I agree with you, fx1. I often see that there's quite a few lurkers, from the list at the bottom of each page. More contributors would be welcome, because as you say, this method is solid. Yes, I did exit because of the confluence, mate. Forgot to ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Ed and fx1.... — If you look at the retracement and note the morning-star followed by the confirming candle, I entered at 1.7496; just above the high of the confirming candle. I closed the trade at 1.7542 (FE 100%), figuring that was a good ...

Psych Levels, Pivots, and Trendlines - Resurrected

Nice fib trade this morning. — Just in case anybody's still out there......... This fib trade just did what we always WANT them to do! Absolutely perfect!

Psych Levels, Pivots, and Trendlines - Resurrected

Sleep well, mate. And good luck with your future trades.

Psych Levels, Pivots, and Trendlines - Resurrected

Yet another...... — I wasn't involved with this one, but it's a great example of how these opportunities can sometimes crop up all day long. The low is indicated by the harami candle; the high by a bearish engulfing candle. A routine pull-back ...

Psych Levels, Pivots, and Trendlines - Resurrected

Happy to help, old chap.

Psych Levels, Pivots, and Trendlines - Resurrected

No problem.... — Yes, I see your problem. On your MT4 screen, right at the top, you have a tool bar. One of the available tools is one called "Insert". Click that, and you'll be presented with a whole range of tools, one of which is Fibonacci. ...

Psych Levels, Pivots, and Trendlines - Resurrected

The fib expansions come from using a separate tool from the fib retracement tool. If you're using MT4, look at the tool bar, and you'll see a tool for fib retracement, one for fib expansion, one for fib arc, and another for fib fan. Once the fib ...

Psych Levels, Pivots, and Trendlines - Resurrected

Sorry, mate, not with you. Are you perhaps confusing the fib retracements with the fib expansions? Can you elaborate a little?

Psych Levels, Pivots, and Trendlines - Resurrected

Stubborn TL.... — This trade would have had a lot of promise, but for the green TL. So, because it had been tested 6 times earlier, I made it my TP area, and in fact got out at the first FE line. I've been waiting to see whether price would ...

Psych Levels, Pivots, and Trendlines - Resurrected

A good trade from this morning.... — I would have posted this a bit earlier as it was happening, but for some reason, I couldn't get FF due to a "Data Error". I could get any other site, but not FF. Thank goodness it's back. Anyway, ...

Psych Levels, Pivots, and Trendlines - Resurrected

Good trades..... — ........and good analysis, as well, mate. Well done.

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks for that, mate. Any chance of you posting that MA ribbon indicator? I know I hinted before that I'm not too keen on indicators, but I'd like to have a play around with it if possible. Cheers

Psych Levels, Pivots, and Trendlines - Resurrected

Andy, what's that psychadelic thingy in the main window? Never seen one of those before.

Psych Levels, Pivots, and Trendlines - Resurrected

Spot the not-so deliberate mistake! — This is the same chart as last time, but with fibs drawn for a short trade. Guess I should have stayed with the trend!

Psych Levels, Pivots, and Trendlines - Resurrected

Not looking too hopeful. My entry was going to be above the mid-point line, but it's not looking too clever at the moment. So, again, watch and wait. EDIT: Price now nudging the S1 line, so I think I'll forget it.

Psych Levels, Pivots, and Trendlines - Resurrected

Correct re the retracement tool. However, if you take the expansion tool and draw it exactly the same way as you did the retracement, you'll find it will draw the third point by itself, and it represents a 50% pull-back. Don't get hung up on that, ...

Psych Levels, Pivots, and Trendlines - Resurrected

Let's see where this one takes us.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Andy... — Always nice to chat to a fellow Manc! I'd like to see one of your charts, mate, because it sounds as if you've got a whole heap of stuff on them. Until recently, I was trying to follow Spud's stoch theories, but all that MTF ...

Psych Levels, Pivots, and Trendlines - Resurrected

For Spice Girl.... — Try this website: url Superb for beginners. Cheers

Psych Levels, Pivots, and Trendlines - Resurrected