Attachments: Billytt Die happy trading e/j daily breakout

Billytt Die happy trading e/j daily breakout

#13,441
Jan 5, 2017 4:56am Jan 5, 2017 4:56am

billytt
Joined Feb 2009 | Status: Trader | 25,867 Posts

Quoting turnip15

Disliked

{quote} They like mashed potato ( if you are old enough to remember) :-)

Ignored

we smash them all to pieces ha ha ha ha

SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.

#13,442
Jan 5, 2017 6:39am Jan 5, 2017 6:39am

billytt
Joined Feb 2009 | Status: Trader | 25,867 Posts

t 12-39 A/U nothing stopping the brave from shorting again. The +10 hasn't been made yet...

SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.

#13,443
Jan 5, 2017 8:13am Jan 5, 2017 8:13am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Quoting billytt

Disliked

{quote} we smash them all to pieces ha ha ha ha

Ignored

Everyone that's not a Brit is now wondering what we've been smoking, lol.

Me? I love a bit of mash...

#13,444
Jan 5, 2017 8:15am Jan 5, 2017 8:15am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Had to be done...

Inserted Video

#13,445
Jan 5, 2017 8:17am Jan 5, 2017 8:17am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Hey Billy - Your Dax-Monster was on spectacular form this morning, eh?!

Do you take into account the K-Gap phenomenon? Looking at this, you can see where your preference for direction would lie for sure.

Attached Image (click to enlarge)

Click to Enlarge

Name: GER30M15Billys07.45DAXmonster+K-Gap5thjan17.png
Size: 30 KB

#13,446
Jan 5, 2017 8:22am Jan 5, 2017 8:22am

billytt
Joined Feb 2009 | Status: Trader | 25,867 Posts

Quoting lemercenaire

Disliked

Hey Billy - Your Dax-Monster was on spectacular form this morning, eh?! Do you take into account the K-Gap phenomenon? Looking at this, you can see where your preference for direction would lie for sure. {image}

Ignored

still working on it, like yesterday the first break failed, but i got in on 2nd break then scalped.
today high failed then i shorted for a few then long. now scalping lol. over 100% in 2 days (small lot)

SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.

#13,447
Jan 5, 2017 8:51am Jan 5, 2017 8:51am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Initial moves for the Dax in The Dead Zone...

Long out of the Lower-

-Airspace.

Attached Image (click to enlarge)

Click to Enlarge

Name: GER30H1DeadZoneDax-MonsterforBilly5thjan17.png
Size: 37 KB

#13,448
Jan 5, 2017 9:00am Jan 5, 2017 9:00am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Having fun with UC, Mr T?

Attached Image (click to enlarge)

Click to Enlarge

Name: USDCADH1uhavingfunonUCMrT5thjan17.png
Size: 31 KB

#13,449
Jan 5, 2017 9:41am Jan 5, 2017 9:41am

turnip15
Joined Sep 2006 | Status: Trader | 10,704 Posts

Quoting lemercenaire

Disliked

Having fun with UC, Mr T? {image}

Ignored

Hi lem,
I'm not trading this week but I think the next hourly bar might have triggered ( LONG) your dead zone by firstly heading south from open then reversing back into the wick of the dead zone bar ?
The last bar triggers a short by going up into body of wz bar then reversing short out of wz area ?

every Saint has a past. Every Sinner has a Future

#13,450
Jan 5, 2017 9:56am Jan 5, 2017 9:56am

turnip15
Joined Sep 2006 | Status: Trader | 10,704 Posts

Quoting billytt

Disliked

{quote} still working on it, like yesterday the first break failed, but i got in on 2nd break then scalped. today high failed then i shorted for a few then long. now scalping lol. over 100% in 2 days (small lot)

Ignored

Billy -your Dax scalps/trades - do you drop to the 5 minute charts to trade the 7.45 am to 8 am bar breaks ?

Attached Image (click to enlarge)

Click to Enlarge

Name: Dax15m1554.jpg
Size: 556 KB

every Saint has a past. Every Sinner has a Future

#13,451
Jan 5, 2017 10:54am Jan 5, 2017 10:54am

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Quoting turnip15

Disliked

{quote} Hi lem, I'm not trading this week but I think the next hourly bar might have triggered ( LONG) your dead zone by firstly heading south from open then reversing back into the wick of the dead zone bar ? The last bar triggers a short by going up into body of wz bar then reversing short out of wz area ?

Ignored

Yes to both counts. A bit more fiddly than usual but again, a good example of how not allowing oneself to panic is a priceless ability.

Failed short into a counter WZ Long, then WZ short heading back down. You'd either then have been able to continue on out the zone completely in one move or close the first and enter again on the BO short (I haven't gone to look at the full minute-by-minute price movement but it would be one or the other).

#13,452
Jan 5, 2017 4:28pm Jan 5, 2017 4:28pm

turnip15
Joined Sep 2006 | Status: Trader | 10,704 Posts

@Billytt and others.
An interesting video of a person, whom I follow, among others, on FF. ( Clive Packham and Divergence )

Inserted Video

every Saint has a past. Every Sinner has a Future

#13,453
Jan 5, 2017 4:48pm Jan 5, 2017 4:48pm

wannalearn12
| Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts

Something is going to happen,

Attached Image (click to enlarge)

Click to Enlarge

Name: GUpretty.jpg
Size: 75 KB

#13,454
Jan 5, 2017 4:54pm Jan 5, 2017 4:54pm

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Quoting wannalearn12

Disliked

Something is going to happen, {image}

Ignored

Yep...Heads or Tails?

#13,455
Jan 5, 2017 4:56pm Jan 5, 2017 4:56pm

wannalearn12
| Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts

Quoting lemercenaire

Disliked

{quote} Yep...Heads or Tails?

Ignored

If it does go up it should hit 1.25 right?

#13,456
Jan 5, 2017 4:58pm Jan 5, 2017 4:58pm

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Quoting lemercenaire

Disliked

{quote} Yep...Heads or Tails?

Ignored

An interesting overview...

Attached Image (click to enlarge)

Click to Enlarge

Name: GBPUSDH1areasofattractionat5thjan17.png
Size: 66 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: GBPUSDH1areasofattractionat5thjan17cu.png
Size: 55 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: GBPUSDM30areasofattractionat5thjan17.png
Size: 46 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: GBPUSDM30areasofattractionat5thjan17+fib.png
Size: 47 KB

I wonder what Ms Claudia's take is on it all?

#13,457
Jan 5, 2017 4:59pm Jan 5, 2017 4:59pm

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

Quoting wannalearn12

Disliked

{quote} If it does go up it should hit 1.25 right?

Ignored

Top edge of that high zone is 1.246...

#13,458
Jan 5, 2017 5:33pm Jan 5, 2017 5:33pm

lemercenaire
Joined Oct 2015 | Status: Trader | 18,269 Posts

The Dead Zone would have required a mixed bag of techniques today, depending on your chosen pair.

I went with Billy's DAX, purely because I was already looking at the 07:45 candle break and although it wasn't as spectacular as some of the others, it was straight forward enough, with little drama.

Of the others, there were major moves (albeit after original fake-outs, again easily enough handled) on Mr T's UC, AU, UNoK, AN, NU, UJ, Gold and of course GU.

Of the remaining six, GN spiked its way through the day, CJ made one move and was over, NJ bumbled along and would have needed tight spreads to play with.

GJ kind of mirrored EJ, which had an ok move and then gave up on the day with a whimper, while Oil nearly jumped off the chart before going back to sleep in the corner.

EURJPY

Attached Image (click to enlarge)