Billytt Die happy trading e/j daily breakout | Page 2595 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #51,881
  • Jul 9, 2020 6:41pm Jul 9, 2020 6:41pm
Quoting lemercenaire
{quote} Well, put it this way - and this is also for SF as I promised - The Buy Zone runs a trigger Long and Short, placed 7 pips away from the day's clock change - so Midnight - and trade away from the Weekly Open. Bish-Bash-Bosh. Cash Machine.
If i remember correctly a certain someone tried something like this on the ES and called it tramlines. Maybe its a bit muddy, but theres that.
  • #51,882
  • Jul 9, 2020 6:53pm Jul 9, 2020 6:53pm
Quoting ia1979
{quote} Take it if 1 order gets triggered and then reverses before TP is hit, and triggers the other side, probably best to take off the TP from both open positions? So that you stay in this hedge, and can unwind the 14 point deficit later in the day?
That's where the art comes into the science. You know the size of move The DAX makes through the day, so if you leave them hedged/countered, then you can see how one leg will be a hefty size positive, the other (roughly) the same negative.

It would be sensible, I would think you'd agree, to look at how The DAX moves through the day, especially at and around The Dead Zone/US Open and well, if you see it often reverses there, even partly, then a good plan would be to let both run till then, before closing out the one going your way, then maximising the negative one as it begins to reverse against itself, reducing that negative as it goes.

Yes?
  • #51,883
  • Jul 9, 2020 6:54pm Jul 9, 2020 6:54pm
Quoting lemercenaire
{quote} That's where the art comes into the science. You know the size of move The DAX makes through the day, so if you leave them hedged/countered, then you can see how one leg will be a hefty size positive, the other (roughly) the same negative. It would be sensible, I would think you'd agree, to look at how The DAX moves through the day, especially at and around The Dead Zone/US Open and well, if you see it often reverses there, even partly, then a good plan would be to let both run till then, before closing out the one going your way, then maximising...
Ahh when I could stay up all night I would do that with the Billy Bar. Absolutely gut wrenching
  • #51,884
  • Jul 9, 2020 6:55pm Jul 9, 2020 6:55pm
Quoting soccerfan
{quote} My Dax is opening in 50 mins...at 1:15 UK time
Ah, you have a broker who closes the desk. That can change things - but I honestly don't know how. You'll have to suck it and see.
  • #51,885
  • Jul 9, 2020 6:56pm Jul 9, 2020 6:56pm
Quoting BrokeCollege
{quote} If i remember correctly a certain someone tried something like this on the ES and called it tramlines. Maybe its a bit muddy, but theres that.

Yep, he did. It was a cross-breed of The Buy Zone and The Witching Hour. Worked very well too.
  • #51,886
  • Jul 9, 2020 7:06pm Jul 9, 2020 7:06pm
Quoting lemercenaire
{quote} Yep, he did. It was a cross-breed of The Buy Zone and The Witching Hour. Worked very well too.
Yes...Dax opens at Tokyo +15 mins...my new best friend time..I shall flip between screens...what can go wrong..!!
The ES..??? Pray tell..
Onwards and upwards...
  • #51,887
  • Jul 9, 2020 7:06pm Jul 9, 2020 7:06pm
Guys, to take this to its extreme - and this continues the Random Walk theme we touched on earlier - you could (and yes, before anyone asks, I have done this) immediately enter a Buy and a Sell at the open (of whatever) and then simply run with it as above. That double set - a close-cropped locked-in counter - becomes your first line-in-the-sand and you manage it all from there, adding in and maximising the first real momo move and closing that and working the retreating negative leg.

Rinse, repeat.

Great fun.
  • #51,888
  • Jul 9, 2020 7:08pm Jul 9, 2020 7:08pm
Quoting soccerfan
{quote} Yes...Dax opens at Tokyo +15 mins...my new best friend time..I shall flip between screens...what can go wrong..!! The ES..??? Pray tell..
S&P500 emini futures.
  • #51,889
  • Jul 9, 2020 7:13pm Jul 9, 2020 7:13pm
Quoting soccerfan
{quote} Yes...Dax opens at Tokyo +15 mins...my new best friend time..I shall flip between screens...what can go wrong..!! The ES..??? Pray tell..
Went Long first.

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.M5asBuyZone9th-10thJuly-WentLongToBegin.png Size: 39 KB


Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H1asBZ9th-10thJuly2020WentLong.png Size: 42 KB
  • #51,890
  • Jul 9, 2020 7:16pm Jul 9, 2020 7:16pm
Quoting lemercenaire
{quote} Went Long first. {image} {image}
Should be noted that price is now sitting at a Z-Line Kill-Zone, which is a motley crew of Opens and Closes.

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.H1-asPriceReachesACollectionOfOpensAndCloses9th-10thJuly2020.png Size: 43 KB
  • #51,891
  • Jul 9, 2020 7:25pm Jul 9, 2020 7:25pm
AJ and GU are looking like good contenders.
  • #51,892
  • Jul 9, 2020 7:27pm Jul 9, 2020 7:27pm
Quoting lemercenaire
AJ and GU are looking like good contenders.
EA has already bagged. NU could go also.
  • #51,893
  • Jul 9, 2020 7:33pm Jul 9, 2020 7:33pm
Before I go for now, here's how today's Dead Zone went, once again via UC.

Time had clicked over into today and the indi has moved on, so here I have added the blue zone to show its position. Would have been a cracker.

Do I need to confirm that Bias was Long?

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1asDZ-VoodooLongBias9thJuly2020.png Size: 44 KB
  • #51,894
  • Jul 9, 2020 7:46pm Jul 9, 2020 7:46pm
Quoting lemercenaire
{quote} Should be noted that price is now sitting at a Z-Line Kill-Zone, which is a motley crew of Opens and Closes. {image}
My other broker is open at your midnight + 15..yay..i can persevere..!
Cheers
Onwards and upwards...
  • #51,895
  • Jul 9, 2020 7:55pm Jul 9, 2020 7:55pm
A quick jump onto some MOMO and a nice easy +8.6 to start (end? lol) the day.

NDX100 1-min Kijun-sen +8.6

Attached Image (click to enlarge)
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  • #51,896
  • Jul 9, 2020 8:09pm Jul 9, 2020 8:09pm
Those Buy Zone notes:

DAX tp hit.

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30.M5asBZ9th-10thJuly2020tpHit.png Size: 40 KB


AJ tp hit.

Attached Image (click to enlarge)
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GU tp hit Short - Bias, however is Long.

Attached Image (click to enlarge)
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NU tp hit Short - Bias is once again, Long however.

Attached Image (click to enlarge)
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  • #51,897
  • Jul 9, 2020 9:51pm Jul 9, 2020 9:51pm
I don't know what are you talking about. This is just an advertisement, not a professional analysis.It's of no use to everyone.
  • #51,898
  • Jul 9, 2020 10:51pm Jul 9, 2020 10:51pm
Morning all.
Wow, we have had some excellent posts in here.

So far today nothing has happened for me.
BUT, it is still only 04-50 am.
Trade Well All.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,899
  • Jul 9, 2020 10:53pm Jul 9, 2020 10:53pm
Quoting chowkim
I don't know what are you talking about. This is just an advertisement, not a professional analysis.It's of no use to everyone.
Hi C, welcome.
Not sure what or to whom your question is directed at.
But it is a bad start.
Trade Well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #51,900
  • Jul 9, 2020 11:44pm Jul 9, 2020 11:44pm
E/U I am short. Trading off the 02-00 2 hour bar.
I have all day.

Hoping to get onto Cable shortly.
Trade Well All.
t 05-44
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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