Billytt Die happy trading e/j daily breakout | Page 2765 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #55,281
  • Jan 4, 2021 5:20am Jan 4, 2021 5:20am
Perfect D/Top. Back to pivot - maybe
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  • #55,282
  • Jan 4, 2021 5:42am Jan 4, 2021 5:42am
Quoting stu
{quote} ....TP was conservative, but I've seen an odd occasion where, if price does start to close the gap, it only partially closes before wandering off. Needed to get off to sleep so TP'd at the most likely spot it could reach before turning (after locking in 5)
Kl kl. Always remember to be careful of places price will do something at "the most likely spot" as that's where traps get set.

Think of it like Billy's way of looking at range...he knows stats say a range of "X" is likely but does he aim for that as a profit target? No. He looks for half of that or whatever.

Easiest way to run a set-and-forget for me is a fib map. So again, I know where the "likely" turning/hesitation points will be. However I don't set my tp there - I'll set it at between half and three quarters of that distance.

Just something to bear in mind.
  • #55,283
  • Jan 4, 2021 5:43am Jan 4, 2021 5:43am
Quoting claudia1
{quote} Lingfield today for me. Adam has a few rides and Gosden is there. Should be fun afternoon after Celtic letting me down. Back to GU.
Good luck. May have a look later myself. I had the Bills over the Dolphins NFL last night, so I started off just fine, lol.
  • #55,284
  • Jan 4, 2021 5:49am Jan 4, 2021 5:49am
Quoting lemercenaire
{quote} Good luck. May have a look later myself. I had the Bills over the Dolphins NFL last night, so I started off just fine, lol.
Thanks. Just want GU to touch that line. Bit of a gamble as it's obviously having a run up. Sat at b/e so no issue - can't even blame Billy.
  • #55,285
  • Jan 4, 2021 5:56am Jan 4, 2021 5:56am
Quoting claudia1
{quote} Thanks. Just want GU to touch that line. Bit of a gamble as it's obviously having a run up. Sat at b/e so no issue - can't even blame Billy.
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it probably was me.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,286
  • Jan 4, 2021 5:58am Jan 4, 2021 5:58am
Quoting claudia1
Perfect D/Top. Back to pivot - maybe {image}
Cable, my bias is long, my charts suggest long.
BUT,,,,,,, it doesn't look right. it is untrustworthy...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,287
  • Jan 4, 2021 5:59am Jan 4, 2021 5:59am
Quoting billytt
{quote} {image} it probably was me.
Inserted Video
  • #55,288
  • Jan 4, 2021 6:01am Jan 4, 2021 6:01am
if it hits 13660 my bias is short, and it is almost there. Not trading it though lol
t 12-01
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,289
  • Jan 4, 2021 6:02am Jan 4, 2021 6:02am
Quoting billytt
if it hits 13660 my bias is short, and it is almost there. Not trading it though lol t 12-01
it just hit the low, i am now thinking?????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,290
  • Jan 4, 2021 6:03am Jan 4, 2021 6:03am
Quoting billytt
{quote} {image} it probably was me.
They say, 'confession is good for the soul.'
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every Saint has a past. Every Sinner has a Future
  • #55,291
  • Jan 4, 2021 6:04am Jan 4, 2021 6:04am
Quoting billytt
{quote} it just hit the low, i am now thinking?????

t 12-03 i am short cable, if it plays tricks i will hopefully fix off the USA open bar.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,292
  • Jan 4, 2021 6:04am Jan 4, 2021 6:04am
Quoting claudia1
{quote} Thanks. Just want GU to touch that line. Bit of a gamble as it's obviously having a run up. Sat at b/e so no issue - can't even blame Billy.
We got there.
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  • #55,293
  • Jan 4, 2021 6:04am Jan 4, 2021 6:04am
Quoting turnip15
{quote} They say, 'confession is good for the soul.' {image}
If i had to confess, it would take a long time.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,294
  • Jan 4, 2021 6:07am Jan 4, 2021 6:07am
Quoting billytt
{quote} t 12-03 i am short cable, if it plays tricks i will hopefully fix off the USA open bar.

i am glad i posted above just before it dropped 10/11 lol, you lucky lucky bas, Monty Python
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,295
  • Jan 4, 2021 6:12am Jan 4, 2021 6:12am
Quoting claudia1
Perfect D/Top. Back to pivot - maybe {image}
Yep
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  • #55,296
  • Jan 4, 2021 6:16am Jan 4, 2021 6:16am
Quoting claudia1
{quote} Yep {image}
nice one, dp is another worthy average .(that makes 2) lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,297
  • Jan 4, 2021 6:19am Jan 4, 2021 6:19am
13635 would be nice, thats my 70 range. just saying
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,298
  • Jan 4, 2021 6:26am Jan 4, 2021 6:26am
Last bash today....need to get back to work!

Price retesting last weeks high so looking for short. It took a long time to go, and I needed to counter once as I thought it was heading up, however all good in the end . TP just above DR2

-7, +17, +22

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  • #55,299
  • Jan 4, 2021 6:34am Jan 4, 2021 6:34am
i have found a bag of Votes?
Has anybody lost any?
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #55,300
  • Jan 4, 2021 6:56am Jan 4, 2021 6:56am
nicked another 8 on M1 drop from supply towards demand. Yes, it's against Kijun, but it looked like it might go, and so I employed a Billy tactic i.e. if I sell a retrace then my loss is going to be a lot less than selling a break on the right side of Kijun (if it goes wrong).

Now....laptop shutting down!!

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Edit : here is the 'after' to demonstrate....Kijun trade would have been tricky but, in this case, trading the retrace meant positive pips.

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