Billytt Die happy trading e/j daily breakout | Page 1883 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #37,641
  • Jan 8, 2019 12:25pm Jan 8, 2019 12:25pm
I believe Mr Trump speaks in the morning 02-00 UK time....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,642
  • Jan 8, 2019 12:32pm Jan 8, 2019 12:32pm
t 20-31 Tue.

Cable.
chart showing mini levels.
Attached Image (click to enlarge)
Click to Enlarge Name: gu A.PNG Size: 26 KB


forget the thick black lines which are todays adr High/Low.
i will adjust later
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,643
  • Jan 8, 2019 12:42pm Jan 8, 2019 12:42pm
Quoting billytt
I believe Mr Trump speaks in the morning 02-00 UK time....
Cool ... is there some Cocktail Party at a strip club where his excellence will speak some wise words like: "I would rape her cause she is a cheap whore yada yada."

Or actually something regarding serious business?
Fix up, trade sharp ...
  • #37,644
  • Jan 8, 2019 12:43pm Jan 8, 2019 12:43pm
Quoting Hickson
{quote} Cool ... is there some Cocktail Party at a strip club where his excellence will speak some wise words like: "I would rape her cause she is a cheap whore yada yada." Or actually something regarding serious business?
lol, maybe both and less of his wife
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,645
  • Jan 8, 2019 12:48pm Jan 8, 2019 12:48pm
Quoting billytt
{quote} lol, maybe both and less of his wife
With that being said ... cable is the bitch that can rape you every day if you let her ... some technical analysis pearls out of nowhere ... the clown was tasty lol, off to bed be good.
Fix up, trade sharp ...
  • #37,646
  • Jan 8, 2019 12:49pm Jan 8, 2019 12:49pm
Quoting Hickson
{quote} With that being said ... cable is the bitch that can rape you every day if you let her ... some technical analysis pearls out of nowhere ... the clown was tasty lol, off to bed be good.
see ya bud, look after your self.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,647
  • Jan 8, 2019 12:51pm Jan 8, 2019 12:51pm
gf spent a few hours chopping down bamboo plants earlier and now she has gone out playing darts lol.
i am going to wash the dishes yaaaaaaaay...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,648
  • Jan 8, 2019 1:16pm Jan 8, 2019 1:16pm
Quoting turnip15
{quote} Just noticed this....... E/J......compared to Dow above........follow the leader - same chart pattern......who follows whom ? {image}
It's the JPY part of the pair that is tied.

Just 'coz it's you

https://www.myfxbook.com/en/forex-ma...elation/EURJPY

https://www.fxstreet.com/news/usd-jp...h-201708291530
  • #37,649
  • Jan 8, 2019 1:18pm Jan 8, 2019 1:18pm
Quoting turnip15
I missed out on two shorts ( one win and one loss) - sat staring at the screen and was too late. Rubbish day so might quit before I do something daft and lose money needlessly. Bother etc.. {image}
Just looked at my chart again. And remembered my attack of "Rabbit in headlights" mode !!

The only trade of the day I was going to take but never did - afternoon wasted -oh well.
Attached Image
every Saint has a past. Every Sinner has a Future
  • #37,650
  • Jan 8, 2019 1:21pm Jan 8, 2019 1:21pm
Quoting Pipradar
Well played Lem, Nice trades. ....Erm Erm, I said I was done for the week earlier this morning erm I lied L.O.L. Had to have a go,,, saw the Monster Stalling at the H1 Sup and a 50 fib RETRACE Entered short and yaaaaaay caught the momentum by the tail and out for + 19 today has defo been my day yaaaaaaaay, I need a lie down erm no I need a cuppa first. Green to all and watch them spreads. {image} {image}
I dunno'...can't see green cheese
  • #37,651
  • Jan 8, 2019 1:26pm Jan 8, 2019 1:26pm
Quoting billytt
I believe Mr Trump speaks in the morning 02-00 UK time....
9 pm Eastern, Billy. So yes, 2 in the morning UK.

It'll be a fiery 8 mins, followed by Dumb and Dumber speaking after. (Sorry, no politics).
  • #37,652
  • Jan 8, 2019 1:35pm Jan 8, 2019 1:35pm
Quoting turnip15
{quote} Just looked at my chart again. And remembered my attack of "Rabbit in headlights" mode !! The only trade of the day I was going to take but never did - afternoon wasted -oh well. {image}
On a serious side and most certainly can be looked at in connection to our book choice, The Hour Between Dog and Wolf, what actually happened? Paralysis through analysis?

Fear of failure? Fear of success? (Yep, that's a thing).

Everybody misses an entry now and again - you shrug it off - but if this is something more...

It may help to verbalize what went on. Yes? No?

