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Billytt Die happy trading e/j daily breakout

  • #51,141
  • Jun 26, 2020 5:03am Jun 26, 2020 5:03am
Quoting birdland
{quote} i was massive short and because of the TL-break i also took BillysBar from the downside for another +8, thx. {image}
nice one, I was short cable off the 00-00 4 hour low. plus the 06-00 2 bar low kicked in, and the 08-00 2 bar low, lol
If we get the retrace we can long off the 08-00 2 bar,
OR dont foregt, we are still short bias.
it sounds confusing, but if you keep the trades seperate, it will work out.
its like earlier, i was short and long with cable, all sorted. happy days.
t 11-03
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,142
  • Jun 26, 2020 5:27am Jun 26, 2020 5:27am
Attached Image
Cable chart, copied a few minutes ago.
No 1, hi broke then retrace to break low No2.
Look at No3 the 08-00 2 hour bar.
This is worth a short, lets go for it, IT's FRIDAY.
we have lots to play for, and yes, IT CAN FAIL, but we are traders lol.
t 11-27
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,143
  • Jun 26, 2020 5:28am Jun 26, 2020 5:28am
Hi Billy,

You forgot the chart
  • #51,144
  • Jun 26, 2020 5:31am Jun 26, 2020 5:31am
Cable, I have adjusted the Black adr line, showing where the adr low is at time of posting, you never know, it could hit it or , take a few more.
Attached Image
[attach]
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,145
  • Jun 26, 2020 5:32am Jun 26, 2020 5:32am
Quoting Barraka
Hi Billy, You forgot the chart
Thanks B, I am always doing it. hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,146
  • Jun 26, 2020 5:41am Jun 26, 2020 5:41am
If Cable retraces back into 00-00 4 hour range, as it is right now, we have a bit of a dilemma??????
Do long off the 08-00 2 hour bar. DONT FORGET the bias is short, OR do we keep hold and see if it drops again.
Both ways can be played.
t 11-41
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,147
  • Jun 26, 2020 5:55am Jun 26, 2020 5:55am
Quoting billytt
If Cable retraces back into 00-00 4 hour range, as it is right now, we have a bit of a dilemma?????? Do long off the 08-00 2 hour bar. DONT FORGET the bias is short, OR do we keep hold and see if it drops again. Both ways can be played. t 11-41
My bias at 8:15am was short as well so didn't consider a long trade. It made the 5 pips regardless lol. Most people will never understand trading long and short at the same time but it goes to show that different entry points and different time frames can result in both trades being profitable.
  • #51,148
  • Jun 26, 2020 6:04am Jun 26, 2020 6:04am
Quoting ia1979
{quote} My bias at 8:15am was short as well so didn't consider a long trade. It made the 5 pips regardless lol. Most people will never understand trading long and short at the same time but it goes to show that different entry points and different time frames can result in both trades being profitable.
But I did that today, 08-00 15 bar was a high break, so went long, at same time I was already short off the 00-00 4 hour bar.

2 different trades, and again, I kept them separate. I could of had one guy in a office trading long, and another in another office trading short.
The breaks I am playing with, but the main one the 08-00 I hit hard.
I have the stats, some times as has happened just lately I get better odds, and yes they too can fail.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,149
  • Jun 26, 2020 6:06am Jun 26, 2020 6:06am
The 10-00 2 hour bar, the high has just broke, do we long?????? I have left it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,150
  • Jun 26, 2020 6:06am Jun 26, 2020 6:06am
Quoting billytt
If Cable retraces back into 00-00 4 hour range, as it is right now, we have a bit of a dilemma?????? Do long off the 08-00 2 hour bar. DONT FORGET the bias is short, OR do we keep hold and see if it drops again. Both ways can be played. t 11-41
I'm short with a pending 15 pip counter, I'm not familiar with trading 2HR.... may I ask what made you look into them (on MT4 I'm brainwashed into 5min/15min/1hr/4hr/1day etc..)

