Billytt Die happy trading e/j daily breakout | Page 3121 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #62,401
  • Sep 9, 2022 3:53am Sep 9, 2022 3:53am
Quoting turnip15
And Dax 1 minute and Claudia 6:45am 15 minute charts {image} {image}
Great run on the Dax. Not going to wait until 10am - price is flattening out. Cashing in and getting out
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #62,402
  • Sep 9, 2022 4:26am Sep 9, 2022 4:26am
Quoting Fagin
{quote} Morning Billy, when GU has already exceeded 70 like this morning are you still looking at taking the trade? Cheers F

Hi Fagin, apologies, i only just saw your poet.

i use my modest 70 range mainly if i have a fail....
ie, daily range is currently 40 when i have a fail. If i fix the fail ,i know i have a good odds of making 30..... 70 range minus current daily range 30 =30. so i have 30 to play with or even more.
It works for me, its all maths.
It can still go wrong with whip, it happens.
But we play the game.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,403
  • Sep 9, 2022 4:52am Sep 9, 2022 4:52am
Quoting turnip15
{quote} Great run on the Dax. Not going to wait until 10am - price is flattening out. Cashing in and getting out {image}
If I get an ea built for the DAX breakout would you be interested in using it ?
  • #62,404
  • Edited 5:07am Sep 9, 2022 4:52am | Edited 5:07am
Quoting Fagin
{quote} Morning Billy, when GU has already exceeded 70 like this morning are you still looking at taking the trade? Cheers F
Hi Fagin, this happened yesterday trading the 07-45 break.
1 = the 07-45 high broke and it failed =2
i place my 2 x 70 range black vertical lines on the highest high and lowest low. this shows where price almost certainly will go.. hopefullt in the same direction as the fix
Attached Image (click to enlarge)
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then looking at it on the 4 hour chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: 09 09 B.png Size: 7 KB

1= the 07-45 bar range.
2 = how high we can expect price to rise to.
3 = price can drop down to here
This 4 hour chart looks bad, so i'll put another chart on.
Below, cable 15 min chart, showing clearly what happened.
Attached Image (click to enlarge)
Click to Enlarge Name: 09 09 C.png Size: 8 KB
1- 07-45 bar.
2 =08-00 bar which broke high then dropped.
3 = price kept going.
4 = the 07-45 bar range.
Some trades we adjust the 2 vertical black lines to show where pric could head to.

edit again. My trade failed, i then fix, I GET MY % AND FIX THE FAIL.Once i fix fail and get my % i quit. i dont look for more.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,405
  • Sep 9, 2022 4:57am Sep 9, 2022 4:57am
Quoting claudia1
{quote} If I get an ea built for the DAX breakout would you be interested in using it ?
I use Trading view because I am on an iMac. Would it work on trading view Claudia ?
If not then I can insert an alert on Tradingview since I only watch Dax. Forex pairs, two or three, are marked up prior to open, on higher time frames.
every Saint has a past. Every Sinner has a Future
  • #62,406
  • Sep 9, 2022 5:01am Sep 9, 2022 5:01am
[quote=turnip15;14131445]{quote} I use Trading view because I am on an iMac. Would it work on trading view Claudia ? If not then I can insert an alert on Tradingview since I only watch Dax. Forex pairs, two or three, are marked up prior to open, on higher time frames.[/quote
Don't know anyhing about trading view or iMac. I'll ask my programmer - we'll get it to work somehow.
  • #62,407
  • Sep 9, 2022 5:11am Sep 9, 2022 5:11am
I am finished for the week.
i'll hang around though lol.
Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,408
  • Sep 9, 2022 5:12am Sep 9, 2022 5:12am
[quote=claudia1;14131449]
Quoting turnip15
{quote} I use Trading view because I am on an iMac. Would it work on trading view Claudia ? If not then I can insert an alert on Tradingview since I only watch Dax. Forex pairs, two or three, are marked up prior to open, on higher time frames.[/quote Don't know anyhing about trading view or iMac. I'll ask my programmer - we'll get it to work somehow.

