SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Billytt Die happy trading e/j daily breakout
- #29,322
- May 25, 2018 3:20am May 25, 2018 3:20am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #29,325
- May 25, 2018 3:46am May 25, 2018 3:46am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
34 unread posts since I was last on first thing, lol. Busy, busy, busy.
I'll post this then go back and read.
Well, I got faked and shimmied, so in the trenches right from the off.
Didn't help that there was a distinct lack of clues coming in as to possible direction. Ho hum.
So, anyway, where was I? Right...faked and shimmied...
First was a head-fake Long...that was my initial move. That's the way I had been looking (hoping?) for - and in fact was the direction it ended up going in the overall big picture.
However, down at the sharp end, price did an about turn and headed back down.
Triggered short. Counter is on.
Then came the shimmy, as with a glint in his eye, The Monster twisted and turned and took me off on a ride.
At this point, I switched it over to the 10 min chart. I had never used this tf before - never seen the need - however I have discovered that it has an interesting feature, in that the candles tend to always try and revert to what's kinda' like an average size on the day. This helps me to scalp, as I can use not only normal WZ tech but also a form of momo, in that if a move busts out a bigger than average 10 mins, then I get a clue that it will try and pull that back on the following candle (also using the normal additional info obviously, S+D (of which there actually wasn't much today, on any tf) and specifically pivots. The Monster does seem to like and respect pivots).
Funnily enough, in the overview after all was done-and-dusted, it all looks like it was a calm and collected affair...eazy-peazy-lemon-squeezy, right?
DAX Monster 06:00 - 08:00 (Overview)
However, if one looks down under the surface...calm and collected? Not so much...
DAX Monster 10 min Work Chart
I haven't even attempted to mark this chart up, it would just be a mess of up-and-down-up-and-down.
What you need to know is that the two red lines are the two pivots and the three white and one yellow are various targets used during the session.
I played the reactions off those lines.
Anyway...after the dust settled, I ended up up +10% and-a-bit.
If I had held the very last close-out trade for a few minutes longer, I would have had +15% as that last trade would have covered the last remnant of the Counter Trade and had some jam on top. Would have greened up the board.
Easy to say after the fact, as we all know...and come on...+10%, right Samuel!?
Add-in just as was about to post. Checked how it looks just now - and sure enough the Long Bias did kick in in a big way. Lovely extreme break...but again...+10% (and-a-bit). Jeez, puleez. Behave yourself, Lem.
Right...off to catch up.
I'll post this then go back and read.
Well, I got faked and shimmied, so in the trenches right from the off.
Didn't help that there was a distinct lack of clues coming in as to possible direction. Ho hum.
So, anyway, where was I? Right...faked and shimmied...
First was a head-fake Long...that was my initial move. That's the way I had been looking (hoping?) for - and in fact was the direction it ended up going in the overall big picture.
However, down at the sharp end, price did an about turn and headed back down.
Triggered short. Counter is on.
Then came the shimmy, as with a glint in his eye, The Monster twisted and turned and took me off on a ride.
At this point, I switched it over to the 10 min chart. I had never used this tf before - never seen the need - however I have discovered that it has an interesting feature, in that the candles tend to always try and revert to what's kinda' like an average size on the day. This helps me to scalp, as I can use not only normal WZ tech but also a form of momo, in that if a move busts out a bigger than average 10 mins, then I get a clue that it will try and pull that back on the following candle (also using the normal additional info obviously, S+D (of which there actually wasn't much today, on any tf) and specifically pivots. The Monster does seem to like and respect pivots).
Funnily enough, in the overview after all was done-and-dusted, it all looks like it was a calm and collected affair...eazy-peazy-lemon-squeezy, right?
DAX Monster 06:00 - 08:00 (Overview)
However, if one looks down under the surface...calm and collected? Not so much...
DAX Monster 10 min Work Chart
I haven't even attempted to mark this chart up, it would just be a mess of up-and-down-up-and-down.
What you need to know is that the two red lines are the two pivots and the three white and one yellow are various targets used during the session.
I played the reactions off those lines.
Anyway...after the dust settled, I ended up up +10% and-a-bit.
If I had held the very last close-out trade for a few minutes longer, I would have had +15% as that last trade would have covered the last remnant of the Counter Trade and had some jam on top. Would have greened up the board.
Easy to say after the fact, as we all know...and come on...+10%, right Samuel!?
