Billytt Die happy trading e/j daily breakout | Page 1019 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #20,361
  • Jul 21, 2017 3:21am Jul 21, 2017 3:21am
t 09-19
so far A/U no trigger.
Cable,high broke then a drop down, anything can happen.
E/J low broke for +9 then move up, anything can happen.
E/U nothing has happened....

E/J on paper should still drop, if it doesnt we either have an inside bar or the high will break for daily high
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,362
  • Jul 21, 2017 3:29am Jul 21, 2017 3:29am
oops , i just realised my Cable figures earlier are slightly wrong
High is 12999 ,,,,,Low is 12961,,, range is 38 not 41 as i posted.

edit, the chart adr high/low (90 range is ok though.
dont forget it can/will be adjusted
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,363
  • Jul 21, 2017 3:38am Jul 21, 2017 3:38am
t 09-37 Cable, i mentioned a retrace trade earlier, We could of made a few %%%%%% as it went up again. still hasnt made +10 ,
i am just saying

edit, same with E/J right now, it could/can be shorted
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,364
  • Jul 21, 2017 3:53am Jul 21, 2017 3:53am
t 09-52
So far, A/U no trigger,,,
E/U no trigger


edit,,, Cable high broke with not much happening.
E/J low broke with not much happening
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,365
  • Jul 21, 2017 4:08am Jul 21, 2017 4:08am
Starving L.O.L.
Attached Image
  • #20,366
  • Jul 21, 2017 4:35am Jul 21, 2017 4:35am

  1. GBPUSD H1 7-00 +14.1 pips (-11.2+16.3+9.0)
    I saw that price broke the high and retraced. Price already went to the mid, but was slightly above it. I entered a buy aiming for +5 above the high. I was willing to counter at the mid. Price almost reached my target, but went back down. Countered at the mid (negative slippage). Closed the counter and added a buy at the high. Aimed for more that +5 based on fibs and S+D. There was a lot of resistance, but TP was reached.

GBPUSD M5

Attached Image (click to enlarge)
Click to Enlarge Name: 20170721043121.jpg Size: 84 KB
  • #20,367
  • Jul 21, 2017 4:54am Jul 21, 2017 4:54am
Cable High has got the + 10,
maybe US open might get a drop, don't forget it is Fri, so maybe fixing of books etc,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,368
  • Jul 21, 2017 4:58am Jul 21, 2017 4:58am
Quoting billytt
Cable High has got the + 10, maybe US open might get a drop, don't forget it is Fri, so maybe fixing of books etc,
what do you think the odds are of Cable making ADR today....or at least Modest ADR? ADR High?
  • #20,369
  • Jul 21, 2017 4:58am Jul 21, 2017 4:58am
eurjpy on the way south at moment just observing.
  • #20,370
  • Edited 6:10am Jul 21, 2017 5:05am | Edited 6:10am
Quoting Pipradar
eurjpy on the way south at moment just observing.
The EUR is really weak right now

EDIT: Just read this.....so maybe not as weak as I originally thought...

"The EUR rallied yesterday after ECB president Mario Draghi indicated the intention to discuss tapering in Septembers meeting. Despite Mario Draghi being mildly Hawkish and almost tame, the market latched onto his comments and started to price in the possibility of tapering"
  • #20,371
  • Jul 21, 2017 5:14am Jul 21, 2017 5:14am
Quoting bojack34
{quote} what do you think the odds are of Cable making ADR today....or at least Modest ADR? ADR High?
That i dont know, It broke High so should keep going up until X. if it dro[s and breaks low it should make the daily low X and /or adr range .
We must try and not think were it will go, we trade lines
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,372
  • Jul 21, 2017 5:19am Jul 21, 2017 5:19am
t 11-18 Cable adjusted adr low is now 12930
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,373
  • Jul 21, 2017 6:01am Jul 21, 2017 6:01am
Quoting billytt
t 11-18 Cable adjusted adr low is now 12930 {image}
Follow that Mr B.
We must try and not think were it will go, we trade lines
This is where I go Wrong sometimes, and I need to remain disciplined.... although that does not mean that I don't have a preferred direction trading the line. I sometimes bottle the break BEcause I am convinced price is going to wipsaw me L.O.L. Discipline .
  • #20,374
  • Jul 21, 2017 6:05am Jul 21, 2017 6:05am
Quoting Pipradar
Starving L.O.L. {image}
mmmmmm i just had bacon and scrambled egg
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,375
  • Jul 21, 2017 6:07am Jul 21, 2017 6:07am
Quoting Pipradar
{quote} Follow that Mr B. We must try and not think were it will go, we trade lines This is where I go Wrong sometimes, and I need to remain disciplined.... although that does not mean that I don't have a preferred direction trading the line. I sometimes bottle the break BEcause I am convinced price is going to wipsaw me L.O.L. Discipline .
as you start getting later into the day we have more chance of whip, Uk open and US open best volatile times, It may not happen straight away
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,376
  • Jul 21, 2017 6:21am Jul 21, 2017 6:21am
Quoting billytt
{quote} as you start getting later into the day we have more chance of whip, Uk open and US open best volatile times, It may not happen straight away
Thanks Mr B.
  • #20,377
  • Jul 21, 2017 6:28am Jul 21, 2017 6:28am
t 12-27
A/U broke High for +10...
Cable broke High for +10...
E/J broke Low for +10...
E/U no trigger.....
all ranges quite small
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,378
  • Jul 21, 2017 6:47am Jul 21, 2017 6:47am
t 12-45 Cable 08-00 bar can be traded but not by me.
We are close to yesterdays Daily High and also todays adr.
so maybe the break off 08-00 high could be a winner. if you want +15 maybe +20 maybe +30
if it does you will see what i mean, i want the drp though.
AND we dont want to be left in a trade over weekend
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,379
  • Jul 21, 2017 7:00am Jul 21, 2017 7:00am
Quoting billytt
t 12-45 Cable 08-00 bar can be traded but not by me. We are close to yesterdays Daily High and also todays adr. so maybe the break off 08-00 high could be a winner. if you want +15 maybe +20 maybe +30 if it does you will see what i mean, i want the drp though. AND we dont want to be left in a trade over weekend
1pm Cable now back into 4am Range.
  • #20,380
  • Jul 21, 2017 7:08am Jul 21, 2017 7:08am
Quoting billytt
t 12-45 Cable 08-00 bar can be traded but not by me. We are close to yesterdays Daily High and also todays adr. so maybe the break off 08-00 high could be a winner. if you want +15 maybe +20 maybe +30 if it does you will see what i mean, i want the drp though. AND we dont want to be left in a trade over weekend
Now with the 08-00 bar we have to worry about the DPV line being in our way......dang you DPV!
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