Billytt Die happy trading e/j daily breakout | Page 982 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #19,621
  • Jun 29, 2017 3:11am Jun 29, 2017 3:11am
Quoting billytt
{quote} It depends how many points you want?
hahah I know what u mean
  • #19,622
  • Jun 29, 2017 3:19am Jun 29, 2017 3:19am
I entered a retrace trade on AU at .76723 and closed out a .76669 (my og trigger) %%% done for the day. SOMH!
  • #19,623
  • Jun 29, 2017 3:20am Jun 29, 2017 3:20am
t 09-17
chart copied at 09-15
IF 04-00 low triggers (4) we can hunt the adr, which will give us approx 50 points, dont forget we have a 00. i will not want the 50 but a good 20 which i will compound to death hopefully. Lets see
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,624
  • Jun 29, 2017 3:21am Jun 29, 2017 3:21am
Quoting bojack34
{quote} I didn't mean that it was easy....just trying to come up with a "game plan" or a set of "rules" that I can trade by........some sort of "guidelines" or "parameters" to trade within. Doing my best!
it was me playing, saying it was easy , it isnt that easy but on paper it is, you see lines you dont have to think.
I told you , my lil girl was trading at 9
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,625
  • Jun 29, 2017 3:24am Jun 29, 2017 3:24am
Quoting billytt
{quote} i was hoping for the drop ,lol, it isn't life threatening. I trade lines, who would of thought Cable would go up yesterday. The line broke long what more do we need,
Cable -got your plus five Billy ( 4am bar)
Attached Image (click to enlarge)
Click to Enlarge Name: Cable4H0922.jpg Size: 520 KB
every Saint has a past. Every Sinner has a Future
  • #19,626
  • Jun 29, 2017 3:34am Jun 29, 2017 3:34am
Quoting bojack34
04-00 Break AU today for me.....Went LONG, I entered at .76669 (i was going to enter 1/2 pip early but price was already pretty close to my upper trigger, so I didn't)......I set my first TP at .76719 and then I also had Buy Stop at x2 lot size waiting at .76720 and TP set at .76745 (just below the Quarter Line) I didn't want to take a chance at price reacting to the QL and reversing so I increased my lot size and went for less pips. DURING TRADE....... {image} AFTER TRADE...... {image}
I just noticed that price reversed really close to the oh so popular '80 line...(thanks claudia)
  • #19,627
  • Jun 29, 2017 3:37am Jun 29, 2017 3:37am
Quoting turnip15
{quote} Cable -got your plus five Billy ( 4am bar) {image}
Yes indeed Mr T, i got 1 point lol (2%) i thought get the 1 then it would drop , which it didn't .
I shouldnt think as it will be the ruin of me.i am just waiting to see if Cable drops , hit the 04-00 low and hopefully pay for my Ladys hol, she has been invited to stay at a friends place in Florida over Christmas, i wont be going but i may as well pay for flight ticket.
In fact she might not go as she wants me to go too.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,628
  • Jun 29, 2017 3:52am Jun 29, 2017 3:52am
Billy -look at it this way : If you didn't go to Florida with your young lady, would you look back in later years and regret not going?

On another note, Mrs T. is going out and I have the house to myself. Now we are settled in the new house I am getting out the oil paints today to work on a harbour landscape. My biscuits and tea bags are placed nearby and the cat is sitting on the chair with an expression of curiosity on its' face.
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every Saint has a past. Every Sinner has a Future
  • #19,629
  • Jun 29, 2017 4:37am Jun 29, 2017 4:37am
USD Unemployment coming out in a little less than 3 hours.....FYI
  • #19,630
  • Jun 29, 2017 4:38am Jun 29, 2017 4:38am
[quote=turnip15;10033453]Billy -look at it this way : If you didn't go to Florida with your young lady, would you look back in later years and regret not goin

erm, no. tourist resort, i dont do tourists.. I will probably take her to see natural wonders like grand canyon etc
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,631
  • Jun 29, 2017 4:41am Jun 29, 2017 4:41am
t 10-40 cable adr adjusted, if low triggers we are down to 30 points for 100 adr, obviously could well get lots more. But i will still look for +20
Attached Image


edit, that is +30 from low of 00-00 nbar, My trigger bar will be 04-00 so + 40 is on the table
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,632
  • Jun 29, 2017 4:44am Jun 29, 2017 4:44am
Quoting billytt
t 10-40 cable adr adjusted, if low triggers we are down to 30 points for 100 adr, obviously could well get lots more. But i will still look for +20 {image} edit, that is +30 from low of 00-00 nbar, My trigger bar will be 04-00 so + 40 is on the table
It's moving now.........EDIT: Nice bounce off that 00 line which was also R1
  • #19,633
  • Edited 5:13am Jun 29, 2017 4:54am | Edited 5:13am
Quoting bojack34
{quote} It's moving now.........EDIT: Nice bounce off that 00 line which was also R1
yes indeed, sometimes it breaks straight through the 00 and like today we bounced, WILL IT BE RETESTED? Maybe if US release good news it shouold drop but MR Trump and his taxing is not going to plan, so maybe more up. Who cares?

