Billytt Die happy trading e/j daily breakout | Page 1742 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #34,821
  • Oct 22, 2018 4:43am Oct 22, 2018 4:43am
Quoting Hickson
{quote} lol, 1.3040 too fast again 4 me ... best entry for me was m5 retest PP, but for sure was much faster than usual.
Up 18.5 which just took. Let it pull back then go again.

If you on MT4 just put orders in some distance from price before the bar closes. Using the one click thingy you can move the order very quickly. That's all I do when it's like this.
  • #34,822
  • Oct 22, 2018 4:46am Oct 22, 2018 4:46am
Quoting claudia1
{quote} Up 18.5 which just took. Let it pull back then go again. If you on MT4 just put orders in some distance from price before the bar closes. Using the one click thingy you can move the order very quickly. That's all I do when it's like this.
Well done. Might go to 1.3011 area now, then probably 1.30. Put in a limit for 1.3040 as there is a huge level there clusterwise.
Fix up, trade sharp ...
  • #34,823
  • Oct 22, 2018 4:47am Oct 22, 2018 4:47am
Quoting Inception12
{quote} I'll try this....e/j works well for the tokyo session breakout
Never really got around to testing it and it is very simple. Let us know how you get on.
  • #34,824
  • Oct 22, 2018 4:48am Oct 22, 2018 4:48am
Quoting Hickson
{quote} Well done. Might go to 1.3011 area now, then probably 1.30. Put in a limit for 1.3040 as there is a huge level there clusterwise.
Thanks. I got 3017 next as a support. Not too far away. Like to see it go back above 40 first.

Friday's low 3011. Got no news to help unless Donald upsets the Russians.
  • #34,825
  • Oct 22, 2018 4:51am Oct 22, 2018 4:51am
Quoting claudia1
{quote} Thanks. I got 3017 next as a support. Not too far away. Like to see it go back above 40 first. Friday's low 3011. Got no news to help unless Donald upsets the Russians.
H1. 1.3040 should act as resistance atm, if I have learnt anything lol
Attached Image (click to enlarge)
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Fix up, trade sharp ...
  • #34,826
  • Oct 22, 2018 4:59am Oct 22, 2018 4:59am
Not a big fan of e/g but pull it up on the 4h it hit last weeks high to the penny. Double top ?
  • #34,827
  • Oct 22, 2018 5:11am Oct 22, 2018 5:11am
Just exited my GU short trade from resistance ...time to take a break. I'll be waiting for the bounce
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 35 KB
  • #34,828
  • Oct 22, 2018 5:24am Oct 22, 2018 5:24am
Quoting Inception12
Just exited my GU short trade from resistance ...time to take a break. I'll be waiting for the bounce {image}
That's a good comment.
  • #34,829
  • Oct 22, 2018 5:53am Oct 22, 2018 5:53am
Pending short @1.3040 now.
Fix up, trade sharp ...
  • #34,830
  • Oct 22, 2018 5:57am Oct 22, 2018 5:57am
Quoting Hickson
Pending short @1.3040 now.
Tempted to wait for NY open now but looking like a resistance level as you mentioned earlier.
  • #34,831
  • Oct 22, 2018 6:01am Oct 22, 2018 6:01am
Quoting claudia1
{quote} Tempted to wait for NY open now but looking like a resistance level as you mentioned earlier.
Yes, order missed again though lol. I am missing too many entries on good trading ideas recently, need to fix this somehow.
Fix up, trade sharp ...
  • #34,832
  • Oct 22, 2018 6:11am Oct 22, 2018 6:11am
Quoting Hickson
{quote} Yes, order missed again though lol. I am missing to many entries on good trading ideas recently, need to fix this somehow.
The secret is to place orders with s/l and t/p and walk away. I'm not saying I do that as I don't ! Maybe one day.

Think on this. Next job for 007 whatever she's called today and basically an extension of the ea.

At midnight we know with almost certainty that cable is going to move 80 to 100 in the next 10 to 12 hours. So how do we get say 50% of that move ? We use the ea to open a position at 00.30 again when range is around 5. But where to place stops etc ... I got some thoughts. Any comments ?

