Billytt Die happy trading e/j daily breakout | Page 1862 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #37,221
  • Dec 30, 2018 1:13pm Dec 30, 2018 1:13pm
Quoting Hickson
Sometimes we do not really like what happened in the past. However, good lesson to learn indeed ... https://www.youtube.com/watch?v=cmpRLQZkTb8
i love Oasis, i even looked after one of them a few years ago.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,222
  • Dec 30, 2018 1:14pm Dec 30, 2018 1:14pm
Quoting Hickson
End of the year, we need some more music ... I was listening to some classics today ... https://www.youtube.com/watch?v=HaC0s-FP-r4

here's another for the "air guitar" players

Inserted Video
every Saint has a past. Every Sinner has a Future
  • #37,223
  • Dec 30, 2018 1:43pm Dec 30, 2018 1:43pm
Quoting turnip15
{quote} here's another for the "air guitar" players https://www.youtube.com/watch?v=JRDgihVDEko
Ha! Listened to that one before as well today!
Fix up, trade sharp ...
  • #37,224
  • Dec 30, 2018 2:02pm Dec 30, 2018 2:02pm
Quoting HappyMan
{quote} Morning, Have been thinking about that trade. What gives an assurance that the price won't go against a trader who entered at the break of the low or retrace?

When Cable opens later we should have a gap.
It should close.
we have high odds of gaps closing..
then at midnight we can project the daily range as a rough guide.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,225
  • Dec 30, 2018 2:04pm Dec 30, 2018 2:04pm
Quoting billytt
{quote} When Cable opens later we should have a gap. It should close. we have high odds of gaps closing.. then at midnight we can project the daily range as a rough guide.
Yes. But we do not know when it will close. What we know is: Spread will probably be ridiculous ...
Fix up, trade sharp ...
  • #37,226
  • Dec 30, 2018 2:49pm Dec 30, 2018 2:49pm
Quoting Hickson
{quote} Yes. But we do not know when it will close. What we know is: Spread will probably be ridiculous ...
good point.
It is good for experience.
some may see a gap up and they think it will keep going.
spread yes indeed, maybe 5/10. it could be worth it if the gap is big enough.
I very rarely traded off a gap.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,227
  • Dec 30, 2018 2:59pm Dec 30, 2018 2:59pm
Quoting billytt
{quote} good point. It is good for experience. some may see a gap up and they think it will keep going. spread yes indeed, maybe 5/10. it could be worth it if the gap is big enough. I very rarely traded off a gap.
I tried some ideas for that. Seems to work going for the close with a sl like two times the gap and a small position. Does not happen often enough for my taste though and if it happens, you usually need to stay awake and wait for a normal spread ... all only for a potentially small profit long term which does not make up for the lost sleep ...
Fix up, trade sharp ...
  • #37,228
  • Dec 30, 2018 3:04pm Dec 30, 2018 3:04pm
Quoting Hickson
{quote} I tried some ideas for that. Seems to work going for the close with a sl like two times the gap and a small position. Does not happen often enough for my taste though and if it happens, you usually need to stay awake and wait for a normal spread ... all only for a potentially small profit long term which does not make up for the lost sleep ...

Cable opened with a modest 8 gap up and then filled. spread was 10 lol.

you see what i mean though.
If the gap is big it is worth it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,229
  • Dec 30, 2018 3:15pm Dec 30, 2018 3:15pm
Quoting billytt
{quote} Cable opened with a modest 8 gap up and then filled. spread was 10 lol. you see what i mean though. If the gap is big it is worth it.
From what I looked at it should be at least 30 with spread no more than 2. Then wait. There are much better systems out there though that have more than maybe 8-10 setups per year lol
Fix up, trade sharp ...
  • #37,230
  • Dec 30, 2018 3:26pm Dec 30, 2018 3:26pm
Goodnight guys ... off to bed, walking outside three hours today in the coldy suddenly makes me a bit tired ...
Fix up, trade sharp ...
  • #37,231
  • Dec 30, 2018 3:33pm Dec 30, 2018 3:33pm
Quoting Hickson
Goodnight guys ... off to bed, walking outside three hours today in the coldy suddenly makes me a bit tired ...

Take care bud, sleep tight.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,232
  • Dec 30, 2018 3:38pm Dec 30, 2018 3:38pm
Quoting billytt
{quote} Take care bud, sleep tight.
Thanks man, you too ... laters ...
Fix up, trade sharp ...
  • #37,233
  • Dec 30, 2018 5:12pm Dec 30, 2018 5:12pm
Here you go, H. You're right, a distinct lack of music recently.

Hope you enjoyed your sleep!

Anyway, it's Winter time - remember that year Carl Palmer nearly froze to death shooting a music video?

Inserted Video
  • #37,234
  • Dec 30, 2018 5:15pm Dec 30, 2018 5:15pm
Before I sign off - this is sublime...

Inserted Video
  • #37,235
  • Dec 30, 2018 5:15pm Dec 30, 2018 5:15pm
See you through the week, folks. I won't be trading but I'll drop by now and again.
  • #37,236
  • Dec 30, 2018 5:18pm Dec 30, 2018 5:18pm
catch you later Lem,
Take Care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,237
  • Edited 6:21pm Dec 30, 2018 6:10pm | Edited 6:21pm
t 00-05 uk time.

Cable. My average daily range for the past 5 days is 71 points.
DO NOT FORGET IT IS HOLIDAY TIME...
Attached Image (click to enlarge)
Click to Enlarge Name: 31st Dec adr A.PNG Size: 29 KB


Open at 12690... the adr High is 12761
adr Low is 12619.

we need a candle to trade off as the information above is no good yet.
Therefore i will use the 00-00 4 hour candle.
I will be back later . lol

edit... the XXXX are mini levels, and the 71 adr is shown

edit 2.. The mini levels are areas, not exact points ..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,238
  • Dec 30, 2018 10:13pm Dec 30, 2018 10:13pm
t 04-11
Cable
Attached Image (click to enlarge)
Click to Enlarge Name: cable 31st B.PNG Size: 32 KB

i have adjusted the High/Low adr range of 71.
the mini levels stay the same.

The 00-00 4 hour bar range was 10 lol, i would never ever of traded this.
But lets see what happens.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,239
  • Dec 30, 2018 10:16pm Dec 30, 2018 10:16pm
t 04-15
Cable .... if the 00-00 4 hour bar Low breaks we can look for a modest 30 points.

DON'T FORGET,, IT IS HOLIDAY
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,240
  • Dec 30, 2018 11:00pm Dec 30, 2018 11:00pm
t 04-59

Cable, 10 range and it has not broken yet lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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