Billytt Die happy trading e/j daily breakout | Page 1975 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #39,481
  • Feb 26, 2019 3:55am Feb 26, 2019 3:55am
Quoting claudia1
{quote} lol no !!! Sounds like a garden centre day.
I think I am morphing into Mr-T...I spent an inordinate amount of time in a garden centre yesterday, lol. (Bought a nice bonsai ).
  • #39,482
  • Feb 26, 2019 3:56am Feb 26, 2019 3:56am
Quoting turnip15
{quote} Country house and garden ( National Trust)
Enjoy !
  • #39,483
  • Feb 26, 2019 3:57am Feb 26, 2019 3:57am
Quoting claudia1
{quote} Got it set up on 15 min. Range 6.00 am to 7.15 as a starting point. See what happens tomorrow. {image}
Remember the likely double-sized spreads.
  • #39,484
  • Feb 26, 2019 3:57am Feb 26, 2019 3:57am
Quoting lemercenaire
{quote} I think I am morphing into Mr-T...I spent an inordinate amount of time in a garden centre yesterday, lol. (Bought a nice bonsai ).
Mr T goes along so he gets a pub lunch at the end and doesn't have to wash the car !
  • #39,485
  • Feb 26, 2019 3:59am Feb 26, 2019 3:59am
Quoting lemercenaire
{quote} Remember the likely double-sized spreads.
Thanks - have set the max spread to 2 (usually get 1) so that might cover it. We will see.

Edit: Open to ideas on s/l and t/p. Currently have 12/24.
  • #39,486
  • Feb 26, 2019 4:08am Feb 26, 2019 4:08am
That's enough wait for NY now.
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  • #39,487
  • Feb 26, 2019 4:14am Feb 26, 2019 4:14am
Lem - if you get a few minutes have a go on the ITV 7. All at Kempton tonight so plenty time. Be fun to compare entries.
  • #39,488
  • Feb 26, 2019 4:17am Feb 26, 2019 4:17am
Quoting claudia1
Lem - if you get a few minutes have a go on the ITV 7. All at Kempton tonight so plenty time. Be fun to compare entries.
I'll have a look. What's the rules? One from each race?
  • #39,489
  • Feb 26, 2019 4:20am Feb 26, 2019 4:20am
Quoting lemercenaire
{quote} I'll have a look. What's the rules? One from each race?
Yep. It takes you through it race by race. Might have to open an account with Skybet but entry is free.

Worth a look they give away £1k every day and 50k on a Saturday.
  • #39,490
  • Feb 26, 2019 4:29am Feb 26, 2019 4:29am
OK, managed to find a quickie.

Actually a hugely aggressive entry...

DAX T-60 Chart

Attached Image


If I drop in on the H1, you will see why...

DAX H1

Attached Image (click to enlarge)
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Price is not only below the second cloud - so sitting in no-man's land between the two - but also just below the major 50 level.

As it turned out, I had just about enough room above to give me my bag...

DAX T-60 Chart +4.72 Out at the 50 Level

Attached Image (click to enlarge)
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Happy with that and the call to bail. You can see that price faked above but for now, has ultimately been smacked down by the 50.

Attached Image (click to enlarge)
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Likelihood is that it will bounce higher but I'm giving up my seat at the table for now. Things to do. Horses to check .
  • #39,491
  • Feb 26, 2019 4:32am Feb 26, 2019 4:32am
Quoting lemercenaire
OK, managed to find a quickie. Actually a hugely aggressive entry... DAX T-60 Chart {image} If I drop in on the H1, you will see why... DAX H1 {image} Price is not only below the second cloud - so sitting in no-man's land between the two - but also just below the major 50 level. As it turned out, I had just about enough room above to give me my bag... DAX T-60 Chart +4.72 Out at the 50 Level {image} Happy with that and the call to bail. You can see that rice faked above but for now, has ultimately been smacked down by the 50. {image} Likelihood...
Priorities are right !

