Billytt Die happy trading e/j daily breakout | Page 2666 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #53,301
  • Sep 9, 2020 2:23am Sep 9, 2020 2:23am
Cable 08-00 break.
High broke for +5%.
i wonder if it will bounce down off 00-00 low area at 12952 area?????
t 08-23


edit, price was just about to hit 00-00 low when i posted above.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,302
  • Sep 9, 2020 2:23am Sep 9, 2020 2:23am
Quoting billytt
t 07-57 00-00 4 hour bar break. i was leaving cable and e/u. BUT, cable broke high then dropped to break low, i made a quick short for 5 points then got out. range was 21. (opportunist trade off a fail). e/u broke high and has dropped but has not broken the low.This i will leave. Trade well all. t 07-59
interesting, i had no cable high break of range 00-00

my high of the 00-00 range was 1.29736 and two hours later it could only reach 1.29732.

so no fail on my charts.
trading is like dancing, don't think and just listen to the music!
  • #53,303
  • Sep 9, 2020 2:24am Sep 9, 2020 2:24am
also easy +6 pips with 08-15 break, thx.
trading is like dancing, don't think and just listen to the music!
  • #53,304
  • Sep 9, 2020 2:32am Sep 9, 2020 2:32am
Quoting birdland
{quote} interesting, i had no cable high break of range 00-00 my high of the 00-00 range was 1.29736 and two hours later it could only reach 1.29732. so no fail on my charts.
the 00-00 range high was 12973.5 (i do not count the .5)
it was broke by next bar making 12973.3. ias soon as 112973 is hit we long. (But I didnt) lol
Attached Image (click to enlarge)
Click to Enlarge Name: gu 09 A.png Size: 31 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,305
  • Sep 9, 2020 2:39am Sep 9, 2020 2:39am
Quoting billytt
{quote} the 00-00 range high was 12973.5 (i do not count the .5) it was broke by next bar making 12973.3. ias soon as 112973 is hit we long. (But I didnt) lol {image}
interesting,
this is how my 00-00 range charts look:
Attached Image
trading is like dancing, don't think and just listen to the music!
  • #53,306
  • Sep 9, 2020 2:41am Sep 9, 2020 2:41am
gu from last Frid.
the 00-00 low was 13273.9 <<<<<<<< my trigger was 13273 , if price moved up that was no problem.
BUT ,,,,if price dropped to it,,, we enter at 13273 NOT 13273.9 and yes we lose .9 which is almost a full pip.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 09 B.png Size: 19 KB


edit, i posted chart from Fri intentionally as it had a .9 (point 9)
Mon and Tue both had a .5 (Point 5)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,307
  • Sep 9, 2020 2:58am Sep 9, 2020 2:58am
Quoting billytt
gu from last Frid. the 00-00 low was 13273.9 <<<<<<<< my trigger was 13273 , if price moved up that was no problem. BUT ,,,,if price dropped to it,,, we enter at 13273 NOT 13273.9 and yes we lose .9 which is almost a full pip. {image} edit, i posted chart from Fri intentionally as it had a .9 (point 9) Mon and Tue both had a .5 (Point 5)
now i am confused, because my 00-00 low on friday 4th september was 1.32612.

i have to check if i made a mistake in defining the 00-00 range.
trading is like dancing, don't think and just listen to the music!
  • #53,308
  • Sep 9, 2020 3:15am Sep 9, 2020 3:15am
Quoting birdland
{quote} now i am confused, because my 00-00 low on friday 4th september was 1.32612. i have to check if i made a mistake in defining the 00-00 range.

Bud, hold it.
My mistake, i posted the 20-00 4 hour chart.
BUT it doesnt matter, it could of been a 00-00 bar, but what i am saying is ,i do not use the .point..

