Billytt Die happy trading e/j daily breakout | Page 2572 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #51,421
  • Jul 1, 2020 4:21am Jul 1, 2020 4:21am
Quoting billytt
{quote} erm cable & e/u .
OK......soccerfan said he had a 7 spread on Dax, then you said yours was less than 1......I was getting 'spread envy' again lol
I thought you were with IG who used to have a fixed spread of 1 til the wuflu came along and the min now appears to be 1.2......
used to be undecided but nowadays can't make my mind up
  • #51,422
  • Jul 1, 2020 4:22am Jul 1, 2020 4:22am
Quoting birdland
{quote} good quote, thx!
Hi B,
Example and this can/does happen.
you are short, it moves up so you close for 1 or 2, it then drops.
What do you do?????
This is slightly hit and miss.
actually e/u has just done.
t 10-22

edit...… AND,,,,, keep your eye on the daily range too.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,423
  • Jul 1, 2020 4:32am Jul 1, 2020 4:32am
Quoting mrcreosote
{quote} OK......soccerfan said he had a 7 spread on Dax, then you said yours was less than 1......I was getting 'spread envy' again lol I thought you were with IG who used to have a fixed spread of 1 til the wuflu came along and the min now appears to be 1.2......
not to my knowledge..
as long as I see more ££ at end of trading I don't really look, lol.

Like last week, I said ,I pay tax on spread betting, (not spreadex) as posted yesterday lol.
Claudia put me right, my accountant probably knows. I leave them to it,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,424
  • Jul 1, 2020 4:37am Jul 1, 2020 4:37am
E/U look at e/u so far, made 29, my adr is 66, and the shortest daily bar for the last 5 days is 44 range.
The 00-00 4 hour range is 13.
now work out the maths, lol
t 10-37
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,425
  • Jul 1, 2020 5:05am Jul 1, 2020 5:05am
This is something I do, and have posted about it.
E/U 2 hour chart, I put the adr area black line on, adr = 66.
I also put the lowest daily range bar for the last 5 days on =A.
44 is the lowest bar in the last 2 months, the 50 x 2
Attached Image


no trades on now. just watching.
t 11-05
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,426
  • Jul 1, 2020 5:05am Jul 1, 2020 5:05am
Quoting soccerfan
{quote} Like this ??? Nice one. Thanks Lem..  {image}
Yep, that'll be the one
  • #51,427
  • Jul 1, 2020 5:06am Jul 1, 2020 5:06am
Quoting lemercenaire
{quote} Yep, that'll be the one
pssssst, charge him Lem.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,428
  • Jul 1, 2020 5:12am Jul 1, 2020 5:12am
Quoting billytt
{quote} pssssst, charge him Lem.
He's paying me in zuch...err, courgettes
  • #51,429
  • Jul 1, 2020 5:16am Jul 1, 2020 5:16am
Cable, 2 hour chart.
so far 50 range, adr = 113.
tell me this cannot be traded, if you long and it fails, you should still win, and vice versa.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,430
  • Jul 1, 2020 5:43am Jul 1, 2020 5:43am
Quoting lemercenaire
{quote} He's paying me in zuch...err, courgettes
you must take them orally though, not the Aussie way, lol.... (((JOKING)))
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,431
  • Jul 1, 2020 8:19am Jul 1, 2020 8:19am
Quick Note:

The US Non-farm Employment Change announcement is normally held the 1st Friday of the month. US banks will be closed this Friday so the announcement has been moved up to Thursday morning (tomorrow).
every Saint has a past. Every Sinner has a Future
  • #51,432
  • Jul 1, 2020 8:20am Jul 1, 2020 8:20am
maybe this is of use for somebody reading quiet here. i do a lot of failure-trades for scalping. this was good for +7.

after two TL broke on the m1, they went back into the area before the break with a big bar (aqua arrow).
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1failure.png Size: 39 KB
trading is like dancing, don't think and just listen to the music!
  • #51,433
  • Jul 1, 2020 9:03am Jul 1, 2020 9:03am
Had a bit of down time before work this morning. Saw some nice bullish momentum pre-market for US30 and made a killing scalping some longs around the pivot R1, mR1 and some whole numbers. feels good to be in front of the charts again
  • #51,434
  • Jul 1, 2020 9:11am Jul 1, 2020 9:11am
Quoting BrokeCollege
Had a bit of down time before work this morning. Saw some nice bullish momentum pre-market for US30 and made a killing scalping some longs around the pivot R1, mR1 and some whole numbers. feels good to be in front of the charts again
Nice one B, good trades.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,435
  • Edited 10:28am Jul 1, 2020 10:01am | Edited 10:28am
Looking through some old indies and I came across one that draws lines at highs and lows
It only went down to H1 so I've hacked it to draw a line on the M15 wey hey!
It does other timeframes too, by default H4 is displayed....
The M15 line it draws is a bit shite for some reason lol....you need to go to the 1 minute time frame and zoom in to see it properly lol
Source code here, no guarantees given
Edit: false alarm, it's drawing M5 lines.....back to the drawing board....
Edit again: fixed it, give this a go.......
Attached File(s)
File Type: mq4 hlz.mq4   20 KB | 187 downloads
used to be undecided but nowadays can't make my mind up
  • #51,436
  • Jul 1, 2020 10:53am Jul 1, 2020 10:53am
Billy what were the stats on Inside Bar breakouts? See this, cable 1min chart, a 15min IB broke then broke the 'mother bar' too lol #pondering
EDIT: not only did it break the Mother Bar but the retrace hit the original high perfectly
Attached Image
used to be undecided but nowadays can't make my mind up
  • #51,437
  • Jul 1, 2020 10:56am Jul 1, 2020 10:56am
Quoting mrcreosote
Billy what were the stats on Inside Bar breakouts? See this, cable 1min chart, a 15min IB broke then broke the 'mother bar' too lol #pondering EDIT: not only did it break the Mother Bar but the retrace hit the original high perfectly {image}
inside bars are 4 hour and daily., I do nothing less.
I honestly do not think you can trade them consistently.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,438
  • Jul 1, 2020 11:06am Jul 1, 2020 11:06am
IB BREAKOUT! lol
This time on EU - watch where it goes.....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2020-07-01_18-05-24.png Size: 5 KB
used to be undecided but nowadays can't make my mind up
  • #51,439
  • Jul 1, 2020 11:14am Jul 1, 2020 11:14am
Quoting billytt
{quote} inside bars are 4 hour and daily., I do nothing less. I honestly do not think you can trade them consistently.
i agree with you. long, long time ago i tried h1 IBs. its not tradeable like u said, its just a valueable information i use.
trading is like dancing, don't think and just listen to the music!
  • #51,440
  • Jul 1, 2020 11:18am Jul 1, 2020 11:18am
Another one cable!! IB breakout AND the mother bar......I could scalp these all day for a few pips? hmmmmmm
used to be undecided but nowadays can't make my mind up
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