Psych Levels, Pivots, and Trendlines - Resurrected | Page 564 | Forex Factory

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Psych Levels, Pivots, and Trendlines - Resurrected

  • #11,261
  • Apr 18, 2016 3:54am Apr 18, 2016 3:54am
15m...... EJ

Fib pivots. Price moved up across S3 and 20sma, and then a bearish doji formed to test for support. Entry and exit as shown.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy1217.png Size: 50 KB
  • #11,262
  • Apr 18, 2016 7:54am Apr 18, 2016 7:54am
15m...... UJ

Ignore.....wrong chart.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 1021.png Size: 57 KB
  • #11,263
  • Apr 18, 2016 7:58am Apr 18, 2016 7:58am
I'll try again.................... A nice bullish engulfing pattern finishing on S2. Entry and exit as shown.
Attached Image (click to enlarge)
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  • #11,264
  • Apr 19, 2016 2:18am Apr 19, 2016 2:18am
Nice quick trade EV!!

I took this bounce off the round number.
EU 5 minute chart.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 18.04.16.png Size: 33 KB

Cheers
  • #11,265
  • Apr 19, 2016 2:20am Apr 19, 2016 2:20am
Quoting coastie
Nice quick trade EV!! I took this bounce off the round number. EU 5 minute chart. {image} Cheers
Hello, coastie. Where's the chart? Ooops!! Don't bother, matey. It's just popped up!!
  • #11,266
  • Apr 19, 2016 5:14am Apr 19, 2016 5:14am
15m..... GJ

Price reached FR2, and then a long-legged doji formed, indicating indecision. There then followed 3 decisive bull candles, and I exited at FMR3. Entry and exit as shown.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy0062.png Size: 50 KB
  • #11,267
  • Apr 19, 2016 12:52pm Apr 19, 2016 12:52pm
Quoting eyevoltage
{quote} Hello, coastie. Where's the chart? Ooops!! Don't bother, matey. It's just popped up!!
Hey EV,
You are quick.
When I posted it I was very tired and forgot to add the chart but realised it straight away and added it.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 19.04.16.png Size: 42 KB

EURUSD 5 min chart
Bounce off trend line and Previous support/ resistance.
Engulfing candle TP @ round number.
Cheers
  • #11,268
  • Apr 20, 2016 5:10am Apr 20, 2016 5:10am
Nice one, Coastie!

15m..... GJ

Price pushed above the FPV twice.....the second attempt succeeding in staying above and carrying on up to MR1. Entry and exit as indicated.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy0063.png Size: 57 KB
  • #11,269
  • Apr 22, 2016 2:11am Apr 22, 2016 2:11am
Quoting eyevoltage
Nice one, Coastie! 15m..... GJ Price pushed above the FPV twice.....the second attempt succeeding in staying above and carrying on up to MR1. Entry and exit as indicated. {image}
Nice trade EV.
That pair has always scared the paints off me
  • #11,270
  • Apr 26, 2016 8:15am Apr 26, 2016 8:15am
Has anyone ever implemented this on the H1 chart?
  • #11,271
  • Apr 26, 2016 8:41am Apr 26, 2016 8:41am
Quoting Roose
Has anyone ever implemented this on the H1 chart?
Roose, in all the time I've been using this method, I've only ever used 5m and 15m, but it's been a long time since I used 5m!! If I remember rightly, the originator of this thread (acumen) only used 15m for his trading.
If you fancy having a go with 1h charts, then go for it, my friend.
  • #11,272
  • Apr 27, 2016 9:43am Apr 27, 2016 9:43am
Quoting eyevoltage
{quote} Roose, in all the time I've been using this method, I've only ever used 5m and 15m, but it's been a long time since I used 5m!! If I remember rightly, the originator of this thread (acumen) only used 15m for his trading. If you fancy having a go with 1h charts, then go for it, my friend.
I am just trying to figure out whats more effective because due to my location. Pacific Time California. I can only trade the London NY crossover.
  • #11,273
  • Apr 27, 2016 10:52am Apr 27, 2016 10:52am
Quoting Roose
{quote} I am just trying to figure out whats more effective because due to my location. Pacific Time California. I can only trade the London NY crossover.
Some years ago, I was in contact on another thread with a gentleman in San Francisco. I remember him saying that it was so frustrating trying to trade in Pacific Time. He said that he was tempted to fly over to the British Isles and "trade his ass off" for a couple of months!! Whether or not he did, I have no idea.
I wish you luck, Roose.
  • #11,274
  • Apr 28, 2016 10:51am Apr 28, 2016 10:51am
AUDUSD Trade. Explanations are on chart. Got out early but its all good
Attached Image (click to enlarge)
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  • #11,275
  • May 2, 2016 1:54am May 2, 2016 1:54am
Gday everyone,
Nice trade Roose!
Let us know how you go with the 1 hour charts.

Cheers.
  • #11,276
  • May 2, 2016 5:25am May 2, 2016 5:25am
Quoting Roose
AUDUSD Trade. Explanations are on chart. Got out early but its all good {image}
Interesting how we label things. I might have called that formation a 2B. If it works -you can call it what you like :-)
Good stuff on this thread. Well done all.
every Saint has a past. Every Sinner has a Future
  • #11,277
  • May 2, 2016 8:34am May 2, 2016 8:34am
Still on the 15 minute chart while i fiddle with the H1.
AUD/USD and USD/JPY
Explanations on chart
Now I'm off to brush up on my PA.
Attached Image (click to enlarge)
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  • #11,278
  • May 2, 2016 8:35am May 2, 2016 8:35am
Attached Image (click to enlarge)
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  • #11,279
  • May 2, 2016 8:36am May 2, 2016 8:36am
Please ignore the volume indicator on my chart. I wasnt using it and forgot to take it off.
  • #11,280
  • May 2, 2016 2:01pm May 2, 2016 2:01pm
Nice charts, Roose. In one of the charts, you referred to what you thought was an evening star candle. It wasn't. An evening star is a small bodied candle between a strong bullish candle and a strong bearish candle. If you're using Google, type "evening star candle" and hit "images". You'll get more than you bargained for, but you'll know what an evening star looks like!
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