Hope you're in, nice clean wave down. I'm looking for 154.20 target now (1.618 extension). Who knows it may have the legs to set up again short later on.

Higher low, lower high system

ah, i see, thanks.

Psych Levels, Pivots, and Trendlines - Resurrected

You make it look easy, can't be ...can it What's SP?

Psych Levels, Pivots, and Trendlines - Resurrected

...could you tell me what prevented you entering 5 candles earlier? Would that have been valid?

Higher low, lower high system

Thanks. GU looks a more likely candidate for longs (to me).

Higher low, lower high system

EU? — Hi Vantage, What are your thoughts on EU atm? Last hour indecision, but previous hr bearish...shorts off the 5min still valid perhaps?...seems to be forming a head & shoulders (off 5min session so far).

Higher low, lower high system

Textbook, Fx1. Great when setups jump out like that. I only took 20 although with luck we'll be in and out all day.

Psych Levels, Pivots, and Trendlines - Resurrected

Good trading guys, nice momentum setting in for further climbs up the respective ladders....gotta luv it

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Mike, haven't seen you posting for a while, busy in the room(s)? Hope you're well and raking in the pips.

Psych Levels, Pivots, and Trendlines - Resurrected

Nice one! You've got a good eye. Is trading your main occupation?

Psych Levels, Pivots, and Trendlines - Resurrected

i'm relatively new to full-time trading and have only been profitable for a few months. On FX I'm trading just GU/EU/EJ atm (i'm also getting to grips with FDAX). 17 FX trades yesterday off the 5min setups between 10-50 pips...a busy day, as i ...

Psych Levels, Pivots, and Trendlines - Resurrected

...working a treat on 5min EU atm. Like you, i find jinks in and out for 20 pips or so work quite well on GU/EU off the 5min set-ups. Edit:...hopped off EU @ b/e thankfully.

Psych Levels, Pivots, and Trendlines - Resurrected

Many thanks for this, I needed something more solid to hang my fib hat on. I'll build it into my plan for a while to see if it works for me too. Thanks again. Kind of you to share this.

Psych Levels, Pivots, and Trendlines - Resurrected

I tend to enter on a break of the internal fibs (so 61.8 in this example), need to build more confidence before taking the earlier entries, especially on deeper retracements. I watch this thread all day picking up gems here and there. Thanks to you ...

Psych Levels, Pivots, and Trendlines - Resurrected

where would you have/did you enter on that retracement?

Psych Levels, Pivots, and Trendlines - Resurrected

Nice thread guys. I'm trading with similar tools (5min mainly) on DAX Futs, GU, EU & EJ. Thanks for sharing your charts. I'm watching EU and GU closely now for another stab north after their next pullbacks. EU in particular. EU might be a slightly ...

Psych Levels, Pivots, and Trendlines - Resurrected

...still waiting for a decent pullback on the 5min to get on board. Good luck if you're in. Edit:...hrly is cautioning me on longs here (especially as we're now at ADR levels). Will call it a week. It's beena good one, thankfully. All the best.

Psych Levels, Pivots, and Trendlines - Resurrected

...switching sides again now....might be tempted with a long soon.

Psych Levels, Pivots, and Trendlines - Resurrected

Good luck. Watch the spike in 15mins, unless you plan on exiting beforehand of course. Edit:...wouldn't be surprised to see the 1.382 extension (7677) tagged now and then a drop down.

Psych Levels, Pivots, and Trendlines - Resurrected