Billytt Die happy trading e/j daily breakout | Page 1268 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #25,341
  • Mar 9, 2018 11:34am Mar 9, 2018 11:34am
Quoting turnip15
{quote} Really William, that is a rhetorical question. Women are born to shop {image}
yes indeed, she has just txted me saying she has bought a new dress (vintage) to dance in... i bought her 4 a couple of weeks ago and i have not seen her wear them lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,342
  • Mar 9, 2018 12:47pm Mar 9, 2018 12:47pm
let me guess the color of the dress ..... Purple ?
trying to make everyday the best risk/reward decisions possible
  • #25,343
  • Mar 9, 2018 1:39pm Mar 9, 2018 1:39pm
Quoting slowbrain
let me guess the color of the dress ..... Purple ?
lol,, i have no idea but i do know she does have a purple dress... Have a good weekend
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,344
  • Mar 9, 2018 1:41pm Mar 9, 2018 1:41pm
Looks like we shall have an inside bar On Cable on the 4 hour bar, leading into the weekend..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,345
  • Edited 2:15pm Mar 9, 2018 1:43pm | Edited 2:15pm
Quoting billytt
How do i explain Cable trade lol. Lem gave a good answer with scalping etc just before..... Anyway... Cable low broke then retraced up to break High,,,,THEN DOWN uuuuuuuuuuuuugh I have a Long counter running so running at -14. BUT i nailed the short especially working off the inside bars and 08-00 Low. I fix bad trades and make more that way.. I can quite easily close my -15 and still be up, but i give nothing to the broker lol. time right now is 09-55... If we have movemnet up i (might) wait for a drop and short again. My bias is short. Lets see,...
Hi Billy, been reading the thread for hours today, Have i got this post right ?
1/ ive got my pending orders open for 8.15am it brakes low then it retraces up and triggers my long trigger, i am now in a equal hedged trade with say -14pips locked in, it starts to drop again so i short where the original first trade was made, so i now have 2 shorts and one long and hope it continues down enough to make a 5 pip profit?
2/ 8.15am it brakes low then retraces up and triggers long, and keeps going so i am in a hedged position (neutral) what happens then ?
do i un hedge while its going up if its going well or wait for a retrace at support and resistance and supply and demand, and un hedge there.
or leave it until tomorrow and un hedge which ever way the trigger brakes so i have double lot size and if that trade wins i gain 10 pips ?
Sorry for all the questions just trying to get my head around it, cheers Billy.
EDIT : Billy dont expect you to tell me your exact method but am i on the right wave length ? just after a few tips ( dont eat yellow snow ) lol
  • #25,346
  • Mar 9, 2018 1:46pm Mar 9, 2018 1:46pm
Hi Lem, did you have a good day ? i didnt trade today ...
  • #25,347
  • Mar 9, 2018 1:50pm Mar 9, 2018 1:50pm
Quoting turnip15
{quote} That E/J trade - Midnight to 1 am UK time ( The Billy original thread starting subject) - is still worth keeping in your armoury I reckon Lem? Especially if you add an Alien dimension or zone to it, in addition to a straight break
Absolutely, Mr-T. There's also my variant on The Dead Zone, the Witching Hour, which runs in this close-out / lead-in period. I'm looking at how you could run micro-moves inside the larger EJ Daily Break, including additional Daily WZ info (as last night) and S+D.
  • #25,348
  • Mar 9, 2018 1:53pm Mar 9, 2018 1:53pm
Quoting turnip15
Cable 8 am bar delivers again Billy. {image}
Re your earlier comment on WZ tech, the 08:00 bar was perfect WZ move (short into the body). Not traded by me, just sayin'.
  • #25,349
  • Mar 9, 2018 2:05pm Mar 9, 2018 2:05pm
Quoting montego
Hi Lem, did you have a good day ? i didnt trade today ...
Hi montego. I played late into the night / early hours on that major EJ move. Then winged it on a scalp play for The Monster in the morning after being left in the dust by the initial move.

