Billytt Die happy trading e/j daily breakout | Page 1034 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #20,661
  • Jul 28, 2017 2:12am Jul 28, 2017 2:12am
Quoting billytt
t 08-06 E/U broke High for the 5 after spread, i had one lot on it. and that was my final trade for my lady. she ended up with 650 yaaaaaaaaaaay.
  • #20,662
  • Jul 28, 2017 2:17am Jul 28, 2017 2:17am
Quoting billytt
{quote} yes, If High was xxx.1 i would long at xxx If Low was xxx.2 i would short at xxx it isnt mathematically correct but this is how i trade my method. With a High Break we could sometimes be whole point out as you mentioned xxx.9 for example,,, enter at xxx
Thanks Billy
Super clear explanation
  • #20,663
  • Jul 28, 2017 2:37am Jul 28, 2017 2:37am
Cable, i have a short on, entered off a slight retrace, hopefully save me a few points
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,664
  • Jul 28, 2017 2:41am Jul 28, 2017 2:41am
Quoting billytt
Cable, i have a short on, entered off a slight retrace, hopefully save me a few points
I did the same. I entered a retrace trade as well as my original break. I have doubled up my bet on cable original break tonight. Not my typical strategy with Cable.
  • #20,665
  • Jul 28, 2017 2:42am Jul 28, 2017 2:42am
G'day, folks. Hope all's good on the last Friday of the month.

Jumped on the DAX-Monster's tail as usual this morning. WZ trade back into the body and cleared the +5% and ultimately I took +9% out of it.

DAX 06:00 - 08:00 (Done WZ +5% (+9%))
Attached Image (click to enlarge)
Click to Enlarge Name: InkedDAX-Monster06.00-08.00July28th17crop_LI.jpg Size: 869 KB


Once again, the companion-piece in this theatre of cash, the F40, banged home the profit with zero effort on both the 04:00 - 08:00 and the 07:00 - 08:00 variant. However, also once again, I just can't get on both it and the DAX at the same time, both simply move too fast. Need to find a solution to that.

F40 06:00 - 08:00
Attached Image


F40 07:00 - 08:00
Attached Image
  • #20,666
  • Jul 28, 2017 2:43am Jul 28, 2017 2:43am
Quoting bojack34
{quote} I did the same. I entered a retrace trade as well as my original break. I have doubled up my bet on cable original break tonight. Not my typical strategy with Cable.
Be careful running 2 trades at once. UNLESS you have the bank
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,667
  • Jul 28, 2017 2:44am Jul 28, 2017 2:44am
Did AU hit the +5 on that twitch North? Looks like it may have just failed on the spread factor.

It has just done the biz on a WZ move back inside.

GU just broke low.
  • #20,668
  • Jul 28, 2017 2:48am Jul 28, 2017 2:48am
Quoting bojack34
Billy, Lem, Claudia, Mr T ...anyone else who would like to comment..........how do feel about trading on the last day of the month?
Doesn't usually bother me, though combining it with a Friday means I'd be more inclined to limit my activity.

I may not do much outside of the DAX and the other 04:00 options.

I don't like Friday's (certainly afternoons) at the best of times (I may have mentioned that once or twice before ).
  • #20,669
  • Jul 28, 2017 2:53am Jul 28, 2017 2:53am
Quoting lemercenaire
{quote} Doesn't usually bother me, though combining it with a Friday means I'd be more inclined to limit my activity. I may not do much outside of the DAX and the other 04:00 options. I don't like Friday's (certainly afternoons) at the best of times (I may have mentioned that once or twice before ).
NO DZ ON FRIDAYS!!! In the notes already..lol
  • #20,670
  • Jul 28, 2017 2:56am Jul 28, 2017 2:56am
Quoting billytt
{quote} Be careful running 2 trades at once. UNLESS you have the bank
I don't have the proper bankroll but I am still practicing and learning and I'll just chalk any of these small losses up as a very cheap learning experience from a very skilled instructor. It's hard for me to learn with "fake chips"
  • #20,671
  • Jul 28, 2017 2:59am Jul 28, 2017 2:59am
Quoting bojack34
{quote} NO DZ ON FRIDAYS!!! In the notes already..lol
There's no scientific reason for that though - I just don't like trading Fridays, lol!
  • #20,672
  • Jul 28, 2017 3:16am Jul 28, 2017 3:16am
Quoting lemercenaire
Did AU hit the +5 on that twitch North? Looks like it may have just failed on the spread factor. It has just done the biz on a WZ move back inside. GU just broke low.
It just made it, it went 6.? . i would of had a little spread to of got +5.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,673
  • Jul 28, 2017 3:19am Jul 28, 2017 3:19am
Quoting lemercenaire
{quote} There's no scientific reason for that though - I just don't like trading Fridays, lol!
yes, i was going to say,
Trade any Fri any week but you dont want to trade late and get stuck in a trade over the weekend.
Unless you have THE FEELING lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,674
  • Jul 28, 2017 3:33am Jul 28, 2017 3:33am
i had a short on but closed it with a very small loss,,
LOSS you say, lol.. I am up over the week etc and last week and the week before..
i can go out now but we have options of entering a retrace trace or even if it fails , trade opposite end for Daily High or adr,,IF it happens
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,675
  • Edited 3:58am Jul 28, 2017 3:48am | Edited 3:58am
I know it's early for you guys to post this stuff. I've never shared before........but this is what i'm listening to at the moment while trading. There are some good songs on this track.

