Billytt Die happy trading e/j daily breakout | Page 1881 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #37,601
  • Jan 8, 2019 7:06am Jan 8, 2019 7:06am
Quoting Hickson
{quote} Totally understand your point if it helps ... I actually look for pin bars a lot, so I guess it is kind of automatic already ...
I don't necessarily trade the pin bar as I don't look for them. But as I'm a seller by nature rather than a buyer I just like it when the arrow pops up and says down lol. Each to their own.
  • #37,602
  • Jan 8, 2019 7:12am Jan 8, 2019 7:12am
Quoting claudia1
{quote} I don't necessarily trade the pin bar as I don't look for them. But as I'm a seller by nature rather than a buyer I just like it when the arrow pops up and says down lol. Each to their own.
Yes, I look more for them in a sense that "yeah, my position looks right atm".
Fix up, trade sharp ...
  • #37,603
  • Jan 8, 2019 7:15am Jan 8, 2019 7:15am
Whatever you do, grass seems greener elsewhere ... chopped up on EU twice, then recovered with a good short for the losses ... meanwhile Cable cracking down effortlessly lol ...
Fix up, trade sharp ...
  • #37,604
  • Jan 8, 2019 7:16am Jan 8, 2019 7:16am
t 13-14
Cable. again today the 00-00 4 hour bar was a bit tricky to most observers.
It broke, retraced, retraced.
I would of had no problem with it.
Last week was really easy to understand with easy looking gains.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,605
  • Jan 8, 2019 7:17am Jan 8, 2019 7:17am
Quoting Hickson
Whatever you do, grass seems greener elsewhere ... chopped up on EU twice, then recovered with a good short for the losses ... meanwhile Cable cracking down effortlessly lol ...
Cable, is waiting to blow any time. Hopefully down.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,606
  • Jan 8, 2019 7:24am Jan 8, 2019 7:24am
[quote=billytt;11857911]t 13-14 Cable. again today the 00-00 4 hour bar was a bit tricky to most observers.

Mr Happy, actually anyone.
with this chasing the adr.
excluding today and yesterday.
we can trade the first break and the one i like best is to trade the second opposite end break.
WHY??? Because we have a range to chase.
Range might be 10/20/30/40 more the better.
AND WHAT CAN WE THEN DO.

WE CAN COMPOUND YAAAAAAAAAAAAAAAAAY.
so a 40 range can be turned into 80 with the mighty compound.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,607
  • Jan 8, 2019 7:25am Jan 8, 2019 7:25am
Quoting billytt
t 13-14 Cable. again today the 00-00 4 hour bar was a bit tricky to most observers. It broke, retraced, retraced. I would of had no problem with it. Last week was really easy to understand with easy looking gains.
Indeed. Here is a graph. The blue lines are the High and Low of the 00-00 H4.

On an importance list, where would you put the High/Low of the 04-00 H4 bar?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 295 KB
Buy low, sell high.
  • #37,608
  • Jan 8, 2019 7:28am Jan 8, 2019 7:28am
Quoting HappyMan
{quote} Indeed. Here is a graph. The blue lines are the High and Low of the 00-00 H4. On an importance list, where would you put the High/Low of the 04-00 H4 bar? {image}
i do not quite understand, sorry.
we have the break using actual precise numbers.
we can trade the first break no problem.
Like i just said But the second one is the biggest earner.
so in this case the most important is the second break..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,609
  • Jan 8, 2019 7:32am Jan 8, 2019 7:32am
t 13-31
Cable ,, a nice little move down to my first mini level at 12718 would be nice.
that is about 25/26 points away
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,610
  • Jan 8, 2019 7:33am Jan 8, 2019 7:33am
Quoting claudia1
{quote} I don't necessarily trade the pin bar as I don't look for them. But as I'm a seller by nature rather than a buyer I just like it when the arrow pops up and says down lol. Each to their own.
Btw, would this also be your setup? Chart is M1, marked the consolidation before the break ...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 29 KB
Fix up, trade sharp ...
  • #37,611
  • Jan 8, 2019 7:37am Jan 8, 2019 7:37am
Quoting Hickson
{quote} Btw, would this also be your setup? Chart is M1, marked the consolidation before the break ... {image}
yaaaaaaaaaaaaaaaay , that is good.
excellent if you are a scalper.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,612
  • Jan 8, 2019 7:37am Jan 8, 2019 7:37am
Quoting billytt
{quote} i do not quite understand, sorry. we have the break using actual precise numbers. we can trade the first break no problem. Like i just said But the second one is the biggest earner. so in this case the most important is the second break..
Could be the way the question is asked. Let me ask in a different way. When the High/Low of 04-00 H4 bar come into play? Only on the second break of 08-00 M15?
Buy low, sell high.
  • #37,613
  • Jan 8, 2019 7:38am Jan 8, 2019 7:38am
Quoting billytt
t 13-31 Cable ,, a nice little move down to my first mini level at 12718 would be nice. that is about 25/26 points away
Interesting! Did you enter at 12756?
Buy low, sell high.
  • #37,614
  • Jan 8, 2019 7:41am Jan 8, 2019 7:41am
Quoting billytt
{quote} yaaaaaaaaaaaaaaaay , that is good. excellent if you are a scalper.
Would not consider myself a scalper ... I usually go for at leat 15-20, when the market is really good 30-50. A scalper by my definition is someone hitting the bids and asks in the order book all day for one or two pips and that is something that totally would not fit me ... as in fishing, I like to wait for the prey to come and catch it at the right spot and time ...
Fix up, trade sharp ...
  • #37,615
  • Jan 8, 2019 7:50am Jan 8, 2019 7:50am
Quoting HappyMan
{quote} Interesting! Did you enter at 12756?
NO, but i would of.
i am not trading yet. i have retired lol...
Everything i say is what i would do....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,616
  • Jan 8, 2019 7:52am Jan 8, 2019 7:52am
Quoting Hickson
{quote} Would not consider myself a scalper ... I usually go for at leat 15-20, when the market is really good 30-50. A scalper by my definition is someone hitting the bids and asks in the order book all day for one or two pips and that is something that totally would not fit me ... as in fishing, I like to wait for the prey to come and catch it at the right spot and time ...
i didn't actually mean you H, lol.
I was told technically i am a scalper.....BUT I AM NOT..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,617
  • Jan 8, 2019 7:54am Jan 8, 2019 7:54am
Quoting Hickson
{quote} Btw, would this also be your setup? Chart is M1, marked the consolidation before the break ... {image}
That's my sort of thing but would prefer on 15 min.
  • #37,618
  • Jan 8, 2019 7:55am Jan 8, 2019 7:55am
Quoting billytt
{quote} NO, but i would of. i am not trading yet. i have retired lol... Everything i say is what i would do....
I figured ;-) It's all purely academic.

How did you choose the target level? That would be trading off the 00-00 H4 bar?

It's getting closer.
Buy low, sell high.
  • #37,619
  • Jan 8, 2019 7:55am Jan 8, 2019 7:55am
Quoting claudia1
{quote} That's my sort of thing but would prefer on 15 min.
So something like that?
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 21 KB
Fix up, trade sharp ...
  • #37,620
  • Jan 8, 2019 7:59am Jan 8, 2019 7:59am
Quoting HappyMan
{quote} I figured ;-) It's all purely academic. How did you choose the target level? That would be trading off the 00-00 H4 bar? It's getting closer.
if you mean that mini level area.
thousands of hours chart watching helps.
BUT, it still does not mean a thing.
We have a trigger, we have a range and hopefully it makes it.
If it retraces we then look at the other range. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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