Attachments: Billytt Die happy trading e/j daily breakout

Billytt Die happy trading e/j daily breakout

#20,981
Aug 8, 2017 3:50am Aug 8, 2017 3:50am

billytt
Joined Feb 2009 | Status: Trader | 25,867 Posts

Quoting bojack34

Disliked

I passed out and woke up to Cable breaking the Low Trigger and in currently in a retrace. I'm hoping for a fail so I can trade the opposite trigger. Considering the range is only at 21 so far, I will shoot for a few extra pips then I normally would.

Ignored

yes indeed, Cable broke low then retrace, nothing stopping entering a short on the retrace? OR just do a main trade to lessen risk..

SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.

#20,982
Aug 8, 2017 3:52am Aug 8, 2017 3:52am

Flexo
| Joined Jun 2016 | Status: Trader | 38 Posts

[quote=billytt;10165816]

Quoting Flexo

Disliked

Just catching up. Great input from you all, thanks! The last few weeks, before I arrived here, I have actually been going over a lot of data for another range break idea. I can see that for instance cable has a great success rate like you have, Also,,, i look for 5% per day normally off 1 trade... quite often i make more than 5% .. All this extra goes to off set a loss. Some people say this is still a loss and maybe they have a point, but as long as i have an extra 25% of bank at end of week/ i dont care. lol

Ignored

Thanks for adding this, all info helps. Will put it in my notes

#20,983
Aug 8, 2017 3:53am Aug 8, 2017 3:53am

bojack34
Joined Mar 2017 | Status: Trader | 2,054 Posts

Quoting billytt

Disliked

{quote} yes indeed, Cable broke low then retrace, nothing stopping entering a short on the retrace? OR just do a main trade to lessen risk..

Ignored

I guess there is always that chance Cable decides to just sit there again today and we end up with a IB for tomorrow. There is some Crude Oil Inventory news tomorrow that should help it move if we do happen to get that IB tomorrow.

#20,984
Aug 8, 2017 5:38am Aug 8, 2017 5:38am

billytt
Joined Feb 2009 | Status: Trader | 25,867 Posts

Quoting bojack34

Disliked

{quote} I guess there is always that chance Cable decides to just sit there again today and we end up with a IB for tomorrow. There is some Crude Oil Inventory news tomorrow that should help it move if we do happen to get that IB tomorrow.

Ignored

we had movement down after retrace (Cable) +10/15 could of been made, all depended on the entry

SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.

#20,985
Aug 8, 2017 6:46am Aug 8, 2017 6:46am

swingtrade65
Joined Oct 2007 | Status: Thanking GOD for today | 1,108 Posts

Another one Lem...nice and easy for early morning NY time

Inserted Video

Plan, Prepare, Execute, Repeat

#20,986
Aug 8, 2017 7:01am Aug 8, 2017 7:01am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Been running two massive plays on the DAX and F40 all morning (details over in TS' 1-2-3 thread), a couple of big, big, moves and a multitude of scalp guerrilla attacks (on F40 specifically) and they've just cleared the decks just now.

However, that doesn't leave me much time (or indeed any at all) to run my eye over The Dead Zone. I'm going to go have a look but it may be a missed day today.

#20,987
Aug 8, 2017 7:12am Aug 8, 2017 7:12am

bojack34
Joined Mar 2017 | Status: Trader | 2,054 Posts

Quoting lemercenaire

Disliked

Been running two massive plays on the DAX and F40 all morning (details over in TS' 1-2-3 thread), a couple of big, big, moves and a multitude of scalp guerrilla attacks (on F40 specifically) and they've just cleared the decks just now. However, that doesn't leave me much time (or indeed any at all) to run my eye over The Dead Zone. I'm going to go have a look but it may be a missed day today.

Ignored

Take a peek at EJ

#20,988
Aug 8, 2017 7:18am Aug 8, 2017 7:18am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

OK - Here's what I got. These have all left the station to a certain extent already as noted above but if I get a chance to jump on board a retrace or onto one of the late-move players, I will. Or I won't...we'll see.

EJ long...AN short...DAX long...Gold short...GJ long.

Other possible late entry players are AU short on way back down...UNok long on way back up...NU short on way back down and finally OIL short (you guessed it) on way back down.

The S&P I run ''over there'' is also a candidate for a long move.

Back later. For today's B*A*D trade, if nothing else.

