{quote} Lem you could successfully trade anything.......gotta love the WZ cw SD
Price has just gone the full candle-range...
Billytt Die happy trading e/j daily breakout
- #25,441
- Mar 12, 2018 7:27pm Mar 12, 2018 7:27pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Price has just gone the full candle-range...
- #25,443
- Mar 12, 2018 7:35pm Mar 12, 2018 7:35pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Hi Lem because its only my demo put a sell stop and buy stop on the one hour chart at 11pm, then took the dog a walk when i got back it had Triggered short continuation trade and made 10 pips, great stuff !
Candle #1: 00:00
Candle #2: 23:00
Candle #3: 22:00
- #25,444
- Mar 12, 2018 7:38pm Mar 12, 2018 7:38pm
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
{quote} Ah, lol. So you actually traded the 22:00 candle! (22:00 - 23:00 uk time). Candle #1: 00:00 Candle #2: 23:00 Candle #3: 22:00 {image}
i take it i should either enter at 12 or 1am
- #25,446
- Mar 12, 2018 7:41pm Mar 12, 2018 7:41pm
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
{quote} Always think of it as trading the range of the candle. SO you are trading the range of the 23:00 Candle for the early variant (23:00 - Midnight uk). ...and the range of the Midnight candle for the later variant (Midnight - 01:00 uk).
- #25,447
- Mar 12, 2018 7:47pm Mar 12, 2018 7:47pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} lol gotcha, oh well at least i can put another trade on in 20 mins
I'm watching an IFL game just now, so I will probably take a look at the next one as well. I'd prefer to see price push up to the Supply Zone though but we'll see.
- #25,448
- Mar 12, 2018 8:01pm Mar 12, 2018 8:01pm
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
{quote} You know something though - what you have done is demonstrate the power of WZ trading. You can take pretty much any candle on any time-frame and get something out of it. I'm watching an IFL game just now, so I will probably take a look at the next one as well. I'd prefer to see price push up to the Supply Zone though but we'll see.
- #25,449
- Mar 12, 2018 8:10pm Mar 12, 2018 8:10pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} very very true
One more brew and then I'm off - the game's done-and-dusted now anyway.
- #25,450
- Mar 12, 2018 8:18pm Mar 12, 2018 8:18pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Doesn't look like much is happening on this one. Oh, hold on, getting a wee push...if it gets up there, I may just take it back down off the SZ. Don't see it coming all the way back through the Upper WZ before I head to my kip. One more brew and then I'm off - the game's done-and-dusted now anyway.
- #25,451
- Mar 12, 2018 8:20pm Mar 12, 2018 8:20pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
I'll leave you to it now. It may still take the full WZ move back through as the night goes on but it'll have to be you guys montego (and hi, ikdenk) that get it done. I'm off for the night.
See y'all tomorrow and we'll do it all again
See y'all tomorrow and we'll do it all again
- #25,453
- Mar 13, 2018 2:31am Mar 13, 2018 2:31am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Good morning all.
Just a quick catch-up for the overnight stuff via The Witching Hour.
WH 23:00
WH Midnight
As you can see, for those who use a longer leash, then this can give extremely high rewards. A clean High / Low Break with s/l or counter at either mid-line or opposite side would be the way to go (the way the original EJ Daily Break was run, basically).
Just a quick catch-up for the overnight stuff via The Witching Hour.
WH 23:00
WH Midnight
As you can see, for those who use a longer leash, then this can give extremely high rewards. A clean High / Low Break with s/l or counter at either mid-line or opposite side would be the way to go (the way the original EJ Daily Break was run, basically).
- #25,454
- Mar 13, 2018 2:59am Mar 13, 2018 2:59am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Hi everyone I am out of cable just about broke even, it did go up to 148.17 but as I was at home and it started to show long wicks I let it play out. Lemercenaire how far in this thread (or other threads} do I have to go back to read about your style of trading? Oh well back to work catch up later Regards kev
- #25,455
- Mar 13, 2018 3:02am Mar 13, 2018 3:02am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #25,456
- Mar 13, 2018 3:05am Mar 13, 2018 3:05am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #25,457
- Mar 13, 2018 3:06am Mar 13, 2018 3:06am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #25,459
- Mar 13, 2018 3:19am Mar 13, 2018 3:19am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Jeez, nearly messed that up. I can usually juggle faffing about here pre-KO and then jump back on for the go - but today just as I am about to get going, GF decides to come annoy me (does she know your lass, Billy? I'm beginning to wonder!). As such I had no time to do my S+D check and had to go skinny-dipping in.
The only info I had was candle shape (long high wick) and The Schaff (Long Bias). Contradictory.
Soooooo, I played the WZ move short back into the body - basically 'coz that's my thaang - and good enough, got my +5%.
Price then got snatched up in The Monster's jaws and shaken about like a rag-doll. Up, down, up, down, in, out, in, out, shake it all about...
Finally looks to have settled on travelling North...
The only info I had was candle shape (long high wick) and The Schaff (Long Bias). Contradictory.
Soooooo, I played the WZ move short back into the body - basically 'coz that's my thaang - and good enough, got my +5%.
Price then got snatched up in The Monster's jaws and shaken about like a rag-doll. Up, down, up, down, in, out, in, out, shake it all about...
Finally looks to have settled on travelling North...