Billytt Die happy trading e/j daily breakout | Page 1091 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #21,801
  • Sep 9, 2017 1:45pm Sep 9, 2017 1:45pm
Quoting bojack34
{quote} I would love to see a screen shot of your trade sequence for this trade. Is there anyway you can do that for us so we can learn more about countering......or is this over stepping my boundaries? This would be very helpful for all of us if you are allowed to show us. Txs Billy!
If you drop down to the m1 chart and look back, you will be able to get a pretty good idea of how price moved through the trade. Might be a way to do it.
  • #21,802
  • Sep 10, 2017 6:00am Sep 10, 2017 6:00am
Quoting bojack34
{quote} I would love to see a screen shot of your trade sequence for this trade. Is there anyway you can do that for us so we can learn more about countering......or is this over stepping my boundaries? This would be very helpful for all of us if you are allowed to show us. Txs Billy!
Hi bo, no need to . i went long and it failed so i put counter on, the short failed so i put a counter on, i added another lot. We had small range so i was confident.
Sometimes in the past trading a slightly different way i might have several counters running.
We do not want whip especially with small range.
Somtimes the counters can cancel each other (not all)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,803
  • Sep 10, 2017 6:19am Sep 10, 2017 6:19am
Quoting billytt
{quote} Hi bo, no need to . i went long and it failed so i put counter on, the short failed so i put a counter on, i added another lot. We had small range so i was confident. Sometimes in the past trading a slightly different way i might have several counters running. We do not want whip especially with small range. Somtimes the counters can cancel each other (not all)
ok so........long fail....counter at low (not extra lots)...........short counter fail....counter at high (with extra lots? or 2 trades?)
  • #21,804
  • Sep 10, 2017 7:41am Sep 10, 2017 7:41am
Quoting bojack34
{quote} ok so........long fail....counter at low (not extra lots)...........short counter fail....counter at high (with extra lots? or 2 trades?)
Hi, The first counter you can add a lot or not. You can either hold the trade in limbo or progress by adding a lot.
If this happened on a 04-00 4 hour bar don't forget we usually get 20 points or/and the daily range.
When i counter i sometimes don't say i am looking for the ADR or even daily high/low or 04-00 high low.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,805
  • Sep 11, 2017 2:24am Sep 11, 2017 2:24am
morning all, I actually did a quick scalp off Dax, lol. I went long off the 08-00 5 minute bar...
Cable, the 04-00 bar triggered and retraced (so far) time 08-00, Hopefully it will break the 08-00 15 min bar and keep dropping then trigger the 04-00 low.. as I can then hopefully nail it.... (in theory) lets see.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,806
  • Sep 11, 2017 2:25am Sep 11, 2017 2:25am
My girl friends plane will be taking off in 10 minutes time, taking her and friend to Romania. I miss her all ready
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,807
  • Sep 11, 2017 2:41am Sep 11, 2017 2:41am
'Morning all.

Took a slightly different route this morning with The DAX. Monday morning and we will usually get a gap - and sure enough, a gap we got. Check...

Next, I have noticed that the first of my two candles will pretty much always be broken easily by the second one. Sure enough, check...

This happens regularly enough that I have wanted to look deeper for a while - but hey, it means dragging myself out of my pit an hour earlier, lol.

Anyway, as that gap usually means that my normal entry move happens very violently and I often don't even get in at all - I figured a Monday morning may be a way to make it worthwhile losing that hour of sleep.

Worked like a charm.

In fact, The Monster was positively serene in comparison to its usual behaviour...and get this, there was even a slight blip in the direction it eventually took, so I actually got a heads-up!. I thought I'd died and gone to heaven, lol.

Anyway - I waited for that slight beat, then entered on momentum and that +5% was bagged like a train...a serene train ...

DAX - V2 (06:00 - 07:00 Candle. Long on momentum). +5% plus. (As shown, the +5% would have been made on a straight break North as well).
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My entry was in the zone between the two lines, entered on that momentum.
  • #21,808
  • Edited 10:32am Sep 11, 2017 2:55am | Edited 10:32am
When the usual 06:00 - 08:00 set-up came around, it looked good enough and I got set to go...and the damn thing gapped and I didn't get in...told ya'.

DAX 06:00 - 08:00 (Gapped - missed entry - would have been a short entry for +5%)
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EDIT: Didn't really gap, that's confusing - it just moved too fast for me.
  • #21,809
  • Sep 11, 2017 3:00am Sep 11, 2017 3:00am
The F40 would have needed a counter but has just blasted into profit, so no stress there...

