Billytt Die happy trading e/j daily breakout | Page 1278 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #25,541
  • Mar 14, 2018 12:59am Mar 14, 2018 12:59am
t07-57
morning all... i am leaving Dax again, and yet again concentrating on the Cable 08-00 15 min Break.

i had a fail yesterday but it was caused by an error which has now been sorted..

So hopefully in and out......

trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,542
  • Mar 14, 2018 12:59am Mar 14, 2018 12:59am
Quoting ikdenk
{quote} Do you ever sleep?
traders trade what ever the time,

we are lucky being in the UK
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,543
  • Mar 14, 2018 1:07am Mar 14, 2018 1:07am
Attached Image (click to enlarge)
Click to Enlarge Name: ej.png Size: 60 KB
Had one Witching Hour (Tokyo Open) trade this afternoon (NZ time) and two Daily Wick Zone trades as shown. All three profitable, but no runners.

Thanks to one of our members for pointing out the youtube videos on the Daily Wick Zone.
  • #25,544
  • Mar 14, 2018 1:19am Mar 14, 2018 1:19am
t08-18

Cable Low broke for 5%, i am out .

Dax Low failed..Lem did say it was acting odd. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,545
  • Mar 14, 2018 1:29am Mar 14, 2018 1:29am
the 08-00 actually broke the 04-00 4 hour bar , so we should have a few more points... \But not for me lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,546
  • Mar 14, 2018 1:32am Mar 14, 2018 1:32am
Well, tricky indeed.

I did get the move back inside I was wanting...eventually, lol. Price hung around doing a little Irish Riverdance at the trigger and when I see that, I get out once I'm green as quick as I can. Still got the percentages but happy not to hang around.

DAX 06:00 - 08:00 (WZ Short into the body). +%%%
Attached Image (click to enlarge)
Click to Enlarge Name: InkedDAX-Monster06.00-08.00Mar14th18crop_LI.jpg Size: 578 KB


Sorry, forgot to box that in, so here's how it looked...and in fact, you can see how things have moved on - and why the call to bail was the right one.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX-Monster06.00-08.00Mar14th18cropMovedOnAndGoodCall.png Size: 22 KB


If you'd got into a mess on that and not got out quickly enough, having to then counter, then with that break long you'd have at least been able to get yourself back into profit.
  • #25,547
  • Mar 14, 2018 1:38am Mar 14, 2018 1:38am
Quoting ikdenk
{image}Had one Witching Hour (Tokyo Open) trade this afternoon (NZ time) and two Daily Wick Zone trades as shown. All three profitable, but no runners. Thanks to one of our members for pointing out the youtube videos on the Daily Wick Zone.
They are out there...
  • #25,548
  • Mar 14, 2018 1:39am Mar 14, 2018 1:39am
Quoting billytt
t08-18 Cable Low broke for 5%, i am out . Dax Low failed..Lem did say it was acting odd. lol
Too much upward pressure, Billy, with nothing to stop it (yet).
  • #25,549
  • Mar 14, 2018 1:50am Mar 14, 2018 1:50am
well i messed up a bit this morning, cable was to fast for me, i was just putting my lines on and cable broke low, i entered late and it went to +3 pips, which i should of taken but didnt, then it retraced back to -1 pips , i switched to m5 and saw the support zone so i closed at -1 and took a trade off the bounce of the support for +6 pips long, so happy days +5 in the end, even if i did make hard work of it, cheers Guys.
  • #25,550
  • Mar 14, 2018 2:02am Mar 14, 2018 2:02am
Quoting montego
well i messed up a bit this morning, cable was to fast for me, i was just putting my lines on and cable broke low, i entered late and it went to +3 pips, which i should of taken but didnt, then it retraced back to -1 pips , i switched to m5 and saw the support zone so i closed at -1 and took a trade off the bounce of the support for +6 pips long, so happy days +5 in the end, even if i did make hard work of it, cheers Guys.
Seems like you did just fine, buddy. Didn't panic, analysed what was happening and what needed to be done and came out ahead. Sweet.
  • #25,551
  • Mar 14, 2018 2:05am Mar 14, 2018 2:05am
Quoting lemercenaire
{quote} Seems like you did just fine, buddy. Didn't panic, analysed what was happening and what needed to be done and came out ahead. Sweet.
  • #25,552
  • Mar 14, 2018 2:05am Mar 14, 2018 2:05am
Hi Billytt.
Managed to get 6 pips ( not percent ) thanks to your method.
Oil has just pushed through 61.00 which is also the daily high I'll see how it goes later and might try a buy
Regards
Kev
  • #25,553
  • Mar 14, 2018 2:29am Mar 14, 2018 2:29am
Running parallel to my usual morning with some action on the 500.

