Billytt Die happy trading e/j daily breakout | Page 3159 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #63,161
  • Feb 13, 2023 6:05am Feb 13, 2023 6:05am
Quoting RieseP
Where’s Billy?
No idea. I've messaged him but no reply.
  • #63,162
  • Feb 13, 2023 7:19am Feb 13, 2023 7:19am
Quoting turnip15
{quote} Should be out with good behaviour eventually
Lol you're probably not far off the truth - maybe needs a 'breakout' !!!
  • #63,163
  • Edited 8:15am Feb 13, 2023 7:58am | Edited 8:15am
my TP for the 2 longs has been hit for +34 pips.

and one short is activated.

and a second short level possible above red line
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trading is like dancing, don't think and just listen to the music!
  • #63,164
  • Feb 13, 2023 9:54am Feb 13, 2023 9:54am
I will also take the 3rd short
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trading is like dancing, don't think and just listen to the music!
  • #63,165
  • Feb 13, 2023 11:21am Feb 13, 2023 11:21am
Quoting birdland
I will also take the 3rd short {image}
bird - isn’t it past the market makers bedtime??

are you holding overnight or will you hedge if it doesn’t go to plan
  • #63,166
  • Feb 13, 2023 11:24am Feb 13, 2023 11:24am
Quoting Lineseeker
{quote} bird - isn’t it past the market makers bedtime?? are you holding overnight or will you hedge if it doesn’t go to plan
no, london was still open. nyse is also open a few hours

and i will hold overnight, no hedging.
trading is like dancing, don't think and just listen to the music!
  • #63,167
  • Feb 13, 2023 11:30pm Feb 13, 2023 11:30pm
today i will only take the blue long level because i am already 3 pos short. its kind of a hedge.
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trading is like dancing, don't think and just listen to the music!
  • #63,168
  • Feb 14, 2023 3:08am Feb 14, 2023 3:08am
Four Hour Dax break
And one minute chart that I use.
Straight break for 10 points ?
But would you have hung on for more and endured a draw down to whatever stop you set?
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every Saint has a past. Every Sinner has a Future
  • #63,169
  • Feb 14, 2023 3:18am Feb 14, 2023 3:18am
Remember Lems' "Wickzones"
Could have played out well here maybe on Claudia's four hour zone?
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every Saint has a past. Every Sinner has a Future
  • #63,170
  • Feb 14, 2023 3:26am Feb 14, 2023 3:26am
4th short above red line. stop hide is not optimal, but so what? ;-)

we will get them all, the retailers, because they have weak nerves!

they are all remotely consumer-driven and therefore weak. they are my victims.
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trading is like dancing, don't think and just listen to the music!
  • #63,171
  • Feb 14, 2023 4:13am Feb 14, 2023 4:13am
Quoting birdland
4th short above red line. stop hide is not optimal, but so what? ;-) we will get them all, the retailers, because they have weak nerves! they are all remotely consumer-driven and therefore weak. they are my victims. {image}
I can picture you saying that with a cigar and fat cat on your lap haha
  • #63,172
  • Feb 14, 2023 4:23am Feb 14, 2023 4:23am
Quoting Lineseeker
{quote} I can picture you saying that with a cigar and fat cat on your lap haha
i'm teaching him to trade early so that he can buy his own argentine beef later on.;-)
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trading is like dancing, don't think and just listen to the music!
  • #63,173
  • Feb 14, 2023 4:39am Feb 14, 2023 4:39am
Quoting turnip15
Remember Lems' "Wickzones" Could have played out well here maybe on Claudia's four hour zone? {image}
how would you have played it here? Would there be a suggested sl and tp
  • #63,174
  • Edited 8:03am Feb 14, 2023 4:58am | Edited 8:03am
Quoting Lineseeker
{quote} how would you have played it here? Would there be a suggested sl and tp
You would have to read lem's ideas and try it yourself. Only you know what stop etc feels comfortable with your psychology. test it and see.
every Saint has a past. Every Sinner has a Future
  • #63,175
  • Feb 14, 2023 5:09am Feb 14, 2023 5:09am
Even FTSE and Cable had a reasonable break of four hour box
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every Saint has a past. Every Sinner has a Future
  • #63,176
  • Feb 14, 2023 5:30am Feb 14, 2023 5:30am
A lot of stops were also accumulated on 9 february, i.e. liquidity.
5. short
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trading is like dancing, don't think and just listen to the music!
  • #63,177
  • Feb 14, 2023 8:20am Feb 14, 2023 8:20am
Golly - the 8am to 12am box was broken by very fast price action long and short !
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every Saint has a past. Every Sinner has a Future
  • #63,178
  • Feb 14, 2023 8:37am Feb 14, 2023 8:37am
a funny day for me. more than +100 pips with these shorts. and now i am one long;-)
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trading is like dancing, don't think and just listen to the music!
  • #63,179
  • Feb 14, 2023 9:03am Feb 14, 2023 9:03am
and another +60 pips from the long;-)
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trading is like dancing, don't think and just listen to the music!
  • #63,180
  • Feb 14, 2023 9:30am Feb 14, 2023 9:30am
Quoting birdland
and another +60 pips from the long;-) {image}
Nice Bird - guess the cat might even have Argentinian wagu for dinner

win aside what are your takeaways so far from this experiment? I’m interested to understand how you think about this strategy and your hedging/averaging experiment
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