We got a buy in at 6285 on the close of the big engulfing (1min chart) candle. Exited just below 6300 when 4 hr upper TL held. PA a bit wierd for us from Y we are trading one third normal lots.

Psych Levels, Pivots, and Trendlines - Resurrected

After three D dojis finally an upday. 4hr TL held over Asian session. I understand COT shows big dogs long US $ positions falling from +34% to +18%.

Psych Levels, Pivots, and Trendlines - Resurrected

Mon and Tues were the best days for gu.

1 hr HAMA, 6 ema

Could be a very interesting day today. Will $10 billion help to Dubai World change $ strength. 3 D doji's in a row. It will be interesting to see where London takes us.

Psych Levels, Pivots, and Trendlines - Resurrected

On a clear upper TL on 4hr and W and M pivots. 15 min shows rsi divergence and vol increasing on the shooting star we sold move below and exited on 6275 holding for +33.

Psych Levels, Pivots, and Trendlines - Resurrected

We use pivots indi also attached above can add prev days high/low, some fibs of y's range and a few other bits.

Psych Levels, Pivots, and Trendlines - Resurrected

My D charts are for bigger pic and I only have TL's on. Just trying to look at candle closes and have an idea for target areas ie proven turn points etc. If around 50% of time pa will follow previous day thats good odds to start with. Ditto 4hr ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thks v much. Your comments on Asian session range are very interesting. I normally don't try and 'pick' a level to turn until theres been a substantial run, just been burned too many times in the past (although I was probably just a crap trader ...

Psych Levels, Pivots, and Trendlines - Resurrected

Could you give some insight as to why you had a buy order at this pivot when we have been moving down for some days and any concerted move would have seen this taken out. Combo of 1 hr lower TL/pivot/bottom of triangle? Whatever mate that was a ...

Psych Levels, Pivots, and Trendlines - Resurrected

15 min vol not quite playing along for a sell as yet and theres also 5 and 15 min rsi divergence also an issue. So no sells yet.

1 hr HAMA, 6 ema

Forgot to mention that we are in the middle of a large triangle seen clearly on 4hr and 1hr. I do have positive divergence on rsi for up on 15 and 5 min.

Psych Levels, Pivots, and Trendlines - Resurrected

D has another doji so I'm looking for sells with Y's low/W and M pivots the target, if that breaks the psych level shown on D chart 6130 will be important I think. Will have no problem in view of D doji if we move up.

Psych Levels, Pivots, and Trendlines - Resurrected

Looking for sells again.

1 hr HAMA, 6 ema

You could but because its D time frame you could wait a long time for a trade so you'd have to watch a lot of currencies. Then theres the question of stops, on a D timeframe they'd need to be massive. To reduce them you'd need some kind of shorter ...

1 hr HAMA, 6 ema

Great trading, very nice. No computer was off. I have family moving in with us for a while, was helping with the moving. I thought after that big move up it was probably done for a while until US session.

1 hr HAMA, 6 ema

Found it thanks, very interesting.

Psych Levels, Pivots, and Trendlines - Resurrected

I've also updated the first post remarks with perhaps the most important issue. Typical trades are 50-100 pips with a 15 pip stop. Success rate is high (trading with short term trend and using a higher low/lower high off 5 min for final ...

1 hr HAMA, 6 ema

With Brit prebudget whatever news in 30 mins I might be out for now. Can't help thinking that your TL set up needs a thread all of its own (yes I know you don't like too many threads to pay attention to). At least there you can keep updated with ...

Psych Levels, Pivots, and Trendlines - Resurrected

I've added the DeMark auto draw TL indi that I use onto 1st post.

1 hr HAMA, 6 ema

Hi Islander, one day one day when I'm big I'll swing both ways ( just re-read that one), for now I'll have to make do. If I had been interested in move up I'd have missed it was posting here url this is becoming increasingly our focus. Fewer ...

Psych Levels, Pivots, and Trendlines - Resurrected