Billytt Die happy trading e/j daily breakout | Page 2708 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #54,141
  • Oct 15, 2020 1:47am Oct 15, 2020 1:47am
e/u has just broke through 00-00 low, High break was a fail.
i am leaving e/u today
t 07-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,142
  • Oct 15, 2020 2:00am Oct 15, 2020 2:00am
i havew posted referring to an adr of 60, that is an extreme low adr, and is an example.
the way things are add another 100 lol.
t 08-00
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,143
  • Oct 15, 2020 2:33am Oct 15, 2020 2:33am
Cable, 08-00 15 minute bar break,
High broke, i am Long but off a slight retrace, we have the 00 very close and i do not fancy the bounce off, which might happen.
lets see.
t 08-33
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,144
  • Oct 15, 2020 2:51am Oct 15, 2020 2:51am
Cable 08-00 15 minute bar break.
i need not of worried lol.

i entered Long off a slight retrace and got my 5% then got out.
it did look like it was going to bounce back down off the 00.
trade well.
t 08-51
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,145
  • Oct 15, 2020 2:57am Oct 15, 2020 2:57am
So meanwhile, the chart i posted earlier Re:- a 60 adr below
Attached Image
the chart has now been adjusted due to price dropping, SOOOO the high area has now been adjusted lower below
Attached Image (click to enlarge)
Click to Enlarge Name: gu 15 10 B.png Size: 34 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,146
  • Oct 15, 2020 3:21am Oct 15, 2020 3:21am
Chart below, Cable 2 hourT = 00-00 trigger area,
H = 60 daily range high.
L = 60 daily range low.
A = this is the average daily range today of 126
Attached Image (click to enlarge)
Click to Enlarge Name: gu 15 10 C.png Size: 37 KB

t 09-21
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,147
  • Oct 15, 2020 3:30am Oct 15, 2020 3:30am
Cable, that 60 daily range lol.

H = High and it has been adjusted lower,
we hit the L and i got the points, we did have movement up as you know but i was playing.
that H is still important just incase price moves back up.
i have done.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 15 10 D.png Size: 36 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,148
  • Oct 15, 2020 3:31am Oct 15, 2020 3:31am
Cable, before
Attached Image
after below
Attached Image (click to enlarge)
Click to Enlarge Name: gu 15 10 D.png Size: 36 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,149
  • Oct 15, 2020 3:36am Oct 15, 2020 3:36am
My day
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(£)H1.png Size: 78 KB
  • #54,150
  • Oct 15, 2020 4:08am Oct 15, 2020 4:08am
Hi Billy,

Was a bit late to my computer to watch the BB play out earlier. But today is a nice example of playing both sides of the BB, long first then short, both with +5. Given the PA I would have probably just went for the short, but anyway it played out nicely.
  • #54,151
  • Oct 15, 2020 4:17am Oct 15, 2020 4:17am
Quoting Barraka
Hi Billy, Was a bit late to my computer to watch the BB play out earlier. But today is a nice example of playing both sides of the BB, long first then short, both with +5. Given the PA I would have probably just went for the short, but anyway it played out nicely.
Both ends of the BB can be played, i just stay with one break.
I always keep my BB separate from the 00-00 trade.
Mainly because my trades are different sizes.

As posted earlier, i was shorting off the 00-00 and long off the 08-00 lol.
It works but keep them seperate.
trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,152
  • Oct 15, 2020 7:25am Oct 15, 2020 7:25am
Afternoon all. Dax again . M1 up-trend had rolled off...LL, LH, then took the break of that LL. Selling down to M30 demand zone, just into it a little to try to get my 20. It stalled slightly at the edge but then eased down a few pips to hit my TP

