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Billytt Die happy trading e/j daily breakout

  • #53,161
  • Sep 1, 2020 7:49am Sep 1, 2020 7:49am
Quoting claudia1
+ 23 so far just taking breaks of the hour bar either way. Horsey time - where's Lem.
its a bit strange and i hope he is well.
trading is like dancing, don't think and just listen to the music!
  • #53,162
  • Sep 1, 2020 6:12pm Sep 1, 2020 6:12pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW4.png Size: 41 KB

Billytt ATM 5 pip withdrawal. Cheers, Mate!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #53,163
  • Sep 1, 2020 11:13pm Sep 1, 2020 11:13pm
Hi all. i hope all is well.

00-00 4 hour bar break.
So far nothing has broken.
Trade well all.
t 07-13
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,164
  • Sep 1, 2020 11:17pm Sep 1, 2020 11:17pm
Quoting claudia1
+ 23 so far just taking breaks of the hour bar either way. Horsey time - where's Lem.
lol, i actually got 23 off the 08-00 and 00-00 break. do do do dooooooo,do do do doooooooo.
then i shorted Cable approx 50 ( i cannot remember exact amount) small lot,
i happened to mention dollar index being on a 2 year support and said, if it goes up, cable comes down, and it did lol.
i would call that trade more luck but there you go.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,165
  • Sep 1, 2020 11:41pm Sep 1, 2020 11:41pm
00-00 4 hour bar break.
Both cable & e/u have broken low.
I have decided to trade it today. Both short looking for 18 and 18 both ranges are 37.
t 07-41
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,166
  • Sep 1, 2020 11:51pm Sep 1, 2020 11:51pm
At time of writing cable has made 44 and e/u 38.
the price has to go somewhere. if it/they fail i then play the game.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,167
  • Sep 2, 2020 12:13am Sep 2, 2020 12:13am
Tried the 7.45 15min bar on GU, broke south for 10 quick pips - nice start to the day

edit: think i jumped ship a bit early!
  • #53,168
  • Sep 2, 2020 12:18am Sep 2, 2020 12:18am
again no trade for me with 08-15, range for my taste too big.
trading is like dancing, don't think and just listen to the music!
  • #53,169
  • Sep 2, 2020 12:21am Sep 2, 2020 12:21am
Cable 08-00 15 minute bar break. low broke for +5%.

Cable 00-00 trade, low broke for 18 (small size).
e/u i closed for +15 , was after 18 but accidentally closed it lol.
t 08-20
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,170
  • Sep 2, 2020 12:21am Sep 2, 2020 12:21am
Quoting Jp1
Tried the 7.45 15min bar on GU, broke south for 10 quick pips - nice start to the day edit: think i jumped ship a bit early!
nice one bud, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,171
  • Sep 2, 2020 12:23am Sep 2, 2020 12:23am
Quoting birdland
again no trade for me with 08-15, range for my taste too big.
23 range, Hi Bird, hope you are well.
it is good that you are sticking to method, ie the range being too big.
23 is ok for me, but nice one to stick to your principle.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,172
  • Sep 2, 2020 12:26am Sep 2, 2020 12:26am
Quoting billytt
{quote} 23 range, Hi Bird, hope you are well. it is good that you are sticking to method, ie the range being too big. 23 is ok for me, but nice one to stick to your principle.
what should i do? in the end its money i need to support my independence&freedom. so i have to be careful with higher risk.
trading is like dancing, don't think and just listen to the music!
  • #53,173
  • Sep 2, 2020 12:35am Sep 2, 2020 12:35am
Quoting birdland
{quote} what should i do? in the end its money i need to support my independence&freedom. so i have to be careful with higher risk.
that is why i commend you.... You have a good principle.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,174
  • Sep 2, 2020 12:39am Sep 2, 2020 12:39am
Quoting birdland
{quote} what should i do? in the end its money i need to support my independence&freedom. so i have to be careful with higher risk.
have u thought about adjusting ur risk? Half ur lot size or some ratio when the candle is bigger? Gets u in the game for same risk. Thats what i do anyway!
  • #53,175
  • Sep 2, 2020 12:42am Sep 2, 2020 12:42am
Quoting Jp1
{quote} have u thought about adjusting ur risk? Half ur lot size or some ratio when the candle is bigger? Gets u in the game for same risk. Thats what i do anyway!
yes good idea. but i do it like myway or not. i have several other triggers in the market for quick 3-7 pips, so i wait for them.
trading is like dancing, don't think and just listen to the music!
  • #53,176
  • Edited 1:33am Sep 2, 2020 1:15am | Edited 1:33am
Quoting Jp1
{quote} have u thought about adjusting ur risk? Half ur lot size or some ratio when the candle is bigger? Gets u in the game for same risk. Thats what i do anyway!
he can have the option to trade off a retrace should it happen.

Today it did no retrace, just broke and kept going.
i will post a chart later to show an example.

chart from 26th Aug. Cable

15 range. 1=High Broke, 2=then re trace down,, 3= back up to break high and carry on for %%%%
Attached Image (click to enlarge)
Click to Enlarge Name: gu 26th.png Size: 24 KB

2= when high break re traced, we do not know how far?????, we could of entered and if it failed we would not of lost as much ££ $$.
we could of entered anywhere along that retrace as it happened.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,177
  • Sep 2, 2020 1:35am Sep 2, 2020 1:35am
Quoting billytt
{quote} he can have the option to trade off a retrace should it happen. Today it did no retrace, just broke and kept going. i will post a chart later to show an example. chart from 26th Aug. Cable 15 range. 1=High Broke, 2=then re trace down,, 3= back up to break high and carry on for %%%% {image} 2= when high break re traced, we do not know how far?????, we could of entered and if it failed we would not of lost as much ££ $$. we could of entered anywhere along that retrace as it happened.
that is really a good option, because i can lower my initial risk.

i will consider that the next time the candle range is too big for me. thx.
trading is like dancing, don't think and just listen to the music!
  • #53,178
  • Sep 2, 2020 2:45am Sep 2, 2020 2:45am
Quoting billytt
{quote} he can have the option to trade off a retrace should it happen. Today it did no retrace, just broke and kept going. i will post a chart later to show an example. chart from 26th Aug. Cable 15 range. 1=High Broke, 2=then re trace down,, 3= back up to break high and carry on for %%%% {image} 2= when high break re traced, we do not know how far?????, we could of entered and if it failed we would not of lost as much ££ $$. we could of entered anywhere along that retrace as it happened.
Fantastic visual explanation Billy. Hope all is well.
  • #53,179
  • Sep 2, 2020 2:46am Sep 2, 2020 2:46am
Quoting TooSlow
{image} Billytt ATM 5 pip withdrawal. Cheers, Mate!
Hi TS. Are you using the mid dots to help with your bias? And are you using Sydney open for your 4 hour range? Thanks.

Billy, I thought the original AU method was to trade the break of the 4am-8am range UK time? Unless this got modified along the way somewhere. Cheers.
  • #53,180
  • Sep 2, 2020 2:51am Sep 2, 2020 2:51am
Quoting ia1979
{quote} Fantastic visual explanation Billy. Hope all is well.
Hi ia1979 i hope you are well.
All ok here.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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