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Billytt Die happy trading e/j daily breakout

  • #49,121
  • Edited 3:26pm May 21, 2020 3:11pm | Edited 3:26pm
I Post some charts tomorrow. I might be trading it wrong and if that’s the case I just have to trade right......... Let me explain


Let’s say E/U today.. Around NY open we had a Pin Bar at R61 and the Kumo Cloud was down below the reversal (RED) So all thou trend was up....... we had resistance and price return to daily pivot.

So if we have support or resistance and Kumo cloud matches above/below the price and not future kumo cloud. we enter a trade as-long price is 61+

we not interested in anything in-between 38. We want outer zones as this means reversal more likely and there more meat on the table. Or vegetables if your a vegan.

price stalls at 61/78/100 the Kumo Cloud is negative/downtrend/decline red we short. We can get a tighter stop-loss.

This is also important I believe some will disagree with using indicators but it might be a good filter it actually worked brilliant on E/J today.

Stochastic oscillator 5,3,3 only trade on crossover above 80 —— below 20.


I would be going against the herd which is the way we win.

Today would played well.

E/U E/J. UK100 and US30 4/4 The set ups might be rare but it may play out to be solid.

Check JPN225 now


Found Support at S61
Kumo Cloud is Green/Uptrend
CrossOver Stoch below 20
Target Just before DP

SL - Just below S61.......

It early days don’t look into too much. But the something to crack here and I don’t want is but there’s a pattern no 1 discovered I believe
  • #49,122
  • May 21, 2020 11:03pm May 21, 2020 11:03pm
EU reversal, just after the hour....are reversals more likely to happen around 'the hour'?
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used to be undecided but nowadays can't make my mind up
  • #49,123
  • May 21, 2020 11:09pm May 21, 2020 11:09pm
Quoting RieseP
but there’s a pattern no 1 discovered I believe
No disrepect, I just like to play devils advocate sometimes....but you understand Pareidolia? this guy lives on mars!
Attached Image

So maybe if you discovered an 'unknown pattern' none of the algos would be trading it so maybe stick to 'known patterns'?
used to be undecided but nowadays can't make my mind up
  • #49,124
  • May 21, 2020 11:12pm May 21, 2020 11:12pm
Sizeable drop on DAX overnight.....
Lem do you ever look at US futures first thing particularly if you're gonna trade DAX or would you say it's just a distraction?
Thanks!
Edit: OIL has had a big dump overnight so that's probably taken the Indices down with it? Check me out, I'm actually starting to sound like I might know something about how the markets move hahahaha
used to be undecided but nowadays can't make my mind up
  • #49,125
  • May 22, 2020 12:29am May 22, 2020 12:29am
Hi guys and gal,
We are having some good input here. Yaaay.
Cable & E/U. Both 00-00 4 bar broke for 15 & 10, I know they went more but who cares ?
Main trade Cable 08-00 15 break. Low broke for +5%.
I am done now.
Warm just wondering what to do now.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,126
  • May 22, 2020 12:35am May 22, 2020 12:35am
Quoting mrcreosote
{quote} No disrepect, I just like to play devils advocate sometimes....but you understand Pareidolia? this guy lives on mars! {image} So maybe if you discovered an 'unknown pattern' none of the algos would be trading it so maybe stick to 'known patterns'?
Hi M,. hope you are well.
I use stats,. If you put one stat against another stat we have an outcome.
That is primarily how I trade.
Maybe patterns do the same? Just saying.
Also, a short sighted person sees something's not clear but knows through memory.BUT put specs on and Voila.
Trade well. Stay Safe
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,127
  • May 22, 2020 12:42am May 22, 2020 12:42am
Quoting billytt
Hi guys and gal, We are having some good input here. Yaaay. Cable & E/U. Both 00-00 4 bar broke for 15 & 10, I know they went more but who cares ? Main trade Cable 08-00 15 break. Low broke for +5%. I am done now. Warm just wondering what to do now.
top trading Billy, I can't see how you got the break of the 8am 15 min bar!? I'm beginning to think Billy is actually a robot!
As I type the 15 min bar has well and truly broken....
used to be undecided but nowadays can't make my mind up
  • #49,128
  • May 22, 2020 12:57am May 22, 2020 12:57am
Quoting mrcreosote
{quote} top trading Billy, I can't see how you got the break of the 8am 15 min bar!? I'm beginning to think Billy is actually a robot! As I type the 15 min bar has well and truly broken....
I do trade like a robot but light years slower
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,129
  • May 22, 2020 2:42am May 22, 2020 2:42am
Need to turn little blue box into an ea (Lem rolls eyes - yep here we go again lol).
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  • #49,130
  • May 22, 2020 2:47am May 22, 2020 2:47am
DAX areas of interest?
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used to be undecided but nowadays can't make my mind up
  • #49,131
  • May 22, 2020 2:49am May 22, 2020 2:49am
Quoting claudia1
Need to turn little blue box into an ea (Lem rolls eyes - yep here we go again lol).
Lol, I take it you never kissed and made up with your German friend? I think she was German....
Re your chart, the little blue box, midnight to 4am bars?
used to be undecided but nowadays can't make my mind up
  • #49,132
  • May 22, 2020 2:53am May 22, 2020 2:53am
Quoting mrcreosote
{quote} Lol, I take it you never kissed and made up with your German friend? I think she was German....
Never mind Germany it's New Zealand I need in the form of Hanover. He could create that ea in minutes. I'll ask you never know.
  • #49,133
  • May 22, 2020 3:18am May 22, 2020 3:18am
Quoting claudia1
{quote} Never mind Germany it's New Zealand I need in the form of Hanover. He could create that ea in minutes. I'll ask you never know.
He's posting helpful stuff again just now, so you never know. Flutter those eye lashes!
  • #49,134
  • May 22, 2020 3:21am May 22, 2020 3:21am
Quoting mrcreosote
Sizeable drop on DAX overnight..... Lem do you ever look at US futures first thing particularly if you're gonna trade DAX or would you say it's just a distraction? Thanks! Edit: OIL has had a big dump overnight so that's probably taken the Indices down with it? Check me out, I'm actually starting to sound like I might know something about how the markets move hahahaha
Rarely. Doesn't seem much point.

