Sideways Channle BO Trade and Fib trade — Traded the break upwards of the channel. My buy stop was hit 10 bid points above the ceiling of the channel. TP was at psyche level-1.4950. Didn't quite got there and had to close the trade manually. ...

Psych Levels, Pivots, and Trendlines - Resurrected

Cable is moving in a sideways channel with R2-1.4812 at the floor and psyche level-1.4800 just below it, while the confluence of R3-1.4898 and psyche level-1.4900 is just above the ceiling. Let's see what happens.

Psych Levels, Pivots, and Trendlines - Resurrected

Got it! It's a bullish engulfing pattern! The succeeding bullish candle engulfs the previous bearish candle.

Psych Levels, Pivots, and Trendlines - Resurrected

Fib trade — After the initial break up. Cable pulled back to the confluence of R2-1.4812 and 38.2% retracement then formed an outside candle (if I'm not mistaken, gonna need EV's feedback on that). Bought after price crossed above the pattern. ...

Psych Levels, Pivots, and Trendlines - Resurrected

Traded the break upwards of the bullish flag. My buy stop was hit 5 bid points above the last candle that touched the upper boundary before the break up. TP was at the confluence of psyche level-1.4850 and MS3-1.4855. Closed the trade as price ...

Psych Levels, Pivots, and Trendlines - Resurrected

A bullish flag pattern is currently forming in cable. Let's see what will happen. Will there be a trend continuation (which is the current bias of the pattern) or will there be a downward break.

Psych Levels, Pivots, and Trendlines - Resurrected

Recently, I've been studying how to trade the range of wide sideways channels but I'm not yet getting the hang of it. A couple of things to look out for though are time periods near or at market openings and on high impact news when there's a higher ...

Psych Levels, Pivots, and Trendlines - Resurrected

.. Thanks for the reminder.

Psych Levels, Pivots, and Trendlines - Resurrected

Sideways Channle BO Trade and Fib trade — Traded the breakout and continuation of the subsequent pullback. The breakout didn't go far. So I was looking for the confluence of the broken ceiling of the channel and 50% retracement to support the ...

Psych Levels, Pivots, and Trendlines - Resurrected

Good day guys! — Hi EV! Nice trade yesterday. I hope your internet problem is solved soon. Would like to see more of your illustrations. Here's a chart on cable. It's been moving in a sideways channel since the US afternoon session. It looks ...

Psych Levels, Pivots, and Trendlines - Resurrected

Descending Triangle BO Trade — Traded the breakdown of the descending triangle. My sell stop was hit 5 points below the floor. TP was placed and hit just above S2.

Psych Levels, Pivots, and Trendlines - Resurrected

Descending Triangle — Looks like a descending triangle is developing in cable with MS2-1.4661 at the floor. Let's see what will happen.

Psych Levels, Pivots, and Trendlines - Resurrected

Fib Trade — Here's another fib trade. After hitting the psyche level-1.4650 cable pulled back and met resistance at the confluence of S1-1.4714 and 61.8% retracement. It then formed a LSH with a couple of spinning tops which shows indecision ...

Psych Levels, Pivots, and Trendlines - Resurrected

Looks like your limit order has just been hit. Excellent trade Islander! And it looks like cable is pulling back after hitting the xx50 level. Talk about accuracy right down to the pip! Didn't have another entry after my last trade ...

Psych Levels, Pivots, and Trendlines - Resurrected

Fib Trade — After the initial breakout from the sideways channel. Cable then pulled back and met resistance at the confluence of the previous broken support of the channel, 76.4% retracement and the falling TL. It then formed a shooting star. ...

Psych Levels, Pivots, and Trendlines - Resurrected

Sideways Channle BO Trade — Traded the breakdown of the channel. My sell stop was hit at 1.4747 just below the psyche level-1.4750. TP was hit just above S1-1.4714.

Psych Levels, Pivots, and Trendlines - Resurrected

Good day guys! — Excellent illustration EV! Cable is currently moving in a sideways channel. Let's see what will happen near or during the European session.

Psych Levels, Pivots, and Trendlines - Resurrected

.. I was able to trade it. But I only got 33 pips. My TP was hit at psyche level-1.5000.

Psych Levels, Pivots, and Trendlines - Resurrected

Symmetrical Triangle BO trade / ABCD — Bought at the break upwards of the symmetrical triangle at M5. Immediatelly after the breakout, price met resistance at S2. It pulled back and met support at psyche level-1.4950. TP was placed and hit at ...

Psych Levels, Pivots, and Trendlines - Resurrected

Symmetrical Triangle — Looks like your able to apply your strategy to any pair without any problem EV! Are you consistently trading the Aussie now along with EURUSD, GBPUSD and USDCHF? Here's a symmetrical triangle in M5 cable.

Psych Levels, Pivots, and Trendlines - Resurrected