15m GU.............. A dramatic drop from MR1 down through the MA zone and then the Main Pivot line. Bearish candles all the way. Entry and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

Nice trade, JP, and clear explanation as well!

Psych Levels, Pivots, and Trendlines - Resurrected

OK, JP, fair enough. Candlesticks and their different patterns do have their own names stemming from the Japanese language, and aren't difficult to learn. There's so many websites out there which will teach you all you need to know about all the ...

Psych Levels, Pivots, and Trendlines - Resurrected

JP, would you kindly tell me what a Mother Bar is? I see you also mention Inside Bars later on in your post. If you're going to use Bar terminology, then use Bar charts. It's very confusing for other traders when they see a ...

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, you've got it, JP! Nice trade.

Psych Levels, Pivots, and Trendlines - Resurrected

No problems there, JP, and thanks for the charts. May I ask if you can adjust your charts as follows? Click "properties" - Click "Common" - Tick "Show OHLC". That'll give us the info regarding your OHLC and Time Frame in the top left corner of your ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m UJ....... Working with Fib pivots here. After a quite dramatic fall, price then retraced up to S3 in the MA zone. A long-legged doji formed, indicating indecision, before resuming the move southwards. Entry and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

Sorry about the sudden stop to my last post. Got distracted and hit the wrong key! "Keep in mind that the area between MS1 and MR1 is viewed as the "chop" zone, and a lot of traders stay away from trading until price breaks out of said ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hello, JP. The main reason I have MAs is for trend direction. However, they do come in very useful as S/R points as well. As for guessing what a particular day will bring.............. All you can do is wait and see how things pan out. If your ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m EJ......... A shooting-star formed on the mid-point level, followed by a bearish candle that reached down to just short of the 13ema. There followed a long candle that reached past the high of the shooting-star after breaching the mid-point ...

Psych Levels, Pivots, and Trendlines - Resurrected

Sorry, here's the chart...................

Psych Levels, Pivots, and Trendlines - Resurrected

15m EU... A good pull-back to just short of the 13ema, with a spinning-top (blue rectangle) offering a potential continuance northwards. Entry and exit as indicated, and the exit area corresponds with yesterday's MS1 line.

Psych Levels, Pivots, and Trendlines - Resurrected

Hello Snail. Some nice trades and good charts, mate, but again, could you possibly zoom in a bit before posting? Also, do you have an indy for those Supply/Demand lines? Thanks, brother.

Psych Levels, Pivots, and Trendlines - Resurrected

paapi, it's what's known as a "spike", if memory serves. Stay away from them, my friend. Let the market settle down again and see what happens after.

Psych Levels, Pivots, and Trendlines - Resurrected

Of course!!!! Must be getting old. Thanks, paapi.

Psych Levels, Pivots, and Trendlines - Resurrected

Great minds think alike, paapi!! DCC?

Psych Levels, Pivots, and Trendlines - Resurrected

15m GU........ Just the break of a small TL led to this nice little trade. Didn't expect it to go down so far, and was getting ready to exit at MS1 for a few pips, when price started moving down again. A nice surprise!!

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, that's a lot better, paapi. Thank you.

Psych Levels, Pivots, and Trendlines - Resurrected

Hello again, paapi. Thank you for posting your charts, and it seems like you're already well-versed in what to look for! Just one request, paapi, if I may? When you're preparing your chart for posting, could you zoom in a little, ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi paapi, and thanks for your chart. I'm a big fan of Islander too, mate! He really knows his stuff. The symmetrical triangle is good, but the better indication is a bearish flag. If you take the triangle off, and replace it with the flag, you'll ...

Psych Levels, Pivots, and Trendlines - Resurrected