Billytt Die happy trading e/j daily breakout | Page 2615 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #52,281
  • Jul 16, 2020 12:56am Jul 16, 2020 12:56am
e/u similar to cable.
chart is 2 hour. 00-00 range is 18, my adr is 76.
adr Black Line showing 50% of adr.
Attached Image

t 06-56
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,282
  • Jul 16, 2020 1:08am Jul 16, 2020 1:08am
time now 07-05,
chart below, if price moves up , to adr high
Attached Image (click to enlarge)
Click to Enlarge Name: gu C.png Size: 20 KB
or, below, if price moves down. to adr low.
Attached Image

last 5 daily range are 69 - 98 - 116 - 95 - 86.

edit, and/or look for clues, pivots, etc
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,283
  • Jul 16, 2020 1:31am Jul 16, 2020 1:31am
Quoting billytt
{quote} Double your lot size or increase it with smaller amount. using winnings. If you have a set method it is easier to do, ie , i do it off the 00-00 and 08-00 bar. If i tried it off 12-00 i would be lost. Trade well.
All good here thanks...trading well and enjoying the thread...never s dull moment..!!! Cheers
Onwards and upwards...
  • #52,284
  • Jul 16, 2020 1:33am Jul 16, 2020 1:33am
Quoting soccerfan
{quote} All good here thanks...trading well and enjoying the thread...never s dull moment..!!! Cheers
yes indeed, always something happening here.
We even speak trading sometimes lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,285
  • Jul 16, 2020 1:36am Jul 16, 2020 1:36am
cable, showing a couple of levels,
look for r1 si etc, daily pivot etc, all clues. inside bars etc.
Attached Image (click to enlarge)
Click to Enlarge Name: gu levels.png Size: 32 KB

that is the easy par, yaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,286
  • Jul 16, 2020 1:55am Jul 16, 2020 1:55am
i have closed my cable and e/u shorts for a handful of points.

i will be back in when uk opens, plus i will be trading my main trade cable 08-00 15 minute bar break,

It looks like down, but i always prefer to follow the market makers.
t 07-55
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,287
  • Jul 16, 2020 2:15am Jul 16, 2020 2:15am
where will it go,???? i prefer down.
t 08-15
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,288
  • Jul 16, 2020 2:16am Jul 16, 2020 2:16am
it might be like yesterday, (i think) , break high then bounce down off 00-00 low.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,289
  • Jul 16, 2020 2:17am Jul 16, 2020 2:17am
cable, i am long

edit, i will manually adjust the range of the 08-00 bar from 8,, to 15, this will give me more chance if it does fail.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,290
  • Jul 16, 2020 2:20am Jul 16, 2020 2:20am
me too, i see also parallels to yesterday;-)
trading is like dancing, don't think and just listen to the music!
  • #52,291
  • Jul 16, 2020 2:28am Jul 16, 2020 2:28am
Quoting failinforex
{quote} Is it the settlement of EURODOLLAR interest rate, not EURUSD
No it's GBPUSD.
  • #52,292
  • Jul 16, 2020 2:28am Jul 16, 2020 2:28am
Cable, 08-00 15 min bar break.
+5% made, yaaaaaaaaaaaaay, actually i got +6% as i closed my first trade for +1 then got back in for 5.
it did bounce off the 00-00 low.
NOW , i want it to drop.
t 08-28
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,293
  • Jul 16, 2020 2:29am Jul 16, 2020 2:29am
Quoting birdland
me too, i see also parallels to yesterday;-)
it will always spook me if i see a 00-00 high/low around.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,294
  • Jul 16, 2020 2:35am Jul 16, 2020 2:35am
Attached Image (click to enlarge)
Click to Enlarge Name: HsShtRu.png Size: 41 KB
should have caught another 20pips
finger too slow

still not used to staring at the screen cos catching 20pips or is this scalping is something new to me.
I prefer the pot of gold.

btw this is not 08:15 method
  • #52,295
  • Jul 16, 2020 2:37am Jul 16, 2020 2:37am
Quoting failinforex
{image}should have caught another 20pips finger too slow still not used to staring at the screen cos catching 20pips or is this scalping is something new to me. I prefer the pot of gold. btw this is not 08:15 method
20 pips is the pot of gold, make that consistently and you can retire.
More is not always the best.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,296
  • Jul 16, 2020 2:39am Jul 16, 2020 2:39am
Quoting billytt
{quote} 20 pips is the pot of gold, make that consistently and you can retire. More is not always the best.
I cannot load the close all script, got to close one at a time. each time 2 dialogue box before it closed.
  • #52,297
  • Jul 16, 2020 2:40am Jul 16, 2020 2:40am
Quoting billytt
Cable, 08-00 15 min bar break. +5% made, yaaaaaaaaaaaaay, actually i got +6% as i closed my first trade for +1 then got back in for 5. it did bounce off the 00-00 low. NOW , i want it to drop. t 08-28
My TP was just hit. Trigger fingers must be slower than yours. Cheers Billy. After the stressful day I had yesterday, I needed a nice edge to get my 5 pips today and that's exactly what happened. That's my day done. Will probably come back later to hunt the ADR and aim for either 1.26 or 1.25, based on hourly breaks.

Edit: 24 trades yesterday to get to breakeven. One trade today to hit profit .
  • #52,298
  • Jul 16, 2020 2:44am Jul 16, 2020 2:44am
Quoting billytt
{quote} it will always spook me if i see a 00-00 high/low around.
yes, i had no good feeling. i did a quick backtesting and overall the 00-00 in front has no influence on the outcome of 08-15 bar. so its just a felling...


today it worked for me for +9, because i saw a major TL in front and the break gave me a little more;-)

thx.
trading is like dancing, don't think and just listen to the music!
  • #52,299
  • Jul 16, 2020 2:56am Jul 16, 2020 2:56am
Quoting ia1979
{quote} My TP was just hit. Trigger fingers must be slower than yours. Cheers Billy. After the stressful day I had yesterday, I needed a nice edge to get my 5 pips today and that's exactly what happened. That's my day done. Will probably come back later to hunt the ADR and aim for either 1.26 or 1.25, based on hourly breaks. Edit: 24 trades yesterday to get to breakeven. One trade today to hit profit .
what can i say?, been there done it, lol

as posted, Forget stats, i was still spooked when i see a break of 08-00 hit a high/low of the 00-00 4 hour bar. and i always will.

IF,,,, i were compounding i would never take a trade where this happened.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,300
  • Jul 16, 2020 2:57am Jul 16, 2020 2:57am
Quoting birdland
{quote} yes, i had no good feeling. i did a quick backtesting and overall the 00-00 in front has no influence on the outcome of 08-15 bar. so its just a felling... today it worked for me for +9, because i saw a major TL in front and the break gave me a little more;-) thx.
that is good bud... and experience is showing.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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