Billytt Die happy trading e/j daily breakout | Page 1214 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #24,261
  • Jan 24, 2018 1:06pm Jan 24, 2018 1:06pm
Took a small interest in the Crude pullback. Not massive but good enough. It's now continued on its merry way.

The CJ bounce I also got - though I cut it very short, as once I dropped down the time-frames to manage the trade, I re-analysed it and realised I had probably got it wrong - I actually turned it on its head and took the drop, triggered by a move over another one of our ''lines-in-the-sand'', this one of origin (surprise, surprise).

That went a lot better, lol.

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  • #24,262
  • Jan 24, 2018 7:16pm Jan 24, 2018 7:16pm
Nice DWZ move to start the day for those who can stomach the spread (and who's brokers even keep their desk open at this time of night, lol).

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  • #24,263
  • Jan 24, 2018 7:20pm Jan 24, 2018 7:20pm
AU also has some interesting potential entry options for tomorrow...
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  • #24,264
  • Jan 24, 2018 7:24pm Jan 24, 2018 7:24pm
Quoting lemercenaire
AU also has some interesting potential entry options for tomorrow... {image}
Ditto, UC...
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  • #24,265
  • Jan 24, 2018 8:06pm Jan 24, 2018 8:06pm
Quoting lemercenaire
AU also has some interesting potential entry options for tomorrow... {image}
Looks like a decent amount of room for you to go back into the body. I know how much you like those body shots.
  • #24,266
  • Jan 25, 2018 2:56am Jan 25, 2018 2:56am
Quoting bojack34
{quote} Looks like a decent amount of room for you to go back into the body. I know how much you like those body shots.
Turned out just fine, Bo. Not quite reached a WZ move but the Supply Zone came up with the entry. I didn't manage to catch the initial drop out of the zone as it was just too early for me but I had the bounce back up and then I did a little SweetSpots style adding-in to maximise the move.

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  • #24,267
  • Jan 25, 2018 3:14am Jan 25, 2018 3:14am
Anyway, back at the front - The DAX was not exactly overwhelming me with clues as to direction. The Schaff, however, was saying go long...so long I went...

I actually went in a little early on the upward momentum pre-trigger. This meant that when price stalled and began to turn, I could bail and still end up with a decent amount of percents in the bag. It did eventually go on to make the full amount and a bit more but until my psychic abilities improve, I'll have to be happy with what I got.

DAX 06:00 - 08:00 (Done WZ move long into the body) + not-quite-plus-5-but-I'll-take-it %
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Detail on that...
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Price then took a drop out of the bottom of the box...before doing an about turn and letting the Schaff know it was right all along. Here's how it stands at the moment...
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  • #24,268
  • Jan 25, 2018 11:31am Jan 25, 2018 11:31am
Quoting lemercenaire
{quote} Turned out just fine, Bo. Not quite reached a WZ move but the Supply Zone came up with the entry. I didn't manage to catch the initial drop out of the zone as it was just too early for me but I had the bounce back up and then I did a little SweetSpots style adding-in to maximise the move. {image}
Are you adding to your position at every 10 pips? I'm sure your keeping a tight SL on those.......how much are you adding at every 10 pips? I tend to do this more to my losers than my winners....haha. I need to get better at this!
  • #24,269
  • Jan 25, 2018 11:53am Jan 25, 2018 11:53am
No cable or CAD chart ?

Yer 8 am 15 minute chart on CABLE
and CAD "Dead Zone" chart.........both worked out today.

LEM..........was that also a 123 on Cable ?
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every Saint has a past. Every Sinner has a Future
  • #24,270
  • Jan 25, 2018 12:11pm Jan 25, 2018 12:11pm
Quoting bojack34
{quote} Are you adding to your position at every 10 pips? I'm sure your keeping a tight SL on those.......how much are you adding at every 10 pips? I tend to do this more to my losers than my winners....haha. I need to get better at this!
Hi Bo. In this case, yes. It's run the way a certain extraterrestrial runs it - trigger open in space, enter at cross of line.

I don't run his ''rules'' for Eights position-sizing though, simply add another lot. It's not subtle but it piles it on. I follow his mantra of ''if you aren't willing to add-in to a position, you may as well close it''. No doubt paraphrasing but it works for me, lol.

