Billytt Die happy trading e/j daily breakout | Page 2401 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #48,001
  • Apr 2, 2020 5:02am Apr 2, 2020 5:02am
How that UJ looks with a pure Thunder+Lightning set-up and why I am still willing to baby-sit it for now .

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  • #48,002
  • Apr 2, 2020 5:12am Apr 2, 2020 5:12am
Quoting lemercenaire
US Unemployment Claims at 13:30 uk today. Beware!

it has been noted, it should be higher un- employment if they speak the truth. lol. yeah right.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,003
  • Apr 2, 2020 7:12am Apr 2, 2020 7:12am
Morning DAX was 'so-so' - too slow to react to price drop and missed a nice short where price hesitated below cloud. Lem -'two guns' -lightening trader would probably have nipped in there to grab a few pips
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every Saint has a past. Every Sinner has a Future
  • #48,004
  • Apr 2, 2020 9:13am Apr 2, 2020 9:13am
Dow off to good start
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every Saint has a past. Every Sinner has a Future
  • #48,005
  • Edited 11:45am Apr 2, 2020 11:01am | Edited 11:45am
Had other stuff to do this afternoon, so dipped in and out when I could. This was one - or two, to be exact. Just a snip here and there...

AJ 5-min +1.5 +2.5 [+4]

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  • #48,006
  • Apr 2, 2020 11:07am Apr 2, 2020 11:07am
Just a pity that I couldn't hang around, as that AJ would have been a very good hunting ground through the afternoon.

How about that pull back to the level!

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  • #48,007
  • Apr 2, 2020 11:19am Apr 2, 2020 11:19am
Channeled some Alien Tech as well, though that was just literally a minute ago!

In late, so let it go past the target line to make some more on top.

DAX 1-min +9.7

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  • #48,008
  • Apr 2, 2020 11:27am Apr 2, 2020 11:27am
Another. This time off my own old Go4Five variant on The WalMal.

GU 1-min +5.6

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  • #48,009
  • Apr 2, 2020 11:28am Apr 2, 2020 11:28am
Evening Peeps.

Flatpack furniture duties in full effect. Limited chart time. Hope everyone is good healthy. One issues i have with counters is having to many counters. so for instance yesterday i had 4 counters running -32 i have got down -19 and made + 10. I just wanted to know how you limit yourself to have too many counter at 1 time. I trying to see whether opening counters -10 giving the pricearea to breathe. Obviously this would mean having to work harder to balance the counters out, however who it eliminate me opening counters that unnecessary.
  • #48,010
  • Apr 2, 2020 11:43am Apr 2, 2020 11:43am
Quoting RieseP
Evening Peeps. Flatpack furniture duties in full effect. Limited chart time. Hope everyone is good healthy. One issues i have with counters is having to many counters. so for instance yesterday i had 4 counters running -32 i have got down -19 and made + 10. I just wanted to know how you limit yourself to have too many counter at 1 time. I trying to see whether opening counters -10 giving the pricearea to breathe. Obviously this would mean having to work harder to balance the counters out, however who it eliminate me opening counters that unnecessary....
Once you hedge your first position, I wait to see a clear direction, if you keep opening multiple Counters on opposite breaks it gets messy.... I am no expert in this... So the masters maybe tell otherwise.... I think there are more ways to do it,... Like average the first entry price and if you get a clear view hedge with a little larger size then the total you have on, or indeed scalp your locked in loss away like Lem says, I am practicing this for quite a while now, it's slowly getting better.....
  • #48,011
  • Apr 2, 2020 11:51am Apr 2, 2020 11:51am
Quoting RieseP
Evening Peeps. Flatpack furniture duties in full effect. Limited chart time. Hope everyone is good healthy. One issues i have with counters is having to many counters. so for instance yesterday i had 4 counters running -32 i have got down -19 and made + 10. I just wanted to know how you limit yourself to have too many counter at 1 time. I trying to see whether opening counters -10 giving the pricearea to breathe. Obviously this would mean having to work harder to balance the counters out, however who it eliminate me opening counters that unnecessary....
Patje gets it across well.

In reality there is no such thing as "too many counters", as so long as they are balanced, none of them will get any more negative than they were when you first locked them in. All are treated as separate entities. All will be cleared profit wise with one trade entry that finally makes up its mind and goes in one direction for a decent distance.

Remember that will mean that you won't just have one trade running for you but also all the other ones from the hedges that are going the same way.
  • #48,012
  • Apr 2, 2020 12:09pm Apr 2, 2020 12:09pm
Back to AJ for a nice Double-Dip off a strong pull back to the cloud+ma.

AJ 5-min +4.3 +7.7 [+12]

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  • #48,013
  • Apr 2, 2020 12:24pm Apr 2, 2020 12:24pm
Off we go again
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  • #48,014
  • Apr 2, 2020 12:26pm Apr 2, 2020 12:26pm
Quoting claudia1
Off we go again {image}
That really is a basket case, lol.
  • #48,015
  • Apr 2, 2020 12:32pm Apr 2, 2020 12:32pm
UC would have been a slam-dunk today.

Short Bias all the way and calling out to be run Wick Zone to maximise the return.

UC Dead Zone Short Bias

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  • #48,016
  • Apr 2, 2020 12:33pm Apr 2, 2020 12:33pm
Quoting lemercenaire
{quote} That really is a basket case, lol.
It's more predictable than cable at the moment. I still don't understand it though !

Cable seems to be back in day ranges of around which brings spreads down - see what NFP does to it.
  • #48,017
  • Apr 2, 2020 12:35pm Apr 2, 2020 12:35pm
Quoting lemercenaire
UC would have been a slam-dunk today. Short Bias all the way and calling out to be run Wick Zone to maximise the return. UC Dead Zone Short Bias {image}
Oh and yes, my Voodoo software would have told you to ignore the Long HeadFake and Short all the way .
  • #48,018
  • Apr 2, 2020 1:00pm Apr 2, 2020 1:00pm
Quoting lemercenaire
{quote} Oh and yes, my Voodoo software would have told you to ignore the Long HeadFake and Short all the way .
Been traveling through the other galaxy and added daily mid zones to my trading possibilities, bounces and breaks, it's quite fun....
  • #48,019
  • Apr 2, 2020 1:31pm Apr 2, 2020 1:31pm
Quoting Patje
{quote} Been traveling through the other galaxy and added daily mid zones to my trading possibilities, bounces and breaks, it's quite fun....
Daily High, Low, 50 and 23.6 and you can't really go wrong.
  • #48,020
  • Apr 2, 2020 1:50pm Apr 2, 2020 1:50pm
Quoting lemercenaire
{quote} Daily High, Low, 50 and 23.6 and you can't really go wrong.
are you talking about throwing a fib on yesterday's range? High, Low, 50 and 23.6?
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