Billytt Die happy trading e/j daily breakout | Page 1005 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #20,081
  • Jul 13, 2017 6:22am Jul 13, 2017 6:22am
[quote=bojack34;10081196]08-10.......I have AU ADR20 at 48.5 and today's ADR is already at 40. R2 sits almost right on the Upper Trigger and there is only about 8 pips left past the Trigger before AU reaches it's ADR20. I'm definitely not going to trade the initial break if it happens to be the Upper Trigger. I might however trade the Lower Trigger if the Upper Trigger so happens to break and fail. There appears to be about 20 pips available to us below the Lower Trigger which takes us almost e

you had doubts,,,STAY OUT.
almost at ADR STAY OUT.
I look for ADR off a Fail or a second trigger, (i hope will do this with Cable today)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,082
  • Jul 13, 2017 6:28am Jul 13, 2017 6:28am
Quoting faatkumo
{quote} when do you close trades #1 & #2?
Bud, you have to get into the mindset of not trading like all the gurus/info say you should do.

Limbo means to keep your money/trade in a preserved state, we have the stats to show we have an edge, just like casinos.

In Limbo then correct into positive over time.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,083
  • Jul 13, 2017 6:35am Jul 13, 2017 6:35am
A/U High broke for +10.
E/J High broken then FAILED,,, look at the low trigger , yaaaaaaaaaaaaaay , i didnt trade it..
Cable the High broke for +10, i didn't trade it. WHY?????
The range was too big ( 47)
i am hoping to short the 04-00 low looking for some of the ADR, 1st compound hopefully
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,084
  • Jul 13, 2017 7:32am Jul 13, 2017 7:32am
Quoting billytt
A/U High broke for +10. E/J High broken then FAILED,,, look at the low trigger , yaaaaaaaaaaaaaay , i didnt trade it.. Cable the High broke for +10, i didn't trade it. WHY????? The range was too big ( 47) i am hoping to short the 04-00 low looking for some of the ADR, 1st compound hopefully
Aw look what Hanover sent.
Attached Image
  • #20,085
  • Jul 13, 2017 7:48am Jul 13, 2017 7:48am
No trades yet want it to break today's high hit adr see what Janet has to say then start selling.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(£)H1.png Size: 62 KB
  • #20,086
  • Jul 13, 2017 9:18am Jul 13, 2017 9:18am
Quoting claudia1
{quote} Aw look what Hanover sent. {image}
yay, a full bodied teasing little number with a hint of ooooooooomph.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,087
  • Jul 13, 2017 9:20am Jul 13, 2017 9:20am
Quoting billytt
{quote} yay, a full bodied teasing little number with a hint of ooooooooomph.
lol yep.
  • #20,088
  • Jul 13, 2017 9:29am Jul 13, 2017 9:29am
Took a couple of quick scalps and up so far. Not sure where this is heading. Will wait now for 16.00 and see where we go.

Friend of mine gave me some fruit cake (like an xmas cake) eating now wow it is laced with brandy but very moist !!
  • #20,089
  • Jul 13, 2017 11:20am Jul 13, 2017 11:20am
Quoting claudia1
No trades yet want it to break today's high hit adr see what Janet has to say then start selling. {image}
Thanks Janet knew you wouldn't let me down.
Attached Image (click to enlarge)
Click to Enlarge Name: janet.png Size: 28 KB
  • #20,090
  • Jul 13, 2017 3:11pm Jul 13, 2017 3:11pm
Quoting bojack34
As I stated in my previous post I didn't trade the original break of the 04-00 AU. I did however decide to make a retrace trade once price went above the .77250 Quarter Line and also exceeded the ADR20. I entered at 077261 for my first SHORT but when price went up to .77283 I thought to myself I wish I would have gotten in here and then I thought to myself...If you can't add to a position you should EXIT the position.....so I added another SHORT at .77283. I set both trades with a TP of +5. Both were hit and I gained a total of +10 pips of of my...
''If you can't add to a position you should EXIT the position.''
Yep... And another is hatched ...
  • #20,091
  • Jul 13, 2017 3:18pm Jul 13, 2017 3:18pm
Good to see everyone in good spirits (one way or another, eh Claudia ).