Had to venture out into the great outside world after that - it does exist folks and it was sunny today! - and so that was all I got in on today.
  • #25,350
  • Mar 9, 2018 2:12pm Mar 9, 2018 2:12pm
Quoting lemercenaire
{quote} Hi montego. I played late into the night / early hours on that major EJ move. Then winged it on a scalp play for The Monster in the morning after being left in the dust by the initial move. Had to venture out into the great outside world after that - it does exist folks and it was sunny today! - and so that was all I got in on today.
I was playing how to get out of a loosing hedge on my demo account until 4Am lol i thought it was about 2am, then i overslept this morning and missed the 8.15 bar trade by about half an hour then i have been reading the thread most of the day...
  • #25,351
  • Edited 2:24pm Mar 9, 2018 2:14pm | Edited 2:24pm
Quoting montego
{quote} Hi Billy, been reading the thread for hours today, Have i got this post right ? 1/ ive got my pending orders open for 8.15am it brakes low then it retraces up and triggers my long trigger, i am now in a equal hedged trade with say -14pips locked in, it starts to drop again so i short where the original first trade was made, so i now have 2 shorts and one long and hope it continues down enough to make a 5 pip profit? 2/ 8.15am it brakes low then retraces up and triggers long, and keeps going so i am in a hedged position (neutral) what happens...
Hi, it can happen (whip).

ideally, we have trigger, win ...

Or trigger Fail, so we counter and add one extra entry for the 5%.

Should that Fail just do another counter......

This is very rare. that is why i only trade certain time frames at certain times.

As a last resort close the trades... we have the stats to win over time, i can explain more,

edit ..i often make more than 5% and this extra is used to offset a loss should it happen, and i normally get it back.

In a perfect week i have +25% even though i could have a lot more %, i will close a bad trade call it a casualty/loss leader etc but i normally get it back
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,352
  • Mar 9, 2018 2:16pm Mar 9, 2018 2:16pm
Quoting lemercenaire
{quote} Hi montego. I played late into the night / early hours on that major EJ move. Then winged it on a scalp play for The Monster in the morning after being left in the dust by the initial move. Had to venture out into the great outside world after that - it does exist folks and it was sunny today! - and so that was all I got in on today.
what was it like outside lem ???, outside world ooooooooooo.

hope you are ok
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,353
  • Mar 9, 2018 2:18pm Mar 9, 2018 2:18pm
After the initial madness, The Monster would have been a nice playground with rich pickings through the day.

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  • #25,354
  • Mar 9, 2018 2:22pm Mar 9, 2018 2:22pm
Quoting billytt
{quote} Hi, it can happen (whip). ideally, we have trigger, win ... Or trigger Fail, so we counter and add one extra entry for the 5%. Should that Fail just do another counter...... This is very rare. that is why i only trade certain time frames at certain times. As a last resort close the trades... we have the stats to win over time, i can explain more,
Cheers Billy makes sense
  • #25,355
  • Mar 9, 2018 2:27pm Mar 9, 2018 2:27pm
Quoting billytt
{quote} what was it like outside lem ???, outside world ooooooooooo. hope you are ok
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  • #25,356
  • Mar 9, 2018 2:28pm Mar 9, 2018 2:28pm
[quote=montego;10858264]{quote} Hi Billy, been reading the thread for hours today, Have i got this post right ? 1/ ive got my pending orders open for 8.15am it brakes low then it retraces up and triggers my long trigger, i am now in a equal hedged trade with say -14p

i do tell most of how i trade but not all the triggers...Sometimes i have 2 entries on a trade , the first entry and also a retrace entry.

I use small lots relative to my 1st bank roll and bigger bank roll forhelp
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,357
  • Mar 9, 2018 2:29pm Mar 9, 2018 2:29pm
Quoting lemercenaire
{quote} {image}
  • #25,358
  • Mar 9, 2018 2:29pm Mar 9, 2018 2:29pm
Quoting lemercenaire
{quote} {image}
lol, that made me smile, i fed my GF's 2 cats about 10 mins ago
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,359
  • Mar 9, 2018 2:30pm Mar 9, 2018 2:30pm
Well, I'm done. Dinner is calling and I must say bye.

Have a great weekend, folks...

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  • #25,360
  • Mar 9, 2018 2:31pm Mar 9, 2018 2:31pm
Quoting montego
{quote} Cheers Billy makes sense
actually, when i have my bot running, it either gets it right (win) or starts entering and countering repeatedly, it is really freaky.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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