Attached Image
friday 4th. high = 13296.5 and low 13261.0 (forget the .5.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,309
  • Sep 9, 2020 3:18am Sep 9, 2020 3:18am
Quoting billytt
{quote} Bud, hold it. My mistake, i posted the 20-00 4 hour chart. BUT it doesnt matter, it could of been a 00-00 bar, but what i am saying is ,i do not use the .point..
uff, thx, confusion ended;-)

ok, thats now clear with the .point. i always had a 0.5 pip buffer when i traded a breakout. but yours makes also sense, thx.
trading is like dancing, don't think and just listen to the music!
  • #53,310
  • Sep 9, 2020 3:23am Sep 9, 2020 3:23am
Quoting birdland
{quote} uff, thx, confusion ended;-) ok, thats now clear with the .point. i always had a 0.5 pip buffer when i traded a breakout. but yours makes also sense, thx.

you can with a buffer, BUT,,,,,,, but the amount of fails you get are quite high.
it isn't worth it. plus it throws my stats out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,311
  • Sep 9, 2020 5:57am Sep 9, 2020 5:57am
rather a quiet day, maybe when US opens we will get some movement.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,312
  • Sep 9, 2020 7:48am Sep 9, 2020 7:48am
yesterday market hit not DP, today (1.3045) so far also not. does it want to go there?
trading is like dancing, don't think and just listen to the music!
  • #53,313
  • Sep 9, 2020 8:13am Sep 9, 2020 8:13am
Quoting birdland
yesterday market hit not DP, today (1.3045) so far also not. does it want to go there?
My pivot point is totally different to yours. What indicator are you using to get that B?
  • #53,314
  • Sep 9, 2020 8:16am Sep 9, 2020 8:16am
Quoting ia1979
{quote} My pivot point is totally different to yours. What indicator are you using to get that B?
Seeing pivot at 3026.
  • #53,315
  • Sep 9, 2020 8:26am Sep 9, 2020 8:26am
Quoting claudia1
{quote} Seeing pivot at 3026.
Same here Claudia, give or take a pip. After Birdland's post, I checked online and the PP online (ActionForex) was showing as 1.3047. So I thought maybe mine was wrong. But now yours is roughly the same as mine lol.

GU bounced nicely off DS1 earlier.
  • #53,316
  • Sep 9, 2020 8:34am Sep 9, 2020 8:34am
strange. i use "classic" ones called.

i use pivot indi from claudia and this one:
Attached File(s)
File Type: mq4 AutoPivotIndicator_ver5.mq4   30 KB | 301 downloads
and to doublecheck this homepage:
https://www.actionforex.com/markets/pivot-points/
trading is like dancing, don't think and just listen to the music!
  • #53,317
  • Sep 9, 2020 8:40am Sep 9, 2020 8:40am
Quoting birdland
strange. i use "classic" ones called. i use pivot indi from claudia and this one: {file} and to doublecheck this homepage: https://www.actionforex.com/markets/pivot-points/

here is claudias template combined with my pivot indi. both are the same...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1claudia pivots.png Size: 71 KB
trading is like dancing, don't think and just listen to the music!
  • #53,318
  • Sep 9, 2020 10:22am Sep 9, 2020 10:22am
these are "nostromo" fibo levels, they show also daily pivot at 1.3045.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1pivot nostro.png Size: 24 KB
trading is like dancing, don't think and just listen to the music!
  • #53,319
  • Sep 9, 2020 10:36am Sep 9, 2020 10:36am
Quoting birdland
these are "nostromo" fibo levels, they show also daily pivot at 1.3045. {image}
I have this in a dusty folder somewhere.

Your thoughts on them?
  • #53,320
  • Sep 9, 2020 10:41am Sep 9, 2020 10:41am
Quoting ia1979
{quote} Same here Claudia, give or take a pip. After Birdland's post, I checked online and the PP online (ActionForex) was showing as 1.3047. So I thought maybe mine was wrong. But now yours is roughly the same as mine lol. GU bounced nicely off DS1 earlier.
mines 3045!
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