Billytt Die happy trading e/j daily breakout | Page 2587 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #51,721
  • Jul 7, 2020 8:35pm Jul 7, 2020 8:35pm
Quoting soccerfan
Anyone viewing at UK time 1am.?? 10am here in Australia, Tokyo open, same Billybar type set up, It has been doing well ..done well this morning too{image}
Missed ya'. Here at 02:35 but just passing through.

So Aussie Billy Bar could be a winner then?

Kl kl.
  • #51,722
  • Jul 8, 2020 12:14am Jul 8, 2020 12:14am
aussie trading? to early for me. i need my sleep for the pound;-)
trading is like dancing, don't think and just listen to the music!
  • #51,723
  • Jul 8, 2020 12:36am Jul 8, 2020 12:36am
Quoting ia1979
{quote} Kind of the same as you Billy. Made money during the day but then decided after 4pm it was time to short Cable. Of course I shorted and it went up to touch almost 1.26. Put on a panic hedge (bought right at the top) and lo and behold it started dropping. I should have come to the party 30 minutes later lol. Will clear this deficit tomorrow hopefully. Down about 15 pips (large lot trade). Will try the Claudia special break of the hourly bar and aim for the pivot.
Hi Bud, Cable going long was ideal, we even had the 00-00 4hour bar range breaking.
I originally failed on the 08-00 15 bar low break and it is no problem.
As I say, I keep trades separate, I was/am down approx £1100 off the 08-00 break but I actually made more on the (other Longs).

Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,724
  • Jul 8, 2020 12:36am Jul 8, 2020 12:36am
Quoting lemercenaire
{quote} Missed ya'. Here at 02:35 but just passing through. So Aussie Billy Bar could be a winner then? Kl kl.
Yes.. middle of the night up there..!!!
I am trying to make it work with my simple plan,
So far
Back test, great ...live trade 12 easy win, 6 to fix,...or take on the chin..!!
I shall persevere..
Onwards and upwards...
  • #51,725
  • Jul 8, 2020 12:38am Jul 8, 2020 12:38am
E/U I am Long off the 00-00 4 hour bar.
I almost didn't trade it.
If it drops I will obviously be looking at the low break of 00-00 bar, BUT also the 2 hour bar/s looking for 9 to start with.
my adr is 81 and the 00-00 range is 17.
Trade well all.
t 06-38
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,726
  • Jul 8, 2020 12:40am Jul 8, 2020 12:40am
Quoting birdland
aussie trading? to early for me. i need my sleep for the pound;-)
That is why I originally never traded off the 00-00 bar OR made sure I always slept from 00-00 to 07-00ish,
that has now gone out of the window.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,727
  • Jul 8, 2020 12:53am Jul 8, 2020 12:53am
Cable, 00-00 4hour bar break.
nothing happening yet. range is 31 and my adr is 88, another low one.
chart is 2 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 08 A.png Size: 19 KB

t 06-53

edit, black adr area line, is showing 50%
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,728
  • Jul 8, 2020 1:08am Jul 8, 2020 1:08am
e/u trade, closed and short, and almost fixed,yaaaaaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,729
  • Jul 8, 2020 1:09am Jul 8, 2020 1:09am
Quoting billytt
{quote} Hi Bud, Cable going long was ideal, we even had the 00-00 4hour bar range breaking. I originally failed on the 08-00 15 bar low break and it is no problem. As I say, I keep trades separate, I was/am down approx £1100 off the 08-00 break but I actually made more on the (other Longs). Trade well.
it took me some years to understand that importance, but it is essential. nowadays it happens that i am both long and short and both positions i close with a profit.
its just a psychological thing...
trading is like dancing, don't think and just listen to the music!
  • #51,730
  • Jul 8, 2020 1:19am Jul 8, 2020 1:19am
Quoting birdland
{quote} it took me some years to understand that importance, but it is essential. nowadays it happens that i am both long and short and both positions i close with a profit. its just a psychological thing...
you see, my main trade is 12 times bigger than my smaller trade.
For the past few weeks I have had a problem,

I trade 00-00 4 hour bar,,,, so I say it has a bias blah blah,
If high breaks ,it is a ;long bias and vice versa if it drops.

BUT I also trade off the 2 hour bar, so I might be long off the 00-00 and short off the 2 bar lol.
These have to be kept separate, in the past I would of had someone helping me , which I have posted in the past.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,731
  • Jul 8, 2020 1:45am Jul 8, 2020 1:45am
Quoting billytt
{quote} you see, my main trade is 12 times bigger than my smaller trade. For the past few weeks I have had a problem, I trade 00-00 4 hour bar,,,, so I say it has a bias blah blah, If high breaks ,it is a ;long bias and vice versa if it drops. BUT I also trade off the 2 hour bar, so I might be long off the 00-00 and short off the 2 bar lol. These have to be kept separate, in the past I would of had someone helping me , which I have posted in the past.
i understand,
so it isnt really a problem, you are joking, right?
trading is like dancing, don't think and just listen to the music!
  • #51,732
  • Jul 8, 2020 1:59am Jul 8, 2020 1:59am
Quoting birdland
{quote} i understand, so it isnt really a problem, you are joking, right?
Believe me, it is no problem....
I expect to fail , I do not mean I want to fail.

It is like a machine, I enter a trade, if it makes x I close trade.
If it doesn't go to plan I carry out the trade , or let it progress to the next part.

Like most things in life, the worlds best boxer might get punched a couple of times then win, a terrorist might attack a place before getting taken out, it happens.
Nothing is perfect.
Trade well .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,733
  • Jul 8, 2020 2:10am Jul 8, 2020 2:10am
Quoting billytt
{quote} Believe me, it is no problem.... I expect to fail , I do not mean I want to fail. It is like a machine, I enter a trade, if it makes x I close trade. If it doesn't go to plan I carry out the trade , or let it progress to the next part. Like most things in life, the worlds best boxer might get punched a couple of times then win, a terrorist might attack a place before getting taken out, it happens. Nothing is perfect. Trade well .
yes, ok then i understood you right. back to trading...
trading is like dancing, don't think and just listen to the music!
  • #51,734
  • Jul 8, 2020 2:20am Jul 8, 2020 2:20am
Long CABLE - bought the break of the 4 hour bar.....
used to be undecided but nowadays can't make my mind up
  • #51,735
  • Jul 8, 2020 2:21am Jul 8, 2020 2:21am
EU was a good long - last 2 x 4 hour bar highs virtually the same level.....
used to be undecided but nowadays can't make my mind up
  • #51,736
  • Jul 8, 2020 2:27am Jul 8, 2020 2:27am
Damn I've let a winner go into drawdown.....this is where the psychology gets interesting.....
used to be undecided but nowadays can't make my mind up
  • #51,737
  • Jul 8, 2020 2:33am Jul 8, 2020 2:33am
Not showing on FF calendar but UK chancellor has a mini-budget today which to him means how much can I spend. Could send things a bit funny.
  • #51,738
  • Jul 8, 2020 2:34am Jul 8, 2020 2:34am
that EU double bar break...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2020-07-08_09-32-59.png Size: 5 KB
used to be undecided but nowadays can't make my mind up
  • #51,739
  • Jul 8, 2020 2:35am Jul 8, 2020 2:35am
Cable, 08-00 break.
high broke ,
so far I have 5% , that is 2% for today and 3% for the fail yesterday, lol, so now I am -6% from yesterday.
t 08-35
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,740
  • Jul 8, 2020 2:37am Jul 8, 2020 2:37am
U/Cad worth a watch for later with crude inventories for US released at 15.30 BST. I'll shut up and go check the horses out.
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