Billytt Die happy trading e/j daily breakout | Page 2620 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #52,381
  • Jul 17, 2020 1:49am Jul 17, 2020 1:49am
Quoting claudia1
{quote} 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 !
i was awake at 04-05 then 5 ish .. checking charts, sad?????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,382
  • Jul 17, 2020 1:52am Jul 17, 2020 1:52am
Quoting billytt
{quote} i was awake at 04-05 then 5 ish .. checking charts, sad?????
Very sad. Name I can never remember is the chancellor guy with the money tree. Has his eye on Doris's job but will he last ?
  • #52,383
  • Jul 17, 2020 2:01am Jul 17, 2020 2:01am
Morning all. Small range on Cable so far today. Let's hope it isn't a whip day.
  • #52,384
  • Jul 17, 2020 2:13am Jul 17, 2020 2:13am
Yen - strong
USD - weak

no go for this round
cos not in sync no edge for combined
GBPUSD and GBPJPY
  • #52,385
  • Jul 17, 2020 2:26am Jul 17, 2020 2:26am
Quoting billytt
{quote} 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.
Hey billy
I was tempted by that myself but left it alone. That would have sorted my failed break high
  • #52,386
  • Jul 17, 2020 2:29am Jul 17, 2020 2:29am
Quoting billytt
i have sorted cable, now in the process of fixing e/u
gone long on the break of the 06-00 H2 looking for the pivot. Nice strong M15 bar at the open
  • #52,387
  • Jul 17, 2020 3:05am Jul 17, 2020 3:05am
Everything was screaming at me to not take the high break, but I felt there was a push to get to the daily pivot. Anyway, we are in a counter situation. Let's see.
  • #52,388
  • Jul 17, 2020 3:26am Jul 17, 2020 3:26am
happily the 08-15 long didnt trigger by 0.1 pips, but came into the short for +6, thx.
trading is like dancing, don't think and just listen to the music!
  • #52,389
  • Jul 17, 2020 4:29am Jul 17, 2020 4:29am
Hi everyone, you may ask questions but not about Trading, lol

i had to work for my gains today.

08-00 15 bar break, the high break was a trick and it failed, so adjusted low to 15, i managed a point then high got the 5% ,
then i had the cable short running and e/u long.
e/u was a peach and helped out.

AND, guess what, my 08-00 15 low trade, i had a stop on, yaaaaaaaaaaaaaaaaay Really??? yes Really. lol
i have done,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,390
  • Jul 17, 2020 4:33am Jul 17, 2020 4:33am
Quoting ia1979
Everything was screaming at me to not take the high break, but I felt there was a push to get to the daily pivot. Anyway, we are in a counter situation. Let's see.
i felt the same bud, i do not like long at the best of times.
But a trade is a trade, lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,391
  • Jul 17, 2020 4:55am Jul 17, 2020 4:55am
Quoting billytt
{quote} i felt the same bud, i do not like long at the best of times. But a trade is a trade, lol
A line is a line Billy lol. Anyway, managed to get back from -12 to +2. All trades now closed. It took 4 trades (no doubling of lot sizes involved lol).

That's the Billy Bar trade done and dusted. Now let's try hourly breaks. Still fancy short, but a line is a line .
  • #52,392
  • Jul 17, 2020 5:05am Jul 17, 2020 5:05am
Quoting ia1979
{quote} A line is a line Billy lol. Anyway, managed to get back from -12 to +2. All trades now closed. It took 4 trades (no doubling of lot sizes involved lol). That's the Billy Bar trade done and dusted. Now let's try hourly breaks. Still fancy short, but a line is a line .

same here, i think short but i have still wrapped up for the week,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,393
  • Jul 17, 2020 5:09am Jul 17, 2020 5:09am
Dax,
i have been watching the monster for a few weeks now.
watching the 15 minute bar breaks after the 08-00 has close.
We have had many many good breaks with lots of pips made.
BUT,,,,,,,,,,,,,,,,,,,,, we have had a couple of fails.
These fails i believe will kill us.

i could not trade them good, even the method i use.

So i am thinking, maybe as a play trade, similar to putting loose change in a slot machine.
If you feel like a play, a jaunt, a bit of fun, trade the 15 break.
See what happens.
I wont. yaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,394
  • Jul 17, 2020 5:14am Jul 17, 2020 5:14am
Quoting lemercenaire
{quote} 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.
Thanks Lem. Observation - when price break the high or low of previous 1 hour bar, it usually goes for 2-5 pips minimum, but sometimes a lot more (disclaimer - this is just a visual observation, I have no concrete facts to back it up). Is that the sort of thing you are alluding to here? Or is it another buy zone variant? Cheers.

For people who love placing counters on (I am one of them lol), here's an idea that may or may not work for you. Try it on demo perhaps.

1) At the open of every hour, place a buy and a sell as close to each other as possible. Wait for the hour to be up. Close the profitable trade.
2) New hour starts. If new hourly bar breaks out (maybe breakout + 3 pips to avoid fakeouts) in the direction that you took profit, buy/sell again. If not, your other open trade will slowly reverse until you are in profit overall.

Obviously be mindful of important levels (daily open, Pivot, DS1, DR1 etc). And keep an eye on your ADR.
  • #52,395
  • Jul 17, 2020 5:19am Jul 17, 2020 5:19am
Quoting ia1979
{quote} Thanks Lem. Observation - when price break the high or low of previous 1 hour bar, it usually goes for 2-5 pips minimum, but sometimes a lot more (disclaimer - this is just a visual observation, I have no concrete facts to back it up). Is that the sort of thing you are alluding to here? Or is it another buy zone variant? Cheers. For people who love placing counters on (I am one of them lol), here's an idea that may or may not work for you. Try it on demo perhaps. 1) At the open of every hour, place a buy and a sell as close to each other...

good post bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,396
  • Jul 17, 2020 5:44am Jul 17, 2020 5:44am
Quoting ia1979
{quote} Thanks Lem. Observation - when price break the high or low of previous 1 hour bar, it usually goes for 2-5 pips minimum, but sometimes a lot more (disclaimer - this is just a visual observation, I have no concrete facts to back it up). Is that the sort of thing you are alluding to here? Or is it another buy zone variant? Cheers. For people who love placing counters on (I am one of them lol), here's an idea that may or may not work for you. Try it on demo perhaps. 1) At the open of every hour, place a buy and a sell as close to each other...
good post.
Just a point.
i trade as little as possible, main trade win close out (maybe fix)., lets forget about hunt the daily range.
If you don't trade you don't lose.
Once you have a series of trades you have more chance to lose.
Just saying, you have a good approach.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,397
  • Jul 17, 2020 5:56am Jul 17, 2020 5:56am
EU was nice to me today!
have a great weekend all
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  • #52,398
  • Jul 17, 2020 6:14am Jul 17, 2020 6:14am
Quoting claudia1
{quote} 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 !
Lol. Not sport this time, reading instead. Working on some stuff. You know the way that goes.
  • #52,399
  • Jul 17, 2020 6:18am Jul 17, 2020 6:18am
Cable,
so far a very short range. surely there must be a 40/50 points left.
i am just waiting for gf to finish at unit then off we go in my dinghy .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,400
  • Jul 17, 2020 6:20am Jul 17, 2020 6:20am
Quoting lemercenaire
{quote} Lol. Not sport this time, reading instead. Working on some stuff. You know the way that goes.
Only too well.

Mr T and myself have figured out you go to sleep around 4 am which is when Billy starts checking charts lol ships in the night !
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