Billytt Die happy trading e/j daily breakout | Page 2619 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #52,361
  • Jul 16, 2020 5:14pm Jul 16, 2020 5:14pm
Quoting billytt
{quote} Hi F, we have some excellent traders in here. probably the best in FF. What we all have in common is that we say price is going somewhere, and we can exploit it. i am more hit and run, as i am in life and others are more sedate , except hunting the daily range. Trade well.
Yes, indeed many excellent traders here.
Your 08:15 concept is what a trader needs to know, regardless of how they want to execute that candle -
it could be based off MA cross; at S/R; at some pivot point or your style a pure breakout.

1 candle, any candle because that will be the reference point. (I called it 1 LINE, ok it can be 2 lines HL of that candle)
Coupled that candle (LINE) with Frequency of how often price will return to that candle/line.
If you have that statistic and arm yourself with a good recovery system and that is all there is about trading.

to execute order on that candle - to each his own strategy.
  • #52,362
  • Jul 16, 2020 5:23pm Jul 16, 2020 5:23pm
Buy Zone from last night:

DAX Long Bias TP hit.
AJ Long Bias TP hit.
NU Short Bias TP hit.
GJ Short Bias TP hit.
GN Short Bias TP hit.
AN Long Bias TP hit.

Computers are off and can't be a**** going back in to post the charts, sorry!
  • #52,363
  • Jul 16, 2020 7:04pm Jul 16, 2020 7:04pm
Quoting lemercenaire
Buy Zone from last night: DAX Long Bias TP hit. AJ Long Bias TP hit. NU Short Bias TP hit. GJ Short Bias TP hit. GN Short Bias TP hit. AN Long Bias TP hit. Computers are off and can't be a**** going back in to post the charts, sorry!
Thanks Lem. Was the bias in this case simply a move away from the weekly open? Or something else? Seems like a great method for nocturnal creatures like myself
  • #52,364
  • Jul 16, 2020 7:12pm Jul 16, 2020 7:12pm
it was 21.xpips when I hit close

Attached Image (click to enlarge)
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Off to breakfast
  • #52,365
  • Jul 16, 2020 9:10pm Jul 16, 2020 9:10pm
Quoting ia1979
{quote} Thanks Lem. Was the bias in this case simply a move away from the weekly open? Or something else? Seems like a great method for nocturnal creatures like myself
Simply always only trade away from the weekly open. Monday is either a no-trade day or a neutral/trade first-come-first-served day.

You need to be certain that whatever pair(s) you use do not have spread widening or it will play havoc with your trades.

Just FYI, there is also a variant that runs off of the open of every hour.
  • #52,366
  • Jul 16, 2020 10:11pm Jul 16, 2020 10:11pm
Quoting lemercenaire
Buy Zone from last night: DAX Long Bias TP hit. AJ Long Bias TP hit. NU Short Bias TP hit. GJ Short Bias TP hit. GN Short Bias TP hit. AN Long Bias TP hit. Computers are off and can't be a**** going back in to post the charts, sorry!
Great post, what time of night ? UK time lol
Onwards and upwards...
  • #52,367
  • Jul 16, 2020 10:58pm Jul 16, 2020 10:58pm
Hi all. Hope you are all well.
Cable, 00-00 4 hour bar.
High broke and I am Long.
Looking for 8, to start with.
Trade Well All.
t 04-58
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,368
  • Jul 16, 2020 11:07pm Jul 16, 2020 11:07pm
Quoting failinforex
{quote} Yes, indeed many excellent traders here. Your 08:15 concept is what a trader needs to know, regardless of how they want to execute that candle - it could be based off MA cross; at S/R; at some pivot point or your style a pure breakout. 1 candle, any candle because that will be the reference point. (I called it 1 LINE, ok it can be 2 lines HL of that candle) Coupled that candle (LINE) with Frequency of how often price will return to that candle/line. If you have that statistic and arm yourself with a good recovery system and that is all there...
Hi F, you've got it.
Some candles are better than others to trade off.
As you posted, I mainly agree with.
We want the break BUT WE NEED A GUARANTEED AMOUNT OF PIPS TO TAKE, or high probability of pips to take.
Frequency of price returning, I do not want as that could be whip/ consolidation. Plus we may have to fix a fail. THEN we have the Adr candle, this is the points grabber.
You have definitely grasped the idea.
Trade Well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,369
  • Jul 17, 2020 12:36am Jul 17, 2020 12:36am
Hi all,
Cable, 00-00 4 hour bar range = 16, i am looking for 8 to start. My adr = 100.

