Billytt Die happy trading e/j daily breakout | Page 2549 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #50,961
  • Jun 24, 2020 9:14pm Jun 24, 2020 9:14pm
Quoting claudia1
Try breaks of the 1h on cable. Easy 30 to 40 a day at the moment. {image}
Hi Claudia,

When you trade breaks of 1h cable, what is your TP? and when the trade is going against you, you put hard SL on the opposite bar?
PIVOT Return This Year: na
  • #50,962
  • Jun 24, 2020 11:16pm Jun 24, 2020 11:16pm
Hi all.
Cable & e/u. Both short. I am looking for 13 & 8 points to start.
I entered both on a retrace.
So low broke then retrace back into 00-00 range. I then entered.
This is slightly different from trading off a straight break.
Lets see.
Trade Well All
t 05-15
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,963
  • Jun 24, 2020 11:18pm Jun 24, 2020 11:18pm
Quoting turnip15
{quote} Billy ,you have patiently tried to answer many questions from this unfortunate man. You are aware the befuddled fellow has failed to master the truism that theory alone ( asking lots of questions and reading) without practice, will lead to growing confusion in his mind and no improvement in his trading fortunes ( evidenced by his several started threads and eleven years of running around in a circular sea of confusion with no marked improvement in skill to justify such time expended.) Maybe he might, eventually, realise the futility of flitting...
WOW, Mr T, the rhetoric cuts like a sabre through a ripened melon. Yaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,964
  • Jun 24, 2020 11:22pm Jun 24, 2020 11:22pm
Quoting ia1979
{quote} Let me try and address your confusion here. I too, was in the same boat at the start. People think the purpose of the counter is to try and get out of the losing trade. That's not the case here. The purpose of the counter is to hold the loss in place. You could easily use a stop loss (should definitely use a stop loss to start with, until very experienced). Now that the trade is held in a 15 pip loss (or whatever that number is), Billy and others here choose to forget about it for now. They then look for different triggers on the same day,...
Quite a good explanation bud. Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,965
  • Jun 25, 2020 12:41am Jun 25, 2020 12:41am
Hi all.cable chart copied a few minutes ago.
00-00 range is 26, my adr is 132.
low broke and I am short, BUT I have entered a Long /counter off the 04-00 2 hour bar.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 25 06 A.png Size: 15 KB

Black adr high/low line is placed so you can see 50% of the range to aim for.
t 06-42

edit. e/u is the same.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,966
  • Jun 25, 2020 12:45am Jun 25, 2020 12:45am
we need to go down!! now LOL
  • #50,967
  • Jun 25, 2020 12:47am Jun 25, 2020 12:47am
stop is at 124294
  • #50,968
  • Jun 25, 2020 1:06am Jun 25, 2020 1:06am
Quoting sheppy
we need to go down!! now LOL
The big guys are going Long, my bias is short for the time being,

I am short cable and e/u but I was long/counter off the 04-00 2 hour bar.
Like yesterday, I am playing this like playing on Play station/x box lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,969
  • Jun 25, 2020 1:38am Jun 25, 2020 1:38am
Quoting dimash0609
{quote} Hi Claudia, When you trade breaks of 1h cable, what is your TP? and when the trade is going against you, you put hard SL on the opposite bar?
It's not so complicated. I'll take anything from 1 pip upwards.

I'm looking for bigger moves like yesterday. Rarely use hard stop loss broker knows where to hit you then and spreads seem to widen - it's like a magnet.
  • #50,970
  • Jun 25, 2020 1:44am Jun 25, 2020 1:44am
got out minimal damage
  • #50,971
  • Jun 25, 2020 1:51am Jun 25, 2020 1:51am
Quoting billytt
{quote} The big guys are going Long, my bias is short for the time being, I am short cable and e/u but I was long/counter off the 04-00 2 hour bar. Like yesterday, I am playing this like playing on Play station/x box lol.
Been in a tight range of around 27 for more than 12 hours now. This should be a good day going down. Check your mail.
  • #50,972
  • Jun 25, 2020 1:52am Jun 25, 2020 1:52am
Quoting sheppy
got out minimal damage
Hi Bud, hope you are well.

are you saying you were short cable, with a stop,
it went up and you got out??
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,973
  • Jun 25, 2020 2:11am Jun 25, 2020 2:11am
Morning Billy,

A question that popped to my mind: When the BB forms inside the asia range (H4 00:00) which itself hasn't clearly been broken, like it's happening today, does this give better odds of the BB break continuing further? Or is it not something you pay attention to?
  • #50,974
  • Jun 25, 2020 2:18am Jun 25, 2020 2:18am
DAX!!!! +100!!!! I didn't trade it
used to be undecided but nowadays can't make my mind up
  • #50,975
  • Jun 25, 2020 2:19am Jun 25, 2020 2:19am
Hi all,

DAX sliding, I should have let the trade run to the 12000 level, +20 pips (5 pip bricks, grey line entry point):
Attached Image (click to enlarge)
Click to Enlarge Name: GER30(£)M3 25_06.png Size: 27 KB
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,976
  • Jun 25, 2020 2:20am Jun 25, 2020 2:20am
GU 08:00

Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2020-06-25 um 09.18.38.png Size: 47 KB


High triggered

Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2020-06-25 um 09.20.54.png Size: 55 KB
  • #50,977
  • Jun 25, 2020 2:21am Jun 25, 2020 2:21am
On a more serious note, I made on the BB again yesterday but then got raped on the DAX trying to buy the dip....again
OK SO....BB is buy at 2427....interesting cos yesterday the buy was 2527, exactly 100 difference...
Good luck to all!!!!!
used to be undecided but nowadays can't make my mind up
  • #50,978
  • Jun 25, 2020 2:23am Jun 25, 2020 2:23am
cable 08-00 15 min bar break
High broke lol, I wasn't expecting that.

anyway I am long, see what happens.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,979
  • Jun 25, 2020 2:25am Jun 25, 2020 2:25am
Quoting Barraka
Morning Billy, A question that popped to my mind: When the BB forms inside the asia range (H4 00:00) which itself hasn't clearly been broken, like it's happening today, does this give better odds of the BB break continuing further? Or is it not something you pay attention to?
hi bud, hope all is well.

normally when this happens we have good odds, but not today lol.
I will explain later, as I am currently trading. this break long.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,980
  • Jun 25, 2020 2:29am Jun 25, 2020 2:29am
Quoting mrcreosote
DAX!!!! +100!!!! I didn't trade it
Morning MrC, yes I seem to have left a lot behind
Everything should be made as simple as possible, but no simpler - Einstein
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