Daily Forex Trading

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Sat Jan 13, 2018 1:10 pm

achooblessyou wrote:EG Box break with a trusty +10 I actually entered at the midline of the box, got my dollars, got out, and went the ef to sleep ZzzzZzz . I left a portion running, but that got stopped after the stall just above the double 00. I've decided to add the daily WZ lines in for some extra spice and info. I've also been using a certain SnD indi that provides lazy me with the all the places I don't have to mark any more. I think I've found the type of trading I understand, and it is very exciting.

I took UJ for a ride south into the depths of the lower DWZ late this afternoon. I've seen this type of (steamroller) price action before on the H1, and I've been on the wrong side of it plenty of times trying to catch the bottom of a move. This time however I recognized it and got it right :mrgreen:

Woo-Hoo! I feel so dangerous and living on the dark side coming on while being warned about how I'm flirtin' with disaster, lol.

Glad the S+D is working for you. One of the interesting things you'll come across which has relevance to your comment about getting caught in front of freight trains, is that you'll start to see situations that in every other way would have told you it was a good set up (for a reversal for instance) but there is no S or D Zone. Those set ups more often than not will fail.

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Re: Daily Forex Trading

Postby LeMercenaire » Fri Feb 16, 2018 12:20 am

we're back.jpg
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Mira
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Re: Daily Forex Trading

Postby Mira » Fri Feb 16, 2018 12:03 pm

LeMercenaire wrote:we're back.jpg



LOL

NEVA LEFT 8)
__________ THE :smt096 IS A LIE__________

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Re: Daily Forex Trading

Postby LeMercenaire » Mon Feb 19, 2018 12:42 pm

I must remember to check US holidays...
I must remember to check US holidays...
I must remember to check US holidays...
I must remember to check US holidays...
I must remember...

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Tue Feb 20, 2018 9:02 am

My morning DAX move plays out as a nice DWZ Long. Always nice to have such a strong confirmation.

.DE30.H1todaysopenmoveisDWZ20thFeb18.png
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Feb 21, 2018 4:26 pm

An interesting confluence of lines (just about readable tbh, lol).
CADJPYWeeklythelinestellitall21stFeb18.png
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Re: Daily Forex Trading

Postby LeMercenaire » Fri Feb 23, 2018 2:02 pm

This was the safest of safe set-ups this morning. As low-risk as it gets...

USDCADH1asDWZlowestrisksetupoftheday23rdFeb18.png
USDCADH1asDWZlowestrisksetupoftheday23rdFeb18.png (55.65 KiB) Viewed 3400 times


Then I go and make a cuppa and it nearly goes and takes out an eye! :P

USDCADH1Ohayelol23rdFeb18.png
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When did Fridays get so exciting?! :smt026 :smt071 :smt072

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Mira
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Re: Daily Forex Trading

Postby Mira » Fri Feb 23, 2018 2:49 pm

LeMercenaire wrote:This was the safest of safe set-ups this morning. As low-risk as it gets...

USDCADH1asDWZlowestrisksetupoftheday23rdFeb18.png

Then I go and make a cuppa and it nearly goes and takes out an eye! :P

USDCADH1Ohayelol23rdFeb18.png

When did Fridays get so exciting?! :smt026 :smt071 :smt072


JEEZ :shock:
__________ THE :smt096 IS A LIE__________

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Mira
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Re: Daily Forex Trading

Postby Mira » Fri Feb 23, 2018 2:51 pm

LeMercenaire wrote:This was the safest of safe set-ups this morning. As low-risk as it gets...

USDCADH1asDWZlowestrisksetupoftheday23rdFeb18.png

Then I go and make a cuppa and it nearly goes and takes out an eye! :P

USDCADH1Ohayelol23rdFeb18.png

When did Fridays get so exciting?! :smt026 :smt071 :smt072


LeM, why do you call it “safe setup”?

Thanks
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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Fri Feb 23, 2018 2:55 pm

Mira wrote:
LeMercenaire wrote:This was the safest of safe set-ups this morning. As low-risk as it gets...

USDCADH1asDWZlowestrisksetupoftheday23rdFeb18.png

Then I go and make a cuppa and it nearly goes and takes out an eye! :P

USDCADH1Ohayelol23rdFeb18.png

When did Fridays get so exciting?! :smt026 :smt071 :smt072


LeM, why do you call it “safe setup”?

Thanks

Hi Mira,

Safe in the sense of low risk. I'm looking at price moving out of a Supply Zone combined with the pull of a daily Wick Zone set-up (price moving back into the body of the previous day's candle).

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