GU flirting with the lows over the last month or so, current weeks W S1 there. Good place for a bounce but if it fails next target M S1.

Psych Levels, Pivots, and Trendlines - Resurrected

GU at the lower end of range for last month where its found support, W S1 could provide a good bounce. If it fails my next target would be M S1.

Indicators are Liars! Support and Resistance Trading for FX

6410 high point Y? What time do your charts start the day?

Psych Levels, Pivots, and Trendlines - Resurrected

And for what its worth the hour or so between the US 8.30 - 10 am news for me is more often that not pretty ugly and choppy (unless you're a news trader) but once the news is out of the way that couple of hours before London closes can be very nice. ...

Psych Levels, Pivots, and Trendlines - Resurrected

What I didn't say in first analysis post. Trade 2 was close to y's low and W M2. This area had already been broken in the move down to 6375. The push up from 6375 was on better vol and 6400 was rejected. The 2 candles that pushed back up from 6385 ...

Psych Levels, Pivots, and Trendlines - Resurrected

Could be stop hunting, reaction to eur news, or guys that got in yesterday buying 6440 (London session low) and exiting losing trades. The follow through will tell more.

Psych Levels, Pivots, and Trendlines - Resurrected

Sorry, first trade of day from Pre Frankies hour. On 1hr I had the last 2 candles where gu had turned, in addition to the resis levels shown this was a classic psych level 'Islander' trade. Trade 1. From 5 min chart we had high vol push up, then vol ...

Psych Levels, Pivots, and Trendlines - Resurrected

To start off a little chat, this is the 1hr set up that I use. Marked the two tops of hourly candles shown, the last 2 places where gu had turned. I got first sell today off peak from 1 min chart rejection, 6417. Also on gu I don't know how long you ...

Indicators are Liars! Support and Resistance Trading for FX

Any time before London session sounds good, whatevers convenient for you. looking forward to your posts.

Indicators are Liars! Support and Resistance Trading for FX

Sometimes but no not like gu does. EJ does like the prev days high/low and as mentioned the fibs based on y's range.

Psych Levels, Pivots, and Trendlines - Resurrected

I did 2, a small loss and a small profit.

Psych Levels, Pivots, and Trendlines - Resurrected

And just to prove a point, ej has D M3 and W M3 right on the same number but after a 70 odd pip fall I couldn't see any other reason on charts to put the brakes on and turn at 135.33.

Psych Levels, Pivots, and Trendlines - Resurrected

Posted 21 Aug, see the attachments to thread that has all of them listed. Look for both pivots and pivots multitime frame.

Psych Levels, Pivots, and Trendlines - Resurrected

Weekly + monthly pivots for gu, ej and eu .

Psych Levels, Pivots, and Trendlines - Resurrected

Sorry can't help on oil never traded it. Uses calender week/month.

Psych Levels, Pivots, and Trendlines - Resurrected

Just that the pivot indi has pivots (daah), t's open and prev days high/low, fibs on y's range all 'in one' indi. Both gu and ej love fibs based on y's range from my experience. Also as you can change the pivot start time it doesn't matter when your ...

Psych Levels, Pivots, and Trendlines - Resurrected

Each to his own but I find these pivots opening times to be pretty amazing and would recommend them to anyone. Have a look at the following charts, I hate to use the phrase 'to the pip' but heck this is pretty stunning so if the shoe fits ...

Psych Levels, Pivots, and Trendlines - Resurrected

Can't help but say this, I've been focusing heavily on trading trend and bounces from pivots, round numbers etc (all those lines on my charts). Now when I do in 4 days what I typically do in a month I'm prepared to take notice. It really took a ...

Psych Levels, Pivots, and Trendlines - Resurrected

Pivot and S1 showing as well as the start time I use, you can compare candles to see where your platform starts. Daily pivots from the pivots indi where you can adjust start times to these and weekly monthly from pivot multitime frame. This squashed ...

Psych Levels, Pivots, and Trendlines - Resurrected

EJ likes fibs so being counter trend if you had the fib level good target for a quickie.

Psych Levels, Pivots, and Trendlines - Resurrected