Billytt Die happy trading e/j daily breakout | Page 1998 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #39,941
  • Mar 18, 2019 7:13am Mar 18, 2019 7:13am
Quoting billytt
{quote} I have always thought things were geared to kill minnows but I trade around it by trading with the big boys. Have trigger then move to the areas, NOT AT THE AREA, These areas/levels are like marooned fish hoping not to be netted. Hope all is well Mr T.
Fine thanks Billy. The above taught me not to ignore levels ( after all -I did draw the things in !) and to be more patient.
every Saint has a past. Every Sinner has a Future
  • #39,942
  • Mar 18, 2019 10:33am Mar 18, 2019 10:33am
Quoting turnip15
{quote} Fine thanks Billy. The above taught me not to ignore levels ( after all -I did draw the things in !) and to be more patient.
Had 5 trades today on GU and finished up +49.9 just selling of the pivot at 63 and the 50 level. Being patient of course.

Looks like got out a bit early was looking for Friday's low.
  • #39,943
  • Mar 18, 2019 11:11am Mar 18, 2019 11:11am
Quoting turnip15
I got two losers and gave up before 10 am ( should have had the nerve for a third try-short-which would have done the trick even before 10 am ) Back for Dow later. {image}
Dow much better for me.
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every Saint has a past. Every Sinner has a Future
  • #39,944
  • Mar 18, 2019 3:12pm Mar 18, 2019 3:12pm
Quoting turnip15
I got two losers and gave up before 10 am ( should have had the nerve for a third try-short-which would have done the trick even before 10 am ) Back for Dow later. {image}
This is exactly what I mean,, It didn't happen in a while like that ..... But it happened often in 2018... I got trapped too but continued and ended positive. ... As you trade breakouts openings can be very tricky ... Have a nice evening all. .. Cheers
  • #39,945
  • Mar 18, 2019 4:05pm Mar 18, 2019 4:05pm
Quoting Patje
{quote} This is exactly what I mean,, It didn't happen in a while like that ..... But it happened often in 2018... I got trapped too but continued and ended positive. ... As you trade breakouts openings can be very tricky ... Have a nice evening all. .. Cheers
It's also why when I was trading the 06:00 - 08:00 2hr block, I ran it as a Wick-Zone trade, to take advantage of those very twists and turns that a plain breakout method is busted by.

You do need to be lightning fast on the trigger-finger!
  • #39,946
  • Mar 18, 2019 4:09pm Mar 18, 2019 4:09pm
As simple a Dead Zone as you could wish for from The DAX today...

Dead Zone DAX Long Bias

WZ move back into the body.

Attached Image (click to enlarge)
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Excellent surf mode later as well.
  • #39,947
  • Mar 18, 2019 8:18pm Mar 18, 2019 8:18pm
@ Claudia. France40 (H1).
  • #39,948
  • Mar 19, 2019 2:48am Mar 19, 2019 2:48am
[quote=lemercenaire;12128017]@ Claudia. France40 (H1).[/quote]

Gapped down.
  • #39,949
  • Mar 19, 2019 4:36am Mar 19, 2019 4:36am
09-30
morning all.
Cable ,,,00-00 4 hour range, Hi broke then retrace to break Low. Counters running.
08-00. Low broke then retraced to break High, counters and +5. We always want the plus 5. Lol

Dax, 07-00. 1 hour range. High broke then retraced THEN back up again lol. It was 17 range. Luckily the north move made plenty plus we did counter. I am still %%% in but it isn't a cert?

elsewhere nothing doing, back to the counters..

Trade well all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,950
  • Mar 19, 2019 4:41am Mar 19, 2019 4:41am
Morning, Sir Billy!

On 00-00 H4, if you enter on a pullback after the first break, then break of the extreme seems to be the perfect entry, right?

Quoting billytt
09-30 morning all. Cable ,,,00-00 4 hour range, Hi broke then retrace to break Low. Counters running. 08-00. Low broke then retraced to break High, counters and +5. We always want the plus 5. Lol Dax, 07-00. 1 hour range. High broke then retraced THEN back up again lol. It was 17 range. Luckily the north move made plenty plus we did counter. I am still %%% in but it isn't a cert? elsewhere nothing doing, back to the counters.. Trade well all
Buy low, sell high.
  • #39,951
  • Mar 19, 2019 4:43am Mar 19, 2019 4:43am
Quoting Patje
{quote} This is exactly what I mean,, It didn't happen in a while like that ..... But it happened often in 2018... I got trapped too but continued and ended positive. ... As you trade breakouts openings can be very tricky ... Have a nice evening all. .. Cheers
I sacrificed some burnt toast this morning and the Dax was therefore kinder to me today
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #39,952
  • Mar 19, 2019 4:48am Mar 19, 2019 4:48am
Went exotic this morning for +12 on US Light Crude and +31.4 on the Switzerland 20.

Bagged as the moves stalled but if I'm about, I will keep an eye open for any potential re-entry.
  • #39,953
  • Mar 19, 2019 5:23am Mar 19, 2019 5:23am
As an aside, and not traded by me : who put the"boot" into FTSE ?
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every Saint has a past. Every Sinner has a Future
  • #39,954
  • Mar 19, 2019 5:55am Mar 19, 2019 5:55am
Quoting turnip15
{quote} I sacrificed some burnt toast this morning and the Dax was therefore kinder to me today {image}
yeah Dax is very kind this morning
  • #39,955
  • Mar 19, 2019 8:15am Mar 19, 2019 8:15am
GA play. Short from the bearish rejection pin.

GBPAUD 1-Min +10

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  • #39,956
  • Mar 19, 2019 9:06am Mar 19, 2019 9:06am
My impatience led me to make a terrible mistake today, what an awful day
I've seen bars you people wouldn't believe...
  • #39,957
  • Mar 19, 2019 9:23am Mar 19, 2019 9:23am
Quoting rmormar
My impatience led me to make a terrible mistake today, what an awful day
What happened, buddy?
  • #39,958
  • Mar 19, 2019 12:10pm Mar 19, 2019 12:10pm
Quoting rmormar
My impatience led me to make a terrible mistake today, what an awful day
What happened ?

Edit: oops just read Lem's post - just an echo.
  • #39,959
  • Mar 19, 2019 12:55pm Mar 19, 2019 12:55pm
Donīt worry friends, sorry if my message seemed very serious, I just wanted to get that off my chest. Typical mistake from a bad trader, trying to recover losses too fast, increasing lot size and inevitably enlarging the disaster. Very hard lesson but Iīm ok, thanks for your interest and support.
I've seen bars you people wouldn't believe...
  • #39,960
  • Mar 19, 2019 2:25pm Mar 19, 2019 2:25pm
Some after-hours fun.

Increased spread means a slightly earlier exit (smaller bag for same distance travelled) but no matter, still the same game.

DAX T-60 Chart +1.01 +2.52 [+3.53]

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