Trying to achieve one trade a day automated with + 40/50 and it can be done.
  • #34,833
  • Oct 22, 2018 6:16am Oct 22, 2018 6:16am
Quoting claudia1
{quote} The secret is to place orders with s/l and t/p and walk away. I'm not saying I do that as I don't ! Maybe one day. Think on this. Next job for 007 whatever she's called today and basically an extension of the ea. At midnight we know with almost certainty that cable is going to move 80 to 100 in the next 10 to 12 hours. So how do we get say 50% of that move ? We use the ea to open a position at 00.30 again when range is around 5. But where to place stops etc ... I got some thoughts. Any comments ? Trying to achieve one trade a day automated...
This thing I am trading recently looks workable, made a good profit and almost zilch DD the last three weeks. Problem is you have to sit and wait. And wait. And wait. And then you might miss it if the market is too fast, so lots of waiting. Can work, but very slow to be honest.

Nightshift ideas look very reasonable. To catch the bigger move I'd say play with the tp, but will lower the winrate for sure. There is no holy grail, only patience and hard work like everywhere else I guess. But I am with you, one way or the other it can be done.
Fix up, trade sharp ...
  • #34,834
  • Oct 22, 2018 6:19am Oct 22, 2018 6:19am
Quoting Hickson
{quote} This thing I am trading recently looks workable, made a good profit and almost zilch DD the last three weeks. Problem is you have to sit and wait. And wait. And wait. And then you might miss it if the market is too fast, so lots of waiting. Can work, but very slow to be honest. Nightshift ideas look very reasonable. To catch the bigger move I'd say play with the tp, but will lower the winrate for sure. There is no holy grail, only patience and hard work like everywhere else I guess. But I am with you, one way or the other it can be done....
Ok no rush kick some ideas around and see what Lem and Pip and others have to say.

My thinking is that it needs to be based on previous daily range or something along those lines. We'll get there with 007's help. Wine bar time.
  • #34,835
  • Oct 22, 2018 6:27am Oct 22, 2018 6:27am
Got very close to Friday's low. be some buyers down there - back to the 40 ?

13.30 my next look. Lunch time.
  • #34,836
  • Oct 22, 2018 7:03am Oct 22, 2018 7:03am
Quoting claudia1
{quote} Ok no rush kick some ideas around and see what Lem and Pip and others have to say. My thinking is that it needs to be based on previous daily range or something along those lines. We'll get there with 007's help. Wine bar time.
I usually enter when a PP or cluster area breaks with momentum on the PB. Problem is, often I cannot catch it and the move happens without me. If I get it, it is usually a nice trade, sometimes even for 5-6 R. That is what I meant with a lot of waiting involved.
Fix up, trade sharp ...
  • #34,837
  • Oct 22, 2018 7:21am Oct 22, 2018 7:21am
At Last,,, there's a song there L.O.L. DAX Monster. Took a Lem style Momo Short from micro Supply, gazz-unda!! bagged 5 points yaaaaay , I traded half usual lot size , erm cause erm, Need a bit more confidence, But slowly slowly catch the Monkey or was just Barn Storm Luck , time will tell ,,or,, I might get Summond by Lem to bring my note pad. All good time for a brew.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX30M1 22Oct 13-00 ish Momo short from Micro Supply 12pips 6 points.png Size: 44 KB
  • #34,838
  • Oct 22, 2018 7:33am Oct 22, 2018 7:33am
Quoting Hickson
{quote} This thing I am trading recently looks workable, made a good profit and almost zilch DD the last three weeks. Problem is you have to sit and wait. And wait. And wait. And then you might miss it if the market is too fast, so lots of waiting. Can work, but very slow to be honest. Nightshift ideas look very reasonable. To catch the bigger move I'd say play with the tp, but will lower the winrate for sure. There is no holy grail, only patience and hard work like everywhere else I guess. But I am with you, one way or the other it can be done....
Would love to hear more about this trading idea Hickson, i can give it a try.
  • #34,839
  • Oct 22, 2018 7:53am Oct 22, 2018 7:53am
GBP SELL OFF mmmm where too
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4 GBP Mon 22 Oct Big Sell off update 13-50pm.png Size: 60 KB
  • #34,840
  • Oct 22, 2018 7:54am Oct 22, 2018 7:54am
Quoting Pipradar
GBP SELL OFF mmmm where too {image}
Not much support left. I just wonder where to get in. It is a straight line ...
Fix up, trade sharp ...
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