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fx1dr3r replied Sep 28, 2008Just woke up — Excellent chart EV! You were quickly able to apply islander's use of the 34EMA. Have a nice one EV! See you later.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 26, 2008Big range — Looks like cable is finding strong resistance at psyche level-1.8400 and a strong support at MS1-1.8338 (just below psyche level-1.8350).
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 26, 2008Hi Islander! Do you use them for MA cross or as a bounce region?
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 26, 2008Falling Wedge — Could this be a falling wedge with a higher probability of break upwards?
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 26, 2008Range Breakout — Good day guys! Cable made a range between 1.8440 and 1.8410. Placed a sell stop 3 points below the range and TP at 100% extension. Could have placed the TP at psyche level-1.8350 but didn't think it will make it coz of low ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008Signing off... — Nice one EV! That really shows the strength of psyche levels and pivots, they serve not just as entry levels but as good exit points well. .... Well, I'm done for the day. Happy trading EV, Ed and others! See you all tomorrow.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 200876.4% retracement? — Could this be a 76.4% retracement? What do you think guys?
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008
.. That's great EV! ... Will do. I'm learning a lot from your candlesticks analysis too.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008I was lookin at it as a range. And it just made a break up, but was resisted by the confluence of psyche level 1.8600 and MR2-1.8608.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008Range Breakout — Here's nice range breakout trade. Placed a buy stop 3 (bid) points above the range. TP at 1.8600 psyche level coz of the confluence with MR2-1.8608.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008
.. I sometimes stray to EURUSD but I concentrate and trade cable only.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008Ascending Triangle? — A possible ascending triangle on EURUSD?
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008Nice one EV! Good eye and quick reaction!
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008Your welcome — Your welcome Ed! Hope you have a good trading day too. Looks like cable is ranging between 1.8551 and 1.8519. It might be a good time for a range breakout trade.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008Another 50% Retracement — Nice one EV! Got in after cable made a lower swing high. TP at 1.8563 coz there's a confluence of R1-1.8560 and psyche level-1.8550. Edit: It looks like cable really went for 100% extension on this one since it still ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008
.. looks like we were sailing at the same ship. The confluence is truly strong. Price didn't even touch it. Although, looking at previous hours, it did stop at a visual support level.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 25, 2008A possible 50% retracement? What do you think guys? Edit: Got in @ 1.8607. Got out at 1.8575. Still has one sell from the recross of the confluence of 1.8608 and psyche level-1.8600. TP at MR1-1.8535. Edit: Gonna watch this one closely coz there's a ...
Psych Levels, Pivots, and Trendlines - Resurrected