Billytt Die happy trading e/j daily breakout | Page 2538 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #50,741
  • Jun 23, 2020 2:18am Jun 23, 2020 2:18am
Quoting billytt
and yes, I am short e/u off the 04-00 2 hour bar, and it looks unwell lol.. lets see. t 07-38
that short was a fail, but the high break fixed it, lol

edit , the 04-00 2 bar low was a fail, but it was fixed off the 06-00 2 hour bar lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,742
  • Jun 23, 2020 2:18am Jun 23, 2020 2:18am
GU 08:00 +1% (7,2 Pips). Trade took 3 seconds

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  • #50,743
  • Jun 23, 2020 2:19am Jun 23, 2020 2:19am
Cable, 08-00 15 minute bar break, Highy broke +5%, and Stu it was quick beep beep, Road Runner.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,744
  • Jun 23, 2020 2:20am Jun 23, 2020 2:20am
that m15 08-00 bar break was too fast for me due to red Euro news...i let it pass
trading is like dancing, don't think and just listen to the music!
  • #50,745
  • Jun 23, 2020 2:21am Jun 23, 2020 2:21am
Quoting birdland
that m15 08-00 bar break was too fast for me due to red Euro news...i let it pass
and don't forget, it could well of dropped.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,746
  • Jun 23, 2020 2:42am Jun 23, 2020 2:42am
Cable, is still in the 00-00 4 hour bar range.

E/U has broken the High of the 00-00 area.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,747
  • Jun 23, 2020 2:45am Jun 23, 2020 2:45am
missed the rocket....then missed the retrace cos I thought I had 'missed it'
Must remember, always time for another bus and bloody CONCENTRATE!!
Must admit though I'm getting rather peed off with IG varying the spread between 0.9 and 1.5......I might have to look for another broker.....yes they do say a bad workman blames his tools
RED LINE for retrace trade, Billy would/did you trade that?
Good trading y'all!!
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used to be undecided but nowadays can't make my mind up
  • #50,748
  • Jun 23, 2020 2:45am Jun 23, 2020 2:45am
Quoting ia1979
{quote} I like this sort of math
the actual range was 71, lol. So we take todays actual adr of 128, and subtract 71 from it. 128-71 =57.
we have 57 to play for,
Realistically, I will not be doing that, but trade off the 2 bar.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,749
  • Jun 23, 2020 2:47am Jun 23, 2020 2:47am
Quoting mrcreosote
missed the rocket....then missed the retrace cos I thought I had 'missed it' Must remember, always time for another bus and bloody CONCENTRATE!! Must admit though I'm getting rather peed off with IG varying the spread between 0.9 and 1.5......I might have to look for another broker.....yes they do say a bad workman blames his tools RED LINE for retrace trade, Billy would/did you trade that? Good trading y'all!! {image}
until that 00-00 4 hour area breaks, it can go anywhere.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,750
  • Jun 23, 2020 2:52am Jun 23, 2020 2:52am
Quoting billytt
{quote} until that 00-00 4 hour area breaks, it can go anywhere.
So as a 'generalisation' are you saying it's 'range bound' and only finds 'direction' for the day once the 00-00 4 hour bar is broken?
used to be undecided but nowadays can't make my mind up
  • #50,751
  • Jun 23, 2020 2:54am Jun 23, 2020 2:54am
TO ADD: I know that 4 hour bar is a big bugger today but that appears to be because some yankee geezer opened his trap about US China trade shenanigans......
used to be undecided but nowadays can't make my mind up
  • #50,752
  • Jun 23, 2020 2:57am Jun 23, 2020 2:57am
DAX is off....
Attached Image
used to be undecided but nowadays can't make my mind up
  • #50,753
  • Jun 23, 2020 3:01am Jun 23, 2020 3:01am
Look at that for resistance becomes support! EU 5 min
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used to be undecided but nowadays can't make my mind up
  • #50,754
  • Jun 23, 2020 3:04am Jun 23, 2020 3:04am
Quoting billytt
{quote} until that 00-00 4 hour area breaks, it can go anywhere.
Morning Billy,

You looking to go long GU if it goes beyond 125.06? (H4 range break)
  • #50,755
  • Jun 23, 2020 3:07am Jun 23, 2020 3:07am
Quoting mrcreosote
DAX is off.... {image}
Morning MrC, aye it's off for a gallop, finally broke through the range and choppy-ness of last week which doesn't suit my style of trading and suddenly its above 12500! Big drop in the early hours presumably to do with the China-US shenanigans you mentioned earlier, let's see were it goes...
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,756
  • Jun 23, 2020 3:07am Jun 23, 2020 3:07am
Quoting mrcreosote
{quote} So as a 'generalisation' are you saying it's 'range bound' and only finds 'direction' for the day once the 00-00 4 hour bar is broken?
erm, until the range is broken, it isn't/hasn't gone anywhere.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,757
  • Jun 23, 2020 3:10am Jun 23, 2020 3:10am
Quoting Barraka
{quote} Morning Billy, You looking to go long GU if it goes beyond 125.06? (H4 range break)
no, I am already long off the 06-00 2 hour bar, high at 12476 lol.
BUT 12507 is the 00-00 4 bar high, it is a genuine long entruy.
like I say, I am already in with a small trade.
trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,758
  • Jun 23, 2020 3:12am Jun 23, 2020 3:12am
Quoting Barraka
{quote} Morning Billy, You looking to go long GU if it goes beyond 125.06? (H4 range break)
cable, high just hit, I adjusted black adr line showing high/low.
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t 09-12
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,759
  • Jun 23, 2020 3:36am Jun 23, 2020 3:36am
Quoting billytt
{quote} erm, until the range is broken, it isn't/hasn't gone anywhere.
yes that's what I'm saying too!
BUT you yourself are proving rather successfully that you can 'trade noise' with the 8am 15min break!
EDIT: dunno what I'm trying to say here, bottom line, it might have 'gone nowhere' but 10 pips a day is all you need to 'get rich' lol
used to be undecided but nowadays can't make my mind up
  • #50,760
  • Jun 23, 2020 3:55am Jun 23, 2020 3:55am
Quoting mrcreosote
{quote} yes that's what I'm saying too! BUT you yourself are proving rather successfully that you can 'trade noise' with the 8am 15min break! EDIT: dunno what I'm trying to say here, bottom line, it might have 'gone nowhere' but 10 pips a day is all you need to 'get rich' lol
And that's the point many people miss. They think they have to strive for home runs of 60 or more pips per trade. Statistics are against them but greed or pure ignorance leads them astray.
every Saint has a past. Every Sinner has a Future
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