Billytt Die happy trading e/j daily breakout | Page 1049 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #20,961
  • Aug 7, 2017 4:14pm Aug 7, 2017 4:14pm
Okaymadoaklay...Dead Zone.

The ones I mentioned on my watch-list ran like this:

AU Dropped as needed and the long opportunity did come.
UNok Didn't bounce about as much as I expected but a WZ out and then back in would have been fine.
GN The wanted short came - either as an initial WZ move or as a low break following on.
AN A couple of breaks long but nothing beefy.
NU One of the solid options and running WZ would have given some ok surfing moves.
XAU The second of the stronger options and ended up running as expected, with a good move long.
Then of course, my choice UJ, gave me the WZ short I was looking for, as noted in the previous post above.

Anyway, for the record, here's how all the pairs showed up on the day...

EURJPY
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USDCAD
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AUDUSD
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Click to Enlarge Name: AUDUSDH1DeadZone7thAug17at20.37uk.png Size: 31 KB


USDNOK
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Click to Enlarge Name: USDNOKH1DeadZone7thAug17at20.37uk.png Size: 30 KB


GBPNZD
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Click to Enlarge Name: GBPNZDH1DeadZone7thAug17at20.37uk.png Size: 30 KB
  • #20,962
  • Aug 7, 2017 4:16pm Aug 7, 2017 4:16pm
AUDNZD
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Click to Enlarge Name: AUDNZDH1DeadZone7thAug17at20.37uk.png Size: 28 KB


GBPUSD
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Click to Enlarge Name: GBPUSDH1DeadZone7thAug17at20.37uk.png Size: 25 KB


CADJPY
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH1DeadZone7thAug17at20.37uk.png Size: 28 KB


NZDUSD
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Click to Enlarge Name: NZDUSDH1DeadZone7thAug17at20.37uk.png Size: 26 KB


NZDJPY
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Click to Enlarge Name: NZDJPYH1DeadZone7thAug17at20.37uk.png Size: 27 KB
  • #20,963
  • Aug 7, 2017 4:18pm Aug 7, 2017 4:18pm
XAUUSD
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Click to Enlarge Name: XAUUSDH1DeadZone7thAug17at20.37uk.png Size: 26 KB


USDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1DeadZone7thAug17at20.37uk.png Size: 26 KB


GBPJPY
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Click to Enlarge Name: GBPJPYH1DeadZone7thAug17at20.37uk.png Size: 29 KB


GER30
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Click to Enlarge Name: GER30H1DeadZone7thAug17at20.37uk.png Size: 26 KB


OILUSD
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Click to Enlarge Name: OILUSDH1DeadZone7thAug17at20.37uk.png Size: 31 KB
  • #20,964
  • Aug 7, 2017 4:23pm Aug 7, 2017 4:23pm
All done - see everyone again, tomorrow.
  • #20,965
  • Aug 7, 2017 4:25pm Aug 7, 2017 4:25pm
Quoting lemercenaire
XAUUSD {image} USDJPY {image} GBPJPY {image} GER30 {image} OILUSD {image}
I wish I was allowed to stay up late like you :-)
Spent some hours looking at Range and Mean Renko Bars !!
Attached Image
every Saint has a past. Every Sinner has a Future
  • #20,966
  • Aug 8, 2017 1:56am Aug 8, 2017 1:56am
morning all, almost ding ding, trade well and i will see you soon, I have some catch up to do..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,967
  • Aug 8, 2017 2:08am Aug 8, 2017 2:08am
Quoting bojack34
{quote} Sorry Billy, I didn't know or else I never would have said anything. I'm sorry to hear about your break up but it sounds like someone else has bigger plans for you in life anyway. It's funny how things work out in life. You might have just started the BEST chapter in your life! Here's to your "next" chapter in life....
Thank you for your kind words Bo,
i believe you are right too. This is a big chapter in my life. This Lady is a person who i used to go out with many years ago and like she says ,quote, she had to let me go for reasons, but she said she would get me in the end... bless her and she has... yaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,968
  • Aug 8, 2017 2:12am Aug 8, 2017 2:12am
Quoting lemercenaire
{quote} Go Billy! {image}
Thank you Lem, i hit a touch down, scored winning penalty at wembley, kicked winning drop goal against the All Blacks (maybe not) i fell lucky bud with this one...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,969
  • Aug 8, 2017 2:14am Aug 8, 2017 2:14am
Quoting claudia1
Last one - never saw him but he can play ! I'm off it's wine bar time late already - been fun take care. https://www.youtube.com/watch?v=4O_YMLDvvnw
saw gary More when he hooked up with Thin Lizzy
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,970
  • Aug 8, 2017 2:31am Aug 8, 2017 2:31am
Quoting Flexo
Just catching up. Great input from you all, thanks! The last few weeks, before I arrived here, I have actually been going over a lot of data for another range break idea. I can see that for instance cable has a great success rate like you have, the problem I was facing when going over my idea was my stop loss placement, which would stop me out too often. It would still be profitable, but not have such a great success rate as you are having. For this reason I think your approach of trading without a stop loss and counter trading would probably work...
Hi Flexo, we welcome positive criticism. You make good points?
Once you use a stop loss you can lose, no stop loss you cannot lose. BUT you need the bank to cover you..
a loss/counter can be recovered over time, we have the stats to prove it, it could take a day or a lot longer.
some days we make more than 5, this extra can offset a loss.
quite often, if i have a fail i trade the opposite end and if that fails i wait until next day (sometimes i dont) It happens but not often.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,971
  • Aug 8, 2017 2:35am Aug 8, 2017 2:35am
[quote=Flexo;10160288]Just catching up. Great input from you all, thanks! The last few weeks, before I arrived here, I have actually been going over a lot of data for another range break idea. I can see that for instance cable has a great success rate like you have, the problem I was facing when going over my idea was my stop loss placement, which would stop me out too often. It would still be profitable, but not have such a great success rate as you are having. For this reason I think your approach of trading without a stop loss and counter trading would probably work out better. I am sure m

