Billytt Die happy trading e/j daily breakout | Page 632 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #12,621
  • Dec 5, 2016 4:11pm Dec 5, 2016 4:11pm
Quoting lemercenaire
{quote} Yep, AU and CJ had a similar movement profile but you certainly picked a good 'un there.
Yes- I trade only that one forex pair and the Dax I trade via another approach. I might keep to the Cad now as it seems to move 10 pips or above more often than it doesn't.
every Saint has a past. Every Sinner has a Future
  • #12,622
  • Dec 5, 2016 4:41pm Dec 5, 2016 4:41pm
G/U consolidation forming on the M15 bouncing above the pivot.
Attached Image (click to enlarge)
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  • #12,623
  • Dec 5, 2016 4:56pm Dec 5, 2016 4:56pm
Billy do you like daily outside bars? I see one on AJ... is that something like you used to hit?
  • #12,624
  • Dec 5, 2016 5:54pm Dec 5, 2016 5:54pm
Hi folks. All I got done today was a bit-of-this-and-a-bit-of-that, as and when I could fit it in. I had no time to devote my full attention to the Dead Zone set-ups but as always, here they are for the record.

EURJPY
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USDCAD
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AUDUSD
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USDNOK
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GBPNZD
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  • #12,625
  • Dec 5, 2016 5:57pm Dec 5, 2016 5:57pm
Audnzd
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gbpusd
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cadjpy
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nzdusd
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nzdjpy
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  • #12,626
  • Dec 5, 2016 5:57pm Dec 5, 2016 5:57pm
XAUUSD
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM30deadzone5thdec16.png Size: 31 KB
  • #12,627
  • Dec 5, 2016 6:20pm Dec 5, 2016 6:20pm
Quoting wannalearn12
Billy do you like daily outside bars? I see one on AJ... is that something like you used to hit?
Hi, outside bars are just as good, but i prefer inside bars lol. Normally with OB you will have a bigger range to correct if it goes bad.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,628
  • Dec 5, 2016 6:23pm Dec 5, 2016 6:23pm
A/U modest Daily range of 50 was made, cannot say more...
Attached Image

A = 04-00 bar, ( H -L) high low of range... the high has been adjusted as i said.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,629
  • Dec 5, 2016 6:26pm Dec 5, 2016 6:26pm
Cable, modest Daily Range of 100 almost made it ( made 90)
Attached Image

A = 04-00 bar..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,630
  • Dec 5, 2016 6:33pm Dec 5, 2016 6:33pm
Quoting billytt
{quote} Hi, outside bars are just as good, but i prefer inside bars lol. Normally with OB you will have a bigger range to correct if it goes bad.
Outside Bars make great WZ trades, doubly so if they have come at a new H/L.
  • #12,631
  • Dec 5, 2016 6:48pm Dec 5, 2016 6:48pm
Quoting lemercenaire
{quote} Outside Bars make great WZ trades, doubly so if they have come at a new H/L.
yes indeed, it is just preference with me. i have traded many obs in the past..But like i said, i specialise in fixing bad trades lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,632
  • Dec 5, 2016 6:56pm Dec 5, 2016 6:56pm
[quote=lemercenaire;9319086]Hi folks. All I got done today was a bit-of-this-and-a-bit-of-that, as and when I could fit it in. I had no time to devote my full attention to the Dead Zone set-ups but as

awesome charts again Lem, thanks
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,633
  • Dec 5, 2016 6:57pm Dec 5, 2016 6:57pm
Quoting billytt
{quote} yes indeed, it is just preference with me. i have traded many obs in the past..But like i said, i specialise in fixing bad trades lol
I always start from an expectation-bias that an Inside Bar is more likely to give a breakout of its range, while an Outside Bar, probably looking to trade inside.
  • #12,634
  • Dec 5, 2016 7:23pm Dec 5, 2016 7:23pm
Quoting lemercenaire
{quote} I always start from an expectation-bias that an Inside Bar is more likely to give a breakout of its range, while an Outside Bar, probably looking to trade inside.

yes, i cannot argue with that bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,635
  • Dec 5, 2016 7:43pm Dec 5, 2016 7:43pm
Mulling...pondering...wondering out loud...EURCAD...Short, anyone?

Showing a tiny H1 range...Set up for a probable reversing of Bull Daily candle..Short H4 Wick-Zone trade already under way.

However...Currency Strength Meter shows Buy...just! Lol.

Just a thought

Maybe I'll just go to bed...See you all tomorrow!

Edit: CSM just flipped to Sell-ish hahaha...Trading, don't ya just lurve it!
  • #12,636
  • Dec 5, 2016 8:44pm Dec 5, 2016 8:44pm
Quoting lemercenaire
Mulling...pondering...wondering out loud...EURCAD...Short, anyone? Showing a tiny H1 range...Set up for a probable reversing of Bull Daily candle..Short H4 Wick-Zone trade already under way. However...Currency Strength Meter shows Buy...just! Lol. Just a thought Maybe I'll just go to bed...See you all tomorrow! Edit: CSM just flipped to Sell-ish hahaha...Trading, don't ya just lurve it!
its a beast. Follow my rules I win. sometimes still lose. Lolol
  • #12,637
  • Dec 5, 2016 9:52pm Dec 5, 2016 9:52pm
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  • #12,638
  • Dec 5, 2016 10:29pm Dec 5, 2016 10:29pm
Quoting claudia1
{image}{image}
Beautiful numbers to trade off of.
  • #12,639
  • Dec 6, 2016 2:16am Dec 6, 2016 2:16am
AU was simple and fun today. Took AJ madam's style. Oh so sweet! Didn't get to take EG I was sleep.. looked juicy though. Up 1%. Will wait for next moves. Cheers. Cable seems out of it. No idea what's going on there.

Edit: EU looks nice long... might take a bite. and be done for the day.
  • #12,640
  • Edited 2:43am Dec 6, 2016 2:28am | Edited 2:43am
t 08-28
A/U low broke for +5, even though the + 10 hasn't been made yet...
Attached Image

A = 04-00 bar.
with modest 50 adr on ( H -L)

edit,,, i posted wrong chart so put todays on, duh !!!
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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