Cable's been good this morning..... — Another quick-ish one. I saw the harami forming just under the main psych-line 1.4700, and decided to try for a quick 10 pips or so down to the xx.80 psych-line. However, it just kept dropping, and I ...

Psych Levels, Pivots, and Trendlines - Resurrected

Another Cable 5m trade.... — Here's another quick one. Price rose above the 1.4720 psych-line then pulled back slightly. Entry just above the high of the pull-back candle and exit as price started retreating from the target of 1.4750.

Psych Levels, Pivots, and Trendlines - Resurrected

Cable 5m.... — Here's a very quick trade on cable, and you really couldn't get any simpler than this. A little harami forms right on a major psych-line at 1.4700. Entry is at the high of the harami and exit is just above the target, which is ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi fx1...... — Well spotted re the AB=CD pattern, mate. Plus, I see three different candle patterns described.....tweezers, hammer and dark cloud cover.......! The tweezers in particular could have been easily missed, so well done, mate! ...

Psych Levels, Pivots, and Trendlines - Resurrected

Morning, folks..... — Nice trade, fx1. Where've you been, man?

Psych Levels, Pivots, and Trendlines - Resurrected

Eur/usd 5m...... — Once again, a trade prompted by a conspicuous candle indicator. This time, it was a hammer, situated right in amongst the confluence formed by the 34ema, the xx.80 psych-line and R1. Entry was at the high of the confirming ...

Psych Levels, Pivots, and Trendlines - Resurrected

5m Cable...... — Hi Guys. Thanks to Forex007 and Rialto for those links. I've seen both before, and I can highly recommend them for any beginners out there. This trade came from the doji on the major psych-line 1.4900. I always take the line ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Vantage. My trades are based on various combinations of Pivot lines, Psych-lines, the two ema's that I use and, as you point out, candle reversal patterns. The main patterns I look for are Shooting Stars, Morning Stars, Evening Stars, Piercing ...

Psych Levels, Pivots, and Trendlines - Resurrected

Many thanks, guys..... — Thanks very much, folks. Truly appreciated. Cheers

Psych Levels, Pivots, and Trendlines - Resurrected

Eur/usd 5m...... — A rather impressive shooting star forming right on the 13ema line alerted me to this trade. I waited for price to drop below the xx.20 psych-line before entering and again, exited as price started retreating from the xx.80 ...

Psych Levels, Pivots, and Trendlines - Resurrected

Morning, pipaholic.... — Look forward to seeing your postings, mate! Always nice to see new faces.

Psych Levels, Pivots, and Trendlines - Resurrected

Good morning, folks.... — A nice little ascending triangle on 5m cable produced this trade. Ascending triangles are usually considered to be bullish, and are most effective in a bullish trend, as can be expected. However, this one appeared in ...

Psych Levels, Pivots, and Trendlines - Resurrected

Eur/usd fib trade..... — This one didn't have the strength to retrace to the 38.2% line, so that gave some indication that it would produce a nice drop and a good profit. That's the theory, anyway, and this time it was right. Pretty ...

Psych Levels, Pivots, and Trendlines - Resurrected

Morning, folks..... — Hey fx1, nice to see you back. Good morning, Happy! Nice charts, folks, and good trades.

Psych Levels, Pivots, and Trendlines - Resurrected

Cable again..... — I wasn't in this one, unfortunately, but I've marked where my entry and exit would potentially have been. Again, it all stems from a nice little harami candle right on the confluence formed by the 13ema and the 1.5300 ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Folks..... — Not been around for a couple of days. Fx007, thanks for those links, mate. Very interesting. Here's a couple of cable trades just completed. Under fig1 there's a harami candle right on the 13ema, followed by a nice drop to just ...

Psych Levels, Pivots, and Trendlines - Resurrected

My SL was placed at 1.2665, which was just under the low of the previous green candle to my entry, mate. Hope that helps.

Psych Levels, Pivots, and Trendlines - Resurrected

An interesting pattern..... — I spotted this unusual pattern on eur/usd, and it reminded me strongly of a pattern originated and utilised by Golfer on the 5m Intraday thread. No doubt he'll correct me if I'm wrong, but I think it's what he ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Islander..... — You never know, mate! I like to use charts that are similar to acumen's, although it was YOUR charts that prompted me to start using the 34ema, which, along with the 13ema, I've found very useful. The only other indicator I ...

Psych Levels, Pivots, and Trendlines - Resurrected

On cable, it was a fresh chart I'd pulled up to check out possible TL's without any other distractions, such as ema's etc. The only reason I missed the move on eur/usd was because I was away from the computer for a while and the move was finished by ...

Psych Levels, Pivots, and Trendlines - Resurrected