Billytt Die happy trading e/j daily breakout | Page 2649 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #52,961
  • Aug 14, 2020 7:37am Aug 14, 2020 7:37am
everything ended well, i have been closed down for a while now.
Have a good weekend all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,962
  • Aug 15, 2020 2:27am Aug 15, 2020 2:27am
Building up nicely for a break. Looks a bit messy but only a 16/17 pip range. See what tomorrow does to it.

Hey soccer fan Celtic postponed again !

@ Lem - busy day on horses. Looking at Newbury. Adam has 7 rides which is a lot ! Riding for the stable but also got one for John Gosden which is always going to have a chance. So lots of multiple bets to figure out.
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  • #52,963
  • Aug 15, 2020 5:36pm Aug 15, 2020 5:36pm
Quoting claudia1
Building up nicely for a breakoes to it.
Hey
soccer fan Celtip postponed t. {image}
Shame...saving my soccer bets for West Ham .haha
Onwards and upwards...
  • #52,964
  • Aug 16, 2020 5:11am Aug 16, 2020 5:11am
IB on the weekly ?
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  • #52,965
  • Aug 17, 2020 1:02am Aug 17, 2020 1:02am
Hi all, hope everyone is ok and all have had a good weekend.

00-00 4 hour bar break, Both cable and e/u were good.
e/u broke high for enough as did cable, but cable broke low.
AND,,,,,,, i didnt trade either of them as i gave it a rest.

i will be trading later.
trade well all.
t 07-02
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,966
  • Aug 17, 2020 3:46am Aug 17, 2020 3:46am
Cable 08-00 15 minute bar break, Low broke for +5%.
it was a bit cheeky because the 08-00 broke through 00-00 high and then dropped.

i am currently short trading off the 2 hour bar .
Trade well all.
t 09-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,967
  • Aug 17, 2020 4:36am Aug 17, 2020 4:36am
I have shut everything down lol.
Cable is messing around, i have banked some + the 5% , but it isnt worth me messing around unti i get a good entry.
ie, off a short range 2 hour bar.
t 10-36
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,968
  • Aug 17, 2020 4:43am Aug 17, 2020 4:43am
Quoting billytt
I have shut everything down lol. Cable is messing around, i have banked some + the 5% , but it isnt worth me messing around unti i get a good entry. ie, off a short range 2 hour bar. t 10-36
Morning. I have just gone long on Cable, targeting R1 initially and then Friday's high. Like you say, it is messing around.
  • #52,969
  • Aug 17, 2020 4:52am Aug 17, 2020 4:52am
Quoting ia1979
{quote} Morning. I have just gone long on Cable, targeting R1 initially and then Friday's high. Like you say, it is messing around.
my bias is long right now.
Honestly, i am just being lazy.
i have lost the will to trade it good, if it fails lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,970
  • Aug 17, 2020 4:59am Aug 17, 2020 4:59am
Quoting billytt
{quote} my bias is long right now. Honestly, i am just being lazy. i have lost the will to trade it good, if it fails lol.
AND ,, only 40 range so far.
t 10-59
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,971
  • Aug 17, 2020 5:05am Aug 17, 2020 5:05am
Quoting billytt
{quote} my bias is long right now. Honestly, i am just being lazy. i have lost the will to trade it good, if it fails lol.
I know we always blame you lol, but in this instance it isn't your fault . We've had a low break, high break, low break, and then high break again. Looking back, EU seems to be a bit more predictable when trading range breaks. On EU, we've had a low break, and now it looks like price is getting ready to break the high. If it does, I'll be going long, targeting DR2 (1.1892).
  • #52,972
  • Aug 17, 2020 5:07am Aug 17, 2020 5:07am
Quoting billytt
{quote} AND ,, only 40 range so far. t 10-59
4 hour range was quite small today Billy. Do you ever adjust this, the way you adjust the 8am range?
  • #52,973
  • Aug 17, 2020 5:13am Aug 17, 2020 5:13am
Quoting ia1979
{quote} I know we always blame you lol, but in this instance it isn't your fault . We've had a low break, high break, low break, and then high break again. Looking back, EU seems to be a bit more predictable when trading range breaks. On EU, we've had a low break, and now it looks like price is getting ready to break the high. If it does, I'll be going long, targeting DR2 (1.1892).
Seriously, I AM TO BLAME.

it happens bud
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,974
  • Aug 17, 2020 6:24am Aug 17, 2020 6:24am
Quoting billytt
{quote} Seriously, I AM TO BLAME. it happens bud
OK now I blame you lol. Price heading down again. Whip city today.
  • #52,975
  • Aug 17, 2020 7:41am Aug 17, 2020 7:41am
Quoting ia1979
{quote} OK now I blame you lol. Price heading down again. Whip city today.
Cable has made 50% of the adr of 84.
still messy
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,976
  • Aug 17, 2020 9:05am Aug 17, 2020 9:05am
Quoting billytt
{quote} Cable has made 50% of the adr of 84. still messy
What a snooze-fest. As soon as Cable and EU get anywhere near 70 ADR today, I'll be shutting everything down. On Cable, the 12-4am range has been broken more times than I care to count lol. I want it to move and hit either Friday's high, or low. Stuck in the middle just now.

EU has been a bit better. 12-4am range broke low, and then high. And we are still above the high. Aiming for DR2. Technically the ADR can take us to 1.1925 ish but I don't see it moving that far today.
  • #52,977
  • Aug 17, 2020 9:21am Aug 17, 2020 9:21am
Quoting ia1979
{quote} What a snooze-fest. As soon as Cable and EU get anywhere near 70 ADR today, I'll be shutting everything down. On Cable, the 12-4am range has been broken more times than I care to count lol. I want it to move and hit either Friday's high, or low. Stuck in the middle just now. EU has been a bit better. 12-4am range broke low, and then high. And we are still above the high. Aiming for DR2. Technically the ADR can take us to 1.1925 ish but I don't see it moving that far today.
What Cable has done today has not happened for a very very long time.
BUT, to break each high /low break down, it isn't that bad.

You know when i say i enter a trade and if it reverses i will close trade for what ever i can get/keep.
these breaks could of gotten you a few points.
Like i posted , i stopped trading ages ago and am happy with what i have got.
e/u was ok like you posted.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,978
  • Aug 17, 2020 9:33am Aug 17, 2020 9:33am
If you enter a trade for example long, it moves up x amount and then retraces back,
we close the trade with 1 or 2 points.
1 or 2 points is better than none, but what happens if you close at 1 or 2,and the price goes back up?

this in effect will increase your original trade range.
something to think about.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,979
  • Aug 17, 2020 9:49am Aug 17, 2020 9:49am
Quoting billytt
{quote} What Cable has done today has not happened for a very very long time. BUT, to break each high /low break down, it isn't that bad. You know when i say i enter a trade and if it reverses i will close trade for what ever i can get/keep. these breaks could of gotten you a few points. Like i posted , i stopped trading ages ago and am happy with what i have got. e/u was ok like you posted.
Yeah when you look at each break, I could have got some points like you say. What I was doing today was smaller lot size and trying to aim for ADR or around 70 points. Because of the small lot size, it was not really worth closing for a small number of points. Would still have been better than a loss I suppose.
  • #52,980
  • Aug 17, 2020 10:34am Aug 17, 2020 10:34am
Quoting claudia1
IB on the weekly ? {image}
85% probability it will break this week the high/low of last weeks IB. i guess cable might do it in the second half of the week...
trading is like dancing, don't think and just listen to the music!
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