Billytt Die happy trading e/j daily breakout | Page 1604 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #32,061
  • Jul 31, 2018 3:49pm Jul 31, 2018 3:49pm
Wow! Bit of a slug-fest out there today, it seems.

UC Dead Zone had the bonus of the Red News supercharging the time-slot. That would have been mega-fun!

The DAX looks like a complete mess all day except for maybe from 13:00 - 14:00 uk (US Open) which could have been momo-scalped. Short Bias. Overall, the push would have to be said to have been Long, however. Still, generally, a mess. Happy to have been out of it.

Anyway, I'm not going to hang around as it's been a long day and time to rock back and chill.

See y'all tomorrow, folks.
  • #32,062
  • Jul 31, 2018 3:52pm Jul 31, 2018 3:52pm
Quoting lemercenaire
Howdy all. How's tricks? Had a grand day and now back for a wander through today's fun. Stuff to read - love it!
i am, waiting for midnight to collate stats.
gf is out playing darts.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,063
  • Jul 31, 2018 4:13pm Jul 31, 2018 4:13pm
Cable, the 2 levels i posted about 8 days ago still stand based on the Daily., ( have already posted this)
We also have the 4 hour bar levels which is something to aim for once we have the trigger and time.
4 hour bar levels are High 13200 & Low 13070,

where we are now, Hi is 80 away and Lo 50, bring it on, give me a trigger tomorrow.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,064
  • Jul 31, 2018 4:32pm Jul 31, 2018 4:32pm
t 22-30
Cable, we have a Claudia favourite? consolidation on the hour bars...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,065
  • Edited 5:26pm Jul 31, 2018 4:54pm | Edited 5:26pm
Quoting billytt
t 22-30 Cable, we have a Claudia favourite? consolidation on the hour bars...
Watching that and e/j. Massive move where next.

New month starting and lots of news.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY(£)M15.png Size: 64 KB
  • #32,066
  • Jul 31, 2018 5:36pm Jul 31, 2018 5:36pm
Quoting claudia1
{quote} Watching that and e/j. Massive move where next. New month starting and lots of news. {image}
t 23-35
anything to go by,
E/J has inside bars on the 4 hour and the Mother bar Low was broken not too long ago. so maybe down??
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,067
  • Jul 31, 2018 6:09pm Jul 31, 2018 6:09pm
Quoting billytt
{quote} t 23-35 anything to go by, E/J has inside bars on the 4 hour and the Mother bar Low was broken not too long ago. so maybe down??
t 12-08 E/J it got +20 so fae
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,068
  • Aug 1, 2018 12:10am Aug 1, 2018 12:10am
Quoting billytt
{quote} you did well. earlier the 00-00 4 bar broke and like you say it made 23, i took 20 but i actually thought it made more lol. If you are recouping a fail, don't forget we have tomorrow?. Today was ok because we had the 00-00 4 bar low break.
Thank you for your comments and encouragement Mr B, and well played on the 00-00 break yaaaaaaay.
  • #32,069
  • Aug 1, 2018 1:30am Aug 1, 2018 1:30am
Morning Guys, The Lem Dax Monster bout = Fast and furious , Pip scored a knock out for 5.2 points., Price had pushed up, pre - Frankey Open, closed above 50%fib and closed above Daily pivot. = Mmm ok, On the Open price gap down to Micro Sup = Long and Bingo. Yaaaaaaaaay. Time for Breaky. All is good at this time L.O.L. Green pips to all here catch you later, there is work to do on cable L.O.L.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DAX30M1 1Aug Buy +5.2 points Price close abv 50%fb + Dpvt Gap down to micro sup = buy.png Size: 36 KB
Click to Enlarge Name: DAX30M1 1Aug Buy +5.2 points Price close abv 50%fb + Dpvt Gap down to micro sup = buy 07-21updat.png Size: 36 KB
  • #32,070
  • Aug 1, 2018 1:32am Aug 1, 2018 1:32am
Hi Lem, good hunting at UK Open Bud, erm your up early. L.O.L.
  • #32,071
  • Aug 1, 2018 1:35am Aug 1, 2018 1:35am
'Morning, all.

Today could be err...interesting. Various red news across the board today, everything from GBP in the morning, Non-Farm bumpff and Crude in the arvo.

The DAX is banging its head on a recently-forming Supply Level on the Daily, though at the moment, the overall bias is long. As I said, interesting, lol.

There is also pretty solid-looking blockage above on the H1, with price sitting now in a possible channel both there and H4. The level below hasn't been severely tested yet, however.

There are plenty of opportunities to make this work our way, it's just a matter of whether the main Monster trade set-up will fit into that.

We shall see, we shall see.

Trade well, all.
  • #32,072
  • Aug 1, 2018 1:39am Aug 1, 2018 1:39am
Quoting Pipradar
Hi Lem, good hunting at UK Open Bud, erm your up early. L.O.L.
Aye, up at the crack of dawn. Weird times, lol.

