Billytt Die happy trading e/j daily breakout | Page 2448 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #48,941
  • May 15, 2020 6:15am May 15, 2020 6:15am
Hi all. Hope everyone is well.
Cable, 08-00 15 min break. High broke for +5%.
I also traded e/u off the 00-00 4 bar. This started with a long then short and long again. I did quite well and fixed it.
Same with Cable, all ok.
Trade Well All.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,942
  • May 15, 2020 6:35am May 15, 2020 6:35am
G'Day, all.

Had planned to get on something this morning but best laid plans and all that.

So as I now need to head out for supplies, that'll be me for the day/week.

Will check in when I get back but till then, drive safe!
  • #48,943
  • May 15, 2020 6:54am May 15, 2020 6:54am
UC Banked +27
EJ Banked + 16
  • #48,944
  • May 15, 2020 7:10am May 15, 2020 7:10am
Quoting SunnyCoast
{quote}{quote} Thanks Billy. Words much appreciated. NO trading for me today. I'm off in to the backyard (literally) to go camping. If I make it back will see you all on Monday for some May madness.

Where does one find that indicator that turns from red to green etc that looks like a single moving avg? Thanks in advance
  • #48,945
  • May 15, 2020 7:13am May 15, 2020 7:13am
Quoting sheppy
{quote} Where does one find that indicator that turns from red to green etc that looks like a single moving avg? Thanks in advance
Paperclip. "Slope Direction"
  • #48,946
  • May 15, 2020 7:59am May 15, 2020 7:59am
Quoting RieseP
LONG U/C - Price found support at S38 1.4020 - Price is above 21 and 50ema - Price is above Daily Pivot - Price is above Inchimoku Cloud Target just below R38 These only be two trades for me today

Hello Riese. Just curioust about it: Can i see your chart / tpl? Thank you
  • #48,947
  • May 15, 2020 8:35am May 15, 2020 8:35am
Quoting MrGreen95
{quote} Hello Riese. Just curioust about it: Can i see your chart / tpl? Thank you
Im out at the moment away from charts. Buts fairly simple nothing complicated.

Daily Fib Pivots
Moving Averages 21 and 50Ema
Inchimoka Cloud only.
Daily high and low.
15 min chart

Its very much in infant stages. So I wouldn’t look into it too much.
  • #48,948
  • May 15, 2020 2:37pm May 15, 2020 2:37pm
Just been reminded that I hadn't posted any music yet - so here ya' go...Quite apt title.

Have a grand weekend all. See y'all on the other side.

Inserted Video
  • #48,949
  • May 15, 2020 3:45pm May 15, 2020 3:45pm
@Claudia. Just been announced racing resumes in Ireland on June 8th - behind closed doors but still real action!
  • #48,950
  • May 15, 2020 4:19pm May 15, 2020 4:19pm
Quoting sheppy
{quote} Where does one find that indicator that turns from red to green etc that looks like a single moving avg? Thanks in advance
Hi Sheppy.

Sorry "work" had me MIA.

Hopefully you got hooked up.
Empty your mind and let the market guide you
  • #48,951
  • May 15, 2020 4:20pm May 15, 2020 4:20pm
Quoting 1kato
{quote} Paperclip. "Slope Direction"
Cheers for that.

Nice assist. Much appreciated.
Empty your mind and let the market guide you
  • #48,952
  • May 15, 2020 6:59pm May 15, 2020 6:59pm
Quoting lemercenaire
Night Shift cont'd but winding down now... Triple-Dip via The DAX. Heavy Sauce on top. DAX 1-min Off we go... {image} Two bagged, one to go... {image} Third done. {image}
Lem,

I am trying to understand your logic here:
Attached Image (click to enlarge)
Click to Enlarge Name: ger30 m1.PNG Size: 35 KB


lime lines are your entries
crimson lines are your TP (approx. 100,50,35 - preset?)
vert lines are your screenshots
thick black line = Daily Open

Very Volman like - double doji at 20 ema, (first break?)
Also 20 ema down=sell and retest of Daily Open and 200 sma

Further features:
mini S&D - handdrawn?
indicator - M1 TMA MACD - also down - you obviously find it useful, otherwise it would not be on there: less is more

What fascinated me most was the time, just after Tokyo Open, perfect for us antipodians!

