Daily Forex Trading

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Tue Dec 19, 2017 8:54 am

achooblessyou wrote:I didn’t have time to trade it (busy elsewhere and on mobile) but I just took a gander at GN. It absolutely exploded out of its CZ!

Yep...
GBPNZDH1yep19thDec17.png
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Re: Daily Forex Trading

Postby LeMercenaire » Tue Dec 19, 2017 8:57 am

LeMercenaire wrote:
achooblessyou wrote:I didn’t have time to trade it (busy elsewhere and on mobile) but I just took a gander at GN. It absolutely exploded out of its CZ!

Yep...
GBPNZDH1yep19thDec17.png

Trade it as you like it.
GBPNZDM15tradeitasyoulikeit19thDec17.png
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Re: Daily Forex Trading

Postby achooblessyou » Wed Dec 20, 2017 8:59 am

GN daily open play... Got a couple small shorts just above the daily open during the Sydney open, but nothing to write home about. Then I took some after it "failed" the low break and retraced long through the top of the CZ. got out at DR1 +55 pippies :) I realize now that I actually used my daily open and not the sydney open as the daily which changes things a little bit.... Although If you look the black line (daily open) is almost the 50% fib level of the large move right before... interesting.......
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Dec 20, 2017 9:21 am

achooblessyou wrote:GN daily open play... Got a couple small shorts just above the daily open during the Sydney open, but nothing to write home about. Then I took some after it "failed" the low break and retraced long through the top of the CZ. got out at DR1 +55 pippies :) I realize now that I actually used my daily open and not the sydney open as the daily which changes things a little bit.... Although If you look the black line (daily open) is almost the 50% fib level of the large move right before... interesting.......

There was a nice 7-Bar Break early on. Very early on, unfortunately, 02:00 UK-time, so I didn't catch any of it.

InkedGBPNZDH1as7-BarBreakk20thDec17_LIcrop.jpg
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The m30, shows the S+D weight behind the entry.

GBPNZDM30showstheS+Dweight20thDec17crop.png
GBPNZDM30showstheS+Dweight20thDec17crop.png (15.15 KiB) Viewed 5096 times

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Re: Daily Forex Trading

Postby forexmoney » Fri Dec 22, 2017 2:02 am

LeMercenaire wrote:
achooblessyou wrote:GN daily open play... Got a couple small shorts just above the daily open during the Sydney open, but nothing to write home about. Then I took some after it "failed" the low break and retraced long through the top of the CZ. got out at DR1 +55 pippies :) I realize now that I actually used my daily open and not the sydney open as the daily which changes things a little bit.... Although If you look the black line (daily open) is almost the 50% fib level of the large move right before... interesting.......

There was a nice 7-Bar Break early on. Very early on, unfortunately, 02:00 UK-time, so I didn't catch any of it.

InkedGBPNZDH1as7-BarBreakk20thDec17_LIcrop.jpg

The m30, shows the S+D weight behind the entry.

GBPNZDM30showstheS+Dweight20thDec17crop.png

someone has all the cool toys LOL :D
the rat zone for life :-D

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Re: Daily Forex Trading

Postby LeMercenaire » Fri Dec 22, 2017 11:08 am

Couldn't make up my mind which thread to set this on, so I'll do it across all the ones I camp out on, lol.

Have a great Christmas, everyone. See you on the other side!

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Re: Daily Forex Trading

Postby LeMercenaire » Sun Dec 31, 2017 9:55 pm

2018 comin' up fast! How did that happen? lol. Time flies when you're havin' fun - and that, guys is what it's all about - HAVIN' FUN!

See you soon and come out swingin'.

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Re: Daily Forex Trading

Postby achooblessyou » Fri Jan 05, 2018 5:20 pm

Happy New Year! To start it off I hit a couple of scalps at the frankfurt open. Unfortunately I wasn't awake to trade the NFP [-X
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Re: Daily Forex Trading

Postby achooblessyou » Fri Jan 05, 2018 6:16 pm

Regarding red news I've noticed something.. Some of the time (I don't have stats) it goes in the direction of a lower time frame candle color (15/5/1) right before the news release. This has happened enough times for me to noticed, and I've traded based on this information, but I'm still not sure. Any one else notice this?

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Re: Daily Forex Trading

Postby LeMercenaire » Sat Jan 06, 2018 1:19 am

achooblessyou wrote:Regarding red news I've noticed something.. Some of the time (I don't have stats) it goes in the direction of a lower time frame candle color (15/5/1) right before the news release. This has happened enough times for me to noticed, and I've traded based on this information, but I'm still not sure. Any one else notice this?

Yep - happens on The DAX. Can also be pre-pre-empted by The F40. I look for an S+D clue around the end of one of those candles and it gives me more often than not, an early entry on momentum.

I haven't done any in depth look at The Dead Zone but my gut tells me it will be there also.

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