Billytt Die happy trading e/j daily breakout | Page 1482 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #29,621
  • May 29, 2018 3:21am May 29, 2018 3:21am
woooooooooo my m adr low has just been broken, and i get commission..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,622
  • May 29, 2018 3:27am May 29, 2018 3:27am
i should do this for a living lol , no way jose' all that has stopped now.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,623
  • May 29, 2018 3:42am May 29, 2018 3:42am
Quoting billytt
Cable,,,, at 07-37 the modest daily range .... Hi = 13375 & Lo 13236 it can change as we have movement adr is currently 40 , it is still early days.
Morning everyone.
Billytt did you get the ADR from the last 5 days or 20 ?
Regards
Kev
  • #29,624
  • May 29, 2018 3:44am May 29, 2018 3:44am
Quoting billytt
{quote} if it drops 3200
4 off 13200 lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,625
  • May 29, 2018 3:45am May 29, 2018 3:45am
Quoting kevin1959
{quote} Morning everyone. Billytt did you get the ADR from the last 5 days or 20 ? Regards Kev
that is classified info lol

i get adr for 20 and 5 days, these are standard..

edit,, before anyone looks at adr, the adr for last 5 days excluding sundays is 84.. But i say my m dr is 90???? it should be 74 BUT i am not chasing any Fails,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,626
  • May 29, 2018 3:53am May 29, 2018 3:53am
Quoting billytt
modest daily range at 07-52 Hi 13374 & Lo 13235
Hi Billytt.
Still a bit confused.
The opening price at midnight was 1.3311.
If the ADR is 40, ( is this yesterdays range )?
Would this make the high 1.3351, and the low 1.3261
Regards
Kev.
  • #29,627
  • May 29, 2018 4:03am May 29, 2018 4:03am
I am not saying this now because it has happened as i did say weeks ago.

Sometimes, when the adr is made or even a big move, you will see movement back inside the range. no doubt this will be a Lem speciality of wick zone.

i do not trade this but am just giving info.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,628
  • May 29, 2018 4:11am May 29, 2018 4:11am
i did post something about this last week?

if you trade the adr and have a good entry , the big trouble is now watching the bar .....
Because it screws your head up,
remember i posted a chart with 2 green bars? as soon as you see a (possible retrace) you think omg i am going to lose or not make as much.

SOOOOOOOOOOOOO enter a trade and leave the screen, walk away ...
if it wins it wins
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,629
  • May 29, 2018 4:24am May 29, 2018 4:24am
Quoting kevin1959
{quote} Hi Billytt. Still a bit confused. The opening price at midnight was 1.3311. If the ADR is 40, ( is this yesterdays range )? Would this make the high 1.3351, and the low 1.3261 Regards Kev.
First, where did 40 adr come from??? actually i think that is yesterday, it was approx 45 Bank Holiday so anything could of happened but i did expect it to drop..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,630
  • May 29, 2018 4:28am May 29, 2018 4:28am
Quoting kevin1959
{quote} Hi Billytt. Still a bit confused. The opening price at midnight was 1.3311. If the ADR is 40, ( is this yesterdays range )? Would this make the high 1.3351, and the low 1.3261 Regards Kev.
oops start again.

Todays open at 00-00 midnight was 13311 . we then add & subtract 90 (my modest range) from 13311. So 13311 + 90 = 13401 Hi ...
and 13311 - 90 =13221 Low.

As we have movement this Hi/Lo will be adjusted.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,631
  • May 29, 2018 4:30am May 29, 2018 4:30am
Quoting billytt
I am not saying this now because it has happened as i did say weeks ago. Sometimes, when the adr is made or even a big move, you will see movement back inside the range. no doubt this will be a Lem speciality of wick zone. i do not trade this but am just giving info.
Hi,

Congrats to Claudia and Billy that shorted GU and EJ.

Sloppy trading (my style). I've had no levels detected in advance (as this move was sudden). Tried to buy EJ @ 126.22 -8, then tried again @ 125.84 -12, then tried again @ 125.18 , made 35. Not easy as your instinct wants to close gains quickly. But been there so many times.

Also, took the juicy break from the other end of AUDUSD, it was there so why not lol. 5pips. Yes, it is the retrace that could even go for more but enough for me.

