Lem's Big Box O' Stuff.

[Wizzlebizzle]

There we go. 92kb

[LeMercenaire]

There we go. 92kb

Yeah, spot on. It was - for me - a full-on Short bias all the way from 4070, with the obvious confirmation coming after the H4 Z-line at 4034 or so.

Might have seemed a little disappointing that it didn't get all the way down to the mud with these split-level zones...

GBPUSDH4downwardsdragIntoJune21st2021crop.png (36.61 KiB) Viewed 1825 times

...however, going wide, you can see exactly where it was headed.

GBPUSDH4canseeexactly21stJune2021crop.png (38.1 KiB) Viewed 1825 times

[LeMercenaire]

Detail on that...

GBPUSDH4detailonthatstopandturn21stJune2021crop.png (31.79 KiB) Viewed 1822 times

[LeMercenaire]

50% retrace is almost exactly at the level of the Kijun-sen baseline here now.

[LeMercenaire]

Mmmmmmm.....

USDCADH4mmmmm21stJune2021crop.png (31.98 KiB) Viewed 1820 times

[LeMercenaire]

Can't find the post but who was pointing out a possible move on WTI?

WTI(Dec).H1whomentionedWTI21stJune2021crop.png (33.97 KiB) Viewed 1816 times

[LeMercenaire]

Dead Horse nailed it, didn't even break out of a trot...

WTI(Dec).H1DeadHorseTookItInStride21stJune2021crop.png (30.33 KiB) Viewed 1816 times

[Wizzlebizzle]

There we go. 92kb

Yeah, spot on. It was - for me - a full-on Short bias all the way from 4070, with the obvious confirmation coming after the H4 Z-line at 4034 or so.

Might have seemed a little disappointing that it didn't get all the way down to the mud with these split-level zones...

GBPUSDH4downwardsdragIntoJune21st2021crop.png

...however, going wide, you can see exactly where it was headed.

GBPUSDH4canseeexactly21stJune2021crop.png

Good stuff. I didn't trade yesterday, but with my short bias I would have probably been burnt. I didn't have the blue zone marked on my chart.

Bigger picture is that we are moving away from a 1H S zone, but we are still above the weekly open. So my bias is mixed.

Experimenting with some (very small) trades of S/D on the 1m chart this morning on GU.
1. Long of the pinbar of a D zone (also marked on the 5m hence the aggro entry) +10
2. Short of the momo bar. Didn't close lower a second time below the mini double bottom so got out +7
3. Long again of the same D zone as 1 at momo after an inside bar. Out at the S zone. +10
4. short again of momo of the S zone. Slightly riskier trade imo. Closed the trade for -4.5 as I was writing this.

Two red lines represent the 1m S zone. It dissappeared as soon as it was taken out. Not sure how to draw boxes in MT4 lol.

Curious to your thoughts.

Off for a cheeky bike ride now

Cheers, W!

edit: struggling to add the chart again. Will try to add later.

[LeMercenaire]

There we go. 92kb

Yeah, spot on. It was - for me - a full-on Short bias all the way from 4070, with the obvious confirmation coming after the H4 Z-line at 4034 or so.

Might have seemed a little disappointing that it didn't get all the way down to the mud with these split-level zones...

GBPUSDH4downwardsdragIntoJune21st2021crop.png

...however, going wide, you can see exactly where it was headed.

GBPUSDH4canseeexactly21stJune2021crop.png

Good stuff. I didn't trade yesterday, but with my short bias I would have probably been burnt. I didn't have the blue zone marked on my chart.

Bigger picture is that we are moving away from a 1H S zone, but we are still above the weekly open. So my bias is mixed.

Experimenting with some (very small) trades of S/D on the 1m chart this morning on GU.
1. Long of the pinbar of a D zone (also marked on the 5m hence the aggro entry) +10
2. Short of the momo bar. Didn't close lower a second time below the mini double bottom so got out +7
3. Long again of the same D zone as 1 at momo after an inside bar. Out at the S zone. +10
4. short again of momo of the S zone. Slightly riskier trade imo. Closed the trade for -4.5 as I was writing this.

Two red lines represent the 1m S zone. It dissappeared as soon as it was taken out. Not sure how to draw boxes in MT4 lol.

Curious to your thoughts.

Off for a cheeky bike ride now

Cheers, W!

edit: struggling to add the chart again. Will try to add later.

Using the 1-min micro S+D was how I used to work my counters on The Billy Bar. Worked so well that that's what I added the Kijun-sen aspect to, which in turn pulled in Dead Horse...and so a scalping landscape was born!

[LeMercenaire]

Don't normally touch ButtCoin and ilk with the proverbial barge pole but mmmmmm...it does these really smooth moves on 5-min that Dead Horse picks up easily pretty regularly.

BCHUSDM5maybemaybe22ndJune2021crop.png (29.12 KiB) Viewed 1651 times