Psych Levels, Pivots, and Trendlines - Resurrected

Let's see if this triangle pattern break can make it to the pivot on USD/JPY

http://i288.photobucket.com/albums/l...s/usdjpym5.png

Hi all, here's what i'm looking at this morning

http://i288.photobucket.com/albums/l...eurusdm5-2.png

Edit: I took -12 then +20 on the drop. All the clues were there with massive divergence on the chart and US dollar index.

http://i288.photobucket.com/albums/l...eurusdm5-3.png

After bump off pivot, pullback above DOL. Exit around 53500 as there were news. Best would be at R3 but that is hindsight. SD level is around 53800.

SD level hit later today...

Almost 3RR so nice trade after some UJ loses.

Hi Snail- nice trade. Where do you get the news indicator?

Paperclip above -right corner. Then 2nd from top. Enjoy.

Nice, thanks for that.

Nice wedge break on USD-JPY, stop behind the pivot point. I took it out a bit before S1 but it will probably hit.

http://i288.photobucket.com/albums/l...usdjpym5-1.png

Decent day!

Morning, folks.

Nice to see others knocking around on here.
Just finished a trade on 5m audusd. Using Fib pivots right now, and the set up is pretty self-explanatory, starting with a bearish engulfing candle in the confluence of 2 MA's and S2. As a bonus, the trade was backed up by a symmetrical triangle also.

Wedge break up to yesterday's low on UJ

http://i288.photobucket.com/albums/l...usdjpym5-2.png

A quick EU morning trade as there was not much on UJ. Standard pullback and then exit at SD level. Almost 2RR.

After F open another 1.5RR trade. Exit at R1 after a standard pullback.

A quick one on U/J, bounce of trendline and daily open:

http://i288.photobucket.com/albums/l...usdjpym5-3.png

Took another quick one on A/U, will post later.

UJ after all also delivered. almost 2RR. Pullback to DOL. Exit a bit early.... S1 ideal.

Nice one snail, I was actually in the same trade for different reasons! It was the break of a wedge pattern. However my target was too large and it pulled back so I got taken out breakeven - should have taken it as S1.

I took some nice pips on A/U. First was a break of trend line up to S2. Second was the top of a double top and confluence of trend line and S1 which I took down to MS2. Then it was the break of the DT itself down to hopefully 0.9464

http://i288.photobucket.com/albums/l...s/audusdm5.png

OK... I've had enough of Draghi - time to get a bit of sun!

Last trade of this week - NFP. After bump off DOL and finished bearish crab, price headed below FPV and around candle close, initiated 2 trades. Exit at 5500.

Nice end of the week - 2x3RR.

15m eurjpy......

A lovely start to the week. A nice MA spread and a retrace from R2 to MR2 before forming a strong bullish engulfing pattern. Entry and exit as indicated. SL just below the previous candle to the entry.

EV, as always a very nice trade.

Had one today traditional UJ trade, pullback below DOL then closed at 2RR, a bit early though....

A bit early or not, snail, it was still a very good trade.
Spot on, brother!

15m nzdusd

A good pullback to S3 and then a spinning top/doji forming was what initiated this trade. The next candle confirmed the trade. In addition, there was a lovely MA spread which is always good to see. Entry and exit as shown.

Morning missed, again, trade... Very expensive snooze LOL

Entry after bearish shark below S1, exit at S2/95.00 or 94.50.

Missed this little gem. Kicking myself over it.