Billytt Die happy trading e/j daily breakout

Here's the breakdown of all that in chart form...

Initial Long move, failed, then drop Short...



Into Short Break of the Low...



Failed...

Into Long back up and into the WZ move over initial trigger...



Now, if you hung onto this too long, perhaps because of any negative build up on the earlier nonsense, The Monster now really bared his teeth and would have bitten your head off, doing an acrobatic back-flip and dropping right out the bottom of the world...



Finally, to sum up - my earlier, initial Short Bias very definitely confirmed...

Well done. Y'er a braver man than me today!

Bingo Mr B's shhh 0800 15m Break + 4.5

t 08-43
Cable, my 08-00 15 min bar break. short broke for 5%

My Cable test trade is doing well.
It is just a case of either getting it right first time or i start the countering game.
I am trading something similar to how my bot works..

L.O.L. Lucky I guess or not quite switched on ,,,, No one is more BRAVE THAN A Scot Laddie.

Just for the record, this was the move to have been on this morning, pre-KO.

Aggressive entry shown at cross-hairs, with a ''safer'' get-in at somewhere between the Open of the second Bear Candle and the top of the retrace / wick as it fell back...



Notice the increased spread at that time in the morning.

Cable short Billy bar - target achieved

This week has been as bad (read frustrating) for me as I can remember in a long time. However, frustration is a very bad emotion in a trader, so instead of giving myself a good slapping (that may still come), I have switched over into analysis mode.

Now, this has already thrown up an interesting possibility.

As some will know, I used to run a play off the first hour of my two-hour block (the 06:00 - 07:00 bar) and it worked well. It then got a bit of a drag getting up earlier when I could do just as well an hour later. However, now I think back, I have a feeling that it was also because at this time of year last year, there were periods when the later slot was very unpredictable (and not in a good, volatility, way but the way it has been this week) and the early time-slot was more straight forward.

This needs further investigation.

nice one Mr T

with this testing, i am looking for the daily range or part of it.....
It seems 5% isn't enough for the client lol...

i am watching e/j and a/u too.

both of which had inside bars on the 4 hour, and are doing well.
i am not trading these at the moment.

As a point of interest, didn't Billy mention "00" levels in earlier posts ?

t 12-48
All Cable trades have been closed.
So far the testing has gone well.
we did have a minus trade but the counter held it and another trade fixed it.

just after 10-00 we had a move north.
i think the trouble i had was mental as i was watching the charts.
SOOOOOOOOOOOOOO 1st day of testing , it went well even with a minus trade. ( i cannot say fail) lol

with e/j and a/u i was watching.
they broke low and kept going so no reverse trade for me today.

+5

+5 x 2

Well, we certainly got that bounce!

Blew up to and through the Supply Zone that was sitting there.

Scalped The Monster on the way down...carefully. Then hit a TS 1-2-3 on the way back up out of Demand (I did wait for the second bite, just to be sure it was going to bounce).

The target I am looking at is around the short, thick, blue line. Sits at 12440. If it gets there, look to short.

Hey Lem what a heads up that was