Billytt Die happy trading e/j daily breakout

It did happen eventually but much later.

Hi Bud, Sorry for the late reply been busy at work today, yeah the asked me to email them a screen shot of the terminal and they are looking into it, but i had no stop set so its a weird one, Still think im going to Change my broker to the same as Claudia's, just in case

GBPAUD
16:00 15min Since we were in the support area, move back to the bar gave the pips. I didn't trade it. But it didnt false break south before. So I don't know if the setup was valid. Lem help

It did happen but too quick of a move

GBPAUD
And here you go. The last short would have been good, as a HOLO trade. Perfect ping/pong setup.

Not entirely sure I get your entry criteria, sorry.

What I would say is that on the attached chart - on the trade set-up on the candles marked - I would be looking at the following:

1: Price drops into the Demand Zone (I'm assuming that is a Demand Zone). I would also mark on this chart, the upper limit of the H1 Zone (if there was one).

2: I would drop to the m5 and if there was a Demand Zone on there, I would either work on my entry from that zone and mark the limit of this m15 zone on it. Or, if you liked the set up and wanted to work off this m15 - and there was a zone on the m5 - I would mark the m5 zone on this m15.

Basically, mark up the surrounding zone limits on the chart you are going to enter on.

3: I would be running the red candle as a WZ set-up, so the (first) entry would be long at the entry back into the body, marked trade #1. Again, that could be focused on the lower tf if you needed/wanted to.

4: I would then add in as price exited the Demand Zone (assuming there was no ''blockage'' close above on the other time-frames). This second entry could be done either as a straight break, or as run from m5 (or m1 even) as a 'Break - Close Over - Retest - Enter' move. You could chose to leave the second entry all together if you wish. Horses for courses and all that).

5: There is also obviously a 3rd potential entry and that is as price breaks the High of the red candle. I didn't mark that one...I forgot .

6: One thing to remember about trading S+D Zones is that you need to appreciate that in a deep zone, price can still bounce about - especially as you move up the time-frames. That is why I work from the high tf down. If in doubt, enter on the limits of the H1 and exit and / or add-in on the lower micro-zones.

EDIT:

Would have helped if I'd actually attached the chart...ho hum..

The simplest and strongest way to run The DAX through the day, would have been to use the Daily WZ overlay.

Classic and simple set-up(s) all day. Man, that was an expensive fry-up I had today .

Time for some music.

I am thoroughly enjoying discovering all the new ''Dark Country / New Southern Rock'' music coming my way since I stumbled across Whiskey Myers last week.

Phenomenal musicianship, great writing, no BS.

Here's The Jompson Brothers - with Chris Stapleton up front. Just awesome to the nth degree.

If I don't get back on - have a great weekend everyone.

If you can't be good, just don't get caught

Hey, whaddaya know - I got back on, lol.

One for Claudia-Tech on the re-open...

Had a quick run through the Dead Zone options for the day - and so far, GOLD has been by far the best set-up option and wow, by far, far, far and away the best performer. For a Friday as well, whoodathunkit?

Not a bad option if you preferred a surf...



Ding - Ding...definitely gone now.

Billy every time I turn tv on these damn things seem to appear.

I thought that was a photo of our group here....

edit, and the girl at the back is Claudia.... unless it already is


that is me trading on laptop, i am ever so serious...

edit, i cannot turn foto, it will not let me lol.

Hi SB , i am glad to hear off you and hope all is well.

i was only thinking of you a few days ago.
Hope the business takes off..

The last few days i have been getting contacted with by a few people wanting me to set up a business trading, even me being a silent partner but they would then need to know my method, yeah right .
I am happy enough being here with you guys and gal.

Hi Billytt

I have read most of the posts I’m missed for the last 2 months , good to see that you are still on the top of your game.

SB

wow, speak of the devil and he shall appear....

Things are good here, trading is the same.
Trade a break line and gather, if it fails counter and claw the loss back.
Odd thing is , i have had very few fails lately.
i shouldn't grumble though lol.
Having a fail gives the day more interest.....

Trade well.

Thanks Lem. I didn't read through but just saw your answer.

Will take time later today. Enjoying my time out this morning.

Have a great weekend everyone !

I keep thinking it is Sunday lol, l i suppose it is in Australia..

gf is still away in the camper, she contacted me and she is ok.....

i am going to have a sausage sandwich and listen to eddy van halen, acdc and stevie ray vaughan like i did yesterday and crank the music up...

edit and robin trower