Billytt Die happy trading e/j daily breakout | Page 1697 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #33,921
  • Oct 11, 2018 2:28am Oct 11, 2018 2:28am
Oh and @ Bo, there's your Night Shift indi above. It runs from the Open 21:30 to Close 00:00 UK time.
  • #33,922
  • Oct 11, 2018 2:34am Oct 11, 2018 2:34am
What a nice Z-Line rebound!

The line was formed around the upper level of the Night Shift indi as a coincidence...or not...

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  • #33,923
  • Oct 11, 2018 2:38am Oct 11, 2018 2:38am
Quoting lemercenaire
What a nice Z-Line rebound! The line was formed around the upper level of the Night Shift indi as a coincidence...or not... {image}
1.3185, looking for clues ... overall, it is a strong market.
Fix up, trade sharp ...
  • #33,924
  • Oct 11, 2018 2:38am Oct 11, 2018 2:38am
Watch out later...The Prince of Darkness is due to emerge from his crypt...

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  • #33,925
  • Oct 11, 2018 2:41am Oct 11, 2018 2:41am
Quoting lemercenaire
Watch out later...The Prince of Darkness is due to emerge from his crypt... {image}
Oh yeah, it is carnage hour again ...
Fix up, trade sharp ...
  • #33,926
  • Oct 11, 2018 2:45am Oct 11, 2018 2:45am
Quoting bojack34
Could someone please show me a screen shot of the M30 Candle of Claudia's "Simple Dreams" strategy. I want to make sure I'm using the correct candle. I know it's the last M30 candle of the NY Session but a visual would sure help me out. I'm not thinking straight at the moment. Tyvm.
The divider is midnight uk time - currently 08.45.
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  • #33,927
  • Oct 11, 2018 2:53am Oct 11, 2018 2:53am
Getting interesting now at DPP 1.3185.
Fix up, trade sharp ...
  • #33,928
  • Oct 11, 2018 2:57am Oct 11, 2018 2:57am
Some fun on the side, with another couple of Cable Shorts jumped on, for a Double-Dipped +9 and +5...

Attached Image (click to enlarge)
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Meant to say, notice that the earlier Z-Line was / is the DWZ entry. -Power at work.
  • #33,929
  • Oct 11, 2018 2:57am Oct 11, 2018 2:57am
the frankenbreak streak continues.....there was overnight activity on the pair so i changed my lines a bit to maintain a range of 10 pips
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  • #33,930
  • Oct 11, 2018 3:16am Oct 11, 2018 3:16am
Quoting lemercenaire
Oh and @ Bo, there's your Night Shift indi above. It runs from the Open 21:30 to Close 00:00 UK time.
I'm using the close of that bar at 00:30.
  • #33,931
  • Oct 11, 2018 3:23am Oct 11, 2018 3:23am
The lay of the land.

Time shift is 2 hrs on this broker.

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  • #33,932
  • Oct 11, 2018 3:25am Oct 11, 2018 3:25am
Quoting claudia1
{quote} I'm using the close of that bar at 00:30.
Yeah, sorry that doesn't read right. I mean that as it runs to the close of the 00:00 bar. So entry is, as you say, any time after 00:30 UK.
  • #33,933
  • Oct 11, 2018 3:36am Oct 11, 2018 3:36am
Nice bounce ...

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  • #33,934
  • Oct 11, 2018 3:50am Oct 11, 2018 3:50am
Claudia and Lem

If i may ask you a question i would like to have your opinion on the question below :

if you have to choose between directional trades or volatility trades which one you will choose ?
and with your extensive experience would you be kind enough to explain your choice ?

i just hope that you will not find this question stupid .

SB
trying to make everyday the best risk/reward decisions possible
  • #33,935
  • Oct 11, 2018 4:03am Oct 11, 2018 4:03am
Quoting slowbrain
Claudia and Lem If i may ask you a question i would like to have your opinion on the question below : if you have to choose between directional trades and volatility trades which one you will choose ? and with your extensive experience would you be kind enough to explain your choice ? i just hope that you will not find this question stupid . SB
Hi SB.

Interesting question.

For me, it would probably be directional. It's kind of a default position, as you can trade price moving over a line with zero input from anything else. Price will either go over or it won't.

However, I will then look to add to my edge, for what it is, by looking for something that I can use to anticipate what will drive price in a particular direction...S+D, Momo, whatever floats your boat.

I don't trade news as such but I do trade the reaction to any move that comes as a result of that news. Same with the morning DAX set-up. I know it's going to move, I have my lines in place and I don't really care why or what it is that makes it move, so long as it does.

Put it this way. Next candle up to bat. Toss a coin and go in on the direction you called as soon as that next candle opens. It's ultimately what you do next that matters anyway.

Hope that makes sense. If you want me to expand on any particular part of that, just ask away, though I think that pretty much covers it.
  • #33,936
  • Oct 11, 2018 4:05am Oct 11, 2018 4:05am
Time for a brew. Back in a bit.
  • #33,937
  • Oct 11, 2018 4:42am Oct 11, 2018 4:42am
Quoting lemercenaire
{quote} Hi SB. Interesting question. For me, it would probably be directional. It's kind of a default position, as you can trade price moving over a line with zero input from anything else. Price will either go over or it won't. However, I will then look to add to my edge, for what it is, by looking for something that I can use to anticipate what will drive price in a particular direction...S+D, Momo, whatever floats your boat. I don't trade news as such but I do trade the reaction to any move that comes as a result of that news. Same with the morning...

Lem

Tanks a lot for the answer , very clear and it really makes sense

SB
trying to make everyday the best risk/reward decisions possible
  • #33,938
  • Oct 11, 2018 5:07am Oct 11, 2018 5:07am
Quoting claudia1
{quote} The divider is midnight uk time - currently 08.45. {image}
Got it thanks!

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  • #33,939
  • Oct 11, 2018 5:10am Oct 11, 2018 5:10am
Choppy, choppy, choppy. Did not place a single trade today. PP mainly not touched because of strange PA. Night BO was around 3:30 my time, have to zzzzz on that unfortunately. Maybe another pike fishing and come back fresh tomorrow, catching + 15, + 20 to end the week would be very nice, just one good trade ... one good trade ... one good trade ... I'm gonna wait.
Fix up, trade sharp ...
  • #33,940
  • Oct 11, 2018 5:19am Oct 11, 2018 5:19am
[quote=montego;11570065]
Quoting montego
On Demo, just for fun, wouldn't suprize me if it makes the +15 lol {image}[/quoteu update in long {image}
UPDATE +15
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