Billytt Die happy trading e/j daily breakout | Page 3084 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #61,661
  • Jul 5, 2022 12:19am Jul 5, 2022 12:19am
t 06-18
Cable, yesterdays daily range = 81. Todays 00-00 4 hour bar range =24.
Nothing happening yet.
Trade well all.
t 06-19.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,662
  • Jul 5, 2022 12:27am Jul 5, 2022 12:27am
t 06-25
Dax 4 hour chart just copied.
X= inside bar, Boom high broke and up it went.
1 = other inside bars and an outside bar. all good triggers with one fail.
Attached Image (click to enlarge)
Click to Enlarge Name: dax 05 07 22 A.png Size: 8 KB

This is an example, i didnt trade any of them. I hour inside bars are King.
t 06-27
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,663
  • Jul 5, 2022 1:44am Jul 5, 2022 1:44am
t 07-41
Dax 4 hour chart just copied.
It looks like we will have an inside bar on the 04-00 to 08-00 4 hour.
Hopefully we will have high break and up ,lol. That is what i want.
We do not really need a quick whip , which happens with uk open.

I will be concentrating on Cable 07-45 15 min bar break and then maybe 08-0 break.

Attached Image (click to enlarge)
Click to Enlarge Name: DAX 05 07 22 B.png Size: 6 KB
t 07-44
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,664
  • Jul 5, 2022 1:55am Jul 5, 2022 1:55am
Quoting billytt
t 07-41 Dax 4 hour chart just copied. It looks like we will have an inside bar on the 04-00 to 08-00 4 hour. Hopefully we will have high break and up ,lol. That is what i want. We do not really need a quick whip , which happens with uk open. I will be concentrating on Cable 07-45 15 min bar break and then maybe 08-0 break. {image}t 07-44


edit. t 07-55 .. ahar. it is not an inside bar. the low has just broken. not to worry.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,665
  • Jul 5, 2022 2:03am Jul 5, 2022 2:03am
t 08-01
Cable. 07-45 15 min bar. High broke for 1%.
It is similar to yesterday, high broke and then reached the 00-00 4 hour bar high..
Yesterday, price kept moving up. Will it today?????? i am not bothered now lol.

I will look at the 08-00 15 min bar now.
t08-03
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,666
  • Jul 5, 2022 2:05am Jul 5, 2022 2:05am
t 08-04.
for my 1%, i am not looking for 5 pips/points. i got todays 1% in 3 pips.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,667
  • Jul 5, 2022 2:14am Jul 5, 2022 2:14am
t 08-13
look at cable drop. i didnt take the short. i have finished for the day, but i am watching Dax for a long trigger.
t 0 8-14
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,668
  • Jul 5, 2022 3:46am Jul 5, 2022 3:46am
t 09-45
dax 4 hour chart just copied.
That marked bar, was less than 1 point from being an inside bar. lol.

i still would not of shorted dax, as i only ever prefer to go long.
Attached Image (click to enlarge)
Click to Enlarge Name: dax 05 07 22 C.png Size: 4 KB
so it goes down, it will go back up, that is the easy part.
t 09-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,669
  • Jul 5, 2022 3:52am Jul 5, 2022 3:52am
The Dax 6:45am bar - not as straightforward as yesterday but got your ten pips if you scalp rather than hope for runaway prices.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30_2022-07-05_09-37-40_4247a.png Size: 126 KB
every Saint has a past. Every Sinner has a Future
  • #61,670
  • Jul 5, 2022 4:04am Jul 5, 2022 4:04am
Quoting turnip15
The Dax 6:45am bar - not as straightforward as yesterday but got your ten pips if you scalp rather than hope for runaway prices. {image}
Usual after 8am one minute trading for me. started with the usual approach and grabbing fives and tens but price then fell off he cliff for a fantastic short which kept price well below my channel lines etc. Not something you see every day.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30_2022-07-05_09-59-42_4aeda.png Size: 139 KB
every Saint has a past. Every Sinner has a Future
  • #61,671
  • Jul 5, 2022 4:18am Jul 5, 2022 4:18am
Quoting turnip15
{quote} Usual after 8am one minute trading for me. started with the usual approach and grabbing fives and tens but price then fell off he cliff for a fantastic short which kept price well below my channel lines etc. Not something you see every day. {image}
a lovely drop by dax.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,672
  • Jul 5, 2022 4:23am Jul 5, 2022 4:23am
Quoting turnip15
{quote} Usual after 8am one minute trading for me. started with the usual approach and grabbing fives and tens but price then fell off he cliff for a fantastic short which kept price well below my channel lines etc. Not something you see every day. {image}
Now I'm done for the morning I just noticed a couple of things: The second (ticked) trade was more luck than judgement - price ( albeit under the 200) fortunately did not bounce back to take out my signal candle and took me down to a lower low ( Pink line drawn from the left and projected forward and not subsequently altered because the original was not broken by newer lows ( prices touched it and moved back up towards channel).
The last loss ( X ) - I should have noted break was too close to pink line level - I should have waited to see if price broke broke below and followed through with another candle. The last winner (tick) was ideal theory - price broke and bounced against he underside of the projected unbroken low ( pink line) and then made a nice long red candle which was my short where that candle was broken to the downside. Then price stayed below channel making for a lower stress observation of price.
To summarise then; albeit I follow an approach it seems I do not always notice important price interaction with previous levels or consolidations and how present signals might be negated by them.
Apologies to both my readers for maybe having written too much; but I write this while thoughts are still fresh in my mind and then print this out, for my trading folder, for later reading
every Saint has a past. Every Sinner has a Future
  • #61,673
  • Jul 5, 2022 4:35am Jul 5, 2022 4:35am
Quoting turnip15
{quote} Now I'm done for the morning I just noticed a couple of things: The second (ticked) trade was more luck than judgement - price ( albeit under the 200) fortunately did not bounce back to take out my signal candle and took me down to a lower low ( Pink line drawn from the left and projected forward and not subsequently altered because the original was not broken by newer lows ( prices touched it and moved back up towards channel). The last loss ( X ) - I should have noted break was too close to pink line level - I should have waited to see...