F40 07:00 - 08:00 Break
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  • #21,810
  • Sep 11, 2017 3:06am Sep 11, 2017 3:06am
Quoting lemercenaire
'Morning all. Took a slightly different route this morning with The DAX. Monday morning and we will usually get a gap - and sure enough, a gap we got. Check... Next, I have noticed that the first of my two candles will pretty much always be broken easily by the second one. Sure enough, check... This happens regularly enough that I have wanted to look deeper for a while - but hey, it means dragging myself out of my pit an hour earlier, lol. Anyway, as that gap usually means that my normal entry move happens very violently and I often don't even get...
How odd,,,i traded Dax off the 08-00 5 minute bar for good result. One of my luker friends suggested I look at that bar. WHICH I WILL lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,811
  • Sep 11, 2017 3:34am Sep 11, 2017 3:34am
Quoting billytt
{quote} How odd,,,i traded Dax off the 08-00 5 minute bar for good result. One of my luker friends suggested I look at that bar. WHICH I WILL lol
Oh yeah - I could have got in on the trade - I was just slow on the trigger and I won't chase the trade. I could have obviously got on board by running the retrace North (which if you went long is obviously what you did) but I had bagged the percents on the previous hour and wasn't that fussed.

My normal morning DAX covers the 2hr block from 06:00-08:00 just fine. I may now run both this one and / or the previous, or just stick to my usual - as the mood takes me.

I don't need anyone to tell me it's good - I've been running it for months. It's golden.

Claudia even got on board.
  • #21,812
  • Sep 11, 2017 3:39am Sep 11, 2017 3:39am
Still truckin'...

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  • #21,813
  • Sep 11, 2017 3:54am Sep 11, 2017 3:54am
Quoting lemercenaire
{quote} Oh yeah - I could have got in on the trade - I was just slow on the trigger and I won't chase the trade. I could have obviously got on board by running the retrace North (which if you went long is obviously what you did) but I had bagged the percents on the previous hour and wasn't that fussed. My normal morning DAX covers the 2hr block from 06:00-08:00 just fine. I may now run both this one and / or the previous, or just stick to my usual - as the mood takes me. I don't need anyone to tell me it's good - I've been running it for months....
I was just saying how odd it was you tried something different as did I.....If someone pings me suggesting something I will look into it. Looking at that 08-00 trade off the 5 min bar looks in theory to be good as that initial push is over. As you know Dax is a bad boy and this might stabilise it your way sounds good but each to their own....Like me trading the daily and 04-00 bars , I am better trading a loss than actually just getting the 5%, Loss makes more yaaaaaaaaaaaay. Have a good day Lem
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,814
  • Sep 11, 2017 3:57am Sep 11, 2017 3:57am
Cable 04-00 high broke then retraced, we could of made a retrace trade long for %%%/points . I didn't as I am waiting to short. It might happen today or might not, I don't really care , but sooner the better lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,815
  • Sep 11, 2017 5:17am Sep 11, 2017 5:17am
market is a bit sluggish, Maybe it will move after US open. I am only looking to short Cable. IF it happens then fails that is a different story. Catch you later I have things to do. AND I probably will go dancing tonight yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,816
  • Sep 11, 2017 8:30am Sep 11, 2017 8:30am
Cable, 04-00 and the lil 08-00 high broke for the %%%, I left both alone,
good to see sterling rise, high /low off 04-00 does work any direction
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,817
  • Edited 9:44am Sep 11, 2017 9:33am | Edited 9:44am
t 15-31 Cable has only moved 54 today,, maybe it will drop for a nice 20+, can only hope lol.
My girl friend is now in Romania, has the sat nav on and is heading for a gothic castle 4 hours drive away. Hope she knows to drive on the correct side of road lol

edit at t 15-44 that is 20+ from 04-00 bar or 20+from 08-00 15 m in bar. Lets see
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,818
  • Sep 11, 2017 9:36am Sep 11, 2017 9:36am
she just txted me, she said sat nav is ok but those roundabouts are something different lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #21,819
  • Sep 11, 2017 10:25am Sep 11, 2017 10:25am
Quoting billytt
{quote} I was just saying how odd it was you tried something different as did I.....If someone pings me suggesting something I will look into it. Looking at that 08-00 trade off the 5 min bar looks in theory to be good as that initial push is over. As you know Dax is a bad boy and this might stabilise it your way sounds good but each to their own....Like me trading the daily and 04-00 bars , I am better trading a loss than actually just getting the 5%, Loss makes more yaaaaaaaaaaaay. Have a good day Lem
Yeah - I'm always willing to try something if it adds to what I already have. My problem used to be that I would just keep adding and adding and then have this ton of stuff cluttering up my day and ended up not using any, lol.

Now, I am tending to only look at something that fills a space in the day, not to replace something that is already in place and works as it is.
  • #21,820
  • Sep 11, 2017 10:27am Sep 11, 2017 10:27am
B*A*D hit the target again.

I ran it with a double tap by adding a second entry on the retrace. All good. +5%

B*A*D
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