Billytt Die happy trading e/j daily breakout | Page 2907 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #58,121
  • May 6, 2021 7:34am May 6, 2021 7:34am
[quote=lemercenaire;13525969]
Quoting billytt
{quote} God almighty, he is STILL blabbering on about this? You have the patience of a saint, Billy. Truly.
There is so much blabbering my 0,01% added to it shouldn’t make a different.

I post facts and valid questions and never claimed to be a know it all but thanks for your feedback...
  • #58,122
  • May 6, 2021 7:45am May 6, 2021 7:45am
Quoting LenCohen
{quote} Are you actually mental? Why do you keep trying to trade this when you clearly hate it and have no faith in it?
No I am not. And i never said/wrote that i hate anything or have no faith in it.

You mix up things, maybe a mental issue, i don’t know.
  • #58,123
  • May 6, 2021 8:08am May 6, 2021 8:08am
Quoting Wizzlebizzle
{quote} It seems you have finally come to your own conclusions. This is what all of us have been trying to tell you over the past months. The question now is, what will you do now that you know 1. trading it for +5 is a losing proposition and 2. countering in and of itself has no statistical/mathmatical advantage (for you)?
I will try existing a losing trade earlier and maybe getting a better reward than the +5 at times instead of placing a counter trade. I see very often actually the break is good for far more than +5.

Then maybe moving my stop up once i am +7 or so to break even and let it run but not giving it more room than a -10/15 against me where I would then take the stop loss instead and wait for the next day. I guess its still a poor risk/reward but maybe it could end up net profitable by the end of a month at least this way without having to do all these random fixes I did so far, increasing position sizes after a fail and so on.

Thanks for all your help.
  • #58,124
  • Edited 11:56am May 6, 2021 10:16am | Edited 11:56am
Long live the "ignore' button. Much better than telling someone who is too narcissistic to notice his presence is not conducive to constructive thinking, to xuck off.
(Go away)

( Edited to spare the blushes of the more delicate and patient on this thread)
every Saint has a past. Every Sinner has a Future
  • #58,125
  • May 6, 2021 10:28am May 6, 2021 10:28am
Quoting turnip15
Long live the "ignore' button. Much better than telling someone who is too narcissistic to notice his presence is not conducive to constructive thinking, to fuck off.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,126
  • May 6, 2021 2:34pm May 6, 2021 2:34pm
Heck of Z-Line / Zone on Gold.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1hellofaZ-Line6thMy2021crop.png Size: 27 KB

Extends a decent way back as well.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1extendsafairwaybackMay6th2021crop.png Size: 30 KB
  • #58,127
  • May 7, 2021 2:45am May 7, 2021 2:45am
Cable not the billy bar
  • #58,128
  • May 7, 2021 2:53am May 7, 2021 2:53am
Hi all,
Cable 08-00 break. the high has broken and retraced down. i am not trading it.
Time now is 08-50, we could of entered a retrace trade. ( i call it opportunist trade). and made %%%.
i am busy concentrating on Dax and Nifty 50 so far. already taken a few points off long.
Trade well all. t now 08-53
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,129
  • May 7, 2021 3:18am May 7, 2021 3:18am
Quoting billytt
Hi all, Cable 08-00 break. the high has broken and retraced down. i am not trading it. Time now is 08-50, we could of entered a retrace trade. ( i call it opportunist trade). and made %%%. i am busy concentrating on Dax and Nifty 50 so far. already taken a few points off long. Trade well all. t now 08-53
hi billytt,
The retrace trade is sell?
  • #58,130
  • May 7, 2021 3:27am May 7, 2021 3:27am
Quoting KevinZeng
{quote} hi billytt, The retrace trade is sell?
no, it is a long.
My bias is long until the 00-00 4 hour range low is broken.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,131
  • Edited 4:44am May 7, 2021 4:32am | Edited 4:44am
Quoting KevinZeng
{quote} hi billytt, The retrace trade is sell?
hi again, and welcome.
chart shows cable 08-00 .
1 = bar broke high and then retraced down. We could go long anywhere on the drop/retrace.
2 = same again price dropped so we could go long.
Attached Image


edit, opops there a bar in between 1 & 2 which was a retrace. (red)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,132
  • May 7, 2021 6:28am May 7, 2021 6:28am
It is NFP day don't forget.

