Billytt Die happy trading e/j daily breakout

Not my day !

i cannot believe the Celtic start to season regarding goals scored.

Trade well all,,,

Never mind....better luck next time , Lol

Hi all. Monday comes round again. DAX does its thing. Sorted.

I was only interested in going long today, given the very large single-candle pre-Open move short. Worked just fine.

As it turns out, you'd have made the +5% on the short as well but there ya' go.

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


Detail

AU took a small fake-out, headed back inside but has now turned good again and the +5 has been made.

GU has definitely failed short. Taking it WZ back inside and you'd be free-and-clear on the reverse long.

F40 flew into profit quicker than you could blink.

Hi Flexo - For some reason I missed this, sorry. I am going to crash for a couple of hours but I'll get back to you later today on this one. Cheers, Bud.

lol can't get worse - and PSG won 6-2 !

Going nowhere in a hurry. Struggled at overnight high. Low range around 30 pts = around 34% of 20 day ADR. Has to break but which way ?

Guess it will be like this until Wednesday when Mario starts.

Edit: trying again.

Edit 2: lol it went mad. Now wait for NY and some selling.

Claudia, did u set any orders to sell if price had gone south...?

Been in my UFO for the DZ and the B*A*D Trade is going absolutely nowhere and I'll probably bin it for the day, picking it up tomorrow.

I'll drop details on these later.

That B*A*D Trade from earlier would have gone on to make the +5% if run as a short out of the upper WZ. If played 'straight', then it went nowhere. Still inside the range.

As mentioned earlier, I was playing in a galaxy far, far, away today and this meant that my Dead Zone was the US500. Reasoning here was the fact that I had been running the H4 all day and so the DZ's H1 was simply an extension of that.

Short entry looked at only.



There was a slight gap on the entry but nothing too major and it's something you get used to when dealing with these guys.

Elsewhere, I'd have said that your best options would have been AN and UNok, with GU and NJ setting up for good surfing later in the day. In fact, all things considered, i may even have said that OIL may have been the best, cleanest, bet of the day.

Anyway, here's how they all played out across the pairs...

EURJPY


USDCAD


AUDUSD


USDNOK


GBPNZD

AUDNZD


GBPUSD


CADJPY


NZDUSD


NZDJPY

XAUUSD


USDJPY


GBPJPY


GER30


OILUSD

Something to be leaving you with pleasant dreams...



RIP, E.F.

Hi Lem, when you have a moment can you help me out with this one? Cheers, Flexo

GU +5

Before:


After:

Well, got myself into some bother this morning!

DAX-Monster showed why you can never go in with anything less than full-body-armour and large calibre armament.

I was expecting a short and ready for it - or so I thought. Didn't get filled.

Fine if the move continues of course...today it didn't. Negative immediately and getting worse by the second.

Now...counter up next on the long break, right? Didn't get filled.

Becoming mildly annoying now ...

So now I'm sitting on major negative ground (down -8.6%), as although it's held in limbo, the bad fills have made the situation much worse. I'd never usually get anywhere near -8%.

Deep breath time and switch into recovery mode.

I'd been working on the m5 to get some detail on my entries obviously but this was time to get down and dirty, so the m1 it was.

So anyway, chipped away at that negative figure by scalping retraces like a man possessed, lol. Six sells later (in what seemed to take both a nano-second and forever all at the same time) and I'm up +5% (well, +4.9% but I'll take that).

There's no way I can scribble all the trade movements on one chart or whatever and keep it remotely readable, so I'll just post up the bare chart and you can use your imagination.

DAX 06:00 - 08:00 +5% (+4.9%)


Here's where all the action happened...

M1


Not in any way recommended and certainly not for the faint-of-heart (anyone of the faint-of-heart shouldn't be anywhere near the DAX, anyway, lol) but if one has to scalp, there's no better instrument to do it on than The Monster.

I'm now off to lie down in a darkened room for an hour or two .