Following on.... — Thanks, mate, and this is a follow-on trade. After such a steep rise in price, it's often well worth trading the retracement down to the ema, and this is a good example of this type of opportunity. The dragon-fly doji, ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi guys...... — My only trade today so far, and it's been a cracker! I was monitoring all morning just out of interest, but I didn't have time to sit and watch. I saw this one developing as price was meandering along the 13ema line. I waited ...

Psych Levels, Pivots, and Trendlines - Resurrected

All the best, mate. SYT.

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks, mate..... — Did you see this one, fx1? A nice symmetrical triangle break upwards would have netted around 40 pips or more. I wasn't at the computer though, so I missed it.

Psych Levels, Pivots, and Trendlines - Resurrected

Yeah, you're right, I suppose. Anyway, I've just made amends over on the eur/usd. A bullish engulfing candle on the 13ema, prompted me to enter just above the .20 psych line. Looking at it, I'm so glad I jumped ship when I did!

Psych Levels, Pivots, and Trendlines - Resurrected

Spot on, mate...... — Good trade, fx1, and it serves me right for being....... !!!!!!

Psych Levels, Pivots, and Trendlines - Resurrected

Well done, mate. I TOLD you I'd live to regret it! Edit: It's forming a triple-top now, or is that a quadruple-top?

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, the TL is giving strong support. I was tempted to trade this, but my ema's are starting to flatten out, so I won't bother. I just KNOW I'll live to regret it! Edit: Just seen your post, Rialto. Nice chart, mate. Thanks for your ...

Psych Levels, Pivots, and Trendlines - Resurrected

Further......... — Re the above chart.....it's now formed a double-top at the 1.5900 psych-line. Worth watching?

Psych Levels, Pivots, and Trendlines - Resurrected

Cable 5m.... — Morning, folks..... Hey, fx1, nice trades, mate. Your charts are always full of very useful info! Here's a recently completed trade on cable. After price started retracing from the 1.5900 line, I thought it might bounce back ...

Psych Levels, Pivots, and Trendlines - Resurrected

A cable pattern.... — A cable trade from a symmetrical triangle, which is usually considered to indicate a trend continuation signal. And it didn't disappoint. My target was the 1.6150 line, but price kept on dropping as I was attempting to ...

Psych Levels, Pivots, and Trendlines - Resurrected

5m eur/usd... — This would have made an interesting trade. I didn't take it because of my involvement with cable at the same time. Price formed a consolidation zone, and then broke southwards. After a good while it reversed and stopped EXACTLY ...

Psych Levels, Pivots, and Trendlines - Resurrected

Morning, folks............ — Nice trades, Islander. A good start to the day! Here's a trade on cable. The pull-back produced a confluence of the 13ema and the 1.6250 psych-line. A nice little spinning top formed, and I entered just ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks, mate. Probably my last of the day. Got to go out, so I'll wish you and everybody else on here a very nice weekend, my friend. See you Monday, hopefully.

Psych Levels, Pivots, and Trendlines - Resurrected

Cable 5m.... — A nice little trade after the bearish engulfing candle, which straddled both ema's. Entry just under the psych-line, and exit as the following candle started to retrace. Nice and simple and straightforward.

Psych Levels, Pivots, and Trendlines - Resurrected

Have a good weekend, Vantage.

Psych Levels, Pivots, and Trendlines - Resurrected

You're right, and I'm learning all the time about those particular factors, from your posts, as well as those from Islander and Vantage. Always lots of good solid information, no doubt about it.

Psych Levels, Pivots, and Trendlines - Resurrected

Absolutely. I know exactly what you mean. These indications have to be taken into account, but I know from experience that they're easily missed, or even worse, ignored.

Psych Levels, Pivots, and Trendlines - Resurrected

Couldn't agree more. Wow! Look at it rise!

Psych Levels, Pivots, and Trendlines - Resurrected

Lol!!! I didn't see your post until after I posted my last one. Great minds think alike, mate!! Well done!

Psych Levels, Pivots, and Trendlines - Resurrected