Your comments would be much appreciated.
  • #48,953
  • May 15, 2020 7:39pm May 15, 2020 7:39pm
Quoting ikdenk
{quote} Lem, I am trying to understand your logic here:{image} lime lines are your entries crimson lines are your TP (approx. 100,50,35 - preset?) vert lines are your screenshots thick black line = Daily Open Very Volman like - double doji at 20 ema, (first break?) Also 20 ema down=sell and retest of Daily Open and 200 sma Further features: mini S&D - handdrawn? indicator - M1 TMA MACD - also down - you obviously find it useful, otherwise it would not be on there: less is more What fascinated me most was the time, just after Tokyo Open, perfect...
Hi there.

You've got it pretty much nailed.

All my scalping will have its base in Volman. Here, the main points on top of that will be:

Price below 200ma.
Directional Bias Short.
Pull back to ma after momentum.

I can't remember if this was also a Buy Zone trade, or at least a continuation. If so, I would be trading away from the Weekly Open. I didn't give any consideration to the Daily Open...probably should have.

Depending on your broker, you often find a good surge of adrenaline comes into The DAX around this time. (Also can cause gaps after the close down period re-opens but that's another story).

All of this feeds into my looking for a couple of pips at a time, no more usually and I will pile in very, very heavily.

Those tp lines are guestimates of where I reckon price will get to to give me what I want. I will be just as happy to close the trades manually if I feel the need. These tp lines are also often also a marker for S+D zone edges on other time frames. As a result, some will be close, some farther away. None are set in stone.

I also can't remember but I did use a Dead Man's Stop on a set of trades this week. This is still rare for me but my computer was warning me that it was due a restart for a major update and I wanted to make sure it didn't do so and kick me out of my broker with me having no disaster protection - this was also why I used the set tp levels tbh.

Hope some of that helps.

I will also obviously have info coming in from other screens - bias as a major one - but I don't include all of the layers here, as it just gets confusing.
  • #48,954
  • May 16, 2020 2:50am May 16, 2020 2:50am
Quoting lemercenaire
@Claudia. Just been announced racing resumes in Ireland on June 8th - behind closed doors but still real action!
There's racing all over - the French went back on Monday. Got an accumulator on today (ITV7 + Sky Bet) at Salon-De-Provence at around 30000/1 lol. This is pure gambling but still fun.

Seems like Boris is a few weeks behind the rest of the world in whatever he does in this mess. If the pubs/bars miss the summer a lot won't open again and more jobs gone. Oh well Boris knows best.
  • #48,955
  • May 16, 2020 3:07am May 16, 2020 3:07am
Quoting lemercenaire
{quote} Hi there. You've got it pretty much nailed. All my scalping will have its base in Volman. ...................
Thanks for your response, Lem. Much appreciated as always.
  • #48,956
  • Edited 7:17am May 16, 2020 6:37am | Edited 7:17am
GBPUSD H1 - breaked the range and starts bending. I'd like to sell it on the highest correction point
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  • #48,957
  • May 16, 2020 6:58am May 16, 2020 6:58am
Nashville time

Inserted Video
  • #48,958
  • May 16, 2020 7:07am May 16, 2020 7:07am
Quoting MrGreen95
GBPUSD H1 - breaked the range and starts bending. I'd like to sell it on the highest correction point {image}
You may well be right. Unless something silly happens GU should be testing 2000 next week which is obviously a big number.
  • #48,959
  • May 16, 2020 8:01am May 16, 2020 8:01am
Quoting claudia1
{quote} You may well be right. Unless something silly happens GU should be testing 2000 next week which is obviously a big number.
When I see GU have small retracement at the daily pivot and shoots down I always think Claudia had a good day. Yesterday should be fairly easy day for you.
  • #48,960
  • May 16, 2020 8:09am May 16, 2020 8:09am
Quoting RieseP
{quote} When I see GU have small retracement at the daily pivot and shoots down I always think Claudia had a good day. Yesterday should be fairly easy day for you.
Yep my sort of day - as you've figured out. Got out too early as usual but that's ok. Friday's can be funny as Lem points out.
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