Billytt Die happy trading e/j daily breakout | Page 2701 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #54,001
  • Oct 8, 2020 7:56am Oct 8, 2020 7:56am
Another USTech on the break and retest.

USTech 5-min +2.5 +5.0 [+7.5]

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  • #54,002
  • Oct 8, 2020 8:06am Oct 8, 2020 8:06am
Topping out on H1 Supply now, so sit-on-hands time till it shakes itself out.

A pity, slower day than I thought it was going to be - still plenty of room on the ADR - but there you go.

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  • #54,003
  • Oct 8, 2020 9:28am Oct 8, 2020 9:28am
Over in The Dead Zone, the bias was an unconvincing Short. I wouldn't have been looking to get involved today, I don't think.

Having said that, if I had been, then in the circumstances where, ie you get this Weak Short Bias combined with the set-up candle closing Long, then it is often still viable to play it as a Wick Zone trade instead of waiting for the break that may never come.

This approach would have once again paid off here today.

UC via The Dead Zone Weak Short Bias - not traded.

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  • #54,004
  • Oct 8, 2020 9:54am Oct 8, 2020 9:54am
11 days in a row winning days stopped today. it was not my market. i tried everything but this lull afternoon GU session gave me the rest;-)

tomorrow is another day.
trading is like dancing, don't think and just listen to the music!
  • #54,005
  • Oct 8, 2020 10:04am Oct 8, 2020 10:04am
See line. Trade line.

US30 1-min Kjun-sen and Friends. +16.3 +27.1 [+43.4]

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  • #54,006
  • Oct 8, 2020 10:06am Oct 8, 2020 10:06am
1pm-1:15pm range break on Gold. 500 points on long break and then 500 points on short break. Not bad but have had a couple of losing days on Gold so still recovering from that.
  • #54,007
  • Oct 8, 2020 10:23am Oct 8, 2020 10:23am
Hi Billy,

Was watching the BB this morning, but didn't trade it, just watched it unfold. This would have been a bit of a pickle had I done it. High failed, don't know how you managed to squeeze in +2, maybe an anticipated entry, because it went barely 3 pips before failing. Or some kind of intuition? Then the short also failed at not even 2 pips.
The following break high did work though, as well as the subsequent short.
Tricky overall, someone could easily have left quite a few Rs on the table.

Cheers,
  • #54,008
  • Oct 8, 2020 10:35am Oct 8, 2020 10:35am
Quoting Barraka
Hi Billy, Was watching the BB this morning, but didn't trade it, just watched it unfold. This would have been a bit of a pickle had I done it. High failed, don't know how you managed to squeeze in +2, maybe an anticipated entry, because it went barely 3 pips before failing. Or some kind of intuition? Then the short also failed at not even 2 pips. The following break high did work though, as well as the subsequent short. Tricky overall, someone could easily have left quite a few Rs on the table. Cheers,
Red news for GBP right after trigger was always going to be tricky - and certainly made it a no-no trade on The Billy Bar for me today.
  • #54,009
  • Oct 8, 2020 11:24am Oct 8, 2020 11:24am
Winding down and picked up a couple as AJ price played the gap.

AJ 1-min Kijun-sen +2.1

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  • #54,010
  • Oct 8, 2020 11:38am Oct 8, 2020 11:38am
Thought I was done - turns out there was some gas left in the tank. This time back on UC, which finally decided it did have a Short Bias after all...

UC 1-min WalMal +2.3

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  • #54,011
  • Oct 8, 2020 1:06pm Oct 8, 2020 1:06pm
Quoting lemercenaire
Thought I was done - turns out there was some gas left in the tank. This time back on UC, which finally decided it did have a Short Bias after all... UC 1-min WalMal +2.3 {image}
Walmal ? Seen this somewhere beating the bank
every Saint has a past. Every Sinner has a Future
  • #54,012
  • Oct 8, 2020 2:28pm Oct 8, 2020 2:28pm
Quoting turnip15
{quote} Walmal ? Seen this somewhere beating the bank
On a similar subject and just to listen to some interesting "stuff" on the subject of "just one pip", new vid (and the companion one before) over on our favourite Alien's YooToob channel.

"If you were up five pips and now you're in drawdown, I can't help you." Lol...
  • #54,013
  • Oct 9, 2020 2:11am Oct 9, 2020 2:11am
Hi all.

00-00 4 hour bar break. both Cable and e/u have broken high.
Again i am leaving them for now.
t 08-11
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,014
  • Oct 9, 2020 2:20am Oct 9, 2020 2:20am
'Morning all. As Billy has already mentioned, decent move against the USD in the lead in - check out v CNH - and looking at The Billy Bar is a very, very unconvincing Long set up. Supply above has been reached already.

As such, I decided to snip what I could just before KO and bagged ok.

GU 1-min Kijun-sen +4.5

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  • #54,015
  • Oct 9, 2020 2:34am Oct 9, 2020 2:34am
Quoting lemercenaire
'Morning all. As Billy has already mentioned, decent move against the USD in the lead in - check out v CNH - and looking at The Billy Bar is a very, very unconvincing Long set up. Supply above has been reached already. As such, I decided to snip what I could just before KO and bagged ok. GU 1-min Kijun-sen +4.5 {image}
So after all that, of course it still got there! It is THE Billy Bar, after all!

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  • #54,016
  • Oct 9, 2020 2:34am Oct 9, 2020 2:34am
Breakfast!
  • #54,017
  • Oct 9, 2020 2:52am Oct 9, 2020 2:52am
Is it my imagination, or are there a lot of traps being set for the unwary today?! Careful out there, folks.
  • #54,018
  • Oct 9, 2020 2:59am Oct 9, 2020 2:59am
Quoting lemercenaire
Is it my imagination, or are there a lot of traps being set for the unwary today?! Careful out there, folks.
There are always are. Plus it's Friday and Boris is trying to close the country down again.

Good racing day though. Newmarket is where I'm concentrating you'll see why if you get time.
  • #54,019
  • Oct 9, 2020 3:01am Oct 9, 2020 3:01am
Quoting claudia1
{quote} There are always are. Plus it's Friday and Boris is trying to close the country down again. Good racing day though. Newmarket is where I'm concentrating you'll see why if you get time.
Spot on. I feel a day at the races coming on for sure.

Did pick up this bunch finish on an admittedly very aggressive entry.

UK100 1-min Kijun-sen (sort of...) +0.5 +1.3 +2.5 +6.1 [+10.4]

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  • #54,020
  • Oct 9, 2020 3:04am Oct 9, 2020 3:04am
Quoting lemercenaire
{quote} Spot on. I feel a day at the races coming on for sure. Did pick up this bunch finish on an admittedly very aggressive entry. UK100 1-min Kijun-sen (sort of...) +0.5 +1.3 +2.5 +6.1 [+10.4] {image}
Haven't had a good look yet but I see Adam is there (home course) and Gosden has a runner or two. Gave me 100/30 win yesterday.
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