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Billytt Die happy trading e/j daily breakout

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  • Post #47,121
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  • Feb 6, 2020 9:11am Feb 6, 2020 9:11am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 18,269 Posts
Quoting claudia1
Disliked
One Mr T should be following. {image}
Ignored
Hola!
 
1
  • Post #47,122
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  • Feb 6, 2020 9:53am Feb 6, 2020 9:53am
  •  claudia1
  • Joined Apr 2013 | Status: Member | 10,297 Posts
Quoting lemercenaire
Disliked
{quote} Hola!
Ignored
lol - Adam let me down but Hayley came in a winner at 22/1 same meet. Good day.
 
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  • Post #47,123
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  • Feb 6, 2020 10:00am Feb 6, 2020 10:00am
  •  turnip15
  • Joined Sep 2006 | Status: Member | 9,256 Posts
Dow has made another dive similar to yesterday ?
And broke the 29400
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
 
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  • Post #47,124
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  • Feb 6, 2020 10:03am Feb 6, 2020 10:03am
  •  turnip15
  • Joined Sep 2006 | Status: Member | 9,256 Posts
Calling it a day. have a good week end all.
every Saint has a past. Every Sinner has a Future
 
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  • Post #47,125
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  • Feb 6, 2020 10:19am Feb 6, 2020 10:19am
  •  BrokeCollege
  • | Joined Oct 2016 | Status: Member | 272 Posts
Quoting turnip15
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Dow has made another dive similar to yesterday ? And broke the 29400 {image}
Ignored
Good stuff mr. T!
 
 
  • Post #47,126
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  • Feb 6, 2020 11:02am Feb 6, 2020 11:02am
  •  ia1979
  • Joined Jun 2018 | Status: Member | 789 Posts
Quoting lemercenaire
Disliked
''UC is sitting in amongst some chunky-looking S+D Zones just now, so providing it stays like that, the DZ could play out well today''. Eazy-Peazy-Lemon-Squeezy... Dead Zone UC Long Bias {image}
Ignored
Lem I know you can't share this supply and demand indicator but do you, or anyone else know of another good one for MT4? Thanks in advance.
 
 
  • Post #47,127
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  • Feb 6, 2020 11:43am Feb 6, 2020 11:43am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 18,269 Posts
Quoting ia1979
Disliked
{quote} Lem I know you can't share this supply and demand indicator but do you, or anyone else know of another good one for MT4? Thanks in advance.
Ignored
Search for "best supply and demand indicator for mt4" and you'll find what you need. Top two have equal merits - all I did, or had done for me, was combine best of both.
 
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  • Post #47,128
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  • Feb 6, 2020 11:59am Feb 6, 2020 11:59am
  •  Jp1
  • Joined Dec 2018 | Status: Member | 2,111 Posts
Quoting lemercenaire
Disliked
{quote} Sorry, in what way? ''Which one is it?'' Who's version, or the Cam-Level?
Ignored
lol, just the cam level. Some hold a lot more weight than others so was just interested if it was a day, week or quarterly one, and whether or not a breakout level etc
 
 
  • Post #47,129
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  • Feb 6, 2020 12:37pm Feb 6, 2020 12:37pm
  •  BrokeCollege
  • | Joined Oct 2016 | Status: Member | 272 Posts
Do you guys recommend any reliable charting for the Dollar index?
 
 
  • Post #47,130
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  • Feb 6, 2020 1:10pm Feb 6, 2020 1:10pm
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 18,269 Posts
Quoting Jp1
Disliked
{quote} lol, just the cam level. Some hold a lot more weight than others so was just interested if it was a day, week or quarterly one, and whether or not a breakout level etc
Ignored
It was the H3 Short Reversal Level. It was backed by a solid Supply Zone.
 
 
  • Post #47,131
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  • Feb 6, 2020 1:15pm Feb 6, 2020 1:15pm
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 18,269 Posts
Quoting lemercenaire
Disliked
{quote} It was the H3 Short Reversal Level. It was backed by a solid Supply Zone.
Ignored
Price is finding it very difficult to break that level. However, if I wasn't going out tonight, I'd be looking at a possible Supply Clearout move.

Will it hold till tomorrow? Mmmmmmm...
 
 
  • Post #47,132
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  • Feb 6, 2020 1:21pm Feb 6, 2020 1:21pm
  •  mtacki
  • | Joined Jul 2019 | Status: Member | 125 Posts
Quoting turnip15
Disliked
Dow has made another dive similar to yesterday ? And broke the 29400 {image}
Ignored
Hi Turnip-
'been looking at your charts - trying to figure out your entry criteria.
Seems like there are two conditions !?
Either price closes above / beyond the cloud- you are entering on the break of that last candle that broke the cloud...
Or
the other method seems to be the break of the blue ma ?
Again waiting for the next candle to exceed the close of the candle that broke the ma ?

Is this about right ?

