Billytt Die happy trading e/j daily breakout | Page 3096 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #61,901
  • Jul 21, 2022 4:03am Jul 21, 2022 4:03am
Quoting billytt
Back, its a lot warmer than i thought..
we all take refuge in the cave like wombats
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trading is like dancing, don't think and just listen to the music!
  • #61,902
  • Jul 21, 2022 4:42am Jul 21, 2022 4:42am
Quoting turnip15
{quote} Look at the retracement from that left looking high at 31840 ( 31850 line just above) best to take what you got at those levels and sit back or get Mrs T a Pimms You can always get back in later BUT with that haul would you risk it. Not me anyway cos I am chicken EDIT Just just returned to, and passed, yesterdays high at 31865 around 1547hrs UK time {image}

look, this is how i trade lauras approach: +10 with the ema touch reaction. (blue arrow.)

and this is how i interpret your style and tried today for +16 pips, (blue hook, of course i didnt wait for the break of the low, just took the close below the channel as a trigger)

i knew from billy also that this level is a well respected one.

thx.
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trading is like dancing, don't think and just listen to the music!
  • #61,903
  • Jul 21, 2022 5:14am Jul 21, 2022 5:14am
Quoting billytt
t 11-16 cable 15 min chart just copied, will price move upto the 00-00 4 hr low and bounce down. 1 = the 08-00 15 min bar. I am not trading now until tomorrow.# {image}t 11-17
thats good enough
from
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to
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happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,904
  • Jul 21, 2022 6:54am Jul 21, 2022 6:54am
GBP/USD - Claudia's 07:45-08:45

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Today would have been a success. (Yesterday was a fail)

DAX - 06:45-07:00

M15

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M5 (For a better look)

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Not sure with the DAX. The low broke but it looks like it would have first retraced a -10 (so hitting the SL) before going +20. I am not even sure if the same risk/reward criteria as used with the GBP/USD Frankie Open break applies to the DAX setup. Maybe Claudia can comment.

No matter what i had to leave out both setup's today. Maybe with something simple like that using an actual trading bot would be even more efficient.
  • #61,905
  • Jul 21, 2022 11:01pm Jul 21, 2022 11:01pm
t 06-59
Dax chart copied a couple of minutes ago.
we had an inside bar on the 4 hour.
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t 07-01


07-02 edit, that was on the 20-00 4 hr bar yesterday Thur 21st.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,906
  • Edited 11:22pm Jul 21, 2022 11:04pm | Edited 11:22pm
t 07-02
Cable, yesterdays daily range is 117. todays 00-00 4 hour bar range = 34 <<< low already broken.
Trade well all

t 07-04

t 07-21 edit. last 5 days average daily range = 111.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,907
  • Jul 21, 2022 11:50pm Jul 21, 2022 11:50pm
t 07-47
Cable 15 min chart just copied.
This is the 07-45 15 min bar still forming and i will trade off it, high or low.
Ideally when this bar closes i want it to drop through the 00-00 4 hour bar low ( look at black line).
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ideally i want the short but i will long .
t 07-50
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,908
  • Jul 22, 2022 12:03am Jul 22, 2022 12:03am
t 08-02
Cable. the 07-45 15 min bar high broke. it was freaky. i got 1% and got out. i think i will short off the 08-00 15 bar if/when it drops.
t 08-03
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,909
  • Jul 22, 2022 12:05am Jul 22, 2022 12:05am
t 08-04
Cable 07-45 bar, yes. it broke high for 3 points. this was enough for me . even after taking away the spread yaaaaaaaaaaaaaaaaay.

im compounding their money and it helps.
t 08-05
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,910
  • Jul 22, 2022 12:16am Jul 22, 2022 12:16am
t 08-16 BOOOOOOOOOOOOOOOOOOM cable 08-00 15 minute bar, low broke . yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
Trade well all. i may call it a day now, or finish for the week.
t 08-16
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,911
  • Jul 22, 2022 12:27am Jul 22, 2022 12:27am
Dax one minute going well

