Billytt Die happy trading e/j daily breakout | Page 1957 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #39,121
  • Feb 7, 2019 7:23am Feb 7, 2019 7:23am
What a frustrating day. Trying to find insurance for old gits. Funeral plans are a rip off, as are over 50 plans. Seems, if you are healthy then normal insurance is cheaper and pays out more per pound spent. Mrs T is delighted.
Insurance -some are rubbish plans to trap the unwary or those that are risky medically !?
Nope -not looked at charts all day.
every Saint has a past. Every Sinner has a Future
  • #39,122
  • Feb 7, 2019 8:38am Feb 7, 2019 8:38am
Looks like The DAX would have been as smooth as silk for most of the day. Easy pickings...dayuuuuummm!!!! The worst part actually being around our usual Open hot-spot.

Oh well, what can you do...

Attached Image
  • #39,123
  • Feb 7, 2019 8:39am Feb 7, 2019 8:39am
Quoting turnip15
What a frustrating day. Trying to find insurance for old gits. Funeral plans are a rip off, as are over 50 plans. Seems, if you are healthy then normal insurance is cheaper and pays out more per pound spent. Mrs T is delighted. Insurance -some are rubbish plans to trap the unwary or those that are risky medically !? Nope -not looked at charts all day.
I came to the conclusion long ago that life in general is a major pain in the butt!
  • #39,124
  • Feb 7, 2019 8:43am Feb 7, 2019 8:43am
Quoting lemercenaire
{quote} I came to the conclusion long ago that life in general is a major pain in the butt!
As the Buddhists say, all life is suffering. And that is true. We can only work on reducing the suffering!
Fix up, trade sharp ...
  • #39,125
  • Feb 7, 2019 9:05am Feb 7, 2019 9:05am
Quoting lemercenaire
Looks like The DAX would have been as smooth as silk for most of the day. Easy pickings...dayuuuuummm!!!! The worst part actually being around our usual Open hot-spot. Oh well, what can you do... {image}
Lem - agreed.
IF I had traded today then my Dax slot of 8 am to 10 am would have been poor, albeit the afternoon Dow would have compensated. But since I traded neither then one feels thwarted. ( Kin insurance companies - day wasted researching them)
And look at Russell index.
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every Saint has a past. Every Sinner has a Future
  • #39,126
  • Feb 7, 2019 10:09am Feb 7, 2019 10:09am
[quote=Hickson;11976144]{quote} As the Buddhists say, all life is suffering. And that is true. We can only work on reducing the suffering![/quote]

I like the Russian way of looking at life:

''Life is hard...and then you die.''

(Except they don't say ''hard''. )
  • #39,127
  • Feb 7, 2019 10:32am Feb 7, 2019 10:32am
Quoting lemercenaire
{quote} As the Buddhists say, all life is suffering. And that is true. We can only work on reducing the suffering! I like the Russian way of looking at life: ''Life is hard...and then you die.'' (Except they don't say ''hard''. )
Donald agrees ...
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  • #39,128
  • Feb 7, 2019 11:32am Feb 7, 2019 11:32am
Economics - summarizes all the reasons why economics is mostly bunk. Social convention is what really moves economies and economic theories are attempts to rationalize things after the fact.
watch
every Saint has a past. Every Sinner has a Future
  • #39,129
  • Feb 7, 2019 12:05pm Feb 7, 2019 12:05pm
Weekend reading- Growing bank assets = growing customer debt ( or one mans' debt is another mans' asset) - hopefully the customer(s) don't default.
And misunderstanding the 1970's - Interest rates over the very long term ( chart allegedly leaked in Japan media - 12:21 )
Plus resulting growth in "populism."
watch
every Saint has a past. Every Sinner has a Future
  • #39,130
  • Feb 7, 2019 3:12pm Feb 7, 2019 3:12pm
Funny old day.
i was trying something new with A/U ....E/U and G/U.

A/U was very slow,,, E/U made profit as did G/U.
(except for that error trade).

I have decided to only concentrate on G/U
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,131
  • Feb 7, 2019 3:21pm Feb 7, 2019 3:21pm
t 23-18

Cable chart from a minute ago.
Attached Image

M = modest 100 range.
7 = 70 range.
something to look forward to tomorrow..
chart will be updated throughout the day.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,132
  • Feb 7, 2019 4:20pm Feb 7, 2019 4:20pm
Weird. At some point I seem to have found myself unsubbed from the thread. Apparently I did it?!?!?

Possibly fat-finger syndrome while using my phone to drop in.

Who knows. Sorted now (hopefully!).
  • #39,133
  • Feb 7, 2019 11:20pm Feb 7, 2019 11:20pm
t 07-18
morning.
Cable chart copied a few minutes ago.
Attached Image


7 = 70 range.
the actual adr is 95.
The box is the 00-00 4 hour bar range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,134
  • Feb 7, 2019 11:29pm Feb 7, 2019 11:29pm
t 07-28
Cable 4 hour chart.
Attached Image


A = adr of 95.
7 = 70 range.
00-00 4 hour bar range High/Low is on.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,135
  • Feb 7, 2019 11:34pm Feb 7, 2019 11:34pm
As stated many times.....
Trading the first break of the 00-00 4 hour bar is not as easy as it looks...
WHY???? Because we do not know how far the move will go.
How about taking a few points then hope for a retrace?,

It is easier to then trade the retrace break of the opposite end, we then have an area to aim for.???

Make this break out method your own....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,136
  • Feb 7, 2019 11:44pm Feb 7, 2019 11:44pm
Regarding the break of the 00-00 4 hour bar,.

we have better stats if we actually see the break/s of the other end if it happens several hours after.

Something like, you stumble across it rather than look for it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,137
  • Feb 7, 2019 11:46pm Feb 7, 2019 11:46pm
t 07-45
Cable, we have just had a nice drop down, Luckily i have my friend trading it for me lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,138
  • Feb 7, 2019 11:57pm Feb 7, 2019 11:57pm
t 07-55
Cable 4 hour chart
Attached Image


The Low just recorded is 12932. (X)
If we now add 95 to that we will have the ADR High... or add 70 for the 70 range
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,139
  • Feb 8, 2019 12:05am Feb 8, 2019 12:05am
'Morning all.

Just a watching brief for me this morning as I am going out in a mo and can't take the chance of getting stuck in a trade.

The Monster looked in trickster-mode there, as it was nominally setting up for a Short move before bouncing North like a little pocket-rocket.

If I was here, I would probably be looking to get in on a rebound if it comes...but as I said, not today.

It's going to be like this for a week or so maybe. Just unavoidable life stuff and as I say that, better get going now.

I will pop in and out as and when.

Trade well all.
  • #39,140
  • Feb 8, 2019 12:07am Feb 8, 2019 12:07am
Oh - the rebound happened. Would have been sweeeeeeeeeeet. Oh well
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