Billytt Die happy trading e/j daily breakout | Page 2840 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #56,781
  • Mar 1, 2021 3:31am Mar 1, 2021 3:31am
Quoting Wizzlebizzle
{quote} Roger. Just wonder if you are looking to fix a fail wether you would simply aim for a couple trades going for +5 points from other lines until you are +5 for the day, or go for bigger targets, or hop out once that next trade has got you back to +5. Buttt it's weekend. Music time https://www.youtube.com/watch?v=4fk2prKnYnI
Hi W, i am sure i answered something similar to this.
BUT, i want 5% off the 08-00 break AND CABLE. I work around this. This is my objective.

I will play around chasing the adr and just lately scalping dax.
Today i shorted a/u, this is playing. the 00-00 high break had failed and low broke, it then retraced slightly so as the bias is short, i went short. and now out.
I now have nothing to do until tomorrow. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,782
  • Edited 7:10am Mar 1, 2021 6:52am | Edited 7:10am
I have had an idea.
Cable and,or, e/u.
us open, if the 15 minute bar fails, ie it doesnt make +5 and spread i am going to trade the opposite end.
These 2 fail quite often so we have some chance off the second break.
t 12-52


edit. they can fail a 3rd. t12-58

edit, a/u is ok too for a first fail. t13-10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,783
  • Mar 1, 2021 7:01am Mar 1, 2021 7:01am
Cable chart, 15 minute...
A = exactly 70 from bottom to top.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 01 02 21 A.png Size: 24 KB
just saying.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,784
  • Mar 1, 2021 7:27am Mar 1, 2021 7:27am
Quoting billytt
{quote} Hi W, i am sure i answered something similar to this. BUT, i want 5% off the 08-00 break AND CABLE. I work around this. This is my objective. I will play around chasing the adr and just lately scalping dax. Today i shorted a/u, this is playing. the 00-00 high break had failed and low broke, it then retraced slightly so as the bias is short, i went short. and now out. I now have nothing to do until tomorrow. lol
Hi Billy,

Good morning and thank you (again).

This is what is consolidating in the back of my mind: Trade for the +5, if you make +5 call it a day (or keep playing if I'm bored like u say), if I don't make +5 I have some other strategies that generally offer a bit more than a +5, but take a bit more effort.
About 3/4 days ones makes +5 from the BillyBar, which would imply 1/4 days I need to work at fixing the trade.

Regarding your trade on AU. I understand the short trade you described. Two questions come to mind: 1. how would you decide to exit this trade? 2. In a similar way, could you have not entered long on the retrace after the break of the high as per the chart below?

ps. Not trading today myself

Wizz

edit: added chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-03-01 at 13.17.01.png Size: 88 KB
  • #56,785
  • Mar 1, 2021 7:31am Mar 1, 2021 7:31am
It looks like cable, e/u and a/u broke then kept moving same direction.
I am not trading any of them,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,786
  • Mar 1, 2021 7:35am Mar 1, 2021 7:35am
[quote=Wizzlebizzle;13432116]{quote} Hi Billy, Good morning and thank you (again). This is what is consolidating in the back of my mind: Trade for the +5, if you make +5 call it a day (or keep playing if I'm bored like u say), if I don't make +5 I have some other strategies that generally offer a bit more than a +5, but take a bit more effort. About 3/4 days ones makes +5 from the BillyBar, which would imply 1/4 days I need to work at fixing the trade. Regarding your trade on AU. I understand the short trade you described. Two questions come to mind: 1. how would you decide to exit this trade? 2. In a similar way, could you have not entered long on the retrace after the break of the high as per the chart below? ps. Not trading today myself Wizz[/quo

Hi Wizz, Do you remember how i posted of a Opportunist trade?
This is the same, i could of traded a long which would of failed, but my timing was to short it. I got 5 or 6 points.
This was not 5 or 6 percent.