I actually just remembered ,,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,133
  • May 7, 2021 8:41am May 7, 2021 8:41am
Quoting billytt
It is NFP day don't forget. I actually just remembered ,,
I wonder if that's why the Nasdaq Futures took off for the moon earlier ?
A pleasant surprise albeit it could have gone the other way. So yes it pays to check the calendar, which to be honest, if I did I would have stayed out for a while.

Edit: Apologies for the poor chart. I am still getting used to the paucity of drawing tools on tradeStation. They are sufficient for trading ( I only need a couple of lines) but not so good if you want to write a story denoting areas etc on your chart. I might ask them to put me on TradeView charts since I have used them before.
Spreads are good - last Bid 13763:00 ASK 13763:50
Attached Image (click to enlarge)
Click to Enlarge Name: NasdaqFut2-25pmRocket.png Size: 514 KB
every Saint has a past. Every Sinner has a Future
  • #58,134
  • May 7, 2021 8:48am May 7, 2021 8:48am
Quoting turnip15
{quote} I wonder if that's why the Nasdaq Futures took off for the moon earlier ? A pleasant surprise albeit it could have gone the other way. So yes it pays to check the calendar, which to be honest, if I did I would have stayed out for a while. Edit: Apologies for the poor chart. I am still getting used to the paucity of drawing tools on tradeStation. They are sufficient for trading ( I only need a couple of lines) but not so good if you want to write a story denoting areas etc on your chart. I might ask them to put me on TradeView charts since...
the unemployment rate is rising, so interest rates will stay low, so thats good for the market.
trading is like dancing, don't think and just listen to the music!
  • #58,135
  • May 7, 2021 8:54am May 7, 2021 8:54am
Quoting turnip15
{quote} I wonder if that's why the Nasdaq Futures took off for the moon earlier ? A pleasant surprise albeit it could have gone the other way. So yes it pays to check the calendar, which to be honest, if I did I would have stayed out for a while. Edit: Apologies for the poor chart. I am still getting used to the paucity of drawing tools on tradeStation. They are sufficient for trading ( I only need a couple of lines) but not so good if you want to write a story denoting areas etc on your chart. I might ask them to put me on TradeView charts since...
Hi Mr T, today was good.
i concentrated on Dax and Nifty 50 and had some good breaks.
Just after NFP i saw that big green candle on cable, i just had to short it. ended up shorting it three times lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,136
  • May 7, 2021 8:56am May 7, 2021 8:56am
FTSE was brilliant as well, but i only looked on.
Trading 2 pairs at a time for me is more than enough.
(My 3rd cable short was pure fun).
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,137
  • May 7, 2021 9:23am May 7, 2021 9:23am
Quoting turnip15
{quote} I wonder if that's why the Nasdaq Futures took off for the moon earlier ? A pleasant surprise albeit it could have gone the other way. So yes it pays to check the calendar, which to be honest, if I did I would have stayed out for a while. Edit: Apologies for the poor chart. I am still getting used to the paucity of drawing tools on tradeStation. They are sufficient for trading ( I only need a couple of lines) but not so good if you want to write a story denoting areas etc on your chart. I might ask them to put me on TradeView charts since...
Hi Mr T, i cannot answer why Nas took off.
i have no idea, lol.
it isnt a line.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,138
  • May 7, 2021 9:29am May 7, 2021 9:29am
All my monitors are shut down now.
Hopefully when i switch them back on Monday, some profit taking will happen.
Have a good weekend all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #58,139
  • May 7, 2021 10:02am May 7, 2021 10:02am
Pretty good week trading, target hit and learning new things

Even better my whiskey half barrel from ebay has turned up and it doesn't leak!

Inserted Video


Have a great weekend everyone
  • #58,140
  • May 7, 2021 11:18am May 7, 2021 11:18am
Quoting Fagin
Pretty good week trading, target hit and learning new things Even better my whiskey half barrel from ebay has turned up and it doesn't leak! https://youtu.be/1snoWhN-Pgs Have a great weekend everyone
You too and enjoy the
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