Billytt Die happy trading e/j daily breakout | Page 1453 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #29,041
  • May 23, 2018 2:31am May 23, 2018 2:31am
Quoting billytt
OMG OMG i woke up to find my trade Pc has developed a fault (after returning to my own house) FOUND OUT.... my BOT HAD COME ALIVE AND SHORTED E/J lol..... i should be thankful it didnt long.yay... i might explain later but, we have 5 mins before 08-00 15 bar closes Cable.... Bias is short, hopefully it will open an drop down to Daily Range. i think thats about 30/40 away.
Attached Image
  • #29,042
  • May 23, 2018 2:32am May 23, 2018 2:32am
in short,,,,,08-32
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,043
  • May 23, 2018 2:34am May 23, 2018 2:34am
Wow...

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  • #29,044
  • May 23, 2018 2:41am May 23, 2018 2:41am
Quoting billytt
{quote} A/U off the the 04-00 4 bar is gooooooooooooooooooooood. nice steady pace
Can you clear this up, Billy?

He's traded the 00:00 - 04:00 AU...not the usual 04:00 - 08:00

...and you talk of the latter. Yes?

Now I'm doubting myself, lol.
  • #29,045
  • May 23, 2018 2:46am May 23, 2018 2:46am
Quoting lemercenaire
{quote} {image}
It has been acting odd lately, i do have a service guy coming but because i get this as a freebie it is when he decides lol..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,046
  • May 23, 2018 2:48am May 23, 2018 2:48am
Quoting lemercenaire
Ha ha... Sitting waiting on KO to come round. 10 mins to go. Attention wanders to awesome lass throwing herself at a runaway racehorse to stop it from damaging itself or worse - my kinda' gal! Brings it safely to a halt. Wow. Find it on YT, it's worth a watch. Suddenly register hey, that's the weather finishing...oops! Daydreaming catches me sleeping on the job and it's all off without me. Actually only missed it by a second at most and so I just went for it (don't do this at home, kids) and whaddayaknow, I got away with it. Enough...
Reduced lot size and scalped the monster on every potential bounce (as I didnt take the breakout of 6-8 candles) 13100 13000 and other demand levels i guess.
+3 +11 +14 +3 -12 +27 (last one was the bounce on 13000).

Given the size of the 8:00 GU candle, I wanted to play it Lem style (back into the body) but it didn't false breakout. I think it did now, but I am done already.

I also took 3 pips from AU 4-8 4h breakout.

lastly I hope I've caught the lowest of the day in EJ @ 128.88. Was waiting for this level for days. Level is 128.93 but I always try to take it past the level not at the level itself.

Most importantly since I am building my account aggressively. My mistake again is that I often catch the low/high of the day but I don't let the trade run. It might have happened with the dax today. Keep improving.
  • #29,047
  • May 23, 2018 2:49am May 23, 2018 2:49am
Quoting lemercenaire
{quote} Can you clear this up, Billy? He's traded the 00:00 - 04:00 AU...not the usual 04:00 - 08:00 ...and you talk of the latter. Yes? Now I'm doubting myself, lol.
ooooooooooooooooo...
The latter it is,,,,
The best stats are 04-00 until 08-00 4 hour bar. UK time...

The 12-00 4 hour bar is good but the reason i did not stick with it is because it meant me staying awake..

i started trading the 04 -00 bar because i then was awake at 08-00 +

AND also, i had actually retired from trading .A/U gooooooooooooood
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,048
  • May 23, 2018 2:50am May 23, 2018 2:50am
Perfect touch-and-bounce from Demand...

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  • #29,049
  • May 23, 2018 2:50am May 23, 2018 2:50am
Quoting billytt
{quote} A/U off the the 04-00 4 bar is gooooooooooooooooooooood. nice steady pace
Would the A/J be something similar, given that the 04-00 4 bar closes 1 hr after the Tokyo open ? Hope I got the time right
Good Trading
  • #29,050
  • May 23, 2018 2:52am May 23, 2018 2:52am
[quote=samuel2133;11088625]{quote} Reduced lot size and scalped the monster on every potential bounce (as I didnt take the breakout of 6-8 candles) 13100 13000 and other demand levels i guess. +3 +11 +14 +3 -12 +27 (last one was the boun

You are doing well bud.... you are watching and taking notes.

collate some stats , frequency distribution style and you will come on leaps and bounds as they say.
good trades .niiiiice
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,051
  • May 23, 2018 2:53am May 23, 2018 2:53am
Quoting billytt
{quote} ooooooooooooooooo... The latter it is,,,, The best stats are 04-00 until 08-00 4 hour bar. UK time... The 12-00 4 hour bar is good but the reason i did not stick with it is because it meant me staying awake.. i started trading the 04 -00 bar because i then was awake at 08-00 + AND also, i had actually retired from trading .A/U gooooooooooooood
Thanks, Billy.

