Billytt Die happy trading e/j daily breakout | Page 1609 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #32,161
  • Aug 4, 2018 2:36pm Aug 4, 2018 2:36pm
Rory Gallagher - "Fuel To The Fire"

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  • #32,162
  • Aug 4, 2018 2:47pm Aug 4, 2018 2:47pm
Quoting CARP.BLUFFS
Rory Gallagher - "Fuel To The Fire" https://youtu.be/fW3hcqlqTkk
The guitar players' guitar player.
  • #32,163
  • Aug 5, 2018 1:19am Aug 5, 2018 1:19am
Quoting lemercenaire
{quote} The guitar players' guitar player.
He sure is.
  • #32,164
  • Aug 6, 2018 1:57am Aug 6, 2018 1:57am
FF playing up this morning, so quick round up for now.

Overall, The DAX has a weak Sell bias and had a gap down earlier. This could give us a drop at first (and there has just been a small bounce off a pivot), then a rebound up but at the moment there doesn't seem to be much of anything driving things one way or another.

Have fun all.
  • #32,165
  • Aug 6, 2018 2:13am Aug 6, 2018 2:13am
Well that was like pulling teeth. Managed to squeeze a few percents out of a small bounce move Long move by hitting it three times as it moved, retraced, moved, retraced. Basically a WZ move back into the body of the two-hour block back up towards the -Line.

Total of just under +4% and I'm happy enough with that.

DAX-Monster 06:00 - 08:00 (WZ move back into body). +4% ish.
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  • #32,166
  • Aug 6, 2018 2:19am Aug 6, 2018 2:19am
Price getting pinched between my scalp trigger line and a pivot now, so I will step away for now. The trigger line is strictly not active yet but should still be paid attention to in situations like this, when price is hesitating.

I have family stuff to take care of later in the morning - and through much of the week, in fact - so I will be ducking in and out when and if I can this week. Hopefully I'll still be able to skim some percents here and there.

Trade well all.
  • #32,167
  • Aug 6, 2018 4:33am Aug 6, 2018 4:33am
Chill out time. See you all in September ( albeit I will eavesdrop here when Mrs T is busy elsewhere)
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every Saint has a past. Every Sinner has a Future
  • #32,168
  • Aug 6, 2018 4:53am Aug 6, 2018 4:53am
Quoting turnip15
Chill out time. See you all in September ( albeit I will eavesdrop here when Mrs T is busy elsewhere) {image}
Did I miss something? You off on hols?

Who's going to look after UC now???!!!
  • #32,169
  • Aug 6, 2018 4:55am Aug 6, 2018 4:55am
A key factor in this morning's Monster activity was there to be seen in the Daily WZ.

Price was looking likely to go nowhere else but drop and look at the bounce back to fill the gap, right to the pip of the Open Level.

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  • #32,170
  • Aug 6, 2018 5:05am Aug 6, 2018 5:05am
Hahahahahahahahahahahahahahahaha!!! I love my Monster!!!

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  • #32,171
  • Aug 6, 2018 5:46am Aug 6, 2018 5:46am
Quoting lemercenaire
A key factor in this morning's Monster activity was there to be seen in the Daily WZ. Price was looking likely to go nowhere else but drop and look at the bounce back to fill the gap, right to the pip of the Open Level. {image}
Hi Lem I must have been tuned to your thoughts today.
Earlier frnky open took +12 points entered on area of support back towards the gap and jumped out. PRICE DIDN'T CLOSE THE GAP = mmmm, I will sit on hands for a spell, I had previously marked out a support on the hour, and waited and waited for price to arrive or not arrive.L.O.L. Price got there did what it does then came back = bounced so Iwent in two trades long back to close the gap andthat is a big fat 170 points for moi Yaaaaay. I need to be calm.L.O.L.
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  • #32,172
  • Aug 6, 2018 5:54am Aug 6, 2018 5:54am
Easy run on cable. Watching this - low day range so far.
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  • #32,173
  • Aug 6, 2018 6:11am Aug 6, 2018 6:11am
[quote=Pipradar;11336688]that is a big fat 170 points for moi Yaaaaay. I need to be calm.L.O.L.
All is good , I am now quite calm.L.O.L.
  • #32,174
  • Aug 6, 2018 10:06am Aug 6, 2018 10:06am
I am looking for some clarification on post 1 there are 7 rules are these rules all used with each other? i am under the impression they are separate from one another

on rule 3 (CABLE 08-00 15 MINUTE BAR BREAKOUT) do i understand this right you entry at 8.00am GMT in the direction of the last candle with a 5 pip TP and each pip being worth a 1% of your account i know you are not supposed to let the price move 100 pips against your position as that will destroy the account at some point you are supposed exit the position and use rule 1 (E/J DAILY BREAKOUT) do i understand rule 3 right

can someone explain when you exit rule 3 and entry rule 1 please
  • #32,175
  • Aug 6, 2018 12:01pm Aug 6, 2018 12:01pm
Hi Ross88.
Billytt is the best one to answer your questions.
Just be patient and I am sure he will be along soon
Regards
Kev
  • #32,176
  • Aug 6, 2018 12:25pm Aug 6, 2018 12:25pm
Quoting Pipradar
{quote} Hi Lem I must have been tuned to your thoughts today. Earlier frnky open took +12 points entered on area of support back towards the gap and jumped out. PRICE DIDN'T CLOSE THE GAP = mmmm, I will sit on hands for a spell, I had previously marked out a support on the hour, and waited and waited for price to arrive or not arrive.L.O.L. Price got there did what it does then came back = bounced so Iwent in two trades long back to close the gap andthat is a big[/highlight]...
Iwent in two trades long back to close the gap andthat is a big fat 170 points for moi

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  • #32,177
  • Aug 6, 2018 12:34pm Aug 6, 2018 12:34pm
Quoting Ross88
I am looking for some clarification on post 1 there are 7 rules are these rules all used with each other? i am under the impression they are separate from one another on rule 3 (CABLE 08-00 15 MINUTE BAR BREAKOUT) do i understand this right you entry at 8.00am GMT in the direction of the last candle with a 5 pip TP and each pip being worth a 1% of your account i know you are not supposed to let the price move 100 pips against your position as that will destroy the account at some point you are supposed exit the position and use rule 1 (E/J DAILY...
Hi Buddy.

You're completely muddled on this. They aren't rules but a list of the various methods featured on this thread.

If you are interested in the Cable 08:00 trade (The Billy Bar) then you are looking to trade a break of that bar, so are entering at some point after the 08:00 - 08:15 bar closes. That is the very, very, bare bones on that. There is so much more to it than that - it's all in the trade management (as are most of the methods here, tbh).

I would hazard a guess that Billy has stepped away for a bit to figure out how the new ESMA bumpff is going to impact on the countering technique he uses on his methods. I know I have had to take a look at this as well, as I also use countering to run my methods.

I'd take the time to read through the thread and see what's what and watch this space.
  • #32,178
  • Aug 6, 2018 12:38pm Aug 6, 2018 12:38pm
So tell me, Lem...why do you call it The Monster?

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  • #32,179
  • Aug 6, 2018 2:10pm Aug 6, 2018 2:10pm
Quick look across the DZ charts shows only one clear-cut option. GN of all pairs. Long only. Would depend on your spreads whether it would have been worthwhile.

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  • #32,180
  • Aug 6, 2018 5:30pm Aug 6, 2018 5:30pm
Billy creeps into room.
I went to Wickham Festival with gf.
i was there on Sunday and had a terrific time, i was meant to there longer but i was helping the police with their enquiries.
It seems something dreadful happened to a tenant of mine. (ex tenant) bless him.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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