Best,
Mark
 
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  • Post #47,133
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  • Feb 6, 2020 2:47pm Feb 6, 2020 2:47pm
  •  turnip15
  • Joined Sep 2006 | Status: Member | 9,256 Posts
Quoting mtacki
Disliked
{quote} Hi Turnip- 'been looking at your charts - trying to figure out your entry criteria. Seems like there are two conditions !? Either price closes above / beyond the cloud- you are entering on the break of that last candle that broke the cloud... Or the other method seems to be the break of the blue ma ? Again waiting for the next candle to exceed the close of the candle that broke the ma ? Is this about right ? Best, Mark
Ignored
Sorry for late reply -I had logged out for the weekend but popped by whilst researching other matters.

View the video from about 25:22.
Just keep it simple and ignore most of what he says about other vids etc, if you wish. The one line -Kijun sen is what I use. Clouds just give a bias but if you experiment with 'round numbers -00 etc' and watch consolidations, hh's etc then you get an idea of flow. I have no ABC of trading but simply a basic structure -line crossing, that I follow. You soon notice big round numbers, previous levels and price reaction off them so that you can put your own interpretation on them.
We could discuss over many paragraphs what I do, but like Billy, Lem, Claudia etc, you cannot replicate their trades but practice and repetition will give you your own interpretation based on your personal view of the world.

The video:
Inserted Video
every Saint has a past. Every Sinner has a Future
 
4
  • Post #47,134
  • Quote
  • Feb 6, 2020 3:40pm Feb 6, 2020 3:40pm
  •  mtacki
  • | Joined Jul 2019 | Status: Member | 125 Posts
Quoting turnip15
Disliked
{quote} Sorry for late reply -I had logged out for the weekend but popped by whilst researching other matters. View the video from about 25:22. Just keep it simple and ignore most of what he says about other vids etc, if you wish. The one line -Kijun sen is what I use. Clouds just give a bias but if you experiment with 'round numbers -00 etc' and watch consolidations, hh's etc then you get an idea of flow. I have no ABC of trading but simply a basic structure -line crossing, that I follow. You soon notice big round numbers, previous levels and price...
Ignored
thanks a bunch
very interesting stuff around here :-)
 
 
  • Post #47,135
  • Quote
  • Feb 6, 2020 4:20pm Feb 6, 2020 4:20pm
  •  claudia1
  • Joined Apr 2013 | Status: Member | 10,297 Posts
Quoting turnip15
Disliked
{quote} Sorry for late reply -I had logged out for the weekend but popped by whilst researching other matters. View the video from about 25:22. Just keep it simple and ignore most of what he says about other vids etc, if you wish. The one line -Kijun sen is what I use. Clouds just give a bias but if you experiment with 'round numbers -00 etc' and watch consolidations, hh's etc then you get an idea of flow. I have no ABC of trading but simply a basic structure -line crossing, that I follow. You soon notice big round numbers, previous levels and price...
Ignored
Great post. You took time and found out what works for you. Now you have my favourite word 'confidence' lol.
 
4
  • Post #47,136
  • Quote
  • Feb 6, 2020 4:23pm Feb 6, 2020 4:23pm
  •  claudia1
  • Joined Apr 2013 | Status: Member | 10,297 Posts
If this breaks tomorrow could be fun. NFP day too.
Attached Image (click to enlarge)
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  • Post #47,137
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  • Feb 6, 2020 6:10pm Feb 6, 2020 6:10pm
  •  claudia1
  • Joined Apr 2013 | Status: Member | 10,297 Posts
Quoting BrokeCollege
Disliked
Do you guys recommend any reliable charting for the Dollar index?
Ignored
I use IG
Attached Image (click to enlarge)
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  • Post #47,138
  • Quote
  • Feb 6, 2020 7:48pm Feb 6, 2020 7:48pm
  •  ia1979
  • Joined Jun 2018 | Status: Member | 789 Posts
An interesting observation - relates to The Billy Bar 8am - 8:15 GU bar break and the 12am - 4am GU bar break. If price breaks one side but doesn't make many pips, it'll normally break the other side for a good handful. This much we know through the number crunching Billy has done. If however, the second break also fails and price goes back in the original direction again, it may or may not make the pips. I've noticed when the target bar has been broken 3 times, chances are it'll break more times before finally deciding on what to do (in a few cases I saw it being broken 6 or 7 times). That sort of whip will kill an account. From now on, 3 breaks and I'm out until the next day or whatever. Sorry if most of you already know this. Thought I would share my findings in case they prove to be useful for someone.
 
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  • Post #47,139
  • Quote
  • Feb 6, 2020 8:40pm Feb 6, 2020 8:40pm
  •  ia1979
  • Joined Jun 2018 | Status: Member | 789 Posts
Also have a look at 7am-8am GU bar break. Most days only 1 side breaks and goes for 30+ pips. Some days both sides will break but over time the gains appear to cover the losses. Probably ignore this trade if the 1 hour bar is big (30+ pips).
 
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  • Post #47,140
  • Quote
  • Feb 7, 2020 12:37am Feb 7, 2020 12:37am
  •  BrokeCollege
  • | Joined Oct 2016 | Status: Member | 272 Posts
Will not long Cable today. Pivot/1.2950/38 Fib of yesterday is took close to the top of the range. Plus, Its the end of the week and there is big news potentially... will there be a break of the range on the daily today? 1.2850 area mayyyyybe?
 
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