15m EU...... — This shows how price moved up after a period of consolidation along S1. The consolidation ended with a nice bullish engulfing pattern, and then price duly started moving up. I didn't trade this one, but I wish I had! As on the ...

Candlestick Trading

15m EJ...... — I use Pivot Points in my trading, and along with candlestick patterns, the combination has proved to be very effective. This is a good example of what I mean. Price pushed up above S1, and then there was a small retracement in ...

Candlestick Trading

Hi bumapatria.... There are some traders out there who regard candlesticks to be only effective on long TF's such as 4H, Daily and Weekly. Steve Nison, the candlestick guru who actually introduced Japanese candlesticks to the western world, says ...

Candlestick Trading

15m EJ....... — Morning, folks, and thanks for your charts, Chrissfx. This is just one example of what this thread is basically about. A simple push through S1, followed by a brief retracement and test for support, and then a lovely push ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Marv...... — What you saw was just part of an indicator that gave information about the daily range for whatever particular pair I was watching. I no longer use it, but if you have a look through the attachments at the top of the thread, ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m GU....... — Another one that went begging around the same time as the last one. A nice bullish wedge with a potential 20-odd pips. (Me and the computer have only been on nodding terms today, unfortunately!)

Psych Levels, Pivots, and Trendlines - Resurrected

.........and here's the chart (sorry about that!).

Psych Levels, Pivots, and Trendlines - Resurrected

15m EU...... — I missed this one due to having other things to take care of. The small horizontal white line shows a potential entry point, but I'd probably have waited for price to breach the Main Pivot Level. Edit: I'll bet Chrissfx cashed ...

Psych Levels, Pivots, and Trendlines - Resurrected

Nice set of TL's, Chriss, and a great trade. Spot on!!

Psych Levels, Pivots, and Trendlines - Resurrected

There's every possibility, mate, seeing as that's just under a mid-point level where price just failed to test for resistance earlier.

Psych Levels, Pivots, and Trendlines - Resurrected

15m EU....... — Morning, folks..... A nice TL break, with price rising to just below R1 and yielding around 20 pips or so.

Psych Levels, Pivots, and Trendlines - Resurrected

5m EJ..... — Check out this rising wedge on EJ. I didn't take it because it was sort of "between lines", so to speak. I prefer a break in the vicinity of a pivot line, although I guess the MA would have sufficed. Good for around 15 pips or so.

Psych Levels, Pivots, and Trendlines - Resurrected

We've been around a long time, mate. Welcome to you and chrissfx. Hope you stick around.

Psych Levels, Pivots, and Trendlines - Resurrected

Morning, V. Thanks for the advice. Hope all is well with you and yours. Am I correct in thinking that you've more time for the thread these days, as opposed to family business?

Psych Levels, Pivots, and Trendlines - Resurrected

The potential reversals that "nearly" tested S/R but didn't quite, a lot of the time end up with a nice move. Nice trade, brother.

Psych Levels, Pivots, and Trendlines - Resurrected

Another good one, pg. Given a bit of volatility, these flags, pennants, triangles etc., occur on a regular basis and are well worth looking out for, as they prove time and time again.

Psych Levels, Pivots, and Trendlines - Resurrected

Glad to hear all is well, mate. My very best to your good lady wife.

Psych Levels, Pivots, and Trendlines - Resurrected

Good one, pg. As someone who very rarely uses indicators like RSI, MACD etc., divergence isn't something I usually bother with. However, this was a nice spot, brother, and just wanted to say well done.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi pg. Nice to see you again, and hello to Vantage as well. Long time since I've heard from you. Hope you're keeping well, pg. God bless.

Psych Levels, Pivots, and Trendlines - Resurrected