Billytt Die happy trading e/j daily breakout | Page 2256 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #45,101
  • Oct 22, 2019 2:54am Oct 22, 2019 2:54am
Quoting lemercenaire
{quote} Certainly looked like a pretty solid move Short, Billy. Nicely done.
These moves are brilliant, especially with the fast movement.
my main aim is the 5% off the 08-00 bar, hunting the daily range ( or part of it) is secondary, but this tops my bank up for when I get a Fail.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,102
  • Oct 22, 2019 3:02am Oct 22, 2019 3:02am
Quoting billytt
{quote} These moves are brilliant, especially with the fast movement. my main aim is the 5% off the 08-00 bar, hunting the daily range ( or part of it) is secondary, but this tops my bank up for when I get a Fail.
I think what we do here is to throw light on an aspect of trading that rookies miss. That is, we layer different aspects of the same technique together to make one coherent whole. There is this idea that you find one method and one alone, which is simply hobbling you as a trader.

You don't need to run every part of it but having them there to be used as-and-when is the way to go.
  • #45,103
  • Oct 22, 2019 3:37am Oct 22, 2019 3:37am
Quoting lemercenaire
{quote} I think what we do here is to throw light on an aspect of trading that rookies miss. That is, we layer different aspects of the same technique together to make one coherent whole. There is this idea that you find one method and one alone, which is simply hobbling you as a trader. You don't need to run every part of it but having them there to be used as-and-when is the way to go.
Exactly Lem.
My ideal trade is when the first trade fails and then I move on to the next part, this is the big earner.
A normal straight forward win is 5% but if/ when that fails the next Trade/s make a lot more.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,104
  • Edited 5:54am Oct 22, 2019 5:44am | Edited 5:54am
Quoting billytt
{quote} Billy bar, it was a straight break of high, made a few then dropped going through the 00-00 4 hour bar Low. Blah blah

And it is interesting to note also that the price has returned straight to the H1 Z-line which also correspond with current daily open
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  • #45,105
  • Oct 22, 2019 5:57am Oct 22, 2019 5:57am
Quoting MrGreen95
{quote} And it is interesting to note also that the price has returned straight to the H1 Z-line which also correspond with current daily open {image}
Your daily open is 2 hours out from UK time. Opened at 1.29640.
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  • #45,106
  • Oct 22, 2019 8:04am Oct 22, 2019 8:04am
Quoting claudia1
{quote} Your daily open is 2 hours out from UK time. Opened at 1.29640. {image}

it could depend from the broker?
  • #45,107
  • Oct 22, 2019 9:30am Oct 22, 2019 9:30am
Marking up my DOW but cannot trade due to BT hub playing up. Engineer booked but do not want to risk no internet during a trade etc.
3.30pm here so will stop at 4 pm. Broadband comes and goes at the moment. Hope you all did well.
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every Saint has a past. Every Sinner has a Future
  • #45,108
  • Oct 22, 2019 11:42am Oct 22, 2019 11:42am
Where have you all gone ! To Billie's for a gnome racing party ?

