Billytt Die happy trading e/j daily breakout | Page 2736 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #54,701
  • Dec 2, 2020 12:19pm Dec 2, 2020 12:19pm
Quoting billytt
Hi all, hope everyone is good. Cable , 08-00 15 minute bar break. It took ages to get the +5% off the low break. i actually got a few more %%% through a retrace trace. The 00-00 4 hour bar break. i started Long off high break and got what i wanted, THEN IT DROPPED, yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay. shorted off the low break and battered it.. trade well all.
Hi Billy

Didn’t you find the range of the 08-00 too big today? What was it, like 42 pips?

I had +2 today!
  • #54,702
  • Dec 2, 2020 12:59pm Dec 2, 2020 12:59pm
Only chance to see the charts today and just took a Double-Dip into USTec water.

USTec 1-min Z-Line Rebound In-Running at +3.2 +4.6 [+7.8]

Attached Image (click to enlarge)
Click to Enlarge Name: USTec2ndDec2020InRunningAt+3.2+4.6.png Size: 25 KB

Out +3.6 +9.2 [+12.8]

Attached Image (click to enlarge)
Click to Enlarge Name: USTec 1-min Closing Out At +3.6 +9.2.png Size: 24 KB
  • #54,703
  • Edited 1:26pm Dec 2, 2020 1:09pm | Edited 1:26pm
Quoting Outsocks
{quote} Hi Billy Didn’t you find the range of the 08-00 too big today? What was it, like 42 pips? I had +2 today!
Hi O, and welcome.
i was already battering Cable with my small trade off the 00-00 4 hour bar break.
As you say, 42 point range is big .i honestly cannot remember how big the range was, but it was big.
Quite often anything over 30/33ish i would leave but i was prepared to play it.

AND.... drrrrrrrrrrum rolllllllllllll,
The 04-00 4 hour outside bar AND 06-00 2hour outside bar had been broken.
Having said that, we did have some inside bars previous....
i played my game.

edit, look at chart below
Attached Image (click to enlarge)
Click to Enlarge Name: 02 12 20 A.png Size: 13 KB

Above chart. 1 = inside bars on 4 hour,
2 = outside bar of definitely the little inside bars and i think it was equal to the Mother Bar.

edit. obviously i have just turned on chart to post and the range was 42..
Is that the meaning of life??????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,704
  • Dec 2, 2020 1:18pm Dec 2, 2020 1:18pm
Quoting Outsocks
{quote} Hi Billy Didn’t you find the range of the 08-00 too big today? What was it, like 42 pips? I had +2 today!
and + 2 is good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,705
  • Dec 2, 2020 4:11pm Dec 2, 2020 4:11pm
Quoting billytt
{quote} Hi O, and welcome. i was already battering Cable with my small trade off the 00-00 4 hour bar break. As you say, 42 point range is big .i honestly cannot remember how big the range was, but it was big. Quite often anything over 30/33ish i would leave but i was prepared to play it. AND.... drrrrrrrrrrum rolllllllllllll, The 04-00 4 hour outside bar AND 06-00 2hour outside bar had been broken. Having said that, we did have some inside bars previous.... i played my game. edit, look at chart below {image} Above chart. 1 = inside bars on 4 hour,...
Thanks for the explanation! I only trade the 08-00 as of now, maybe I’ll play the 00-00 later on . And I’m happy with the +2, although I don’t trade with max lot size yet, the smalls wins also count!
  • #54,706
  • Dec 3, 2020 1:56am Dec 3, 2020 1:56am
Quoting Outsocks
{quote} Thanks for the explanation! I only trade the 08-00 as of now, maybe I’ll play the 00-00 later on . And I’m happy with the +2, although I don’t trade with max lot size yet, the smalls wins also count!
Well said.
i only look for 5 points with my main trade.
1 point of my 5 points = 20%, hope you know what i mean.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,707
  • Dec 3, 2020 3:59am Dec 3, 2020 3:59am
Quoting billytt
{quote} Well said. i only look for 5 points with my main trade. 1 point of my 5 points = 20%, hope you know what i mean.
I for sure see what you mean!

I got +1 today. Market couldn’t really find direction yet.. Got the low break and had a little sweat when it went straight to the upside. I got out a few moments later with the +1 and I’ll be on the sideline for now
  • #54,708
  • Dec 3, 2020 6:45am Dec 3, 2020 6:45am
Today wasn't too easy.
cable 08-00 15 bar break, Low broke and failed, BUT High broke and it continued up, i got 5% and fixed the fail.
i also got 1% 0ff my smaller trades.
Still a good day.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,709
  • Dec 3, 2020 7:30am Dec 3, 2020 7:30am
Quoting billytt
Today wasn't too easy. cable 08-00 15 bar break, Low broke and failed, BUT High broke and it continued up, i got 5% and fixed the fail. i also got 1% 0ff my smaller trades. Still a good day.
I'm learning a tremendous amount from the not too easy days. Still have counters I'm chipping away at.

