Billytt Die happy trading e/j daily breakout | Page 978 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #19,541
  • Jun 28, 2017 2:51am Jun 28, 2017 2:51am
Quoting bojack34
{quote} TY...Noted...will change!
use ATR if it fits with your plan. to me it is alien
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,542
  • Jun 28, 2017 2:53am Jun 28, 2017 2:53am
Quoting billytt
{quote} use ATR if it fits with your plan. to me it is alien
No, Sorry, I've been using ADR the entire time. I have an ADR indicator an all of my templates. Sorry for the confusion. I did however add a small indicator in the corner that shows the ATR 5.....just for reference.
  • #19,543
  • Jun 28, 2017 2:55am Jun 28, 2017 2:55am
Quoting bojack34
{quote} No, Sorry, I've been using ADR the entire time. I have an ADR indicator an all of my templates. Sorry for the confusion. I did however add a small indicator in the corner that shows the ATR 5.....just for reference.
i will answer your adjusting ADR in a moment
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,544
  • Jun 28, 2017 3:11am Jun 28, 2017 3:11am
EG faffing around. seems like a when in doubt situation for me right now.

defo only interested in taking a retrace.

according to my stats for EG the fact that weve already fulfilled 50% of the daily range, im only sitting with a 60% probability of shooting for 75%

still good stats but id rather shoot for the 95% probability group
  • #19,545
  • Jun 28, 2017 3:24am Jun 28, 2017 3:24am
[quote=bojack34;10027734]{quote} How does this adjust as the day goes on? I'm sorry if I ask silly questions sometimes but it's the newbie in me...lol. Do you take what is left of the Modest ADR and divide by half an

bar A we have a high and a low, both marked A.
bar B NOW ADJUSTED high and a low both marked B.
Bar A, we have a fictitious ADR of 60 Marked A...
but the next bar moves so the high/low is adjusted, it is still 60 Adr.
YOU JUST MEASURE THE RANGE FROM THE HIGH/LOW
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,546
  • Jun 28, 2017 3:25am Jun 28, 2017 3:25am
Quoting Piphunter00
EG faffing around. seems like a when in doubt situation for me right now. defo only interested in taking a retrace. according to my stats for EG the fact that weve already fulfilled 50% of the daily range, im only sitting with a 60% probability of shooting for 75% still good stats but id rather shoot for the 95% probability group
Pip,, IT IS VERY VERY HARD TO STAY OUT OF A TRADE when you are all set for it. lol, been there done it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,547
  • Jun 28, 2017 3:26am Jun 28, 2017 3:26am
[quote=billytt;10028124]
Quoting bojack34
{quote} How does this adjust as the day goes on? I'm sorry if I ask silly questions sometimes but it's the newbie in me...lol. Do you take what is left of the Modest ADR and divide by half an bar A we have a high and a low, both marked A. bar B NOW ADJUSTED high and a low both marked B. Bar A, we have a fictitious ADR of 60 Marked A... but the next bar moves so the high/low is adjusted, it is still 60 Adr. YOU JUST MEASURE THE RANGE FROM THE HIGH/LOW {image}
Makes sense...thanks for taking the time to explain Billy.
  • #19,548
  • Jun 28, 2017 3:29am Jun 28, 2017 3:29am
Quoting billytt
{quote} Pip,, IT IS VERY VERY HARD TO STAY OUT OF A TRADE when you are all set for it. lol, been there done it.
e/g has cracked the high, now retracing. just waiting for it to reach -5 from the high before i start thinking about anything
  • #19,549
  • Jun 28, 2017 3:31am Jun 28, 2017 3:31am
BoE Carney speaks later, i believe some of his speech has been leaked.
Later, oil news from US
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,550
  • Jun 28, 2017 3:32am Jun 28, 2017 3:32am
[quote=bojack34;10028134]
Quoting billytt
{quote} Makes sense...thanks for taking the time to explain Billy.
you just add or subtract from the high /low
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,551
  • Jun 28, 2017 3:37am Jun 28, 2017 3:37am
[quote=billytt;10028150]
Quoting bojack34
{quote} you just add or subtract from the high /low
just to make sure i'm correct.........if there is 40 pips left to make our ADR or Modest Daily Range......we would ADD 20 to each side? Correct?
  • #19,552
  • Jun 28, 2017 3:38am Jun 28, 2017 3:38am
[quote=bojack34;10028186]
Quoting billytt
{quote} just to make sure i'm correct.........if there is 40 pips left to make our ADR or Modest Daily Range......we would ADD 20 to each side? Correct?
+40 from the low, and -40 from the high. plus have to adjust as the market moves and makes new daily highs and lows
  • #19,553
  • Jun 28, 2017 3:39am Jun 28, 2017 3:39am
[quote=Piphunter00;10028193]
Quoting bojack34
{quote} +40 from the low, and -40 from the high. plus have to adjust as the market moves and makes new daily highs and lows
oh ok so you add and subtract kind of in reverse......ADD to the LOW and SUBTRACT from the HIGH......that makes sense. thanks PH.
  • #19,554
  • Jun 28, 2017 3:43am Jun 28, 2017 3:43am
Cable ADR at 09-40, i have used 100 ADR even though my calculation is 94/98. No modest range
C= 3 rd bar adjusted range
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,555
  • Jun 28, 2017 3:44am Jun 28, 2017 3:44am
[quote=Piphunter00;10028193]
Quoting bojack34
{quote} +40 from the low, and -40 from the high. plus have to adjust as the market moves and makes new daily highs and lows
10/10 Pip, top of the class, lol. you got it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,556
  • Jun 28, 2017 3:48am Jun 28, 2017 3:48am
BO, what do you make of this
Attached Image


edit, or anyone
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,557
  • Jun 28, 2017 3:49am Jun 28, 2017 3:49am
Quoting billytt
BO, what do you make of this {image} edit, or anyone
your giving me a headache...lol My eyes are crossing!
  • #19,558
  • Jun 28, 2017 3:51am Jun 28, 2017 3:51am
Quoting billytt
BO, what do you make of this {image} edit, or anyone
ichimoku + bollingers + 2 moving averages + what looks like a donchian channel + pivots + some trendlines and what looks like a fib line in the corner??

GUESS THE INDI YAAAAAAY

edit: almost forgot the candles. not like you can see em much

looks like m1. choppy lil blocky candles, bucketshop feed
  • #19,559
  • Jun 28, 2017 3:51am Jun 28, 2017 3:51am
Quoting billytt
BO, what do you make of this {image} edit, or anyone
I would rather have JUST A LINE!
  • #19,560
  • Jun 28, 2017 4:03am Jun 28, 2017 4:03am
Just a FYI.......Poloz, Draghi, Carney and Kuroda ALL speak at 14-30. We have about 4.5 hours until then but just giving you a heads up.
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