Billytt Die happy trading e/j daily breakout

Was supposed to be taking a back seat today...won't do much, I said...do some reading, I said...huh...

EJ - just too easy to let go by.


North-Bound flight out of the Southern Alien Airspace.

Break long failed then
Yep, long fail.

short back into wick zone of DZ bar
You could have taken it this way but I don't usually enter going into the WZ, so as such I'd probably have waited till the Mid-line. This also would give even a little more room to breathe.
If I didn't take a trade here and let the original long run, I wouldn't be willing to give it the whole -10pips, so would have cut it off at halfway, for -5. (As it turns out, it didn't go all the way out).

and exit wick zone of DZ bar then.........
I would then have waited and entered going long up out of the lower WZ (not Mid-Line, as price could have pivoted around that). You'd bag, what, +13 pips, so come out ahead whichever trade-management you used.

Long on crossing back into wick zone of DZ bar ?
As noted, not going in, go long coming out.
(You actually can't enter going into the WZ here, as price never made it all the way out but turned inside the zone.)

If in doubt, just remember - ''trade going out''...

Thanks Lem :-)

Have you been sniffing the whisky decanter again :-)

Lol - TS don' need no artifishul stimyoolants...

(There is a Frequency Distribution tool available ''out there'' )

Frankfurt Break today. Didn't trade it this morning, so just for the record.

Hi all, i got back not long ago. Christmas dance was BRILLIANT as expected. i had trouble with this Pc earlier so i put it back on factory settings. Hopefully everything is ok.

Welcome back, Billy. Thought you might have danced your way to the moon there for a minute!

I'm done for the holidays.

Well, well, interesting day. As mentioned earlier, I didn't trade the Frankfurt Break as I had figured I would be slowing down today - yeah right. Played in TooSlow's 1-2-3 yard for a bit...well, ok, pretty much all day, lol. A good GU, teamed with top-and-tailing the day (or to be more exact, tailing-and-topping) with EJ, all the way up the hill and all the way down again...magic.

Of course, the day wouldn't be complete without a trip to the Dead Zone and luckily EJ delivered there for me also. EJ is definitely on my Christmas Card list now.
All the pairs delivered in one way or another, mostly with WZ trades, with a couple of small BreakOuts thrown into the mix. Even if you'd just waited for WZ moves, you'd be doing just fine, in fact you could be in one on Cable right now if you'd still been up for the play.

EURJPY


USDCAD


AUDUSD


USDNOK


GBPNZD

Audnzd


gbpusd


cadjpy


nzdusd


nzdjpy

XAUUSD

I'm thinking that's me for the duration as well. Nice day to finish and I'm busy with ''stuff'' tomorrow. So unless it's a real quickie, yep, me too.
I'll still post the charts for the record.

Morning, t 08-12
A/U broke low then retraced a touch.

2 trades running one at 7227 and other at 7231both short. Range of 04-00 bar is 18. a bit short but hey ho.
I have left Cable for the moment.

edit, i show 2 minute chart so you can see.

t 08-15. Cable has made + 5 but i have not traded it.

t 08-31 A/U has made+5 but not +10 (yet) but it doesn't matter lol.
we had break, retrace break of low again then another retrace.( I didnt trade second one)
I am now finished trading until after Christmas, Today was Christmas trading .


i show 2 minute chart so you can see,

08-40 Cable looks tempting with it being consolidating. I shall just watch lol.

EG had a Frankfurt Break range of a HUGE range of 7 pips, lol! I couldn't resist it...

Just for you, Billy...

I wouldn't be surprised if the big guys swing Cable both ways to kill the little guys..