USD/JPY 5m again. I managed to get this one, after the other one that I missed. Price pulled back to the mid-point level to test for support, before carrying on upwards. Entry and exit as shown. Edit: I was a bit late posting this, but I had a ...

Psych Levels, Pivots, and Trendlines - Resurrected

USD/JPY 5m. This is a good set-up right on S1, with a falling wedge pattern. Note how price broke out right through a smack-on confluence of the S1 and the 13ema. A nice potential trade, which I unfortunately missed!

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, I understand. However, I never trade counter-trend. My point of view is that this forex thingy is quite complicated enough without making it even harder! Still, as I said before, each to his own. Better luck next time, brother!

Psych Levels, Pivots, and Trendlines - Resurrected

Only just seen this, mate. Been away from the computer. Nothing wrong with how you read the potential trade, but going by the MA, you seemed to be possibly trading a pull-back. Anyway, time will tell.

Psych Levels, Pivots, and Trendlines - Resurrected

Well done, snail. I personally wouldn't have entered into anything around there simply because the MA's were flat, and showing no signs of movement. However, each to his own, brother. You got a profit and that's what counts.

Psych Levels, Pivots, and Trendlines - Resurrected

Thank you, brother. Much appreciated.

Psych Levels, Pivots, and Trendlines - Resurrected

Nice work, mt2. Can you add some price labels for exit and entry points, mate? Makes it easier on the old eyes!!

Psych Levels, Pivots, and Trendlines - Resurrected

Hi mt2, and good to see you on here. Good trade as well. See you use the weekly pivot points as well. Is this a regular thing, or do you use them now and again? I hope you stick around, brother.

Psych Levels, Pivots, and Trendlines - Resurrected

Surprised to see you on, snail. Thought you were going to be away somewhere. Nice trade, though. Bet you're glad you came back!!

Psych Levels, Pivots, and Trendlines - Resurrected

Nice one, pg, and it's great to see you back on the thread!! How's the little one doing?

Psych Levels, Pivots, and Trendlines - Resurrected

Don't blame you, my friend. I couldn't take another trade as I had to go out and I've only just got back!! See you tomorrow perhaps, snail.

Psych Levels, Pivots, and Trendlines - Resurrected

15m EJ............... A nice little set-up of a doji forming right in the confluence of the 2 MA's and the mid-point pivot level. I really wasn't expecting the dramatic drop thereafter! Entry and exit as shown, but it seems as if the move downwards ...

Psych Levels, Pivots, and Trendlines - Resurrected

Yep, one of my favourite candlestick signals. How've you been doing today, snail?

Psych Levels, Pivots, and Trendlines - Resurrected

5m GU. I've been busy on other duties this morning, unfortunately, and only just got back to the screen. This is a "one that got away" , but I thought I'd post it, because it's a lovely set-up. In the blue ellipse there's a bearish engulfing ...

Psych Levels, Pivots, and Trendlines - Resurrected

You're right about fib pivots, mate. They do seem to be very effective. I think this is the longest trade I've ever had! Price is still consolidating along R1, so it's a wait and see scenario right now. Edit: Exited as price did finally drop below ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Snail. You're doing well today. I'm still in this one on 15m EJ. The retrace towards MR1, and then the fact that it didn't make it, decided me to get in on this one. Unusually for me, I'm still in it as price retraces to R1. If price starts ...

Psych Levels, Pivots, and Trendlines - Resurrected

Nice one, mate. I see that the box you drew is on the FPV line. On mine, the same box would have been on the MS1 line. I wonder, could you tell me what your settings are for this fib pivot indicator? I'm curious to know what your "local hours" and ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks for the info, snail. Logical, really!

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks for the info, brother. Each to their own. Personally, I would have been out at S1 and looking for another opportunity further on. Price has twice retraced back up, with quite a few higher lows showing. Doesn't look too promising at the ...

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, good morning, snail. (Not sure what time it is in your time zone!) The 15m EU trade you mention is a really nice one, with a lovely shooting star candle at the FPV showing the way!! Did you exit the trade at S1?

Psych Levels, Pivots, and Trendlines - Resurrected