Hi Eyevoltage, actually, my trade was by the 1. blue rectangle (by the first high). When we made the 2. (HH) high, I was confused (as always in such situations), if I have a valid setup and I passed it . May be in such cases I have to go to 15 ...

Psych Levels, Pivots, and Trendlines - Resurrected

Another setup. What do you think?

Psych Levels, Pivots, and Trendlines - Resurrected

My exit rules are - 100% or 62% extension depend of the position of the setup. During the trade I trail the stops depending diffrent setups. Is so clear? English language is not my mother-landuage and it is difficult for me to explain, sorry I ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thank you, but the exit was realy not good. It has to be on the 100% extension. I was out because I saw the GBP to tuch the low and to make there reversal candle. Actually, my big problem is to stick to my system's rules. I'm new in the intraday ...

Psych Levels, Pivots, and Trendlines - Resurrected

And one more (with the EUR): entry the bar with the arrow. There was not any action in 5-6 bars and I closed with very little (spread) loss.

Psych Levels, Pivots, and Trendlines - Resurrected

My next trade today: EUR was in range and then it make pullback to 34ema. Entry below the little Shutting star. Exit - 3880

Psych Levels, Pivots, and Trendlines - Resurrected

A little advice - let the divergences away. They are a very difficult trade-setup. It is better to concentrate on the idea of this thread - it is much easier. That is from personal expireance.

Psych Levels, Pivots, and Trendlines - Resurrected

Thank you, Islander, for your comment! Ref. the breakfats - I didn't expected to have so fats new trade after the first (sell at 1,7704) and have decided to take a little break - that is arong, I'm agree - I have to stay concentrated. Ref. the ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thank you very much! Yes, I forgott to drow the TL.

Psych Levels, Pivots, and Trendlines - Resurrected

Could you please give your opinion, if it was a good trade setup? Just theory.

Psych Levels, Pivots, and Trendlines - Resurrected

It was not, but why?

Psych Levels, Pivots, and Trendlines - Resurrected

Was that a good idea? I paased it because of my breakfast .

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, after this hammer - out . And the hammer was of the 62% extention.

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, that I meaned by the entry. The TL is only for orientation. Now we have a dobble bottom. Let's see what happens

Psych Levels, Pivots, and Trendlines - Resurrected

Unfortunatly I have break my stop-rules and now I am out

Psych Levels, Pivots, and Trendlines - Resurrected

I have seen somethink else.

Psych Levels, Pivots, and Trendlines - Resurrected

Yes, EUR have 300p, GBP - 400p and JPY - 300p. It is time for correction, may be, ofcourse

Higher low, lower high system

Thank you, Vantage and one more question - what is the second orange dotted line on your EUR chart? The fitsr is the open may be, but the second? Are these lines with the "Pivots"-indicator, or you make them? Because I don't have them.

Higher low, lower high system

Hallo Vantage , nice thread , thank you I was expecting "buy" acc. 1h-chart but GBP and EUR have make "sell". By EUR we have a lower close on 1h-chart. Would you try in this case to sell? Or you concentrate on JPY?

Higher low, lower high system

Hallo - I have a question: Is that a good 1-2-3 setup? The problem for me is, that the lows in point 2 are on one line - there is not a higher low.

1.2.3. break bacis