Billytt Die happy trading e/j daily breakout | Page 3073 | 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

  • #61,441
  • Jun 20, 2022 1:49am Jun 20, 2022 1:49am
that was a frantic start to the week,
All is ok now, we had a fail then a drop plus the 08-=00 15 min bar low broke and everything was good, yaaaaaaaaaaaaaaaaaaay.

even though my bias is long due to the 00-00 4 hour bar range high being broken, i still went short off the 07-45 and 08-00 .
yipppppppppppppeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
t 09-49
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,442
  • Jun 20, 2022 2:02am Jun 20, 2022 2:02am
Quoting claudia1
{quote} Going to be a slow day got Bank Holiday in the US.

i only just saw your post C.
The day can stop now, as i have finished . sun time yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,443
  • Jun 20, 2022 2:03am Jun 20, 2022 2:03am
t 10-02
Mr T is probably on the PIMMS again. yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,444
  • Jun 20, 2022 2:16am Jun 20, 2022 2:16am
Quoting billytt
t 10-02 Mr T is probably on the PIMMS again. yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
No -he is out shopping with Mrs T - or is that paying for Mrs T's purchases.
Back later to look at things.

Have Lem's kidnappers issued a ransom demand yet ?
every Saint has a past. Every Sinner has a Future
  • #61,445
  • Jun 20, 2022 2:16am Jun 20, 2022 2:16am
Quoting billytt
t 10-02 Mr T is probably on the PIMMS again. yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
Bit early for Mr T even but you never know !!
  • #61,446
  • Edited 3:27am Jun 20, 2022 2:53am | Edited 3:27am
Quoting billytt
that was a frantic start to the week, All is ok now, we had a fail then a drop plus the 08-=00 15 min bar low broke and everything was good, yaaaaaaaaaaaaaaaaaaay. even though my bias is long due to the 00-00 4 hour bar range high being broken, i still went short off the 07-45 and 08-00 . yipppppppppppppeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee t 09-49
Yes Frantic,
silent reader on the forum, fan of the methods.
While i have played the same candles, i have ended up with a bunch counters, infact gave up some of my wins from Friday in holding counters.
here below i have a 15 min chart attached with arrows showing my thinking process.(note the counters on the midlines have been closed already,
Please kindly advise what do i seem to be missing here.?
From what i see when these breaks fails, it should shoot for the opposite of the range, which it indeed does most times(cute when it does coz then you get to fix your fail easily) but when its messing around like it did earlier i get caught up in a loop, what's the best way to go around this?

Thanks Guys
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 85 KB
  • #61,447
  • Jun 20, 2022 6:13am Jun 20, 2022 6:13am
No trades for me today but here are the charts

Dax 15 minute bar round up ( Claudia's idea) and the E/J 5 minute

Dax was gain, an easier morning to trade.
E/J gave a series of 5 pippers William :-)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY_2022-06-20_14-07-47_2b8ac.png Size: 158 KB
Click to Enlarge Name: GER30_2022-06-20_13-30-09_4c458.png Size: 140 KB
Click to Enlarge Name: GER30_2022-06-20_13-29-35_f5e1f.png Size: 143 KB
every Saint has a past. Every Sinner has a Future
  • #61,448
  • Jun 20, 2022 7:20am Jun 20, 2022 7:20am
Quoting allaka
{quote} Yes Frantic, silent reader on the forum, fan of the methods. While i have played the same candles, i have ended up with a bunch counters, infact gave up some of my wins from Friday in holding counters. here below i have a 15 min chart attached with arrows showing my thinking process.(note the counters on the midlines have been closed already, Please kindly advise what do i seem to be missing here.? From what i see when these breaks fails, it should shoot for the opposite of the range, which it indeed does most times(cute when it does coz...
Hi and welcome.
the 00-00 4 hour bar high broke and was good.
the 04-00 4 hour bar high broke and was good. This was also an inside bar.

i have been writing this for ages lol. i keep going outside in the sun.
The 07-45 15 min bar high broke and failed, the low broke as did the 08-00 15 minute bar break, these fixed the fail and made profit.

We do not need to counter, just close the trade and trade the next break, you will have to adjust the lot size.
I always counter, as this is in my blood.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,449
  • Jun 20, 2022 8:13am Jun 20, 2022 8:13am
Quoting billytt
{quote} Hi and welcome. the 00-00 4 hour bar high broke and was good. the 04-00 4 hour bar high broke and was good. This was also an inside bar. i have been writing this for ages lol. i keep going outside in the sun. The 07-45 15 min bar high broke and failed, the low broke as did the 08-00 15 minute bar break, these fixed the fail and made profit. We do not need to counter, just close the trade and trade the next break, you will have to adjust the lot size. I always counter, as this is in my blood. Trade well.

