Billytt Die happy trading e/j daily breakout | Page 1062 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #21,221
  • Edited 3:00am Aug 16, 2017 2:43am | Edited 3:00am
'Morning all.

The DAX and F40 were shaping up in a not-very-user-friendly way this morning, with lots of one-way movement (long) pre-Open, no doubt as a Frankfurt Open-based reaction to yesterday's Public Holidays in France and Italy.

Looking at the charts (and I was concentrating on The DAX-Monster) I had decided to ignore any opening jump into a break North. The one-candle move was just too big not to bring at least some kind of short reaction coming out of the gate...and so it was.

A small blip long (ignored) and then I took the WZ short back into the body.

Now, there was a small caveat to this, however, in that when dropped to the m5, there was a Turncoat Zone just below this action which would form a block at some point to any move short. There was room - just not sure how much. As such, I had my finger poised over the Kill-Switch all the way down (never a bad thing when you ride The DAX anyway) and as soon as there was any sign of sustained hesitation, I took my cash. Ended up with +4.5%.

There was a slight wobble there and then price eventually totalled around +7% but then, sure enough, price bounced on the Turncoat Zone and headed back North into a break.

So, if...if...I had played it completely naked, I would have had a failed break, into a counter short, before a second trigger on the full break. It would have come all good anyway, which is obviously good to know.

Anyway - pretty pictures time:

DAX 06:00 - 08:00 (WZ Short into the body). +4.5%
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m5
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Plus the detail of what I was looking at on the m5 which helped form the decision-making...
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  • #21,222
  • Aug 16, 2017 2:57am Aug 16, 2017 2:57am
t 08-50 Cable yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,223
  • Aug 16, 2017 3:02am Aug 16, 2017 3:02am
t09-00
Cable Low broke after a Fail, As i say it should then make +20 but i played safe especially with News coming up, i just lumped up the lot size and got 10...
Now i can iron my shirts then go out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,224
  • Aug 16, 2017 3:03am Aug 16, 2017 3:03am
As Billy said...GU hit tp short. AU does the same going long.
  • #21,225
  • Aug 16, 2017 3:12am Aug 16, 2017 3:12am
Quoting soccerfan
{quote} Hi Lem, It is good to read all ur stuff. I have read through scores of back pages but have not seen the birth of BAD style of trading, what am i missing ?
Hi SF.

B*A*D trade - Billy's Afternoon Delight

I don't remember when exactly it was first mentioned - not long ago. I've been running it live for a couple of weeks.

Billy mentioned in passing that the set-up looked statistically promising. That was good enough for me, lol.

It's the 15:00 H1 bar on GU. (UK time as always).
  • #21,226
  • Aug 16, 2017 3:13am Aug 16, 2017 3:13am
Quoting lemercenaire
As Billy said...GU hit tp short. AU does the same going long.
I was half watching A/U ,E/U and E/J lol.qall good moves. I am happy with the 10 i got ig %%% gain.
i was speaking to a trader friend and she hit them all lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,227
  • Aug 16, 2017 3:14am Aug 16, 2017 3:14am
Quoting lemercenaire
{quote} Hi SF. B*A*D trade - Billy's Afternoon Delight I don't remember when exactly it was first mentioned - not long ago. I've been running it live for a couple of weeks. Billy mentioned in passing that the set-up looked statistically promising. That was good enough for me, lol. It's the 15:00 H1 bar on GU. (UK time as always).
It is very promising indeed
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,228
  • Aug 16, 2017 3:14am Aug 16, 2017 3:14am
Red news on GBP in fifteen minutes. On the USD just after the US Open and NZD in the late evening.

I'm done until the DZ now. Trade well, all.
  • #21,229
  • Aug 16, 2017 3:20am Aug 16, 2017 3:20am
Quoting billytt
{quote} I was half watching A/U ,E/U and E/J lol.qall good moves. I am happy with the 10 i got ig %%% gain. i was speaking to a trader friend and she hit them all lol.
Does she have a team of trader-elves hitting the trigger for her?! I can maybe...maybe...get the DAX and the F40 as there is a slight lead from one to the other (but no idea which one will go first on any given day, so still need the luck to pick the right one to start with).

