Breakout +/- 20 of the US close

This is a discussion on Breakout +/- 20 of the US close within the Trading Delta Cycles forums, part of the Specialists' Corner category; Have indicated three trades so far this morning on Dax. 1st trade - out from the war zone of US ...

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Old Mar 18, 2015, 12:41pm   #16
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2be started this thread Have indicated three trades so far this morning on Dax.
1st trade - out from the war zone of US close
2nd down from the retest of the consolidation box established during the Asian session ( on this occasion, it can happen any time) Divergence on M1
3rd down from the structure on M1 confirmed by M5
All trades below the Yellow line on TDI M5 (Market Base Line MBL) and in the direction of a slow stochs, observe how the pair of stochs are playing on M5 with shorter stochs moving towards the loner one.
Observe Alligator MAs and Bollinger, all confirming short bias.
It was a good morning on dax so far.
Top chart is M5
Bottom chart is M1
have arranged it like that to see how I use gearing between these two frames
also use M30, not posted here
Looks a bit indicator heavy, I am more concerned with profits that with indicators
A always say to myself, market structure and trend than indics.
Happy trading
2be
Attached Thumbnails
2015-03-18_112527.png-dax-m5-m1-morning-story-so-far.png  
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A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
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Old Mar 19, 2015, 11:48am   #17
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2be started this thread M1 chart with three trades from London open to my dog walk time. 1.5h of trading provided good pips this morning White lines indicate the trades
Dotted line is yesterday's close 8:00 pm GMT (US close atm) blue line indicates the +10 level from that close, red line -10 from that close, thus forming a 20 pips war zone.
I go up from the blue line and short from the red line.
During the day PA above these lines indicates a possibility of bullish day and vice versa.
I find this approach brings pips and good perspective as a part of my over all trading strategy.
Happy trading to all,
2be
Attached Thumbnails
2015-03-19_103346.png-dax-us-close.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Mar 20, 2015, 3:08pm   #18
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2be started this thread Yesterday's close was a doji, and this morning DAX moved up around Frankfurt open (an hour before London open).
The yellow dotted horizontal line is an M30 R, there was about 50 pips chopping sideways zone, and once the PA went above it it made 1 to 1 move up marked by the white lines.
Managed to have tree small loosing trades in that chop zone, as I have used a very conservative SL of 11 plus 1 pip spread.
the move up brought good pips.
The shape of the previous daily bar is important even so for this approach, and also the longer perspective.
It looks like B is in progress of expected ABC corrective, posted on Delta thread.

Timing is very important.
Attached Thumbnails
2015-03-20_135116.png-dax-h1.png   2015-03-20_134655.pngdax-m5.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Mar 29, 2015, 7:26pm   #19
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2be started this thread dax close at the time of US close is 11876, my levels for the first trade of the London session are well indicated.There is also consolidation box (set: 21 bars on M15 range 28 pips) established last Thursday that is in play , top 11879 and bottom 11849 (5 pips buffer included on both sides).
After the first trade I shall trade the algo in the direction of a trend on M30/M5, executed from M1 and poss M5.
Looking on H4 it shall be interesting Monday.
Come whatever SL is always in place,
2be
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Mar 30, 2015, 10:27am   #20
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2be started this thread First good pips from London open, full long, PA above the levels indicated, took off well, piercing the top of the previous Asian session.
time for tea break.
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Mar 30, 2015, 1:33pm   #21
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2be started this thread Today the first move up on dax achieved an overall ATR of 222 pips, last 3 days average is 176 pips so the main move of the day or of the morning of London session has likely been done.
PA cannot indefinitely continue in one direction, market has to breath and make space for the next batch of trades.

Please remember that DST is now in play in Europe so adjust accordingly the US close time
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Apr 13, 2015, 8:53pm   #22
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2be started this thread Example of another good day on Dax and so it goes on...
Down from war zone, down from consolidation box.
There is no more to say.
Delta count has been of assistance, but even without delta count goods are there waiting to be picked up

M15 and M5, some scalps also entered on M1 on market structure principle.

getting ready for tomorrow, US is closing soon, marking new levels for Frankfurt/London open.

