Billytt Die happy trading e/j daily breakout | Page 1907 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #38,121
  • Jan 15, 2019 4:36am Jan 15, 2019 4:36am
I hate waiting...I really hate waiting. Not for a trade - I can wait till the cows come home for that - but for workies to turn up and do their thing.

YouTube helps .

Little Feat and Rock 'n Roll Doctor on just now...uh huh...
  • #38,122
  • Jan 15, 2019 4:41am Jan 15, 2019 4:41am
Here's one I didn't do earlier. The Dax.
I was concentrating on E/J since I liked it's prior 8 am levels line up. And waited. Then took the first short and concentrated on that pair until 10 am.
Thus I wasn't looking at Dax as frequently as some here might and missed any trades that crossed my previous left hand side level prior to 8am. Other lines after 8 am merely show how I use left hand prior levels as price moves right wards. What I did notice was that price often bounces back to a prior level ( shorts for example) then continue down after a bounce ( or near bounce) off that prior level. All this is negated if price is manic at 8 am - thus if one was solely trading Dax you would have to wait for the dust to settle or immediately seek calmer waters like a favourite Forex pair. Wick Zones etc are not forgotten, but if I use them to locate a vehicle to trade I immediately drop down to the above chart format to manage a trade. Just a few thoughts. Now off to finish painting the kitchen.
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every Saint has a past. Every Sinner has a Future
  • #38,123
  • Jan 15, 2019 4:51am Jan 15, 2019 4:51am
Quoting turnip15
Here's one I didn't do earlier. The Dax. I was concentrating on E/J since I liked it's prior 8 am levels line up. And waited. Then took the first short and concentrated on that pair until 10 am. Thus I wasn't looking at Dax as frequently as some here might and missed any trades that crossed my previous left hand side level prior to 8am. Other lines after 8 am merely show how I use left hand prior levels as price moves right wards. What I did notice was that price often bounces back to a prior level ( shorts for example) then continue down after...
Mrs T choose the kitchen colour by any chance ?
  • #38,124
  • Jan 15, 2019 4:55am Jan 15, 2019 4:55am
@Lem -AN consolidating on 4h holding support still. Never trade this thing before but ...
  • #38,125
  • Jan 15, 2019 5:23am Jan 15, 2019 5:23am
Quoting claudia1
@Lem -AN consolidating on 4h holding support still. Never trade this thing before but ...
I had some success with AN last year. It loves to range on H4 for months.
Fix up, trade sharp ...
  • #38,126
  • Jan 15, 2019 5:48am Jan 15, 2019 5:48am
Quoting claudia1
{quote} Mrs T choose the kitchen colour by any chance ?
Of course - I just wield the paint brush
every Saint has a past. Every Sinner has a Future
  • #38,127
  • Jan 15, 2019 6:24am Jan 15, 2019 6:24am
[quote=Hickson;11884881]{quote} I had some success with AN last year. It loves to range on H4 for months.[/quote]

I used to love it for perfect H4 HOLO set ups for precisely that reason.

Now you've reminded me, I may have to revisit that!
  • #38,128
  • Jan 15, 2019 6:29am Jan 15, 2019 6:29am
[quote=claudia1;11884755]@Lem -AN consolidating on 4h holding support still. Never trade this thing before but ...[/quote]

Looking at it on the H1, it must have some size of headache from banging its head off that pivot!

I've been playing with AU on T90 tick charts while my gas-dude does his thing. Good, clean, fun
  • #38,129
  • Jan 15, 2019 6:44am Jan 15, 2019 6:44am
Cable - this is being run in to the 2800 area or below with tonight's vote in mind. Then watch it fly north.

Adjusting orders it should be fun.
  • #38,130
  • Jan 15, 2019 7:47am Jan 15, 2019 7:47am
Right, stuff that - let's have a riot!