Feel free to tell me to mind my own sodding business - no offence will be taken.
  • #37,653
  • Jan 8, 2019 1:57pm Jan 8, 2019 1:57pm
Quoting lemercenaire
{quote} On a serious side and most certainly can be looked at in connection to our book choice, The Hour Between Dog and Wolf, what actually happened? Paralysis through analysis? Fear of failure? Fear of success? (Yep, that's a thing). Everybody misses an entry now and again - you shrug it off - but if this is something more... It may help to verbalize what went on. Yes? No? Feel free to tell me to mind my own sodding business - no offence will be taken.
Too much analysis -seeing the first failure and fearing a second - instead of executing the trade(s) when presented.

No offence taken Lem.

Been a long day -up early -into town with Mrs T and ordered a new car - afternoon wasted through trade procrastination - but swigging some of my Christmas Gin and Tonic has settled my mind for the morrow.
Goodnight all
Attached Image
every Saint has a past. Every Sinner has a Future
  • #37,654
  • Jan 8, 2019 2:36pm Jan 8, 2019 2:36pm
Quoting turnip15
{quote} Too much analysis -seeing the first failure and fearing a second - instead of executing the trade(s) when presented. No offence taken Lem. Been a long day -up early -into town with Mrs T and ordered a new car - afternoon wasted through trade procrastination - but swigging some of my Christmas Gin and Tonic has settled my mind for the morrow. Goodnight all {image}
When I started out on this journey, my main issue was always paralysis through analysis. Or I had to test, test and then test some more.

I was completely aware of this behaviour and had convinced myself that it was probably down to fear of failure.

It was my fund trader brother who told me that that was complete boolux and that it was in fact fear of success. Once I'd figured out what that actually was (Google is your friend ) then it was like a light bulb going off.

Bear in mind that I had already had a successful period in pro-sports, so I just couldn't get my head around how this could be the case. My self-esteem was at an all-time high. I had a lovely new house in the country and a genuinely gorgeous girlfriend. Fear of success?

You know what? He was absolutely right.

I am not going to bang on in any more detail. There are numerous scholarly articles on how you can have one and not the other (high self-esteem but low self-confidence and vice-versa). They're there for those who have an interest.

There are always reasons behind these kind of ''brain-freeze'' moments, just as there are always ways to deal with them so they don't happen again.

Deep breath, buddy and take advantage of the team here. We're all in this game together.
  • #37,655
  • Jan 8, 2019 3:01pm Jan 8, 2019 3:01pm
Something for the Watch-List.

UJ (H1) looks set to close over the 50% and if it holds through Asia then could be an opportunity to jump onto a pullback going into the UK Open or even later in the day.

POTUS speaking could move things around though, so at the very least I'd be making sure that I wasn't involved until after that has settled.
  • #37,656
  • Jan 8, 2019 3:44pm Jan 8, 2019 3:44pm
Quoting lemercenaire
Something for the Watch-List. UJ (H1) looks set to close over the 50% and if it holds through Asia then could be an opportunity to jump onto a pullback going into the UK Open or even later in the day. POTUS speaking could move things around though, so at the very least I'd be making sure that I wasn't involved until after that has settled.
Donald shouldn't cause too much trouble he's just out to annoy the Chinese at the moment.

Brexit more fun. Got an idea or two how to trade GBP over the next week or so as there will surely be some big moves. Will post tomorrow.
  • #37,657
  • Edited 4:24pm Jan 8, 2019 3:56pm | Edited 4:24pm
@ Billy - now there's a guy with a 356.

Edit: maybe T in new car ...
Attached Image
  • #37,658
  • Jan 8, 2019 6:17pm Jan 8, 2019 6:17pm
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.
Hi Billy, you say you would have had no problems with this, can you explain how you would have traded it? Say you traded the first break at a size of 1, it retraces and you counter at the other end and open another trade (what size?).

It retraces again, you counter again and open another trade(what size?).

You now have 3 trades at +0 -30 +0 and 2 counters at -30 +0 = -60 (more if size was increased)

You wait until you hit +5% total or modest daily range. Is this correct? And could you please explain how you would increase lot size?
  • #37,659
  • Jan 8, 2019 9:07pm Jan 8, 2019 9:07pm
Quoting lemercenaire
{quote} When I started out on this journey, my main issue was always paralysis through analysis. Or I had to test, test and then test some more. I was completely aware of this behaviour and had convinced myself that it was probably down to fear of failure. It was my fund trader brother who told me that that was complete boolux and that it was in fact fear of success. Once I'd figured out what that actually was (Google is your friend ) then it was like a light bulb going off. Bear in mind that I had already had a successful...
Fear of success is actually a very real thing, and it usually goes unnoticed because the general reasoning is "what? who would be afraid of success? duh", and it's a real barrier for some people.

Good post Lem.
  • #37,660
  • Jan 8, 2019 10:40pm Jan 8, 2019 10:40pm
morning t 06-37.

Cable ....00-00 4 hour bar .. range is 19.
The adr of 152 (my calculation) High = 12882 & Low 12597.

As the high and Low of the day moves so too will the adr until hopefully it is met.
Like yesterday i would use a conservative/modest range, lets say 100/110.
i said this yesterday and yesterday's range was 91.

i am still waiting for it to blow yaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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