DAX is off.... {image}
every Saint has a past. Every Sinner has a Future
Billytt Die happy trading e/j daily breakout
- #50,761
- Jun 23, 2020 3:56am Jun 23, 2020 3:56am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
- #50,762
- Jun 23, 2020 4:03am Jun 23, 2020 4:03am
- Joined Apr 2013 | Status: Trader | 10,297 Posts
{quote} Hope that's not Lem and Claudia's horse
- #50,763
- Jun 23, 2020 4:08am Jun 23, 2020 4:08am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
{quote} yes that's what I'm saying too! BUT you yourself are proving rather successfully that you can 'trade noise' with the 8am 15min break! EDIT: dunno what I'm trying to say here, bottom line, it might have 'gone nowhere' but 10 pips a day is all you need to 'get rich' lol
what happened today Mr C, the 00-00 range was 71,
But look at the 04-00 bar, 22 range , and stuck in between the 00-00 high /low.
ok it could of whipped but sometime it has to move to break the 00/00..
Then we had the 06-00 2 hour bar.
I am opportunist, saw the chance.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #50,764
- Jun 23, 2020 4:16am Jun 23, 2020 4:16am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
{quote} yes that's what I'm saying too! BUT you yourself are proving rather successfully that you can 'trade noise' with the 8am 15min break! EDIT: dunno what I'm trying to say here, bottom line, it might have 'gone nowhere' but 10 pips a day is all you need to 'get rich' lol
Cable chart, we shall forget the 00-00 break, but at the moment the bias is Long.
we can short off the 08-00 bar No1, or wait until No2 bar closes and thrade off that,
at time of writing this, the No1 low has just broke.
t 10-16
edit at 10-17.we may have whip, we may be waiting for news, but sometime it will break the 00-00 bar area, even if it reverses, if it does we long/counter, just trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #50,766
- Jun 23, 2020 5:01am Jun 23, 2020 5:01am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
{quote} And that's the point many people miss. They think they have to strive for home runs of 60 or more pips per trade. Statistics are against them but greed or pure ignorance leads them astray.
This morning was 'fun' though - there was me calmly setting up the pendings thinking I had lots of space, then BANG...away it went before I had the TP levels set.....seconds of blind panic trying to find my mouse pointer....<agh>....wireless mouse had gone to sleep...frantic clicking to get it woke up....about 100 other windows opened/closed as a result, then, at last finally get the order killed at +9.9 <phew>. (slight exaggeration, but you know what I mean :-) )
Squeezed another few out of it later with the backup plan, & that'll do me.
- #50,770
- Jun 23, 2020 5:07am Jun 23, 2020 5:07am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #50,771
- Jun 23, 2020 5:22am Jun 23, 2020 5:22am
{quote} Yup, this is something I've finally got my head round and it's taken a lot of pressure off my thinking i.e. with the right method, it gives you the chance to walk away early, but equally allows good chance to recover should you have a bad morning....I think I remember Claudia hinting the same thing prior also (think in terms of making money as opposed to pips). This morning was 'fun' though - there was me calmly setting up the pendings thinking I had lots of space, then BANG...away it went before I had the TP levels set.....seconds of blind...
Everything should be made as simple as possible, but no simpler - Einstein
{quote} Got the frozen wireless mouse T shirt Stu! Its right up there with the curly MS wheel of death, good 'ol el cheapo wired mouse never (hardly) fails
- #50,773
- Jun 23, 2020 5:59am Jun 23, 2020 5:59am
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #50,774
- Jun 23, 2020 6:18am Jun 23, 2020 6:18am
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #50,775
- Jun 23, 2020 6:26am Jun 23, 2020 6:26am
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #50,776
- Jun 23, 2020 6:37am Jun 23, 2020 6:37am
- Joined Apr 2013 | Status: Trader | 10,297 Posts
missed the rocket....then missed the retrace cos I thought I had 'missed it' Must remember, always time for another busand bloody CONCENTRATE!! Must admit though I'm getting rather peed off with IG varying the spread between 0.9 and 1.5......I might have to look for another broker.....yes they do say a bad workman blames his tools
Ignore what Lddd said above the last thing you need is a broker outside the EU (thought UK had left the EU). At least IG are properly regulated.
- #50,777
- Jun 23, 2020 6:40am Jun 23, 2020 6:40am
- Joined Mar 2012 | Status: Trader | 14,314 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #50,780
- Jun 23, 2020 6:52am Jun 23, 2020 6:52am
- Joined Feb 2013 | Status: Trader | 1,488 Posts
{quote} IG seem to be going through a strange patch the spreads are up and down. MT4 platform froze again yesterday - got a complaint in as couldn't close a win which turned into a loss. See live chat is not available. They still pay out quick though. Ignore what Lddd said above the last thing you need is a broker outside the EU (thought UK had left the EU). At least IG are properly regulated.