Billytt Die happy trading e/j daily breakout

some one just pinged me regarding Cable trade,
i did say i wasn't trading it and it was slow moving and Fri....
well that would of been a bad day to trade the break out, it happens and that is probably why i left it.

the Cable 14-00 2 hour bar shows some interesting stats... so i am informed

re, last post. i just did a quick 12 month back test Cable looking at the 15-00 1 hour bar and it looks really promising....Trading off a shortish range and looking for +10+

My Lady may have to have an operation on her foot , it is making her very depressed.

AH Claudia, was thinking of what my margin would be for that size deal ,DOH that's why I would panick LOL have a Profitable week ALL....

Awww that sucks Billy. I'll pray for her a safe surgery and speedy recovery!

yes indeed Bo and thanks for your convern

Hopefully i am going to do some serious trading this week, and with that i am away

The trading week begins!

1. USDCAD WH +9.2 pips (-9.5+12.5+6.2)
   Shorted at WH low. Countered at WH mid (Countered a little bit late so entered at a slightly lower price). Closed the short and added a buy at WH high. Aimed for more than +5 based on S/R, thinking it would reach the round number (1.25500), and fibs. TP was reached.

USDCAD M5

Sorry to hear about your lady Mr B, hope all goes well.

Here we go again..........the typical "pre" HIN market correction. The news this time wasn't High Impact New (HIN)....yet it was 6 Medium Impact News (MIN) that caused the market to move. Now let's see how much the EUR moves during the London Open in 20 minutes. Also on a side note, I'm surprised that the EUR has moved down i'm assuming in anticipation of some bad results. The EUR has been strong for a while now.

Well that was fast. I think I made my 5 pips with AU in about 90 seconds. TY 04-00 AU Break!!!!

Edit: I took a chance on what billy said about it's ok sometimes to trade the retrace of a spike.....so I did and got 5 more pips!

Cable broke low and is in retrace. (original break not traded by me) I'm hoping for a counter trade so I can Compound my winnings. I will put in 2 trades. First trade will have TP of +5 with 2x lot size as OG trade........the 2nd trade will have same lot size as OG trade but will have a TP of around 30 pips or so. I could go for 50+ pips since the ADR high is around 1.30750 range but there is a R2 at 1.30556 so I will just go for modest range and set my TP just before the R2 line.

EDIT: With as weak as the USD is right now I can't imagine that price will have any problems/resistance reaching it's ADR high today.

morning all.
t 08-27
A/U High broke for +10.
E/J Low broke for +10
E/U Low did not break, don't forget i trade off mid price
Cable Low did not break, i trade off mid price.



edit, so far no trades by me,

I really need to learn this midprice stuff then. Cable broke low and it wasn't that close. I'm surprised.

E/U short on

'Morning, folks. Two plays for me this morning - my usual DAX and the ever-popular-around-this-part-of-town AU.

For the DAX, the range was pretty big and looking at the S+D around the action, I figured trading back inside may be safer than a break (certainly a break South). The call was good in the sense that for sure, the first move was hard back inside, however as it turns out, the break that eventually came would have worked out just fine. Fair enough.

DAX 06:00 - 08:00 (Done WZ North into body) +5%

5 min


H1



On the AU, as I expected the DAX-Monster to do its usual quick-as-lightning move, I set it up with a market order (not something I normally do at all) and just as well because, as BO says above, the whole thing took a move from the DAX play-book and was over-and-done in the blink of an eye.

AU 04:00 - 08:00


Great start to the week.

Cable, ADR lines on at 08-43 showing , at the moment the ADR High/Low, which can be adjusted

My F40 option would have been a walk-in-the-park also - but I have no ability to morph an extra pair of hands and this wasn't traded by me today. It was moving too erratically pre-break to chance setting up a market-order either.

F40 04:00 - 08:00

t 08-45 BINGO with E/U short, my Lady's 3rd compound just went in

edit, £400 for her but i did magic on it with the bad second trade last week