Billytt Die happy trading e/j daily breakout | Page 2564 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #51,261
  • Jun 29, 2020 2:40am Jun 29, 2020 2:40am
If we are already short, it should go to a resistance area, on paper it should.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,262
  • Jun 29, 2020 2:40am Jun 29, 2020 2:40am
Quoting billytt
{quote} I look at the break line, a high break line, and a low break line. I TRADE OFF LINES, I do not look at or for anything else. If I did, I would never ever have a trade to do.
Yep.
  • #51,263
  • Jun 29, 2020 2:42am Jun 29, 2020 2:42am
Morning Billy.

Took my first BB break, +6p. Had a SL at 10p, still not sure how I would play the counter when price reverses though.
Also, price now back in the Asia range.

Attached Image (click to enlarge)
Click to Enlarge Name: GU.PNG Size: 38 KB
  • #51,264
  • Jun 29, 2020 2:50am Jun 29, 2020 2:50am
Quoting billytt
{quote} I look at the break line, a high break line, and a low break line. I TRADE OFF LINES, I do not look at or for anything else. If I did, I would never ever have a trade to do.
best sentence! I often thought that in the past...
trading is like dancing, don't think and just listen to the music!
  • #51,265
  • Jun 29, 2020 2:59am Jun 29, 2020 2:59am
Quoting birdland
{quote} best sentence! I often thought that in the past...
In the past I have said, and still will do.

if you have a break , example the 00-00 4 hour, it should continue to the next resistance/support level.
That is when I say, I am following the market makers/big guys.
With the 08-00 break, this doesn't really happen, because it is in out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,266
  • Jun 29, 2020 2:59am Jun 29, 2020 2:59am
Quoting Barraka
Morning Billy. Took my first BB break, +6p. Had a SL at 10p, still not sure how I would play the counter when price reverses though. Also, price now back in the Asia range. {image}
if in doubt stay out, I might be best is you kept the stop.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,267
  • Jun 29, 2020 3:44am Jun 29, 2020 3:44am
Bias for cable is long, but I shorted it off the 06-00 2 bar lol. doing well.

Same with e/u. bias is long and again I went short off the 06-00 2 hour bar, But it isn't doing too well , lol
That is a cheeky trade with low risk,
t 09-44
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,268
  • Jun 29, 2020 4:04am Jun 29, 2020 4:04am
Quoting billytt
Bias for cable is long, but I shorted it off the 06-00 2 bar lol. doing well. Same with e/u. bias is long and again I went short off the 06-00 2 hour bar, But it isn't doing too well , lol That is a cheeky trade with low risk, t 09-44
Hey Billy looks like cable bias is about to change to short. I shorted it from the upper wick zone to the lower one (open) for +25.
aaaand I'm short. lets see how it goes

Edit out for +7
  • #51,269
  • Jun 29, 2020 4:12am Jun 29, 2020 4:12am
Quoting Nikl
{quote} Hey Billy looks like cable bias is about to change to short. I shorted it from the upper wick zone to the lower one (open) for +25. aaaand I'm short. lets see how it goes Edit out for +7
Be careful as Bank of England guy is due to speak in 20 minutes.
  • #51,270
  • Jun 29, 2020 4:12am Jun 29, 2020 4:12am
Shorted GU again, break of the 08:00 H1 bar. 11pips on TP1, 22p on TP2. With an 11p SL so 1.5R on this one.

Attached Image (click to enlarge)
Click to Enlarge Name: GU2.PNG Size: 43 KB
  • #51,271
  • Jun 29, 2020 4:13am Jun 29, 2020 4:13am
Quoting claudia1
{quote} Be careful as Bank of England guy is due to speak in 20 minutes.
Thanks Claudia! thats me done now for the minute got to make dinner
cheers
  • #51,272
  • Jun 29, 2020 4:15am Jun 29, 2020 4:15am
i shorted also the 00-00 4H lower range break, out for +5 because of this BOE-guy orange news speak.
trading is like dancing, don't think and just listen to the music!
  • #51,273
  • Jun 29, 2020 4:20am Jun 29, 2020 4:20am
first attempt trading wick zones 4 wins and 2 losses
something else to add to the arsenal

Edit : should add that its cable and the zones are from the 00-00 H4 bar
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_3580285_GBPUSD_2020-06-29_17-16-43.png Size: 39 KB
  • #51,274
  • Jun 29, 2020 5:04am Jun 29, 2020 5:04am
Quoting Nikl
{quote} Hey Billy looks like cable bias is about to change to short. I shorted it from the upper wick zone to the lower one (open) for +25. aaaand I'm short. lets see how it goes Edit out for +7
I was short from 30 points ago lol. off 06-00 2 bar. I did post that.
now the 00-00 4hour low has broke, so bias is short.
take no prisoners today.
I was short with e/u but that went up so am long . but will close any time as I am in profit and its fixed, yaaaay.
Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,275
  • Jun 29, 2020 5:17am Jun 29, 2020 5:17am
Cable, 00-00 4 hour bar.
the high broke then dropped down to break low,
Lets see what happens.
watch adr too.
t 11-47
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,276
  • Jun 29, 2020 5:18am Jun 29, 2020 5:18am
AND, as pointed out by someone,, we are on inside bars from Friday.
pssssst, I did know, lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,277
  • Jun 29, 2020 6:19am Jun 29, 2020 6:19am
I am finished now, that e/u short which reversed up was fixed plus interest, lol
Cable, crucified .
yaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,278
  • Jun 29, 2020 6:55am Jun 29, 2020 6:55am
Quoting billytt
I am finished now, that e/u short which reversed up was fixed plus interest, lol Cable, crucified . yaaaaaaaaaaaaaaaaaaaay
Nice At what price level did you close your EU short?
  • #51,279
  • Jun 29, 2020 7:29am Jun 29, 2020 7:29am
Quoting Barraka
{quote} Nice At what price level did you close your EU short?
Hi B, hope you are well.
I entered long at 00-00 high break No1. took some points.
at No 2 i went short, but up it went,

i went long off N0 2 the 08-00 2 hour bar. i was approx. minus 20 points. i got out about 15 points later, ( i had increased my trade size).
all happy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,280
  • Jun 29, 2020 7:34am Jun 29, 2020 7:34am
last week when I posted about trading Dax off the 15 minute bar from 08-00 until 10-00.
some one pinged saying they had done it today. lol.
WOW, they must of taken some points. lol.
I wasn't happy when they asked what sort of stop to use, lol .
The Beast ????????? stop, no idea.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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