Cheers
  • #51,151
  • Jun 26, 2020 6:09am Jun 26, 2020 6:09am
Quoting Fagin
{quote} I'm short with a pending 15 pip counter, I'm not familiar with trading 2HR.... may I ask what made you look into them (on MT4 I'm brainwashed into 5min/15min/1hr/4hr/1day etc..) Cheers
Hi Fagin, I love the name, hope you are well.
I look at charts like reading a book, I see anomalies, or repeating things,

I wouldn't trade any/every 2 hour, but the times are right and the stats.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,152
  • Jun 26, 2020 6:14am Jun 26, 2020 6:14am
Quoting billytt
{quote} Hi Fagin, I love the name, hope you are well. I look at charts like reading a book, I see anomalies, or repeating things, I wouldn't trade any/every 2 hour, but the times are right and the stats.
Ha! I like to fly under the radar and nobble a few rich Victorian folk now and again.. hopefully they work for Barclays or RBS or IG...

I am well thanks hope you are too.
  • #51,153
  • Jun 26, 2020 6:15am Jun 26, 2020 6:15am
4hr andddd... were off! (hopefully...)!!
  • #51,154
  • Jun 26, 2020 6:42am Jun 26, 2020 6:42am
I have finished. yaaaaaaaaaaaaaaaaaaaaaaaay,
Cable, we still have a lot to play IF, I say IF. it moves, obviously lol.
same with e/u.
Maybe when US opens?

now my weekend begins....
Trade well guys if you are still trading.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,155
  • Jun 26, 2020 6:46am Jun 26, 2020 6:46am
Quoting billytt
I have finished. yaaaaaaaaaaaaaaaaaaaaaaaay, Cable, we still have a lot to play IF, I say IF. it moves, obviously lol. same with e/u. Maybe when US opens? now my weekend begins.... Trade well guys if you are still trading.
Still in it,...will trail now and then I'm done.

Have a great weekend everyone.

Cheers

F
  • #51,156
  • Jun 26, 2020 6:48am Jun 26, 2020 6:48am
People, once in trades it is very hard to focus.
We have a break and we start to make money, Then we think, OH , what if it retraces and we lose it.
I still do it, it is human nature.
Its even worse on a Friday lol.
But have faith, confidence, patience.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,157
  • Jun 26, 2020 7:01am Jun 26, 2020 7:01am
@ Lem - 14.25 Doncaster handicap paying 4 places. You'll see my selection for an e/w at big price.

Started using skybet again - took a withdrawal to card yesterday was in the account in an hour !
  • #51,158
  • Jun 26, 2020 7:17am Jun 26, 2020 7:17am
Hi all, missed the mornings drop on the DAX that Billy referred to, currently BE +2 locked
Attached Image (click to enlarge)
Click to Enlarge Name: GER30(£)M3 26_06(1).png Size: 25 KB
Everything should be made as simple as possible, but no simpler - Einstein
  • #51,159
  • Jun 26, 2020 7:24am Jun 26, 2020 7:24am
Quoting Davidh061
Hi all, missed the mornings drop on the DAX that Billy referred to, currently BE +2 locked {image}
Oh well, +2 it is
Everything should be made as simple as possible, but no simpler - Einstein
  • #51,160
  • Jun 26, 2020 7:29am Jun 26, 2020 7:29am
Quoting Davidh061
{quote} Oh well, +2 it is
David, hope your well.
I was going to scalp Dax off the 15 minute bar from 08-00 to 10-00,
I decided against it as I was only really trying to look good to this guy I know, it actually would of worked out brilliant. Just check yourself.

So I decided to do it with Cable, lol,
I was just looking at e/u that too looks good, but its acting odd.
I will leave it, but right now t 13-28 is short, maybe a cheeky short on retrace at 11222, which it is right now.
I am not doing it.
t 13-29
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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