Billytt Die happy trading e/j daily breakout | Page 2888 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #57,741
  • Apr 15, 2021 3:28am Apr 15, 2021 3:28am
hi all.
cable 08-00 break. high broke for +5%.
i am currently back to battering Dax, off the 04-00 4 hour bars.
I do not have precise stats as i would have with cable, but things are good.
The trades are more hit and miss lol, meaning many more winners than losers.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,742
  • Apr 15, 2021 3:42am Apr 15, 2021 3:42am
Someone asked about running a second trade.
Example, we have cable 08-00 15 min bar break. (and low breaks).
We enter short looking for 5 points, we also enter a second short and let it run.
This looks simple but we need to see where we are in the bigger picture.
Ideally that second trade should be chasing the daily range, so maybe it is following the second break of the 00-00 range.
It may also have broken an inside bar low, moving to DP or/and a 00.
All Clues to help us with the trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,743
  • Apr 15, 2021 3:44am Apr 15, 2021 3:44am
Cable isn't performing as nicely as it could or used to.
that is why i have been trading e/u and dax, these are also underperforming but dax is showing the way. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,744
  • Apr 15, 2021 3:51am Apr 15, 2021 3:51am
Quoting birdland
morning, as long as we stay above 1.3767 we could rather see an upday. next level is 1.3820 {image}
I'm watching this upper blue supply zone as well, price has moved away from it a couple of times now.

Not traded today, maybe later.
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  • #57,745
  • Apr 15, 2021 3:52am Apr 15, 2021 3:52am
Quoting billytt
Cable isn't performing as nicely as it could or used to. that is why i have been trading e/u and dax, these are also underperforming but dax is showing the way. lol
Billy -since you mentioned the Dax, it has perked up a bit today ( as opposed to the past few days -for me) a small break and price sits on previous rest and goes up.
Claudia's earlier FTSE post - it has worked yet again.
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every Saint has a past. Every Sinner has a Future
  • #57,746
  • Apr 15, 2021 4:41am Apr 15, 2021 4:41am
Perfect double top. Wait for NY now. Back to pivot then the dreaded 3750 ? We shall see.
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  • #57,747
  • Apr 15, 2021 4:42am Apr 15, 2021 4:42am
Quoting turnip15
{quote} Billy -since you mentioned the Dax, it has perked up a bit today ( as opposed to the past few days -for me) a small break and price sits on previous rest and goes up. Claudia's earlier FTSE post - it has worked yet again. {image}

Hi Mr t, i hope you are well and have slippers .
i have just traded dax simply with the break of the 4 hour bars.
1= break of 00-00 to 04-00.
2 = break of 04-00 to 08-00.
obviously if no break, no trade.
AND i will counter as soon as trade goes negative, it works. lol.
trade well.
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,748
  • Apr 15, 2021 4:49am Apr 15, 2021 4:49am
yesterday, cable high was a fail and i picked a few points on the low break, THEN let dax fix it. yaaaaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,749
  • Apr 15, 2021 4:58am Apr 15, 2021 4:58am
@ ia - both AJ and FTSE missed for me because of range. Looking at it right now and may increase from 15 to 20 from next week with +1 buffer. NTBB took an easy 10.
  • #57,750
  • Edited 6:37am Apr 15, 2021 5:55am | Edited 6:37am
Quoting claudia1
@ ia - both AJ and FTSE missed for me because of range. Looking at it right now and may increase from 15 to 20 from next week with +1 buffer. NTBB took an easy 10.
Decided to give AJ a miss last night due to the overall large range yesterday. It would have failed for me because I am still only taking one break. The high broke first, and hit SL. Looks like then the low broke and hit TP. There really is no perfect answer. One break or two. Might start going for 2 breaks with a smaller lot size.

