Psych Levels, Pivots, and Trendlines - Resurrected

Yes it is. Not all double bottoms are perfect, some are higher others are lower. What matters is context

Some nice moves with some nice trades here tonight guys!
Green pips for everyone!!!!

KNFX.
Nice trade!
I hope you don't mind that I went along for the ride
I entered on the bullish engulfing candle off the mid pivot. I did wait for PA to break the consolidation and scored a nice 20pips!

Have a good weekend all

Morning Bros !!!!

Morning fxn and all!!
Lets have a good week of pips!!!
Cheers
Coastie

Lets make money

First trade of this week. ADCD ends at previous support, divergence, engulf, entered above PP

Nice trade, fxn.

15m..... EU

A pair of tweezers followed by a break of R1. Entry and exit as shown.

nzd/usd


bit risky profit target because slow market...

USD/CAD

Nice trade, Knfx, but I don't see a bullish engulfing candle.

Morning friends, I noticed a diference in my pivot lines compared to yours on the EU, a 3 hour diference on closing time, any idea why this happens on mondays? I'm really confused

I think he might be speaking about 3 candles prior to the entry shown on chart.
How have you been EV?
Cheers
Coastie

No, he said that R1 supported the engulfing candle, but looking again, I'm sure he means the 50sma instead.

I'm in good health, thanks for asking, coastie. I hope the same applies to your good self ?

[quote=coastie;8452356]{quote} I think he might be speaking about 3 candles prior to the entry shown on chart. How have you been EV? Cheers Coastie

sorry for my bad explanation about entry rules on the picture , coastie you're right .....3 candle prior the price turned to bullish after made nice engulfing pattern but its not my entry area and usually i wait for next confirmation for my entry (bull candle or tail on psy lines) my entry candle was tailed on R1 then my rules filled.....

i think you can understand my explanation ??? please correct me if i'm wrong
thank for all

15m..... GBP/CHF

A bearish engulfing pattern formed just below the 50sma, and across S1. Entry and exit as shown.

EU: Triangle breakout, waited for a little retrace to test the BO point above R2 and entered, possible exited a little to soon but anyways a very nice trade​

IMHO EU is possible setting up for a trading range or a broad bull channel since after this very strong Bullish bar late in a very strong trend there will be plenty of profit taking from the bulls and bears will possible start scalping down. In other words, this could be a possible exaustion bullish bar

650 pips one candle. What in a hell heppend ????

Market is going mad

All markets around glob is crashing down. Black Monday ????

​
Meh, just nobody left to take the other side of the trade and plenty of profit taking coming up very soon. lol

The same as yesterday GJ one candle 70 pips.