I do not always trade retrace trades, only sometimes.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,787
  • Mar 1, 2021 7:37am Mar 1, 2021 7:37am
Quoting Wizzlebizzle
{quote} Hi Billy, Good morning and thank you (again). This is what is consolidating in the back of my mind: Trade for the +5, if you make +5 call it a day (or keep playing if I'm bored like u say), if I don't make +5 I have some other strategies that generally offer a bit more than a +5, but take a bit more effort. About 3/4 days ones makes +5 from the BillyBar, which would imply 1/4 days I need to work at fixing the trade. Regarding your trade on AU. I understand the short trade you described. Two questions come to mind: 1. how would you decide...
. aha, your chart has appeared
What you post is correct, we could of gone long as the bias was long, but when i saw the chart it had almost broke the low so i shorted.
Then got out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,788
  • Mar 1, 2021 7:47am Mar 1, 2021 7:47am
Quoting billytt
Quoting Wizzlebizzle
{quote} Hi Billy, Good morning and thank you (again). This is what is consolidating in the back of my mind: Trade for the +5, if you make +5 call it a day (or keep playing if I'm bored like u say), if I don't make +5 I have some other strategies that generally offer a bit more than a +5, but take a bit more effort. About 3/4 days ones makes +5 from the BillyBar, which would imply 1/4 days I need to work at fixing the trade. Regarding your trade on AU. I understand the short trade you described. Two questions come to
...
Hi, yes I remember the opportunist retrace trade indeed. Just asking to fill the gaps in my knowledge and to check if I am thinking along the right lines (pun intended) if you don't mind
  • #56,789
  • Mar 1, 2021 8:02am Mar 1, 2021 8:02am
Quoting billytt
I have had an idea. Cable and,or, e/u. us open, if the 15 minute bar fails, ie it doesnt make +5 and spread i am going to trade the opposite end. These 2 fail quite often so we have some chance off the second break. t 12-52 edit. they can fail a 3rd. t12-58 edit, a/u is ok too for a first fail. t13-10
Look at a/u.
low broke and failed, then high broke for the 5.
Attached Image

and yes, the bias is short , but like i said, the 13-00 fails quite often.

edit. and no, i did not trade it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,790
  • Mar 1, 2021 8:04am Mar 1, 2021 8:04am
Time no0w 14-04 with a/u , the bias is short so we can short, as price is in 00-00 range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,791
  • Mar 1, 2021 8:06am Mar 1, 2021 8:06am
Quoting billytt
I have had an idea. Cable and,or, e/u. us open, if the 15 minute bar fails, ie it doesnt make +5 and spread i am going to trade the opposite end. These 2 fail quite often so we have some chance off the second break. t 12-52 edit. they can fail a 3rd. t12-58 edit, a/u is ok too for a first fail. t13-10

Look at e/u, the 13-00 low broke and failed, high broke for 5+
i did not trade it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,792
  • Mar 1, 2021 9:43am Mar 1, 2021 9:43am
Quoting billytt
Time no0w 14-04 with a/u , the bias is short so we can short, as price is in 00-00 range.

This is good to see,
The short would of failed if we traded at that arrow.
BUT 2 bars along we could of got 10.
We do not do could of?
Attached Image (click to enlarge)
Click to Enlarge Name: au 01 03 21 C.png Size: 19 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,793
  • Mar 2, 2021 2:40am Mar 2, 2021 2:40am
+5 on Billy Bar
  • #56,794
  • Mar 2, 2021 2:45am Mar 2, 2021 2:45am
Cable, 08-00 break..
High broke for +5%.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,795
  • Mar 2, 2021 2:46am Mar 2, 2021 2:46am
Quoting Wizzlebizzle
+5 on Billy Bar
yaaaaaaaaaaaaaaaaay, nice one. Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,796
  • Mar 2, 2021 2:48am Mar 2, 2021 2:48am
Quoting billytt
{quote} yaaaaaaaaaaaaaaaaay, nice one. Hope you are well.
yaaaay. And you
  • #56,797
  • Mar 2, 2021 2:52am Mar 2, 2021 2:52am
And playing around with a short trade combo of my own Strat and 0-4 bias
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-03-02 at 08.50.30.png Size: 41 KB
  • #56,798
  • Mar 2, 2021 3:09am Mar 2, 2021 3:09am
Quoting Wizzlebizzle
And playing around with a short trade combo of my own Strat and 0-4 bias {image}
+30 as per the plan.
+35 for the day
  • #56,799
  • Mar 2, 2021 3:17am Mar 2, 2021 3:17am
Quoting Wizzlebizzle
{quote} +30 as per the plan. +35 for the day
Nice one bud.
i made 3 retrace trades with Cable. i was busted on one of them but this drop on the 09-00 bar fixed all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,800
  • Mar 2, 2021 3:19am Mar 2, 2021 3:19am
Quoting Wizzlebizzle
{quote} +30 as per the plan. +35 for the day
Well done.
72 traders viewing now