Psych Levels, Pivots, and Trendlines - Resurrected

It only gets better and better

Moving away from 1,455 with targets R3 or for brave 1,46

16 traders viewing now, 9 are members:
Mandariin
,
trublu
,
PipJet
,
a16908
,
Dr.Zamani
,
Salmas
,
meanvel
,
NoStopsXXL
,
GCForex


Weclome

Please Please You are welcom post in this thred . It will change your life , it will change your income

Okay I am sorry I am not totally green
I trade for them ........ but only ES right now
GU is new for me but I will make it brad and butter trading instrument for me

Hey guys I took 2 trades tonight, both trades are trend line breaks.
First trade stop too tight and price not ready to move second trade hit the target.
SL 10 pips TP 20 pips.

Cheers

2 Setups

First target 1,46
Second target 1,465

Hi Mandariin,
Could you please explain briefly reasons for entry ( eg trend line break or rejection from and certain level etc.)
And show where you entered and exit the trade on your charts so we follow.
Cheers

Long after inside bar break to the upside.
Target at confluence yesterdays high = 1.4650

Nice trade Mandariin.
Cheers

Thank you very much

15m...... AU

A nice falling wedge pattern along MR1 initiated this one. I got in after the breakout through the confluence of MR1/50sma/Upper wedge line. As price approached R1, I was needed elsewhere, so I closed the trade.

15m..... EU

I missed this one, due to other distractions! 50-odd pips up the Swannee!

Trend was down Doij at "1.455" level. But looking back I shorted into confluence area S1 + yesterdays low that acted as support.
My target was 1.45 but got scared "doij" like bar at previous swing low area.

Morning, folks.

15m............... GJ

Price pushed down through the MPP, and then tested for resistance three times before starting to drop. It then pushed down to S1 with only one brief hesitation.

15m...... AJ

Price came down through the MPP and the 50sma, before consolidating just above MS1. Price then dropped through MS1 and continued down towards S1, where I decided to exit.

Nice trading guys!

EU 5 min trend line break and break of the 50 psych line
SL10 TP 20



Cheers

Hats off

EU is harder to trade than GU

For me I find that the EU is easier.
It costs less to trade too.

Hi guys,
A quick 5 min trade on EU
Reject from round number/ resistance with a harami and then break of trend line.
SL 10 TP 20

Cheers

Nice trade, coastie. TL's are definitely your thing!

15m......NZDUSD

A long TL from yesterday morning. Price broke down and then pulled back to test for resistance. Price then breached the .6650 psych-line and continued down to the .6600 psych-line and pushed through, but pulled back through the line. Entry and exit as shown.

15m.............GU

A bearish channel dropped from .50 psych to .00 psych, and after a period of consolidation, price went bullish again and breached the channel. Entry and exit as shown.