Billytt Die happy trading e/j daily breakout

The E/J 5 minute. Billie's thread founding pair - still chugging along - most days gives a few pips to the 10 pipper gang.

Edit: next bar of interest is the Dow 15 minute 12:45

The E/J has a burst of life - why today ?

Maybe the Dax had something to do with it.
The DAX - Note yesterdays' level ( first pink box) was volatile albeit the lower 0ne minute helped manage any gains/losses. But this morning was an easier trade to manage involving the break of the 6:45 15 minute bar ( using the one minute again). Not everyday is straight forward ( first pink box) but others make up for it ( second pink box)

Looks like positive news perhaps?
https://www.forexfactory.com/news/11...ancing-up-as-a

Bank of Japan report overnight, T.

Seems like Dow did likewise over the two days - one day harder to trade but today was easier to trade the 15 minute 12:45am bar

Dax 15 minute 6:45am bar - Two reasonable shorts and one loser before London open. On reflection I should have noted proximity of 200ma and previous highs, but there you go.
After London open the 200 is flatlining, anyone sensible would have left the Pc and taken the dog for a walk. After all two wins before 8am is a good way to end Friday !
Anyway, shorted below the 200 thinking it might hit the previous swing low (pinky blob) second "x" from the left. it failed.
tried a long which failed (third "x" from left) - hit the Pink 6:45 to 7am zone drawn earlier.
Next long worked out, was above 200ma, as was the previous losing trade. And made a few points. (Third "tick" from left)
Then a failed long and two winning longs, all above 200ma. Having woken up to the presence of the pink 6:45am band I watched prices closely, if they started to drift I was out.
I just noticed that if I had drawn in my usual moving(Live) hi -lo price swings I would have made less trades and suffered less stress.
Overall - one of those messy days.

Weekend starts here folks

Hi T seems we lost William.

He should be out soon with good behaviour

The Dow 12:45 to 13:00 hrs 15 minute bar ( Thanks Claudia). Nice trading opportunities. Also shown is the one minute chart.
Enjoy the weekend

The Dax 15 minute bar ( 6:45am UK time) - Method borrowed from Claudia.
Profitable shorts

Let's hear it for E/J who started the thread

Lots of news out today which may account for the less than stellar trading today.

The E/J cost me two lost trades, long and short but after marking high/low of each I was kept out of further trades.
The Dax 15 minute chart shown with the one minute. Had two losers before 8am and an indifferent session shown on one minute chart after 8am.
Not a disaster but nothing to boost Mrs T's dress allowance

keeping the crowds back on Billie's thread:

But where is William ?

Think he mentioned awhile back that was supposed to be retired, he'll be drinking cider and bobbing about on his boat somewhere..

Sewing mailbags

Seriously though - Rumour has it that he's been kidnapped by a gang of vertically challenged people

Claudia's 15 minute 3:45pm bar in action.
I have not kept track of this one but as a tool for limiting screen time and optimising opportunity it is probably worth closer analysis.
Also included is the one minute chart for that fifteen minute bar plus.