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fx1dr3r replied Nov 28, 2008Good day guys! — Looks like after the break upwards of the range, cable is meeting resistance at a visual resistance area - 1.5444 and support at just below CP at the xx00 level which was a resistance level earlier. That shooting star is hard ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 27, 2008Thanks EV! Nice to be back.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 27, 2008Hi Happy! Nice trades!
Made a trade similar to your first trade too but I was looking at it as a momentum towards a break upwards of an ascending triangle into the visual resistance area from yesterday.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 27, 2008Resistance becomes Support — After price retraced, it met support at the broken resistance area and formed a pin, a HSL and the 61.8% retracement. (confluence of fib and visual sr) Bought after price crossed above the pin. TP is at previous ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 27, 2008Good day guys! — Haven't visited this thread for a while. Here's trade that I just finished with. Bought after the break upwards of a small descending triangle. TP just below R1.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 18, 2008Gonna look forward to it. Goodluck! I had this trade in cable. After the initial breakout, cable retraced then met support at the broken ceiling of the ascending triangle. TP was hit just below the confluence of the visual resistance area and xx50 ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 18, 2008Ascending Triangle BO Trade — Here's a trade after the break upwards of an ascending triangle. The buy stop was hit above the ceiling. TP was below MR1. Bailed out when price hesitated at the xx20 psyche level near the previous swing high.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Resistance became support — Good day guys! Looks like yesterdays resistance area has become support today.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Singing off... — Last trades for the day. First trade is a buy after the break upwards of the symmetrical triangle, after crossing the previous swing high. TP hit just below the confluence of MR2 and 1.5000 psyche level. Afterwards price ...
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Symmetrical triangle — Looks like a symmetrical triangle is forming in cable.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008
.. I understand what you mean EV. That's why I use M15 to show me the larger picture since it sometimes shows clearer moves than M5. And it's good to know the potential SR levels to assess where a move may go. I'm currently looking at a possible ...Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008
.. excellent timing on the exit EV. There was a strong move down on the succeeding candle after your entry. And it seems to be moving up again.Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Looks like it might be breaking up now EV.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Falling Wedge — Looks like a falling wedge has been developing in cable.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Just got back at my screen — EV, it looks like cable has broken below the range with a series of LSHs.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Resistance — Looking at cable. It is currently on a confluence of a visual resistance area and the 1.4950 psyche level which also happens to be at Friday's high. Let's see if it will respect that area or break it.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Hi EV! — Hi EV! Hope you had a nice weekend. Good eye on the 123 pattern. It looks like EURUSD decided a bottom on that retracement when it formed a tweezer bottom.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Here's another trade. Cable made a HSL at the confluence of MS1 and psyche level-1.4700. Bought after the hammer candle. TP was placed and hit just below the confluence of CP and xx80 psyche level. Looks like a shooting star has been formed.
Psych Levels, Pivots, and Trendlines - Resurrected
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fx1dr3r replied Nov 17, 2008Continuing... — After cable met support at the visual support area. Bought after the bullish engulfing. TP was placed and hit just below the confluence of CP and the xx80 psyche level.
Psych Levels, Pivots, and Trendlines - Resurrected