Attached Image (click to enlarge)
Click to Enlarge Name: GE30.sbM30.20201015_1300.png Size: 38 KB
  • #54,153
  • Oct 15, 2020 7:42am Oct 15, 2020 7:42am
Quoting stu
Afternoon all. Dax again . M1 up-trend had rolled off...LL, LH, then took the break of that LL. Selling down to M30 demand zone, just into it a little to try to get my 20. It stalled slightly at the edge but then eased down a few pips to hit my TP {image}
good trades . nice steady moves are goooood.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,154
  • Oct 15, 2020 7:47am Oct 15, 2020 7:47am
Cable hit adr (ok 5 off) and e/u hit adr.

i only concentrated on cable, and stopped trading what seems a long time ago.
Attached Image (click to enlarge)
Click to Enlarge Name: gu eu 15 10 A.png Size: 58 KB


A = adr marker ,,,, T = Trigger area
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,155
  • Oct 15, 2020 8:44am Oct 15, 2020 8:44am
Quoting billytt
{quote} good trades . nice steady moves are goooood.
Yup....learning to love them.....especially when it happens again, and I'm lucky enough to be around to catch it

Similar explanation as before.....M1 downtrend slowed as price filled its boots in M15/M30/H4 demand zones....once it headed north, I played a WZ trade up out of the arrowed candle, and got another 20!

Attached Image (click to enlarge)
Click to Enlarge Name: GE30.sbM30.20201015_1430.png Size: 33 KB
  • #54,156
  • Oct 15, 2020 8:51am Oct 15, 2020 8:51am
Playing the dead zone break on SPX this afternoon. Break of the 12pm - 1pm bar. Has been working fine for ages, but as soon as I pay attention to it, of course it looks like it will start whipping. In a short trade, looking for 10. Looks like we are about to go into stop and reverse to the upside.
  • #54,157
  • Oct 15, 2020 1:46pm Oct 15, 2020 1:46pm
Quoting ia1979
Playing the dead zone break on SPX this afternoon. Break of the 12pm - 1pm bar. Has been working fine for ages, but as soon as I pay attention to it, of course it looks like it will start whipping. In a short trade, looking for 10. Looks like we are about to go into stop and reverse to the upside.
It's always the way.

Bear in mind though, that the pairs used for The Dead Zone are not random, they were specifically chosen after about 6 months of testing to find pairs that all shared a similar movement profile.

It's admittedly been a while since I looked at possibly refreshing that list but generally they have stayed pretty stable.

I'll let you go find the list from the time I have began posting DZ.

Oh and they are always looked at in the order I post the charts. Top choices first.
  • #54,158
  • Oct 15, 2020 1:48pm Oct 15, 2020 1:48pm
Quoting ia1979
Playing the dead zone break on SPX this afternoon. Break of the 12pm - 1pm bar. Has been working fine for ages, but as soon as I pay attention to it, of course it looks like it will start whipping. In a short trade, looking for 10. Looks like we are about to go into stop and reverse to the upside.
It hasn't failed more than twice in quite some time. It decided to do it today lol. I followed it for 3 breaks, then called it a day. It made the points and then some on the 4th break. I think I should stick to the '2 breaks and move on' philosophy.
  • #54,159
  • Oct 15, 2020 4:20pm Oct 15, 2020 4:20pm
Quoting lemercenaire
{quote} It's always the way. Bear in mind though, that the pairs used for The Dead Zone are not random, they were specifically chosen after about 6 months of testing to find pairs that all shared a similar movement profile. It's admittedly been a while since I looked at possibly refreshing that list but generally they have stayed pretty stable. I'll let you go find the list from the time I have began posting DZ. Oh and they are always looked at in the order I post the charts. Top choices first.
Thanks Lem. I know you prefer UC as your top DZ candidate. And generally when it is butted up against supply/demand.

SPX generally works fine as well, and a quick visual would agree with this. The risk reward is normally quite attractive at around 1:1. Of course it went wrong because I was trying it out lol. I will go hunt out your list. Thanks.
  • #54,160
  • Oct 16, 2020 1:11am Oct 16, 2020 1:11am
Hi all.
00-00 4 hour bar break, nothing has happened yet.
t 07-11
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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