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  • #38,131
  • Jan 15, 2019 7:55am Jan 15, 2019 7:55am
Early for songs but how about some 70's
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  • #38,132
  • Jan 15, 2019 8:53am Jan 15, 2019 8:53am
Stormy day at the lake today ... a prelude to the markets? Got my usual baitfish out there in the waves ... Suddenly a run ... Oh nice in that cold weather, probably another pike? No ... a big pike-perch (Zander in german) came out to treat us for dinner. It is frequently seen on menus of nice restaurants for a reason ... I'll take that over industrial meat on any given day.
Fix up, trade sharp ...
  • #38,133
  • Jan 15, 2019 9:00am Jan 15, 2019 9:00am
Quoting Hickson
Stormy day at the lake today ... a prelude to the markets? Got my usual baitfish out there in the waves ... Suddenly a run ... Oh nice in that cold weather, probably another pike? No ... a big pike-perch (Zander in german) came out to treat us for dinner. It is frequently seen on menus of nice restaurants for a reason ... I'll take that over industrial meat on any given day.
Nice! Any of Sacher cake or Sauerkraut all around?
Buy low, sell high.
  • #38,134
  • Jan 15, 2019 9:03am Jan 15, 2019 9:03am
Quoting HappyMan
{quote} Nice! Any of Sacher cake or Sauerkraut all around?
Nah, that does not fit with this tender white meat fish. I cut filet and will fry it in butter on low heat. Side dish is potatoes and salad.
Fix up, trade sharp ...
  • #38,135
  • Jan 15, 2019 9:33am Jan 15, 2019 9:33am
t 15-30
Hi all, i am here but have been smashing concrete up.
a quick update.
Cable... 08-00 15 min bar break, low broke for +++

The 00-00 4 hour bar.... The High Broke and then retraced down,
THIS IS THE IDEAL SCENARIO.
Like i say , with the first break we have an idea where it might go. (Might)
#But if it retraces back, it is then easier and also have better stats to hit the adr, or move close to it.
Catch you later
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,136
  • Jan 15, 2019 9:35am Jan 15, 2019 9:35am
Quoting billytt
t 15-30 Hi all, i am here but have been smashing concrete up. a quick update. Cable... 08-00 15 min bar break, low broke for +++ The 00-00 4 hour bar.... The High Broke and then retraced down, THIS IS THE IDEAL SCENARIO. Like i say , with the first break we have an idea where it might go. (Might) #But if it retracesback, it is then easier and also have better stats to hit the adr, or move close to it. Catch you later
I am getting some ideas here ... maybe this is something to put into a "normal" strategy with sl and target ... the main question is, if it would need constant nursing once the trade is opened, so far it looks like that ...
Fix up, trade sharp ...
  • #38,137
  • Jan 15, 2019 9:37am Jan 15, 2019 9:37am
Quoting Hickson
{quote} Nah, that does not fit with this tender white meat fish. I cut filet and will fry it in butter on low heat. Side dish is potatoes and salad.
If you ever have too much or need a good company, just let me know ... ;-)
Buy low, sell high.
  • #38,138
  • Jan 15, 2019 9:39am Jan 15, 2019 9:39am
Quoting billytt
t 15-30 Hi all, i am here but have been smashing concrete up. a quick update. Cable... 08-00 15 min bar break, low broke for +++ The 00-00 4 hour bar.... The High Broke and then retraced down, THIS IS THE IDEAL SCENARIO. Like i say , with the first break we have an idea where it might go. (Might) #But if it retraces back, it is then easier and also have better stats to hit the adr, or move close to it. Catch you later {image}
Good to know! So, it was a break, which led to hitting ADR. It was hit in my book. Thank you!
Buy low, sell high.
  • #38,139
  • Jan 15, 2019 9:43am Jan 15, 2019 9:43am
Quoting Hickson
{quote} I am getting some ideas here ... maybe this is something to put into a "normal" strategy with sl and target ... the main question is, if it would need constant nursing once the trade is opened, so far it looks like that ...
Look how the Low of 00-00 H4 served as resistance and each retrace to it was an opportunity to short.
Buy low, sell high.
  • #38,140
  • Edited 10:53am Jan 15, 2019 9:45am | Edited 10:53am
Quoting claudia1
Cable - this is being run in to the 2800 area or below with tonight's vote in mind. Then watch it fly north. Adjusting orders it should be fun.
Close enough
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