#20,989
Aug 8, 2017 7:32am Aug 8, 2017 7:32am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

I hate jumping on late, so I decided to leave The Dead Zone alone today (unless one of the latecomers does anything). I was tempted by EJ as it was so in my face and just take a couple of percent but hey...I didn't.

Instead, I ran with another 1-2-3, this time on the US30 (the 500 gapped majourly and I missed that one).

That'll be me till 15:00 GU now. Lunchtime. Catch y'all later.

#20,990
Aug 8, 2017 7:39am Aug 8, 2017 7:39am

billytt
Joined Feb 2009 | Status: Trader | 25,867 Posts

Cable dropped and every thing went ok,
i cannot get onto my trade account as it was hacked into (or attempt)

SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.

#20,991
Aug 8, 2017 7:44am Aug 8, 2017 7:44am

bojack34
Joined Mar 2017 | Status: Trader | 2,054 Posts

Quoting billytt

Disliked

Cable dropped and every thing went ok, i cannot get onto my trade account as it was hacked into (or attempt)

Ignored

#20,992
Aug 8, 2017 8:44am Aug 8, 2017 8:44am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Quoting billytt

Disliked

Cable dropped and every thing went ok, i cannot get onto my trade account as it was hacked into (or attempt)

Ignored

Whoa - that's no good. Sorry to hear that, Billy. Hope no damage done by the scumbags involved.

#20,993
Aug 8, 2017 8:52am Aug 8, 2017 8:52am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Just checked back to see how The DZ played out so far. All good (but one) as it turns out, so can't complain - other than the fact that I wasn't on any of them but that's on me, not The DZ, lol.

Here's what I am looking at as of 5 mins ago for the pairs on my watch-list above.

EURJPY Got the long.

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AUDNZD Short bagged on the first move.

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G30 (DAX) Long ok (though not by much in this instance).

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GOLD Short sweet and easy.

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GBPJPY No good on the waited-for long. A small blip north before a continued drop. In my haste to run through the charts, I missed the Turncoat Zone above, which would have tempered my decision to call any long at that time. My bad. There is, however, a possibility of a bounce back through in the next hour or so.

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#20,994
Aug 8, 2017 9:01am Aug 8, 2017 9:01am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Of the later movers, all came good...

AUDUSD Good on the way back down.

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USDNok Nice bounce for a good move on the way back up.

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NZDUSD Biggest move on the day, with a major rebound and drop.

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OILUSD Another catch on a drop following the rebound.

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Finally, my Wild-Card, the US500, which gave the up move we were looking for before a drop (and has since bounced into a second entry for those of the surfing persuasion).

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#20,995
Edited 9:51am Aug 8, 2017 9:19am | Edited 9:51am

claudia1
Joined Apr 2013 | Status: Trader | 10,297 Posts

Easy day - did this guy ever smile ?

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Edit: re-posting chart and I did get out way before the drop but wow.

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#20,996
Aug 8, 2017 9:37am Aug 8, 2017 9:37am

bojack34
Joined Mar 2017 | Status: Trader | 2,054 Posts

Best retrace trade of the year for me...hahah. I jumped in on a retrace trade pretty high up into the zone close to the opposite trigger with the willingness to enter a counter trade. Price went back down and just kept going, so I kept moving my SL along with price. So far..........i have locked in 75 pips and I have a TP target set at 100 pips. I will continue to lock in pips along the way if possible.

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#20,997
Aug 8, 2017 10:37am Aug 8, 2017 10:37am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

B*A*D trade (WZ back into body) +5%

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The range was pretty big but the fact that it was a 1-2-3 and sitting in a Demand Zone lent a bit of weight to the decision. All good.

#20,998
Aug 8, 2017 10:42am Aug 8, 2017 10:42am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Quoting bojack34

Disliked

Best retrace trade of the year for me...hahah. I jumped in on a retrace trade pretty high up into the zone close to the opposite trigger with the willingness to enter a counter trade. Price went back down and just kept going, so I kept moving my SL along with price. So far..........i have locked in 75 pips and I have a TP target set at 100 pips. I will continue to lock in pips along the way if possible. {image}

Ignored

Nicely done, BO! He's got his big-boy pants on now

...

Not to be a cheeky bar-steward but I assume you are now taking into account the post above - that we have just gone through the period of Billy's Afternoon Delight c/w a 1-2-3 in the opposite direction c/w that zone.

Great stuff, buddy.

#20,999
Aug 8, 2017 4:24pm Aug 8, 2017 4:24pm