Thanks for this info and help.
\Mr T will have a new toy, i hope it all goes well.
I reckon it will. yaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,409
  • Sep 9, 2022 5:27am Sep 9, 2022 5:27am
Had to fall after a move like that - done for the week. Shall go and write a spec for the DAX EA.
  • #62,410
  • Sep 9, 2022 5:44am Sep 9, 2022 5:44am
Quoting billytt
{quote} Hi Fagin, this happened yesterday trading the 07-45 break. 1 = the 07-45 high broke and it failed =2 i place my 2 x 70 range black vertical lines on the highest high and lowest low. this shows where price almost certainly will go.. hopefullt in the same direction as the fix {image} then looking at it on the 4 hour chart below. {image} 1= the 07-45 bar range. 2 = how high we can expect price to rise to. 3 = price can drop down to here This 4 hour chart looks bad, so i'll put another chart on. Below, cable 15 min chart, showing clearly what...
Thanks Billy this is great info, very clear to me.

I'm trying to work out the max numbers of fixes you can do without it being a waste/loser. The good days are a good but there are as we know some nasty whippy days with multiple fails.

It's a proper puzzle trying to find a good fixing point/fail rates/take profits with the maths and knowing when to say "oh s££t better walk away today..."
I'm waking up in the middle of the night thinking, ah ah! that might work!
  • #62,411
  • Sep 9, 2022 6:35am Sep 9, 2022 6:35am
Thanks for the heads up Claudia.. Talk about precision!

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  • #62,412
  • Sep 9, 2022 8:42am Sep 9, 2022 8:42am
Quoting Wizzlebizzle
Thanks for the heads up Claudia.. Talk about precision! {image}
Price had gone well over the average daily range, it had a small consolidation area and dropped.
Look how yet again it dropped through the 08-00 15 min bar range before it quickened up the drop.
Good trade, and good for Claudia pointing it out.

edit
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,413
  • Sep 9, 2022 10:49am Sep 9, 2022 10:49am
HAVE A GOOD WEEKEND, ALL.
Yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,414
  • Sep 10, 2022 1:39am Sep 10, 2022 1:39am
everything looks bullish for next week. a slight uptrend has been established.

but if i were a powerful MM i would push prices to an all time low again;-)
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trading is like dancing, don't think and just listen to the music!
  • #62,415
  • Sep 12, 2022 12:56am Sep 12, 2022 12:56am
t06-49
Hi all , i hope everyone has had a good weekend and not tooo crazy.
Cable, i cannot keep quiet ,last night ( Sunday) it opened with a massive gap up.
A Gap will almost always return to the last close price, or very close. I say no more. yaaaaaaaaaaaaaaaaaaaaaaaaay.

Cable, todays adr =123. the 00-00 4 hour bar range = 27. Last Fri daily range =100 with an adr =114.

Trade well all.
t 06-56
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,416
  • Sep 12, 2022 12:58am Sep 12, 2022 12:58am
t 06-57.
Swissy, i am leaving Swissy for the time being.
I shall just watch and take notes lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,417
  • Sep 12, 2022 2:07am Sep 12, 2022 2:07am
t 08-05
Cable. the 07-45 15 bar range. High broke for 1%. it really scooted up but 1% is good enough.
Trade well all.
t 08-06
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,418
  • Sep 12, 2022 2:22am Sep 12, 2022 2:22am
Quoting billytt
t 08-05 Cable. the 07-45 15 bar range. High broke for 1%. it really scooted up but 1% is good enough. Trade well all. t 08-06
Morning, nice easy start to the week which we like

Bet there will be some big money trying to close that gap now...
  • #62,419
  • Sep 12, 2022 2:42am Sep 12, 2022 2:42am
t 08-39
Dax, we almost had an inside bar on the 4 hour chart. ( the 04-00 to 08-00).
.20 outside .
Looking at the market blah blah, i thought, Hey lets go long, so whooop whoooop , used a smaller lot size and smashed it going long.
t 08-42
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #62,420
  • Sep 12, 2022 2:44am Sep 12, 2022 2:44am
Quoting Fagin
{quote} Morning, nice easy start to the week which we like Bet there will be some big money trying to close that gap now...

it did close to approx 10 away, then up.
Claudia will be waiting for the drop no doubt as i will. But i will need my trigger, so it may not happen for me today.
trade well bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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