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Vantage replied Nov 19, 2009No problem don't drop yourself in it.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 19, 2009OK see daily chart I posted above. A proven key area at 6700 and we only had a small bounce. That to me suggests more downside. 15 min vol. 3 shooting stars and we have a lower close on better vol but still a decent lower wick. Next candle higher ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 19, 2009Pretty much stuff all, GBP was awful so didn't trade spent most of the day away from computer missed some very nice EUR trades as posted above. Oh well, no problem theres more trades today but I do have to go out around 2 hrs from now so we'll see. ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 19, 2009EUR had up day pushing away from 4840 supp area. Fell during Asian session this morning finding supp around 50% fib from last move on 4 hr, its also same-ish area as 38% fib of y's range as per 1hr chart. We'll see what the day brings.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 19, 2009GBP may find support after a down day yesterday at the lower TL and 6700 previous res level.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 19, 20094hr has auto drawn DeMark trend lines. 5 min has smcscalper candles audible alert that often are around higher lows and lower highs, also a ma that changes colour up down mine set 8,3,6 which is a linear weighted ma. 1hr has an ema pick what you ...
Higher low, lower high system
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Vantage replied Nov 18, 2009GBP was basically a mess today and with MPC minutes I spent more time away from computer than at it
so I missed these nice hl trades.Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 18, 2009Coming into London session 4 hr had a nice pos close on M M3 at 4889 suggesting upside.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 18, 2009I really haven't been watching eur much lately, mainly focusing on gbp and failing that ej. Daily, eur broke lower tl but couldn't stay/close below 4840 that is becoming a line in the sand for downside. Upper TL/1.50 also important obviously.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 18, 2009Please post more of your pivot/supp res area trades here if you like.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 18, 2009My 1 hr with todays pivots and weekly monthly pivots in. 4hr last closed candle was solid pos close with little upper wick and sitting on lower TL. Looks like up still to me (despite the above doji on daily) so far but MPC minutes in 3 hours may be ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 18, 2009Daily closed yesterday with a doji suggesting a fall. I have put in 3 psych levels that have proven important. Not shown is fibs from 12 Nov low to high and 6742 is 38% and lower TL is just about 50% retrace. The high/double top will obviously be ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 17, 2009See his posts 10 Nov for set up and what he looks for. Great trade by the way Islander.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 17, 2009Bought 6835 after 5 min hammer but took out at BE. Will prob wait now till news for further trades, we'll see. Time for some tea!! PS No biscuits diets working well!!
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 17, 20091st trade of morning. A little late on entry after the hammer on 5 min, 6717, just exited when stalled at M R1. Perhaps early no doubt but hoping for retrace and a buy a little lower, we'll see. 1hr and 5 min attached.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 17, 20096800 (well 6797) is also 38% retrace of y's range. 4hr chart.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 17, 2009Daily TL did get hit and we are still above the res level of 6736. Next key area for me 7040 which goes back to 2005, I'm sure the big dogs will try to get there.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 16, 2009The area 6729 also seems to be base of inverted head and shoulders so if it breaks upwards suggests a 1000 pip move up!!!
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Nov 16, 2009With me having to download charts again and set up from scratch I forgot to put supp/res areas in
. Daily shows some key reasons for 6725-ish to be a tough area to crack in addition to the 4 hr TL.Psych Levels, Pivots, and Trendlines - Resurrected