Billytt Die happy trading e/j daily breakout | Page 1918 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #38,341
  • Jan 16, 2019 10:57pm Jan 16, 2019 10:57pm
t 04-55 eeeeeeeeeeeeegh
Cable 00-00 4 hour bar.
High = 12888 & Low 12867.

adr high = 12999 & adr low 12756.
we have a 00 .

mini level; high =12900 area & low = 12840 area.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,342
  • Jan 16, 2019 10:59pm Jan 16, 2019 10:59pm
Cable, 00-00 low has been broken.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,343
  • Jan 16, 2019 11:09pm Jan 16, 2019 11:09pm
Mr Happy is up early.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,344
  • Jan 16, 2019 11:13pm Jan 16, 2019 11:13pm
Quoting billytt
t 04-55 eeeeeeeeeeeeegh Cable 00-00 4 hour bar. High = 12888 & Low 12867. adr high = 12999 & adr low 12756. we have a 00 . mini level; high =12900 area & low = 12840 area.
Morning, sir Billy!

Thinking about the mini-lelvels, are these the levels where the price stumbled/reversed during the previous day? What is your definition?

Quoting billytt
Mr Happy is up early.
I am a few hours ahead of London. But you still may need a couple hours of z's ;-)
Buy low, sell high.
  • #38,345
  • Jan 16, 2019 11:17pm Jan 16, 2019 11:17pm
Quoting HappyMan
{quote} Morning, sir Billy! Thinking about the mini-lelvels, are these the levels where the price stumbled/reversed during the previous day? What is your definition?
put a 15 minute cable chart up, and look along the 12900 area.
look back to tue 15th and monday 14th. this was a resistance area ( not a major one)
But we had movement there then a stop,
This is what i call a mini level.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,346
  • Jan 17, 2019 12:47am Jan 17, 2019 12:47am
Quoting billytt
{quote} it is a monster of a bar . i probably would not of traded it...
Sir Billy,

Let's talk about the size of 08-00 M15 bar. 40 pips bar is too big. Which value is too small? Is there a fork of a tradable bar? If I were to venture a guess, I'd say 15-30. What would you say?
Buy low, sell high.
  • #38,347
  • Jan 17, 2019 1:09am Jan 17, 2019 1:09am
t 07-05
Cable chart, copied a few minutes ago.
Attached Image (click to enlarge)
Click to Enlarge Name: gu mini 17rh A.PNG Size: 23 KB


H & L = high/low of adr at 04-00.

Mini levels of which i spoke about earlier.

we had mini resistance/support area, ( blue line).
This is something to aim for, bots do it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,348
  • Jan 17, 2019 1:10am Jan 17, 2019 1:10am
Quoting HappyMan
{quote} Sir Billy, Let's talk about the size of 08-00 M15 bar. 40 pips bar is too big. Which value is too small? Is there a fork of a tradable bar? If I were to venture a guess, I'd say 15-30. What would you say?
too small is 1-2-3-4-5-6-7- a 15 /20 range is good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,349
  • Jan 17, 2019 1:19am Jan 17, 2019 1:19am
t 07-18.
Cable at 07-00 .
adr high is now 12993 aand low still the same at 12756
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #38,350
  • Jan 17, 2019 2:31am Jan 17, 2019 2:31am
'Morning all.

Nothing for me this morning, not that there wasn't anything set up, just that I have no idea, as I haven't checked! I got distracted elsewhere, lol.

Oh well, better go see what's what.

Brew first, though .
  • #38,351
  • Jan 17, 2019 3:22am Jan 17, 2019 3:22am
Killing ground...

EU t-90 Chart

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-01-17 at 09.19.20 - Edited.png Size: 60 KB
  • #38,352
  • Edited 4:18am Jan 17, 2019 3:58am | Edited 4:18am
E/U

1. london open back to pivot : done
2. london open back to daily open : done
3. reversal at 9:30 : done

edit: it was a high probability to go back to pivot today because yesterday was a missed pivots day

Yellow line : open daily
red line : Frankfurt open
Light blue : London open
Magenta line : NY open
Dark blue : PP daily
Attached Image (click to enlarge)
Click to Enlarge Name: Annotation 2019-01-17 111634.jpg Size: 66 KB
trying to make everyday the best risk/reward decisions possible
  • #38,353
  • Jan 17, 2019 4:00am Jan 17, 2019 4:00am
Quoting lemercenaire
Killing ground... EU t-90 Chart {image}
Itchy coo chart :-)
every Saint has a past. Every Sinner has a Future
  • #38,354
  • Jan 17, 2019 5:33am Jan 17, 2019 5:33am
Caught a spike ... back to BE from yesterday's crap ...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 24 KB
Fix up, trade sharp ...
  • #38,355
  • Jan 17, 2019 6:10am Jan 17, 2019 6:10am
Now we need a retracement down during lunch time to keep up trend clean ... if not will start to look for short when trigger appear on chart
trying to make everyday the best risk/reward decisions possible
  • #38,356
  • Jan 17, 2019 6:12am Jan 17, 2019 6:12am
Quoting slowbrain
Now we need a retracement down during lunch time to keep up trend clean ... if not will start to look for short when trigger appear on chart
Congrats, SB. That looks like a solid, consistent, method stable you have built there. I know you took a while getting it together into something that works for you and I think the time spent was worth it!
  • #38,357
  • Jan 17, 2019 6:36am Jan 17, 2019 6:36am
Quoting slowbrain
Now we need a retracement down during lunch time to keep up trend clean ... if not will start to look for short when trigger appear on chart
This makes a lot of sense and makes it a lot easier to understand EU's moves. Thanks for laying it bare here.
  • #38,358
  • Jan 17, 2019 6:39am Jan 17, 2019 6:39am
Quoting slowbrain
Now we need a retracement down during lunch time to keep up trend clean ... if not will start to look for short when trigger appear on chart
No retrace ... why did I take profit early? Oh yes, because it was considered a huge move already for this choppy market ...
Fix up, trade sharp ...
  • #38,359
  • Jan 17, 2019 6:42am Jan 17, 2019 6:42am
Quoting Mitiblotch
{quote} This makes a lot of sense and makes it a lot easier to understand EU's moves. Thanks for laying it bare here.
My observation is that London boys and NY boys seldom buy highs or sell lows ... and when they do it its really strong trending days ....

In fact they often pull the rubber band before market opens in opposite direction first

edit: this morning we print the daily low few minutes before london open ... i always look at the frankfurt move to decide the direction of my morning trades (8 to 11 max with a careful look at 9:30 to avoid reversal)
trying to make everyday the best risk/reward decisions possible
  • #38,360
  • Jan 17, 2019 6:55am Jan 17, 2019 6:55am
Quoting slowbrain
{quote} My observation is that London boys and NY boys seldom buy highs or sell lows ... and when they do it its really strong trending days .... In fact they often pull the rubber band before market opens in opposite direction first edit: this morning we print the daily low few minutes before london open ... i always look at the frankfurt move to decide the direction of my morning trades (8 to 11 max with a careful look at 9:30 to avoid reversal)
Yes. I'm aware of the bolded. Let's see how N.Y. plays it. My bet is they take it down for a proper short or for some retracement.
10 traders viewing now