Note to self: LESSON 1 NEVER COUNTER A COUNTER!
  • #54,710
  • Dec 3, 2020 8:39am Dec 3, 2020 8:39am
Quoting billytt
Today wasn't too easy. cable 08-00 15 bar break, Low broke and failed, BUT High broke and it continued up, i got 5% and fixed the fail. i also got 1% 0ff my smaller trades. Still a good day.
Hello. How did you fix the fail? So you go counter at -20, you locked in -20% instead +5%. You then increase your trade size with the second trade or just open a second trade of same size booking you in +5% with this new trade. Still you would be down -15% overall then?
  • #54,711
  • Dec 3, 2020 8:53am Dec 3, 2020 8:53am
Afternoon session only for me today but all good.

Decided to get on board with The Dirty30 and it got funky real quick.

US30 1-min +26.8
Entry was triggered on the 80-Tick chart, hence it seeming to be early and under the Kijun-sen here.

Attached Image (click to enlarge)
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  • #54,712
  • Dec 3, 2020 8:55am Dec 3, 2020 8:55am
Next up was a Double-Dip. Again, on the Dirty30.

US30 Z-Line Bounce +7.1 +13.6 [+20.7]

Attached Image (click to enlarge)
Click to Enlarge Name: Dirty30AgainDouble-DipOn1-minFor+7.1+13.6Dec3rd2020.png Size: 22 KB
  • #54,713
  • Dec 3, 2020 9:03am Dec 3, 2020 9:03am
Again...

Another Double-Dip off the Kijun-sen.

US30 1-min for +4.5 +5 [+9.5]

Attached Image (click to enlarge)
Click to Enlarge Name: Dirty30AnotheDDfor+4.5+5Dec3rd2020.png Size: 22 KB
  • #54,714
  • Dec 3, 2020 9:07am Dec 3, 2020 9:07am
Yep...

US30 1-min Off Turncoat Resistance +4.8

Attached Image (click to enlarge)
Click to Enlarge Name: Dirty30on1-minOffTurncoatResFor+4.8onDec3rd2020.png Size: 22 KB
  • #54,715
  • Edited 9:54am Dec 3, 2020 9:20am | Edited 9:54am
Dum dee dum...

US30 1-min Bounce from Something for +9.9

Attached Image (click to enlarge)
Click to Enlarge Name: Dirty30on1-minFor+9.9bounceDec3rd2020.png Size: 22 KB
  • #54,716
  • Dec 3, 2020 9:45am Dec 3, 2020 9:45am
Last one...probably...as price heads up to the major H1 Block.

US30 1-min +8

Attached Image (click to enlarge)
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  • #54,717
  • Dec 3, 2020 9:47am Dec 3, 2020 9:47am
Quoting lemercenaire
Last one...probably...as price heads up to the major H1 Block. US30 1-min +8 {image}
Very nice trading Lem. Do you find indices better to trade than FX?
  • #54,718
  • Dec 3, 2020 9:47am Dec 3, 2020 9:47am
US30 Total on The Day: +79.7
  • #54,719
  • Dec 3, 2020 9:52am Dec 3, 2020 9:52am
Quoting Fagin
{quote} Very nice trading Lem. Do you find indices better to trade than FX?
Cheers. I find the indices more predictable. Once you see a certain behaviour, you can be pretty certain that it will unfold the same way it did the last time you saw it.

They all also work in their own reasonably well-defined time-slots, so you know where to find them doing their thing at pretty much the same time day after day.
  • #54,720
  • Dec 3, 2020 10:15am Dec 3, 2020 10:15am
Quoting Avery
{quote} Hello. How did you fix the fail? So you go counter at -20, you locked in -20% instead +5%. You then increase your trade size with the second trade or just open a second trade of same size booking you in +5% with this new trade. Still you would be down -15% overall then?
Hi, after the event is easy to explain.
This is what happened.
My first trade failed, i was minus 20. i went long looking for my +5% which i got.
i also now have a second trade running, a counter, this got me my +20. EASY lol.
Chart below, cable 15 minute.
Attached Image (click to enlarge)
Click to Enlarge Name: 03 12 20 A.png Size: 29 KB
T = 00-00 4 hour area.
1 = 08 15 minute bar.
2 = 70 range indicator but dont look at them.
when i went long after the fail, i had good odds of hitting the daily range, which i did.
Don't think i double up, i do adjust my trade size but all the trades are kept separate from each other.

I didnt do it today but i could easily of made a couple of retrace trades short, like i did yesterday.
Today , the high break could of failed and if it had i would of gone short.
Trade well.

edit, i was also long off the 00-00 high break, smaller size. got 1%
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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