Billytt Die happy trading e/j daily breakout | Page 1060 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #21,181
  • Aug 15, 2017 4:39am Aug 15, 2017 4:39am
Quoting lemercenaire
{quote} Busy elsewhere but nice clean drop for sure. GU even better, as it has dropped through the floor. Bad red news on GBP. Will be interesting to see what happens after the red news on the greenback this arvo.
Don't think it will matter too much. £ is basically weak and $ seems to have found support.

Know which way I'm going.
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  • #21,182
  • Aug 15, 2017 4:55am Aug 15, 2017 4:55am
Quoting claudia1
{quote} Don't think it will matter too much. is basically weak and $ seems to have found support. Know which way I'm going. {image}
I could never guess

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  • #21,183
  • Aug 15, 2017 5:55am Aug 15, 2017 5:55am
Quoting claudia1
{quote} Don't think it will matter too much. is basically weak and $ seems to have found support. Know which way I'm going. {image}
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  • #21,184
  • Aug 15, 2017 6:25am Aug 15, 2017 6:25am
Where you at Lem.....I need my Dead Zone options???? lol
  • #21,185
  • Aug 15, 2017 6:59am Aug 15, 2017 6:59am
Quoting bojack34
Where you at Lem.....I need my Dead Zone options???? lol
TA DA!!!

Watch List for the day.

EJ - surf
UC - short
GN - long
CJ - short

May be more but run out of time...
  • #21,186
  • Aug 15, 2017 7:32am Aug 15, 2017 7:32am
Quoting lemercenaire
{quote} TA DA!!! Watch List for the day. EJ - surf UC - short GN - long CJ - short May be more but run out of time...
Took CJ purely because that was the last chart to post up as an option and it looked just about the strongest option anyway.

Got a bit cheeky and entered on the rebound from the pivot instead of waiting for the drop to the WZ entry level. Job done. +5%

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Of the others on the list, GN hit tp long, UC would have given you a rebound short off the zone above (we'd only be looking to take a chance to get in an early surf here, so take the pips when you can, not necessarily waiting for +5 in a chunk) and EJ just picked up a nice ride north for more than +5 as well.

I'm off till Billy's Afternoon Delight. Have fun, folks.
  • #21,187
  • Aug 15, 2017 7:58am Aug 15, 2017 7:58am
Quoting Flexo
{quote} I noticed that A/U first failed on the Friday high, didn't break the low (would be 2nd trigger), then went back to break the high and reaching target. Can you explain when you consider it a fail? Is it because the first break high failed, and the low was not triggered? I am a bit confused as it did eventually break the high.
Hi Bud, i trade mid range SO it did fail lol.High broke then dropped and broke low then went back up.
This doesnt happen often but it does. Quite often normally i will stick to a counter maybe 2 then leave it until next trade/day.
Keep asking questions , i must also say, sometimes we have a feeling so stay out of a trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,188
  • Aug 15, 2017 8:01am Aug 15, 2017 8:01am
Quoting billytt
{quote} Hi Bud, i trade mid range SO it did fail lol.High broke then dropped and broke low then went back up. This doesnt happen often but it does. Quite often normally i will stick to a counter maybe 2 then leave it until next trade/day. Keep asking questions , i must also say, sometimes we have a feeling so stay out of a trade.
Cheers Billy, hope you are well.... Thanks for the answer, you cleared it up for me.
  • #21,189
  • Aug 15, 2017 8:02am Aug 15, 2017 8:02am
Quoting Violenteer
So I have a couple of questions about the daily break method. 1. For the daily break method, does it matter what time I my bars set to create a new bar? 2. When talking about breaking the previous daily high or daily low, what constitutes a break. 1 pip above or below. 0.1 pip above or below. So if the previous low was .79325 (AUDUSD)as example. What would constitute a break to make the trade? 3. Base on the above do you just set an order and then monitor it once its filled? Sorry if these are dumb questions guys. Better to ask than to wonder.
Hello Violenteer and welcome, i love the name.
Ask questions as often as you like and they are not dumb...the actual break i use is the actual whole number.
i will post some charts when i am free.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,190
  • Aug 15, 2017 8:06am Aug 15, 2017 8:06am
Quoting Flexo
Billy, I was wondering about the following situation. If you have a trigger and it fails you then open a counter on the other side. If this then fails do we have to wait until the next day for a trigger, or can we take the next trigger again (on the opposite side) when it occurs the same day? Cheers
i took a deep breath before answering this. Fail then counter , fail then counter, fail then counter. To do this you trade one way.ie 04-00 break, or daily break, you cannot mix them just incase they fail..
This is were the past trades making extra %%% come in, you can afford to lose some.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,191
  • Aug 15, 2017 8:07am Aug 15, 2017 8:07am
Quoting claudia1
@Lem - William has some catching up to do from today ! Suspect he'll appear in the early hours
i been at my new lady's lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,192
  • Aug 15, 2017 8:09am Aug 15, 2017 8:09am
Quoting lemercenaire
{quote} Never been a Porkie man - but my sometime business partner is big time (as is Pippy, of course) and he got me into a new one a couple of weekends ago. In a limited-edition steely-blue/powder blue mix. It felt kinda' dirty.
my ex lady had a audi tt for work like the other lecturers and a 90k 2 seat mercedes
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,193
  • Aug 15, 2017 8:11am Aug 15, 2017 8:11am
Quoting billytt
{quote} i been at my new lady's lol.
Good to see you back plenty reading !
  • #21,194
  • Aug 15, 2017 8:14am Aug 15, 2017 8:14am
I loved yesterday when E/U High Failed then dropped down BOOM, it is good to get it right.
Today i nailed Cable twice, first trade for 5 then a second which was more of a school boy error as gf started flirting and i made an error closing trade lol.
DONT ASK WHAT SHE WAS DOING yaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,195
  • Aug 15, 2017 8:16am Aug 15, 2017 8:16am
Quoting billytt
{quote} i took a deep breath before answering this. Fail then counter , fail then counter, fail then counter. To do this you trade one way.ie 04-00 break, or daily break, you cannot mix them just incase they fail.. This is were the past trades making extra %%% come in, you can afford to lose some.
Apologies, I got a bit confused by an older post, so I thought I better ask the question to be sure
  • #21,196
  • Aug 15, 2017 9:13am Aug 15, 2017 9:13am
Quoting claudia1
{quote} Good to see you back plenty reading !
Hi Claudia, i was devastated when ex let me go but she fouled up big time and she realised what she did, i will love her for always but i had to carry on. Luckily i fell right as i always do, Happy days. and yes lots of reading catchup...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,197
  • Aug 15, 2017 9:14am Aug 15, 2017 9:14am
i am out again but will be back in the early hours lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,198
  • Aug 15, 2017 10:02am Aug 15, 2017 10:02am
Quoting lemercenaire
{quote} I could never guess {image}
lol easy day for sellers. Good to see Billy back at the helm.
  • #21,199
  • Aug 15, 2017 10:05am Aug 15, 2017 10:05am
Quoting billytt
{quote} Hi Claudia, i was devastated when ex let me go but she fouled up big time and she realised what she did, i will love her for always but i had to carry on. Luckily i fell right as i always do, Happy days. and yes lots of reading catchup...
As long as you ok.

Thread gets busier when you not here mmmmmmmm lol
  • #21,200
  • Aug 15, 2017 10:16am Aug 15, 2017 10:16am
Have we got a double bottom on 60 min ?

A/U seems to be still slipping away.

A clever person might look at G/A . Finished for the day know where I'm going.

Good luck all.
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