Psych Levels, Pivots, and Trendlines - Resurrected | Page 411 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Adr, psych levels, demand & supply trading 15 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

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

Psych Levels, Pivots, and Trendlines - Resurrected

  • #8,201
  • Mar 8, 2013 1:06am Mar 8, 2013 1:06am
Took +19 from this
Attached Image
  • #8,202
  • Mar 8, 2013 3:12am Mar 8, 2013 3:12am
biDc, patterns such as pennants, flags, wedges etc., are all fair game, mate. No problem there!

Just a request, brother. Can you indicate your entry and exit points on your charts? That would make things a lot clearer!!

Thanks, brother.
  • #8,203
  • Mar 8, 2013 3:23am Mar 8, 2013 3:23am
I missed this one on cable earlier. A really good dragonfly doji (arrow) forming at the bottom of a retracement at the midpoint level, and in the MA zone. Likely entry and exits as shown.
Attached Image
  • #8,204
  • Mar 8, 2013 9:40am Mar 8, 2013 9:40am
Quoting eyevoltage
biDc, patterns such as pennants, flags, wedges etc., are all fair game, mate. No problem there!

Just a request, brother. Can you indicate your entry and exit points on your charts? That would make things a lot clearer!!

Thanks, brother.
What do I have to do to show the entry and exit point such as your chart? I never quite figured that out!
  • #8,205
  • Mar 8, 2013 9:59am Mar 8, 2013 9:59am
Quoting biDc
What do I have to do to show the entry and exit point such as your chart? I never quite figured that out!
Hi biDc, Just use the arrow button and select one of the price labels. Good to see some posts on this thread again EV..
Attached Image (click to enlarge)
Click to Enlarge Name: price_label.gif Size: 59 KB
Follow, don't anticipate.
  • #8,206
  • Mar 8, 2013 12:31pm Mar 8, 2013 12:31pm
Quoting Ian
Hi biDc, Just use the arrow button and select one of the price labels. Good to see some posts on this thread again EV..
Hi Ian. Long time no see!! Thank you for putting biDc right on the price labels. I've been out all afternoon, otherwise I'd have done it myself.

As for the thread, I have to admit that I'd love to see it get busy again, with lots of posts and charts etc.

Hope all's well with you and yours, mate.
  • #8,207
  • Mar 10, 2013 5:21pm Mar 10, 2013 5:21pm
Quoting Ian
Hi biDc, Just use the arrow button and select one of the price labels. Good to see some posts on this thread again EV..
Thanks!
  • #8,208
  • Mar 11, 2013 4:07am Mar 11, 2013 4:07am
biDc - great to see youve injected some life into this brilliant thread. Really good, clear charts & trades too. Well done!

I dont have time to intra-day trade these days. Just hope I can get back to it.

Seeing life on this thread is very motivating, but it makes me want to sit at my desk all morning.

Hope to catch you all soon. Gotta rush.

BC
  • #8,209
  • Mar 11, 2013 4:06pm Mar 11, 2013 4:06pm
I trade mainly in the daily time frame since I am working full time.

The only time I trade in lower time frame is whenever I have time between waking up and heading to work (US open) or getting off work and sleeping (before and after London open).

I was late this morning so I didn't even get a chance to check the charts!
  • #8,210
  • Mar 12, 2013 12:53am Mar 12, 2013 12:53am
Currently in this trade.

-Sweetspot
-PPZ
-Pivot
-Fibs (not shown)

Gunning for about 16pips at midpoint
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 25 KB
  • #8,211
  • Mar 12, 2013 1:08am Mar 12, 2013 1:08am
Hi all
As you're sharing your good experiences about trading, i'd like to ask you all if it's possible sharing your experiences about using Pivot,R.,S. in your trading as it is the heart of most of teaching and trading discuss and get the conclusion about it
Nice Day
Don’t follow someone else’s trading advice blindly
  • #8,212
  • Mar 12, 2013 1:17am Mar 12, 2013 1:17am
Lost 10 pips on this. Oh well that's the risk I took with having a position pre-open

First loss in the last 8 trading days.
  • #8,213
  • Mar 12, 2013 4:10am Mar 12, 2013 4:10am
Quoting biDc
Lost 10 pips on this. Oh well that's the risk I took with having a position pre-open

First loss in the last 8 trading days.
Win some...lose some, mate. You haven't done so bad if it's the first loss in 8 days!
  • #8,214
  • Mar 12, 2013 10:20am Mar 12, 2013 10:20am
15m EJ.

Price retreated to the Midpoint line, where a spinning-top formed......a typical pause before price heads one way or the other. In this case, the next candle's high didn't reach the high of the spinning-top, instead pushing down through the MAs, indicating more movement southwards. Entry and exit as shown.
Attached Image
  • #8,215
  • Mar 12, 2013 7:20pm Mar 12, 2013 7:20pm
As we approach Asia open, this looks interesting to me. Will be selling around 96.00

-Pivot
-96.00
-Descending trendline (not shown)

I missed the pinbar that bounced off midpoint by a few minutes, would've scalped that up!
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 34 KB
  • #8,216
  • Mar 12, 2013 8:24pm Mar 12, 2013 8:24pm
Played out as expected. Now let's see if this will go all the way as I see it..
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 37 KB
  • #8,217
  • Mar 12, 2013 11:54pm Mar 12, 2013 11:54pm
+22. Let go of some pips because I was away at the gym. But I'll take this
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 33 KB
  • #8,218
  • Mar 13, 2013 2:17am Mar 13, 2013 2:17am
1.3050 enticing level for E/U...

-Trendline
-Psych level
-61.8 fib
-midpoint

Wish I could stay up to see how it plays out but getting too sleepy now...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 37 KB
  • #8,219
  • Mar 13, 2013 3:39am Mar 13, 2013 3:39am
So I stayed up for this...really wanted it !
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 30 KB
  • #8,220
  • Mar 13, 2013 3:50am Mar 13, 2013 3:50am
Now I can sleep happy!
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 32 KB
2 traders viewing now