Billytt Die happy trading e/j daily breakout | Page 1662 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #33,221
  • Sep 20, 2018 12:18am Sep 20, 2018 12:18am
Price is trundling on. Knocking over the shallow Supply Zones in its path. Almost back at the Daily Open level.
  • #33,222
  • Sep 20, 2018 12:20am Sep 20, 2018 12:20am
I'm going to drop to the m-1 and see if I can get in on some micro S+D action.
  • #33,223
  • Sep 20, 2018 12:21am Sep 20, 2018 12:21am
Good clean start.

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  • #33,224
  • Sep 20, 2018 12:23am Sep 20, 2018 12:23am
Good morning, GU and EU looking bullish on the open ... but will the chop continue?
Fix up, trade sharp ...
  • #33,225
  • Sep 20, 2018 12:25am Sep 20, 2018 12:25am
Quoting lemercenaire
I'm going to drop to the m-1 and see if I can get in on some micro S+D action.
Let the CHF get out the way to be safe.
  • #33,226
  • Sep 20, 2018 12:29am Sep 20, 2018 12:29am
Quoting Hickson
Good morning, GU and EU looking bullish on the open ... but will the chop continue?
Took 10 on gu open. Finally broke the 50, break over pivot and overnight range. It's going up yesterday's high obvious target.
  • #33,227
  • Sep 20, 2018 12:33am Sep 20, 2018 12:33am
Quoting claudia1
{quote} Took 10 on gu open. Finally broke the 50, break over pivot and overnight range. It's going up yesterday's high obvious target.
D-mR1 Bo on EU, missed the PB ... slow me ... what's your SL on such a scalp for 10? Do you mind sharing? I'm always concerned about the RR.
Fix up, trade sharp ...
  • #33,228
  • Sep 20, 2018 12:36am Sep 20, 2018 12:36am
Quoting Hickson
{quote} D-mR1 Bo on EU, missed the PB ... slow me ... what's your SL on such a scalp for 10? Do you mind sharing? I'm always concerned about the RR.
Other side of the box - just place orders either side pre open. R:R not too good but win rate high.
  • #33,229
  • Sep 20, 2018 12:39am Sep 20, 2018 12:39am
Quoting claudia1
{quote} Other side of the box - just place orders either side pre open. R:R not too good but win rate high.
I see, you are using stop entries? There are some people also putting no sl and having one sell and one buy there, but I always wondered what happens if both are triggered and you have to deal with that mess lol
Fix up, trade sharp ...
  • #33,230
  • Sep 20, 2018 12:42am Sep 20, 2018 12:42am
Quoting Hickson
{quote} I see, you are using stop entries? There are some people also putting no sl and having one sell and one buy there, but I always wondered what happens if both are triggered and you have to deal with that mess lol
Doesn't happen often. I move to b/e very quickly then take 7 to 10 on London open. Messes I can deal with had practice ! Stop entries a point or two above/below. Nothing special very simple.
  • #33,231
  • Sep 20, 2018 12:46am Sep 20, 2018 12:46am
Quoting claudia1
{quote} Doesn't happen often. I move to b/e very quickly then take 7 to 10 on London open. Messes I can deal with had practice ! Stot entries a point or two above/below. Nothing special very simple.
Think I read something like that before at Carter's book on daytrading - the disadvantage is it needs constant nursing, putting an intraday trade with 15-20 pip sl and TP allows me to be disturbed at some times during the day. Trading is really to work with one's individual situation ...
Fix up, trade sharp ...
  • #33,232
  • Sep 20, 2018 12:49am Sep 20, 2018 12:49am
Quoting Hickson
{quote} Think I read something like that before at Carter's book on daytrading - the disadvantage is it needs constant nursing, putting an intraday trade with 15-20 pip sl and TP allows me to be disturbed at some times during the day. Trading is really to work with one's individual situation ...
Don't know Carter but I agree we are all different. I set targets (not pips but £) and play until I get there.

When trading throughout the day rarely use stops.
  • #33,233
  • Sep 20, 2018 12:55am Sep 20, 2018 12:55am
@ Lem - Hickson reminded me of something. A few years back Billy set off to write a book maybe that's what he's up to ! 'The life and times of Billy and the gnomes'.
  • #33,234
  • Edited 1:10am Sep 20, 2018 12:59am | Edited 1:10am
That was fun...

Got in on a long scalp off some small momo (probably too small, if I'm honest) and then got my target - then just as I am about to close, broadband drop out...

It always seems like half-an-hour before things kick back into life again - and whatever it was, price had dropped again and I'd missed my chance to close.

It was scratch-level still though, so I didn't close it out and as it turns out, it turned up again, I got my +5 and out I got.

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Out

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As it turned out...off it went again...

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Ah well. Happy enough.
  • #33,235
  • Sep 20, 2018 1:00am Sep 20, 2018 1:00am
@ Lem again - don't forget the 2.40 now at 33/1. Took a little e/w for fun based on the name. I go quiet now.
  • #33,236
  • Sep 20, 2018 1:06am Sep 20, 2018 1:06am
Quoting Hickson
{quote} Think I read something like that before at Carter's book on daytrading - the disadvantage is it needs constant nursing, putting an intraday trade with 15-20 pip sl and TP allows me to be disturbed at some times during the day. Trading is really to work with one's individual situation ...
As Claudia says, each to their own. I've seen and run with both camps. These days, I detest leaving myself at the mercy of the market whims and much prefer to keep on top of the move, every second the trade is open - albeit with The DAX, that can literally be 1 second, lol.
  • #33,237
  • Sep 20, 2018 1:07am Sep 20, 2018 1:07am
U/C on the 30 tempting - will go quiet.
  • #33,238
  • Sep 20, 2018 1:10am Sep 20, 2018 1:10am
Quoting claudia1
@ Lem again - don't forget the 2.40 now at 33/1. Took a little e/w for fun based on the name. I go quiet now.
It's come in again but like you, got a little taste for giggles!

I'm off for breakfast now. Back later.
  • #33,239
  • Sep 20, 2018 1:32am Sep 20, 2018 1:32am
Quoting lemercenaire
{quote} It's come in again but like you, got a little taste for giggles! I'm off for breakfast now. Back later.
There's two in that race just noticed. The other one is c&d winner might have a chance - at 6/1 another e/w.

If they lose know who to blame.
  • #33,240
  • Sep 20, 2018 1:39am Sep 20, 2018 1:39am
Quoting claudia1
{quote} There's two in that race just noticed. The other one is c&d might have a chance 6/1 another e/w.
Yeah, I saw that, lol. You may be right
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