My enforced holiday is almost over. Went on a boat trip today - I do love the water. Still can't wait to get back on the FX horse, though, lol.

Talking of holidays, bear in mind it's Bastille Day in France (funnily enough, lol) tomorrow. Bank holiday.

I'm off to see what I missed today. I can't help myself, it's a form of mild torture
  • #20,092
  • Jul 13, 2017 3:21pm Jul 13, 2017 3:21pm
Quoting lemercenaire
Good to see everyone in good spirits (one way or another, eh Claudia ). My enforced holiday is almost over. Went on a boat trip today - I do love the water. Still can't wait to get back on the FX horse, though, lol. Talking of holidays, bear in mind it's Bastille Day in France (funnily enough, lol) tomorrow. Bank holiday. I'm off to see what I missed today. I can't help myself, it's a form of mild torture
enforced holiday
LOL Just go and relax for goodness' sake!
  • #20,093
  • Jul 13, 2017 4:00pm Jul 13, 2017 4:00pm
Quoting StudyFX
{quote} enforced holiday LOL Just go and relax for goodness' sake!
I was just talking to BO and telling him how I was out on the water today and found myself wondering how the France40 was going to settle itself for tomorrow's Bastille Day...I have a problem, lol...
  • #20,094
  • Jul 13, 2017 6:25pm Jul 13, 2017 6:25pm
sit down everyone and listen,,
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,095
  • Jul 14, 2017 2:58am Jul 14, 2017 2:58am
So Billy what would be an acceptable range on the first 4 hr candle on the GU to trade the break of it's high or low? Thanks
  • #20,096
  • Jul 14, 2017 3:00am Jul 14, 2017 3:00am
well it is Friday....
A/U broke High and trade is still running..... not traded by me....
E/J broke Low and trade is still running,
Cable ALMOST broke High but didn't , i will be watching this like a vulture watching a dying man in the desert. I WANT TO SHORT IT ON LOW.

BUT,,,,, My Lady has given me some stats for (would you believe it) wait for it, i said wait der der E/U...
and i am actually trading it Long and she wants it compounding lol
.That is love for you...
It has 18 range and she wants me to trade off the 08-00 bar as well.... (that is greed) lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,097
  • Jul 14, 2017 3:02am Jul 14, 2017 3:02am
Quoting sheppy
So Billy what would be an acceptable range on the first 4 hr candle on the GU to trade the break of it's high or low? Thanks
Hi Sheppy and welcome, my preference is a Range approx 28, but i will trade off 18 ish and 32ish.
If the range is example 40 i will leave it or maybe only do a little trade, definately not compound
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,098
  • Jul 14, 2017 3:22am Jul 14, 2017 3:22am
Quoting billytt
well it is Friday.... A/U broke High and trade is still running..... not traded by me.... E/J broke Low and trade is still running, Cable ALMOST broke High but didn't , i will be watching this like a vulture watching a dying man in the desert. I WANT TO SHORT IT ON LOW. BUT,,,,, My Lady has given me some stats for (would you believe it) wait for it, i said wait der der E/U... and i am actually trading it Long and she wants it compounding lol .That is love for you... It has 18 range and she wants me to trade off the 08-00 bar as well.... (that is...
It Must be Love, Love , Love, there's a song their somewhere Mr B have a great day good hunting . I am out and about at moment see you soon. your a gent.
  • #20,099
  • Jul 14, 2017 3:31am Jul 14, 2017 3:31am
Thanks Billy
  • #20,100
  • Edited 3:55am Jul 14, 2017 3:36am | Edited 3:55am
Billy do you ever Compound on the next day's Original Trigger break? Or is it ALWAYS on the Opposite Trigger on the Counter Trade? ALSO, when your original trade fails and you counter, if/when you put in 2 trades on the Counter....do you ever "double" the lot size of the first trade going for +5? Or, is it ALWAYS same lot size as the original failed trade? Sorry for 2 questions at once. TY Billy!!
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