Looking like a bullish flag now, mate.

Psych Levels, Pivots, and Trendlines - Resurrected

Cable in a small range.... — Cable is presently in a small range of around 30 pips. As fx1 hinted, it's now a question of "wait and see".

Psych Levels, Pivots, and Trendlines - Resurrected

It's trying hard to breach the xx.50 level, fx1. It pulled-back a little and as I type this, it's moving above the xx.50. Edit: The xx.50 proving to be very stubborn.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Folks............ — Nice to see some life back after a quiet end of week on this thread. Nice trades, fx1, and good to see you, mate. I'm posting what would have been a great trade had I been in a position to take it. It's a classic pattern ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Guys.... — Had a busy morning, one way or another, but not at the computer unfortunately. So I'm posting my one trade of the day so far, and even this one is after being called away from the computer again! I liked this one because of ...

Psych Levels, Pivots, and Trendlines - Resurrected

A couple of good trades this morning, Vantage. Nice clear charts, too!

Psych Levels, Pivots, and Trendlines - Resurrected

My pleasure, old chap......... — No probs with the reply, mate. Always happy to help if I can. By the way, this isn't MY method. Acumen started this thread, and two or three of us have sort of embellished it to fit our own way of trading. So ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Forex007...... — I hope Islander doesn't mind me answering your question, mate. He uses a 34ema with an 8ema, as far as I know. I, on the other hand, like to use a 13/34 pair as they're both fib numbers (as is 8, of course). My thinking is ...

Psych Levels, Pivots, and Trendlines - Resurrected

I don't know if it's got a name, Islander. If it has, I don't know what it is. What's Japanese for "Bloody Long Candle"?

Psych Levels, Pivots, and Trendlines - Resurrected

Another nice little trade. The doji/spinning-top right on the xx.20 psych-line gave the heads-up, and I then waited for price to hit the high of the confirming candle. (Note also that price had to get past the mid-point/34ema confluence also.) There ...

Psych Levels, Pivots, and Trendlines - Resurrected

Funny how things balance out, mate. No hot water, but a couple of great trades!! Hope you get the agua-situation sorted, Islander. (If only to keep your other half off your back!!)

Psych Levels, Pivots, and Trendlines - Resurrected

All the best, mate. SYT.

Psych Levels, Pivots, and Trendlines - Resurrected

Back to basics..... — I'm a bit late posting this, as I was called away from the computer. However, it's worth looking at as I think it encompasses the "acumen principle". A harami (or very near) formed right on the 1.2700 psych-line. I waited ...

Psych Levels, Pivots, and Trendlines - Resurrected

Nice trade, mate, and here's what happened straight after! I wish I'd been a bit more alert..........

Psych Levels, Pivots, and Trendlines - Resurrected

Hi fx1..... — Looks like great minds think alike, mate. Below is my completed trade. It took its own sweet time until trade continuance, but it was worth waiting for. As you can see, my target was the previous swing low.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Islander... — Good day to you, mate. You've got some nice moves there, Islander, but in particular, I like the nice little harami candle under the 2nd red arrow, which led to a very nice move downwards. Plus, above your green arrow at T2, I ...

Psych Levels, Pivots, and Trendlines - Resurrected

Your eye's in nicely this morning, fx1! Nicely spotted. This trade is a follow on from the last one. Price took its time retracing to the confluence formed by the 38.2% fib and the xx.80 psych-line, but then it took off. Once again, my target was ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Folks...... — Nice trade, fx1, and good morning to you. Here's a fib trade just finished on the 15m eur/usd. After a retracement to the confluence formed by the xx.50 psych-line and the 34ema, I entered just above the high of the ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks very much, Islander, for the links. I'll investigate them later, but for now, I've got to go. Have a great weekend, guys. Cheers

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Islander... — Would the three red lines I see on your chart develop into an Andrew's Pitchfork? I'm just asking because it's something I've never really seriously looked at, and you've piqued my curiosity!

Psych Levels, Pivots, and Trendlines - Resurrected