Billytt Die happy trading e/j daily breakout | Page 2093 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #41,841
  • May 31, 2019 2:36am May 31, 2019 2:36am
Cable. 08-00 15 min bar break.
High broke so I am Long, range 10.
t 08-36
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,842
  • May 31, 2019 2:53am May 31, 2019 2:53am
Cable, 08-00 break. High made 5% just.
That is me done.
I will keep my eye on Dax but will probably not trade it, but you never know.
i am away to Dorset later, gf is away with a friend in the New Forest...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,843
  • May 31, 2019 3:29am May 31, 2019 3:29am
Quoting claudia1
Like that t/l be surprised if that doesn't get a test. {image}
@Riese - and so it did to the cent. Definitely one to have put a speculative order in - oh well hindsight once again. Well picked up.
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  • #41,844
  • May 31, 2019 3:35am May 31, 2019 3:35am
@ Hickson - AJ text book trade over night. Still getting nowhere with EG lol.
  • #41,845
  • May 31, 2019 4:16am May 31, 2019 4:16am
Quoting claudia1
@ Hickson - AJ text book trade over night. Still getting nowhere with EG lol.
Maybe optimizing AJ is key then. Less is more.

Loaded all your recent files in lappy and will run on monday if I get the settings right. Tossed out server - money for nothing as it does not work properly as you told me before, so thanks for pointing that out.
Fix up, trade sharp ...
  • #41,846
  • May 31, 2019 4:20am May 31, 2019 4:20am
Quoting Hickson
{quote} Maybe optimizing AJ is key then. Less is more. Loaded all your recent files in lappy and will run on monday if I get the settings right. Tossed out server - money for nothing as it does not work properly as you told me before, so thanks for pointing that out.
Think you're right as I do keep coming back to AJ. Will post the weeks findings over the weekend.

Decision made - AJ and that's it lol. Back to ignoring Sunday/Monday. So basically going back to the initial plan for me. I think I've over complicated it with changing this and that every day.
  • #41,847
  • May 31, 2019 4:23am May 31, 2019 4:23am
A nice end to the week would be for Dax to hang around where it is or bounce off the 00 to break the 07-00 1 hour bar high and keep going 40/50 + lol.
But let it do at approx 11-30 plus, I need the time game, 3 hours is a bit short, let it be 4/5hours.
Trade well all.
t 10-23
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,848
  • May 31, 2019 4:25am May 31, 2019 4:25am
Quoting claudia1
{quote} Think you're right as I do keep coming back to AJ. Will post the weeks findings over the weekend. Decision made - AJ and that's it lol. Back to ignoring Sunday/Monday. So basically going back to the initial plan for me.
I do not have close to your experience with it, but came to the same conclusion during testing weeks. Other pairs (UJ ,cable)rather murky while AJ alone booked small but stable green numbers. Cable has to be traded discretionary I believe. Its mood changes very often.
Fix up, trade sharp ...
  • #41,849
  • May 31, 2019 4:29am May 31, 2019 4:29am
Quoting Hickson
{quote} I do not have close to your experience with it, but came to the same conclusion during testing weeks. Other pairs (UJ ,cable)rather murky while AJ alone booked small but stable green numbers. Cable has to be traded discretionary I believe. Its mood changes very often.
It has been consistent and if it makes a nominal gain every week fully automated then something has been achieved.

Cable does have a mind of its own. But does tend to respect the usual pivots/round numbers/yesterday's high and low etc etc.

Brexit of course is still the issue here.
  • #41,850
  • May 31, 2019 5:10am May 31, 2019 5:10am
Quoting claudia1
{quote} It has been consistent and if it makes a nominal gain every week fully automated then something has been achieved. Cable does have a mind of its own. But does tend to respect the usual pivots/round numbers/yesterday's high and low etc etc. Brexit of course is still the issue here.
Claudia do you ever look at other pairs like E/U N/U and A/U. This week i seen 3 nice clean set ups on N/U also i found if you have Davits WP as a back drop it gives you that added confidence to to find support and Resistance to determine entries and exits. Just my 2 cents.

I been trying a scalping system lately, could do with a bit of tweaking.....

Basically its Davits WP method with 8 and 21 ema.

So if there a bullish candle a s38 then i take position if it's more than 8 pips to either 8 or 21 ema. The further price is away from the MA's my Target is only to get close to 8 or even touch 8 Ema but if price is close then i target 21 Ema. I had success but i dont whether to use a Hard SL or to Martingale and increase my lot size on the next reversal.

