Search found 7 matches

by eder_kb
Sun Mar 07, 2010 4:44 pm
Forum: TheRumpledOne
Topic: Horizontal psych lines
Replies: 15
Views: 11570
Gender: None specified

Thats a tiny chart, but look what you are trading into: 1st trade was selling after a fall in price and into a demand zone, the second looks like buying after a rise and into a supply zone, I cant see far enough left to be sure but it looks like the case based on PA. Can you see how price reacted i...
by eder_kb
Sun Mar 07, 2010 4:19 pm
Forum: TheRumpledOne
Topic: Horizontal psych lines
Replies: 15
Views: 11570
Gender: None specified

You are a YALE STUDENT! THE RAT ALWAYS TURNS LEFT. I trade the horizontal lines because doing so I cant think too much if I should trade or not. Price hits the line and I trade. The psych lines were here much before the rat way of just going one way and people were making money weren't they? I look...
by eder_kb
Sun Mar 07, 2010 4:01 am
Forum: TheRumpledOne
Topic: Horizontal psych lines
Replies: 15
Views: 11570
Gender: None specified

I trade both, green and red. Wherever the H1 goes. My problem is not price going the other way, my problem is price going up just to hit the line than coming back, than hitting the lower line than coming back to where it started. Well, maybe if I traded only one color I would have half my losses, bu...
by eder_kb
Thu Mar 04, 2010 9:19 am
Forum: TheRumpledOne
Topic: Horizontal psych lines
Replies: 15
Views: 11570
Gender: None specified

Ok, I got lots of good trades, 5 pips, 10 pips. But last two weeks I lost a lot. I lost 4 times in a row one day. Lost all my profit and some more just when I was almost recovering all my newbie losses. So, I think the asian session is having too little price action, but today I woke up at 5am and l...
by eder_kb
Mon Nov 30, 2009 1:41 am
Forum: TheRumpledOne
Topic: Horizontal psych lines
Replies: 15
Views: 11570
Gender: None specified

Got out too early tonight, if I waited a little more I could have gained much more. Well, got my 9 pips!!!! Daily goal is 10pips, nor bad for sure!!! :mrgreen:


by eder_kb
Fri Nov 27, 2009 11:06 pm
Forum: TheRumpledOne
Topic: Horizontal psych lines
Replies: 15
Views: 11570
Gender: None specified

I'm doing best with the EUR/JPY, I got a nice trade yesterday night during the asian. Got 80 pips!!! :) I was having mixed results the whole week, but yesterday paid it all. I think my exit will be when price starts to retrace, be it 4 pips or more, I think the best results come from when price shoo...
by eder_kb
Thu Nov 26, 2009 10:49 pm
Forum: TheRumpledOne
Topic: Horizontal psych lines
Replies: 15
Views: 11570
Gender: None specified

Horizontal psych lines

Is anyone still trading the psycho lines. I'm trying it but at the asian session, cause its when I get home after work. I'm getting mixed results, do you think the asian session has enough price action for this method? London open should be better but I would have to get up in the middle of the nigh...

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