And some short move it was. Party at Lem's

Billytt Die happy trading e/j daily breakout

Wow. That sounds like a pretty bad day/week/year

Billytt Die happy trading e/j daily breakout

I need to find me one of these supply and demand indicators. I believe the H4 was green at the time too, giving a long signal.

Billytt Die happy trading e/j daily breakout

Long bias based on your prop software Lem?

Billytt Die happy trading e/j daily breakout

Off to Specsavers I go

Billytt Die happy trading e/j daily breakout

Hi JP. All the best with your car. Did you ignore the GU low break?

Billytt Die happy trading e/j daily breakout

Morning all. Billy hopefully you caught some of that FTSE action. That was a decisive break if I ever saw one.

Billytt Die happy trading e/j daily breakout

Inside bars galore right now. Let's see...

Billytt Die happy trading e/j daily breakout

Hopefully not so broke any more

Billytt Die happy trading e/j daily breakout

I guess these stats also show that as long as we are within so many pips of the daily open, there's a strong chance price will return to the daily open. Billy, I take it the midnight 4 hour bar on GU is broken on both sides, most days? That's what ...

Billytt Die happy trading e/j daily breakout

Good to hear from you Billy. Thanks for your input. Funny you should mention the daily pivot. I was looking at that last night on EU and it is very rare that either S1 or R1 don't get hit. Most days you will hit one or the other. Or both. Still ...

Billytt Die happy trading e/j daily breakout

I know some of us like our statistics on this thread. I was working on something last night and discovered that in the past 2 years on GU, on bullish days, price also went bearish from the open line by more than 20 pips, around 45% of the time. Same ...

Billytt Die happy trading e/j daily breakout

I was looking at short only as the H4 bar was red.

Billytt Die happy trading e/j daily breakout

I know you were hoping for a short, but the 15 minute bar high broke. Did you take the long trade Billy?

Billytt Die happy trading e/j daily breakout

Thanks T, I'll look into this.

Billytt Die happy trading e/j daily breakout

Hi JP1. The way to overcome this is don't take the first break. See if it retraces a bit and then you can either take the break in the original direction again or in the opposite direction All depends on what price does straight after the 1st break. ...

Billytt Die happy trading e/j daily breakout

So many people follow this thread in invisible mode. Don't understand why lol. Anyway Claudia, you're obviously very experienced and totally right about account size etc when countering. I was speaking to IG yesterday as I'm about to start trading ...

Billytt Die happy trading e/j daily breakout

I see the attraction of retrace trades (going in the direction of the original break but only after price has retraced a bit). Retrace trade could mean different things to different people so I thought I would clarify. When I first started following ...

Billytt Die happy trading e/j daily breakout

Morning all. Good call this morning Lem.

Billytt Die happy trading e/j daily breakout

No high break here either. Just the low.

Billytt Die happy trading e/j daily breakout