Billytt Die happy trading e/j daily breakout | Page 2879 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #57,561
  • Apr 8, 2021 5:59am Apr 8, 2021 5:59am
Quoting claudia1
{quote} Clues are here ... {image}
Price is below the daily pivot but above the daily open. Hate it when that happens. And to top it off, we have 1.3750 in the middle. I think we might see 1.37 or 1.38 today, as the ADR allows for this. I am short just now, looking for 1.3720 again. We broke yesterday's low earlier, which is why I would now prefer to hit 1.37. But like Bird says, that might have been a stop hunt.
  • #57,562
  • Apr 8, 2021 6:03am Apr 8, 2021 6:03am
Quoting ia1979
{quote} Price is below the daily pivot but above the daily open. Hate it when that happens. And to top it off, we have 1.3750 in the middle. I think we might see 1.37 or 1.38 today, as the ADR allows for this. I am short just now, looking for 1.3720 again. We broke yesterday's low earlier, which is why I would now prefer to hit 1.37. But like Bird says, that might have been a stop hunt.
Out right now waiting NY as always. Can see this going back to pivot at 66 area.
  • #57,563
  • Apr 8, 2021 6:51am Apr 8, 2021 6:51am
Quoting claudia1
{quote} Out right now waiting NY as always. Can see this going back to pivot at 66 area.
Mystic Claudia strikes again. Back to the pivot indeed.
  • #57,564
  • Apr 8, 2021 8:00am Apr 8, 2021 8:00am
Some real manipulation going on right now
  • #57,565
  • Apr 8, 2021 8:10am Apr 8, 2021 8:10am
Quoting ia1979
Some real manipulation going on right now
Think they are waiting for Claudia's order..
  • #57,566
  • Apr 8, 2021 8:14am Apr 8, 2021 8:14am
Quoting Fagin
{quote} Think they are waiting for Claudia's order..
lol or maybe trying to find where Billy and Lem are hiding
  • #57,567
  • Apr 8, 2021 10:10am Apr 8, 2021 10:10am
Quoting ia1979
Some real manipulation going on right now
always;-)
trading is like dancing, don't think and just listen to the music!
  • #57,568
  • Apr 8, 2021 11:42am Apr 8, 2021 11:42am
Got slaughtered again today on GU having traded it between 13-16 GMT now. I got stopped out for -15 on two trades i entered + a counter running on a third entry at -13. Not traded the BillyBar which would have worked out fine today.
  • #57,569
  • Apr 8, 2021 1:08pm Apr 8, 2021 1:08pm
Quoting lddd
Got slaughtered again today on GU having traded it between 13-16 GMT now. I got stopped out for -15 on two trades i entered + a counter running on a third entry at -13. Not traded the BillyBar which would have worked out fine today.
GU was a real pain today. I’m in a counter, never got the opportunity to close it as price didn’t quite reach my desired areas on either side.
  • #57,570
  • Apr 8, 2021 1:41pm Apr 8, 2021 1:41pm
Quoting lddd
Got slaughtered again today on GU having traded it between 13-16 GMT now. I got stopped out for -15 on two trades i entered + a counter running on a third entry at -13. Not traded the BillyBar which would have worked out fine today.
Make a plan write it down and stick to it. Read it every morning make it your bible and follow it - discipline.

Seems to me you're jumping about all over the place right now with no direction.

Just trying to help.
  • #57,571
  • Apr 8, 2021 4:09pm Apr 8, 2021 4:09pm
Quoting claudia1
{quote} Make a plan write it down and stick to it. Read it every morning make it your bible and follow it - discipline. Seems to me you're jumping about all over the place right now with no direction. Just trying to help.
Hi, yes you are right. The plan so far has been to trade the BillyBar that i followed with enormous discipline since last May and was doing good. However the doing good in financial terms has been more due to the fact of my "all over the place" recovery trades i did making the pips back that otherwise would have wiped me out easily if taking them as a fixed loss.

