15m..... GU A bearish flag pattern across the Main Pivot line, followed by a substantial drop. Entry and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

Quite right, fxn. His T-Line method is fun to use and can be very profitable!!

Psych Levels, Pivots, and Trendlines - Resurrected

Mr. Bigalow uses the 8ema, and calls it the T-Line or Trigger Line.

Psych Levels, Pivots, and Trendlines - Resurrected

Have a look at some of Mr. Bigalow's videos, pqd. Especially this one: video He confirms what you just mentioned.

Psych Levels, Pivots, and Trendlines - Resurrected

Just kept seeing referrals to the 50sma as being a very good trend indicator. Plus, on investigation, it was uncanny how many times price would come to the 50sma and stop and reverse. The general consensus seems to be that if you have the 50sma on ...

Psych Levels, Pivots, and Trendlines - Resurrected

Very decent, fxn. Not one of the common ones, but well worth checking out.

Psych Levels, Pivots, and Trendlines - Resurrected

15m........ EU I had this one going as well. Another flag pattern from MR1 to the Main pivot. Entry and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

15m............ GBP/CHF A nice flag pattern across the Main Pivot line and the 50sma confluence. Entry and exit as shown. (Good to see you back, pqd! Nice trades!!)

Psych Levels, Pivots, and Trendlines - Resurrected

Good to see you back on here again, pgd. 5 hours or not, 54 pips is worth the wait!

Psych Levels, Pivots, and Trendlines - Resurrected

That was about 20 pips in before it started back up, Cold. My philosophy in cases like this is that 20 pips is worth keeping, so get out before you lose them. Mind, you have to be fast, because the reversal can be quite rapid sometimes! No offence, ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m ...... EJ This one is from the chart I posted above. A breakout downside from a sideways wedge pattern. Entry and exit as shown. (Similar ones on AJ and NU)

Psych Levels, Pivots, and Trendlines - Resurrected

Good one, fuzz. Lots of breakouts on the go right now!

Psych Levels, Pivots, and Trendlines - Resurrected

Might be worth keeping an eye on this one. A breakout is nearly always on the cards. Who knows?

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks for the video, fxn.

Psych Levels, Pivots, and Trendlines - Resurrected

I still use 5m charts to do a little scalping now and again. However, 15m charts make things a lot more relaxing, and I have the time to nip away from the computer if there's something that needs to be attended to.

Psych Levels, Pivots, and Trendlines - Resurrected

You're very welcome, my friend.

Psych Levels, Pivots, and Trendlines - Resurrected

Yes. Which didn't happen until 3 candles later. See what I mean, mate?

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, I think so, mate. It would have been better to wait for the next complete candle, which as you can see was bearish. You live and learn, fuzz. Hope you see what I mean?

Psych Levels, Pivots, and Trendlines - Resurrected

Fuzz, no offence, but why didn't you wait for the break of the TL ? Just curious.

Psych Levels, Pivots, and Trendlines - Resurrected

Hey, nice to see you again, pg!! Hope all is well with you and yours. A nice trade, my friend, and dropping a time frame to "zero in" is always a great idea!

Psych Levels, Pivots, and Trendlines - Resurrected