Enjoy,
2be

12290 is the close of dax for tomorrow's levels, if one wishes to trade from them.
Attached Thumbnails
2015-04-13_204710.png-dax-m30.png   2015-04-13_204855.pngdax-m5.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Apr 13, 2015 at 10:02pm.
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Old Apr 14, 2015, 3:40pm   #23
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Quote:
Originally Posted by 2be View Post
Example of another good day on Dax and so it goes on...
Down from war zone, down from consolidation box.
There is no more to say.
Delta count has been of assistance, but even without delta count goods are there waiting to be picked up

M15 and M5, some scalps also entered on M1 on market structure principle.

getting ready for tomorrow, US is closing soon, marking new levels for Frankfurt/London open.

Enjoy,
2be

12290 is the close of dax for tomorrow's levels, if one wishes to trade from them.
Good day on DAX
In the direction of the expected Delta Low
Out from the war zone, missed some good signals on both M5 and M1,
taken some shorts
anybody shorting from 12290 should have a positive day
Dow also delivered, good pips in a similar set up, out from the war zone, out from the consolidation box.
As I type DAX hit the bottom of ADR at 12189, perfect PA on dax
well with that I am done with dax for the day.
Many pips to all,
2be
Attached Thumbnails
2015-04-14_152853.pngdax-m5-02.png   2015-04-14_152801.pngdax-m1.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Apr 14, 2015, 6:46pm   #24
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I got a great secret and insight knowledge, in its origin totally corporate!!!. Tomorrow there will be a breakout from this evening close of Dax at 9:00 pm +/- 10 pips (London - BST). Please be careful whith whom you share such privilaged information, pss, pss... keep it quiet.

Dow recoverred well, will we see retest of the recent H on Dax chart tomorrow?
Have a great trading day and many satisfying pips,
2be
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Apr 14, 2015 at 7:00pm.
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Old Mar 3, 2016, 12:17pm   #25
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2be started this thread I have added one or two zones, important to the traded instrument.

For DAX I have added Frankfurt close and London open, with just a dotted line with the description label, but without the +/- lines like with the US close.

This for DAX indicated the possible gap between the last close of Frankfurt session and the current PA, important around the Frankfurt or London open.

Similarly one can do it to FTSE by marking the close of the London session.

I still treat the close of the us session as very important zone.

I also take into account the ITD/MTD counts, and trade with more conviction into their direction.

Added content in the evening:

I have added some charts so one can compare the charts
1st chart from the left M5 taken in the morning (DAX)
2nd chart from the left M5 taken in the evening (DAX)
3rd chart from the left M1 taken in the evening (DAX)

Please look at the divergence (M5)
The first sizeable move on M1 after the London Open

Shaded area is the consolidation zone set on 40 pips within 21 M15 bars

It has not been a high volatility day, really boring, but trades were there to be taken.
Attached Thumbnails
dax-m5-2016-03-03_110646.png   dax-m5-04-2016-03-03_185154.png   dax-m1-04-2016-03-03_185223.png  

__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Mar 3, 2016 at 9:14pm.
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Old Mar 7, 2016, 12:44pm   #26
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2be started this thread Breakout on DAX

First breakout trade this week in the direction of the next ITD L on Delta count.

One can see an attempt to close the gap on DAX, London open provided a failure of that H marked by the yellow 3, Fibs from that first move provided an initial 1 to 1 harmonic moves, and the PT was hit at EXT 200, this trade was worth 100 pips in under two hours. EXT 224 in next on cards if this move continues, but I am out for a time being.
Not bad for Monday.

Highlighted area is a consolidation box set to 40 pips on DAX and 60 pips on DOW (due to volatility).

I am still careful just in case there is a spike up, later on today.
Time to have a break.
Attached Thumbnails
dax-m5-2016-03-07_113136.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Mar 7, 2016 at 1:07pm.
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