Yet another opportunity.... — This time on cable. After the retracement, I wanted price to drop below the 34ema at Figure 1., but obviously, it didn't. So I waited to see what transpired. Another retracement was followed by a strong drop ...

Psych Levels, Pivots, and Trendlines - Resurrected

Following on...... — Straight after my last fib trade, eur/usd went into another one. Another simple little trade...............

Psych Levels, Pivots, and Trendlines - Resurrected

Nice fib opportunity.... — Nice 'n' easy straightforward 20 minute in and out....... I love these..............

Psych Levels, Pivots, and Trendlines - Resurrected

A belated good morning.... — Hi guys. There's a symmetrical triangle forming on the 15m cable.......... Edit: Broke to the low at 1.8040. In at 1.8036. Out at 1.8012. Edit: A descending triangle formed at the same time on eur/usd.

Psych Levels, Pivots, and Trendlines - Resurrected

Great minds think alike! I've also tried MA bands, mate, but prefer this High/Low method. Thanks for posting your charts, Islander. They are proving to be a big help for me. Cheers

Psych Levels, Pivots, and Trendlines - Resurrected

A falling wedge... — Another example of a wedge, this time a falling one, which broke nicely upwards, giving a nice profit before reversing at the psych-line. I didn't see this one until it had finished, as I was concentrating on other things.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi fx1. I saw this one too, but far too late, I'm afraid. Just shows that one has to watch closely to spot the opportunities as they come along. Good trade, mate.

Psych Levels, Pivots, and Trendlines - Resurrected

Rising Wedge.... — Spotted this rising wedge forming before, so it was just a matter of waiting to see if it would actually break downwards. Which it did......... Also, I've put TWO 34ema's on now......High and Low, as it provides a small ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi fx1.... — FO = Frankfurt Opening LO = London Opening Nice charts earlier, mate. Been a big drop since I went to bed! I've always wondered what one does when we've run out of Pivot Supports or Resistances? I've tried working them out (S4, R4 ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi guys.... — Just thought I'd check things out before I head for bed, and spotted this reversal. Note the doji and spinning-top, indicating indecision right on the triple-confluence of S1, psych-line and 34ema. I wish I'd been on this one!! ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hey Islander..... — Would you keep posting your charts showing us more examples of how you incorporate the 34ema into your trading? I, for one, would find them very helpful. Cheers for now. (Probably won't be on again today, as I'm pretty busy ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi fx1... — Could this be an ascending triangle formed by the TL and the 1.8400 psych-line? Time will tell............... Edit: Nope. Price has broken to the upside.

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks for that, mate. Who needs indicators?

Psych Levels, Pivots, and Trendlines - Resurrected

matsf, am I right in thinking you took the trade after seeing the doji on the 0.80 psych line? In other words, a routine reversal pattern? Nice trade, mate!

Psych Levels, Pivots, and Trendlines - Resurrected

All the best, mate.

Psych Levels, Pivots, and Trendlines - Resurrected

Another candlestick pattern result.... — This one was the result of a bullish piercing pattern. Once that completed, I entered just above the confluence, bailing out just below the 0.20 psych-line.

Psych Levels, Pivots, and Trendlines - Resurrected

Spot on, mate. Keep posting those breakout charts of yours, fx1, 'cos they're coming in really useful for me. I learn something everyday from your charts.

Psych Levels, Pivots, and Trendlines - Resurrected

Oh, right. Yeah, guess it's better to focus on one thing only, but I'm managing to watch both cable and e/u with good results. What d'you reckon on this one, fx1? Flag pattern forming or what? Edit: Just broken out to the the up-side.

Psych Levels, Pivots, and Trendlines - Resurrected

Fx1, I know eur/usd isn't your thing, but look at this triangle..........!! Edit: Oh, you've already seen it! I thought you were always gazing at cable! Edit: In at 1.4682, by the way. Edit: ...and out at 1.4695. (Confluence too near)

Psych Levels, Pivots, and Trendlines - Resurrected

That's why they call me EYE-voltage!! Geddit?

Psych Levels, Pivots, and Trendlines - Resurrected