Billytt Die happy trading e/j daily breakout | Page 1812 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #36,221
  • Nov 20, 2018 4:37am Nov 20, 2018 4:37am
That's it for now. Mrs T and I are off to NEXT for coffee and cake ( she tells me)...Bet she buys something in the ladies fashion section
every Saint has a past. Every Sinner has a Future
  • #36,222
  • Nov 20, 2018 4:47am Nov 20, 2018 4:47am
Quoting turnip15
{quote} I sort of copy Rockypoint - and use levels of consolidation ( hesitation) - I always lock in five. Often I have got out because price creeps back to an area then get back in when it moves on. Stops to breakeven plus whatever you want to ensure you get something. I never let price go past my entry candle. IE -if price breaks a level I enter on start of next bar -thus the prior bar is my stop -sorry if I have explained badly.
Yes, you need to know what to do if it does not behave. Cannot always take the full loss if it goes for you first. I treat it in terms of R usually. Once 1 R up, sl has to be BE.
Fix up, trade sharp ...
  • #36,223
  • Nov 20, 2018 4:57am Nov 20, 2018 4:57am
Quoting Hickson
{quote} Yes, you need to know what to do if it does not behave. Cannot always take the full loss if it goes for you first. I treat it in terms of R usually. Once 1 R up, sl has to be BE.
This might help how I think of market and stops ?
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every Saint has a past. Every Sinner has a Future
  • #36,224
  • Nov 20, 2018 4:57am Nov 20, 2018 4:57am
Really stopping now....Mrs T is calling me
every Saint has a past. Every Sinner has a Future
  • #36,225
  • Nov 20, 2018 6:05am Nov 20, 2018 6:05am
Market is in vacation mode ...
Fix up, trade sharp ...
  • #36,226
  • Nov 20, 2018 6:15am Nov 20, 2018 6:15am
Quoting turnip15
{quote} I sort of copy Rockypoint - and use levels of consolidation ( hesitation) - I always lock in five. Often I have got out because price creeps back to an area then get back in when it moves on. Stops to breakeven plus whatever you want to ensure you get something. I never let price go past my entry candle. IE -if price breaks a level I enter on start of next bar -thus the prior bar is my stop -sorry if I have explained badly.
Perfect explanation. At its most basic level, if you are scalping and a candle closes against you, get out.
  • #36,227
  • Nov 20, 2018 6:20am Nov 20, 2018 6:20am
It's a snooze-fest today.

I had been keeping an eye on this and it has headed into a pretty decent set-up...

EURJPY m5

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However, the spread, the spread...meh. Not for me.

I think I'm going to call it quits for the day. Bagged ok and this is guff.
  • #36,228
  • Nov 20, 2018 6:24am Nov 20, 2018 6:24am
dit on above.

Only way I would have considered a play now, would be if price broke and closed below the minor fib's 50.

EURJPY m5

Attached Image (click to enlarge)
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At the moment, it is playing a suckers' game, with a distinct whiff of trap about it.
  • #36,229
  • Nov 20, 2018 6:27am Nov 20, 2018 6:27am
Quoting lemercenaire
dit on above. Only way I would have considered a play now, would be if price broke and closed below the minor fib's 50. EURJPY m5 {image} At the moment, it is playing a suckers' game, with a distinct whiff of trap about it.
See what I mean?

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Need it to close solidly below.
  • #36,230
  • Nov 20, 2018 6:29am Nov 20, 2018 6:29am
Quoting lemercenaire
{quote} See what I mean? {image} Need it to close solidly below.
Yes. They can trap you again and again if not careful. Cable the same games today ...
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Fix up, trade sharp ...
  • #36,231
  • Nov 20, 2018 6:30am Nov 20, 2018 6:30am
Quoting lemercenaire
{quote} See what I mean? {image} Need it to close solidly below.
Ok then...now we're into Z-Line territory...

Attached Image (click to enlarge)
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  • #36,232
  • Nov 20, 2018 6:39am Nov 20, 2018 6:39am
Quoting lemercenaire
{quote} Ok then...now we're into Z-Line territory... {image}
Sometimes you just need to sit back and let the market do its own thing for a while...

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  • #36,233
  • Nov 20, 2018 6:40am Nov 20, 2018 6:40am
Quoting Hickson
{quote} Yes. They can trap you again and again if not careful. Cable the same games today ... {image}
You could take your eye out with one of those
  • #36,234
  • Nov 20, 2018 6:41am Nov 20, 2018 6:41am
Quoting lemercenaire
{quote} You could take your eye out with one of those
lol, bet someone did ... I think I will have a 100 % winrate on that bet. Unfortunately, it is not available at my broker ...
Fix up, trade sharp ...
  • #36,235
  • Nov 20, 2018 6:42am Nov 20, 2018 6:42am
Quoting Hickson
{quote} lol, bet someone did ... I think I will have a 100 % winrate on that bet. Unfortunately, it is not available at my broker ...
I feel like I want to sit and wait on EJ to do what I think it will do...but I'm losing the will to live here...
  • #36,236
  • Nov 20, 2018 6:57am Nov 20, 2018 6:57am
Quoting lemercenaire
{quote} I feel like I want to sit and wait on EJ to do what I think it will do...but I'm losing the will to live here...
Took +2 out of it and happy to take it.

EURJPY m5 +2

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+2 looks just fine right about now...

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  • #36,237
  • Nov 20, 2018 6:59am Nov 20, 2018 6:59am
Right, going sideways again, so I am done with it.

Have a good one anyone who's still awake out there and I will catch y'all again later.
  • #36,238
  • Nov 20, 2018 6:59am Nov 20, 2018 6:59am
Quoting lemercenaire
Right, going sideways again, so I am done with it. Have a good one anyone who's still awake out there and I will catch y'all again later.
Take care, catch you later.
Fix up, trade sharp ...
  • #36,239
  • Nov 20, 2018 9:11am Nov 20, 2018 9:11am
Quoting lemercenaire
{quote} T80 Chart this morning's UK Open. Clean and obvious. US500 T80 Chart {image}
Standard settings of Ichi? 9, 26, 52, 26?
Buy low, sell high.
  • #36,240
  • Nov 20, 2018 9:41am Nov 20, 2018 9:41am
Quoting lemercenaire
{quote} In my head Other than there, you could do worse than check out Rockypoint's thread. One of the best Ichi threads, the techniques of which can be applied to our world view easily (just ask Mr-T).
I've heard about the wonderful world of Japanese delight, i.e. Ichi. Have been waiting for a faithful friend, a Greek Kharon, to lead me over there into the country of the Rising Sun.

Is this the thread?

https://www.forexfactory.com/showthread.php?t=583609

Would be good to release all that hidden treasuries in your head ;-) Surely, many would benefit. Should we start with where you usually enter? I figured Mr. T and you prefer breakouts after failed attempts in the opposite directions. Short under the cloud, long above?
Buy low, sell high.
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