What I did wrong. Not trusting Billy's Method.....##yet## Today's typical day where you bag the extra % to cover for the losses. Jumping into trades too early.
What I did right. Take my loss and follow EJ to find the right retrace.
  • #29,632
  • May 29, 2018 4:33am May 29, 2018 4:33am
Quoting kevin1959
{quote} Hi Billytt. Still a bit confused. The opening price at midnight was 1.3311. If the ADR is 40, ( is this yesterdays range )? Would this make the high 1.3351, and the low 1.3261 Regards Kev.
i just realised Kevin, i spoke of adr 40 earlier..
i was speaking about the movement today Tues.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,633
  • May 29, 2018 4:37am May 29, 2018 4:37am
Quoting samuel2133
{quote} Hi, Congrats to Claudia and Billy that shorted GU and EJ. Sloppy trading (my style). I've had no levels detected in advance (as this move was sudden). Tried to buy EJ @ 126.22 -8, then tried again @ 125.84 -12, then tried again @ 125.18 , made 35. Not easy as your instinct wants to close gains quickly. But been there so many times. Also, took the juicy break from the other end of AUDUSD, it was there so why not lol. 5pips. Yes, it is the retrace that could even go for more but enough for me. What I did wrong. Not trusting Billy's Method.....##yet##...
Hi, my method isnt 100% perfect, it does lose.

i was actually watching E/J and almost did a Claudia break lol, but i decided to just watch. Whereas my mate did short it

edit,,, actually he can reward me for it lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,634
  • May 29, 2018 4:39am May 29, 2018 4:39am
Quoting kevin1959
{quote} Hi Billytt. Still a bit confused. The opening price at midnight was 1.3311. If the ADR is 40, ( is this yesterdays range )? Would this make the high 1.3351, and the low 1.3261 Regards Kev.

Actually Kevin, i said what my m adr is from the actual 00-00 open, i do not have to do that.
Really i should use the 04-00 4 hour bar to give it more credibility.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,635
  • May 29, 2018 4:44am May 29, 2018 4:44am
Quoting samuel2133
{quote} Hi, Congrats to Claudia and Billy that shorted GU and EJ. Sloppy trading (my style). I've had no levels detected in advance (as this move was sudden). Tried to buy EJ @ 126.22 -8, then tried again @ 125.84 -12, then tried again @ 125.18 , made 35. Not easy as your instinct wants to close gains quickly. But been there so many times. Also, took the juicy break from the other end of AUDUSD, it was there so why not lol. 5pips. Yes, it is the retrace that could even go for more but enough for me. What I did wrong. Not trusting Billy's Method.....##yet##...
Thanks.

Place orders either side of a tight range as in e/j last night - set and forget. Easier said than done !
  • #29,636
  • May 29, 2018 4:45am May 29, 2018 4:45am
Mrs T has seen the Cable trade........garden centre again ?
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.jpg Size: 622 KB
every Saint has a past. Every Sinner has a Future
  • #29,637
  • May 29, 2018 4:47am May 29, 2018 4:47am
Quoting turnip15
Mrs T has seen the Cable trade........garden centre again ? {image}
lol - do you have a choice ?
  • #29,638
  • May 29, 2018 4:52am May 29, 2018 4:52am
Kevin, anyone....
its not doris stokes lol.
example... 500 open with an adr of 100.


open is 500 so adr high is 600 & low is 400 .. (500 +/- 100 == 600/400)

after movement lets say to 450 repeat procedure... (450 +100 = 550 new adr High) but the Low only has to go 50 to make the adr low of 400.

ask questions.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,639
  • May 29, 2018 4:52am May 29, 2018 4:52am
Quoting turnip15
Mrs T has seen the Cable trade........garden centre again ? {image}
yaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,640
  • May 29, 2018 4:56am May 29, 2018 4:56am
Quoting claudia1
{quote} Thanks. Place orders either side of a tight range as in e/j last night - set and forget. Easier said than done !
it is a good method..
i think if you just happen to put a chart up and see the consolidation range for x amount , trade the break.
i suppose we could had a false break ( i hate saying that) longer the better just like inside bars, long time bigger break range
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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