First sign of a return back, close all. It ain't subtle.

I won't fade losing positions like this, I will do that on new triggers from micros S+D Zones for instance instead. I have run counters off of them though, if that helps.
  • #24,271
  • Jan 25, 2018 12:16pm Jan 25, 2018 12:16pm
Quoting turnip15
No cable or CAD chart ? Yer 8 am 15 minute chart on CABLE and CAD "Dead Zone" chart.........both worked out today. LEM..........was that also a 123 on Cable ? {image} {image}
Hi Mr-T.

I was busy elsewhere mid arvo, so no DZ at all.

That Cable chart is the m15, so no, it's not a 1-2-3 as such. If you scaled it up to H1 and it was still the new Low on the day and the following bar was correct, then that would be. The m15 has the same fractal shape as an H1 1-2-3 though.
  • #24,272
  • Jan 25, 2018 3:01pm Jan 25, 2018 3:01pm
Quoting lemercenaire
{quote} Hi Mr-T. I was busy elsewhere mid arvo, so no DZ at all. That Cable chart is the m15, so no, it's not a 1-2-3 as such. If you scaled it up to H1 and it was still the new Low on the day and the following bar was correct, then that would be. The m15 has the same fractal shape as an H1 1-2-3 though.
Gotta watch this - Mick and Keith do turn up eventually.

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Might have posted this before but Kray is amazing.

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  • #24,273
  • Jan 25, 2018 5:54pm Jan 25, 2018 5:54pm
Quoting claudia1
{quote} Gotta watch this - Mick and Keith do turn up eventually. https://www.youtube.com/watch?v=z3Or7huOK7o Might have posted this before but Kray is amazing. https://www.youtube.com/watch?v=ZEmvBdRLg4k
Excellent stuff, Claudia. A great way to wind down at the end of the day.
  • #24,274
  • Jan 25, 2018 6:02pm Jan 25, 2018 6:02pm
Quoting claudia1
{quote} Gotta watch this - Mick and Keith do turn up eventually. https://www.youtube.com/watch?v=z3Or7huOK7o Might have posted this before but Kray is amazing. https://www.youtube.com/watch?v=ZEmvBdRLg4k
Settling down to listen to this. One of the great unknown - most certainly under-appreciated - bands ever.

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  • #24,275
  • Jan 26, 2018 1:52am Jan 26, 2018 1:52am
Morning all.

Bit of a move already happening with The Monster...

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  • #24,276
  • Jan 26, 2018 2:14am Jan 26, 2018 2:14am
morning, 2 minutes before ding ding.... Dax already good... see you after the 08-00 15 min bar trade Cable...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #24,277
  • Jan 26, 2018 2:22am Jan 26, 2018 2:22am
t 08-21 Cable...
the 08-00 15 minute bar low was broken, made 5 then closed.. I have done for the day ..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #24,278
  • Jan 26, 2018 2:27am Jan 26, 2018 2:27am
Cable,,, my bias for the day is Long based off the 00-00 bar ( 4 hour)..
The 04-00 4 hour bar High was broken but 5 hasn't been made, so we could well be on for retrace trade.
Should it fail we will then look for the Daily Low 14360 (modest)...
This i might go for IF/When 14145 is broken.


edit,,, do not bother with the above , Cable has already made a lot today , infact i may delete this post, as it is rubbish lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #24,279
  • Jan 26, 2018 2:28am Jan 26, 2018 2:28am
i shorted Dax off the 08-00 5 bar, did it manually too lol. and it moved fast yaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #24,280
  • Jan 26, 2018 2:40am Jan 26, 2018 2:40am
Nice job, Billy.

I was getting a short bias on The Schaff and obviously there had been that drop already, pre-Open. There was, however a Demand block below and as price edged towards it as Open came up, it was too good a chance to pass up. I didn't hang around too long and grabbed what I could and all good with that.

DAX 06:00 - 08:00 (Done WZ move back up into the body of the candle).
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Detail on what was going on down there...

Pre-Open
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At KO
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Post KO indecision
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