Psych Levels, Pivots, and Trendlines - Resurrected

Triangle test, classic works just fine. Entry after close of initial break out.
PP tested twice, engulfing on the second test, pretty big.
And on the test we have doji, spinning top, pretty good for test.

That looks like bid and ask lines

Mono, no more MTF stoch ?

It was slowing me down time to time. So no more stoch.

Candles, classic patterns and levels. Combine west and east and you will be the best, words from Nison . He used this combination all the time, i just couldnt see it before.

EU - News helped this trade.

EJ M15 short.

PA failed to make new high and break R1. There is a Hangin Man candle confirmed by next large bearish candle. Stoch divergence.
Trade is still open.

Update on trade: moved SL@BE when PA pierced DP.

This was scary because of the news. Two trades with the same story, breakout and test, close below initial breakout. Confluence of previous support become resistance, and move down

EV can I ask you a question. Pinocchio bar is it equal to morning ( evening star) or maybe hummer (shooting star) ???

Thank you !

Shooting star, brother. A morning star and an evening star are patterns. A morning star (at the bottom) is preceded by a long bearish candle and followed by a long bullish candle. An evening star (at the top) is preceded by a long bullish candle and followed by a long bearish candle. Hope that makes sense, mate?


This link shows some good examples: http://www.onlinetradingconcepts.com...ickBasics.html

Thank you !

Still 106 minutes to close. But looks interesting. Will see what M15 will offer at the close of this one.

That was a nice trade for 25 pips.

Take a look at GJ

Only one trade today

The same story, different day, triangle. after a nice move down, consolidation in form of triangle, + 20 pips at the end.

Mist an opportunity to show this trades yesterday, with pivots. So I will show it today, price action works really well.

GU, First trade triangle break out and test, pretty usual +42 pips, exit at 1,64 . Second trade is pin bar or shooting star, with divergence for continuation on a down side, was really surprised how far it went, stop was only 7 pips, I was expecting to see previous Low, but let it go, and at the end +85 pisp, R/R at this trade 1/12. In total +127 pips.

EU, this trade was madness, didn't expect that much from euro, but nice to have it. The same story, triangle break out and test, pretty usual, but at the end +175 pips.

Mono, great to see you got those pips.

Was tight with EU and GU, but there was one more great opportunity yesterday with EA , rectangle consolidation, break and test. Is any one took it ???

Thank you ! Classic stuff works just fine !!!