Billytt Die happy trading e/j daily breakout | Page 1685 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #33,681
  • Oct 9, 2018 1:26am Oct 9, 2018 1:26am
Quoting MrGreen95
Guys, i have found this thread... https://www.forexfactory.com/showthread.php?t=194811 maybe you can find it helpful for trading the various sessions {image}
Main idea was the same, but looks like the MM was not the one to make the thread last ...
Fix up, trade sharp ...
  • #33,682
  • Oct 9, 2018 1:36am Oct 9, 2018 1:36am
Morning Guys once more L.O.L.
The Dax Monster this Franky Open. Pre- Open we have price close below 2 area's of interest, which are the yellow lines, these are Previous Daily Open's in History. We also have micro Supply in the area and price testing and rejecting, my bias = short. On the Franky Open today we have a small gap north and a little push north into resistance = enter short Red dash line and Out Green Dash Line bagged 7.5 points all good, left plenty on the table but hey ho the monster can turn on a dime and take you out if you hang around. Time for a cuppa and a little breaky. Back in a bit.
The second picture is an update showing price respecting a Daily Open in the past, just saying
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DAX30M5 9Oct Sell +7.5 points Close below prev open 11965 test rej closee below prev open 11956 .png Size: 36 KB
Click to Enlarge Name: DAX30M5 9 Oct update 07-22 observe price on prev Daily Opens.png Size: 39 KB
  • #33,683
  • Oct 9, 2018 1:36am Oct 9, 2018 1:36am
'Morning all. My brain is not exactly running like a Swiss watch this morning. Grabbed an hour or so of sleep after watching my 'Skins get humped by Drew Brees and his Saints last night, on Brees' way to breaking the NFL's passing record.

As Pips has mentioned, we got a Long break on Claudia's baby. It got to around +10 and then turned. Hit SL.

The Low entry has triggered now. I'll look to add-in on the way down to see if I can come out ahead.
  • #33,684
  • Oct 9, 2018 1:40am Oct 9, 2018 1:40am
What I have noticed, is that more often than not, no matter which way price breaks initially, it will cross the range away from the side that price ends up on at the end of the box. I had pondered whether that was something to look at on its own.
  • #33,685
  • Oct 9, 2018 1:45am Oct 9, 2018 1:45am
Quoting lemercenaire
'Morning all. My brain is not exactly running like a Swiss watch this morning. Grabbed an hour or so of sleep after watching my 'Skins get humped by Drew Brees and his Saints last night, on Brees' way to breaking the NFL's passing record. As Pips has mentioned, we got a Long break on Claudia's baby. It got to around +10 and then turned. Hit SL. The Low entry has triggered now. I'll look to add-in on the way down to see if I can come out ahead.
Morning Lem. Have a pending short at 1.3084 for Pound. As you said, the over night range was followed by a FB. Hence I think probability is higher to go down. PP looks fine for a limit, will only look for around 20 with 8 pip risk.
Fix up, trade sharp ...
  • #33,686
  • Oct 9, 2018 1:45am Oct 9, 2018 1:45am
In other news EU did a BOOM! style reversal at 1.15.....
used to be undecided but nowadays can't make my mind up
  • #33,687
  • Oct 9, 2018 1:46am Oct 9, 2018 1:46am
What I would point out, is that had I been watching that first entry, I can almost guarantee that I would have closed out manually and hell mend the spread!
  • #33,688
  • Oct 9, 2018 1:47am Oct 9, 2018 1:47am
Quoting lemercenaire
'Morning all. My brain is not exactly running like a Swiss watch this morning. Grabbed an hour or so of sleep after watching my 'Skins get humped by Drew Brees and his Saints last night, on Brees' way to breaking the NFL's passing record. As Pips has mentioned, we got a Long break on Claudia's baby. It got to around +10 and then turned. Hit SL. The Low entry has triggered now. I'll look to add-in on the way down to see if I can come out ahead.
Hey Lem don't know how you do it L.O.L.
Update of the Claudia Night Shift Break. One thing look at the precision bounce on the Power candle green dotted line
We have +10 points Long and now 10 points Short at this time.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30 Oct 8 Claudia Break update 06-42 Long +10 incl spread now +10 short inc spread 07-42.png Size: 53 KB
  • #33,689
  • Oct 9, 2018 1:49am Oct 9, 2018 1:49am
Quoting lemercenaire
What I would point out, is that had I been watching that first entry, I can almost guarantee that I would have closed out manually and hell mend the spread!
Hm, good question. But then you might have some others that will just hit the target. Easier to s&f on these short term swings imo. Human interaction can spoil a lot on these setups, especially in MT4 lol
Fix up, trade sharp ...
  • #33,690
  • Oct 9, 2018 1:54am Oct 9, 2018 1:54am
GU's retracing as we speak. With a bit of luck, it'll be a Z-Line move and soon drop again.
  • #33,691
  • Oct 9, 2018 2:00am Oct 9, 2018 2:00am
The Frankenbreak is stuck in a channel and although it has poked its nose out on a short, has failed to close below to give a solid entry.
  • #33,692
  • Oct 9, 2018 2:05am Oct 9, 2018 2:05am
What a fiddle ... but sleeping long saved me from the s/o of the long lol
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 31 KB
Fix up, trade sharp ...
  • #33,693
  • Oct 9, 2018 2:08am Oct 9, 2018 2:08am
Morning all, set this up on demo account last night, as others have said got +10 long then hit stop, then about +9 and hit stop, so bit of whip on this trade, but as Claudia says you can have a few losers and still come out on top at the end of the week.
Just a thought if we had put cave manager on the trades with move to brake even at +8 we would be brake even, but i suppose there will be other times where it will go upto +8 then back to -2 then hit the +15 TP .
Will be testing again Tonight.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
  • #33,694
  • Oct 9, 2018 2:12am Oct 9, 2018 2:12am
Quoting lemercenaire
'Morning all. My brain is not exactly running like a Swiss watch this morning. Grabbed an hour or so of sleep after watching my 'Skins get humped by Drew Brees and his Saints last night, on Brees' way to breaking the NFL's passing record. As Pips has mentioned, we got a Long break on Claudia's baby. It got to around +10 and then turned. Hit SL. The Low entry has triggered now. I'll look to add-in on the way down to see if I can come out ahead.
Thanks for the feedback - and Pip. Remember NY was closed yesterday.