Just a theory, would like any advice if possible
  • #41,851
  • May 31, 2019 5:17am May 31, 2019 5:17am
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  • #41,852
  • May 31, 2019 5:25am May 31, 2019 5:25am
Quoting RieseP
{quote} Claudia do you ever look at other pairs like E/U N/U and A/U. This week i seen 3 nice clean set ups on N/U also i found if you have Davits WP as a back drop it gives you that added confidence to to find support and Resistance to determine entries and exits. Just my 2 cents. I been trying a scalping system lately, could do with a bit of tweaking..... Basically its Davits WP method with 8 and 21 ema. So if there a bullish candle a s38 then i take position if it's more than 8 pips to either 8 or 21 ema. The further price is away from the MA's...
I tend to stick to GU as it's what I was brought up on. I am a believer that if you stick with one pair you do get to know it. Take Lem with the Dax (where is he ?).

Not an advocate of martingale although I do add to positions, and not a fan of ma's. If I were you I'd be using hard stops until you get more confidence.

Just takes time to build a system/strategy that works for you. It's okay looking at someone elses idea (like Davit) but at the end of the day it has to be yours. Sounds like you're well on the way.

Hanover once said to me 'to trade like you I'd need to get inside your head' lol he was so right as always.

Billy/Lem comments ?
  • #41,853
  • May 31, 2019 5:29am May 31, 2019 5:29am
Quoting claudia1
{quote} I tend to stick to GU as it's what I was brought up on. I am a believer that if you stick with one pair you do get to know it. Take Lem with the Dax (where is he ?). Not an advocate of martingale although I do add to positions, and not a fan of ma's. If I were you I'd be using hard stops until you get more confidence. Just takes time to build a system/strategy that works for you. It's okay looking at someone elses idea (like Davit) but at the end of the day it has to be yours. Sounds like you're well on the way. Hanover once said to me 'to...
Thanks Claudia much appreciated. Its all theories at the end of day and it's all about conviction and believing that you will make it even when its bumpy, you believe the next trade is a new start.
  • #41,854
  • May 31, 2019 5:33am May 31, 2019 5:33am
Quoting RieseP
{quote} Thanks Claudia much appreciated. Its all theories at the end of day and it's all about conviction and believing that you will make it even when its bumpy, you believe the next trade is a new start.
Exactly. It all comes back to confidence - when you can wake up and say 'Going to make £ x today' you've crossed a bridge.

Of course it's not that easy but set targets/goals and you'll get there.
  • #41,855
  • May 31, 2019 5:35am May 31, 2019 5:35am
X = ? Costa Cofffee
  • #41,856
  • May 31, 2019 5:43am May 31, 2019 5:43am
Quoting Hickson
{quote} I do not have close to your experience with it, but came to the same conclusion during testing weeks. Other pairs (UJ ,cable)rather murky while AJ alone booked small but stable green numbers. Cable has to be traded discretionary I believe. Its mood changes very often.
Here's this week - the settings I've changed today and that's what I'll stick with for next week.
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  • #41,857
  • May 31, 2019 5:50am May 31, 2019 5:50am
Quoting claudia1
{quote} I tend to stick to GU as it's what I was brought up on. I am a believer that if you stick with one pair you do get to know it. Take Lem with the Dax (where is he ?). Not an advocate of martingale although I do add to positions, and not a fan of ma's. If I were you I'd be using hard stops until you get more confidence. Just takes time to build a system/strategy that works for you. It's okay looking at someone elses idea (like Davit) but at the end of the day it has to be yours. Sounds like you're well on the way. Hanover once said to me 'to...
Hi claudia, I agree with everything you said.
Stick to one pair but be aware of others.
martingale a big no no, but like you I add.
ma? erm, leave them. If you feel you need them try looking at the candles, inside / outside candles, ( not directed at Claudia).
Daily Pivot is a good level.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,858
  • May 31, 2019 5:55am May 31, 2019 5:55am
Quoting billytt
{quote} Hi claudia, I agree with everything you said. Stick to one pair but be aware of others. martingale a big no no, but like you I add. ma? erm, leave them. If you feel you need them try looking at the candles, inside / outside candles, ( not directed at Claudia). Daily Pivot is a good level.
Trend lines are worth considering - that one on UC yesterday was classic. I know Lem will disagree on that one, but if the markets moving in a general direction as that one was, t/l can be a help to find support/resistance.
  • #41,859
  • May 31, 2019 5:56am May 31, 2019 5:56am
Quoting RieseP
X = ? Costa Cofffee
Need to be a bit more ambitious than that lol good luck.
  • #41,860
  • May 31, 2019 6:01am May 31, 2019 6:01am
Quoting claudia1
{quote} Trend lines are worth considering - that one on UC yesterday was classic. I know Lem will disagree on that one, but if the markets moving in a general direction as that one was, t/l can be a help to find support/resistance.
Of course they can be useful, even I know that after 100s of hours chart watching, to me they are another Line to Trade should it happen, obviously I prefer certain time range lines.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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