{quote} Great stuff as usual with the pivots but have you lost your ma ?
Psych Levels, Pivots, and Trendlines - Resurrected
- #11,341
- May 25, 2016 7:02am May 25, 2016 7:02am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
- #11,342
- May 25, 2016 7:09am May 25, 2016 7:09am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
{quote} Not exactly. I've got into the habit now of using an MA as and when I think it's appropriate. If it isn't, I leave it off. Each to their own.
every Saint has a past. Every Sinner has a Future
- #11,343
- May 26, 2016 12:55pm May 26, 2016 12:55pm
G'day everyone!
EURUSD hasn't moved much lately. It has been around the 1.1200 for a while and has been a little difficult to trade.
But last night London's session I managed to take 2 good trades.
Both off previous support/ resistance.
First trade was a buy off yesterdays high and closed at todays Asian session high.
The second trade was the reverse.(I guess what goes up must come down!!!). I was planning to take profit a lot lower around the 1.1135 area. but when I went to bed it didn't seem like it had the legs so I changed it to 1.1160 which was lucky that I did!
Happy trading
Cheers
EURUSD hasn't moved much lately. It has been around the 1.1200 for a while and has been a little difficult to trade.
But last night London's session I managed to take 2 good trades.
Both off previous support/ resistance.
First trade was a buy off yesterdays high and closed at todays Asian session high.
The second trade was the reverse.(I guess what goes up must come down!!!). I was planning to take profit a lot lower around the 1.1135 area. but when I went to bed it didn't seem like it had the legs so I changed it to 1.1160 which was lucky that I did!
Happy trading
Cheers
- #11,344
- May 27, 2016 1:46pm May 27, 2016 1:46pm
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Nice to see coastie's activity! Nice one, mate.
I've been busy all day, but managed to grab this one before the weekend sets in. The highlight shows a nice little bullish harami candle, followed by a steady rise to the FPV (Main Pivot line). Entry and exit as shown.
Y'all have a good weekend. Bank holiday here on Monday.
I've been busy all day, but managed to grab this one before the weekend sets in. The highlight shows a nice little bullish harami candle, followed by a steady rise to the FPV (Main Pivot line). Entry and exit as shown.
Y'all have a good weekend. Bank holiday here on Monday.
- #11,345
- May 31, 2016 5:38am May 31, 2016 5:38am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
15m....... EJ
A bullish piercing pattern formed across FPV, and price then headed up to R1. Entry and exit as indicated.
A bullish piercing pattern formed across FPV, and price then headed up to R1. Entry and exit as indicated.
- #11,346
- May 31, 2016 9:02am May 31, 2016 9:02am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
15m..... EJ
Bullish flag pattern formed across R1. Price broke out and wended its way up to just below R2. Entry and exit as indicated.
Bullish flag pattern formed across R1. Price broke out and wended its way up to just below R2. Entry and exit as indicated.
- #11,348
- May 31, 2016 11:30am May 31, 2016 11:30am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
NICE ONE EV
15m........ UJ
Price broke out through FPV and out of the large symmetrical triangle. For just over an hour, price flipped up and down before making a bid for S1. Entry and exit as shown.
- #11,349
- May 31, 2016 11:46pm May 31, 2016 11:46pm
15m....... EJ A bullish piercing pattern formed across FPV, and price then headed up to R1. Entry and exit as indicated.
Nice trades as always EV,
I especially like this Harami trade. Going long after 2 big bearish candles. That's what I call a gutsy effort, well done!!!!!
Cheers
- #11,350
- May 31, 2016 11:55pm May 31, 2016 11:55pm
I took this EURUSD trade on a 15 min chart during London last night.
I went long at the close of the bullish engulfing candle as it seamed it couldn't get past previous support level of 1.1120.
TP was previous resistance, which is also the 50 round number.
Cheers
I went long at the close of the bullish engulfing candle as it seamed it couldn't get past previous support level of 1.1120.
TP was previous resistance, which is also the 50 round number.
Cheers
- #11,351
- Jun 1, 2016 2:53am Jun 1, 2016 2:53am
Eurusd 15 min chart.
