What I had been looking at in the lead in to the bounce. You can see why I didn't want to hang onto the original move too long...
Billytt Die happy trading e/j daily breakout
- #24,002
- Edited 8:52am Jan 11, 2018 8:36am | Edited 8:52am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Been hanging around and watching various potential set-ups. We're getting short on remaining week now though, lol.
For me, if in doubt, I will go play Poke The Monster and I got the move I wanted. Short out of the Supply Zone.
I was watching the Demand Zone just below where price is here...
On the H4 overview of this, you can see my Get-Out-Of-Dodge Zone below. The blue zone is my own reference and the upper red line is the M30 Demand Zone perimeter, the lower, the H1. In my view, I wasn't holding for long after price got anywhere near that zone or those lines.
For me, if in doubt, I will go play Poke The Monster and I got the move I wanted. Short out of the Supply Zone.
I was watching the Demand Zone just below where price is here...
On the H4 overview of this, you can see my Get-Out-Of-Dodge Zone below. The blue zone is my own reference and the upper red line is the M30 Demand Zone perimeter, the lower, the H1. In my view, I wasn't holding for long after price got anywhere near that zone or those lines.
- #24,003
- Edited 8:53am Jan 11, 2018 8:40am | Edited 8:53am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Been hanging around and watching various potential set-ups. We're getting short on remaining week now though, lol. For me, if in doubt, I will go play Poke The Monster and I got the move I wanted. Short out of the Supply Zone. I was watching the Demand Zone just below where price is here... {image} On the H4 overview of this, you can see my Get-Out-Of-Dodge Zone below. The blue zone is my own reference and the upper red line is the M30 Demand Zone perimeter, the lower, the H1. In my view, I wasn't holding for long after price[/highlight]...
As it turns out, that was a pretty good call...
It may blow through eventually but if it does, that'll be a separate trade.
- #24,004
- Jan 11, 2018 8:48am Jan 11, 2018 8:48am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} As it turns out, that was a pretty good call... {image} It may blow through eventually but if it does, that'll be a separate trade.
You could also have had a WZ move long at Day's Open (move #1) if your broker's desk was open in the middle of the night and you could handle the increased spread.
- #24,005
- Jan 11, 2018 9:07am Jan 11, 2018 9:07am
- | Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts
- #24,007
- Jan 11, 2018 9:19am Jan 11, 2018 9:19am
- | Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts
- #24,008
- Jan 11, 2018 9:34am Jan 11, 2018 9:34am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #24,009
- Jan 11, 2018 12:17pm Jan 11, 2018 12:17pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Just about to head out for coaching duties but thought I'd leave you with this.
AU hitting all sorts of significant levels...
AU hitting all sorts of significant levels...
- #24,010
- Jan 11, 2018 1:01pm Jan 11, 2018 1:01pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
Just about to head out for coaching duties but thought I'd leave you with this. AU hitting all sorts of significant levels... {image} {image} {image}
every Saint has a past. Every Sinner has a Future
- #24,011
- Jan 11, 2018 5:01pm Jan 11, 2018 5:01pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Well Lem - The Billy Bar ( 8 am) and "Dead Zone" CAD trades got their 5 pip plus today
- #24,012
- Jan 12, 2018 1:26am Jan 12, 2018 1:26am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
How's everybody? Good I hope.
Well, it's Friday round again - time flies when you're having fun, eh.
Very, very, tight range for The Monster in the lead-in to the UK off. Not a usual look at all. Mmmmmm...
Needless to say, that's giving me mixed signals, with no real solid directional bias.
Ah well, we'll see
.
Well, it's Friday round again - time flies when you're having fun, eh.
Very, very, tight range for The Monster in the lead-in to the UK off. Not a usual look at all. Mmmmmm...
Needless to say, that's giving me mixed signals, with no real solid directional bias.
Ah well, we'll see
.
- #24,013
- Jan 12, 2018 1:39am Jan 12, 2018 1:39am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
How's everybody? Good I hope. Well, it's Friday round again - time flies when you're having fun, eh. Very, very, tight range for The Monster in the lead-in to the UK off. Not a usual look at all. Mmmmmm... Needless to say, that's giving me mixed signals, with no real solid directional bias. Ah well, we'll see
- #24,015
- Jan 12, 2018 2:45am Jan 12, 2018 2:45am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Well, something definitely happened - big drop short. Too sodding early though, lol.
.I actually thought the chance may have gone, as after the earlier drop, price retraced all the way back up. However, it dropped again and down to the level of the Demand Zone below - perfect. Jumped on board the bounce that followed and all the percents were bagged. I jumped off at that point and off he went, dropping back down again - and I've just noticed that it's turned once more and has travelled all the way back and more, lol. You gotta' love it (...and I do, I do!).
DAX 06:00 - 08:00 (Done WZ move North back into the body of the candle). +5%
- #24,016
- Jan 12, 2018 2:50am Jan 12, 2018 2:50am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
EG box break +10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #24,017
- Jan 12, 2018 2:52am Jan 12, 2018 2:52am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
NB: Note above that the move I took was against the Schaff indicator bias. When this happens, I will always make sure I do not hold the trade for a second longer than I need to and even then, the only way I will enter against the Schaff is if I have the backing of an S+D Zone.
As it turns out, the Schaff had got it right, as this is how things stand at the moment...
As it turns out, the Schaff had got it right, as this is how things stand at the moment...
- #24,018
- Jan 12, 2018 2:53am Jan 12, 2018 2:53am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #24,019
- Jan 12, 2018 2:58am Jan 12, 2018 2:58am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
morning, Cable... even though my bias is short i traded the 08-00 15 minute bar because i had the trigger to Long. Got in, Got out Got %%%, happy days
- #24,020
- Jan 12, 2018 8:17am Jan 12, 2018 8:17am
- | Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts