You had me a bit puzzled there, mate, before I realized you were on about USD/JPY!! It was the "EU" in the title that threw me! You little rascal, you!

Psych Levels, Pivots, and Trendlines - Resurrected

Four, usually. GU, EU, EJ and I sort of switch back and forth between AUD/USD and USD/JPY.

Psych Levels, Pivots, and Trendlines - Resurrected

Spot on, V! Hope you and the missus are keeping well?

Psych Levels, Pivots, and Trendlines - Resurrected

15 EJ again..... — A follow on from the previous chart...... A shooting-star and a dragonfly doji right on S2 (yellow circle), before price drops to the mid-point level. Could have netted around 30 pips or so.

Psych Levels, Pivots, and Trendlines - Resurrected

You're very welcome, brother.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi capstone..... — It's a 50ema, mate. The pivot indicator is "FXI Pivots" and is available from the list of attachments where the paper-clip symbol is, above the first post of the page. Edit: Oh, if you like to have mid-levels you'll need ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Barry..... — Thanks for the reply to my post, brother, and nice to be in touch again. Sorry about your computer.......bloody frustrating when one's trying to trade great set-ups!! I guess I started posting again because, to be honest, ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi folks............... — Been a while since I posted on this thread, but there still seems to be some interest in this worthwhile method. I'm not surprised, seeing as it's a very simple approach to trading! The chart I'm posting is the 15m ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m Cable... — In this one, price retraced to S2, where a dragonfly doji indicated indecision. Price then resumed its downward path towards MS2. It didn't give any indication of being a strong move, so I bailed out as indicated before it ...

Psych Levels, Pivots, and Trendlines - Resurrected

15m EU..... — This is another one that I missed due to other commitments. A bullish piercing pattern (blue rectangle) formed between the Main Pivot line and MR1, and entry would have been just above the MR1, as indicated. My choice of exit is ...

Psych Levels, Pivots, and Trendlines - Resurrected

You saw more than me, 007. I never even considered the double top! As you say, more than one way to skin a cat! That's what's so good about this business.

Psych Levels, Pivots, and Trendlines - Resurrected

15m EU..... — Another EU 15m trade, but I managed this one! After the hammer-type retrace candle on R1, price continued down and entry was just under the low of said hammer. Exit around the quarterly-point, which isn't marked on this chart.

Psych Levels, Pivots, and Trendlines - Resurrected

15m EU..... — Morning, folks. Missed this one earlier. A nice spinning-top formed right on MR1 after a short period of consolidation. I've indicated where I would have entered (after the break of R1) and exited. A more aggressive entry, of ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks, F007..........waiting for the best potential set-ups is always the best way to go!

Psych Levels, Pivots, and Trendlines - Resurrected

5m EU..... — This one kind of took me by surprise. I noted the spinning top and doji side by side just above the quarterly-point, and waited to see whether or not price would start rising. When it dropped through the quarterly-point, I entered ...

Psych Levels, Pivots, and Trendlines - Resurrected

5m Cable..... — This stemmed from an evening-star type doji candle just above the quarterly-point. Entry as price crossed the quarterly point and exit after the drop just under the Main pivot line.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Pete..... — I wouldn't have taken those flags, Pete. Some might have, but to me, price had already peaked and was on its way down. Number 4 crossed down over the psych-line, but then price tested for resistance and was rejected. It tested ...

Psych Levels, Pivots, and Trendlines - Resurrected

5m EU..... — Potential breakout from a falling wedge. TWT.

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, a major confluence, brother. Just weighed it up on my chart and price continued down and hit the quarterly-point right to the pip at 1.3126. However, I understand why you bailed. Was that a symmetrical triangle you traded the breakout from?

Psych Levels, Pivots, and Trendlines - Resurrected

Nice trade, Pete, with good use of the TL and MA.

Psych Levels, Pivots, and Trendlines - Resurrected