Same trade as yesterday only quicker!!!
Bounce off 1120 area with a bullish engulfing candle at the beginning of London.
Exit at the round number/ previous resistance.
Happy trading
Cheers
Same trade as yesterday only quicker!!!
Bounce off 1120 area with a bullish engulfing candle at the beginning of London.
Exit at the round number/ previous resistance.
Happy trading
Cheers
- #11,352
- Jun 1, 2016 3:27am Jun 1, 2016 3:27am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
{quote} Nice trades as always EV, I especially like this Harami trade. Going long after 2 big bearish candles. That's what I call a gutsy effort, well done!!!!!
- #11,353
- Jun 1, 2016 4:33am Jun 1, 2016 4:33am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
15m..... EJ
Price moved up from S3 to S2/TL area, and then held there for a spell of consolidation. Eventually, price then moved down and hit S3 again. Entry and exit as indicated.
Price moved up from S3 to S2/TL area, and then held there for a spell of consolidation. Eventually, price then moved down and hit S3 again. Entry and exit as indicated.
- #11,354
- Jun 1, 2016 5:39am Jun 1, 2016 5:39am
Nice trade EV.
This is why I can't trade more than 1 pair, I went long on EURUSD and you went short EURJPY and we both made money.
I would have thought these 2 pairs would be correlated in some way and if I try to trade both, I probably would have 2 losing trades
instead of 1 winning!!!!
Cheers
This is why I can't trade more than 1 pair, I went long on EURUSD and you went short EURJPY and we both made money.
I would have thought these 2 pairs would be correlated in some way and if I try to trade both, I probably would have 2 losing trades
instead of 1 winning!!!!Cheers
- #11,355
- Jun 1, 2016 5:58am Jun 1, 2016 5:58am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
15m... UJ
I didn't take this one, but it would have made 30 pips or so. A large bearish flag pattern formed across S3, and as can be seen, price broke under the flag and made it down to S4.
When price hits a Pivot line there's always the chance of a candlestick pattern or a TL pattern to show the way to profit!!
I didn't take this one, but it would have made 30 pips or so. A large bearish flag pattern formed across S3, and as can be seen, price broke under the flag and made it down to S4.
When price hits a Pivot line there's always the chance of a candlestick pattern or a TL pattern to show the way to profit!!
- #11,356
- Jun 1, 2016 10:27am Jun 1, 2016 10:27am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
15m....... AJ
Price dropped below S3, then pulled back and pushed back above S3, plus the long TL. Entry and exit as indicated.
Price dropped below S3, then pulled back and pushed back above S3, plus the long TL. Entry and exit as indicated.
- #11,357
- Jun 2, 2016 8:53am Jun 2, 2016 8:53am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
15m................ EJ
A push below S2, followed by a pull-back testing for resistance. Then came a fairly rapid drop to S3 where I jumped ship.
(Using 34 and 60 exponential averages for a while)
A push below S2, followed by a pull-back testing for resistance. Then came a fairly rapid drop to S3 where I jumped ship.
(Using 34 and 60 exponential averages for a while)
- #11,358
- Jun 3, 2016 12:43am Jun 3, 2016 12:43am
15m................ EJ A push below S2, followed by a pull-back testing for resistance. Then came a fairly rapid drop to S3 where I jumped ship.
I have seen the 34 EMA used often, funny number to use but seems to work.
Cheers
- #11,359
- Jun 3, 2016 1:25am Jun 3, 2016 1:25am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
{quote} nice trade EV. I have seen the 34 EMA used often, funny number to use but seems to work. Cheers
- #11,360
- Jun 7, 2016 3:20am Jun 7, 2016 3:20am
Gday everyone!!
I placed this trade last night.
EUR 5 min chart
Price bounced off previous support with an engulfing candle, I waited for a trend line break and entered.
SL below the swing and TP was at previous resistance.
Cheers
Coastie
I placed this trade last night.
EUR 5 min chart
Price bounced off previous support with an engulfing candle, I waited for a trend line break and entered.
SL below the swing and TP was at previous resistance.
Cheers
Coastie