Billytt Die happy trading e/j daily breakout | Page 1421 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #28,401
  • May 16, 2018 7:57am May 16, 2018 7:57am
Quoting lemercenaire
Didn't get to the Dead Zone after all today. Got back with 5 mins to go and I got stuck in a 1-2-3 that was just sitting waiting for me, just as the hour ticked over. EG of all things. Went in uber-heavy and out as price touched the 50-Fib and Z-Line. +2-and-a-bit % Mucho-Happy
u/c getting ready on h1.
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  • #28,402
  • May 16, 2018 7:57am May 16, 2018 7:57am
Quoting claudia1
Billy - just a thought for the today. How about updating page 1 a lot has changed over time and it might save a lot of questions. Also why not ask Twee to rename it maybe 'Billy's Thread'. Lem's two posts yesterday where excellent and highlighted the changes. Ask him to rewrite it I'm sure he'd be happy to. You and I been here since day one but I do understand it could be confusing for new participants. As I say - just a thought !
Good idea Claudia, i just read Lem's post. i think we shall stay in commercial even if i sell something lol..

I will alter page 1, maybe i can have input as to what you would like......
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,403
  • May 16, 2018 7:58am May 16, 2018 7:58am
Quoting claudia1
{quote} Like it ! Twee wont move it. It was opened in commercial for the reasons you mentioned it's quiet down there.
Attached Image
  • #28,404
  • May 16, 2018 7:59am May 16, 2018 7:59am
i believe Cable hit 13460 not long ago, yaaaaaaaaay .
my friend was on it again, hopefully he will pay me commission again.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,405
  • Edited 8:19am May 16, 2018 8:00am | Edited 8:19am
Quoting lemercenaire
{quote} {image}
we shall boldly trade, where no person has traded before.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,406
  • May 16, 2018 8:04am May 16, 2018 8:04am
Quoting lemercenaire
Didn't get to the Dead Zone after all today. Got back with 5 mins to go and I got stuck in a 1-2-3 that was just sitting waiting for me, just as the hour ticked over. EG of all things. Went in uber-heavy and out as price touched the 50-Fib and Z-Line. +2-and-a-bit % Mucho-Happy
That EG move.

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  • #28,407
  • May 16, 2018 8:06am May 16, 2018 8:06am
Quoting Pipradar
Morning Guys Took the 8am Long break, Failed, Countered 2 trades at the Daily Open Break Short = +9 pips Phew!. That's me for the day, Yaaaay. Happy Bunny. Green pips to all. {image}
Not to confuse anyone, I had a P.Msge, re the trade earlier, this is how I work things out quickly especially on a Fix Trade. The question was how do you make 10 pips from a movement of 10 pips when you are -15 pips in the hole. Here goes,
Trade 1
make it simple 1 Lot closed at -15 pips movement, = -15
Trade 2
1 Lot closed at +10 pips movement, = +10
Trade 3
1.5 Lot's closed at +10 pips movement = + 15 = + 10 equivalent

Works for me L.O.L. Stricktly speaking the Move was 10 pips but the 2 x trade's compound the move.
I was expecting a bounce at 3480, soooo I new that if the trade went my way I should achieve appx 10 to 12 pips movement. Hope this helps and not confuse anyone.
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  • #28,408
  • May 16, 2018 8:06am May 16, 2018 8:06am
Quoting lemercenaire
{quote} Methods through the thread: EJ Daily Break AU H4 04:00 - 08:00 Break GU m15 08:00 - 08:15 Claudia's GU Sell-Fest (Break from Contraction). Available on other suitable pairs. Will occasionally go long. FrankenBreak EG (Break from Pre-Frankfurt Contraction - m15) Now sidelined as overlaps The DAX am play. DAX 06:00 - 08:00 Wick-Zone Dead Zone (See above post) Witching Hour (Dead Zone variant over 00:00 uk time) Specific to EJ and EG. Over and above these core methods, there are subtleties and freelanced moves, wheels-within-wheels, as and...

Methods through the thread:
EJ Daily Break
AU H4 04:00 - 08:00 Break
GU m15 08:00 - 08:15
Claudia's GU Sell-Fest (Break from Contraction). Available on other suitable pairs. Will occasionally go long.
FrankenBreak EG (Break from Pre-Frankfurt Contraction - m15) Now sidelined as overlaps The DAX am play.
DAX 06:00 - 08:00 Wick-Zone
Dead Zone (See above post)
Witching Hour (Dead Zone variant over 00:00 uk time) Specific to EJ and EG.
All times are UK time.

As Claudia said, if we could have all these methods explained (step by step), it will be really helpful, the ones highlighted above.
I just can't thank you enough guys for all the work done. I think that we need also to add Mr T's UC method as well.

