Billytt Die happy trading e/j daily breakout | Page 955 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #19,081
  • Jun 20, 2017 8:42pm Jun 20, 2017 8:42pm
catch you all later, i have finished my collating
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,082
  • Jun 20, 2017 8:43pm Jun 20, 2017 8:43pm
Quoting billytt
catch you all later, i have finished my collating
Thanks as always Bill! You're the best!!!
  • #19,083
  • Jun 21, 2017 12:19am Jun 21, 2017 12:19am
Quoting soccerfan
Nice trading guys, great advice and tips, thanks The WH or Tokyo open has produ ed pips of one sort or another. ..! I need to fine tune the counter point though, some of those WH candles are big..! I wonder if any one has thoughts on this. ? LEM....!! Help....! {image}
I'm sure Lem will give you a better answer, but just to give you my thought, you can always use the Wick-Zone for bigger candles if you think the mid line is too far away. OR you can filter out large candles. There are a number of pairs you can trade for each method, so even if you filter out opportunities, there are plenty you can trade.
  • #19,084
  • Jun 21, 2017 2:33am Jun 21, 2017 2:33am
G'day all. Busy start to the day...DAX 06:00 - 08:00 banged in the +5% short (Billy will confirm but I think the 07:55 colour-change trade would have failed. I don't trade that anymore).

DAX 06:00 - 08:00
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I wasn't sure originally if I was going to take the Frankenbreak as it was really hemmed in by S+D zones above and below with not a lot of room for price to move, cw price looking stuck fast on fib-levels - but in a totally scientific kinda' way, I thought, hey - that's kinda' the point...just get on with it, lol ...

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It took a counter but in the end, no real drama.

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  • #19,085
  • Jun 21, 2017 2:34am Jun 21, 2017 2:34am
Quoting bojack34
{quote} Thanks as always Bill! You're the best!!!
steady?, they'll start talking, lol, thanks but no need for thanks as i am happy to help.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,086
  • Jun 21, 2017 2:40am Jun 21, 2017 2:40am
t 08-36 Cable low triggered for %%%,
i have also been trading something new based on stats and frequency distribution taking 1 to 5 points
Attached Image

all win no loss and a big return as my lot size is a lot lot bigger
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,087
  • Jun 21, 2017 2:48am Jun 21, 2017 2:48am
Bo, i meant to say last night, i got in touch with the Spanish guy and casually mentioned his 1 pip take profit..
He said quote,,, you may can have the info for 100k (euros) lol.
He also speaks perfect English and probably better than me,
i asked him a few probing questions which he did not answer but what he did do was unknowingly tell me because he spelled certain words perfectly.
Anyway i know what he did/does yaaaaaay ole'

psssssst all based off frequency distribution which i taught him
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,088
  • Jun 21, 2017 2:49am Jun 21, 2017 2:49am
Dax 07-55 colour trade was a fail, i just looked,.
thing is in the past i have had a pending order set for such a move.
Like i say it is more of a fun bet and i dont think i could ever have a big lot size on it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,089
  • Jun 21, 2017 2:53am Jun 21, 2017 2:53am
Quoting billytt
Bo, i meant to say last night, i got in touch with the Spanish guy and casually mentioned his 1 pip take profit.. He said quote,,, you may can have the info for 100k (euros) lol. He also speaks perfect English and probably better than me, i asked him a few probing questions which he did not answer but what he did do was unknowingly tell me because he spelled certain words perfectly. Anyway i know what he did/does yaaaaaay ole' psssssst all based off frequency distribution which i taught him
Way to go Sherlock Holmes!

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  • #19,090
  • Jun 21, 2017 2:54am Jun 21, 2017 2:54am
Quoting soccerfan
Nice trading guys, great advice and tips, thanks The WH or Tokyo open has produ ed pips of one sort or another. ..! I need to fine tune the counter point though, some of those WH candles are big..! I wonder if any one has thoughts on this. ? LEM....!! Help....! {image}
Hi Buddy.

SFX has pretty much answered the way I would, with not much to add.

To sum up:
Use Wick-Zone as your base tech.
Look at the other recommended pairs (careful of spreads on some, though).
I wouldn't necessarily discount ''too large'' candles, as using WZ, a large candle will often be even better at giving you a move back inside. What I am wary of on a large candle is a fail on a continuation trade but a turn back inside is fair game, especially if that set-up is also a 1-2-3 (which happens often).
One other way to run a counter (and this is relevant on FB as well, though I was cautious about mentioning this before, as it was throwing more potential for confusion into the ring) is to run a fib across the set-up candle (range for FB) and using the standard fib-retracement stats / methods to look for counters / retrace trades.
  • #19,091
  • Jun 21, 2017 2:55am Jun 21, 2017 2:55am
Keep on selling.
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  • #19,092
  • Jun 21, 2017 2:59am Jun 21, 2017 2:59am
I missed it but it looks like the AU 04:00 would have bagged the +5 (just).

As that's out of the equation now, I am off for a break. Back for The Dead Zone. See ya.
  • #19,093
  • Jun 21, 2017 3:07am Jun 21, 2017 3:07am
Quoting claudia1
Keep on selling. {image}
yet again, nice one. i hit 48% off those trades in my chart. i have better odds than the take 5%. I shall keep trading and hopefully get a loss so i can trade it good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,094
  • Jun 21, 2017 3:09am Jun 21, 2017 3:09am
Quoting lemercenaire
I missed it but it looks like the AU 04:00 would have bagged the +5 (just). As that's out of the equation now, I am off for a break. Back for The Dead Zone. See ya.
.

a break? that sounds very good....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,095
  • Jun 21, 2017 3:14am Jun 21, 2017 3:14am
Quoting billytt
{quote} yet again, nice one. i hit 48% off those trades in my chart. i have better odds than the take 5%. I shall keep trading and hopefully get a loss so i can trade it good.
Thanks. Been a great month but must learn what buying means ... maybe
  • #19,096
  • Jun 21, 2017 3:26am Jun 21, 2017 3:26am
t 09-26, we may have a retrace trade on A/U. i will not be trading it though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,097
  • Jun 21, 2017 3:28am Jun 21, 2017 3:28am
Quoting claudia1
{quote} Thanks. Been a great month but must learn what buying means ... maybe
lol, nah, you stick to what you do and feel best at.
Cable since last June has been a lot easier to sell.
Speaking June, we are almost on anniversary date of brexit 24th.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,098
  • Jun 21, 2017 3:37am Jun 21, 2017 3:37am
Quoting claudia1
Keep on selling. {image}
Interesting, floating orders until this morning? how did you sleep?

great work!
  • #19,099
  • Jun 21, 2017 3:38am Jun 21, 2017 3:38am
Quoting billytt
{quote} lol, nah, you stick to what you do and feel best at. Cable since last June has been a lot easier to sell. Speaking June, we are almost on anniversary date of brexit 24th.
You're right - keep on selling. Reminds me of a great old tune
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  • #19,100
  • Jun 21, 2017 3:40am Jun 21, 2017 3:40am
Quoting DavidRP
{quote} Interesting, floating orders until this morning? how did you sleep? great work!
Wine helps.
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