Keeps things straight.

Better stats and not getting up four hours earlier sound good to me, lol.
  • #29,052
  • May 23, 2018 2:54am May 23, 2018 2:54am
Quoting aud
{quote} Would the A/J be something similar, given that the 04-00 4 bar closes 1 hr after the Tokyo open ? Hope I got the time right
A/J ????? really lol.. sorry but i have no idea.

i know E/J & A/U & Cable, nothing else exists in my world. Dax is something else lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,053
  • May 23, 2018 2:55am May 23, 2018 2:55am
Quoting lemercenaire
{quote} Thanks, Billy. Keeps things straight. Better stats and not getting up four hours earlier sound good to me, lol.
aaaaaaaaaaaaaaaaaaaagh, i said 12-00 NO. it is the 00-00 bar midnight. i know you know
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,054
  • May 23, 2018 2:56am May 23, 2018 2:56am
Quoting aud
{quote} Would the A/J be something similar, given that the 04-00 4 bar closes 1 hr after the Tokyo open ? Hope I got the time right
That time-slot covers my Witching Hour set-up (a late Southern Hemisphere Dead Zone variant) and although Wanna and I used to run EJ and GJ, I don't see why AJ wouldn't work as well. I don't have stats for it though.
  • #29,055
  • May 23, 2018 2:57am May 23, 2018 2:57am
Quoting lemercenaire
{quote} Thanks, Billy. Keeps things straight. Better stats and not getting up four hours earlier sound good to me, lol.
in those days , i was awake all of the time, mainly taking stats after midnight , i did have to sleep.

If i was dependent on the method for income i would of been awake. aka, working a night shift lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,056
  • May 23, 2018 2:58am May 23, 2018 2:58am
almost 09-00

i was looking into placing a retrace trade on Cable, but just decided to leave it alone..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,057
  • May 23, 2018 3:03am May 23, 2018 3:03am
Quoting billytt
{quote} ooooooooooooooooo... The latter it is,,,, The best stats are 04-00 until 08-00 4 hour bar. UK time... The 12-00 4 hour bar is good but the reason i did not stick with it is because it meant me staying awake.. i started trading the 04 -00 bar because i then was awake at 08-00 + AND also, i had actually retired from trading .A/U gooooooooooooood
Thanks for clearing this up billy....so i've been waking up early yet the AU 04-08 bar has beeter stats..ohhhhh.....i hope the method is still the same.....use the high and low as range and trade soon as either is broken?..which of the 2 has a 90% win rate billy??
  • #29,058
  • May 23, 2018 3:03am May 23, 2018 3:03am
Quoting billytt
{quote} ooooooooooooooooo... The latter it is,,,, The best stats are 04-00 until 08-00 4 hour bar. UK time... The 12-00 4 hour bar is good but the reason i did not stick with it is because it meant me staying awake.. i started trading the 04 -00 bar because i then was awake at 08-00 + AND also, i had actually retired from trading .A/U gooooooooooooood
I just noticed that I took the 7:55 5min bar breakout of the range. Still making mistakes... In this case, I would certaintly just take it back (the false breakout) as the 7:55 bar is large. Just my idea.
  • #29,059
  • May 23, 2018 3:04am May 23, 2018 3:04am
Quoting samuel2133
{quote} Reduced lot size and scalped the monster on every potential bounce (as I didnt take the breakout of 6-8 candles) 13100 13000 and other demand levels i guess. +3 +11 +14 +3 -12 +27 (last one was the bounce on 13000). Given the size of the 8:00 GU candle, I wanted to play it Lem style (back into the body) but it didn't false breakout. I think it did now, but I am done already. I also took 3 pips from AU 4-8 4h breakout. lastly I hope I've caught the lowest of the day in EJ @ 128.88. Was waiting for this level for days.[/highlight]...
...lastly I hope I've caught the lowest of the day in EJ @ 128.88. Was waiting for this level for days

I've got Demand sitting below at 128.402 and I think EJ is playing games just now.

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It doesn't look the most robust level though, with the only other one in town, on the H4 at 127.983 perhaps carrying a bit more weight.

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Will be interesting to see what it does.
  • #29,060
  • May 23, 2018 3:07am May 23, 2018 3:07am
Quoting billytt
{quote} aaaaaaaaaaaaaaaaaaaagh, i said 12-00 NO. it is the 00-00 bar midnight. i know you know
Lol, I know...I hadn't registered that - I actually read it as the midnight bar, not noon as I knew that was what you meant!
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