Yeah 15 range does seem a bit small. Mine is set to minimum 10 and max 30. I think I will change my max to 25.
  • #57,751
  • Apr 15, 2021 6:09am Apr 15, 2021 6:09am
Quoting claudia1
Perfect double top. Wait for NY now. Back to pivot then the dreaded 3750 ? We shall see. {image}
S1 looking quite likely now, which just happens to be around our best friend 1.3750.

It feels like GU needs some vitamins or something to make it reach its ADR.
  • #57,752
  • Apr 15, 2021 7:11am Apr 15, 2021 7:11am
Quoting ia1979
{quote} S1 looking quite likely now, which just happens to be around our best friend 1.3750. It feels like GU needs some vitamins or something to make it reach its ADR.
US news at 13.30 should give the answer.
  • #57,753
  • Apr 15, 2021 7:47am Apr 15, 2021 7:47am
Quoting billytt
yesterday, cable high was a fail and i picked a few points on the low break, THEN let dax fix it. yaaaaaaaaaaaaaaaaaaaaaay.
By 0,4 Pips here. BillyBar high i had 1.37993, it broke by 137997, a difference of 0,4.

I was lucky not to get filled.

My buy trigger was 1.38005 TP 1.380061
My sell trigger was 1.37878 TP 1.37817

Sell got filled at 08:43 TP got hit 08:52, +6.1 Pips.

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  • #57,754
  • Apr 15, 2021 8:04am Apr 15, 2021 8:04am
Quoting ia1979
{quote} S1 looking quite likely now, which just happens to be around our best friend 1.3750. It feels like GU needs some vitamins or something to make it reach its ADR.
Cable is currently running an inside bar on the 4 hour, from 12-00 to 16-00,, obviously we still have 2 hours to run, but this should get the adr.
Should? lol.
Same happening with Dax.
Just saying, i have done for the day ages ago.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,755
  • Apr 15, 2021 8:24am Apr 15, 2021 8:24am
Quoting ia1979
{quote} Decided to give AJ a miss last night due to the overall large range yesterday. It would have failed for me because I am still only taking one break. The high broke first, and hit SL. Looks like then the low broke and hit TP. There really is no perfect answer. One break or two. Might start going for 2 breaks with a smaller lot size. Yeah 15 range does seem a bit small. Mine is set to minimum 10 and max 30. I think I will change my max to 25.
Remember there was big red news for the AUD last night UK time.
  • #57,756
  • Apr 15, 2021 8:47am Apr 15, 2021 8:47am
Quoting lemercenaire
{quote} Remember there was big red news for the AUD last night UK time.
There certainly was Lem. I forget to check the news at night, better get into the habit of doing so before big-ish trades. Cheers.
  • #57,757
  • Apr 15, 2021 9:54am Apr 15, 2021 9:54am
Quoting lemercenaire
{quote} Remember there was big red news for the AUD last night UK time.
Red news like a rash

Waited and waited for Dax to revive but everything seems to flatline on this chart. Not my best week but there will be other better weeks.
See you all next week.
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every Saint has a past. Every Sinner has a Future
  • #57,758
  • Apr 15, 2021 9:59am Apr 15, 2021 9:59am
Hm. Today range = 47,6, Yesterday = 64,1.

Selling at 1.37900 and buying at 1.37800 over the last hours could have made some nice profits.

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  • #57,759
  • Apr 15, 2021 10:12am Apr 15, 2021 10:12am
Quoting lddd
Hm. Today range = 47,6, Yesterday = 64,1. Selling at 1.37900 and buying at 1.37800 over the last hours could have made some nice profits. {image}
Good figures from the US but yet again, not much movement at all (either EU or GU).
  • #57,760
  • Apr 15, 2021 10:47am Apr 15, 2021 10:47am
Quoting turnip15
{quote} Red news like a rash Waited and waited for Dax to revive but everything seems to flatline on this chart. Not my best week but there will be other better weeks. See you all next week. {image} {image}
Maybe with the slight disturbance in the Ukraine having a knock on effect with dax.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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