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Billytt Die happy trading e/j daily breakout

  • #14,181
  • Jan 25, 2017 4:57am Jan 25, 2017 4:57am
Cable 4 am "Billy" Bar. A nice Long.
Maybe a Lem type "Wick" Zone trade might have worked but I don't think a "wick" protruded from the low of the green candle into the WZ of the arrowed 4 am bar ?
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every Saint has a past. Every Sinner has a Future
  • #14,182
  • Edited 7:15am Jan 25, 2017 7:03am | Edited 7:15am
Quoting learn2fly
grabbed, 5pips from aud, and 5 from cable.
Using The Dead Zone?

EDIT: DUH, obviously not, given the time posted. Billy's 04:00 then.
  • #14,183
  • Jan 25, 2017 7:06am Jan 25, 2017 7:06am
Quoting turnip15
Cable 4 am "Billy" Bar. A nice Long. Maybe a Lem type "Wick" Zone trade might have worked but I don't think a "wick" protruded from the low of the green candle into the WZ of the arrowed 4 am bar ? {image}
It did by a pip, I think but not likely to have triggered right at the line in the sand. You could have taken the entry at the mid-line, with the sl tight in case it pivoted.
  • #14,184
  • Jan 25, 2017 7:07am Jan 25, 2017 7:07am
Quoting lemercenaire
{quote} It did by a pip, I think but not likely to have triggered right at the line in the sand. You could have taken the entry at the mid-line, with the sl tight in case it pivoted.
Thanks Lem.
These "Wick" trades are something else.
every Saint has a past. Every Sinner has a Future
  • #14,185
  • Jan 25, 2017 7:17am Jan 25, 2017 7:17am
Quoting turnip15
{quote} Thanks Lem. These "Wick" trades are something else.
For sure. The technique has genuinely transformed my trading - turbo-charged it.
  • #14,186
  • Jan 25, 2017 7:33am Jan 25, 2017 7:33am
Looks like all the 1-2-3 and rats triggered pre market whatever. I managed to save an ej trade. And then it blew up for 20 . Argh.
  • #14,187
  • Jan 25, 2017 8:49am Jan 25, 2017 8:49am
Lems "Dead Zone" Wick trade
Price of bar goes into body of arrowed bar then heads South into WZ of arrowed bar for a nice short.
@Lem -price of the GREEN Bar -could we trade it as a break out of the top of that red inside bar or a break North of that red bars middle price?
Or should the Green Bar be treated as a long that has travelled up the wz of the arrowed original 12 to 1 pm bar and into the body of that bar -in other words going long on the green bar as its' price passed the close of the arrowed red bar?
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every Saint has a past. Every Sinner has a Future
  • #14,188
  • Edited 6:02pm Jan 25, 2017 8:49am | Edited 6:02pm
Quoting wannalearn12
Looks like all the 1-2-3 and rats triggered pre market whatever. I managed to save an ej trade. And then it blew up for 20 . Argh.
I've been picking up scraps and just entered a HOLO on UJ which looks stalled for +1 and a 1-2-3 on EU along with Hal, which bagged +11. That's about it for me today, so far.
  • #14,189
  • Jan 25, 2017 9:09am Jan 25, 2017 9:09am
Back, i took my lady to lunch and a pot of tea..
Trading, A/U broke low for exactly 10 and then High. Cable broke high for +10 and Dax went off the scale. I cannot add more. Cable + A/U are good earners..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,190
  • Jan 25, 2017 9:11am Jan 25, 2017 9:11am
Lems Dead Zone for A/U and Cable both good short trades.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,191
  • Jan 25, 2017 9:12am Jan 25, 2017 9:12am
Dancing tonight wooooooooooooooooooooooooooooooo
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,192
  • Jan 25, 2017 9:18am Jan 25, 2017 9:18am
Quoting billytt
Dancing tonight wooooooooooooooooooooooooooooooo
Enjoy Billy
every Saint has a past. Every Sinner has a Future
  • #14,193
  • Jan 25, 2017 9:19am Jan 25, 2017 9:19am
Quoting turnip15
{quote} Enjoy Billy
Hi Mr T, hope your ok...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,194
  • Jan 25, 2017 9:30am Jan 25, 2017 9:30am
@Lemercenaire
"A" is the original DZ (12 to 1pm) Bar
Question: Could the current Red bar be traded as a wick trade break short into the body of the green bar -(short being triggered where wick of Red bar had moved into wick area of Green bar THEN its' pricer (red bar) reversed South into body of green bar triggering a short ?
OR does original ( "A") (12 to 1 pm)Dead Zone bar govern subsequent Wick Zone trades?
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every Saint has a past. Every Sinner has a Future
  • #14,195
  • Jan 25, 2017 9:33am Jan 25, 2017 9:33am
Quoting billytt
{quote} Hi Mr T, hope your ok...
I'm fine. In the middle of selling my house so stressed out sometimes with lawyers and paperwork etc. Had to postpone some oil painting portrait work until later -otherwise I am a happy bunny :-)
every Saint has a past. Every Sinner has a Future
  • #14,196
  • Jan 25, 2017 11:51am Jan 25, 2017 11:51am
Quoting turnip15
{quote} I'm fine. In the middle of selling my house so stressed out sometimes with lawyers and paperwork etc. Had to postpone some oil painting portrait work until later -otherwise I am a happy bunny :-)
My lady friend had a terrible time exchanging papers on her new house.
It was the sellers solicitor at fault and she almost told them to stick it.
Anyway she got it in November and she is settling in.. Best wishes with your selling.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,197
  • Jan 25, 2017 12:31pm Jan 25, 2017 12:31pm
Comedy writers wasted no time,
Inserted Video
every Saint has a past. Every Sinner has a Future
  • #14,198
  • Jan 25, 2017 1:12pm Jan 25, 2017 1:12pm
Quoting turnip15
Comedy writers wasted no time, https://www.youtube.com/watch?v=gneBUA39mnI
Funny Stuff HaHaHa
  • #14,199
  • Edited 4:16pm Jan 25, 2017 4:04pm | Edited 4:16pm
Quoting turnip15
@Lemercenaire "A" is the original DZ (12 to 1pm) Bar Question: Could the current Red bar be traded as a wick trade break short into the body of the green bar -(short being triggered where wick of Red bar had moved into wick area of Green bar THEN its' pricer (red bar) reversed South into body of green bar triggering a short ? OR does original ( "A") (12 to 1 pm)Dead Zone bar govern subsequent Wick Zone trades? {image}
The Dead Zone bar and its Wick Zones are the triggers for all Dead Zone trades.

