Yes, you mean a candle to confirm the bounce right?

Psych Levels, Pivots, and Trendlines - Resurrected

I entered right after the Bullish piercing pattern (tweezers), so I didn't spotted the TL at the time. To me it looked like a simple pullback. Do you think I was to quick on the trigger?

Psych Levels, Pivots, and Trendlines - Resurrected

Good Morning mates, UJ: Price retrace to the R1 triggering a nice bullish Piercing Pattern, I entered on next candle, and watch price almoust take me out, instead it formed a triangle and luckily it broke to the right side playing the odds correctly ...

Psych Levels, Pivots, and Trendlines - Resurrected

Good morning friends EU: Price pretty much in a trading range, enry at Pivot Point 50sma and psych confluence using harami as trigger, entry and exit marked.

Psych Levels, Pivots, and Trendlines - Resurrected

[quote=eyevoltage;8385613] hahaha that's an awesome answer, I tend to worry to much about R:R, but it seems that R:R is an "after the fact" thing. And I guess where to TP comes with experience, thanks EV. GU 15min: entered after Bearish engulfing + ...

Psych Levels, Pivots, and Trendlines - Resurrected

[quote=eyevoltage;8385536] This means you're usually aiming for bigger than 1:1 profit taking right?

Psych Levels, Pivots, and Trendlines - Resurrected

[quote=eyevoltage;8385451] Do you mean, once the trade hit a 1:1 RR you move to BE+ spread? Hope I got it right

Psych Levels, Pivots, and Trendlines - Resurrected

Good morning friends. Thanks for the hints mate, I tend to fight with myself for when to TP. Yesterday wasn't a good trading day for me overall, but that's ok, part of the game. EV, do you have any breakeven guidelines? Do you ever move a position ...

Psych Levels, Pivots, and Trendlines - Resurrected

Earlier I got burned in a EJ long position, well you can't win them all. Short after I entered this UJ long after break of R1. Still having trouble holding positions, seem like I ended up jumping ship way to early . Anyways, the trade was ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hello All, UJ: Triangle breakout, enter and exit as marked . Done for the day, still reading entire thread, lots of good quality information.

Psych Levels, Pivots, and Trendlines - Resurrected

Very nice trades mate, congrats!

Psych Levels, Pivots, and Trendlines - Resurrected

Since I'm a newbie in this thread I thought It would be interesting to post my results so far using this strategy, I know its a bit early but after one week following the guidelines the results are very very impressive. I took 9 trades during the ...

Psych Levels, Pivots, and Trendlines - Resurrected

UJ: BO retest of R2 and a harami as trigger, order triggered at break of harami's top, targeting next psych level .50, great scalp trade for a +12, daily target hit

Psych Levels, Pivots, and Trendlines - Resurrected

Aussie 61 Fib retracement at R1 rejection followed a DCC and bearish engulfing pattern acting as triggers, I entered on the following candle which proved to be a little early, anyways good enough to recover from previous loss and make some pips ...

Psych Levels, Pivots, and Trendlines - Resurrected

Good Morning guys, lots of action already....unfortunately I woke up a bit too late GU right now, anyone also watching this? Possible wedge bull flag, odds favor break north, but anything goes since prior uptrend isn't that strong IMHO. ...

Psych Levels, Pivots, and Trendlines - Resurrected

Well, I must say that for a long time I was one of those folks , and from time to time I still over complicate things. Seems like its human nature to associate trading with a complex procedure when in reality the more you can make your trading ...

Psych Levels, Pivots, and Trendlines - Resurrected

Good morning guys, UJ: Rejection on S2 and Bearish engulfing as trigger, was targeting S3 but bailed out at middle point for a 12+ I'm simple loving this method

Psych Levels, Pivots, and Trendlines - Resurrected

EU: Missed the first seat, awesome tweezer (micro double top), entered at the second strong bearish rejection of S1 for a quick scalp down to the .50 level.

Psych Levels, Pivots, and Trendlines - Resurrected

Wow, thanks coastie!

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks Guys, I'm going thru the old posts and performing some backtests and I notice the information presented is really informative and enjoyable . I wonder why acumen has disappeared, he stroke me like a decent character, anyone has his ...

Psych Levels, Pivots, and Trendlines - Resurrected