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fx1dr3r replied Sep 19, 2008
Excellent analysis Islander! Wow, look at it rise near the central pivot-1.8181.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008Fib Trade — After the breakout from the range. Price retraced by 61.8%. Confluence of MS2-1.8041 and psyche level-1.8050 became a good support. Price then continued up, until it met a resistance at S1-1.8087 forming a tweezer top. Good entry ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008
Excellent illustration EV! Talk about trading naked!... I think SpecialEd and Acumen may have just coined your handle: "King of the Candlesticks".Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008Breakout to upside! Edit: I'm in from 1.8051. Edit:
Exit at 1.8075 just in time. Saw that strong white candle coming down and a tweezer top.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008Sideways — Looks like cable is ranging sideways. This might be a good time for a range breakout trade. Edit: With confluences on both sides. Confluence of MS2-1.8041 and psyche level-1.8050 on top. S2-1.7995 and psyche level-1.8000 at the ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008
.. Got in at 1.7975 after the break of the triangle. TP hit at 1.7995. Placed it at the lower risk level of the confluence of MS1-1.7995 and psyche level-1.8000. Edit: Look at it go!Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008
Good trade EV! The ceiling of the triangle just broke.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008Ascending Triangle — Take look at these guys. A tweezer top at the ceiling of an ascending triangle.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008
.. Thanks! I try to observe chart formations coz they tell a story. Yes, I'm trading full time.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008Descending Triangle — Hi EV! Excellent explanation! Here's a nice little descending triangle breakout trade. Good thing I placed the TP at the previous low. It created a double bottom and then price retraced.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008your welcome! — Your welcome chowclown! I myself is only a student of forex. I come by this thread and others to share and learn. Feel free to do so too. I usually look at reversal candle patterns which indicates that the trend is going to ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008I entered @ 1.8017 (ask price), after price crossed the high of the second candle of the tweezer bottom. How about you chowclown? Where would you have entered?
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 19, 2008Fib trade followed by a confluence re-cross — Here's a good fib trade with a 76.4% retracement and an extension upto the confluence of psyche level-1.8050 and MS2-1.8041. Price reacted at the confluence then crossed back up which is another ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 18, 2008Break — Price just broke up above the TL!
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 18, 2008Excellent multiple candle blend visualization EV!

Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 18, 2008A possible descending triangle? — Could this be a descending triangle with the floor being the confluence of MR1-1.8209 and and psyche level-1.8200? What do you think EV?
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 18, 2008I'm with you on that. Wow! Look at it drop!
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 18, 2008Bought at 1.8218 as well. I'm out @ 1.8247. Good trade EV!
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 18, 2008strong resistance up ahead EV @ psyche level 1.8250
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Sep 18, 2008Crossed previous candle's high.
Psych Levels, Pivots, and Trendlines - Resurrected