Broadband still intermittent but this would be state of play if things were okay. Saving print for analysis as usual. Will be back some time this week when things are fixed.
Good luck all.
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every Saint has a past. Every Sinner has a Future
  • #45,109
  • Oct 22, 2019 12:45pm Oct 22, 2019 12:45pm
Quoting turnip15
Where have you all gone ! To Billie's for a gnome racing party ? Broadband still intermittent but this would be state of play if things were okay. Saving print for analysis as usual. Will be back some time this week when things are fixed. Good luck all. {image}
Good idea !
Attached Image
  • #45,110
  • Oct 22, 2019 12:46pm Oct 22, 2019 12:46pm
Quoting MrGreen95
{quote} it could depend from the broker?
Brokers have different server times that's true. All I'm saying is that if you're trading GBP then use GMT - good luck
  • #45,111
  • Oct 22, 2019 1:17pm Oct 22, 2019 1:17pm
Quoting MrGreen95
{quote} And it is interesting to note also that the price has returned straight to the H1 Z-line which also correspond with current daily open {image}
Open or not is immaterial, the Z-Line will be the kicker, no matter what.
  • #45,112
  • Oct 22, 2019 1:18pm Oct 22, 2019 1:18pm
Quoting turnip15
Marking up my DOW but cannot trade due to BT hub playing up. Engineer booked but do not want to risk no internet during a trade etc. 3.30pm here so will stop at 4 pm. Broadband comes and goes at the moment. Hope you all did well. {image}
Don't you get one of the wireless disks free if your broadband goes down?
  • #45,113
  • Oct 22, 2019 2:21pm Oct 22, 2019 2:21pm
Quoting lemercenaire
{quote} Don't you get one of the wireless disks free if your broadband goes down?
It's the signal coming into the house/router. Checked with BT who confirmed poor signal and slow speed. Engineer booked to attend house to check things out.
every Saint has a past. Every Sinner has a Future
  • #45,114
  • Oct 22, 2019 6:15pm Oct 22, 2019 6:15pm
Hi all...great to read & catch up with all of your posts....I never did visit the Gnomesville place but did go to Wave rock..pic...
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I am living in a small town & there is not much happening, but it is gr8 to see how many people make an extra effort to keep on top of things...a local guy posts his piccies on Facebook each evening so it saves me the trouble..!!
Onwards and upwards...
  • #45,115
  • Oct 22, 2019 6:20pm Oct 22, 2019 6:20pm
From a local guy...trade well all
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Onwards and upwards...
  • #45,116
  • Oct 23, 2019 1:04am Oct 23, 2019 1:04am
Quoting MrGreen95
{quote} And it is interesting to note also that the price has returned straight to the H1 Z-line which also correspond with current daily open {image}
Hi Mr G, it is surprising how the High/Low of the 00-00 4 hour bar plays a part, visit/ re visit.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,117
  • Oct 23, 2019 1:13am Oct 23, 2019 1:13am
Quoting billytt
{quote} Hi Mr G, it is surprising how the High/Low of the 00-00 4 hour bar plays a part, visit/ re visit.
If the 08-15 Bar has a fail and then breaks the opposite trigger....BUT.....the 00-04 bar trigger hasn't been broken yet. Do you wait for the 00-04 trigger to be broken before chasing the Modest Daily Range? Or do you start chasing the range on the 2nd trigger of the 08-15?
  • #45,118
  • Oct 23, 2019 1:18am Oct 23, 2019 1:18am
Morning all.
Cable... 00-00 4 hour bar. Big range.
Low broke then retrace up. Right now no idea what is happening. Lol.
t 07-18
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,119
  • Oct 23, 2019 1:33am Oct 23, 2019 1:33am
Quoting bojack34
{quote} If the 08-15 Bar has a fail and then breaks the opposite trigger....BUT.....the 00-04 bar trigger hasn't been broken yet. Do you wait for the 00-04 trigger to be broken before chasing the Modest Daily Range? Or do you start chasing the range on the 2nd trigger of the 08-15?
Good question Bo and hope you are well.
08-00 bar, if one end fails, trade the opposite end. But don't keep entering trades if it whips.
Now we have the 00-00 4 hour bar. We chase the Daily Range on the second break as it is easier.

if 00-00 bar Low triggers (or vice versa) and the 08-00 bar triggers but fails, I would counter and stick another short on the 00-00. If that fails we chase the Daily Range.
i am struggling to answer in a simple way.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,120
  • Oct 23, 2019 1:45am Oct 23, 2019 1:45am
Quoting billytt
{quote} Good question Bo and hope you are well. 08-00 bar, if one end fails, trade the opposite end. But don't keep entering trades if it whips. Now we have the 00-00 4 hour bar. We chase the Daily Range on the second break as it is easier. if 00-00 bar Low triggers (or vice versa) and the 08-00 bar triggers but fails, I would counter and stick another short on the 00-00. If that fails we chase the Daily Range. i am struggling to answer in a simple way.
im trying understand your reply but im struggling. I'm not sure if this is correct but it sounds like to me your telling me to put in 2 trades. The first at the 2nd trigger of the 08-15 bar and then another to chase daily range at the break of the 00-00 bar. Is this correct?
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