SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Billytt Die happy trading e/j daily breakout
- #20,462
- Jul 24, 2017 7:37am Jul 24, 2017 7:37am
- Joined Apr 2013 | Status: Trader | 10,297 Posts
{quote} Hi Claudia......last time we spoke, I wasn't very nice to you, but I have grown up now (I hope)The way I am seeing GBPUSD, is that we may see a drop down to 1.29 area....and then up to (long term) 1.34. My concern is that you like to sell the GBP.....so....if I am right....you might like to get used to hitting the BUY button instead of the sell button for the next few days/week. Then again, I could be wrong. Apparently I am wrong on numerous occasions....according to my Wife.(and She would know) Good trading to you Claudia.
You maybe right it could go up but on that journey there will be opportunities to sell.
Good luck !
- #20,463
- Jul 24, 2017 8:00am Jul 24, 2017 8:00am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Man, that was like pulling teeth...
My choice, EJ, took its sweet time about it but eventually got the job done. Break North.
Before:
After:
I was also waiting on a potential bounce from UC but it never came and dropped through the low zone and out the floor instead. Playing with what you saw and not with what you wanted, would have bagged you the breakout trade with no effort at all. Hopefully Mr-T was in on the move.
EDIT: Here's that chart...
Before:
After:
My choice, EJ, took its sweet time about it but eventually got the job done. Break North.
Before:
After:
I was also waiting on a potential bounce from UC but it never came and dropped through the low zone and out the floor instead. Playing with what you saw and not with what you wanted, would have bagged you the breakout trade with no effort at all. Hopefully Mr-T was in on the move.
EDIT: Here's that chart...
Before:
After:
- #20,465
- Jul 24, 2017 10:04am Jul 24, 2017 10:04am
- AUDUSD DZ +19.2 pips (-9.1-8.5-4.0+10.2*4)
Shorted at DZ low. Countered at DZ mid. Closed the short and added a buy at DZ high. Closed all buys and added 4 sells at DZ low. Aimed for more than +5 based on S+D and fibs.
AUDUSD M5
- #20,466
- Jul 24, 2017 1:14pm Jul 24, 2017 1:14pm
- Joined Sep 2006 | Status: Trader | 10,702 Posts
Easy day. Finished. {image}
every Saint has a past. Every Sinner has a Future
- #20,468
- Jul 24, 2017 3:52pm Jul 24, 2017 3:52pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
The Dead Zone (naked) charts as they played out through the day...
EURJPY
USDCAD
AUDUSD
USDNOK
GBPNZD
EURJPY
USDCAD
AUDUSD
USDNOK
GBPNZD
- #20,469
- Jul 24, 2017 3:54pm Jul 24, 2017 3:54pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
AUDNZD
GBPUSD
CADJPY
NZDUSD
NZDJPY
GBPUSD
CADJPY
NZDUSD
NZDJPY
- #20,470
- Jul 24, 2017 3:56pm Jul 24, 2017 3:56pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
XAUUSD
USDJPY
GBPJPY
GER30
OILUSD
USDJPY
GBPJPY
GER30
OILUSD
- #20,473
- Jul 24, 2017 6:18pm Jul 24, 2017 6:18pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #20,474
- Jul 24, 2017 10:01pm Jul 24, 2017 10:01pm
- USDCAD WH +7.1 pips (-4.7+5.9*2)
I was late. I saw that price broke WH high, but retraced without reaching +5. Price was near the mid. I entered a buy. Closed the buy and added 2 sells at WH low. Aimed for +5. TP was reached.
USDCAD M5
- #20,476
- Jul 25, 2017 2:32am Jul 25, 2017 2:32am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
morning,, t 08-30
cable low broke earlier then retrace ??? how far ?,
18 range, chart shows adr of 80, 5 day is 80 and 20 day 90.
cable low broke earlier then retrace ??? how far ?,
18 range, chart shows adr of 80, 5 day is 80 and 20 day 90.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #20,477
- Jul 25, 2017 2:37am Jul 25, 2017 2:37am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #20,478
- Jul 25, 2017 2:37am Jul 25, 2017 2:37am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #20,479
- Jul 25, 2017 2:40am Jul 25, 2017 2:40am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #20,480
- Jul 25, 2017 2:41am Jul 25, 2017 2:41am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
G'day all.
Two up for me this morning, DAX and F40.
The DAX needs some clarification, as it did a little jink into a fake-out South before turning and flashing North. This should have meant a counter trade at the exit of the lower WZ for me, after the failed breakout, however I had absolutely zero intention of taking a short (continuation) off such a huge single-bar drop and instead hit it hard as it turned back inside. Mega payday on top of the +5% lock-in.
If I had taken the original break, I would obviously have still got the bag in the end. This kind of discretion, based on experience, just throws up how difficult it is to replicate such witchcraft in an EA.
Over at the F40, things were much more straight forward. Northbound WZ flight out of the Southern
Airspace.
I see that the AU looks like it has just fallen short on the break outside long and is now trying to make up its mind what to do next.
Two up for me this morning, DAX and F40.
The DAX needs some clarification, as it did a little jink into a fake-out South before turning and flashing North. This should have meant a counter trade at the exit of the lower WZ for me, after the failed breakout, however I had absolutely zero intention of taking a short (continuation) off such a huge single-bar drop and instead hit it hard as it turned back inside. Mega payday on top of the +5% lock-in.
If I had taken the original break, I would obviously have still got the bag in the end. This kind of discretion, based on experience, just throws up how difficult it is to replicate such witchcraft in an EA.
Over at the F40, things were much more straight forward. Northbound WZ flight out of the Southern
Airspace. I see that the AU looks like it has just fallen short on the break outside long and is now trying to make up its mind what to do next.