Yesterday had straightforward DWZ action and today is the same. I was in a bit late due to having to actually sleep but price was running along a Demand Zone and gave me an entry I was happy enough with.

Price is trundling on up to the 50-Fib and with a bit of luck will get there just as the US Open kicks in.
  • #25,554
  • Mar 14, 2018 2:32am Mar 14, 2018 2:32am
Quoting kevin1959
Hi Billytt. Managed to get 6 pips ( not percent ) thanks to your method. Oil has just pushed through 61.00 which is also the daily high I'll see how it goes later and might try a buy Regards Kev
I see that Crude also gave a clean DWZ entry (Long) this morning. Nice. As I type this, it's just hit the 50 and turned South.
  • #25,555
  • Mar 14, 2018 2:39am Mar 14, 2018 2:39am
Quoting lemercenaire
{quote} I see that Crude also gave a clean DWZ entry (Long) this morning. Nice. As I type this, it's just hit the 50 and turned South.
That retrace has just about reached its own 50 now, so could be a chance to add in coming up.
  • #25,556
  • Mar 14, 2018 3:09am Mar 14, 2018 3:09am
Hi Lem.
I'm gowing to watch the videos on DWZ when I get home this afternoon. Oil inventories are at 14.30 pm today so up till then it might get a bit slow. Thanks for all your charts by the way
Regards
Kev
  • #25,557
  • Mar 14, 2018 3:19am Mar 14, 2018 3:19am
Quoting lemercenaire
{quote} Too much upward pressure, Billy, with nothing to stop it (yet).
yes indeed, but normally 5 is a nothing for Dax or even any forex pair....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,558
  • Mar 14, 2018 3:22am Mar 14, 2018 3:22am
Quoting montego
well i messed up a bit this morning, cable was to fast for me, i was just putting my lines on and cable broke low, i entered late and it went to +3 pips, which i should of taken but didnt, then it retraced back to -1 pips , i switched to m5 and saw the support zone so i closed at -1 and took a trade off the bounce of the support for +6 pips long, so happy days +5 in the end, even if i did make hard work of it, cheers Guys.
you did well...

when you get confident and gain stats you can actually trade a retrace trade for extra, Obviously more risk but not if you split lot.

Every Little helps as a marketing phrase goes.
trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,559
  • Mar 14, 2018 3:26am Mar 14, 2018 3:26am
Quoting kevin1959
Hi Billytt. Managed to get 6 pips ( not percent ) thanks to your method. Oil has just pushed through 61.00 which is also the daily high I'll see how it goes later and might try a buy Regards Kev
good good good ,,, 1 point/pip is 1 % with me, it is how i trade.

i am trading for my gf and in the beginning i was saying 5/6/7 points/pips but then i juggled her account around and it is back to 1 point is 1%.

She is doing really well too..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #25,560
  • Mar 14, 2018 3:27am Mar 14, 2018 3:27am
Quoting kevin1959
Hi Lem. I'm gowing to watch the videos on DWZ when I get home this afternoon. Oil inventories are at 14.30 pm today so up till then it might get a bit slow. Thanks for all your charts by the way Regards Kev
Lem does need a big thanks for all his charting and help he does.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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