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Billytt Die happy trading e/j daily breakout

  • #16,101
  • Mar 27, 2017 6:20pm Mar 27, 2017 6:20pm
Quoting shawneo
{quote} Seems like a good place to buy. thats what i did. {image}
Hello Shawneo and welcome, ask questions, post just go with the flow.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,102
  • Mar 27, 2017 6:27pm Mar 27, 2017 6:27pm
Quoting turnip15
More testing on the 30min -7:30 to 8 am bar. I make it a loser -down bar ( 8 bars from the right) broke short and promptly reversed). Couldn't see a profitable 123 there Lem ? Comment welcome. {image}
Hi Mr T, i think with Dax you have certain times of day to trade it as it doesnt respond to the usual trade patterns.
At 08-00 it does trigger and retrace a lot but not always, but you trade the trigger and be prepared to trade the retrace.
same with the 06-55 bar, it normally opens at 07-00 the opposite colour but not always. Looking at it this time could be extremely profitable . BUT i do not have enough stats yet. The 15-00 break is also good.
You just need to be ready to trade the opposite end after retrace.
Hope you are well..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,103
  • Mar 27, 2017 6:46pm Mar 27, 2017 6:46pm
Mon Dax, 07-55 bar. Both ends failed but i did well on the first short break due to a manual entry. i only needed one trade to go in.
Do it again later today.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,104
  • Mar 27, 2017 7:13pm Mar 27, 2017 7:13pm
Quoting wannalearn12
I suck at exits but here is what today brought. {image}
It is difficult to gauge. You can always look for a clue, 00, pivot etc. and it is very easy to see after the event.
You can always look for daily range to help.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,105
  • Mar 27, 2017 7:17pm Mar 27, 2017 7:17pm
Quoting TooSlow
{quote} ??? What is that ???
Rubbish for this, is what it is, lol...
  • #16,106
  • Mar 28, 2017 1:58am Mar 28, 2017 1:58am
t 07-56 same as yesterday, Trade dax off the 07-55. Lets hope it has a decent colour to trade off.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,107
  • Mar 28, 2017 2:13am Mar 28, 2017 2:13am
t 08-11 S. same as yesterday FAIL, lol.
But i managed to salvage it. You cannot beat live testing.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,108
  • Mar 28, 2017 2:39am Mar 28, 2017 2:39am
Had to drop the FrankenBreak this morning as I had four 1-2-3 trades trigger in what seemed like as many minutes, lol. Both variants would have had to involve a counter and while #2 has hit its target, #1 is still faffing around.

There are only so many plates one can spin on sticks . I need to go lie down in a dark room for a bit...

Trade well, all.
  • #16,109
  • Mar 28, 2017 2:48am Mar 28, 2017 2:48am
Quoting lemercenaire
Had to drop the FrankenBreak this morning as I had four 1-2-3 trades trigger in what seemed like as many minutes, lol. Both variants would have had to involve a counter and while #2 has hit its target, #1 is still faffing around. There are only so many plates one can spin on sticks . I need to go lie down in a dark room for a bit... Trade well, all.
OR, build a patio or raised bed lol. That is why i only trade one pair or sometimes 2.
Today dax was playing around and i don't feel confident with it, but i gained .Then i saw a nice set up on A/U 07-30 break. It broke High then retraced so i went long and stole 5% even before the +10 was made. yay. I am away very soon.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,110
  • Mar 28, 2017 2:59am Mar 28, 2017 2:59am
Update: FB v#1 just closed - the operative word being ''just'' lol...

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As noted, I wasn't in on the FB today.

