Billytt Die happy trading e/j daily breakout | Page 2325 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #46,481
  • Jan 21, 2020 1:49am Jan 21, 2020 1:49am
with the adr (AVERAGE DAILY RANGE)
quite often once this range has been made or neared we will have retrace.
This did happen more with stocks and shares but forex has good results.
I do not trade this retrace.
t 07-49
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,482
  • Jan 21, 2020 1:53am Jan 21, 2020 1:53am
Quoting billytt
Dax and ftse I am leaving today as most of the adr has gone, and trading conditions for me are not suitable. usd/chf I will trade. Trade well all. t 07-11
Lol...I had a long on The Swissie running away in the background...I forgot all about it (tp and sl were set, don't panic). Opened at 21:39 and closed at 00:39 nicely in profit
  • #46,483
  • Jan 21, 2020 2:03am Jan 21, 2020 2:03am
Quoting lemercenaire
{quote} Lol...I had a long on The Swissie running away in the background...I forgot all about it (tp and sl were set, don't panic). Opened at 21:39 and closed at 00:39 nicely in profit
That is brilliant when that happens, I have done it in the past when trying new methods out....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,484
  • Jan 21, 2020 2:06am Jan 21, 2020 2:06am
Just winged it this morning at the Open. Went on a Spike-Hunt.

DAX H1 Spike Hunt +8

Attached Image (click to enlarge)
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  • #46,485
  • Jan 21, 2020 2:06am Jan 21, 2020 2:06am
Cable, 00-00 4 hour break.

High =13014...…...Low = 13014 range is 19.
typing this right now the price is 13003, we can try a retrace trade, if it goes up we can make extra or if it fails we lose 8 (not 19).
we have a 00 near biut it has already been breached.
we may be on a fail, but lets hope it goes back up.
t 08-06
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,486
  • Jan 21, 2020 2:07am Jan 21, 2020 2:07am
Quoting lemercenaire
Just winged it this morning at the Open. Went on a Spike-Hunt. DAX H1 Spike Hunt +8 {image}
I was watching dax ages ago dropping, but like I am always saying, I will trade my method.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,487
  • Jan 21, 2020 2:12am Jan 21, 2020 2:12am
The Not-The-Billy-Bar broke long but turned after about +2. Dropped back through and as a WZ would have cleared back easily. Also as a clean break out the other end, it would have bagged the +5...just.
  • #46,488
  • Jan 21, 2020 2:19am Jan 21, 2020 2:19am
I won't be trading The Billy-Bar...or at least not short.
  • #46,489
  • Jan 21, 2020 2:26am Jan 21, 2020 2:26am
A bit of everything this morning. A move off of a Z-Line / micro S+D set-up...

DAX 1-min Double-Dip +3.5 +4.5 [+8]

Attached Image (click to enlarge)
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  • #46,490
  • Jan 21, 2020 2:31am Jan 21, 2020 2:31am
Cable, we have the makings of a good trade off short......
I am still long off the 00-00 and it has not failed yet, it has come to within half a point of failing.

The 08-00 15 minute bar, the low has triggered and I am short.

Yes that's right I am long and short, with separate trades.
t 08-31
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,491
  • Jan 21, 2020 2:34am Jan 21, 2020 2:34am
usd/chf same again, the low of the 00-00 4 bar has come to within halp a point of triggering.
no trade yet.
t 08-34
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,492
  • Jan 21, 2020 2:35am Jan 21, 2020 2:35am
Quoting lemercenaire
A bit of everything this morning. A move off of a Z-Line / micro S+D set-up... DAX 1-min Double-Dip +3.5 +4.5 [+8] {image}
In again...

DAX 1-min +5.5 +6.8 +8.5 +10.5 +12 +13.5 [+56.8]

Attached Image (click to enlarge)
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  • #46,493
  • Jan 21, 2020 2:38am Jan 21, 2020 2:38am
A very productive Monster Hunt this morning.

Total on the Morning: +72.8
  • #46,494
  • Jan 21, 2020 2:43am Jan 21, 2020 2:43am
Quoting billytt
Cable, 00-00 4 hour break. High =13014...…...Low = 13014 range is 19. typing this right now the price is 13003, we can try a retrace trade, if it goes up we can make extra or if it fails we lose 8 (not 19). we have a 00 near biut it has already been breached. we may be on a fail, but lets hope it goes back up. t 08-06
look at what happened regarding the retrace trade IF you did it. it doesn't always work,
t 08-43
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,495
  • Jan 21, 2020 2:48am Jan 21, 2020 2:48am
Cable. 00-00 4 hour break, and now we are above the high trigger.

If I short it, IT HAS TO BE THE WHOLE NUMBER ie 12995 NOT 12995.5 this happens quite often. whereas the high trigger doesn't.
it still might fail, but we are seeing live trades happening.
t 08-48
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,496
  • Jan 21, 2020 2:50am Jan 21, 2020 2:50am
Cable 08-00 break, the low failed, I am now long with a counter, I have made 5% off the high and now going to fix the fail.
t08-50
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,497
  • Jan 21, 2020 2:52am Jan 21, 2020 2:52am
Cable just playing between the lines today.

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  • #46,498
  • Jan 21, 2020 2:56am Jan 21, 2020 2:56am
DAX has broken down into mush now. That'll do me.

Brew time and back later. Trade well all who stick around.
  • #46,499
  • Jan 21, 2020 3:24am Jan 21, 2020 3:24am
Quoting lemercenaire
I won't be trading The Billy-Bar...or at least not short.
Morning all. Good call this morning Lem.
  • #46,500
  • Jan 21, 2020 3:36am Jan 21, 2020 3:36am
Quoting billytt
Cable, 00-00 4 hour break. High =13014...…...Low = 13014 range is 19. typing this right now the price is 13003, we can try a retrace trade, if it goes up we can make extra or if it fails we lose 8 (not 19). we have a 00 near biut it has already been breached. we may be on a fail, but lets hope it goes back up. t 08-06
I see the attraction of retrace trades (going in the direction of the original break but only after price has retraced a bit). Retrace trade could mean different things to different people so I thought I would clarify. When I first started following this thread, to me a retrace trade meant going in the OPPOSITE direction of the original break.
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