Billytt Die happy trading e/j daily breakout | Page 2571 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #51,401
  • Jun 30, 2020 10:52pm Jun 30, 2020 10:52pm
Hi all.
Cable & E/U both short, I speak later.
Trade Well All
t 04-52
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,402
  • Jun 30, 2020 11:52pm Jun 30, 2020 11:52pm
Nice easy +10 on the cable break
see you all later at Billy’s breakfast bar!
  • #51,403
  • Jul 1, 2020 12:37am Jul 1, 2020 12:37am
Quoting Nikl
Nice easy +10 on the cable break see you all later at Billy’s breakfast bar!
Hi bud, i took 10 too, it should of been 9 lol.
i am short again just trying to see what i can get, if it moves up i close with 1 or 2, then see what happens.

Same with e/u i got 6,, now short again.
Trade well, good trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,404
  • Jul 1, 2020 2:30am Jul 1, 2020 2:30am
pinch punch first of the month!!
I'm short fiber....thinking I was shorting cable, doh!
used to be undecided but nowadays can't make my mind up
  • #51,405
  • Jul 1, 2020 2:41am Jul 1, 2020 2:41am
EUREX had problems this morning....so IG whacked the spread up to 5 on DAX, bunch of c u next tuesdays....sigh...it's death of a thousand cuts with these gits....
used to be undecided but nowadays can't make my mind up
  • #51,406
  • Jul 1, 2020 2:52am Jul 1, 2020 2:52am
+5, thx
trading is like dancing, don't think and just listen to the music!
  • #51,407
  • Jul 1, 2020 2:53am Jul 1, 2020 2:53am
Billy bar does it again! Congrats Billy!!!
used to be undecided but nowadays can't make my mind up
  • #51,408
  • Jul 1, 2020 3:02am Jul 1, 2020 3:02am
Hi all, as pointed out by some of the family, Cable, 08-00 15 minute bar, low broke for +5%.

it looked like it was going up or even triggering the high then drop, but alas it didn't.

Both cable & e/u bias is short. but it can fail.
i currently have no trades running, but waiting to hopefully short those again again.
Trade well all........
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,409
  • Jul 1, 2020 3:03am Jul 1, 2020 3:03am
Quoting mrcreosote
Billy bar does it again! Congrats Billy!!!
hi Mr C, I almost asked about you yesterday. Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,410
  • Jul 1, 2020 3:09am Jul 1, 2020 3:09am
Cable 08-00 15 minute bar break.
Chart below copied a few minutes ago.
Attached Image


an example of why I look for 5 points.

low broke and made approx. 7 points, then up it went to break high.
it can still be traded but do I need the trouble, lol
I notice 00-00 4 hour range has just broke high too.
t 09-09
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,411
  • Jul 1, 2020 3:18am Jul 1, 2020 3:18am
Quoting billytt
{quote} hi Mr C, I almost asked about you yesterday. Hope you are well.
my head's gone AWOL again I'm on the motivational vids....
In the words of the Disclosure boys' where your focus goes, your energy flows'..
Inserted Video
used to be undecided but nowadays can't make my mind up
  • #51,412
  • Jul 1, 2020 3:24am Jul 1, 2020 3:24am
i shorted the retrace (right?) of the 00-00 H4 lower range (red arrow). it did not reach my TP of +9, so it resulted in a loss (-18)
then i saw the break of the upper range (aqua arrow) and went long double position and out with a profit (+12*2)

ok, a nice profit of +6 pips and some sweating;-)
but what do you think? was it too risky?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1range00-00.png Size: 33 KB
trading is like dancing, don't think and just listen to the music!
  • #51,413
  • Jul 1, 2020 3:34am Jul 1, 2020 3:34am
i've had my curried courgettes, beetroot and sweetcorn for brunch....
Attached Image (click to enlarge)
Click to Enlarge Name: veges.jpeg Size: 78 KB
used to be undecided but nowadays can't make my mind up
  • #51,414
  • Jul 1, 2020 3:42am Jul 1, 2020 3:42am
Quoting Stev1929
{quote} Thats what started it!!!
They are still performing albeit not with the the original members ( Latest gig was making combine harvester 'safety on the farm' video/songs.)

Inserted Video
every Saint has a past. Every Sinner has a Future
  • #51,415
  • Jul 1, 2020 3:54am Jul 1, 2020 3:54am
Quoting birdland
i shorted the retrace (right?) of the 00-00 H4 lower range (red arrow). it did not reach my TP of +9, so it resulted in a loss (-18) then i saw the break of the upper range (aqua arrow) and went long double position and out with a profit (+12*2) ok, a nice profit of +6 pips and some sweating;-) but what do you think? was it too risky? {image}
Hi, to some people that is risky.
To me that was a good trade.
My break of low was 16,
I took 10 off the low break as posted then a second short and I got 1.

Think about, if it moves back up , close your trade for 1 or 2 and then if it goes into m00-00 and breaks low again short it.

ONE THING, I do not want to contradict myself, sometimes I say we can enter a retrace trace. that is once the price goes back into the 00-00 range we short.
It is better to do just before high is broken, this way we lose less if it fails.
There is no set rule to trade this, it is more hit and miss, BUT you lose less if it fails.

Good Trade Bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,416
  • Jul 1, 2020 3:58am Jul 1, 2020 3:58am
Quoting mrcreosote
i've had my curried courgettes, beetroot and sweetcorn for brunch.... {image}
In Oz they call courgettes Zucchini..been here 12 years & I still call em Courgettes..haha.
Onwards and upwards...
  • #51,417
  • Jul 1, 2020 3:58am Jul 1, 2020 3:58am
Quoting billytt
{quote} 7 spread, really???? mine is just below 1, and if I trade hard they put it up a bit lol. I am not complaining, take it as overhead.
who's that with Billy? That's the DAX in case you forgot...
used to be undecided but nowadays can't make my mind up
  • #51,418
  • Jul 1, 2020 4:07am Jul 1, 2020 4:07am
Quoting mrcreosote
{quote} who's that with Billy? That's the DAX in case you forgot...
erm cable & e/u .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,419
  • Jul 1, 2020 4:15am Jul 1, 2020 4:15am
I am currently shorting e/u. off retrace trade . 00-00 area.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,420
  • Jul 1, 2020 4:15am Jul 1, 2020 4:15am
Quoting billytt
{quote} Hi, to some people that is risky. To me that was a good trade. My break of low was 16, I took 10 off the low break as posted then a second short and I got 1. Think about, if it moves back up , close your trade for 1 or 2 and then if it goes into m00-00 and breaks low again short it. ONE THING, I do not want to contradict myself, sometimes I say we can enter a retrace trace. that is once the price goes back into the 00-00 range we short. It is better to do just before high is broken, this way we lose less if...
good quote, thx!
trading is like dancing, don't think and just listen to the music!
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