Billytt Die happy trading e/j daily breakout | Page 1001 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #20,001
  • Jul 10, 2017 6:03pm Jul 10, 2017 6:03pm
Quoting slowbrain
Last 5 days before summer vacation still playing with E/J daily break first Sunday candle trade this morning and I add on Friday daily break also today was a good day I recoup part of previous losses It will take few trading day to clean the mess I wish everyone an excellent week and a wonderful summer SB
you too SB, have a good vacation and i am sure your losses will be got back, it could take several days.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,002
  • Jul 10, 2017 6:37pm Jul 10, 2017 6:37pm
PAGE 1001, yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,003
  • Edited 8:52pm Jul 10, 2017 8:39pm | Edited 8:52pm
Quoting lemercenaire
{quote} wh = wz wh = wz wh = wz...

I couldn't seem to make a trading plan using the Wick-zone Lem. That's why I can't apply it to my trading. Price moves in and out of the zones too quickly for me. I know yesterday isn't a good example because even using the high/mid/low I had to counter a million times, but looking at the wick-zones, you can see how many times price moved in and out of the zones. I'm not sure how to create a set of rules for this. If you can give some more insight of how you approach WZ trading (when you have time), that would be great. Thank you as always.

USDCAD M1 (Yesterday)
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USDCAD M1 (Day before) - More trades would've triggered because of spread.
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_____

Actually, I'll look into it more. Although there may be more quick counters in a shorter period of time, I think I am seeing how I can get out of trades earlier with the Wick-zones.
  • #20,004
  • Jul 11, 2017 1:19am Jul 11, 2017 1:19am

  1. EURGBP FB +5.8 pips
    Shorted at FB low. Aimed for 5 pips below FB low. TP was reached. I was willing to counter at FB high.

EURGBP M5

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  • #20,005
  • Jul 11, 2017 1:47am Jul 11, 2017 1:47am
15 minutes until 04-00 AU break. Green Pips to everyone today! Billy, I hope your lady is feeling better. Lem, I hope your are surviving!
  • #20,006
  • Jul 11, 2017 2:14am Jul 11, 2017 2:14am
t 08-12...
morning all. A/U nothing happening yet. E/J broke High for +7 and trade still running. not traded by me.
Cable, High triggered and thats that. Hopefully Cable will drop and i will short it off the Low .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,007
  • Jul 11, 2017 2:15am Jul 11, 2017 2:15am
Quoting bojack34
15 minutes until 04-00 AU break. Green Pips to everyone today! Billy, I hope your lady is feeling better. Lem, I hope your are surviving!
Hi Bo, she was feeling a bit low last evening.Today is our 10 month anniversary yaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,008
  • Jul 11, 2017 2:18am Jul 11, 2017 2:18am
Quoting billytt
{quote} Hi Bo, she was feeling a bit low last evening.Today is our 10 month anniversary yaaaaaaaaaaaaay
Attached Image
  • #20,009
  • Jul 11, 2017 2:19am Jul 11, 2017 2:19am
Quoting bojack34
{quote} {image}
nice one bud, thanks
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,010
  • Jul 11, 2017 2:20am Jul 11, 2017 2:20am
Quoting billytt
t 08-12... morning all. A/U nothing happening yet. E/J broke High for +7 and trade still running. not traded by me. Cable, High triggered and thats that. Hopefully Cable will drop and i will short it off the Low .
I too am watching Cable hoping for a Fail off the high waiting to trade the counter off the Low Trigger.
  • #20,011
  • Jul 11, 2017 2:23am Jul 11, 2017 2:23am
with my 04-00 AU break today I went with 2x lot size for my upper trigger but I'm only going for 3.5 pips instead of 5. I set my TP just short of the R1......and on the Low Trigger I will aim for just over 5 pips with both the DPV and the 00 Line sitting just around 8 to 9 pips away. If the High is triggered first and fails I'm going to 2x my lot size on my counter and go for those 8 to 9 pips with double lot size.
  • #20,012
  • Jul 11, 2017 2:34am Jul 11, 2017 2:34am
t 08-32, Cable has just made +10 off the High Break.
Even if it retraces and breaks Low we still have good stats but not as good as a Fail Retrace.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,013
  • Jul 11, 2017 2:35am Jul 11, 2017 2:35am
Quoting bojack34
with my 04-00 AU break today I went with 2x lot size for my upper trigger but I'm only going for 3.5 pips instead of 5. I set my TP just short of the R1......and on the Low Trigger I will aim for just over 5 pips with both the DPV and the 00 Line sitting just around 8 to 9 pips away. If the High is triggered first and fails I'm going to 2x my lot size on my counter and go for those 8 to 9 pips with double lot size.
sounds good to me
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,014
  • Jul 11, 2017 2:37am Jul 11, 2017 2:37am
A/U, don't forget the adr 5 day is 58 and 20 day is 51...
These are my ADR figures.
ADR = AVERAGE DAILY RANGE
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,015
  • Jul 11, 2017 2:43am Jul 11, 2017 2:43am
Cable is approaching yesterdays Daily High and has just hit the 00. also broke the inside bars on 4 hour chart..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,016
  • Jul 11, 2017 2:46am Jul 11, 2017 2:46am
Quoting billytt
Cable is approaching yesterdays Daily High and has just hit the 00. also broke the inside bars on 4 hour chart..
I have my ADR 20 for AU as 47......i'm using a NO Sunday Bar
  • #20,017
  • Jul 11, 2017 2:48am Jul 11, 2017 2:48am
Quoting bojack34
@Billy, If you are risking 1% pp on a normal Trigger Break..........do you also risk 1% pp on your retrace trades? If not how much do you risk?
@Billy....
  • #20,018
  • Jul 11, 2017 3:15am Jul 11, 2017 3:15am
So this just happened......I am obv sitting here on the cpu trading and I hear a noise outside (1:45 am) so I look out my window and I see the interior light on in my car. I run to my laundry room to see if I seeing it correctly and sure enough, someone is IN MY CAR. I run outside as fast as I can and they took off! It looked like 3 kids with backpacks on......those little MOTHER EFFERS broke into my car. Luckily for me I had nothing in my car. I called the Police and long story short.....they have their K-9 out looking for them right now.

EDIT: I had to cancel my AU trade because I wasn't sure how long this would take. I'm lucky that AU moves slow....I just re-entered my trades.
  • #20,019
  • Jul 11, 2017 3:16am Jul 11, 2017 3:16am
Quoting bojack34
{quote} I have my ADR 20 for AU as 47......i'm using a NO Sunday Bar
same here i do not count Sunday bar and my 20 day adr is 51
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,020
  • Jul 11, 2017 3:20am Jul 11, 2017 3:20am
Quoting bojack34
{quote} @Billy....
It is entirely up you.
OR ,,,,Trigger trade is .5 and a retrace trade is .5 that way you need smaller bank.
OR just trade a retrace only. and as long as it keeps retracing up and down or vice versa you can keep trading until either the +10 is made or it fails.
Retrace trades are the bonus trades where lots of extra %%% can be made
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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