Don't get me wrong, if I'm twiddling my thumbs, I'll rotate a chart through but it would need to be right there and then.

If I was so inclined, I will use Diffs rather than single instruments.
  • #49,135
  • May 22, 2020 3:21am May 22, 2020 3:21am
Quoting lemercenaire
{quote} He's posting helpful stuff again just now, so you never know. Flutter those eye lashes!
I know - I saw he has done some work for T's new friend Laura. Can but ask.
  • #49,136
  • May 22, 2020 3:24am May 22, 2020 3:24am
Quoting claudia1
{quote} I know - I saw he has done some work for T's new friend Laura. Can but ask.
''T and Laura, sittin' in a tree, kay eye ess ess eye en geee!!!''
  • #49,137
  • May 22, 2020 3:26am May 22, 2020 3:26am
Quoting claudia1
Need to turn little blue box into an ea (Lem rolls eyes - yep here we go again lol). {image}
Cable could be setting up for a Demand Clear Out (Check 12 hr Chart). If it blows, it'll be big. Traps are set
  • #49,138
  • May 22, 2020 3:27am May 22, 2020 3:27am
Quoting lemercenaire
{quote} ''T and Laura, sittin' in a tree, kay eye ess ess eye en geee!!!''
Lol can't wait for Mr T's response should be funny.
  • #49,139
  • May 22, 2020 3:28am May 22, 2020 3:28am
Quoting lemercenaire
{quote} Cable could be setting up for a Demand Clear Out (Check 12 hr Chart). If it blows, it'll be big. Traps are set
Just took an easy 20. Out until NY as usual at the moment.
Attached Image (click to enlarge)
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  • #49,140
  • May 22, 2020 3:34am May 22, 2020 3:34am
Quoting lemercenaire
{quote} ''T and Laura, sittin' in a tree, kay eye ess ess eye en geee!!!''
Quelle surprise, there are some nutters on that thread! Another guy had a go at me....when I posted clarification he deleted his post!
Need to practice the deep breathing exercises...in....out......in.....out......
used to be undecided but nowadays can't make my mind up
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