Billytt Die happy trading e/j daily breakout | Page 1013 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #20,241
  • Jul 19, 2017 8:35am Jul 19, 2017 8:35am
Quoting billytt
i remember several years ago i was banned in a room, Everyone loved the guru who owned the thread, the sun shone from his ass (pardon the expression) and he shouted out E/U sell sell sell. which they did, anyway cut story short, a lot of people lost a lot of money, many of whom don't trade anymore edit, this post was meant to be added to a BO post
Many good traders get banned.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20,242
  • Jul 19, 2017 8:55am Jul 19, 2017 8:55am
Quoting TooSlow
{quote} Many good traders get banned.
Billy's favourite was Daddy Bear.
  • #20,243
  • Jul 19, 2017 9:38am Jul 19, 2017 9:38am
Quoting claudia1
{quote} Billy's favourite was Daddy Bear.
Mmmm L.O.L. . aHEM back to charts
  • #20,244
  • Jul 19, 2017 1:16pm Jul 19, 2017 1:16pm
Quoting Pipradar
{quote} Mmmm L.O.L. . aHEM back to charts
lol - another lucky day here. Bit messy on the way but ..........
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  • #20,245
  • Jul 19, 2017 5:29pm Jul 19, 2017 5:29pm
Quoting lemercenaire
Dead Zone is looking a bit, well...dead... Best and most likeliest option is looking to be GN on any bounce back up... {image} Secondary interest could come from GJ, though as a later entry... {image} Finally, the DAX could also come into play if it decides a bounce is a good idea... {image} (AN was possible - but the range is so small and price action is a bit hookie. I dunno...) {image} We'll see. Back later.
DZ for today...

GN did the deed though with a bit more huffin'-and-puffin' than I would have preferred. However, as I'm a stubborn sod, I just played it through the day...
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I backed that up with a few guerrilla trades on the DAX-Monster as it bounced up-and-down between the two zones. A kind of Dead Zone +...
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Of the others I mentioned above as possibles, GJ just headed South and never looked back, while the one I kind of dismissed, AN, actually would have been the most straight forward of the lot. Ce'st la guerre...
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  • #20,246
  • Jul 19, 2017 5:34pm Jul 19, 2017 5:34pm
[quote=slowbrain;10099935]
Quoting billytt
{quote} For all of you {image}
Nice one, SB and one could say that this is the other side of the same coin...
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No naked charts tonight, as I am off out for a bit. I'll get back to doing that at some point later.

Catch y'all tomorrow.
  • #20,247
  • Jul 19, 2017 8:42pm Jul 19, 2017 8:42pm
Quoting TooSlow
{quote} Many good traders get banned.
They are indeed TS, hope you are fine.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,248
  • Jul 19, 2017 8:43pm Jul 19, 2017 8:43pm
Quoting claudia1
{quote} Billy's favourite was Daddy Bear.
aaaaaaaaaaaaaaaaaaaaaaaaaaaagh a notorious living legend for stupidness. He would be a good euro MP
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,249
  • Jul 19, 2017 9:55pm Jul 19, 2017 9:55pm

  1. USDCAD WH +16.3 pips (-4.0-7.5-8.2+9.0*4)
    Sold at the low. Countered at the mid. Closed the counter and added a sell at the low. Aimed for a bit more than 5 pips below the low. Price spiked down, but TP wasn't reached because of the spread. Price went back up. Closed all sells and added 4 buys at the high. Aimed for more than +5 based on higher timeframe PA, fibs, and S+D. TP was reached.

USDCAD M5

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  • #20,250
  • Jul 20, 2017 12:17am Jul 20, 2017 12:17am
Billytt

about the 04:00 do you record specific stats about retracements such as number and depth of each retracement ?

im currently recording these stats since January 1 ... is it really necessary?

SB
trying to make everyday the best risk/reward decisions possible
  • #20,251
  • Jul 20, 2017 12:52am Jul 20, 2017 12:52am

  1. EURGBP FB +5.6 pips
    Shorted at FB low. Aimed for +5. TP was reached. Clean trade. I was willing to counter at FB mid.

EURGBP M5

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  • #20,252
  • Edited 2:25am Jul 20, 2017 1:20am | Edited 2:25am
I just got on to look at AU to see what the 04-00 break looked like, but unfortunately AU has already reached ADR today so I won't be trading it. My #2 option on my play list is to go to Cable and trade the Counter and Retraces. Looking at Cable we've have a at 17 pip range for the last 12 hours.....i have a feeling cable is going to explode sooner or later. I'm just hoping it's on a FAIL so I can COUNTER!! Good Trading to everyone today!

EDIT: GBP High Impact News (HIN) coming out at 09-30 and USD Unemployment Claims HIN coming out at 13-30. No doubt one of those two will make Cable move, if not both. Hopefully we can get some insight from our own in house Cable expert, "The Empress of The Kingdom of Mad Traders" Ms Claudia1

EDIT #2: Billy being the MADDEST!
  • #20,253
  • Jul 20, 2017 1:56am Jul 20, 2017 1:56am
Quoting slowbrain
Billytt about the 04:00 do you record specific stats about retracements such as number and depth of each retracement ? im currently recording these stats since January 1 ... is it really necessary? SB
Hello SB. i do not take stats for depth of retracement after trigger.
i do have stats to see how close to the opposite trigger a retrace goes, this can help in entering a trade early. But i do not rely on it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,254
  • Jul 20, 2017 1:57am Jul 20, 2017 1:57am
almost 08-00 trade well all..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,255
  • Jul 20, 2017 2:02am Jul 20, 2017 2:02am
Quoting billytt
{quote} Hello SB. i do not take stats for depth of retracement after trigger. i do have stats to see how close to the opposite trigger a retrace goes, this can help in entering a trade early. But i do not rely on it.

Thanks bilytt
have a wonderful day
trying to make everyday the best risk/reward decisions possible
  • #20,256
  • Jul 20, 2017 2:26am Jul 20, 2017 2:26am
Well.........I guess I got my 5 pips on Cable today......weeeeeee.....watch it go!!!
  • #20,257
  • Jul 20, 2017 2:28am Jul 20, 2017 2:28am
Quoting slowbrain
{quote} Thanks bilytt have a wonderful day
you too friend.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,258
  • Jul 20, 2017 2:29am Jul 20, 2017 2:29am
'Morning all. News later, as Billy has said. Glad to be in-and-out early.

The DAX gapped at the 07:55 close and then dropped to fill said gap. (Did the same between the 06:00 and 07:00 bars). I then got the percentages on the break out Northward.

I'm out-and-about this afternoon, so I won't be around for The Dead Zone (will be the same tomorrow, unfortunately) but will maybe look at a small excursion into EJ scalping-land till then...or I could just go get another brew (The Fuel Of Kings ) and watch some kodi-goodies...mmmmm...lol...

DAX 06:00 - 08:00 +5%
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  • #20,259
  • Jul 20, 2017 2:30am Jul 20, 2017 2:30am
t 08-29 yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay,
Cable broke Low for approx 30 , i got 10 of them (2 times) yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,260
  • Jul 20, 2017 2:34am Jul 20, 2017 2:34am
Quoting billytt
t 08-29 yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay, Cable broke Low for approx 30 , i got 10 of them (2 times) yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Are you compounding on the original break on Cable also?
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