Lem USD/CAD gave me my 6pips on the DZ today. 
Billytt Die happy trading e/j daily breakout
- #41,662
- May 22, 2019 2:23pm May 22, 2019 2:23pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
- #41,666
- May 23, 2019 12:18am May 23, 2019 12:18am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
Morning Guys, up with the Crows this morning , took a look at cable , price had broke down the Mr B 00-004H Low, waited for retrace which wasn't much AS IT HAPPENS, then went short on the break of the retrace south, Bingo, took 4 points, 
fully loaded, there was a continued hesitation at the level where I closed on the move south so thought mmm 4 points is ok,,, time to get outa Dodge. L.O.L. 
.
fully loaded, there was a continued hesitation at the level where I closed on the move south so thought mmm 4 points is ok,,, time to get outa Dodge. L.O.L. .
- #41,667
- May 23, 2019 1:16am May 23, 2019 1:16am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
No trade on Dax Monster at Franky Open, for me at this time, My preference was for a Move North up to around 2125, 2130 area, and rejection to go short, but alas The Monster went south right from the Get Go, 
, so for now, A nice hot cuppa and peer through my glasses at the shenanigans, he he, 
. Might wait for Lem, if he is up and about, mm, maybe think that is a good Idea. 
, so for now, A nice hot cuppa and peer through my glasses at the shenanigans, he he, . Might wait for Lem, if he is up and about, mm, maybe think that is a good Idea. - #41,668
- May 23, 2019 1:40am May 23, 2019 1:40am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
No trade on Dax Monster at Franky Open, for me at this time, My preference was for a Move North up to around 2125, 2130 area, and rejection to go short, but alas The Monster went south right from the Get Go,
DAX looks a tad tricky this morning, so good call, Pips.
The move down to clear out Demand could have been predicted but I had hoped it may have held off till around this time, not so early. We do have EUR red news at 08:30 and so no doubt that has had a bearing.
On the surface, I would have said fair enough, lets get on board, as there looks to be enough room short, however price is now very close to the 30 mins 23.6-level and down at the sharp end, we've now got a chunk of congestion, which at any other time would suggest a flip back North, even if only temporarily.
I will for sure be keeping a close eye on The Monster's movements just now and into the next hour, just in case there is a quick opportunity but I will be ready to bail at the first sign of hesitation and I won't push it if it isn't there.
Once the Open and the news is out the way, things should settle down and I wouldn't be surprised if we get a nice long, steady grind in one direction through the day.
Right, a quick brew to set me up and get my watching brief on.
Have a good one, all.
- #41,670
- May 23, 2019 1:45am May 23, 2019 1:45am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
{quote} 'Morning Pips and all the gang. DAX looks a tad tricky this morning, so good call, Pips. The move down to clear out Demand could have been predicted but I had hoped it may have held off till around this time, not so early. We do have EUR red news at 08:30 and so no doubt that has had a bearing. On the surface, I would have said fair enough, lets get on board, as there looks to be enough room short, however price is now very close to the 30 mins 23.6-level and down at the sharp end, we've now got a chunk of congestion, which at any other...
. enjoy the brew, oh yes I just bagged another cheeky 4 points on cable momo south after retrace and rejection 0f the Mr B 00-00 4h break. yaaaaay hail Mr B.
- #41,671
- May 23, 2019 2:02am May 23, 2019 2:02am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Well, sure enough, we got the bounce of that 23.6 level and so glad I saw that, as I definitely would have jumped all over a short if I had just come onto the 1-min or even 5-min chart.
As it went, I got the bounce back to the upside, a crossover of the Lightning Cloud and an really tight Double-Dip entry.
In-and-out before the ball is even handed to the Kicker.
DAX 1-min Pre-KO
OUT +5.5 +2.5 [+8]
As it went, I got the bounce back to the upside, a crossover of the Lightning Cloud and an really tight Double-Dip entry.
In-and-out before the ball is even handed to the Kicker.
DAX 1-min Pre-KO
OUT +5.5 +2.5 [+8]
- #41,673
- May 23, 2019 2:09am May 23, 2019 2:09am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
Well, sure enough, we got the bounce of that 23.6 level and so glad I saw that, as I definitely would have jumped all over a short if I had just come onto the 1-min or even 5-min chart. As it went, I got the bounce back to the upside, a crossover of the Lightning Cloud and an really tight Double-Dip entry. In-and-out before the ball is even handed to the Kicker. DAX 1-min Pre-KO {image} OUT +5.5 +2.5 [+8] {image}
, still learning from you as always, thank you for your continued input here. 
.
- #41,674
- May 23, 2019 2:12am May 23, 2019 2:12am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
Dax has now broken yesterdays low
Could be a reaction at 12020 and the 00 area lets see.
Could be a reaction at 12020 and the 00 area lets see.
- #41,675
- May 23, 2019 2:20am May 23, 2019 2:20am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Excellent Lem, first class trading,,I CAN'T SAY ANYMORE,
As for The Monster - well, sure enough, it's rolling in the grass looking for belly rubs...
- #41,676
- May 23, 2019 2:22am May 23, 2019 2:22am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Dax has now broken yesterdays low
- #41,677
- May 23, 2019 2:33am May 23, 2019 2:33am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Another bite. Played the momo off the micro 
Z-Line.
DAX 1-min +7.5
Z-Line.DAX 1-min +7.5
- #41,678
- May 23, 2019 2:33am May 23, 2019 2:33am
- Joined Dec 2016 | Status: Trader | 1,408 Posts
{quote} Kind words, thanks. I think you're doing just fine, Pips. As for The Monster - well, sure enough, it's rolling in the grass looking for belly rubs... {image}
- #41,679
- May 23, 2019 2:35am May 23, 2019 2:35am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
News gap...
