Billytt Die happy trading e/j daily breakout | Page 2509 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #50,161
  • Jun 10, 2020 2:33am Jun 10, 2020 2:33am
Quoting Davidh061
{quote} Nice one MrC, I'm currently running at -22!
is that -22 on Dax????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,162
  • Jun 10, 2020 2:35am Jun 10, 2020 2:35am
Quoting billytt
{quote} That is a beasty at best of times, take care with it,
Aye, thanks Billy, I think its on a road to nowhere until later and then it will thrash around like a mad bull (or bear) I think I'll leave it for today
Attached Image (click to enlarge)
Click to Enlarge Name: GER30(£)M3 10_06(1).png Size: 50 KB
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,163
  • Jun 10, 2020 2:36am Jun 10, 2020 2:36am
Quoting billytt
{quote} is that -22 on Dax????
Yes -22 on the DAX
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,164
  • Jun 10, 2020 2:38am Jun 10, 2020 2:38am
Quoting Davidh061
I think the DAX is going to be tricky today with the mass of red flags later, looking a very spikey start...
See how it spiked down at 9am dax time to 12670 then shot back up.....this is what always gets me with the dax, it reverses like a rabid dog, I'm always in 2 minds if I'm brave enough to try and grab the reversal....
DAX 1 min chart
Attached Image (click to enlarge)
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used to be undecided but nowadays can't make my mind up
  • #50,165
  • Jun 10, 2020 2:42am Jun 10, 2020 2:42am
Quoting Davidh061
{quote} Aye, thanks Billy, I think its on a road to nowhere until later and then it will thrash around like a mad bull (or bear) I think I'll leave it for today {image}
I think just about the time Lem started trading Dax, (I maybe wrong).

I was trying it out on the 07-55 am bar ,
it was more of a play trade as I remember I wasn't confident enough nor had the stats to trade it big.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,166
  • Jun 10, 2020 2:43am Jun 10, 2020 2:43am
Quoting mrcreosote
{quote} See how it spiked down at 9am dax time to 12670 then shot back up.....this is what always gets me with the dax, it reverses like a rabid dog, I'm always in 2 minds if I'm brave enough to try and grab the reversal.... DAX 1 min chart {image}
Hi MrC, yes it dummied me this morning, I thought is was going to break away from the 12700 zone but it has reversed from the 12750 at which I entered, I was +10 up at one point, but then it bit me...I'll get it!!
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,167
  • Jun 10, 2020 2:47am Jun 10, 2020 2:47am
Quoting Davidh061
{quote} Hi MrC, yes it dummied me this morning, I thought is was going to break away from the 12700 zone but it has reversed from the 12750 at which I entered, I was +10 up at one point, but then it bit me...I'll get it!!
one thing I keep telling myself, once you got + points make sure you don't go negative!!!
Every time the DAX kicks me in the nuts it's cos I let it go like -20 -40 etc when I should have just bailed out OR maybe even just had like -5 or -10 stop loss and just reversed the trade when the SL was hit......I need to experiment more with this approach
used to be undecided but nowadays can't make my mind up
  • #50,168
  • Jun 10, 2020 2:48am Jun 10, 2020 2:48am
Quoting billytt
{quote} I think just about the time Lem started trading Dax, (I maybe wrong). I was trying it out on the 07-55 am bar , it was more of a play trade as I remember I wasn't confident enough nor had the stats to trade it big.
Hi Billy, it was chatting with Lem that got me interested in the DAX, it was very painful at first, a lot of red on my spreadsheet! But a tweak of the Renko bricks and a harsh word or two with myself has improved things greatly and the black outway the red lines and the size of the wins has improved, I can't ask for much more...
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,169
  • Jun 10, 2020 2:51am Jun 10, 2020 2:51am
Quoting Davidh061
{quote} Hi Billy, it was chatting with Lem that got me interested in the DAX, it was very painful at first, a lot of red on my spreadsheet! But a tweak of the Renko bricks and a harsh word or two with myself has improved things greatly and the black outway the red lines and the size of the wins has improved, I can't ask for much more...
that's brill
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,170
  • Jun 10, 2020 2:52am Jun 10, 2020 2:52am
Quoting mrcreosote
{quote} one thing I keep telling myself, once you got + points make sure you don't go negative!!! Every time the DAX kicks me in the nuts it's cos I let it go like -20 -40 etc when I should have just bailed out OR maybe even just had like -5 or -10 stop loss and just reversed the trade when the SL was hit......I need to experiment more with this approach
I normally pull my SL up to break even fairly quickly, I would rather get stooped out at BE than take a hit. I was waiting for it to complete another brick to +20, it nearly did it then snapped back! B*stard!
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,171
  • Jun 10, 2020 2:53am Jun 10, 2020 2:53am
E/U looks like it is going to do something, (don't ask when) I have no idea. lol

edit at 08-54 ...so far 40 range, from my adr of 107. That is a tad big range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,172
  • Jun 10, 2020 2:57am Jun 10, 2020 2:57am
Damn forgot to trade the other end of the Billy Bar, could have had another +5
PS this is my humor I know we have a disco for the rest of the day and wait till tomorrow
Attached Image
used to be undecided but nowadays can't make my mind up
  • #50,173
  • Jun 10, 2020 3:07am Jun 10, 2020 3:07am
Quoting mrcreosote
Damn forgot to trade the other end of the Billy Bar, could have had another +5 PS this is my humor I know we have a disco for the rest of the day and wait till tomorrow {image}
Proper 70s disco, D I S C O yaaaaaaaaaaaaaaaaay,
could do with some Metallica first, I looked after Hetfield a few years ago,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,174
  • Jun 10, 2020 3:10am Jun 10, 2020 3:10am
I think it's a bit early for Metallica Billy?
How about this, fun video and she speaks with an impeccable English accent?
Inserted Video
used to be undecided but nowadays can't make my mind up
  • #50,175
  • Jun 10, 2020 3:21am Jun 10, 2020 3:21am
Actually this one could be good for trading?
Inserted Video
used to be undecided but nowadays can't make my mind up
  • #50,176
  • Jun 10, 2020 3:24am Jun 10, 2020 3:24am
Quoting mrcreosote
Actually this one could be good for trading? https://www.youtube.com/watch?v=tAGnKpE4NCI
Need something really loud - might wake Lem up ...
  • #50,177
  • Jun 10, 2020 3:29am Jun 10, 2020 3:29am
Quoting lddd
GBP/USD 08:15 +5. I am done. {image}
Well done m8..be careful, that's real cash. !!!!
Onwards and upwards...
  • #50,178
  • Jun 10, 2020 3:31am Jun 10, 2020 3:31am
Mr C, trade Dax off the open/low of this bar, lol range approx. 27.
Attached Image


t 09-31
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,179
  • Jun 10, 2020 3:32am Jun 10, 2020 3:32am
Donald index continues in free fall on daily. GBP should rise with next stop 2800 obvious enough.
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  • #50,180
  • Jun 10, 2020 3:38am Jun 10, 2020 3:38am
Quoting claudia1
{quote} Need something really loud - might wake Lem up ...

SHOUT DAX
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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