Billytt Die happy trading e/j daily breakout | Page 1189 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #23,761
  • Dec 19, 2017 8:38am Dec 19, 2017 8:38am
Strong $ & FTSE looking to touch all time highs at year end - only means one thing for cable. 3000 here we come.
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  • #23,762
  • Dec 19, 2017 8:54am Dec 19, 2017 8:54am
One for Lem. Tight range with a bit of a break upside. Down running into the weekend ?
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  • #23,763
  • Dec 19, 2017 10:19am Dec 19, 2017 10:19am
Quoting claudia1
Strong $ & FTSE looking to touch all time highs at year end - only means one thing for cable. 3000 here we come. {image}
Look at cable on 4h target obvious. Might be wrong !
  • #23,764
  • Dec 19, 2017 10:26am Dec 19, 2017 10:26am
DAX...Dead Zone...



Still runnin'...Details to follow later.
  • #23,765
  • Dec 19, 2017 12:47pm Dec 19, 2017 12:47pm
Quoting lemercenaire
DAX...Dead Zone... ...
Well, first off, I have to thank my friend who asked me some questions about The Dead Zone. This made me feel so guilty about letting the method slip lately that I had a look at how it was sitting today. Of course, as my favourite squeeze (after Claudia, of course ) I had to run The DAX on it. The rest, as they say, is ''hishtoway, Mish Moneypenny...''

Having said all that, it wasn't really a simple Dead Zone, as the set-up wasn't initially very inspiring and so, as is my way now, I looked for additional weight in the form of S+D Zones. As a result, I at least had a feel that if any move was going to come, it was going to come as a short. I didn't at any time imagine that it was going to come quite so strongly, however!

Dead Zone
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When I dialed it down to the entry level time-frame, things became even clearer. However, this is where I have to come clean and admit that I waited until the next, newer, Supply Zone formed and had been tested before I actually committed to the entry.

Once the trade was off and running, I also added into the move another twice.

I should also point out that the trade would have been equally valid taking it as a straightforward WZ short right out of the Dead Zone (so needless to say, if I had waited for a retest that didn't come and the trade instead dropped straight out of the DZ, then I would now be one very miffed camper, lol).

Detail
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As things stood at 18:13, here with The Dead Zone overlaid...
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You certainly saw it coming, Claudia, nice one.
  • #23,766
  • Dec 19, 2017 12:49pm Dec 19, 2017 12:49pm
Quoting slowbrain
{quote} Billytt i took long on 4H high break and counter on 8:15 short break .... will wait until tomorrow signal {image}
Hi Bud, I still watch the Daily, and 04-00 4 hour bar AND only trade the 08-00 15 min bar.
As soon as i saw the 04-00 showing signs of failing i got ready to short and hunt the 20 points.
That extra is now ammo for any fail....
i am currently trading for my gf as i keep saying.
The %%% i need per week for her , i am actually getting daily lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,767
  • Dec 19, 2017 12:50pm Dec 19, 2017 12:50pm
i have not had Trade Pc turned on for many hours so do not know what is happening..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,768
  • Dec 19, 2017 12:54pm Dec 19, 2017 12:54pm
Quoting billytt
{quote} Hi Bud, I still watch the Daily, and 04-00 4 hour bar AND only trade the 08-00 15 min bar. As soon as i saw the 04-00 showing signs of failing i got ready to short and hunt the 20 points. That extra is now ammo for any fail.... i am currently trading for my gf as i keep saying. The %%% i need per week for her , i am actually getting daily lol
Were you hunting for 20 pips on the break of the 08-00 15 min bar? Or was you still hunting the 20 points after the fail of the 04-00 4 hour bar?
  • #23,769
  • Dec 19, 2017 1:01pm Dec 19, 2017 1:01pm
The Fib-Overlay for that DAX move. Interesting.

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  • #23,770
  • Dec 19, 2017 1:39pm Dec 19, 2017 1:39pm
Quoting bojack34
{quote} Were you hunting for 20 pips on the break of the 08-00 15 min bar? Or was you still hunting the 20 points after the fail of the 04-00 4 hour bar?
Hi Bo, i traded the 08-00 15 bar for %%%,
i saw the 04-00 4 hour bar was failing and went for it.
i only traded the actual 04-00 Low break, i could of been lucky and kept the 08-00 trade running.
But that isnt the method. i got what i wanted then capitalised on the 04-00 fail
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #23,771
  • Dec 19, 2017 1:49pm Dec 19, 2017 1:49pm
Quoting claudia1
{quote} Look at cable on 4h target obvious. Might be wrong !
I posted this idea a few weeks ago and still see 3000 zone year end. I'm selling and adding as we go. Not my usual way but ...

Inserted Video
  • #23,772
  • Dec 19, 2017 2:12pm Dec 19, 2017 2:12pm
Quoting claudia1
{quote} I posted this idea a few weeks ago and still see 3000 zone year end. I'm selling and adding as we go. Not my usual way but ... https://www.youtube.com/watch?v=lDK9QqIzhwk
This where you're looking to go, Claudia?

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  • #23,773
  • Dec 19, 2017 2:17pm Dec 19, 2017 2:17pm
Quoting lemercenaire
{quote} This where you're looking to go, Claudia? {image}
Yep. Might be a bit of a gamble. For the brave !
  • #23,774
  • Dec 19, 2017 2:20pm Dec 19, 2017 2:20pm
Quoting claudia1
{quote} I posted this idea a few weeks ago and still see 3000 zone year end. I'm selling and adding as we go. Not my usual way but ... https://www.youtube.com/watch?v=lDK9QqIzhwk
Inserted Video
  • #23,775
  • Dec 19, 2017 2:26pm Dec 19, 2017 2:26pm
Quoting lemercenaire
{quote} https://www.youtube.com/watch?v=1nv9br7P7g0
You like fibo. Throw it on 4h using 10 Nov as low. 50 % retrace is ?
  • #23,776
  • Dec 19, 2017 3:11pm Dec 19, 2017 3:11pm
Quoting claudia1
{quote} You like fibo. Throw it on 4h using 10 Nov as low. 50 % retrace is ?
Nailed on. Check the extension leftward of the 61.8 as well.
  • #23,777
  • Dec 19, 2017 4:54pm Dec 19, 2017 4:54pm
Quoting lemercenaire
{quote} Nailed on. Check the extension leftward of the 61.8 as well.
Yep. Obviously the fib 50/00 is huge support area. See where we go !
  • #23,778
  • Dec 20, 2017 2:36am Dec 20, 2017 2:36am
Market is not lookin' to hot!
  • #23,779
  • Dec 20, 2017 2:39am Dec 20, 2017 2:39am
Quoting wannalearn12
Market is not lookin' to hot!
Slow like cold molasses
  • #23,780
  • Dec 20, 2017 2:45am Dec 20, 2017 2:45am
'Morning all.

Didn't get to the V1 and not too fussed. Haven't checked to see how it would have gone (I can guess, lol).

On the lead-in to the 06:00 - 08:00 nothing made me feel any more enthusiastic. Schaff was giving a long bias, however price was hanging about in the middle of nowhere, not an S+D Zone in sight. Not good.

Pre-Open
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M30 at least gave a sniff of something...
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As did m15...
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However m5 just helped muddy the water...
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