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Attachments: Billytt Die happy trading e/j daily breakout
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Billytt Die happy trading e/j daily breakout

Gold currently accumulating on the 50line of the 8am bar......either way, ill be in long or short when it breaks!
Quoting Jp1
Gold currently accumulating on the 50line of the 8am bar......either way, ill be in long or short when it breaks!
nice one, thanks for the info
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting billytt
{quote} nice one, thanks for the info
took 9 on the break short.....looks like it might break long now

its already moved about 110pips today, with an atr of 170 ish.....so interesting to see if US reverses the asia move
Quoting claudia1
{quote} Lol - I'll let Mr T reply to that when he's around.
Naked Trading ?
I can hear Mrs T laughing now

( Dow coming up later)
every Saint has a past. Every Sinner has a Future
Quoting Jp1
{quote} took 9 on the break short.....looks like it might break long now its already moved about 110pips today, with an atr of 170 ish.....so interesting to see if US reverses the asia move
and reverse it they did! gotta love gold! Nice h and s on the m15, tied in with the break of the 8am bar north - pips galore! I closed at the weekly open, so left a lot on the table - doh!
Dead Zone for today. Short Bias only. Would have brought the +5 on the pure break South and double that if you had played it WZ (which I would have). Having said that that's what I would have done, I didn't actually trade it, lol. Just sayin'!

Dead Zone UC Short Only

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Dow for this afternoon -good to me today
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every Saint has a past. Every Sinner has a Future
DAX settling into a tight consolidation - going to be fun when that breaks, lol.
@Lem @Billy and others

If anyone want to try, here is the Mr.Green Bar Nothing new, just an engulfing outside bar, BUT only on m5 and m15. I noticed that this pattern is very reliable taking it blindly, so with the right contextualization it could be a pip-maker.

Now i will post 20 trade opportunities happened today on m5, i taked the first 10 pairs of the dashboard, so no cherry-picking. Give it a look also on your live sessions and let me know.

It would be interesting a dashboard monitoring m5 and m15 (gold, oil, dax, sp500 and natural gas too) that alerts you when this pattern occurs

Trade well
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Quoting MrGreen95
@Lem @Billy and others If anyone want to try, here is the Mr.Green Bar Nothing new, just an engulfing outside bar, BUT only on m5 and m15. I noticed that this pattern is very reliable taking it blindly, so with the right contextualization it could be a pip-maker. Now i will post 20 trade opportunities happened today on m5, i taked the first 10 pairs of the dashboard, so no cherry-picking. Give it a look also on your live sessions and let me know. It would be interesting a dashboard monitoring m5 and m15...
So what are you doing? Just bracketing them?

In the first chart I see four or five that you missed. All but one broke in one direction without coming back the other way as well at any time.

The one that broke both ends, interestingly didn't break until the second bar away, so is that a filter? Who knows...one example is no sample at all.

Something to play with in quiet moments anyway, cheers
Quoting lemercenaire
{quote} So what are you doing? Just bracketing them? In the first chart I see four or five that you missed. All but one broke in one direction without coming back the other way as well at any time. The one that broke both ends, interestingly didn't break until the second bar away, so is that a filter? Who knows...one example is no sample at all. Something to play with in quiet moments anyway, cheers

I'm watching them, yes.

The pattern for be valid must met this rule:

The second (bearish) candle, must break the high of the previous one and closing under the low

If the second candle of the pattern close inside the high/low of the previous candle, the "signal" isn't valid
2 valid examples here

First: high broke, close under the low

Second: low broke, close over the high/open
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Another nice one:

High broke, close under the low
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Quoting MrGreen95
{quote} I'm watching them, yes. The pattern for be valid must met this rule: The second (bearish) candle, must break the high of the previous one and closing under the low If the second candle of the pattern close inside the high/low of the previous candle, the "signal" isn't valid
Well yeah. If it didn't it wouldn't be an engulfing candle

The easiest way to put it, is that the candle on the left must be completely inside the High and Low of the one on the right.

So, ok, you get that. Order above, order below and take the first one?
Quoting lemercenaire
{quote} So what are you doing? Just bracketing them? In the first chart I see four or five that you missed. All but one broke in one direction without coming back the other way as well at any time. The one that broke both ends, interestingly didn't break until the second bar away, so is that a filter? Who knows...one example is no sample at all. Something to play with in quiet moments anyway, cheers

Here is the first screen, i just missed one valid setup: the blue one
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Quoting lemercenaire
{quote} Well yeah. If it didn't it wouldn't be an engulfing candle The easiest way to put it, is that the candle on the left must be completely inside the High and Low of the one on the right. So, ok, you get that. Order above, order below and take the first one?

No no i would trade it just in the direction of the second candle
Quoting MrGreen95
{quote} Here is the first screen, i just missed one valid setup: the blue one {image}
There's three others to the left of the blue one.
Quoting lemercenaire
{quote} There's three others to the left of the blue one.

Sorry Lem, but i don't see any setup as i " discovered " it

The second candle must close always over/under "something".

Could you kindly highlight it?
Quoting MrGreen95
{quote} No no i would trade it just in the direction of the second candle
You can generally look at an engulfing candle around a significant level, say S+D, pivot whatever, as a likely reversal.

In the absence of other influences and in the middle of what could be an established trend, it's considered a likely continuation signal.
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