Billytt Die happy trading e/j daily breakout | Page 2431 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #48,601
  • Apr 30, 2020 12:23am Apr 30, 2020 12:23am
That was quick.
Cable 15 minute bar break.
Low broke for +5%

Got out as fast as I could
Now play chase the daily range.
Trade well all.
t 08-24
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,602
  • Apr 30, 2020 2:39am Apr 30, 2020 2:39am
Quoting SunnyCoast
SOUTHERN COMFORT STEP 3: {image} Here we have a simple sessions indicator that I've set to help me see 4 hours of trading (Highs & Lows) on the 1 hour chart. But not just any old 4 hour bars. (Billy's GMT 00:00 really was the inspiration for this part.) These four bars or "sessions" all start from midnight Swiss time. I mean, come on, if anyone knows about time the Swiss do! Plus I have a very interesting conspiracy theory rattling around in my head but that is for another time and another place. To be continued...
You seem to have picked out some 123's there:
https://www.forexfactory.com/showthr...0#post12907910
every Saint has a past. Every Sinner has a Future
  • #48,603
  • Apr 30, 2020 2:42am Apr 30, 2020 2:42am
Quoting turnip15
{quote} You seem to have picked out some 123's there: https://www.forexfactory.com/showthread.php?p=12907910#post12907910

I do admit that that was one of my initial thoughts too, T. Not that there is anything wrong with that. I am sure there is a fractal element in the mix also. Interesting stuff, Sunny...keep it comin'!
  • #48,604
  • Apr 30, 2020 2:44am Apr 30, 2020 2:44am
The DAX has at last closed and held above the major 50-level on the Daily tf. Hopefully this will give us a burst of energy going forward for a while, preferably after a pullback and higher hold.
  • #48,605
  • Apr 30, 2020 2:46am Apr 30, 2020 2:46am
I'm spending my time playing with stuff completely unrelated to my work here, so I am not going to bother posting charts or whatever. Still tickin' over though, so all good.
  • #48,606
  • Apr 30, 2020 2:48am Apr 30, 2020 2:48am
Quoting lemercenaire
{quote}[/highlight][/b][/i] I do admit that that was one of my initial thoughts too, T. Not that there is anything wrong with that. I am sure there is a fractal element in the mix also. Interesting stuff, Sunny...keep it comin'!
It's all good stuff. What I wrote was a compliment. Hope it is seen that way, how interrelated some things are.
every Saint has a past. Every Sinner has a Future
  • #48,607
  • Apr 30, 2020 2:51am Apr 30, 2020 2:51am
Quoting turnip15
{quote} It's all good stuff. What I wrote was a compliment. Hope it is seen that way, how interrelated some things are.
I took it that way - of course, no bad intent. I love it when you get to see how methods overlap and grow from one another.
  • #48,608
  • Apr 30, 2020 2:51am Apr 30, 2020 2:51am
Quoting lemercenaire
The DAX has at last closed and held above the major 50-level on the Daily tf. Hopefully this will give us a burst of energy going forward for a while, preferably after a pullback and higher hold.
Also had a pip-perfect bounce from the Cam-Level this morning.

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H1incCrackingBounceOffPivot30thApril2020.png Size: 44 KB
  • #48,609
  • Apr 30, 2020 2:57am Apr 30, 2020 2:57am
Quoting lemercenaire
{quote} Also had a pip-perfect bounce from the Cam-Level this morning. {image}
Of course, speaking of 1-2-3 trades, that was also one right there.
  • #48,610
  • Apr 30, 2020 3:17am Apr 30, 2020 3:17am
Quoting turnip15
{quote} You seem to have picked out some 123's there: https://www.forexfactory.com/showthr...0#post12907910
Honestly, I actually feel very proud reading your words. That was not my intention at all but if you see it that way that is very good for me, too.
Empty your mind and let the market guide you
  • #48,611
  • Apr 30, 2020 3:19am Apr 30, 2020 3:19am
Back to weeks high area around 2520 area then let NY start the sell off ? Should be a fun afternoon with it being last day of the month too.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(£)H1.png Size: 89 KB
  • #48,612
  • Apr 30, 2020 3:19am Apr 30, 2020 3:19am
Quoting lemercenaire
{quote}[/highlight][/b][/i] I do admit that that was one of my initial thoughts too, T. Not that there is anything wrong with that. I am sure there is a fractal element in the mix also. Interesting stuff, Sunny...keep it comin'!
Thanks Lem.

