Billytt Die happy trading e/j daily breakout | Page 790 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #15,781
  • Mar 17, 2017 1:17am Mar 17, 2017 1:17am
Quoting claudia1
{quote} lol delete !
I know - who'd be a pundit ...moving swiftly on...If you look at the H4 there, price is now bouncing on the Fib50 (for those who make note of such things - and a lot do, which makes them useful).
  • #15,782
  • Mar 17, 2017 1:18am Mar 17, 2017 1:18am
Trying to make sense of the Dax...that way madness lies, lol.
  • #15,783
  • Mar 17, 2017 1:27am Mar 17, 2017 1:27am
Quoting lemercenaire
{quote} I know - who'd be a pundit ...moving swiftly on...If you look at the H4 there, price is now bouncing on the Fib50 (for those who make note of such things - and a lot do, which makes them useful).
Don't use fibs but just put one on 4h dax and its at 38.2 which happens to be S1 floor pivot.

Ever used camarilla ? Friend of mine swears by them.
  • #15,784
  • Mar 17, 2017 1:30am Mar 17, 2017 1:30am
t approx 08-22. DAX
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We had break of 07-55 Low i managed +10 and I actually bottled it. lol
I am so used to hunting +5. It actually dropped +20 on that chart.

I am using another persons stats most of which i understand and they are good for countering .
It hasn't happened yet but am sure it will.

edit, that is a 10 day ma on chart, lol, it means jack to me, no need for it, dont ask why it is on.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,785
  • Mar 17, 2017 1:33am Mar 17, 2017 1:33am
Quoting claudia1
{quote} Don't use fibs but just put one on 4h dax and its at 38.2 which happens to be S1 floor pivot. Ever used camarilla ? Friend of mine swears by them.
Yeah, that level looks magnetic for now. Have looked at Camarilla cw CCI in days gone by for scalping but they're in the box marked ''been-there-done-that'' just now.
  • #15,786
  • Mar 17, 2017 1:35am Mar 17, 2017 1:35am
Quoting lemercenaire
Looks like the DAX-Monster will head north looking to fill the gap (maybe, possibly, could do), whether it does it at a snail's pace or 1000mph is anyone's guess though, lol.
It is easy to answer after the event, i too would of expected it to go North Lem but those inside bars told a story. As Claudia posted earlier about trend lines, the daily trend is up and i am sure it will stay on path up. Dont ask when as i will only trade off a High/Low break.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,787
  • Mar 17, 2017 1:37am Mar 17, 2017 1:37am
Quoting claudia1
{quote} Don't use fibs but just put one on 4h dax and its at 38.2 which happens to be S1 floor pivot. Ever used camarilla ? Friend of mine swears by them.
I had to go look in ''The Black Book'' to remind myself but (it seems) I used levels S3 and R3 as entry levels. I may have just dreamt that for all it means to me now...
  • #15,788
  • Mar 17, 2017 1:40am Mar 17, 2017 1:40am
Quoting billytt
{quote} It is easy to answer after the event, i too would of expected it to go North Lem but those inside bars told a story. As Claudia posted earlier about trend lines, the daily trend is up and i am sure it will stay on path up. Dont ask when as i will only trade off a High/Low break.
The best thing I ever did was switch to the ''Trade-a-Line'' approach. Who cares what direction price moves and what caused it to do so, so long as it crosses that line I'm in. The only thing all that extra stuff could be said to be good for is to give me an idea of how long-lived any particular move might last.
  • #15,789
  • Mar 17, 2017 1:42am Mar 17, 2017 1:42am
Quoting lemercenaire
{quote} The best thing I ever did was switch to the ''Trade-a-Line'' approach. Who cares what direction price moves and what caused it to do so, so long as it crosses that line I'm in. The only thing all that extra stuff could be said to be good for is to give me an idea of how long-lived any particular move might last.
This is another reason why I am struggling to accept any Bias Confirmation signals for The Dead Zone, lol.
  • #15,790
  • Mar 17, 2017 1:43am Mar 17, 2017 1:43am
Quoting billytt
{quote} It is easy to answer after the event, i too would of expected it to go North Lem but those inside bars told a story. As Claudia posted earlier about trend lines, the daily trend is up and i am sure it will stay on path up. Dont ask when as i will only trade off a High/Low break.
Open below dp and break of t/l on 60m = high probability win to me. Simple stuff.
  • #15,791
  • Mar 17, 2017 1:44am Mar 17, 2017 1:44am
Quoting lemercenaire
{quote} I know - who'd be a pundit ...moving swiftly on...If you look at the H4 there, price is now bouncing on the Fib50 (for those who make note of such things - and a lot do, which makes them useful).
Fibs, friend here says leave Fibs to nature.. she says the 60ish % number shows some sort of merit as a holding area but she isnt a trader.
They are definately no good to me and if anyone would like to elaborate on it please do and maybe stick a chart up before the event. Maybe we can see a resistance/support area based on fibs.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,792
  • Mar 17, 2017 1:46am Mar 17, 2017 1:46am
Quoting lemercenaire
{quote} This is another reason why I am struggling to accept any Bias Confirmation signals for The Dead Zone, lol.
This is what this game does to you - you work weird hours and start talking to yourself !
  • #15,793
  • Mar 17, 2017 1:48am Mar 17, 2017 1:48am
Quoting lemercenaire
{quote} The best thing I ever did was switch to the ''Trade-a-Line'' approach. Who cares what direction price moves and what caused it to do so, so long as it crosses that line I'm in. The only thing all that extra stuff could be said to be good for is to give me an idea of how long-lived any particular move might last.
i agree 100% with you Lem,cross the line even though i will always feel better shorting lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,794
  • Mar 17, 2017 1:49am Mar 17, 2017 1:49am
Quoting claudia1
{quote} This is what this game does to you - you work weird hours and start talking to yourself !
lol, i have a friend who only i can see yay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,795
  • Mar 17, 2017 1:53am Mar 17, 2017 1:53am
Quoting billytt
{quote} Fibs, friend here says leave Fibs to nature.. she says the 60ish % number shows some sort of merit as a holding area but she isnt a trader. They are definately no good to me and if anyone would like to elaborate on it please do and maybe stick a chart up before the event. Maybe we can see a resistance/support area based on fibs.
Here you go.
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  • #15,796
  • Mar 17, 2017 1:55am Mar 17, 2017 1:55am
t08-55 my
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,797
  • Mar 17, 2017 2:07am Mar 17, 2017 2:07am
t 09-02, was just posting. dax was in my pre 08-00 area and broke the High for +10 lol, i bottled it again. and i am done for the day.
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,798
  • Mar 17, 2017 2:09am Mar 17, 2017 2:09am
Another one worth watching for next week. Consolidating after a big move.
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  • #15,799
  • Mar 17, 2017 2:11am Mar 17, 2017 2:11am
Quoting claudia1
{quote} Here you go. {image}
Thanks Claudia, i dont actually understand it lol, and i cannot see anything there.i see how i would trade though. Thanks
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,800
  • Mar 17, 2017 2:12am Mar 17, 2017 2:12am
Quoting claudia1
Another one worth watching for next week. Consolidating after a big move. {image}
yay, that looks good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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