The original post could then then just include direct post # links to the different methods.

Just a thought. And thanks again.
  • #28,409
  • May 16, 2018 8:07am May 16, 2018 8:07am
Quoting billytt
{quote} we shall boldly trade, where no person has traded before.
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  • #28,410
  • May 16, 2018 8:10am May 16, 2018 8:10am
Quoting billytt
{quote} Good idea Claudia, i just read Lem's post. i think we shall stay in commercial even if i sell something lol.. I will alter page 1, maybe i can have input as to what you would like......
Use Lem's two posts as a starting point as pretty much explains what's going on right now.
  • #28,411
  • May 16, 2018 8:10am May 16, 2018 8:10am
Quoting samuel2133
{quote} Methods through the thread: EJ Daily Break AU H4 04:00 - 08:00 Break GU m15 08:00 - 08:15 Claudia's GU Sell-Fest (Break from Contraction). Available on other suitable pairs. Will occasionally go long. FrankenBreak EG (Break from Pre-Frankfurt Contraction - m15) Now sidelined as overlaps The DAX am play. DAX 06:00 - 08:00 Wick-Zone Dead Zone (See above post) Witching Hour (Dead Zone variant over 00:00 uk time) Specific to EJ and EG. All times are UK time. As Claudia said, if we could have all these methods explained (step by step), it will...
I think that we need also to add Mr T's UC method as well.

Mr-T's UC method is The Dead Zone.

As explained in one of the above posts.

In detail.
  • #28,412
  • May 16, 2018 8:13am May 16, 2018 8:13am
Quoting lemercenaire
{quote} I think that we need also to add Mr T's UC method as well. Mr-T's UC method is The Dead Zone. As explained in one of the above posts. In detail.
Post # 28350
  • #28,413
  • May 16, 2018 8:18am May 16, 2018 8:18am
Quoting lemercenaire
{quote} I think that we need also to add Mr T's UC method as well. Mr-T's UC method is The Dead Zone. As explained in one of the above posts. In detail.
This is why people are getting confused though. I bet you could rewrite page 1 in detail and very clearly in under 30 mins.

Billy ?
  • #28,414
  • May 16, 2018 8:21am May 16, 2018 8:21am
Quoting Pipradar
{quote} Not to confuse anyone, I had a P.Msge, re the trade earlier, this is how I work things out quickly especially on a Fix Trade. The question was how do you make 10 pips from a movement of 10 pips when you are -15 pips in the hole. Here goes, Trade 1 make it simple 1 Lot closed at -15 pips movement, = -15 Trade 2 1 Lot closed at +10 pips movement, = +10 Trade 3 1.5 Lot's closed at +10 pips movement = + 15 = + 10 equivalent Works for me L.O.L. Stricktly speaking the Move was 10 pips but the 2 x trade's compound the move. I was expecting a bounce...
if it works for you, and you are confident go for it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,415
  • May 16, 2018 8:26am May 16, 2018 8:26am
Quoting billytt
{quote} if it works for you, and you are confident go for it.
Thanks Mr B, and as you say "Works for me" L.O.L.
  • #28,416
  • May 16, 2018 8:31am May 16, 2018 8:31am
Lem, i added your name to post 1. hope you do not mind..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,417
  • May 16, 2018 8:32am May 16, 2018 8:32am
Quoting claudia1
{quote} This is why people are getting confused though. I bet you could rewrite page 1 in detail and very clearly in under 30 mins. Billy ?
i have started to re write post 1, Claudia
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,418
  • May 16, 2018 8:39am May 16, 2018 8:39am
Errrr...sometimes you just have to accept that you are a lucky ****, lol.

I had not managed to check any more than one pair for The Dead Zone before that EG trade took me away. However, USDCNH had an enticing set-up if price was able to kick up a little and then drop.

Sooooo, as I was about to get busy on the 1-2-3, I stuck a wee land-mine in place in case price got there...

...and like all land-mines once the combatants move on, I forgot about it.

I swear, sometimes I shouldn't be let out on my own.

Anyway, just clearing my work-space...and hey, ho...turns out price had actually stepped on that landmine. Luckily and I stress the luckily part, it has gone my way all on its lonesome.

So...Rebound short out of the Supply Zone, back through the Dead Zone range...

BOOM!

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  • #28,419
  • May 16, 2018 8:40am May 16, 2018 8:40am
Quoting billytt
Lem, i added your name to post 1. hope you do not mind..
'Course not. Ta much.
  • #28,420
  • May 16, 2018 8:43am May 16, 2018 8:43am
Quoting claudia1
{quote} u/c getting ready on h1. {image}
Bingo, Claudia!

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