After listening to the advices i got and my own studies (i do read a lot) it made me tied up, finding a way to fix for the failed trades, but in a more routined way, basically leading me to the same unsolved questions i had last year.

So possible that the plan is just not working for me. I am still profitable overall but far from where i would like to be. I would have to increase my trade size per single trade heavily to get where i want to be with the +5. But it doesn't feels right if then having to constantly fix the mess by placing more and more trades, not necessarily having a new statistical backed entry setup with a good probability of success. Placing trades of huge size by nothing more than watching a naked price chart at random times of the day or hedging the failed trade without even knowing how to come out of it then at a later stage.

On the other hand i haven't found any real alternatives. Looking for the home runs and big numbers of pips, long term swing trading stuff isn't my thing. I am also not trying to grow my account. I already have a savings account and other longer term investments.

Then you always hear "do not jump from method to method", keep it simple, and all that stuff and you start thinking mhhh, wtf? :-)

So yes again, you are absolutely right. Last few weeks i have been all over the place.
  • #57,572
  • Apr 8, 2021 7:41pm Apr 8, 2021 7:41pm
+4 AJ 2H range break after NY close
(didn't trade it yesterday. Vet day for our 2 cats was enough drama for my nerves for one day, and went to the pub after that to calm down)

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY 32.jpg Size: 151 KB
  • #57,573
  • Apr 9, 2021 12:46am Apr 9, 2021 12:46am
+5 on the GU 4H break.

Small lot size but a win never the less, "Little fish are sweet" they say.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 19.jpg Size: 152 KB
  • #57,574
  • Apr 9, 2021 1:36am Apr 9, 2021 1:36am
Friday is a day when games get played. Not including the 2nd of April, the 4 or 5 Fridays before that GU has had a big range, over 140 in some cases. Well above average. Be safe and expect the unexpected. I would not rule out getting close to 1.36 today.
  • #57,575
  • Apr 9, 2021 2:31am Apr 9, 2021 2:31am
Quoting ia1979
{quote} GU was a real pain today. I’m in a counter, never got the opportunity to close it as price didn’t quite reach my desired areas on either side.
Both the long and short closed from yesterday now thanks to the big down move this morning, and the subsequent bounce from the 1.3670 area. I still feel we have more short potential for now. My next area of interest is 1.3650 which is well within normal ADR.
  • #57,576
  • Apr 9, 2021 3:30am Apr 9, 2021 3:30am
Hi all.
Cable 08-00 break. High broke for +5%. i actually traded it.

Yet again, i was trading e/u short.
i have actually finished for the day but it looks like its dropping now at 09-29.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,577
  • Apr 9, 2021 3:33am Apr 9, 2021 3:33am
[quote=lddd;13487478]{quote} Hi, yes you are right. The plan so far has been to trade the BillyBar that i followed with enormous discipline since last May and was doing good. However the doing good in financial terms has been more due to the fact of my "all over the place" recovery trades

Work on those all over the place trades? Winners may have a pattern/stats.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,578
  • Apr 9, 2021 3:35am Apr 9, 2021 3:35am
Quoting claudia1
Billy your new friend from yesterday is now showing 'Membership Revoked'.
yaaaaaaaaaaaaaaaaay, i know i got him originally suspended.BUT a revoke is wonderful.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,579
  • Apr 9, 2021 3:37am Apr 9, 2021 3:37am
Quoting lemercenaire
{quote} I've been disappointed by and cautious around The DAX for a good while now. Something is off about it and I'm leaving it alone until I see behaviour I recognise. For now I am running the NAS100, EA with Dead Horse and not much else.
Hi Lem, Same here with me and Cable.
Cable is moving blah blah but it isn't the same... Maybe i got used to it being too easy in the past.lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,580
  • Apr 9, 2021 3:40am Apr 9, 2021 3:40am
Quoting claudia1
{quote} lol or maybe trying to find where Billy and Lem are hiding

I am still here,, i am going out more and more, a trot through the trees to the sea and chilling.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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