good input Mr T, thank you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,674
  • Jul 5, 2022 4:46am Jul 5, 2022 4:46am
In fact, looking at several instruments, now I am finished for the morning, I notice they have the same fall off trend in price as the Dax, E/J etc
Just look at FTSE - it too fell off the cliff
( Weak news? - see "FF NEWS" header above)
Attached Image (click to enlarge)
Click to Enlarge Name: UK100_2022-07-05_10-41-54_3828a.png Size: 119 KB
every Saint has a past. Every Sinner has a Future
  • #61,675
  • Jul 5, 2022 6:22am Jul 5, 2022 6:22am
Quoting turnip15
{quote} Now I'm done for the morning I just noticed a couple of things: The second (ticked) trade was more luck than judgement - price ( albeit under the 200) fortunately did not bounce back to take out my signal candle and took me down to a lower low ( Pink line drawn from the left and projected forward and not subsequently altered because the original was not broken by newer lows ( prices touched it and moved back up towards channel). The last loss ( X ) - I should have noted break was too close to pink line level - I should have waited to see...
That was a bit of a rant on - trying to avoid hoovering lol ? Lol only joking you know that - good post.

Had a great morning selling cable. Wait now for US to open - surely be some buyers down there.
  • #61,676
  • Jul 5, 2022 6:27am Jul 5, 2022 6:27am
Quoting claudia1
{quote} That was a bit of a rant on - trying to avoid hoovering lol ? Lol only joking you know that - good post. Had a great morning selling cable. Wait now for US to open - surely be some buyers down there.

Cable was pure ecstasy dropping as it did.
i only took a few ( and i mean few) off the long. But it was enough.lol

I reckon if Mr T keeps hitting dax, he will be able to buy one of those hoovers which operate on themselves, they sort of run around and around all day long.
good Trades.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,677
  • Jul 5, 2022 6:31am Jul 5, 2022 6:31am
Quoting billytt
{quote} Cable was pure ecstasy dropping as it did. i only took a few ( and i mean few) off the long. But it was enough.lol I reckon if Mr T keeps hitting dax, he will be able to buy one of those hoovers which operate on themselves, they sort of run around and around all day long. good Trades.
Then Mrs T will teach him how to use the iron.
  • #61,678
  • Jul 5, 2022 7:11am Jul 5, 2022 7:11am
Quoting claudia1
{quote} Then Mrs T will teach him how to use the iron.
Her sister is staying with us for a month - she insists on helping Mrs T with housework and shopping. Just need her to volunteer for the garden - bliss.
every Saint has a past. Every Sinner has a Future
  • #61,679
  • Jul 5, 2022 7:13am Jul 5, 2022 7:13am
Quoting billytt
{quote} Cable was pure ecstasy dropping as it did. i only took a few ( and i mean few) off the long. But it was enough.lol I reckon if Mr T keeps hitting dax, he will be able to buy one of those hoovers which operate on themselves, they sort of run around and around all day long. good Trades.
Not likely. The dog would race around barking at it. Lem would have loved to see that ( he often wrote to me about his dogs etc)
every Saint has a past. Every Sinner has a Future
  • #61,680
  • Jul 5, 2022 7:15am Jul 5, 2022 7:15am
Quoting turnip15
{quote} Her sister is staying with us for a month - she insists on helping Mrs T with housework and shopping. Just need her to volunteer for the garden - bliss.
Sounds good ! didn't think you were looking forward to her arrival but if she does all the housework and shopping let her stay !!! There'll be a catch somewhere lol. Can feel your credit card getting hammer at the local restaurants.
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