Good move. {image}
Billytt Die happy trading e/j daily breakout
- #32,121
- Aug 2, 2018 10:39am Aug 2, 2018 10:39am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
- #32,122
- Aug 2, 2018 10:56am Aug 2, 2018 10:56am
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
Good Tune not heard that one for a long time 
- #32,123
- Aug 2, 2018 11:09am Aug 2, 2018 11:09am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Good Tune not heard that one for a long time
Still stands up today.
- #32,126
- Aug 2, 2018 12:12pm Aug 2, 2018 12:12pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
We had a "Grand day Out."
every Saint has a past. Every Sinner has a Future
- #32,127
- Aug 2, 2018 3:40pm Aug 2, 2018 3:40pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
We had a "Grand day Out."
- #32,128
- Aug 2, 2018 3:49pm Aug 2, 2018 3:49pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Just having a quick look across The Dead Zone charts.
Turns out one of the better options was actually Da Monshtaaaahh! Not as a direct play but using the Demand Zone below as a point to surf from. If you had, you could still be going
...
Elsewhere, Cable looks like it's getting into a handy position - though whether we will run out of week or not before it happens is up for debate...
Turns out one of the better options was actually Da Monshtaaaahh! Not as a direct play but using the Demand Zone below as a point to surf from. If you had, you could still be going
... Elsewhere, Cable looks like it's getting into a handy position - though whether we will run out of week or not before it happens is up for debate...
- #32,129
- Aug 3, 2018 1:31am Aug 3, 2018 1:31am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
Morning Guys, the Lem Dax Monster bout was a bit tricky 
, Price Gap and reverse to Resistance happened early around 06-50, this was the move I was expecting at Franky Open = Ermmmmm, At open price did a small gap down but was just below Resistance, soooo waited, I had previously put in a rectangle at what I thought could be Support area, the blue lines, Price came down to the area quickly and bounced, came back again so I went long = 
+4.5 points in and out. I did feel a tad nervy to say the least.L.O.L. Coffee time me thinks. Trade safe.
, Price Gap and reverse to Resistance happened early around 06-50, this was the move I was expecting at Franky Open = Ermmmmm, At open price did a small gap down but was just below Resistance, soooo waited, I had previously put in a rectangle at what I thought could be Support area, the blue lines, Price came down to the area quickly and bounced, came back again so I went long = +4.5 points in and out. I did feel a tad nervy to say the least.L.O.L. Coffee time me thinks. Trade safe.
- #32,130
- Aug 3, 2018 1:35am Aug 3, 2018 1:35am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Good morning, all. Nearly the weekend!
Anyway, I was chart-crunching last night and I ended up leaving a set-up primed overnight. Never something I do, certainly not on The DAX but it was just too tasty, with a very limited upside risk due to price sitting under the Supply Zone. I just sat a tight stop there and was willing to eat that small loss should something have thrown a spanner in the works.
The Short triggered nicely and trundled away downhill overnight. The entry is at the white cross-hairs.
Anyway, I was chart-crunching last night and I ended up leaving a set-up primed overnight. Never something I do, certainly not on The DAX but it was just too tasty, with a very limited upside risk due to price sitting under the Supply Zone. I just sat a tight stop there and was willing to eat that small loss should something have thrown a spanner in the works.
The Short triggered nicely and trundled away downhill overnight. The entry is at the white cross-hairs.
- #32,131
- Aug 3, 2018 1:51am Aug 3, 2018 1:51am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Meanwhile, back at the ranch...
We actually have a look quite similar to yesterday. There looks to be a little room left to let us drop into that space for now, just. Then price runs into major Demand on the Daily and H4. On H1, price is sitting in a minor channel and that's what's going to give us the immediate movement at the KO. Whether it's long or short will depend on which buffer we're sitting on at the time.
Have fun all.
We actually have a look quite similar to yesterday. There looks to be a little room left to let us drop into that space for now, just. Then price runs into major Demand on the Daily and H4. On H1, price is sitting in a minor channel and that's what's going to give us the immediate movement at the KO. Whether it's long or short will depend on which buffer we're sitting on at the time.
Have fun all.
- #32,132
- Aug 3, 2018 1:58am Aug 3, 2018 1:58am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Morning Guys, the Lem Dax Monster bout was a bit tricky
.One thing I have to ask. Does your broker close their desk till 06:00? If so, you should bear in mind that the gaps that you are often seeing are artificial gaps, created by your broker only. They are not true K-Gaps. As such, price will not always look to fill them if the real chart price doesn't follow your charts. Your gaps will be filled purely because there has been a ''true'' gap on the market.
If you do have this, it would be worth your while finding a broker who only closes their desk around midnight and using their charts.
Just a thought.
- #32,133
- Aug 3, 2018 2:23am Aug 3, 2018 2:23am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
All done.
Using my scalp method only today, didn't even consider the 2-hr block. The set-up was just too perfect to let get away. Short Bias.
I could have had entries earlier but I wasn't ready (awake, lol) but no matter.
Played the 08:00 ten-minute chart and entered on the test-and-rebound. A superb +9% and-a-bit...
DAX-Monster Scalp (10-Min Chart) Short Bias. +9%
Using my scalp method only today, didn't even consider the 2-hr block. The set-up was just too perfect to let get away. Short Bias.
I could have had entries earlier but I wasn't ready (awake, lol) but no matter.
Played the 08:00 ten-minute chart and entered on the test-and-rebound. A superb +9% and-a-bit...
DAX-Monster Scalp (10-Min Chart) Short Bias. +9%
- #32,134
- Aug 3, 2018 2:30am Aug 3, 2018 2:30am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Update:
Pushed my luck a bit and after seeing the expected return pass the
Z-Line and get all the way back to my trigger-zone then fail to close over the round number...in I went again (with finger even more poised over the ''BAIL'' button should I get any hint of a sucker move - I wasn't giving all those lovely percents back!
Anyway...never a worry and added another +5%.
DAX-Monster Scalp (10-Min Chart 08:10 Bar) Short Bias. Entry 2. +5%
That will definitely do for my week now.
Pushed my luck a bit and after seeing the expected return pass the
Z-Line and get all the way back to my trigger-zone then fail to close over the round number...in I went again (with finger even more poised over the ''BAIL'' button should I get any hint of a sucker move - I wasn't giving all those lovely percents back!Anyway...never a worry and added another +5%.
DAX-Monster Scalp (10-Min Chart 08:10 Bar) Short Bias. Entry 2. +5%
That will definitely do for my week now.
- #32,135
- Aug 3, 2018 2:39am Aug 3, 2018 2:39am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
{quote} Hi Pips. Good trade there. A nerve well held
.I am not sure if they fit in with K-Gaps. What would you make of this Bud.
- #32,136
- Aug 3, 2018 2:42am Aug 3, 2018 2:42am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
Update: Pushed my luck a bit and after seeing the expected return pass the
- #32,137
- Aug 3, 2018 2:44am Aug 3, 2018 2:44am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Hi Lem, my broker closes their desk at the close of 9pm hour bar = 10pm GMT, for 1 hour and then Opens at 11pm GMT.
- #32,138
- Aug 3, 2018 2:50am Aug 3, 2018 2:50am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Now that all the action is done with, The Monster is just off for a wee, relaxed, stroll now...
- #32,139
- Aug 3, 2018 2:59am Aug 3, 2018 2:59am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
{quote} No, that's cool. That's the way you want it - you're good to go.