Billytt Die happy trading e/j daily breakout | Page 1399 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #27,961
  • May 8, 2018 2:57am May 8, 2018 2:57am
Hitting the 50 now...

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  • #27,962
  • May 8, 2018 3:14am May 8, 2018 3:14am
When price didn't close over the 50, I took a Long entry on the m5 as it bounced...

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I was aware that price had closed over the pivot, however and I kept my target modest (roughly the dotted line, which is the m1 Supply Zone).

Good call. Price has continued down (for now).
  • #27,963
  • May 8, 2018 3:15am May 8, 2018 3:15am
That's me done for now.

Trade well all and I'll be back for The Dead Zone.
  • #27,964
  • May 8, 2018 4:40am May 8, 2018 4:40am
Quoting lemercenaire
Nice start to Claudia's day... {image}
Was a bit messy early on thought might try 3600. But it worked out with a bit of news.

Should have held the e/j trade !
  • #27,965
  • May 8, 2018 6:23am May 8, 2018 6:23am
DE30 and GU did their job south.

EJ .... Waiting for 129.00. Stick to the plan. Monday was inside bar. didn't test the friday High/Lo. From my observation, when inside bar, and the next day it breaks, usually gives a healthy 15-20 pips. But it does retrace, so need to assume the DD. Took my loss -11pips) and entered again 129.25. letting it run.
  • #27,966
  • May 8, 2018 6:39am May 8, 2018 6:39am
What I did. Follow it until it retraces.
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  • #27,967
  • May 8, 2018 7:03am May 8, 2018 7:03am
Quoting claudia1
{quote} Was a bit messy early on thought might try 3600. But it worked out with a bit of news. Should have held the e/j trade !
Yeah. EJ looks like the best Dead Zone option for today as well, assuming it has exhausted itself on the drop.
  • #27,968
  • May 8, 2018 7:34am May 8, 2018 7:34am
Yaaaaawwwnnnnnn...

Took EJ for my DZ choice and it's taken the last 30 mins to go about 5 pips total distance travelled in all. There is a chunky Supply blockage on the m5 getting in the way.

It kept just missing my entry trigger long and so, when it dropped down a bit farther to the major Demand Zone below, I went in.

Doing this gave me a head start on the move North that did eventually come. It meant that although at the time of writing, the actual trigger would only have gone +3 or so, the additional pips got me my full +5%.

That'll do me for now.

Dead Zone (Done WZ entry Long + added sauce). +5%
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  • #27,969
  • May 8, 2018 7:36am May 8, 2018 7:36am
Quoting lemercenaire
Yaaaaawwwnnnnnn... Took EJ for my DZ choice and it's taken the last 30 mins to go about 5 pips total distance travelled in all. There is a chunky Supply blockage on the m5 getting in the way. It kept just missing my entry trigger long and so, when it dropped down a bit farther to the major Demand Zone below, I went in. Doing this gave me a head start on the move North that did eventually come. It meant that although at the time of writing, the actual trigger would only have gone +3 or so, the additional pips got me my full +5%. That'll do me for...
As I posted the above, it looks like we did in fact, just about, get the +5 on the true entry.
  • #27,970
  • May 8, 2018 7:40am May 8, 2018 7:40am
Quoting lemercenaire
{quote} As I posted the above, it looks like we did in fact, just about, get the +5 on the true entry.
Nice.

Any time of the day where you look for your DZ play lem?
  • #27,971
  • May 8, 2018 7:43am May 8, 2018 7:43am
Finally got the full break...

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  • #27,972
  • May 8, 2018 7:47am May 8, 2018 7:47am
UC... The range was talking about broke.
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  • #27,973
  • May 8, 2018 7:52am May 8, 2018 7:52am
Quoting samuel2133
{quote} Nice. Any time of the day where you look for your DZ play lem?
Yeah, sorry, didn't realise you weren't aware.

The Dead Zone covers the ''dead air'' in the one hour before the US Open. For the pairs that I scan, they will more often than not clear that range, either as a standard break of the H or L, or as my fav, the WZ move back inside.

The best for this is UC (Mr-T's adopted baby), with EJ, AU, GN and CJ as others to look at. There are a handful of others, to give 11 in total, that I identified as having the best movement profile for the method.

As always, I target the magical +5% and as I have evolved with it, I will sometimes do as I did today and get in at a trigger off of a helpful Supply or Demand zone. Looking for a Set-Up with a major (H1 at least) S+D Zone alongside is now a priority in finding my choice for the day.

The Witching Hour is a variant of the same (specifically for EJ and EG mostly) run over two time-slots...23:00 and Midnight UK time. One will usually run as a continuation trade, the other, a reversal. There is no better one, the two are simply the same but different.
  • #27,974
  • May 8, 2018 7:57am May 8, 2018 7:57am
Quoting samuel2133
UC... The range was talking about broke. {image}
I had dismissed UC for a DZ option, as price was kind of floating about in space. However, once that Supply Zone had formed, it would have been a valid surfing zone - entering as price came down out of the Supply Zone.

Even as a standard DZ entry, it would have brought the percents, however. So, all good.

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  • #27,975
  • May 8, 2018 8:01am May 8, 2018 8:01am
One to keep an eye on...

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  • #27,976
  • May 8, 2018 8:06am May 8, 2018 8:06am
Quoting lemercenaire
{quote} Yeah, sorry, didn't realise you weren't aware. The Dead Zone covers the ''dead air'' in the one hour before the US Open. For the pairs that I scan, they will more often than not clear that range, either as a standard break of the H or L, or as my fav, the WZ move back inside. The best for this is UC (Mr-T's adopted baby), with EJ, AU, GN and CJ as others to look at. There are a handful of others, to give 11 in total, that I identified as having the best movement profile for the method. As always, I target the magical +5% and as I have evolved...
Thanks Lem.
  • #27,977
  • May 8, 2018 10:38am May 8, 2018 10:38am
Hi all,,, It looks like everyone has been having fun....

i have absolutely no idea how the market is lol, i have looked at posted charts though...

i have been to the gym, i do have one in my house but i am not there often.( only to collate stats).

I am also being pestered to trade for some people lol.

Those days have gone.....

speaking of trading, my GF's account is past 50% profit...(she only wanted 6%)....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #27,978
  • May 8, 2018 5:36pm May 8, 2018 5:36pm
One way or another.
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  • #27,979
  • May 8, 2018 7:29pm May 8, 2018 7:29pm
Quoting billytt
Hi all,,, It looks like everyone has been having fun.... i have absolutely no idea how the market is lol, i have looked at posted charts though... i have been to the gym, i do have one in my house but i am not there often.( only to collate stats). I am also being pestered to trade for some people lol. Those days have gone..... speaking of trading, my GF's account is past 50% profit...(she only wanted 6%)....
There's a song for that ... not a very good one.

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  • #27,980
  • May 8, 2018 7:52pm May 8, 2018 7:52pm
Quoting claudia1
One way or another. {image}
Not a fortune but an easy one.
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