This does not mean that you cannot run individual WZ trades on any H1 bar you wish. In this instance you mention, I don't know why you would want to though, as you would already have been in a short from an entry on the green bar (in fact, the second trade of the day on this Dead Zone):

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In fact, for the sake of clarity and for others trying to follow this, the full breakdown of the moves would be:

Attached Image (click to enlarge)
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First move (A) went down into the lower zone then (B) up and out, triggering a trade long. This came up just short of tp (C), turning back down again, before finally getting its act together and setting off up (D) and running for tp up into the upper zone (E).

If you wanted more, there was a tiny failed breakout (F), going negative till closed as you'd go straight back in on a short out of the upper WZ (G). This would go all the way into tp at the entry into the lower WZ again (H) and etc, etc, et al...

An instance why you would want to trade the other bar as you suggested would be if you had by any chance missed the original action - but as I said, this then becomes a stand-alone WZ trade set-up and not a Dead Zone WZ Trade.

I suppose you could use it as a method of adding-in during a trade but I think if you start doing that, you stand a good chance of tying yourself in knots should it go wrong.

Now - and this shows synchronicity at work once more - for the last few days, I have been running a tight-tp scalp trial on the EJ H1 bar, looking for a quick +3 on WZ trades, on every new bar. EJ shows a particular liking for this. You can run it all day long and boy, all those +3's mount up! Early days but watch this space...
  • #14,200
  • Jan 25, 2017 4:38pm Jan 25, 2017 4:38pm
Quoting lemercenaire
{quote} The Dead Zone bar and its Wick Zones are the triggers for all Dead Zone trades. This does not mean that you cannot run individual WZ trades on any H1 bar you wish. In this instance you mention, I don't know why you would want to though, as you would already have been in a short from an entry on the green bar (in fact, the second trade of the day on this Dead Zone): USDCADH1DeadZoneegForMrT25thJan17_Ink_LI.jpg;2156533 In fact, for the sake of clarity and for others trying to follow this, the full breakdown of the moves would be: USDCADM5DeadZonewalkthruforMrT25thJan17.png;2156521...
FANTASTIC Post - will be digesting this shortly. Check out NU BZ for today. I haven't started trading it yet. Just keeping an eye on it. Watch how it moves for a week or two. EDIT: Just so happens another alien conformation made that trade really strong. Daily WZ/BOut
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