Lem has posted a good answer too, re above
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,972
  • Aug 8, 2017 2:38am Aug 8, 2017 2:38am
[quote=Flexo;10161183]{quote} Wow, I can't thank you enough for these detailed posts I have read it a few times, it is a lot to get my head around, but looks very interesting especially as this is a completely different approach of trading as I am used to. I need to study it in more detail, so will do this tomorrow. I am located in Holland, but have a broker in Australia so hedging is no problem. I have gone thro

keep asking questions and you will be helped..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,973
  • Aug 8, 2017 2:40am Aug 8, 2017 2:40am
Quoting swingtrade65
{quote} Billy, Claudia.....Flexo is my buddy and I sent him here for some edumucation....make sure and treat him proper
Hi Swing, hope all is well, good to see you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,974
  • Aug 8, 2017 2:45am Aug 8, 2017 2:45am
NOT a happy camper!!! Grrrrr...

All set up for The DAX-Monster...hunkered down in the hide. Finger on the trigger...

STILL too fast for me!!!

The move actually started a few seconds pre-candle change and was off and running before I was able to go. I'll need to investigate Billy's set-off-early technique for stuff like this.

First appearance of Angry-Evil-Smiley-Face, lol.

DAX 06:00 - 08:00 Grrrrrrrrrrrrrrr...
Attached Image


The move was a WZ drop into the body and would have bagged the +5% and more easily.

The reason I had been looking at a short against what was probably a long bias on the H1, was the m5 was distinctly short-heavy. However, dropping back in on it, there was now a nice surfing channel set up for some bounce-and-rebound action and so I quickly got on my board and got a couple of entries on the way up. Got some nice percents and took some of the sting out of the earlier swing-and-miss.

First appearance of the Evil-Smiley-Face-Twins!

Attached Image (click to enlarge)
Click to Enlarge Name: Inked.DE30CashM5asDAX-Scalp8thAug17doubleforsomething_LI.jpg Size: 398 KB
  • #20,975
  • Aug 8, 2017 2:51am Aug 8, 2017 2:51am
Lots of good music & artists posted.
I was at a music festival over weekend, first one as a punter.
In the past I was normally backstage with a principle when i was body guard. It was really good fun too.
My new Lady took me (i shall call her something new) and we stayed in her 1970s Volkswagen sleeper van, ( refitted to amazing standard) and she paid for everything yaaaaaaaaaaaaaaaaaaaaaaaaaaaay.
But yesterday morning before we left i stuck a trade on A/U on mobile and i made enough to repay her what she had spent lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,976
  • Aug 8, 2017 2:52am Aug 8, 2017 2:52am
[quote=lemercenaire;10165762]NOT a happy camper!!! Grrrrr... All set up for The DAX-Monster...hunkered down in the hide. Finger on the trigger... STILL too fast for me!!! The move actually started a few seconds pre-candle change and was off and running before I was able to go. I'll need to investigate Billy's set-off-early technique for stuff like this. First appearance of Angry-Evil-Smiley-Fac
it is tricky at times...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,977
  • Aug 8, 2017 2:59am Aug 8, 2017 2:59am
[quote=billytt;10165791]
Quoting lemercenaire
NOT a happy camper!!! Grrrrr... All set up for The DAX-Monster...hunkered down in the hide. Finger on the trigger... STILL too fast for me!!! The move actually started a few seconds pre-candle change and was off and running before I was able to go. I'll need to investigate Billy's set-off-early technique for stuff like this. First appearance of Angry-Evil-Smiley-Fac it is tricky at times...
Winner of ''Understatement Of The Week Award'' goes to...lol.

I have to say though, I do get a major kick from it. Worth the frustrations...usually...
  • #20,978
  • Aug 8, 2017 3:01am Aug 8, 2017 3:01am
[quote=Flexo;10160288]Just catching up. Great input from you all, thanks! The last few weeks, before I arrived here, I have actually been going over a lot of data for another range break idea. I can see that for instance cable has a great success rate like you have,

Also,,, i look for 5% per day normally off 1 trade... quite often i make more than 5% .. All this extra goes to off set a loss.
Some people say this is still a loss and maybe they have a point, but as long as i have an extra 25% of bank at end of week/ i dont care. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,979
  • Aug 8, 2017 3:08am Aug 8, 2017 3:08am
Definitely a long bias on the DAX H1, lol...

Attached Image (click to enlarge)
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  • #20,980
  • Aug 8, 2017 3:21am Aug 8, 2017 3:21am
I passed out and woke up to Cable breaking the Low Trigger and in currently in a retrace. I'm hoping for a fail so I can trade the opposite trigger. Considering the range is only at 21 so far, I will shoot for a few extra pips then I normally would.
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