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Billytt Die happy trading e/j daily breakout

  • #8,961
  • Jun 21, 2016 5:54am Jun 21, 2016 5:54am
Update.
Cable at 1152 am
( 4 am Cable - 4 hour break)
Attached Image (click to enlarge)
Click to Enlarge Name: CableBill1152.jpg Size: 529 KB
every Saint has a past. Every Sinner has a Future
  • #8,962
  • Jun 21, 2016 7:39am Jun 21, 2016 7:39am
Quoting turnip15
Update. Cable at 1152 am ( 4 am Cable - 4 hour break) {image}
Watch out 15.00 Janet Yellen on - she can cause chaos.
  • #8,963
  • Edited 10:18am Jun 21, 2016 9:55am | Edited 10:18am
A/U modest range almost made it , then retrace. Lets see if we can gather a bonus points.
Attached Image


edit,, the modest range low was the same as the 04-00 +10 low , I will add chart later . so a few extra points was made. Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,964
  • Jun 21, 2016 10:19am Jun 21, 2016 10:19am
Quoting claudia1
A/U 20 ADR 79.0 today so far 52.1 The indicator I use is attached. {file}
that is close enough, my calculated 20 adr is 78.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,965
  • Jun 21, 2016 10:25am Jun 21, 2016 10:25am
Quoting billytt
{quote} that is close enough, my calculated 20 adr is 78.
Agree- a point here and there doesn't really matter.
  • #8,966
  • Jun 21, 2016 5:59pm Jun 21, 2016 5:59pm
A/U
modest daily range of 60. high and low met
Attached Image


do it again tomorrow Wed,,, t 23-59
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,967
  • Jun 22, 2016 2:11am Jun 22, 2016 2:11am
morning, I am not trading A/U unless it drops past 04-00 low.
Attached Image

A = 04-00 candle.
chart shows modest range and a 78 adr. chart made just after 08-00.
trade well.
As we have movement we shall adjust the range.
trade well all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,968
  • Edited 2:30am Jun 22, 2016 2:20am | Edited 2:30am
Quoting billytt
I am not trading A/U unless it drops past 04-00 low.
Morning Billy.

What is your reasoning for this?

Is it because it is relatively close to the modest high range?
EDIT: Or is it the chance of Cable exploding higher as you mention below and since AU is inverse in action then you would expect this to go down in that case?

ps - my ADR matching now - thanks again Claudia for the indicator :-)

Thanks
  • #8,969
  • Jun 22, 2016 2:21am Jun 22, 2016 2:21am
short range on Cable, I wonder why? lol.
it should explode and make people lots of £££££/%%%% but not for me. I am leaving it alone.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,970
  • Jun 22, 2016 5:30am Jun 22, 2016 5:30am
[quote=bluemosaic;8992682]{quote} Morning Billy. What is your reasoning for this? Is it because it is relatively close to

Hello, my reason is because I had to go out. I did not want to leave an open trade just in case it went bad. It was good though as you will see in next post.
The modest high was 14 above the 04-00 high so a few extra points could be made instead of the +5 (10).
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,971
  • Jun 22, 2016 5:32am Jun 22, 2016 5:32am
A/U 04-00 broke for 10 and the modest high made for +14 ( before spread etc)
Attached Image

A = 04-00 candle

t 11-31
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,972
  • Jun 22, 2016 6:18am Jun 22, 2016 6:18am
A/U ... I have adjusted the low range lines just in case it drops, so we can have the modest range and maybe normal adr of 78/79.
If it doesn't no problem.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,973
  • Jun 22, 2016 6:37am Jun 22, 2016 6:37am
Quoting billytt
A/U ... I have adjusted the low range lines just in case it drops, so we can have the modest range and maybe normal adr of 78/79. If it doesn't no problem. {image}
Price lying around the big round number at 7500 which has acted as resistance on quite a few times previously. That tied with upper range of ADR could increase likelihood of drop. There are a few major USD related announcements in a few hours.
  • #8,974
  • Jun 22, 2016 6:39am Jun 22, 2016 6:39am
For GU - the chart on the G/U thread - at post #433086 at http://www.forexfactory.com/showthre...378&page=21655 helps clarify the movement ;-)
  • #8,975
  • Jun 22, 2016 6:51am Jun 22, 2016 6:51am
I am staying away from Cable market for this week.
every Saint has a past. Every Sinner has a Future
  • #8,976
  • Jun 22, 2016 7:00am Jun 22, 2016 7:00am
Quoting turnip15
I am staying away from Cable market for this week.
absolutely - was just joking.
:-)
  • #8,977
  • Jun 22, 2016 7:08am Jun 22, 2016 7:08am
Quoting bluemosaic
{quote} absolutely - was just joking. :-)
Hello Nlue.
No probs. I wasn't replying to your post. I was just making a general comment.
every Saint has a past. Every Sinner has a Future
  • #8,978
  • Jun 22, 2016 7:52am Jun 22, 2016 7:52am
Quoting turnip15
I am staying away from Cable market for this week.
Good idea.
  • #8,979
  • Edited 12:25pm Jun 22, 2016 10:32am | Edited 12:25pm
Quoting bluemosaic
{quote} Morning Billy. What is your reasoning for this? Is it because it is relatively close to the modest high range? EDIT: Or is it the chance of Cable exploding higher as you mention below and since AU is inverse in action then you would expect this to go down in that case? ps - my ADR matching now - thanks again Claudia for the indicator :-) Thanks
You welcome. Have a play with my EA Hanover coded for me. (lol if you read this David it seems such a long time ago).
Attached File(s)
File Type: mq4 CWB.mq4   80 KB | 190 downloads
  • #8,980
  • Jun 22, 2016 12:31pm Jun 22, 2016 12:31pm
Hi all. I am in hosptal looking after a nurse. Shocking that this should happen
Catch you later when I get home.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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