Billytt Die happy trading e/j daily breakout

Quoting lemercenaire

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In fact, had I looked closer (or actually wider), I would have seen that although price closed over the 50-Fib level, it didn't actually do so on the -Line, that was the Daily Open, near enough. So you could have had a valid short entry. {image}

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Quoting lemercenaire

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I was tempted to go in on the way back up - or even the -Line back again (though price closed over, so I'd wait to see if it came back to close below, to be safe). I had a nice cup of tea instead.

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Quoting lemercenaire

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That was a text-book lesson in higher tf Fib-Retracement trading, whether we were in on it, or not. As for me, I am done for the day. Off out-and-about. So, trade well all, if you decide to stick around and do...stuff. I will catch y'all later.

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Quoting lemercenaire

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Well...I got that right, that's one thing. Here's the set-up secs before the off, the clock has just changed but the Open candle hasn't yet appeared... {image} Looked good and the trusty trigger-finger was poised to...oh ****... {image} ...and... {image} {image} {image} Is it drilling for oil, or something???!!! Well, it is The Monster, after all.

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