Billytt Die happy trading e/j daily breakout | Page 2656 | 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

  • #53,101
  • Aug 26, 2020 7:14am Aug 26, 2020 7:14am
Cable, it is waiting for something lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,102
  • Aug 26, 2020 7:25am Aug 26, 2020 7:25am
Quoting FOURX
{quote} Lems wickzone trades go opposite of break ie. back into the candle body (open price) trigger
Hi FOURX, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,103
  • Aug 26, 2020 7:45am Aug 26, 2020 7:45am
Quoting ia1979
{quote} Thanks for sharing. Claudia has mentioned this bar on GU before as well. I'll start looking into this tomorrow but sounds like it could be fun. Buy/sell as price breaks the 1st 15 minute bar at 1pm on Gold. Probably no need to counter, because even if you hit one or two losses, when the inevitable move comes, it'll be enough to get you back in the plus
if you want a good example of a nice clean break on XAU at 1pm mate, today was it! as mentioned before, I was a little bit wary of selling into the daily open just below it, but when u look at the H1 on the right, it looked a pretty good bet (sorry trade!)
Attached Image (click to enlarge)
Click to Enlarge Name: XAU M1 20200826.PNG Size: 90 KB
  • #53,104
  • Aug 26, 2020 7:47am Aug 26, 2020 7:47am
Lets go for the 70 range which is 13095.. maybe ,maybe not. lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,105
  • Aug 26, 2020 7:48am Aug 26, 2020 7:48am
Quoting Jp1
{quote} if you want a good example of a nice clean break on XAU at 1pm mate, today was it! as mentioned before, I was a little bit wary of selling into the daily open just below it, but when u look at the H1 on the right, it looked a pretty good bet (sorry trade!) {image}
nice 1 bud, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,106
  • Aug 26, 2020 7:57am Aug 26, 2020 7:57am
Quoting Jp1
{quote} if you want a good example of a nice clean break on XAU at 1pm mate, today was it! as mentioned before, I was a little bit wary of selling into the daily open just below it, but when u look at the H1 on the right, it looked a pretty good bet (sorry trade!) {image}
Hi JP,

Yes that looks pretty good. You mean yesterday's low just below it? Unfortunately I was trading Dax today, which seems to finally be going up (after stopping me out ). I tried Gold yesterday and as you know, it didn't move too much. However, your setup looks like it has brilliant potential and I think it will become one of go to methods, so thanks a lot for sharing it. And if you ever need anyone to make incorrect buy/sell calls for you, give me a shout lol.
  • #53,107
  • Aug 26, 2020 8:27am Aug 26, 2020 8:27am
as an example of a retrace trade.
the 00-00 4 hour bar low has broke and retraced back into body of range.
Attached Image


any part of this bar or subsequent bar we can short,
so if it happened now and failed, we lose 1pprox 14 NOT 25 .
t 14-27

edit, lets say we short at 13144.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,108
  • Aug 26, 2020 8:34am Aug 26, 2020 8:34am
opportunist trade.
or now .short at 13152
Attached Image
t 14-34

lose 6 if it fails.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,109
  • Aug 26, 2020 8:36am Aug 26, 2020 8:36am
Quoting ia1979
{quote} Hi JP, Yes that looks pretty good. You mean yesterday's low just below it? Unfortunately I was trading Dax today, which seems to finally be going up (after stopping me out ). I tried Gold yesterday and as you know, it didn't move too much. However, your setup looks like it has brilliant potential and I think it will become one of go to methods, so thanks a lot for sharing it. And if you ever need anyone to make incorrect buy/sell calls for you, give me a shout lol.
Haha - i make enough of them myself, dont need any help there!

Yes sorry, daily low! And dont worry about all my squiggles (i know they are a SIN! ), they are just all the ema 200s on the H1, and then on the M1, i use some smaller ones - purely for exiting
  • #53,110
  • Aug 26, 2020 8:45am Aug 26, 2020 8:45am
Quoting billytt
opportunist trade. or now .short at 13152 {image}t 14-34 lose 6 if it fails.
ok, i got it now 100% what you mean with retrace;-)
thx buddy
trading is like dancing, don't think and just listen to the music!
  • #53,111
  • Aug 26, 2020 8:45am Aug 26, 2020 8:45am
cable, it wasnt meant to be, lol,
hope you see what i mean, plus we didnt lose as much.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,112
  • Aug 26, 2020 8:51am Aug 26, 2020 8:51am
Quoting billytt
cable, it wasnt meant to be, lol, hope you see what i mean, plus we didnt lose as much. {image}
i understand. we can get out at a better price of the trade OR have a much better reward/risk ratio. its clear now.
trading is like dancing, don't think and just listen to the music!
  • #53,113
  • Aug 26, 2020 8:55am Aug 26, 2020 8:55am
Quoting birdland
{quote} i understand. we can get out at a better price of the trade OR have a much better reward/risk ratio. its clear now.
yes indeed, you've got it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,114
  • Aug 26, 2020 9:00am Aug 26, 2020 9:00am
Quoting billytt
{quote} yes indeed, you've got it.
hi billy - im guessing you have stats on that too, retrace of 1st break, execute trade in the range in the same direction as the 1st break - im thinking its very favourable?
  • #53,115
  • Aug 26, 2020 9:10am Aug 26, 2020 9:10am
Quoting Jp1
{quote} hi billy - im guessing you have stats on that too, retrace of 1st break, execute trade in the range in the same direction as the 1st break - im thinking its very favourable?
Hi bud, i did have but they were not consistent.
Meaning , it might not retrace, it might retrace 1 or 2, 1cor 5, etc or just fail..
like i say , these are more opportunist.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,116
  • Aug 26, 2020 9:33am Aug 26, 2020 9:33am
Quoting billytt
Cable, it is waiting for something lol.
it did, UP lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,117
  • Aug 26, 2020 2:53pm Aug 26, 2020 2:53pm
Quoting billytt
{quote} Hi FOURX, hope you are well.
Hey pal , still going
  • #53,118
  • Aug 27, 2020 2:16am Aug 27, 2020 2:16am
hi all, hope everyone is well.
Cable 08-00 15 minute bar break. High Broke, i am long.
t 08-16
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,119
  • Aug 27, 2020 2:19am Aug 27, 2020 2:19am
Cable, ideally i want down,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,120
  • Aug 27, 2020 2:27am Aug 27, 2020 2:27am
lol,
Cable i got 3% off the high break and now i have gone long again.
t 08-27
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
70 traders viewing now