What I've posted is pretty much about it. Just different heading North or South.

Time to starting posting trades once May gets rolling and then go from there.
Empty your mind and let the market guide you
  • #48,613
  • Apr 30, 2020 3:23am Apr 30, 2020 3:23am
Quoting claudia1
Back to weeks high area around 2520 area then let NY start the sell off ? Should be a fun afternoon with it being last day of the month too. {image}
I did manage to pick up a handful in the space between the pivot and the fib level on Cable there. Bounce, rebound, bounce. All good fun.
  • #48,614
  • Apr 30, 2020 3:26am Apr 30, 2020 3:26am
Quoting SunnyCoast
{quote} Thanks Lem. What I've posted is pretty much about it. Just different heading North or South. Time to starting posting trades once May gets rolling and then go from there.
Good stuff. Looking forward to it.

Can I ask what the internal logic is for what you are looking at? What is driving the movement you are trading? Do you know, or is it simply a repeating pattern you have seen? (Nothing wrong with that if it is, by the way).
  • #48,615
  • Apr 30, 2020 3:34am Apr 30, 2020 3:34am
Quoting lemercenaire
{quote} Good stuff. Looking forward to it. Can I ask what the internal logic is for what you are looking at? What is driving the movement you are trading? Do you know, or is it simply a repeating pattern you have seen? (Nothing wrong with that if it is, by the way).
Yes, that is a very good and difficult question to answer. I like it.

At this point in time, with my limited trading experience and knowledge my answer would be that price is moved up and down the charts looking for order fills, stops, liquidity perhaps a million different reasons but I just want to keep it simple and trade with the short term direction of price after it has done what it needs to do at certain levels or targets.

As far as patterns go I don't see it like that as such. I just draw my lines on the four hour session bars and if they get hit and rejected I want to be in on the momentum that may arise after the dealing is done on the lower timeframes.

I love horizontal lines and how vertical price bars interact with them.
Empty your mind and let the market guide you
  • #48,616
  • Apr 30, 2020 3:34am Apr 30, 2020 3:34am
Quoting SunnyCoast
{quote} Thanks Lem. What I've posted is pretty much about it. Just different heading North or South. Time to starting posting trades once May gets rolling and then go from there.
Oh and one other thing - what you won't get here...never, ever, is negative and destructive comment directed towards any of our crew mates. We're all in this together and have each others' backs at all times.
  • #48,617
  • Apr 30, 2020 3:36am Apr 30, 2020 3:36am
Quoting lemercenaire
{quote} Oh and one other thing - what you won't get here...never, ever, is negative and destructive comment directed towards any of our crew mates. We're all in this together and have each others' backs at all times.
Oh for sure!! I can see that throughout this entire thread.

I think I would be fighting off a pack of hyenas or a flock of galahs if I decided to open a system thread.

Who wants or needs that in their life?
Empty your mind and let the market guide you
  • #48,618
  • Apr 30, 2020 3:39am Apr 30, 2020 3:39am
Quoting lemercenaire
{quote} Oh and one other thing - what you won't get here...never, ever, is negative and destructive comment directed towards any of our crew mates. We're all in this together and have each others' backs at all times.
There is always a first time lol ( joking).
I have learned a lot here. Frequency Distribution for one. I was trading off stats without knowing that it already had a name. FD
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,619
  • Apr 30, 2020 3:39am Apr 30, 2020 3:39am
Quoting SunnyCoast
{quote} Yes, that is a very good and difficult question to answer. I like it. At this point in time, with my limited trading experience and knowledge my answer would be that price is moved up and down the charts looking for order fills, stops, liquidity perhaps a million different reasons but I just want to keep it simple and trade with the short term direction of price after it has done what it needs to do at certain levels or targets. As far as patterns go I don't see it like that as such. I just draw my lines on the four[/highlight]...
If I was to take a wild guess, I'd say you are trading micro S+D zones alongside Wick Zones and the occasional Z-Line. Powerful ju-ju. I like it

(Bear in mind that Wicks are in effect Supply + Demand Zones).
  • #48,620
  • Apr 30, 2020 3:40am Apr 30, 2020 3:40am
Quoting billytt
{quote} There is always a first time lol ( joking). I have learned a lot here. Frequency Distribution for one. I was trading off stats without knowing that it already had a name. FD
Just don't mention the ''B'' word, right Billy!?
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