Billytt Die happy trading e/j daily breakout | Page 1664 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #33,261
  • Sep 21, 2018 1:35am Sep 21, 2018 1:35am
M5 Chart...

Attached Image (click to enlarge)
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  • #33,262
  • Sep 21, 2018 1:37am Sep 21, 2018 1:37am
So...as this could just as easily blow on through North, I think my play may be to wait for any rebound and then look to play a bounce back from that. If I get a good momo look down, it may be an option to jump on board at any small pullback.

We shall see.
  • #33,263
  • Sep 21, 2018 1:52am Sep 21, 2018 1:52am
12402

This may now be a turncoat level. As a result, we may not get much of a drop and instead get a jump North. If that happens, I will have a Momo-Scalp set-up and be waiting for a pullback to get in on.
  • #33,264
  • Sep 21, 2018 1:56am Sep 21, 2018 1:56am
Quoting lemercenaire
M5 Chart... {image}
Took the retrace 12406 to 12399.
  • #33,265
  • Sep 21, 2018 1:59am Sep 21, 2018 1:59am
Quoting samuel2133
{quote} Took the retrace 12406 to 12399.
was waiting for 12393 for a scalp long, didn't reach it. Now the fireworks with the open, getting reading for a contrarian long. I will take the long.
  • #33,266
  • Sep 21, 2018 2:08am Sep 21, 2018 2:08am
Quoting samuel2133
{quote} was waiting for 12393 for a scalp long, didn't reach it. Now the fireworks with the open, getting reading for a contrarian long. I will take the long.
Excellent trade +23, from 12394. Best of the month.

I am sure Lem you are in it. Thanks for the hint.
  • #33,267
  • Sep 21, 2018 2:22am Sep 21, 2018 2:22am
Got what I wanted.

There was a drop at the KO and I got in Long at the bounce. I played it a little cautiously to take confirmation from the micro Turncoat Zone but never any doubt.

I got out at +11 at a sign of stalling but it went on for a bit more. No regrets. 6 lots heavy. I actually hit the exit at +8, lol. It didn't go on much from there as shown and has now dropped back again.

Great way to hit a Friday morning.

DAX Momo-Scalp +11

Attached Image (click to enlarge)
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Out

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  • #33,268
  • Sep 21, 2018 2:37am Sep 21, 2018 2:37am
Dropped to the m5 to take a play off the micro Demand Zone that had formed. Nipped a couple more. Closed as I took the screen-shot...

DAX Momo-Scalp +2

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  • #33,269
  • Sep 21, 2018 2:40am Sep 21, 2018 2:40am
That's probably me for the day - for now, at least.

The Monster is swishing its tail and getting ticked off. Price has dropped way back down and will have been a death trap for those who got greedy and held too long on the move North.

I'll keep an eye on it - just in case there's a bounce chance - but as I said, probably me done.
  • #33,270
  • Sep 21, 2018 2:52am Sep 21, 2018 2:52am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(£)H1.png Size: 44 KB


U/C worth a watch at 13.30.
  • #33,271
  • Sep 21, 2018 2:58am Sep 21, 2018 2:58am
Morning all. The Billy bar trade has worked 5 days out of 5 this week (no counter needed).
  • #33,272
  • Sep 21, 2018 3:04am Sep 21, 2018 3:04am
OK, I lied.

After that drop, it was almost inevitable that The Monster was in the kind of mood to take it all back. I even pointed out this behaviour to - I think - Mr-G earlier in the week.

Sure enough, that's what we got.

Double dip...

Momo-Scalp (aggressive entries) Fib Triggers as confirmation. +6 +16

Attached Image (click to enlarge)
Click to Enlarge Name: InkedDAX-Momo-Scalp-DoubleDip+6+16cropSept21st18_LI.jpg Size: 660 KB


Then, just as I closed at a stall-point, The Monster had one last laugh and took to a canter, getting all the way back up high. Whacked its head hard, rebounded and then did it again, just for giggles.

Attached Image (click to enlarge)
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  • #33,273
  • Sep 21, 2018 3:05am Sep 21, 2018 3:05am
That last candle would have been a ''standard'', less aggressive, Momo-Scalp entry, by the way. Should have added in there but hey ho.
  • #33,274
  • Sep 21, 2018 3:07am Sep 21, 2018 3:07am
Quoting turnip15
{quote} Yes, Lems' rain came my way. Actually wore a raincoat for the first time in ages. The cat looked at the rain, then looked at me. I could read the " not me mate" look in her eyes. {image}
Lol she had the right idea !
  • #33,275
  • Sep 21, 2018 3:10am Sep 21, 2018 3:10am
Quoting claudia1
{image} U/C worth a watch at 13.30.
Your Cable move was always on the cards. Bouncing back off its own Daily Channel top edge...

Attached Image
  • #33,276
  • Sep 21, 2018 3:13am Sep 21, 2018 3:13am
Quoting lemercenaire
{quote} Your Cable move was always on the cards. Bouncing back off its own Daily Channel top edge... {image}
Watching A/U and U/C on 30 again.

Edit: U/C 24% adr ...
  • #33,277
  • Sep 21, 2018 3:15am Sep 21, 2018 3:15am
Quoting lemercenaire
{quote} Your Cable move was always on the cards. Bouncing back off its own Daily Channel top edge... {image}
Coming out of Supply on H1 as well...

Attached Image (click to enlarge)
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  • #33,278
  • Sep 21, 2018 3:16am Sep 21, 2018 3:16am
Quoting claudia1
{quote} Watching A/U and U/C on 30 again.
Both look good.

Dunno' if I'll stick around much longer, though.
  • #33,279
  • Sep 21, 2018 3:19am Sep 21, 2018 3:19am
Quoting lemercenaire
{quote} Your Cable move was always on the cards. Bouncing back off its own Daily Channel top edge... {image}
Spread looks high - this morning 0.9
  • #33,280
  • Sep 21, 2018 3:25am Sep 21, 2018 3:25am
Quoting lemercenaire
{quote} Both look good. Dunno' if I'll stick around much longer, though.
My days planned:

Check equities
Play roulette
Tidy apartment before cleaner comes
Wine bar for lunch
NY open
Racing

Sounds bad but true !
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