Billytt Die happy trading e/j daily breakout | Page 1876 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #37,501
  • Jan 7, 2019 3:01am Jan 7, 2019 3:01am
Quoting HappyMan
Actually, maybe you guys and gals can help me figure out how to calculate profits and losses. Shorted at 1.27343. T/P at 1.27277. Profit shows 66 points. That's 6 pips?
Yep.

2734 - 2727 basically.
  • #37,502
  • Jan 7, 2019 3:04am Jan 7, 2019 3:04am
Quoting HappyMan
Actually, maybe you guys and gals can help me figure out how to calculate profits and losses. Shorted at 1.27343. T/P at 1.27277. Profit shows 66 points. That's 6 pips?
Not sure what you are asking here but yes that is appx 6 pips .
  • #37,503
  • Jan 7, 2019 3:04am Jan 7, 2019 3:04am
Quoting Pipradar
Took Cable short on Micro break +9 points fast in and out,, exit just above the 50 fib there was a lot more in the tank but the spread is all over the place so a bit of a barn storm to be honest. L.O.L. all done for the day happy. {image}
That'll be right!

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  • #37,504
  • Jan 7, 2019 3:13am Jan 7, 2019 3:13am
Quoting lemercenaire
{quote} That'll be right! {image}
L.O.L. Ya gotta love it though. Wide awake now.
  • #37,505
  • Jan 7, 2019 3:18am Jan 7, 2019 3:18am
Chopped up in the false break ... looks really strange atm, like it is real and fast, then suddenly out of nowhere it turns around ... very hard to trade like that, hope it will get easier again ...
Fix up, trade sharp ...
  • #37,506
  • Jan 7, 2019 3:29am Jan 7, 2019 3:29am
Quoting Hickson
{quote} I see, so basically from one support/resistance that has most demand or supply to another one. Need a hefty bank to capitalise on swaps for sure ...
Pretty much.

Software would identify high volume churn and that was a trigger we used alongside dark pool liquidity.

It was like jumping from stone-to-stone on a river crossing.

We would never trade negative swap pairs on long term contracts.
  • #37,507
  • Jan 7, 2019 3:39am Jan 7, 2019 3:39am
Quoting Hickson
Chopped up in the false break ... looks really strange atm, like it is real and fast, then suddenly out of nowhere it turns around ... very hard to trade like that, hope it will get easier again ...
And another one chopped up on false EURUSD break ... looks like that's it with the max daily loss limit reached ... need to figure out what I can do better to still turn a profit in this craziness ...
Fix up, trade sharp ...
  • #37,508
  • Jan 7, 2019 4:34am Jan 7, 2019 4:34am
Quoting Hickson
{quote} And another one chopped up on false EURUSD break ... looks like that's it with the max daily loss limit reached ... need to figure out what I can do better to still turn a profit in this craziness ...
False break ? still on buy dips mode ... still above friday high
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trying to make everyday the best risk/reward decisions possible
  • #37,509
  • Jan 7, 2019 4:36am Jan 7, 2019 4:36am
Quoting slowbrain
{quote} False break ? still on buy dips mode ... still above friday high {image}
Hi, I mean the break of 1.1445. Bought it and immediately looked like piker trade. As you said, market is in retest mode, not in break out mode, that was the problem ...
Fix up, trade sharp ...
  • #37,510
  • Jan 7, 2019 4:43am Jan 7, 2019 4:43am
Quoting Hickson
{quote} Hi, I mean the break of 1.1445. Bought it and immediately looked like piker trade. As you said, market is in retest mode, not in break out mode, that was the problem ...
EURUSD i look at X.XX45 and X.XX85 levels
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trying to make everyday the best risk/reward decisions possible
  • #37,511
  • Jan 7, 2019 4:43am Jan 7, 2019 4:43am
Dax been downhill for a while now - Did Lem put on a huge short ?
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every Saint has a past. Every Sinner has a Future
  • #37,512
  • Jan 7, 2019 5:02am Jan 7, 2019 5:02am
The break of the 08-00 15 minute bar was good,

BUT the 00-00 4 hour bar break was up and down.
I am glad this has happened as you will realise everything is not that easy.
ADR range at 11-00 is High 12872 and Low is 12613.

If i were trading i would be countering at - 21 each counter.

we still could of made points but i am primarily looking for the adr.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,513
  • Jan 7, 2019 5:06am Jan 7, 2019 5:06am
Quoting HappyMan
{quote} That is one huge bar today! 20 pips.
a nice range to play with...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,514
  • Jan 7, 2019 6:27am Jan 7, 2019 6:27am
Quoting turnip15
Dax been downhill for a while now - Did Lem put on a huge short ? {image}
Doesn't look like it's going to get all the way back to the 50.

DAX H1
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  • #37,515
  • Jan 7, 2019 6:31am Jan 7, 2019 6:31am
m5 / m3 charts giving hints about a turn, Pips.
  • #37,516
  • Jan 7, 2019 6:33am Jan 7, 2019 6:33am
Quoting lemercenaire
m5 / m3 charts giving hints about a turn, Pips.
Needs to break and stay above the 50 on m3 for me.
  • #37,517
  • Jan 7, 2019 6:35am Jan 7, 2019 6:35am
[quote=lemercenaire;11853128]{quote} Needs to break and stay above the 50 on m3 for me.[/quote]

m3

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  • #37,518
  • Jan 7, 2019 8:49am Jan 7, 2019 8:49am
Cable. still less than a 70 daily range.....

Today is a day i was hoping for. we had a high break then a low and up again to break high.
It happens, just counter OR use a stop.
using a stop you would be minus 42 but having said that, some guys with decent stops would ok.

Maybe minus 42, but lots of pips would of been made already....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,519
  • Jan 7, 2019 8:51am Jan 7, 2019 8:51am
Quoting billytt
Cable. still less than a 70 daily range..... Today is a day i was hoping for. we had a high break then a low and up again to break high. It happens, just counter OR use a stop. using a stop you would be minus 42 but having said that, some guys with decent stops would ok. Maybe minus 42, but lots of pips would of been made already....
Had two losses on the breaks ... then recovery with the long from monthly open 1.2738. EURUSD long put me slightly in the green again ... but man, I had less stressful days trading, it certainly is pretty crazy atm ...
Fix up, trade sharp ...
  • #37,520
  • Jan 7, 2019 9:01am Jan 7, 2019 9:01am
Quoting Hickson
{quote} Had two losses on the breaks ... then recovery with the long from monthly open 1.2738. EURUSD long put me slightly in the green again ... but man, I had less stressful days trading, it certainly is pretty crazy atm ...
Claudia was right ... skip on Cable until Brexit craziness gets a bit lighter ... EURUSD saved my ass on high liquidity trading ...
Fix up, trade sharp ...
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