Billytt Die happy trading e/j daily breakout | Page 1182 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #23,621
  • Dec 14, 2017 8:50am Dec 14, 2017 8:50am
Quoting lemercenaire
Wanna's a happy chappy - and the option to bounce was as clear as day... {image} Gave multiple entry opportunities... {image}
the news slipped my entry like 10 pips though - so I had to finesse with my bank roll to fix ... I ended up getting super paid for little risk
  • #23,622
  • Dec 14, 2017 8:51am Dec 14, 2017 8:51am
Quoting wannalearn12
{quote} the news slipped my entry like 10 pips though - so I had to finesse with my bank roll to fix ... I ended up getting super paid for little risk
Indeed. That's why I like the S+D Zone entry, as it gives multiple chances to add in to the position (usually).
  • #23,623
  • Dec 14, 2017 9:02am Dec 14, 2017 9:02am
Quoting lemercenaire
{quote} Indeed. That's why I like the S+D Zone entry, as it gives multiple chances to add in to the position (usually).
I was using the daily pivot - right around your zone
  • #23,624
  • Dec 14, 2017 10:08am Dec 14, 2017 10:08am
Quoting billytt
{quote} Cable got to 13450 and went through it, The bias was then long and went to plan. I did not trade it as i had already banked my shekels. Maybe 13469 will be the days High, if so we can chase the Low using either 13427 or 13407, maybe the former .. It is all what if at the moment. Lets see
well it did, lol... stats good again...AND i didn't trade it, no need to.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,625
  • Dec 14, 2017 11:59am Dec 14, 2017 11:59am
Attached Image (click to enlarge)
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  • #23,626
  • Dec 14, 2017 12:03pm Dec 14, 2017 12:03pm
Quoting claudia1
{image}
Nice trade Claudia!
  • #23,627
  • Dec 14, 2017 12:06pm Dec 14, 2017 12:06pm
Quoting bojack34
{quote} Nice trade Claudia!
Some times you get lucky.
  • #23,628
  • Dec 14, 2017 12:14pm Dec 14, 2017 12:14pm
Quoting claudia1
{quote} Some times you get lucky.
here we go again.....the "lucky" thing again. I remember hearing somewhere that after the 10000th time it's not luck. Call me crazy....
  • #23,629
  • Dec 14, 2017 12:29pm Dec 14, 2017 12:29pm
Quoting claudia1
{image}
I hope you let a portion of your trade run........

Attached Image (click to enlarge)
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  • #23,630
  • Dec 14, 2017 2:13pm Dec 14, 2017 2:13pm
Quoting claudia1
{image}
Nice one, Claudia. I got about half of it on an earlier TS 1-2-3. Closed out when price hit a Demand Zone. I could have hung around and re-entered on the rebound but I had to head out. C'est la vie.

EDIT: On the Weekly, it's actually still in something of a range (8-weeks).
  • #23,631
  • Dec 15, 2017 12:41am Dec 15, 2017 12:41am
Quoting slowbrain
{quote} compound is my favorite ..... especially after 2 consecutive fail day
Hi SB,,, when i used to compound, i actually doubled up 100%.
This is not for the weak hearted. It is frightening lol.
Now, i will take an extra % or 2 and maybe do a retrace trade.
With this extra i will use it to offset any loss.
I AM ALWAYS SAYING THIS.!!!!
we have a saying. ,,YOU HAVE TO SPECULATE TO ACCUMULATE.

Look at the casinos? they give out free alcohol and even hotel rooms.
Big stores have loss leaders,, ie they sell some items at a loss (essentials) to get you in the shop TO BUY OTHER THINGS.
I do it with Forex and it pays. Yaaaaaaaaaaay.

SB, this post is not aimed at you, it is for everyone (lurkers).
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,632
  • Dec 15, 2017 12:45am Dec 15, 2017 12:45am
Quoting claudia1
{image}
yaaaaaaaaaaaay, AWESOME, came off an inside bar lol..(((joking))) but it did,
i
That was a proper drop.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,633
  • Dec 15, 2017 1:20am Dec 15, 2017 1:20am
Morning Billy and all the Motley Crew. Friday round again.