Edit: The 6:45am 15minute bar = a small loss for me.
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every Saint has a past. Every Sinner has a Future
  • #61,912
  • Jul 22, 2022 12:29am Jul 22, 2022 12:29am
t 08-28
Dax, price had a nice move up. i didnt see any entry for myself so left it.
i do trade it some times, but its more for fun.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,913
  • Jul 22, 2022 12:33am Jul 22, 2022 12:33am
Quoting billytt
t 08-28 Dax, price had a nice move up. i didnt see any entry for myself so left it. i do trade it some times, but its more for fun.
I got the entry on my chart above. But see price diving about now. I was out with a trailing stop because I will not risk losing a 20 pip profit PLUS there is a lot of RED news about just now. Context is important. Just watching now.
every Saint has a past. Every Sinner has a Future
  • #61,914
  • Jul 22, 2022 12:37am Jul 22, 2022 12:37am
Quoting turnip15
Dax one minute going well Edit: The 6:45am 15minute bar = a small loss for me. {image}

Nice one Mr T, i was watching Dax and like i said ,i didnt have an entry.

Cable was ever so niiiiiiiiiiiiiiiiiiiiiiiiice yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,915
  • Jul 22, 2022 12:38am Jul 22, 2022 12:38am
Quoting turnip15
{quote} I got the entry on my chart above. But see price diving about now. I was out with a trailing stop because I will not risk losing a 20 pip profit PLUS there is a lot of RED news about just now. Context is important. Just watching now.

good post. a lesson to all.
i got my first cable long trade come in with 1 .3 pips . i got what i wanted .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,916
  • Jul 22, 2022 1:16am Jul 22, 2022 1:16am
Quoting billytt
{quote} good post. a lesson to all. i got my first cable long trade come in with 1 .3 pips . i got what i wanted .
I didn't trade Cable today but had a look after your post.
Price fell off the cliff after 8am - ish.
If one was at the machine at 7am the rewards would have been long prior 8am and short after. Price is consolidating? Bouncing around 19300 - worth a wait for the patient trader maybe.

EDIT: Look at the daily and hourly - 19200 a level to watch for rebounds etc?
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every Saint has a past. Every Sinner has a Future
  • #61,917
  • Jul 22, 2022 1:22am Jul 22, 2022 1:22am
Quoting turnip15
{quote} I didn't trade Cable today but had a look after your post. Price fell off the cliff after 8am - ish. If one was at the machine at 7am the rewards would have been long prior 8am and short after. Price is consolidating? Bouncing around 19300 - worth a wait for the patient trader maybe. EDIT: Look at the daily and hourly - 19200 a level to watch for rebounds etc? {image}
i think anyone with sense would now leave cable alone until next week........
We have different scenarios which could happen, we just need the trigger.
As for myself i am done for the week, so take care and have a good weekend. yaaaaaaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,918
  • Jul 22, 2022 1:34am Jul 22, 2022 1:34am
Even the E/J which spawned this thread has acted like Cable and fell away to level off at a prior low ( level marked by ? ) on the one and four hour before, like Cable bouncing.
Not traded by me.

Like Billy, I am done for the week and not risking volatility among red news. happy to quit whilst ahead. have a nice weekend all.
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every Saint has a past. Every Sinner has a Future
  • #61,919
  • Jul 22, 2022 3:22am Jul 22, 2022 3:22am
t 11-22
Back, i got to the water and the sky was black and water whipping up, so i decided to leave boat alone.
i did notice a lovely trade set up on Cable too. i'll show in a minute.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #61,920
  • Jul 22, 2022 3:29am Jul 22, 2022 3:29am
t 11-26. both cable charts just copied.
Like yesterday, price broke through the 00-00 4 hour range low and then price moved back up to then bounce off the 00-00 low.
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chart below is the 2 minute chart so you can see an entry.
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decide which sort of trigger you will use,if any.
This is another example, i didnt trade this.
t 11-29
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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