Psych Levels, Pivots, and Trendlines - Resurrected | Page 419 | 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

  • #8,361
  • Apr 24, 2013 8:55am Apr 24, 2013 8:55am
Quoting jimmynoodles
Hi EV, Would you mind attaching your fib pivot indicator please? I use regular pivots but I'm interested in testing with the fib pivots as well. Many thanks
Hello Jimmy. No problem, brother. This is a highly versatile Pivot indicator, that allows you play around with all sorts of settings. Have fun!

YIC
Attached File(s)
File Type: mq4 SDX-TzPivots_v4.1.mq4   41 KB | 337 downloads
  • #8,362
  • Apr 24, 2013 1:26pm Apr 24, 2013 1:26pm
What exactly is a fib pivot?
  • #8,363
  • Apr 24, 2013 1:38pm Apr 24, 2013 1:38pm
Quoting eyevoltage
{quote} Hello Jimmy. No problem, brother. This is a highly versatile Pivot indicator, that allows you play around with all sorts of settings. Have fun! YIC {file}
Awesome - thanks bro. May even post some charts in the future. Much appreciated.
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #8,364
  • Apr 24, 2013 6:22pm Apr 24, 2013 6:22pm
Quoting jimmynoodles
{quote} Awesome - thanks bro. May even post some charts in the future. Much appreciated.
You're very welcome, brother.
  • #8,365
  • Apr 25, 2013 1:14am Apr 25, 2013 1:14am
UJ - Asia, price pulled back to MS1 and then short. Today pivot levels are quite close to each other.

Possible entry later after nice flag, but I was already in.
Attached Image (click to enlarge)
Click to Enlarge Name: uj ev 4-25.png Size: 42 KB
  • #8,366
  • Apr 25, 2013 2:44am Apr 25, 2013 2:44am
Quoting snail69
UJ - Asia, price pulled back to MS1 and then short. Today pivot levels are quite close to each other. Possible entry later after nice flag, but I was already in. {image}
Nice trade, snail.

Here's one a bit further on, after a steep rising wedge pattern. Entry and exit as shown.
Attached Image
  • #8,367
  • Edited 3:05am Apr 25, 2013 2:50am | Edited 3:05am
Quoting biDc
What exactly is a fib pivot?
Sorry I haven't replied earlier, biDc. My simple answer is that I can't really tell you! I'm not sure how they're calculated, but I guess a bit of a Google will reveal all.

Edit: Just had a look on Google and found this:

R3 = Pivot + 1.000 * (H - L) =

R2 = Pivot + 0.618 * (H - L) =

R1 = Pivot + 0.382 * (H - L) =

Pivot = ( H + L + C ) / 3 =

S1 = Pivot - 0.382 * (H - L) =

S2 = Pivot - 0.618 * (H - L) =

S3 = Pivot - 1.000 * (H - L) =

Hope that helps, biDc.
  • #8,368
  • Apr 25, 2013 3:02am Apr 25, 2013 3:02am
Quoting eyevoltage
{quote} Nice trade, snail. Here's one a bit further on, after a steep rising wedge pattern. Entry and exit as shown. {image}
Nice one EV. That is part BC of ABCD trade I am in still.
  • #8,369
  • Apr 25, 2013 3:47am Apr 25, 2013 3:47am
5m EJ......

A nice big shooting star formed on the Main Fib Pivot line, and entry into the trade as shown, just as price dropped below the MA zone. Exit as price reached MS1.
Attached Image
  • #8,370
  • Apr 25, 2013 4:15am Apr 25, 2013 4:15am
5m EJ.......

I missed this one due to other commitments.

The spinning top between a large bearish candle and a large bullish candle was a good heads-up for a possible long trade. I've put a price label in where a possible entry area. However, the entry point would have been up to the individual trader. I, personally, would have at least waited for the MA's to cross.
Attached Image
  • #8,371
  • Apr 25, 2013 9:21am Apr 25, 2013 9:21am
5m EU..........

This was one of those trades you dream about. A strong initial drop, a sudden halt at a pivot line and a consolidation, before price continues to drop. Look at how the MA zone was widening all the time, suggesting further downward movement. A real jewel.
Attached Image
  • #8,372
  • Apr 25, 2013 10:13am Apr 25, 2013 10:13am
Quoting eyevoltage
5m EU.......... This was one of those trades you dream about. A strong initial drop, a sudden halt at a pivot line and a consolidation, before price continues to drop. Look at how the MA zone was widening all the time, suggesting further downward movement. A real jewel. {image}
Well done .
  • #8,373
  • Apr 25, 2013 10:59pm Apr 25, 2013 10:59pm
After missing "traditional" set up due to , went for another chance around S4. Harami formed after hammer. Exit at S2, although it went up to MS2 which is a nice SD level, but did not want to go for extremes and miss.
Attached Image (click to enlarge)
Click to Enlarge Name: uj ev 4-26.png Size: 42 KB
  • #8,374
  • Apr 26, 2013 1:21am Apr 26, 2013 1:21am
What MA's do you use guys? 50 sma and 21ema or something else?
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #8,375
  • Apr 26, 2013 1:32am Apr 26, 2013 1:32am
Nobody about so here you go.

Quoting eyevoltage
{quote} The only indicators I use are the 13 and 34 emas, FXI Pivots and Pivot Mid-Levels, which you'll find in the attachments at the top of the page.
  • #8,376
  • Apr 26, 2013 1:43am Apr 26, 2013 1:43am
Quoting Dr.Scalpall
Nobody about so here you go. {quote}
Thanks a lot!
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #8,377
  • Apr 26, 2013 2:50am Apr 26, 2013 2:50am
Quoting snail69
After missing "traditional" set up due to , went for another chance around S4. Harami formed after hammer. Exit at S2, although it went up to MS2 which is a nice SD level, but did not want to go for extremes and miss. {image}
Nice trade, snail. Must be the time of day, but I can't think what SD stands for.
  • #8,378
  • Apr 26, 2013 3:12am Apr 26, 2013 3:12am
Quoting eyevoltage
{quote} Nice trade, snail. Must be the time of day, but I can't think what SD stands for.
Supply and Demand. Sorry EV.
  • #8,379
  • Apr 26, 2013 3:35am Apr 26, 2013 3:35am
Quoting snail69
{quote} Supply and Demand. Sorry EV.
Thanks, mate. I should have realised!
  • #8,380
  • Edited 4:39am Apr 27, 2013 1:03am | Edited 4:39am
Quoting snail69
After missing "traditional" set up due to , went for another chance around S4. Harami formed after hammer. Exit at S2, although it went up to MS2 which is a nice SD level, but did not want to go for extremes and miss. {image}
hi snail,

was wondering why your exit was not earlier near S3 which also fell in your ma-zone.
that would have been the expected bounce area for a downward continuation, which actually did happen for about 15 pips (the long lower wick of the long green candle).

do throw some light.

cheers.

Edit:

ev,

any comments?
4 traders viewing now