I could see getting the AU and GU as they are glacier compared to the other two nutters.
  • #21,230
  • Aug 16, 2017 3:30am Aug 16, 2017 3:30am
Quoting lemercenaire
{quote} Does she have a team of trader-elves hitting the trigger for her?! I can maybe...maybe...get the DAX and the F40 as there is a slight lead from one to the other (but no idea which one will go first on any given day, so still need the luck to pick the right one to start with). I could see getting the AU and GU as they are glacier compared to the other two nutters.
she is a desk trader in a brokers and does have helpers lol. She had fone on hands free and was just speaking what was happening. She didnt have to because i taught her .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,231
  • Aug 16, 2017 3:30am Aug 16, 2017 3:30am
09-30 oooooooooooooooooooo big spike up, who would of believed it lol.

edit maybe bounce off 00, but i dont relly care now .. ironing then hoovering,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,232
  • Aug 16, 2017 3:33am Aug 16, 2017 3:33am
t 09-32 Cable has only made 55 of the adr, so maybe we already have the High/Low of the day we just need to see where it goes to make the extra range up.Hopefully down
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,233
  • Aug 16, 2017 3:39am Aug 16, 2017 3:39am
Quoting billytt
09-30 oooooooooooooooooooo big spike up, who would of believed it lol. edit maybe bounce off 00, but i dont relly care now .. ironing then hoovering,
Must be mad - I don't iron or hoover or shop. Might be getting lazy but cost £21/week (+ shop bill). Easy life.
  • #21,234
  • Aug 16, 2017 3:48am Aug 16, 2017 3:48am
Quoting claudia1
{quote} Must be mad - I don't iron or hoover or shop. Might be getting lazy but cost £21/week (+ shop bill). Easy life.
lol. i have always ironed my own shirts/T shirts i find it therapeutic plus they get done perfectly.
Hoovering is a random thing with me, if i see hoover and dog hair i will just hoover.(every few weeks)
My new g/f was away on her birthday and she had said she had a lot of ironing so i did it for her, It blew her mind, last time i do it. I said the Birthday ironing fairies came....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,235
  • Aug 16, 2017 3:56am Aug 16, 2017 3:56am
Quoting claudia1
{quote} Must be mad - I don't iron or hoover or shop. Might be getting lazy but cost £21/week (+ shop bill). Easy life.
ok Claudia, i am the man to iron and hoover for you, and i am cheap.
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,236
  • Aug 16, 2017 4:01am Aug 16, 2017 4:01am
Cable actually had a double Fail, AND i have no idea how i got 10 points, not sure what the %%% was because i used bigger lot size lol.

edit,,, i didnt get 10 points lol approx 6.5 i looked at the big round number (gain). anyway i might bake some fairy cakes now lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,237
  • Aug 16, 2017 4:07am Aug 16, 2017 4:07am
Quoting lemercenaire
{quote} Hi SF. B*A*D trade - Billy's Afternoon Delight I don't remember when exactly it was first mentioned - not long ago. I've been running it live for a couple of weeks. Billy mentioned in passing that the set-up looked statistically promising. That was good enough for me, lol. It's the 15:00 H1 bar on GU. (UK time as always).
Thanks Lem...that's midnight for me...will be watching wirh interest next day...good luck..:-)
Onwards and upwards...
  • #21,238
  • Aug 16, 2017 4:14am Aug 16, 2017 4:14am
Quoting soccerfan
{quote} Thanks Lem...that's midnight for me...will be watching wirh interest next day...good luck..:-)
Hi Sf, hope you are good.
With that 15-00 bar it is also the last hour of the 12-00 4 hour bar which is a good triggers
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,239
  • Aug 16, 2017 4:16am Aug 16, 2017 4:16am
Quoting billytt
Cable actually had a double Fail, AND i have no idea how i got 10 points, not sure what the %%% was because i used bigger lot size lol. edit,,, i didnt get 10 points lol approx 6.5 i looked at the big round number (gain). anyway i might bake some fairy cakes now lol
Waiting and let it settle. 13.30 news for me.

On side note I got the ea running on demo - check out my explorer.

Oh and when hoovering done get over to Mr T's for some gardening and car wash lol.
  • #21,240
  • Aug 16, 2017 4:17am Aug 16, 2017 4:17am
Quoting soccerfan
{quote} Thanks Lem...that's midnight for me...will be watching wirh interest next day...good luck..:-)
16.00 is more fun.

Edit - having said that 15.00 was kind yesterday ......
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