e/u 00-00 4 hour bar range = 16,i am looking for 8 to start with. My adr = 73

i will be watching the 2 hour bars to maybe fix/help me out. lets see.
and its Friday, yaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
t 06-35
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,370
  • Jul 17, 2020 12:59am Jul 17, 2020 12:59am
Quoting billytt
Hi all, Cable, 00-00 4 hour bar range = 16, i am looking for 8 to start. My adr = 100. e/u 00-00 4 hour bar range = 16,i am looking for 8 to start with. My adr = 73 i will be watching the 2 hour bars to maybe fix/help me out. lets see. and its Friday, yaaaaaaaaaaaaaaaaaaaaaaaaaaaaay t 06-35
ssbo territory with DR1 beckoning.
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  • #52,371
  • Jul 17, 2020 1:01am Jul 17, 2020 1:01am
Quoting claudia1
{quote} ssbo territory with DR1 beckoning. {image}
Meant DS1 it won't let me edit.
  • #52,372
  • Jul 17, 2020 1:22am Jul 17, 2020 1:22am
Quoting claudia1
{quote} Meant DS1 it won't let me edit.
yep, i am having to work now, earn a living, lol.
catch you when i have fixed.
t 07-21
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,373
  • Jul 17, 2020 1:28am Jul 17, 2020 1:28am
Quoting billytt
{quote} yep, i am having to work now, earn a living, lol. catch you when i have fixed. t 07-21
Good luck. Won't touch it until after London open.

Watch out for the BoE guy later this morning.

Edit: (works now ??) 2550 is the problem again. Want a clear break of that.
  • #52,374
  • Jul 17, 2020 1:37am Jul 17, 2020 1:37am
Quoting claudia1
{quote} Good luck. Won't touch it until after London open. Watch out for the BoE guy later this morning.
its all covered, my longs are now/were short.
i stuck a cheeky short off the 04-00 2 hour bar and the game was on, i am positive points yaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,375
  • Jul 17, 2020 1:38am Jul 17, 2020 1:38am
Quoting claudia1
{quote} Good luck. Won't touch it until after London open. Watch out for the BoE guy later this morning. Edit: (works now ??) 2550 is the problem again. Want a clear break of that.
BoE guy, we shall call carney junior, i will never ever remember his name.
i am surprised i can remember Carney.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,376
  • Jul 17, 2020 1:40am Jul 17, 2020 1:40am
Quoting billytt
{quote} BoE guy, we shall call carney junior, i will never ever remember his name. i am surprised i can remember Carney.
Bailey - I just think of the drink lol.
  • #52,377
  • Jul 17, 2020 1:42am Jul 17, 2020 1:42am
Quoting claudia1
{quote} Bailey - I just think of the drink lol.
Not Bailee? as out on bail. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,378
  • Jul 17, 2020 1:43am Jul 17, 2020 1:43am
i have sorted cable, now in the process of fixing e/u
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,379
  • Jul 17, 2020 1:43am Jul 17, 2020 1:43am
Quoting claudia1
{quote} Bailey - I just think of the drink lol.
How come you are up so early.????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,380
  • Jul 17, 2020 1:45am Jul 17, 2020 1:45am
Quoting billytt
{quote} How come you are up so early.????
Lol that's a good question. I'm not really sure but looks a sunny day.

See Lem was last online 4 hours ago - US sport he is nocturnal now !
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