Billytt Die happy trading e/j daily breakout | Page 1837 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #36,721
  • Dec 11, 2018 8:25am Dec 11, 2018 8:25am
t 14-23
i see E/U has broken the 00-00 4 hour bar Low.

it has made approx 60 points today.
Chase the adr LOW. i have someone asking me questions about E/U that is why mentioned it. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,722
  • Dec 11, 2018 9:00am Dec 11, 2018 9:00am
t 14-54
Cable... is approx 13 off the 00-00 4 hour bar Low.

If it hits low we may get a bounce, then hopefully it drops down for + 30 and that will be an adr of 120... lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,723
  • Dec 11, 2018 9:08am Dec 11, 2018 9:08am
Quoting billytt
t 14-54 Cable... is approx 13 off the 00-00 4 hour bar Low. If it hits low we may get a bounce, then hopefully it drops down for + 30 and that will be an adr of 120... lol
No trading today, but watching with interest.
Fix up, trade sharp ...
  • #36,724
  • Dec 11, 2018 9:16am Dec 11, 2018 9:16am
Quoting billytt
t 14-23 i see E/U has broken the 00-00 4 hour bar Low. it has made approx 60 points today. Chase the adr LOW. i have someone asking me questions about E/U that is why mentioned it. lol
well it made + 20 (maybe more) i do not know the adr lol
E/U is new to me yaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,725
  • Dec 11, 2018 9:20am Dec 11, 2018 9:20am
Quoting Hickson
{quote} No trading today, but watching with interest.
i have been hanging around here all day,
in fact trying to help some one in here but getting no reply.
But what do you expect. lol

I also had a friend visit my home with his friend who is a/was a trader.
This friend was Saudi and he was trying to tell me how to trade lol.
He had lost £500 000 and stopped trading.lol.

I only said he was Saudi because the ones i know have no idea about money...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,726
  • Dec 11, 2018 9:20am Dec 11, 2018 9:20am
Quoting billytt
{quote} well it made + 20 (maybe more) i do not know the adr lol E/U is new to me yaaaaaaaaaaaay
Good thing about it is lower spread. Can save you a lot of money day trading. But it is a different animal. Often so choppy ...
Fix up, trade sharp ...
  • #36,727
  • Dec 11, 2018 9:22am Dec 11, 2018 9:22am
Quoting Hickson
{quote} Good thing about it is lower spread. Can save you a lot of money day trading. But it is a different animal. Often so choppy ...
it probably is, i do not know about E/U
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,728
  • Dec 11, 2018 9:30am Dec 11, 2018 9:30am
Quoting billytt
{quote} i have been hanging around here all day, in fact trying to help some one in here but getting no reply. But what do you expect. lol I also had a friend visit my home with his friend who is a/was a trader. This friend was Saudi and he was trying to tell me how to trade lol. He had lost £500 000 and stopped trading.lol. I only said he was Saudi because the ones i know have no idea about money...
Don't get me started about this country and the behaviour of its inhabitants lol

Quoting billytt
{quote} it probably is, i do not know about E/U
GBPUSD is easier for me. Eurusd is interesting, just moves in different ways.
Fix up, trade sharp ...
  • #36,729
  • Dec 11, 2018 10:18am Dec 11, 2018 10:18am
Cable...
i just deleted this post as i read it wrong lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,730
  • Dec 11, 2018 10:25am Dec 11, 2018 10:25am
Cable..
The 00-00 4 hour bar LOW did break, we did not get that bump, but who cares.
we got + 30 as posted AND i believe an extra 20. yaaaaaaaaaaaaaaaaaaaaaaaaaaay

that makes it an adr of 140. i was working off 120 adr.
I AM NOT TRADING
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,731
  • Dec 11, 2018 2:17pm Dec 11, 2018 2:17pm
i cannot believe it, but my gf worked all day on a garden (about 6 hours).
she said she didnt feel the cold...
She is out bow having a music lesson. (no darts tonight)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,732
  • Dec 11, 2018 3:11pm Dec 11, 2018 3:11pm
Quoting billytt
i cannot believe it, but my gf worked all day on a garden (about 6 hours). she said she didnt feel the cold... She is out bow having a music lesson. (no darts tonight)
Once you are used to being outside, you will not feel the cold, just focus on your passion, that is very true.
Fix up, trade sharp ...
  • #36,733
  • Dec 11, 2018 9:20pm Dec 11, 2018 9:20pm
Quoting billytt
... Daily & 4 hour ibs are good to trade off. An area of uncertainty waiting to be broken. Not 100% to win but good.. ...
Morning, Billy! Hope you are well.

Curious what else is out there important to know about inside bars? If nothing else, how does one hedge if the break goes the opposite way? Buying the opposite end would be quite expensive on H4 bars and extremely expensive on daily ones.
Buy low, sell high.
  • #36,734
  • Dec 12, 2018 1:23am Dec 12, 2018 1:23am
Quoting Hickson
{quote} Once you are used to being outside, you will not feel the cold, just focus on your passion, that is very true.
yes indeed. and she loves gardening too.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,735
  • Dec 12, 2018 1:36am Dec 12, 2018 1:36am
Quoting HappyMan
{quote} Morning, Billy! Hope you are well. Curious what else is out there important to know about inside bars? If nothing else, how does one hedge if the break goes the opposite way? Buying the opposite end would be quite expensive on H4 bars and extremely expensive on daily ones.
Hi, inside bars can signify a trend reversal.
i speak only of the Daily and/or 4 hour bar.

Good question.
we have good stats to say they will win.
A Daily ib you might need to use a stop.
a 4 hour ib will normally be a short range which can be traded ok.
I usually traded them aggressively, meaning i entered on the break of the actual ib NOT THE BIG MOTHER BAR.

I did use them at times when fixing a bad trade, but we had a other aids to help.

example.. 08-00 15 min bar fails, so we look at 04-00 /00-00 4 hour bars?
one of these might run into an ib trigger area.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,736
  • Dec 12, 2018 1:37am Dec 12, 2018 1:37am
t 07-36
Cable... 00-00 4 hour bar. The High was broken and just before the Low broke.
Will it keep going down or reverse to break High????

i am sure we will make some points on the drop.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,737
  • Dec 12, 2018 1:42am Dec 12, 2018 1:42am
Cable...
the next major Low is 12350 area.
something to aim for....

The adr of 120 ( i am not 100 % with that) should/can drop to 12400 today...

I have not looked at news etc...
i do not have my trade Pc to feed me any info so this is off memory lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,738
  • Dec 12, 2018 1:45am Dec 12, 2018 1:45am
Quoting HappyMan
{quote} Morning, Billy! Hope you are well. Curious what else is out there important to know about inside bars? If nothing else, how does one hedge if the break goes the opposite way? Buying the opposite end would be quite expensive on H4 bars and extremely expensive on daily ones.
the Cable 00-00 4 hour bar was an ib AND FAILED,, if you traded it aggressively it had approx 23/24 range .
The Low was ok.
we have a lot of info on google to help.....
i obviously traded using counters and this is difficult to explain at times because of other bars coming into play?
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,739
  • Dec 12, 2018 1:56am Dec 12, 2018 1:56am
gf is gardening again yaaaaaaaaaaaaaaaaaaaaaaay.
i actually might go and join her later. (might)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,740
  • Dec 12, 2018 2:28am Dec 12, 2018 2:28am
Cable...

08-00 15 minute bar break...
The High Broke + 5.

I DO NOT TRADE.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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