15m EJ. Price retreated to the Midpoint line, where a spinning-top formed......a typical pause before price heads one way or the other. In this case, the next candle's high didn't reach the high of the spinning-top, instead pushing down through the ...

Psych Levels, Pivots, and Trendlines - Resurrected

Win some...lose some, mate. You haven't done so bad if it's the first loss in 8 days!

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Ian. Long time no see!! Thank you for putting biDc right on the price labels. I've been out all afternoon, otherwise I'd have done it myself. As for the thread, I have to admit that I'd love to see it get busy again, with lots of posts and charts ...

Psych Levels, Pivots, and Trendlines - Resurrected

I missed this one on cable earlier. A really good dragonfly doji (arrow) forming at the bottom of a retracement at the midpoint level, and in the MA zone. Likely entry and exits as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

biDc, patterns such as pennants, flags, wedges etc., are all fair game, mate. No problem there! Just a request, brother. Can you indicate your entry and exit points on your charts? That would make things a lot clearer!! Thanks, brother.

Psych Levels, Pivots, and Trendlines - Resurrected

Thank you, brother. Just trying to demonstrate how simple trading can be, as the originator, acumen, did.

Psych Levels, Pivots, and Trendlines - Resurrected

Another nice little trade, this time on the 5m EU. A bullish flag that finished on the confluence of the midpoint and the 13ema. Entry and exit as indicated.

Psych Levels, Pivots, and Trendlines - Resurrected

You're doing well, biDC!! I've just finished a small trade on 15m USD/JPY. Price pierced R1 and then a doji formed above it. Entry just above the high of the doji and exit as shown.

Psych Levels, Pivots, and Trendlines - Resurrected

Good one, biDc. I can see why you couldn't resist the confluences, and it seems your judgement was spot on!! By my reckoning, I guess you grabbed around 30 pips in profit? I brought it up on my charts, and there wasn't much difference, apart from ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi biDc, and welcome to the thread. Nice clear charts, mate.

Psych Levels, Pivots, and Trendlines - Resurrected

Hey, Dave, how's things? How's Mrs.V? The old "H L L H" thread is still rumbling along nicely and that's great to see, me old mate. I often wonder how all the other bods from acumen's thread are doing, but it's really good to see you, at least, are ...

Higher low, lower high system

15m EJ...... — After price hit S2, there was a short period of indecision, indicated by a spinning-top, a gravestone doji, and another spinning-top. This second spinning-top, however, opened and closed above S2, and entry was above the high of ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m AU..... — Just thought I'd show these 3 opportunities on AU. Number 1 shows a bearish engulfing pattern, that in actual fact, engulfed the previous four candles! This was right on the Main Pivot line and then price headed down to the next ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m GU and EJ....... — Two great moves, and both of them initiated by a humble little Harami candle right on a pivot line. Well worth watching out for!

Candlestick Trading

My pleasure. Best of luck.

Candlestick Trading

Hi piprac.... — Thank you for the compliments re the charts, brother. I'm a big fan of K.I.S.S. as you can see!! The Pivot indicator is FXI Pivots, and I got it from a thread on FF a long time ago. I like it because it preserves each day's ...

Candlestick Trading

15m EU....... — Once price had touched the mid-point level, the first touch was followed by a bearish engulfing candle. This was then followed by a BULLISH engulfing candle! The two small candles after that can be described as haramis, as both ...

Candlestick Trading

15m EU...... — Morning, chrissfx and anybody else passing by! This was a nice dragonfly doji forming across the Main Pivot line followed by a healthy confirmation candle, and price then climbing to the mid-point level. I missed this due to ...

Psych Levels, Pivots, and Trendlines - Resurrected

Morning, folks..... — 15m EU.......... A nice dragonfly doji forms across the Main Pivot line, followed by a confirmation candle. Potential entry and exit as shown. (I was busy with other things, so I missed this one!)

Candlestick Trading

15m EJ and EU...... — More examples. In the EU example, price formed a double-top on R2, followed by a nice bearish engulfing candle. In the EJ example, we see how price went above R1 before forming a bearish harami candle. Both good examples ...

Candlestick Trading