Billytt Die happy trading e/j daily breakout | Page 1258 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #25,141
  • Mar 6, 2018 2:38am Mar 6, 2018 2:38am
Quoting lemercenaire
So short we were waiting on - and short we got. Done WZ back into the body. +5% DAX 06:00 - 08:00 (WZ short). +5% {image}
Nice Lem !
Got my 5 as Billy said broke long, Happy Days..
  • #25,142
  • Mar 6, 2018 2:38am Mar 6, 2018 2:38am
Quoting billytt
t 18-43 This 18-00 1 hour bar......Maybe we might get a correction or profit taking or what ever wecall it , So if the Low breaks hmmmmmm. OR maybe the High breaks then reverses to kill the minnows. Lets see.
That high did break for approx +10 and retraced several hours later for +5 (break of Low).

i honestly thought (don't think) the high might trigger for a couple of points then retrace but it didn't straight away..

No trigger no trade (too long a time limit)....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,143
  • Mar 6, 2018 2:39am Mar 6, 2018 2:39am
Quoting montego
{quote} Nice Lem ! Got my 5 as Billy said broke long, Happy Days..
nice one bud...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,144
  • Mar 6, 2018 3:08am Mar 6, 2018 3:08am
My bias for Cable is short, IF and i say IF we get the trigger it should drop to a modest 13740 ...

i guess my day is over lol,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,145
  • Mar 6, 2018 3:56am Mar 6, 2018 3:56am
Quoting billytt
t 08-22 Cable,,,, 08-00 15 min Break... High triggered for +5... I DID NOT TRADE IT, don't ask why lol.....
The chart :-)
Attached Image (click to enlarge)
Click to Enlarge Name: Cable0946.jpg Size: 393 KB
every Saint has a past. Every Sinner has a Future
  • #25,146
  • Edited 4:21am Mar 6, 2018 3:57am | Edited 4:21am
Cable... the 04-00 4 hour bar High has triggered and we are on a retrace..

we can place a retrace trade (not me) or hopefully it will keep dropping to break the Low and then make +20 and Daily Low.

this is what i look for (or Pc).


edit..The 04-00 4 hour bar came very very close to opening earlier, but it didn;t...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,147
  • Mar 6, 2018 3:58am Mar 6, 2018 3:58am
Quoting turnip15
{quote} The chart :-) {image}
Thank you Mr T, the march goes on.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,148
  • Mar 6, 2018 6:58am Mar 6, 2018 6:58am
DZ could be interesting, Mr-T, lol...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1DZcouldbeinteresting6thmar18.png Size: 34 KB
  • #25,149
  • Mar 6, 2018 7:04am Mar 6, 2018 7:04am
Boosh!

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1boosh6thMar18DZ.png Size: 32 KB


Mr-T's cat gets fed this week!
  • #25,150
  • Mar 6, 2018 7:09am Mar 6, 2018 7:09am
The retrace trade covers the outstanding negative on the original WZ long Head-Fake. Done

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1retracecoveredthecounterloss6thMar18.png Size: 33 KB


Hope you got some as well, Bo.
  • #25,151
  • Mar 6, 2018 7:12am Mar 6, 2018 7:12am
Quoting lemercenaire
Boosh! {image} Mr-T's cat gets fed this week!
Picture at 1310
LEM -area of support below as per your chart above?
Attached Image (click to enlarge)
Click to Enlarge Name: CAD1310.jpg Size: 382 KB
every Saint has a past. Every Sinner has a Future
  • #25,152
  • Mar 6, 2018 7:22am Mar 6, 2018 7:22am
Took a wee cheeky bite off the pin-bar...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1classicpinbaroutofDZ6thMar18.png Size: 34 KB
  • #25,153
  • Mar 6, 2018 7:44am Mar 6, 2018 7:44am
Perfect 50% retrace...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1almost50percentFib6thMar18.png Size: 35 KB
  • #25,154
  • Mar 6, 2018 7:47am Mar 6, 2018 7:47am
Quoting lemercenaire
Perfect 50% retrace... {image}
How far can price go down here before you decide to NOT trade the WZ move back into the body?
  • #25,155
  • Mar 6, 2018 7:51am Mar 6, 2018 7:51am
Quoting turnip15
{quote} Picture at 1310 LEM -area of support below as per your chart above? {image}
Yep. Here's the Demand Zone with the line marked at 28817 as per the live price level on your chart...

Attached Image (click to enlarge)
Click to Enlarge Name: InkedDemandZoneInfoForMr-T6thMar18crop_LI.jpg Size: 251 KB
  • #25,156
  • Mar 6, 2018 7:52am Mar 6, 2018 7:52am
Quoting billytt
{quote} Hi Claudia, i hope all is well....
Shorting e/j off close of 4 h going ok.
  • #25,157
  • Mar 6, 2018 7:55am Mar 6, 2018 7:55am
Quoting bojack34
{quote} How far can price go down here before you decide to NOT trade the WZ move back into the body?
You mean if price had broken out first, dropped away and then come back on the pin bar?

If so, then if price was still contained inside that same bar (ie the pin), then I'd have no hesitation of taking it, which I did. That's playing a classic pin-bar move.

If the bar that dropped out stayed out and closed outside (no pin retrace), then came back up in a new bar, I would take other info into account. PA, micro-S+D, fib etc.

UC is pretty good for playing through the day, though. It tends to wander up and down through its range.
  • #25,158
  • Mar 6, 2018 8:00am Mar 6, 2018 8:00am
Could have added a nice chunk of extra if I'd taken the trip back down from the 50-Bounce. I didn't take it.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1couldhavetakennicedropfrom50-ididnt6thMar18.png Size: 35 KB
  • #25,159
  • Mar 6, 2018 8:07am Mar 6, 2018 8:07am
Quoting claudia1
{quote} Shorting e/j off close of 4 h going ok.
Aw, sweet catch, Claudia...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4awsweetClaudia6thMar18.png Size: 39 KB
  • #25,160
  • Mar 6, 2018 8:09am Mar 6, 2018 8:09am
Quoting lemercenaire
{quote} Aw, sweet catch, Claudia... {image}
Down a level...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1downalevel6thMar18.png Size: 36 KB
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