Billytt Die happy trading e/j daily breakout | Page 1626 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #32,501
  • Aug 22, 2018 2:13am Aug 22, 2018 2:13am
[quote=lemercenaire;11393715]Hi all. C'mon Pips, we don't do Traders' remorse here! You were unsure, you grabbed what you could and got out. It could just as easily have gone the other way and then you'd be tearing your hair out that you didn't stick to the rules. Anyway. You are absolutely correct. The set-up is mud this morning. You could have said a slight short bias at 07:00 or so and that's what we got but it was a very shaky look and price has in fact pulled back a little now. I would have been looking at a drop to 12207 or thereabouts and taking a bounce but it's now...
Yaaaaaaaay
Attached Image
  • #32,502
  • Aug 22, 2018 2:17am Aug 22, 2018 2:17am
Right, I have narrowed my focus to the 12418 level. Looking for a rebound there. How big? Who knows. I do know my finger won't be far from the 'Bail'' button, lol.
  • #32,503
  • Aug 22, 2018 2:19am Aug 22, 2018 2:19am
In short.
  • #32,504
  • Aug 22, 2018 2:22am Aug 22, 2018 2:22am
Quoting lemercenaire
In short.
In 12406...Out 12402. Phew!

Just a close-of-the-candle retrace entry. Nothing fancy.
  • #32,505
  • Aug 22, 2018 3:09am Aug 22, 2018 3:09am
Quick bite. In 12404...Out 12408 (Aggressive entry, Pips.)

Attached Image (click to enlarge)
Click to Enlarge Name: Inked.DE30.M5offtheBlue22ndAug18-aggressiveentry-crop_LI.jpg Size: 595 KB


Could have got more but price had reached micro Supply and no way to know if it was going to push through (which it did) but happy enough.
  • #32,506
  • Aug 22, 2018 3:11am Aug 22, 2018 3:11am
That'll do me for this morning. Beginning to look for trades, not letting them come to me. That can go bad, real quick, so time to step down and unwind - yep, cuppa time!

Back later.
  • #32,507
  • Aug 22, 2018 3:14am Aug 22, 2018 3:14am
Quoting MrGreen95
{quote} How would you like to trade it?
I'd be waiting for price to reach that Supply Zone and fail to breach. Get in on the rebound.

You can play it up on the high tf, or drop down and ride the smaller skirmishes.
  • #32,508
  • Aug 22, 2018 3:17am Aug 22, 2018 3:17am
Quoting lemercenaire
That'll do me for this morning. Beginning to look for trades, not letting them come to me. That can go bad, real quick, so time to step down and unwind - yep, cuppa time! Back later.
Actually may wait for a bit longer, as good scalp conditions setting up. Willing to wait for that.
  • #32,509
  • Aug 22, 2018 3:20am Aug 22, 2018 3:20am
If price closes below 12412, I will leave it. Stay above, looking to jump in long.

Wait...
  • #32,510
  • Aug 22, 2018 3:27am Aug 22, 2018 3:27am
Quoting lemercenaire
If price closes below 12412, I will leave it. Stay above, looking to jump in long. Wait...
Scratched it. Ah well. Now definitely time for tea.
  • #32,511
  • Aug 22, 2018 6:56am Aug 22, 2018 6:56am
Quoting lemercenaire
{quote} Scratched it. Ah well. Now definitely time for tea.
Ssh all quiet here. Billy awol again and where's T ?
  • #32,512
  • Aug 22, 2018 7:19am Aug 22, 2018 7:19am
Break out on DE was good. Even 'Lemonized' my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30(£)H1.png Size: 54 KB
  • #32,513
  • Aug 22, 2018 7:40am Aug 22, 2018 7:40am
Quoting claudia1
Break out on DE was good. Even 'Lemonized' my chart. {image}
Glad you caught it, Claudia.

I was looking at the Sell pressure on the H4 and figured it was a good option to look short out of The Dead Zone. It was...

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H1asDeadZonecwH4SellPressure22ndAug18.png Size: 37 KB


That H4 pressure...

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H4sellpressure22ndAug18.png Size: 37 KB
  • #32,514
  • Aug 22, 2018 7:44am Aug 22, 2018 7:44am
Quoting lemercenaire
Stayed out. Price climbing now and I'll be waiting til we get to around 12384 - 12432 and then look for a rebound. If it grinds through that, there is a heftier stopper at about 12463. Watch the skies.
Those levels held up pretty good.
  • #32,515
  • Aug 22, 2018 7:45am Aug 22, 2018 7:45am
Quoting lemercenaire
{quote} Glad you caught it, Claudia. I was looking at the Sell pressure on the H4 and figured it was a good option to look short out of The Dead Zone. It was... {image} That H4 pressure... {image}
Was just watching the 1h. Not sure about the colour scheme but it made money.

Cable has to drop but a big big number above to be hit first maybe.
  • #32,516
  • Aug 22, 2018 7:49am Aug 22, 2018 7:49am
Pull back then more up side ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(£)H4.png Size: 68 KB
  • #32,517
  • Aug 22, 2018 7:53am Aug 22, 2018 7:53am
Quoting claudia1
{quote} Was just watching the 1h. Not sure about the colour scheme but it made money. Cable has to drop but a big big number above to be hit first maybe.
Lol. Blue background is my broker's default. I had to tone it down candle-colour wise or my eyes would have melted.
  • #32,518
  • Aug 22, 2018 7:56am Aug 22, 2018 7:56am
Quoting claudia1
Pull back then more up side ? {image}
Push on to 29385 - 29582?

I reckon it may just make the first in a single go of it.
  • #32,519
  • Aug 22, 2018 7:57am Aug 22, 2018 7:57am
Quoting lemercenaire
{quote} Lol. Blue background is my broker's default. I had to tone it down candle-colour wise or my eyes would have melted.
It's easier on the eyes than bright white for sure. Can always blame Wilhelm.
  • #32,520
  • Aug 22, 2018 7:58am Aug 22, 2018 7:58am
Quoting lemercenaire
{quote} Push on to 29385 - 29582? I reckon it may just make the first in a single go of it.
Maybe. I gone short and looks like a fight on.
8 traders viewing now