EDIT: This was a track from youtube that had about 50 songs on it.....very good songs. This was the first song and it only copied this song with the link. I guess im not smart enough to copy and paste. Enjoy this song at least...one of my favorites.

Inserted Video


One more for you......enjoy

Inserted Video
  • #20,676
  • Edited 4:13am Jul 28, 2017 4:02am | Edited 4:13am
t 10-02 Cable just failed. Lets see what happens, i put chart up in a moment
chart at 10-06
Attached Image


Daily High we don't know what it will be?
The adr should make a High at 13158 OR more, that is an adr of 90 (5 day)

edit, dont forget the +20

edit,,, red bar is the 04-00 trigger bar
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,677
  • Jul 28, 2017 4:03am Jul 28, 2017 4:03am
Quoting bojack34
I know it's early for you guys to post this stuff. I've never shared before........but this is what i'm listening to at the moment while trading. There are some good songs on this track. EDIT: This was a track from youtube that had about 50 songs on it.....very good songs. This was the first song and it only copied this song with the link. I guess im not smart enough to copy and paste. Enjoy this song at least...one of my favorites. https://www.youtube.com/watch?v=fRgW...=RDfRgWBN8yt_E One more for you......enjoy https://www.youtube.com/watch?v=COiI...N8yt_E&index=5...
both excellent songs, both good artists
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,678
  • Jul 28, 2017 4:49am Jul 28, 2017 4:49am
Cable Went short on 4am low went long on break high = locked , took another Long but price jumped north and didn't get filled till 3098 ahhh so now in hole mmmm now sat on thumbs with one short and two long all in minus,,,, for now
  • #20,679
  • Jul 28, 2017 4:56am Jul 28, 2017 4:56am
Quoting Pipradar
Cable Went short on 4am low went long on break high = locked , took another Long but price jumped north and didn't get filled till 3098 ahhh so now in hole mmmm now sat on thumbs with one short and two long all in minus,,,, for now
You could have locked up those 10 pips from the extra bet and just kept the original trade in limbo until next week......or you could have put some sort of BE or trailing stop (billy wouldn't) on that 2nd trade also if you wanted. You want to try to lock up those extra pips on the 2nd trade if at all possible, then you still have the OG trade in limbo.....no harm no foul. At this point you can just put in another trade to put that extra lot in limbo also.

Although it's best to wait for the Dean himself to answer this one. That was just my opinion
  • #20,680
  • Jul 28, 2017 5:06am Jul 28, 2017 5:06am
Quoting bojack34
{quote} You could have locked up those 10 pips from the extra bet and just kept the original trade in limbo until next week......or you could have put some sort of BE or trailing stop (billy wouldn't) on that 2nd trade also if you wanted. You want to try to lock up those extra pips on the 2nd trade if at all possible, then you still have the OG trade in limbo.....no harm no foul. At this point you can just put in another trade to put that extra lot in limbo also. Although it's best to wait for the Dean himself to answer this one. That was just my...
Hi BO, thanks for your input, what happend was I I I I screwed up on the break long which should have been 2x the low break , as you rightly say, my orders are default as last trade = derrrr, my fault , but as we know screw up and then get screwed trying to fix it,
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