Billytt Die happy trading e/j daily breakout | Page 1271 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #25,401
  • Mar 12, 2018 6:14am Mar 12, 2018 6:14am
Getting interested. ADR real low.
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  • #25,402
  • Mar 12, 2018 7:10am Mar 12, 2018 7:10am
Closed cable for 7 pips.
Still got a sell on oil.
Might have a look at selling cable later
Regards
Kev
  • #25,403
  • Mar 12, 2018 7:18am Mar 12, 2018 7:18am
Quoting lemercenaire
{quote} Soon as I saw that doji, I was out of there, lol. I assume your break was way later, Billy, on the 08:45 candle? I make it a 4.6 break, not inc any spread. I also had a major Supply Zone above, so would never have gone long anyway. If I'd taken the drop back out of that, I'd have managed the +5 ok. Could have taken a couple of bites at it, if I'd been gallus. {image} Dropping to the M5 would have given an even better entry (lower line is the edge on the m15 zone) {image} It's all yabber anyway, as I didn't trade it either way.
my charting had it at +5.2.... i trade lines but i had a feeling it wouldn't go High lol and it didn't. next post i will explain
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,404
  • Mar 12, 2018 7:31am Mar 12, 2018 7:31am
Quoting billytt
{quote} my charting had it at +5.2.... i trade lines but i had a feeling it wouldn't go High lol and it didn't. next post i will explain
I broke High, it reversed which i had a feeling it would, so i doubled my lot up on a counter and got out with 4 pips, so all went well ...
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  • #25,405
  • Mar 12, 2018 7:45am Mar 12, 2018 7:45am
Cable, what a funny day.
The 08-00 15 bar actually failed but i scratched a few % from it , as i said.

Anyway, the Low triggered for a good 5%. end of story...

The good news is, the 04-00 4 hour bar High Failed and the Low broke, that got a few but i did not trade it as actually this failed too. even though it made approx 12.

the good news being, i did not trade it lol.

now it is going up
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,406
  • Mar 12, 2018 7:47am Mar 12, 2018 7:47am
Quoting montego
{quote} I broke High, it reversed which i had a feeling it would, so i doubled my lot up on a counter and got out with 4 pips, so all went well ... {image}
and that is how you do it.
Nice one bud.

You do not have to double up, ( i do at times) sometimes just claw it back over another trade or two..............
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,407
  • Mar 12, 2018 8:21am Mar 12, 2018 8:21am
Quoting lemercenaire
{quote} Will be interesting to see if that small Supply Zone has any bearing on The Dead Zone later, Mr-T.
Dead Zone is a nightmare today - and sorry for the late post, Mr-T. Hope you aren't stuck in limbo or on the wrong end of a dirty stick.

Price didn't go far enough to reach the Supply Zone above and so turned early for me. It's now in limbo as the DZ kicked off.

As a result, I am not going in straight away but waiting for some kind of reaction off of the m15 S+D and I have marked the levels of those on the main H1 chart below.

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  • #25,408
  • Mar 12, 2018 8:33am Mar 12, 2018 8:33am
Quoting kevin1959
Hi Lemcenaire. It dropped below the moving average (21sma) 15 min time frame 2.30 am The 4 hour chart is showing down (using trendline ) It was under 62.00 by 3.15 am (round number) Hope this makes sense. Regards Kev. P.S sorry about any delays as I'm at work.
Lem will do, Kev .

Yep, all of that makes sense.

I'll stick to DWZ - we'll both get to the same place but I think my head will hurt less, lol.

Interesting move going on just now...

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Whadd'ya reckon, folks? Claudia?
  • #25,409
  • Mar 12, 2018 8:35am Mar 12, 2018 8:35am
Talking of Claudia and all things shiny - sweet 1-2-3 out of the Demand Zone. Ta very much...

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  • #25,410
  • Mar 12, 2018 8:38am Mar 12, 2018 8:38am
Quoting lemercenaire
{quote} Dead Zone is a nightmare today - and sorry for the late post, Mr-T. Hope you aren't stuck in limbo or on the wrong end of a dirty stick. Price didn't go far enough to reach the Supply Zone above and so turned early for me. It's now in limbo as the DZ kicked off. As a result, I am not going in straight away but waiting for some kind of reaction off of the m15 S+D and I have marked the levels of those on the main H1 chart below. {image}
Meanwhile, back at the ranch. Took the bounce off the Demand Zone and I'm done.

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Looks like it's going to drop now.
  • #25,411
  • Mar 12, 2018 8:45am Mar 12, 2018 8:45am
Dropped just enough for you, Mr-T (hopefully). Hitting the 50-Fib now...

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  • #25,412
  • Mar 12, 2018 8:47am Mar 12, 2018 8:47am
Quoting lemercenaire
Dropped just enough for you, Mr-T (hopefully). Hitting the 50-Fib now... {image}
Defo dropped enough now for your +5...

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  • #25,413
  • Mar 12, 2018 8:48am Mar 12, 2018 8:48am
Quoting lemercenaire
{quote} Defo dropped enough now for your +5... {image}
Boosh...

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  • #25,414
  • Mar 12, 2018 8:56am Mar 12, 2018 8:56am
Took a little taste on the rebound off the m15 micro Supply-Zone...

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Detail on the m5...

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Forgot to mark the m15 level but they're pretty much the same.
  • #25,415
  • Mar 12, 2018 8:57am Mar 12, 2018 8:57am
Right, my heads buzzing from a busy morning-and-well-into-lunch. I'm off for a break and bite to eat. Trade well all who stick around.
  • #25,416
  • Mar 12, 2018 9:05am Mar 12, 2018 9:05am
Quoting lemercenaire
Right, my heads buzzing from a busy morning-and-well-into-lunch. I'm off for a break and bite to eat. Trade well all who stick around.
Ach, just one more...

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The bounce out of the Demand Zone.
  • #25,417
  • Mar 12, 2018 10:39am Mar 12, 2018 10:39am
hi everyone.
home from work now.
I am going to try a short on cable
reasons being 4 hour chart is down and under a round number.
stop loss 139.15
moving average still showing up on the 15 min chart, but looking for price to pull back towards it.
regards
Kev
  • #25,418
  • Mar 12, 2018 10:55am Mar 12, 2018 10:55am
Quoting lemercenaire
{quote} Boosh... {image}
No Lem - I missed the trade - I was holding the wallet for Mrs T. whilst out shopping in town today. Just got back home.
every Saint has a past. Every Sinner has a Future
  • #25,419
  • Mar 12, 2018 11:32am Mar 12, 2018 11:32am
Quoting turnip15
{quote} No Lem - I missed the trade - I was holding the wallet for Mrs T. whilst out shopping in town today. Just got back home.
Hi Mr T, i hope you help on tight to the wallet............
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,420
  • Mar 12, 2018 11:40am Mar 12, 2018 11:40am
Quoting billytt
{quote} and that is how you do it. Nice one bud. You do not have to double up, ( i do at times) sometimes just claw it back over another trade or two..............
Thanks Bud
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