Thanks, me too been reading this for a year or so seems ages lol. Originally i got on the thread for the counters. Cool i will close them fails, ofcourse lot size adjustments noted. You guys are legends from this thread i found out about space knowledge recently. The Journey continues.
  • #61,450
  • Jun 20, 2022 9:21am Jun 20, 2022 9:21am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW2.png Size: 28 KB

Looks like Billy got a handful of pips.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #61,451
  • Jun 20, 2022 10:35pm Jun 20, 2022 10:35pm
t 06-33
Cable 4 hour chart just copied.
yesterdays daily range = 81..... today's 00-00 4 hour range = 37. and nothing happening yet.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 21 06 A.png Size: 4 KB


Have a good longest day yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,452
  • Jun 20, 2022 11:27pm Jun 20, 2022 11:27pm
t 07-25
Cable 15 min chart just copied.
The 00-00 4 hour bar low has just been broken. I am not trading it ,but my bias is low. hopefully we shall have more low off the 07-45 and 08-00 15 min bars. Lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 21 06 B.png Size: 8 KB
t 07-27
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,453
  • Jun 21, 2022 12:16am Jun 21, 2022 12:16am
t 08-15
FF seems to of had a glitch.
So the 07-45 High broke for a most definate 1% lol.
i am not trading the 08-00 15 min bar unless it drops.

t 08-16


edit. the 08-00 15 high break would of been good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,454
  • Jun 21, 2022 1:17am Jun 21, 2022 1:17am
Sweet counters today.
- Low 00: 4hr triggered for a fail.
-Counter on the midlines to top of range.
-High 00 and 8.00 4hr ranges broke for points.
-7.45 and 8.00 15 min broke high for points.
Fixed the low 00. 4 hr fail and some more to cover my bad midline counters from yesterday and some more. These counters such a mind fix, only if they all move as sweet as today. !!!
Still not sure decided how to manage those trades around the midline, will be experimenting with closing the fails to compare results and stats.

15 min chart. copied
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 77 KB
  • #61,455
  • Jun 21, 2022 1:32am Jun 21, 2022 1:32am
Quoting allaka
Sweet counters today. - Low 00: 4hr triggered for a fail. -Counter on the midlines to top of range. -High 00 and 8.00 4hr ranges broke for points. -7.45 and 8.00 15 min broke high for points. Fixed the low 00. 4 hr fail and some more to cover my bad midline counters from yesterday and some more. These counters such a mind fix, only if they all move as sweet as today. !!! Still not sure decided how to manage those trades around the midline, will be experimenting with closing the fails to compare results and stats. 15 min chart. copied {image}
Think I've gotten more interested in fixing than trading, it's a bit of a mind game

I use my fib tool to "map" out my fixes, there are dozens of ways tofix, just got to find what fits with you.

Attached Image (click to enlarge)
Click to Enlarge Name: fib counter.png Size: 10 KB
  • #61,456
  • Jun 21, 2022 2:14am Jun 21, 2022 2:14am
6:45am Dax Claudia bar gets a few points again.
As an aside I have also shown the one minute chart I use for trading my usual approach after the Claudia bar. I show a losing short and losing long ( right side of chart) - at that point I look for a nearby high and low and sit and wait to allow for any potentially damaging sideways drift. If I lose three times in a row I stop trading. By ten am I am usually done.

EDIT: Just noticed if I had followed higher highs I might have avoided two earlier bad trades.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30_2022-06-21_10-08-06_8b542.png Size: 138 KB
Click to Enlarge Name: GER30_2022-06-21_09-56-59_655cb.png Size: 158 KB
every Saint has a past. Every Sinner has a Future
  • #61,457
  • Jun 21, 2022 2:19am Jun 21, 2022 2:19am
Let's not forget the E/J - some days are brilliant -many others are "nibbles for 5 pips a time" days. Today was/is great on the 5 minute, which is the time frame I use for Forex ( Just the one pair - E/J)

Hope I am not boring anyone since I notice what I post seems to be separate from the discussions here.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY_2022-06-21_10-17-10_516d1.png Size: 141 KB
every Saint has a past. Every Sinner has a Future
  • #61,458
  • Jun 21, 2022 2:57am Jun 21, 2022 2:57am
Quoting turnip15
Let's not forget the E/J - some days are brilliant -many others are "nibbles for 5 pips a time" days. Today was/is great on the 5 minute, which is the time frame I use for Forex ( Just the one pair - E/J) Hope I am not boring anyone since I notice what I post seems to be separate from the discussions here. {image}
You post really good info Mr T.
Maybe it is not what i use but still good and interesting.

It is funny you mention your 1 min chart on Dax, because earlier i almost posted something very similar with my own views.
Maybe later i shall post Dax 1 min trades.
Trade well and thankeeeeeeeeeeeee .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,459
  • Jun 21, 2022 10:34pm Jun 21, 2022 10:34pm
t 06-30
Dax 1 minute chart just copied.
Mr T, this is what i was going to post yesterday.
It is simply just a break of a High range.
It isnt the highest high or lowest low. But simply just a high from x amount of time earlier.
So 1 = High and 90 + minutes later this high is broken by =2. we made approx 10 points.

this type of trade is hoping to carch the big moves in the early hours of trading.
Attached Image (click to enlarge)
Click to Enlarge Name: Dax 21 6 A.png Size: 6 KB
t 06-34
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,460
  • Jun 21, 2022 10:37pm Jun 21, 2022 10:37pm
t 06-35
Cable 4 hour chart just copied.
Yesterdays daily range =80. todays 00-00 4 hour range = 42.
The 00-00 4 hour range low has broken.
I am waiting to trade off the 07-45 15 min range, or/and the 08-00 15 min range. lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 22 06 B.png Size: 6 KB
t 06-37
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
45 traders viewing now