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; M1 chart with three trades from London open to my dog walk time. 1.5h of trading provided good pips this ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Mar 19, 2015, 11:48am   #17
2be
 
2be's Avatar
Joined Feb 2007
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  
2be is offline   Reply With Quote
Thanks! The following members like this post: paszkman , Forexmospherian , swissy
Old Mar 20, 2015, 3:08pm   #18
2be
 
2be's Avatar
Joined Feb 2007
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  
2be is offline   Reply With Quote
Thanks! The following members like this post: Forexmospherian
Old Mar 29, 2015, 7:26pm   #19
2be
 
2be's Avatar
Joined Feb 2007
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
2be is offline   Reply With Quote
Old Mar 30, 2015, 10:27am   #20
2be
 
2be's Avatar
Joined Feb 2007
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.
2be is offline   Reply With Quote
Old Mar 30, 2015, 1:33pm   #21
2be
 
2be's Avatar
Joined Feb 2007
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
2be is offline   Reply With Quote
Old Apr 13, 2015, 8:53pm   #22
2be
 
2be's Avatar
Joined Feb 2007
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  

Last edited by 2be; Apr 13, 2015 at 10:02pm.
2be is offline   Reply With Quote
Old Apr 14, 2015, 3:40pm   #23
2be
 
2be's Avatar
Joined Feb 2007
2be started this thread
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  
2be is offline   Reply With Quote
Old Apr 14, 2015, 6:46pm   #24
2be
 
2be's Avatar
Joined Feb 2007
2be started this thread
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

Last edited by 2be; Apr 14, 2015 at 7:00pm.
2be is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
To close or not to close?!?! Yatman1 First Steps 8 Mar 15, 2009 3:58pm
IG ... it wouldnt close karl6666 General Trading Chat 32 Oct 15, 2008 10:48am
Close to Close Trading Kenel Educational Resources 0 Feb 17, 2005 2:19pm
Close 5%< than Yesterday's close ChartMan Technical Analysis 0 Apr 11, 2001 8:49pm
Close 5%> than Yesterday's close ChartMan Technical Analysis 0 Apr 11, 2001 8:47pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)