invisible people this thread attracts? Who ARE these "invisibles"? I think we should be told!
- #7,030
- May 13, 2011 3:52am May 13, 2011 3:52am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Now that you can see the vouches on the Invisibles you can figure out who some of them are...
- #7,031
- May 13, 2011 4:16am May 13, 2011 4:16am
GM - the H&S pattern speaks for higher prices, around 1.4350-00, but this is a resistance area from earlier in the week, also around Y's high.
GM - mid pivots nicely in play so far this morning.....will we visit R1......TWT
I hang around mainly in Vantage's thread but always popping in here to try and keep up with you guys.
Normally watching GU but focussing more on EU this week. Thanks to you I was watching EU closely today. Out too early but not complaining with +40 in the bank.
Anyway a typical Vantage hl system trade posted here:
http://www.forexfactory.com/showpost...postcount=4140
5min hl off today's open/4250/POC combo. Out too early at 4202 (9 a.m. Trichet due to speak).
@EV sorry about all the lines.
Follow, don't anticipate.
Hi guys,
I have a question about mid-pivots. Do they get respected the same as the normal pivots? I never used them and see some of you use them. I fell like there would be to much lines for my taste, using them along with DP and 50/00 psych lines. Would appreciate your opinion on that.
Nice trade Ian, I missed todays EU move, had to do my normal job
On ''invisible'' topic: I am noticing there are more and more all around the forum, not just in this thread. Don't understand what the deal is though, why would I want to hide? strange... oh well, they may do as they please...
take care
I have a question about mid-pivots. Do they get respected the same as the normal pivots? I never used them and see some of you use them. I fell like there would be to much lines for my taste, using them along with DP and 50/00 psych lines. Would appreciate your opinion on that.
Nice trade Ian, I missed todays EU move, had to do my normal job
On ''invisible'' topic: I am noticing there are more and more all around the forum, not just in this thread. Don't understand what the deal is though, why would I want to hide? strange... oh well, they may do as they please...
take care
- #7,033
- May 13, 2011 4:45am May 13, 2011 4:45am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
- #7,034
- May 13, 2011 4:59am May 13, 2011 4:59am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
[quote=Tilt;4615811]Hi guys,
I have a question about mid-pivots. Do they get respected the same as the normal pivots? I never used them and see some of you use them. I fell like there would be to much lines for my taste, using them along with DP and 50/00 psych lines. Would appreciate your opinion on that.
/quote]
From what I've seen, mid-point levels are respected only to a very slightly lesser degree than main pivot lines. Which is why I use them all the time. I know what you mean by the "too many lines" syndrome. Some traders are quite happy to have their charts filled with lines of one sort or another. Others, like me, for instance, like the minimum of lines on the chart. I've reached a happy medium now, using main pivot lines and mid-point levels only, as I attach far more importance to them than psych-lines. I still like to be aware of the proximity of any psych-line around where I'm likely to trade, but I stop short of actually putting them on the chart.
In addition to the daily pivots, I've recently added weekly and monthly pivots as well, mainly to judge their effectiveness over a period of time.
Hope this helps, Tilt.
I have a question about mid-pivots. Do they get respected the same as the normal pivots? I never used them and see some of you use them. I fell like there would be to much lines for my taste, using them along with DP and 50/00 psych lines. Would appreciate your opinion on that.
/quote]
From what I've seen, mid-point levels are respected only to a very slightly lesser degree than main pivot lines. Which is why I use them all the time. I know what you mean by the "too many lines" syndrome. Some traders are quite happy to have their charts filled with lines of one sort or another. Others, like me, for instance, like the minimum of lines on the chart. I've reached a happy medium now, using main pivot lines and mid-point levels only, as I attach far more importance to them than psych-lines. I still like to be aware of the proximity of any psych-line around where I'm likely to trade, but I stop short of actually putting them on the chart.
In addition to the daily pivots, I've recently added weekly and monthly pivots as well, mainly to judge their effectiveness over a period of time.
Hope this helps, Tilt.
- #7,035
- May 13, 2011 5:36am May 13, 2011 5:36am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Has anyone noticed how many invisible people this thread attracts? Who ARE these "invisibles"? I think we should be told!
Trading Levels with WRBs
- #7,037
- May 13, 2011 5:49am May 13, 2011 5:49am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Hi guys,
I have a question about mid-pivots. Do they get respected the same as the normal pivots? I never used them and see some of you use them. I fell like there would be to much lines for my taste, using them along with DP and 50/00 psych lines. Would appreciate your opinion on that.
Nice trade Ian, I missed todays EU move, had to do my normal job
On ''invisible'' topic: I am noticing there are more and more all around the forum, not just in this thread. Don't understand what the deal is though, why would I want to hide? strange......
On my 15m and above I only show the weekly and monthly pivots and I reduce the number of SS levels too - although I have still to get as uncluttered as EV
Today's cable chart didnt respect its pivots, although its high was in the area of the DP & xx00 level - actually at the 50% retrace of yesterdays range http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
- #7,038
- May 13, 2011 5:53am May 13, 2011 5:53am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Fine, you win. I'll give it a trial run. As for 10v+, well, I would be willing to put a large bet on who that might be...
Trading Levels with WRBs
- #7,039
- May 13, 2011 6:11am May 13, 2011 6:11am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Fine, you win. I'll give it a trial run. As for 10v+, well, I would be willing to put a large bet on who that might be...
Don't suppose you'd be willing to spill the beans?
(a guess 
)Easy to trade on inside information,haha. that's why he want's to bet big
btw...thanks for the responses to my Q.
EDIT... ups...6v was perhaps auron himself, +10v i have no idea...was geting ahead of myself before
anyway...doesn't realy matter.