Add-in just as was about to post. Checked how it looks just now - and sure enough the Long Bias did kick in in a big way. Lovely extreme break...but again...+10% (and-a-bit). Jeez, puleez. Behave yourself, Lem.
Right...off to catch up.
- #29,326
- May 25, 2018 3:56am May 25, 2018 3:56am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Morning Billythanks for the answers.
''I mainly use the 00-00 4 hour bar to fix or help fix a bad trade AND IT IS ALSO A REFERENCE BAR.''
Can you please show an example of this? Thanks
Sshhhhh, that's his Secret Sauce
34 unread posts since I was last on first thing, lol. Busy, busy, busy. I'll post this then go back and read. Well, I got faked and shimmied, so in the trenches right from the off. Didn't help that there was a distinct lack of clues coming in as to possible direction. Ho hum. So, anyway, where was I? Right...faked and shimmied... First was a head-fake Long...that was my initial move. That's the way I had been looking (hoping?) for - and in fact was the direction it ended up going in the overall big picture. However, down at the sharp end, price...
Can you please post where you took the first long and then the counter? before the 10min play
- #29,328
- May 25, 2018 3:58am May 25, 2018 3:58am
- | Joined Jan 2018 | Status: Trader | 1,108 Posts
I am excited for you, I am happy seeing you earning money 
Today no trades for me, even demo. I am studying for exams, but i always read your posts 
Today no trades for me, even demo. I am studying for exams, but i always read your posts - #29,329
- May 25, 2018 3:59am May 25, 2018 3:59am
- Joined Apr 2013 | Status: Trader | 10,297 Posts
{quote} Sshhhhh, that's his Secret Sauce
- #29,331
- May 25, 2018 4:07am May 25, 2018 4:07am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
34 unread posts since I was last on first thing, lol. Busy, busy, busy. I'll post this then go back and read. Well, I got faked and shimmied, so in the trenches right from the off. ,
- #29,332
- May 25, 2018 4:08am May 25, 2018 4:08am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Good job Lem
- #29,333
- May 25, 2018 4:10am May 25, 2018 4:10am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Trading computer is off now but here's the Monster in Post-Mess-With-Lem mood from one of the charting screens.
Nice move eventually.
Nice move eventually.
- #29,334
- May 25, 2018 4:12am May 25, 2018 4:12am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
That's me done for the day.
It's Friday.
The sun is blazing.
The weekend is calling.
My ass is numb from sitting here.
Did I mention it's Friday?
Trade well, all who hang around.
I'm off.
It's Friday.
The sun is blazing.
The weekend is calling.
My ass is numb from sitting here.
Did I mention it's Friday?
Trade well, all who hang around.
I'm off.
- #29,337
- May 25, 2018 4:14am May 25, 2018 4:14am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Before I go.
Your bees are here, Billy...
Your bees are here, Billy...
- #29,338
- May 25, 2018 4:48am May 25, 2018 4:48am
- | Joined Jan 2018 | Status: Trader | 1,108 Posts
Ahhh it's stronger than me! I need to see at least one chart a day, even without trading.
See what a beauty i missed: Cable 8:15 breakout + 123 straight to the DPV
Ok now i return to study 
See what a beauty i missed: Cable 8:15 breakout + 123 straight to the DPV
Ok now i return to study 
- #29,339
- Edited 6:29am May 25, 2018 6:18am | Edited 6:29am
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
Have a good weekend all, didn't trade today as ive had the best week on cable ive had since i started trading +181.60 pips, might not be a lot to some people but it is to me, sounds stupid but i didnt want to risk it as i think this is good for confidence to finish the week on a high, made a big mistake on usd/cad earlier on in the week but pulled it back less about 10 pips, with another usd/cad trade Lem brought my attention to, i am starting to think i might actually be able to do this 
thanks again Billy,Claudia, Lem .
Good luck everyone for next week and dont do anything i wouldn't do !
thanks again Billy,Claudia, Lem .
Good luck everyone for next week and dont do anything i wouldn't do !
- #29,340
- May 25, 2018 6:40am May 25, 2018 6:40am
- Joined Apr 2013 | Status: Trader | 10,297 Posts
Have a good weekend all, didn't trade today as ive had the best week on cable ive had since i started trading +181.60 pips, might not be a lot to some people but it is to me, sounds stupid but i didnt want to risk it as i think this is good for confidence to finish the week on a high, made a big mistake on usd/cad earlier on in the week but pulled it back less about 10 pips, with another usd/cad trade Lem brought my attention to, i am starting to think i might actually be able to do this