Billytt Die happy trading e/j daily breakout | Page 3018 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #60,341
  • Jan 25, 2022 12:25am Jan 25, 2022 12:25am
Quoting TooSlow
{image}
Thank you for the info.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,342
  • Edited 1:08am Jan 25, 2022 12:31am | Edited 1:08am
Cable chart copied a couple of minutes ago.

Just an example,
we had No 1 = cable open at 00-00 midnight.
We trade it off the high/low of the previous days 20-00 4 hour bar .

At the open, yet again i place 2 black 70 range vertical lines.
00-00 opened and price broke the 20-00 bar low.....it made approx 10 before moving back up.

The point of this post is, should the price move back up and break high (FAIL) you can see how much range we have to play with,
Having said that, 10 points should be enough.
I didnt trade it, just showing.
Attached Image (click to enlarge)
Click to Enlarge Name: 25 01 22 A.png Size: 12 KB
t 06-31

edit at 07-08 dont forget , with that small 20-00 4 hour bar, we have slightly more chance of whip.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,343
  • Jan 25, 2022 1:13am Jan 25, 2022 1:13am
t 07-11 cable charty just copied.
i have already moved one of the black 70 range lines. from below
Attached Image (click to enlarge)
Click to Enlarge Name: 25 01 22 A.png Size: 12 KB
to below
Attached Image (click to enlarge)
Click to Enlarge Name: 25 B.png Size: 10 KB

i will short off this 00-00 4 hour bar if low breaks, if it moves up i will long.
t 07-13
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,344
  • Jan 25, 2022 1:43am Jan 25, 2022 1:43am
t 07-43
which way will cable go????
we have a nice bit of Claudia consolidation on the hour. lets see.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,345
  • Jan 25, 2022 1:49am Jan 25, 2022 1:49am
Quoting billytt
t 07-43 which way will cable go???? we have a nice bit of Claudia consolidation on the hour. lets see.
50/50!
  • #60,346
  • Jan 25, 2022 1:54am Jan 25, 2022 1:54am
Quoting Fagin
{quote} 50/50!
lol, its fixed so not 50/50 lol. i dont know which way
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,347
  • Jan 25, 2022 2:13am Jan 25, 2022 2:13am
Quoting billytt
{quote} lol, its fixed so not 50/50 lol. i dont know which way
Ha! I'm now long. Just.... blame the spread!
  • #60,348
  • Jan 25, 2022 2:34am Jan 25, 2022 2:34am
Quoting Fagin
{quote} Ha! I'm now long. Just.... blame the spread!
same here lol, i hate trading cable long.


big chance ill have to play it, counters etc.
t 08-34
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,349
  • Jan 25, 2022 2:55am Jan 25, 2022 2:55am
t 08-54

Cable, i am out of the long, got my 5, it is moving far too slow for this time of day.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,350
  • Jan 25, 2022 2:57am Jan 25, 2022 2:57am
i would still like to short cable ,if the trigger happens. lol
t 08-57
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,351
  • Jan 25, 2022 3:04am Jan 25, 2022 3:04am
t 09-03
it is still early, but that cable 04-00 4 hour bar was an inside bar, and the 08-00 has already broken its High, so should go up.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,352
  • Jan 25, 2022 3:41am Jan 25, 2022 3:41am
Quoting billytt
t 09-03 it is still early, but that cable 04-00 4 hour bar was an inside bar, and the 08-00 has already broken its High, so should go up.
All done
  • #60,353
  • Jan 25, 2022 4:17am Jan 25, 2022 4:17am
Quoting Fagin
{quote} All done
good good.
How is your dog.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,354
  • Jan 25, 2022 4:39am Jan 25, 2022 4:39am
i came a bit late in today but joined the party on the break of the donwside for +5 ;-)
trading is like dancing, don't think and just listen to the music!
  • #60,355
  • Jan 25, 2022 4:54am Jan 25, 2022 4:54am
Quoting billytt
{quote} good good. How is your dog.
Seems to be ok thanks but no sign of the bag, must have stomach like a mako shark...!
  • #60,356
  • Jan 25, 2022 4:59am Jan 25, 2022 4:59am
Quoting birdland
i came a bit late in today but joined the party on the break of the donwside for +5 ;-)
Well done I bottled the 2nd entry, didn't like the price action but it looks like a good break.
  • #60,357
  • Jan 25, 2022 5:54am Jan 25, 2022 5:54am
Cable is/was a bit scrappy today.
the low did break as you can see. i got 5 off the low and got out. Plus the 5 off the high.

walkies now.
Trade well .
t 11-54
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,358
  • Jan 25, 2022 7:10am Jan 25, 2022 7:10am
i didnt go for a walk, lol.

even though i have stopped trading for the day,
i see that the 12-00 bar has broken yesterdays daily range low.
this should be ok . I am leaving it though.
t 13-10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,359
  • Jan 25, 2022 2:52pm Jan 25, 2022 2:52pm
Quoting billytt
i didnt go for a walk, lol. even though i have stopped trading for the day, i see that the 12-00 bar has broken yesterdays daily range low. this should be ok . I am leaving it though. t 13-10
OMG lol. That is what Cpt Smith said just after Titanic whooped the ice. It should be OK.
Yesterday's low broke and then immediately retraced up. It got to open price and kept going. It got approx 30.
That's trading.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,360
  • Jan 25, 2022 3:16pm Jan 25, 2022 3:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW4.png Size: 52 KB

Cable bottomed and then ran 70+ pips northbound ( AQUA LINE ). Each time a new daily high/low is established, the corresponding RAT line is moved to show the 70 "target".
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