Psych Levels, Pivots, and Trendlines - Resurrected | Page 599 | Forex Factory

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Psych Levels, Pivots, and Trendlines - Resurrected

  • #11,961
  • Mar 3, 2017 5:25am Mar 3, 2017 5:25am
First trade from friday
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Even though I walk through the darkest valley, I will fear no evil
  • #11,962
  • Mar 3, 2017 5:27am Mar 3, 2017 5:27am
Quoting Mercennary
{quote} Thanks a lot, I'll definetly study this out, M1 always interested me however I never thought It was possible to trade it consistently. It fits my personality perfectly! Took one trade on UJ, I believe it fits perfectly on your methodology {image}
well done
Even though I walk through the darkest valley, I will fear no evil
  • #11,963
  • Mar 3, 2017 9:10am Mar 3, 2017 9:10am
Quoting Mercennary
{quote} Thanks a lot, I'll definetly study this out, M1 always interested me however I never thought It was possible to trade it consistently. It fits my personality perfectly! Took one trade on UJ, I believe it fits perfectly on your methodology {image}
Nice trading!! Keep it up!!!
  • #11,964
  • Mar 3, 2017 9:11am Mar 3, 2017 9:11am
A couples of trades I took today..
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  • #11,965
  • Mar 3, 2017 11:01am Mar 3, 2017 11:01am
Quoting monocor
{quote} well done
Hey mate, I had 8 other setups, 7 of them losers...my head is spinning
I'm going thru your charts and I noticed you always wait for a decent trend to start, them a very defined pattern before entry + divergence, I'm I right?
thinking outside the box
  • #11,966
  • Mar 3, 2017 12:52pm Mar 3, 2017 12:52pm
Quoting Mercennary
{quote} Hey mate, I had 8 other setups, 7 of them losers...my head is spinning I'm going thru your charts and I noticed you always wait for a decent trend to start, them a very defined pattern before entry + divergence, I'm I right?
If you are just starting out then yes wait for a trend.. The more advance traders will take patterns from reversals and failed breakouts.. But for now stick with the trend and support & resistance..
  • #11,967
  • Mar 3, 2017 12:57pm Mar 3, 2017 12:57pm
Quoting focusonmoney
{quote} If you are just starting out then yes wait for a trend.. The more advance traders will take patterns from reversals and failed breakouts.. But for now stick with the trend and support & resistance..
How do you guys identify the possible start of a trend, good angled MAs?
thinking outside the box
  • #11,968
  • Mar 4, 2017 1:48pm Mar 4, 2017 1:48pm
Quoting Mercennary
{quote} How do you guys identify the possible start of a trend, good angled MAs?
I have been trading so long that it is easy for me to identify a trend, but an easy way to do it is to put a 20 ema on your chart... When price is above the ema look for longs, when it's below look for shorts..
  • #11,969
  • Mar 7, 2017 3:04am Mar 7, 2017 3:04am
Quoting Mercennary
{quote} How do you guys identify the possible start of a trend, good angled MAs?
Follow the price, HH, HL, pivot point rejection H&S, possible new HH
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Even though I walk through the darkest valley, I will fear no evil
  • #11,970
  • Mar 7, 2017 3:05am Mar 7, 2017 3:05am
Trade from today
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Even though I walk through the darkest valley, I will fear no evil
  • #11,971
  • Edited 3:19am Mar 7, 2017 3:06am | Edited 3:19am
Quoting Mercennary
{quote} Hey mate, I had 8 other setups, 7 of them losers...my head is spinning I'm going thru your charts and I noticed you always wait for a decent trend to start, them a very defined pattern before entry + divergence, I'm I right?
Show me your trades.
It is all about where you take your trades. Support was broken, price testing it, S has to become R, but it is not guarantee, 50/50, so we need some thing more, and we got flag, which tells us price will continue dropping down.

First thing is patience, wait for a nice set up. I don't trade all day, about 90% of my day I sit and wait for a proper price movement
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Even though I walk through the darkest valley, I will fear no evil
  • #11,972
  • Mar 7, 2017 3:07am Mar 7, 2017 3:07am
Quoting focusonmoney
{quote} I have been trading so long that it is easy for me to identify a trend, but an easy way to do it is to put a 20 ema on your chart... When price is above the ema look for longs, when it's below look for shorts..
thats a nice way to identify direction
Even though I walk through the darkest valley, I will fear no evil
  • #11,973
  • Mar 7, 2017 6:11am Mar 7, 2017 6:11am
Quoting monocor
{quote} Show me your trades. It is all about where you take your trades. Support was broken, price testing it, S has to become R, but it is not guarantee, 50/50, so we need some thing more, and we got flag, which tells us price will continue dropping down. First thing is patience, wait for a nice set up. I don't trade all day, about 90% of my day I sit and wait for a proper price movement {image}
Thanks man, hardest thing for me is waiting for the proper pattern to develop.
thinking outside the box
  • #11,974
  • Mar 7, 2017 8:13am Mar 7, 2017 8:13am
Quoting monocor
{quote} Show me your trades. It is all about where you take your trades. Support was broken, price testing it, S has to become R, but it is not guarantee, 50/50, so we need some thing more, and we got flag, which tells us price will continue dropping down. First thing is patience, wait for a nice set up. I don't trade all day, about 90% of my day I sit and wait for a proper price movement {image}

I agree with moncor.. Wait for the best set ups.. Price pulling back to support combined with price action is a good way to trade.. Have patience..

Here's a trade I took today..
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  • #11,975
  • Mar 7, 2017 8:59am Mar 7, 2017 8:59am
My last trade for the day..
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  • #11,976
  • Mar 12, 2017 3:30am Mar 12, 2017 3:30am
Hi to all, i'm glad all start to post.. i'm nooby and just learn, that's why i really need your charts and trades)
  • #11,977
  • Mar 13, 2017 6:48am Mar 13, 2017 6:48am
Fresh trade from this week. AU, H&S at support, hammer +8 pip, 2,5% in to account
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Even though I walk through the darkest valley, I will fear no evil
  • #11,978
  • Mar 13, 2017 6:57am Mar 13, 2017 6:57am
Quoting FXmongoose
Hi to all, i'm glad all start to post.. i'm nooby and just learn, that's why i really need your charts and trades)
I don't want to scare you, if you just started, it will take 2 or 3 years when you will start understanding the market, and couple years more before you will start making money. If you are ready for this journey welcome !!!!!!!
Even though I walk through the darkest valley, I will fear no evil
  • #11,979
  • Mar 14, 2017 12:17pm Mar 14, 2017 12:17pm
Quoting monocor
{quote} I don't want to scare you, if you just started, it will take 2 or 3 years when you will start understanding the market, and couple years more before you will start making money. If you are ready for this journey welcome !!!!!!!

I agree!!
  • #11,980
  • Mar 15, 2017 3:41am Mar 15, 2017 3:41am
GU trade, couple dojis adn shooting star at resistance, 3 to 1 trade
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Even though I walk through the darkest valley, I will fear no evil
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