DAX v1...nah...On the m1, price was stuck between two S+D Micro-Zones, which with the pre-Open double-sized spread taken into account, left no room for a comfortable trade. Could probably have picked up a percent or two but meh...left it alone.

Back in a bit for v2.
  • #23,634
  • Dec 15, 2017 1:27am Dec 15, 2017 1:27am
Cable, i meant to say.
We have several inside bars on the 4 hour...
I was going to say , it suggests movement up.
But i will just wait for trigger off 08-00 15 minute bar...
i still prefer down lol....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,635
  • Dec 15, 2017 1:29am Dec 15, 2017 1:29am
Quoting lemercenaire
Morning Billy and all the Motley Crew. Friday round again. DAX v1...nah...On the m1, price was stuck between two S+D Micro-Zones, which with the pre-Open double-sized spread taken into account, left no room for a comfortable trade. Could probably have picked up a percent or two but meh...left it alone. Back in a bit for v2.
and morning to you bud.
Someone was telling me that trading Dax off the 2 hour bar is quite good.
not sure if that is Frankie or UK open.
Never got around to ask lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,636
  • Dec 15, 2017 2:34am Dec 15, 2017 2:34am
Quoting billytt
{quote} and morning to you bud. Someone was telling me that trading Dax off the 2 hour bar is quite good. not sure if that is Frankie or UK open. Never got around to ask lol.
Hi Billy. Yep, as far as I've seen so far, the 2 hr block is extremely good. A money-machine, in fact. So much bang for your buck.
  • #23,637
  • Dec 15, 2017 2:53am Dec 15, 2017 2:53am
Quoting lemercenaire
{quote} Hi Billy. Yep, as far as I've seen so far, the 2 hr block is extremely good. A money-machine, in fact. So much bang for your buck.
Save me from this boredom
  • #23,638
  • Dec 15, 2017 3:00am Dec 15, 2017 3:00am
Right, nothing straightforward today. Here's the set-up candle...
Attached Image (click to enlarge)
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You can see that the Schaff is giving a solid short bias but that doesn't tie in to the WZ method for the entry, which only takes the trade as price enters the wick-zones, not as it leaves.

As a result, I decided to wing it once more and nab what I could.

Dropped to the m1 and hey-ho, got the set-up I was looking for. Took it on the drop out of the Supply Zone. Lovely percents.
Attached Image (click to enlarge)
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Not the way I like to do it as such, going against the WZ methodology but hey, it's Friday and on Fridays, anything goes.
  • #23,639
  • Dec 15, 2017 3:04am Dec 15, 2017 3:04am
Quoting lemercenaire
Right, nothing straightforward today. Here's the set-up candle... {image} You can see that the Schaff is giving a solid short bias but that doesn't tie in to the WZ method for the entry, which only takes the trade as price enters the wick-zones, not as it leaves. As a result, I decided to wing it once more and nab what I could. Dropped to the m1 and hey-ho, got the set-up I was looking for. Took it on the drop out of the Supply Zone. Lovely percents. {image} Not the way I like to do it as such, going against the WZ methodology but hey, it's Friday...
I shorted EJ on the drop out of the zone from 14- was looking for .00 it got to 3 - just short of .00 and turned around and hit my BE +1. Oh well. Should have taken those potatos
  • #23,640
  • Dec 15, 2017 3:09am Dec 15, 2017 3:09am
Here's what it did...

As you can see, The Schaff got it spot on.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX-15thDec17-WhatItDid.png Size: 22 KB


However, what it eventually did, shows the value of the S+D Zones - or in today's case, the lack of S+D Zones. When you get a chart with no zones near price, then you can bank on a lack of a solid one-way direction. It'll still go somewhere - as The DAX always does - but you better be ready to get in and out even quicker than usual.
Attached Image (click to enlarge)
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