Where would you put s/l and t/p on Dax at that time of day ? I got 12/24 at the moment as a starting point but I'm guessing.
  • #39,492
  • Feb 26, 2019 4:43am Feb 26, 2019 4:43am
Ah, what the h***...

It did bounce higher and a far less aggressive entry got me another +4.98 (though in my smart-a** haste, I entered on the DAX March chart and not the ''standard'' one and so don't have a screen shot in play). Rook!


Attached Image (click to enlarge)
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  • #39,493
  • Feb 26, 2019 4:47am Feb 26, 2019 4:47am
Quoting lemercenaire
Ah, what the h***... It did bounce higher and a far less aggressive entry got me another +4.98 (though in my smart-a** haste, I entered on the DAX March chart and not the ''standard'' one and so don't have a screen shot in play). Rook! {image}
Oops don't rush on the horses - that meeting is tomorrow but can enter today.
  • #39,494
  • Feb 26, 2019 4:50am Feb 26, 2019 4:50am
[quote=claudia1;12048461]{quote} Priorities are right ! Where would you put s/l and t/p on Dax at that time of day ? I got 12/24 at the moment as a starting point but I'm guessing.[/quote]

It varies from individual set up to set up. The dead-man stop on that first one - not the one I just posted - would have been around -10, so your -12 would be right.

If it dropped to that full -10 but didn't close out, then turned, I would add-in on the way back up at around the -5 mark.

TP is always whatever I get. On the tick charts, it'll be between +2 to +5 as standard and then where price stalls. I will bag and re-enter. Only very occasionally will I hold. I'd rather take 6 x +4 than hold and try for 1 x +24.
  • #39,495
  • Feb 26, 2019 4:53am Feb 26, 2019 4:53am
Quoting claudia1
{quote} Oops don't rush on the horses - that meeting is tomorrow but can enter today.
Ah good. I thought I was having a brain fart, as I couldn't find Kempton
  • #39,496
  • Feb 26, 2019 4:54am Feb 26, 2019 4:54am
Quoting lemercenaire
{quote} Priorities are right ! Where would you put s/l and t/p on Dax at that time of day ? I got 12/24 at the moment as a starting point but I'm guessing. It varies from individual set up to set up. The dead-man stop on that first one - not the one I just posted - would have been around -10, so your -12 would be right. If it dropped to that full -10 but didn't close out, then turned, I would add-in on the way back up at around the -5 mark. TP is always whatever I get. On the tick charts, it'll be between +2 to +5 as standard and then where price...
Thanks - remember this is fully automated. I'll give it a go at 12/24 with a 60% win rate I'd be very happy.
  • #39,497
  • Feb 26, 2019 4:56am Feb 26, 2019 4:56am
Quoting claudia1
{quote} Thanks - remember this is fully automated. I'll give it a go at 12/24 with a 60% win rate I'd be very happy.
Ah right, for the bot. Yeah, wth, give it a go at those numbers. If you get the direction right, then you'll clear that +24 no probs over the day.
  • #39,498
  • Feb 26, 2019 4:56am Feb 26, 2019 4:56am
Quoting lemercenaire
{quote} Ah good. I thought I was having a brain fart, as I couldn't find Kempton
Lol have to admit was looking for the meeting and starting to wonder.
  • #39,499
  • Feb 26, 2019 6:02am Feb 26, 2019 6:02am
Well done on obviously nice rallies today. I have no time to trade ATM unfortunately, so just briefly saying hello ...
Fix up, trade sharp ...
  • #39,500
  • Feb 26, 2019 6:26am Feb 26, 2019 6:26am
Quoting Hickson
Well done on obviously nice rallies today. I have no time to trade ATM unfortunately, so just briefly saying hello ...
Hello from here too, I´m also out of the game, I´m still working on my strategy.
I've seen bars you people wouldn't believe...
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