Well, if you were a big fan of Steve Nison, and you have lot of his books and DVDs, my friend, then you should be off to a flying start if you settle down and get some serious studying in. From what I've seen of books and videos regarding ...

Psych Levels, Pivots, and Trendlines - Resurrected

You've been doing well by trading from patterns such as flags, pennants, triangles etc. Additionally, if these patterns also occur in the vicinity of a pivot line, then everything's set up potentially for a successful trade. Not always, ...

Psych Levels, Pivots, and Trendlines - Resurrected

Nice trades, monocor. You've been busy! This is the 15m AU. A nice break-out from a falling (bullish) wedge. No mid-points today....pivots too close together.

Psych Levels, Pivots, and Trendlines - Resurrected

Nice use of hidden divergence, monocor. Good one!

Psych Levels, Pivots, and Trendlines - Resurrected

Great to hear from you again, Islander, and I'm pleased you're still in the thick of the action, regardless of what you're currently trading. As I'm sure you're well aware, this thread seems to stumble on through thick and thin, with new faces ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m EU..... Price retraced to the mid-point and formed a long-legged doji, followed by a spinning-top. A large bearish engulfing candle decided the trade. Entry and exit as shown. By the way, nice trade, Cold W.

Psych Levels, Pivots, and Trendlines - Resurrected

No, my friend. All I did was draw the TL and then wait to see if price would finally break MS1. It was a good result, taking into account that an opportunity like that arose just when I wasn't otherwise occupied for a change!

Psych Levels, Pivots, and Trendlines - Resurrected

15m GU...... A nice break below a TL that stretched from late Friday, and a good move down. Entry and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, computer working fine now.....almost like brand new!! A couple of nice opportunities there, mono. Well done!

Psych Levels, Pivots, and Trendlines - Resurrected

Morning, folks.... Been having computer problems, but OK now. Anybody see this opportunity earlier? An absolute beauty that I sadly missed.

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, always worth looking for, monocor. Just wondering.....what's the spread you're getting on that pair?

Psych Levels, Pivots, and Trendlines - Resurrected

The heading for this method is "Psych Levels, Pivots and Trend Lines". To be honest, I've never been comfortable trying to identify a potential trade with so many lines on the screen. I've found that some days, there's a nice spacing between pivot ...

Psych Levels, Pivots, and Trendlines - Resurrected

Nice trades, monocor. You really seem to like pin-pointing those patterns, mate! Keep on keepin' on!!

Psych Levels, Pivots, and Trendlines - Resurrected

..................and here's the chart. Ooooops!!

Psych Levels, Pivots, and Trendlines - Resurrected

15m GU....... Sometimes, it's good to clear the pivots and just trade off the psych-lines. This example shows some consolidation along the xx50 line, before price heads northwards. The main reason I exited where I did was that when price shoots up ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m nzd/usd...... Flag pattern descending to MS1, followed by a breakout and a fairly slow move upwards. Entry and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

Good to see your contributions, chrissfx. I feel the same way about this thread, mate. Just keep 'em coming!

Psych Levels, Pivots, and Trendlines - Resurrected

Nice one, pg. A very long bearish flag, but it was those upper shadows that gave the game away!! Spot one, mate.

Psych Levels, Pivots, and Trendlines - Resurrected

15m eur/usd..... Price retreated from MR2 to R1, and halted right on the 8ema, where a bullish piercing pattern developed. Price then resumed its northern move.

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks very much. The best thing about this (acumen's) system is that it's so adaptable. Looking back down the years, we've had so many traders on here, all doing their own thing, but still sticking to the basics. Fascinating stuff! Hope you stick ...

Psych Levels, Pivots, and Trendlines - Resurrected