Having issues over with my H4 Billy-Bar on the Brent-US Crude Diff, where the clock change here has really messed up the timings on the bars. I now have the option of the 01.00 - 05.00 or 05.00 - 09.00 bars. The previous looks perfect on the charts looking back but that's deceptive, as the markets are effectively closed and you can't trade that, so that leaves the latter, which just feels too much like getting to the party far too late. Not amused in Villa Gorilla...
  • #16,111
  • Mar 28, 2017 3:13am Mar 28, 2017 3:13am
Cable 4 hour ( 4 am) break
"Billy" style straight break or Lems "Wick Style" - got the ten pips.
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every Saint has a past. Every Sinner has a Future
  • #16,112
  • Mar 28, 2017 3:22am Mar 28, 2017 3:22am
Dax 30 minute bar ( 7:30 am to 8 am) was a fail, long or short, for me.
I don't think a "wick zone" would have helped but any comment welcome ?
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every Saint has a past. Every Sinner has a Future
  • #16,113
  • Mar 28, 2017 6:35am Mar 28, 2017 6:35am
I say Lem !
Is this a 123 ?
Maybe another 123 some 4 bars to the right from circle ?
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every Saint has a past. Every Sinner has a Future
  • #16,114
  • Mar 28, 2017 7:32am Mar 28, 2017 7:32am
Well, Mr-T should be strutting off happy-as-a-chappy-in-Happy-Chappy-Land...

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Over in the corner, however, is me, myself and I...having seriously out-thunked myself . I didn't like the look of EJ and nothing else really jumped out either. CW the fact that a bunch of mega 1-2-3 trades and the FB had given me a good cushion to work with, I figured that I'd play the K-Gap on The DAX-Monster. It was an ok-looking set-up anyway and that coupled with the likelihood of a move South to close the opening gap gave me a rush of blood to - well, somewhere but it sure wasn't my head.

So now I'm just...waiting...waiting....waiting...zzzzzzzzzzzzzz...

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  • #16,115
  • Mar 28, 2017 7:34am Mar 28, 2017 7:34am
Quoting lemercenaire
Well, Mr-T should be strutting off happy-as-a-chappy-in-Happy-Chappy-Land... {image} Over in the corner, however, is me, myself and I...having seriously out-thunked myself . I didn't like the look of EJ and nothing else really jumped out either. CW the fact that a bunch of mega 1-2-3 trades and the FB had given me a good cushion to work with, I figured that I'd play the K-Gap on The DAX-Monster. It was an ok-looking set-up anyway and that coupled with the likelihood of a move South to close the opening gap gave me a...
HAHA, somewhere it seems.
  • #16,116
  • Mar 28, 2017 7:37am Mar 28, 2017 7:37am
Quoting turnip15
Dax 30 minute bar ( 7:30 am to 8 am) was a fail, long or short, for me. I don't think a "wick zone" would have helped but any comment welcome ? {image}
Yeah, sorry, Mr-T. Not much on there at all. The only two options would have been to just call it a bust and move on or wait till the US Open and play it there, knowing how much price returns to the Open Zones. That looks like it would have paid off just now, with a Southbound flight...

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  • #16,117
  • Mar 28, 2017 7:43am Mar 28, 2017 7:43am
Quoting turnip15
I say Lem ! Is this a 123 ? Maybe another 123 some 4 bars to the right from circle ? {image}
Nope, sorry, bud. No 1-2-3. The 1-2-3 set-up bar has to be a new High on the day (the broker's day, not session).

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  • #16,118
  • Mar 28, 2017 8:39am Mar 28, 2017 8:39am
Quoting lemercenaire
{quote} Nope, sorry, bud. No 1-2-3. The 1-2-3 set-up bar has to be a new High on the day (the broker's day, not session). {image}
I do see a 123 off that big wicked off red candle

someone lend me some aid!! my exits are so bad.
  • #16,119
  • Mar 28, 2017 8:53am Mar 28, 2017 8:53am
Quoting lemercenaire
{quote} Nope, sorry, bud. No 1-2-3. The 1-2-3 set-up bar has to be a new High on the day (the broker's day, not session). {image}
Bowlocks !! The low trade ( the first trade mentioned -red arrow) was okay though ?
But here is the one that matters -the CAD "Dead Zone" and "Wick zone" trade. Feint North but not enough to trigger a long, and then a nice drop South.
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every Saint has a past. Every Sinner has a Future
  • #16,120
  • Mar 28, 2017 8:56am Mar 28, 2017 8:56am
Quoting turnip15
{quote} Bowlocks !! The low trade ( the first trade mentioned) was okay though ? But here is the one that matters -the CAD "Dead Zone" and "Wick zone" trade. Feint North but not enough to trigger a long, and then a nice drop South. {image}
That is some nice price action my sir!!!
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