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eyevoltage replied May 25, 2015I don't think it can be done, Pix. Acumen has copyright on the title, I reckon!!
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 25, 2015Yep, nice trade. A nice engulfing candle just a couple of pips below the pivot on my chart. The MA provided a nice entry point as well. In my opinion, MA's should be added to the thread name!

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 25, 2015You're very welcome.

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 25, 2015I'm sorry about that, turnip. I've had another look at the chart and I see what you're on about.
Yes, I see the candle you refer to. You're right that it's a similar candle to the one that initiated my trade. Also, you're also right about ...Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 25, 2015Yep. Not bad for a bank holiday, eh?

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 25, 201515m.....EJ A bearish piercing candle right on the Pivot/S1 midpoint gave me the heads up. The next candle dropped through the 50sma and I was in. I was looking for an exit at the S1, but I think I got a little impatient!! Entry and exit as shown. ...
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 25, 2015Looks fine to me, Pix.

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 22, 2015If you're referring to the large pin candle and the green candle that follows it, then it classifies as a "sash" pattern. A harami is when the body of a candle is totally engulfed by the previous candle's body. Hope that makes sense, mate. Gotta go ...
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 22, 2015Might be my eyes, mate, but I can't see either! Is it the first triangle or the second triangle you're on about? By the way, I've only just realized that that consolidation area formed a bullish triangle pattern.
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 22, 2015Hi coastie. In my view, price was just consolidating where you entered your trade. It all looks very cramped in there, mate, and my point of view is that it probably would have been better to see if there was a breakout above R1, which actually ...
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 21, 2015Nice one, fxn. Gone a lot higher since. Missed this unfortunately, due to other duties.

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 21, 2015Welcome to the thread, apo. Did you read my message? By the way, keep an eye out for the various patterns that crop up from time to time, such as flags, triangles, wedges, double tops and bottoms etc. Opportunities galore!!

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 21, 2015Yes, that's accepted as a bullish engulfing pattern, mate. The only thing is, I'm pretty sure that it only counts as a B.E.P. at the bottom of a move, and not after the move up has started. By the way, there's no such thing as a "dumb question" on ...
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 20, 2015Thanks, mate. It's a 50sma. Used extensively as a guide to the trend. Under it, look for shorts. Above it, look for longs.

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 20, 201515m......AU. A combination of tweezers and an engulfing pattern forming just under the Pivot/S1 midpoint gave me this opportunity. Entry and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 20, 2015This is how I saw it, fxn....... A nice bearish wedge across the Pivot/S1 midpoint, with the engulfing candle leading to a breakout. Lots of promise, but in the end.......nada.

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 20, 2015Been there, done that, Coastie. Hope they recover soon.

Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 19, 201515m......EU Rising wedge across S2. Entry shown after the breakout. First target was S2/S3 midpoint, but price blew through it and I stayed in. Got out after it showed a hint of bullish intentions. Plus, I reckon I'd done pretty well as it stood. ...
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 19, 2015Basically, if a pattern sets up between pivots, then I would be reluctant to enter unless there's a fair amount of space to work with. When things are getting a little cramped, I stay out. However, when a flag, wedge, triangle etc., forms around any ...
Psych Levels, Pivots, and Trendlines - Resurrected
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eyevoltage replied May 19, 2015Correct. Swiftly edited!! Thanks, mate.

Psych Levels, Pivots, and Trendlines - Resurrected