edit, like a politician i never gave a proper answer yaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,634
  • Jun 29, 2017 5:12am Jun 29, 2017 5:12am
ok another silly newbie question......get your head up azz picture ready........When it comes to trading the Red Flag News.....I've been told that the spreads get really really high, that makes placing Buy / Sell Stops on both sides slightly risky.....due to i think it's called "slippage" and the high spreads......so what i was thinking was would it be better to just use your counter philosophy and enter a trade 5 minutes early, 15 minutes early, 30 min early.......it doesn't really matter how early........just enter the trade early going BOTH WAYS.....that way the Spread doesn't change on you since your already in the trade.....and you won't have to worry about "slippage" .......you will only be down what you have in limbo until the High Impact Red Flag News comes out and "fixes" things for us. Is this way better than placing Buy / Sell Stops? Or does it even make a difference?
  • #19,635
  • Jun 29, 2017 5:22am Jun 29, 2017 5:22am
[quote=bojack34;10033811]ok another silly newbie question......get your head up azz picture ready........When it comes to trading the Red Flag News.....I've been told that the spreads get really really high, that makes placing Buy / Sell Stops on both sides slightly risky.....due to i think it's called "slippage" and the high spreads......so what i was thinking was would it be better to just use your counter philosophy and enter a trade 5 m

1st....ideally you don't want to be in a trade when news happens.
2nd... you can trade news release or after it...
3rd... no stop but you need the bank.
4th... trade what you know...

edit, you might even have a good trade but the spread will close you down, its like a 0-00 on a roulette table
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,636
  • Jun 29, 2017 5:32am Jun 29, 2017 5:32am
Quoting billytt
Quoting bojack34
ok another silly newbie question......get your head up azz picture ready........When it comes to trading the Red Flag News.....I've been told that the spreads get really really high, that makes placing Buy / Sell Stops on both sides slightly risky.....due to i think it's called "slippage" and the high spreads......so what i was thinking was would it be better to just use your counter philosophy and enter a trade 5 m 1st....ideally you don't want to be in a trade when news happens. 2nd... you can trade news release or after
...
OK.....86'ing the idea totally......I do however have a "billy" note that says something about it's ok sometimes to trade the retrace of a news spike. Thanks again Mr.B!
  • #19,637
  • Jun 29, 2017 5:34am Jun 29, 2017 5:34am
Quoting bojack34
{quote}{quote} OK.....86'ing the idea totally......I do however have a "billy" note that says something about it's ok sometimes to trade the retrace of a news spike. Thanks again Mr.B!
yes, i was going to say that as an extra, but i did say you can trade the news. Let news announce then get in with retrace if possible,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,638
  • Jun 29, 2017 5:41am Jun 29, 2017 5:41am
[quote=billytt;10033653]
Quoting turnip15
Billy -look at it this way : If you didn't go to Florida with your young lady, would you look back in later years and regret not goin erm, no. tourist resort, i dont do tourists.. I will probably take her to see natural wonders like grand canyon etc
The point I was trying to make is - Would it be better to buy two tickets so that you can go together somewhere ( rather than buy her a ticket so that she goes alone somewhere) or are you being deliberately obtuse young William
every Saint has a past. Every Sinner has a Future
  • #19,639
  • Jun 29, 2017 5:44am Jun 29, 2017 5:44am
Quoting billytt
Quoting bojack34
ok another silly newbie question......get your head up azz picture ready........When it comes to trading the Red Flag News.....I've been told that the spreads get really really high, that makes placing Buy / Sell Stops on both sides slightly risky.....due to i think it's called "slippage" and the high spreads......so what i was thinking was would it be better to just use your counter philosophy and enter a trade 5 m 1st....ideally you don't want to be in a trade when news happens. 2nd... you can trade
...
Not a silly question. Rather a well thought out question Cat thinks.
Attached Image
every Saint has a past. Every Sinner has a Future
  • #19,640
  • Edited 6:17am Jun 29, 2017 5:46am | Edited 6:17am
Quoting turnip15
{quote}{quote} Not a silly question. Rather a well thought out question Cat thinks. {image}
Thanks Mr. T! Always nice to get some nice words of encouragement every now and then, especially when your trying to learn a BEAST like Forex!!!
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