I had hoped you had picked up that move. Nice one.
  • #32,073
  • Aug 1, 2018 1:54am Aug 1, 2018 1:54am
Some pretty pictures make it easy to see what's what...

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.Dailyassmoothinfoforpips1stAug18-crop.png Size: 32 KB


Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H4asSmoothInfoForPips1stAug18crop.png Size: 33 KB


Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H1assmoothinfoforpips1stAug18-crop.png Size: 33 KB


That's the overview and yes, it does look busy - however, dropping to the m5, you can see that there is actually plenty of room to move. Unfortunately that also means that price could go anywhere, though at the moment...it looks like it has a Long Bias.

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.M5assmoothinfoforpips1staug18-crop.png Size: 32 KB
  • #32,074
  • Aug 1, 2018 1:56am Aug 1, 2018 1:56am
I should say, that although I said Long Bias, I am ready for a drop due to the bigger picture. It's just a little unsure as to how far it will go North yet, before it does.
  • #32,075
  • Aug 1, 2018 1:57am Aug 1, 2018 1:57am
Quoting lemercenaire
'Morning, all. Today could be err...interesting. Various red news across the board today, everything from GBP in the morning, Non-Farm bumpff and Crude in the arvo. The DAX is banging its head on a recently-forming Supply Level on the Daily, though at the moment, the overall bias is long. As I said, interesting, lol. There is also pretty solid-looking blockage above on the H1, with price sitting now in a possible channel both there and H4. The level below hasn't been severely tested yet, however. There are plenty of opportunities to make this work...
Well put together Lem, all good
  • #32,076
  • Aug 1, 2018 2:25am Aug 1, 2018 2:25am
I was honestly just about to post that I was going to leave any initial Monster move and play the bounce of the anticipated drop, when the game kicked off and there was a drop. You know how terriers have a chase-reflex? Lol...

I ended up jumping on. Straight on to a sucker-drop. Gapped like crazy and filled way below where I wanted. It still went far enough to keep me happy but I took it and got out.

The entry is marked. The higher yellow in line is where the entry was supposed to be.

DAX-Monster 06:00 - 08:00 (Done WZ South)

Attached Image (click to enlarge)
Click to Enlarge Name: InkedDAX-Monster06.00-08.00QuickJumpOntoSuckerMomo1stAug18_LI.jpg Size: 869 KB


Price then whipped back up (so now glad to have bailed) and then gratifyingly, turned a back-flip and dropped big as originally anticipated.

Attached Image (click to enlarge)
Click to Enlarge Name: DAX-Monster06.00-08.00NowTheAnticipatedDrop1stAug18.png Size: 34 KB


You can take advantage of small-scale moves - but in the long run, higher time-frame S+D will always show you the way.
  • #32,077
  • Aug 1, 2018 2:26am Aug 1, 2018 2:26am
Quoting lemercenaire
I was honestly just about to post that I was going to leave any initial Monster move and play the bounce of the anticipated drop, when the game kicked off and there was a drop. You know how terriers have a chase-reflex? Lol... I ended up jumping on. Straight on to a sucker-drop. Gapped like crazy and filled way below where I wanted. It still went far enough to keep me happy but I took it and got out. The entry is marked. The higher yellow in line is where the entry was supposed to be. DAX-Monster 06:00 - 08:00 (Done WZ South) {image} Price then...
Oh and notice how mysteriously, the gap has vanished in the latter charts.
  • #32,078
  • Aug 1, 2018 2:32am Aug 1, 2018 2:32am
So, to round it all off, here are the charts from earlier as it stands once all is said and done.

In reverse order, just for fun...

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.M5asSmoothPostKO1stAug18-crop.png Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H1asSmoothPostKO1stAug18-crop.png Size: 33 KB


Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H4asSmoothPostKO1stAug18-crop.png Size: 32 KB


Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.DailyasSmoothPostKO1stAug18-crop.png Size: 32 KB
  • #32,079
  • Aug 1, 2018 2:42am Aug 1, 2018 2:42am
That was a chunky drop...

Attached Image (click to enlarge)
Click to Enlarge Name: DAX-Monster06.00-08.00ThatWasAChunkyDrop1stAug18.png Size: 37 KB
  • #32,080
  • Aug 1, 2018 5:12am Aug 1, 2018 5:12am
My Cable 8 am trade was a mess - ended up minus 7 pips. First real loser in a while but still cross with myself for not being quick enough to realise I could have "wick zoned" short to recoup loss
Whats the word I am looking for -ah yes - "Rowlocks" ( or similar).
Attached Image (click to enlarge)
Click to Enlarge Name: Rowlocks.jpg Size: 589 KB
every Saint has a past. Every Sinner has a Future
26 traders viewing now