Is this heading down the +10 move to b/e road ? Might make sense to add to the advisor. Lol see Montego just posted the same.
  • #33,695
  • Oct 9, 2018 2:26am Oct 9, 2018 2:26am
Quoting claudia1
{quote} Thanks for the feedback - and Pip. Remember NY was closed yesterday. Is this heading down the +10 move to b/e road ? Might make sense to add to the advisor. Lol see Montego just posted the same.
Morning Claudia, yes I had that on my Radar re- N.Y.
  • #33,696
  • Oct 9, 2018 2:32am Oct 9, 2018 2:32am
Quoting lemercenaire
The Frankenbreak is stuck in a channel and although it has poked its nose out on a short, has failed to close below to give a solid entry.
It took long today and looked like it may require a counter but it got there in the end....the streak continues
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM30.png Size: 22 KB
  • #33,697
  • Oct 9, 2018 2:35am Oct 9, 2018 2:35am
Well, all is not lost. My good ol' Monster came to my rescue.

The actual KO was a waste of time, with no clear signal coming from anywhere - however, as is often the way of these things, the spoils come to those who wait.

Took a short off an m1 entry, fine-tuned from a close-below-fib entry. Locked in my +5...

Attached Image (click to enlarge)
Click to Enlarge Name: InkedDAX-Fib-Entry-MorningTrade9thOct18-INandRunning-crop_LI.jpg Size: 875 KB


...and hey - ho, it just kept on truckin', blew through the micro Demand Zones and I eventually landed +20.

Attached Image (click to enlarge)
Click to Enlarge Name: DAX-Fib-Entry-MorningTrade9thOct18-OUT-crop.png Size: 17 KB
  • #33,698
  • Oct 9, 2018 2:53am Oct 9, 2018 2:53am
Quoting lemercenaire
Well, all is not lost. My good ol' Monster came to my rescue. The actual KO was a waste of time, with no clear signal coming from anywhere - however, as is often the way of these things, the spoils come to those who wait. Took a short off an m1 entry, fine-tuned from a close-below-fib entry. Locked in my +5... {image} ...and hey - ho, it just kept on truckin', blew through the micro Demand Zones and I eventually landed +20. {image}
Nicely done Lem
  • #33,699
  • Oct 9, 2018 2:56am Oct 9, 2018 2:56am
Yesssss, got hit after the fumble ... out + 20, does not matter it is blasting through here for more because my RR was more than +2
Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt.PNG Size: 58 KB
Fix up, trade sharp ...
  • #33,700
  • Oct 9, 2018 2:59am Oct 9, 2018 2:59am
Another thing has come to mind re Claudia's Night Shift play.

I experimented with running The Frankenbreak as a Range Wick Zone set-up. It was just at the time I was letting it go, so I never followed it up (I had an indicator supplied from The Head Alien and everything).

However, I have a feeling that this could be a good way to run this. Certainly looking back quickly, just using the old (admittedly half-shut) eyes. Variation is the spice of life, after all - or something like that.

It would make sense that it would work, as per my observations about price goin' a-wanderin' across the range.

Anyway. I really need to crash before I fall asleep standing up.

Have fun all and catch you in a while.
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