Billytt Die happy trading e/j daily breakout | Page 2646 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #52,901
  • Aug 12, 2020 5:05am Aug 12, 2020 5:05am
Quoting ia1979
12-4am break on GU, we've had a low break, and then a pretty strong move up to break the high of the range. Price seems to have stalled and has reversed a bit with 1.3050 being a pain. As Billy says, in theory we should keep going up now to make the ADR, but it could still break the low again and aim for 1.30. Which is to be today Claudia? Will we get close to DR1 or are we heading back down aiming for DS2?
I'm a bit lost on GU at the moment. Usual comment wait and see what NY tells us.
  • #52,902
  • Aug 12, 2020 5:06am Aug 12, 2020 5:06am
Attached Image (click to enlarge)
Click to Enlarge Name: gu 12 0-8 A.png Size: 22 KB

Quoting ia1979
{quote} I think I get it. When shorting at the 12-4am low, you are aiming for less points because from that point, your modest 70 range is only 30 points away, for arguments sake. If you went long at the break of the 4-6am range, you are aiming for more points because the modest ADR from there is over 50 points up. Is that it?
the 00-00 high to 70 adr high = 26, the 00-00 low to adr 70 low is 20, we have the actual 00-00 range in between

i speak of the 70 adr, because on a bad day we normally get 70.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,903
  • Aug 12, 2020 6:40am Aug 12, 2020 6:40am
Cable 00-00 4 hour bar break.
on paper it isnt going to plan, Hence pan B.
Chart below, cable 2 hour.
1 = adr line of 96.
2 = adr of 70 low.
3 = adr line of 70 high.
i use 70 as a very basic guide line for a bad day, but i reckon something is coming. lol
Attached Image (click to enlarge)
Click to Enlarge Name: gu 12 08 20 C.png Size: 29 KB

ia, look at the 2 hour bars, wink wink nudge nudge
t 12-40
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,904
  • Aug 12, 2020 7:18am Aug 12, 2020 7:18am
Quoting billytt
Cable 00-00 4 hour bar break. on paper it isnt going to plan, Hence pan B. Chart below, cable 2 hour. 1 = adr line of 96. 2 = adr of 70 low. 3 = adr line of 70 high. i use 70 as a very basic guide line for a bad day, but i reckon something is coming. lol {image} ia, look at the 2 hour bars, wink wink nudge nudge t 12-40
Haha got the hint there Billy thanks. Should be a nice drop if and when it happens.
  • #52,905
  • Aug 12, 2020 9:42am Aug 12, 2020 9:42am
GU has been a mess today. I think I'll hold on to the remainder of my GJ win from this morning and call it a today. Plus it's 23℃ in Scotland right now. We only get the sun for about 10 days a year, and this is most definitely one of them
  • #52,906
  • Aug 12, 2020 10:31am Aug 12, 2020 10:31am
Quoting ia1979
GU has been a mess today. I think I'll hold on to the remainder of my GJ win from this morning and call it a today. Plus it's 23℃ in Scotland right now. We only get the sun for about 10 days a year, and this is most definitely one of them

aye, 62 daily range at 16-30. we still have scope for movement but a day like this not too common.
i honestly think some of the brokers banks don't know for sure what is happening or going to happen.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,907
  • Aug 12, 2020 11:24am Aug 12, 2020 11:24am
Quoting ia1979
GU has been a mess today. I think I'll hold on to the remainder of my GJ win from this morning and call it a today. Plus it's 23℃ in Scotland right now. We only get the sun for about 10 days a year, and this is most definitely one of them
29 c down here. Just been and had glass of Stella too warm for wine.
  • #52,908
  • Aug 12, 2020 11:44am Aug 12, 2020 11:44am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200812-174247_Google.jpg Size: 426 KB
  • #52,909
  • Aug 12, 2020 12:10pm Aug 12, 2020 12:10pm
Quoting Stev1929
{image}
33 is seriously hot
  • #52,910
  • Aug 12, 2020 12:19pm Aug 12, 2020 12:19pm
Quoting claudia1
{quote} 33 is seriously hot
Im melting! On the plus side i can already hear the next wave of thunder on its way so should cool down
  • #52,911
  • Aug 12, 2020 12:27pm Aug 12, 2020 12:27pm
Quoting Stev1929
{quote} Im melting! On the plus side i can already hear the next wave of thunder on its way so should cool down
It needs a clear out. Had thunder lightning in middle of night. Seems it's cooler in Scotland from what ia says - might wake Lem up.
  • #52,912
  • Aug 12, 2020 12:34pm Aug 12, 2020 12:34pm
Quoting claudia1
{quote} It needs a clear out. Had thunder lightning in middle of night. Seems it's cooler in Scotland from what ia says - might wake Lem up.
Im dreaming of autumn right now!
  • #52,913
  • Aug 12, 2020 8:39pm Aug 12, 2020 8:39pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW4.png Size: 45 KB


Billy, do you take 4 or 1 or wait?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #52,914
  • Aug 13, 2020 1:23am Aug 13, 2020 1:23am
Hi all, hope everyone is well and safe.

00-00 4 hour bar break.
cable & e/u both broke High, i am long with both. Why not lol. looking for 20 & 16 or what ever i can get.
Trade well all.
07-23
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,915
  • Aug 13, 2020 1:24am Aug 13, 2020 1:24am
Quoting TooSlow
{image} Billy, do you take 4 or 1 or wait?
Hi bud, hope you are well.
Take 4 or 1??? not sure what you mean. and thats a/u?
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,916
  • Aug 13, 2020 1:27am Aug 13, 2020 1:27am
yesterday cable daily range was 62, this does not happen often, it was near 70 lol.
so far today it has already made 50% of adr . (which 88).

88 adr is pathetic and we will have movement , don't ask when, just look for clues.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,917
  • Aug 13, 2020 4:11am Aug 13, 2020 4:11am
Cable 08-00 15 minute bar break.
low failed but high broke and i got +5% and the fail was also fixed.
i did adjust the range of 12 to 15 as i do.


The 00-00 range longs were ok too. not quite making what i wanted, lol.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,918
  • Aug 13, 2020 4:18am Aug 13, 2020 4:18am
Quoting billytt
Cable 08-00 15 minute bar break. low failed but high broke and i got +5% and the fail was also fixed. i did adjust the range of 12 to 15 as i do. The 00-00 range longs were ok too. not quite making what i wanted, lol. Trade well all.
Hi Billy. The 12-4am break on both GU and EU happened before I had logged on so that train left without me. Got some on the 12-4am break of GJ again this morning. Market feels very choppy at the moment. Look at Dax. Small range with lots of sideways movement.
  • #52,919
  • Aug 13, 2020 4:27am Aug 13, 2020 4:27am
Quoting billytt
Cable 08-00 15 minute bar break. low failed but high broke and i got +5% and the fail was also fixed. i did adjust the range of 12 to 15 as i do. The 00-00 range longs were ok too. not quite making what i wanted, lol. Trade well all.
Get on the 4.25 at Bath the name of the horse will be obvious. Worth a fun bet.
  • #52,920
  • Aug 13, 2020 4:56am Aug 13, 2020 4:56am
Quoting claudia1
{quote} Get on the 4.25 at Bath the name of the horse will be obvious. Worth a fun bet.
or DON'T TELL HIM ?? lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
40 traders viewing now