Billytt Die happy trading e/j daily breakout | Page 3162 | 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

  • #63,221
  • Feb 20, 2023 1:27am Feb 20, 2023 1:27am
Got there.
Attached Image (click to enlarge)
Click to Enlarge Name: Germany 40_20230220_09.26.png Size: 11 KB
  • #63,222
  • Feb 20, 2023 2:36am Feb 20, 2023 2:36am
Quoting claudia1
Got there. {image}
claudia do you have any stats on the Dax breaks?
  • #63,223
  • Edited 3:44am Feb 20, 2023 2:48am | Edited 3:44am
Quoting RieseP
{quote} claudia do you have any stats on the Dax breaks?
The best trades are Tuesday to Thursday where you will see a 80%+ win rate on a good week.

Don't be greedy. If it goes say +30 and looks like reversing take it or move to break even.
  • #63,224
  • Edited 11:53am Feb 20, 2023 9:56am | Edited 11:53am
Quoting claudia1
Got there. {image}
Claudia1 - just catching up on this thread after being away for quite a while.
Looks like you are primarily trading Germany 40 now on IG 4h.
I also trade on IG.
Is there a post with more details of your entry criteria?
I can see that you are looking at break up/down of the 4am candle (at 8am) with a 50 TP and 25 SL.
What criteria are you looking for to determine long/short or it is just the first break - long or short - determines entry?

Thanks very much in advance and apologies if covered elsewhere!

EDIT - have just seen your post #63142 which appears to provide latest info. Thank you. Following with interest and definitely keen on that EA
  • #63,225
  • Feb 20, 2023 9:50pm Feb 20, 2023 9:50pm
yesterday was a US holiday and it was easy to see that england had run out of juice.

todays level to wacth:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 12 KB
trading is like dancing, don't think and just listen to the music!
  • #63,226
  • Feb 20, 2023 11:57pm Feb 20, 2023 11:57pm
Quoting birdland
yesterday was a US holiday and it was easy to see that england had run out of juice. todays level to wacth: {image}
new short level
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 12 KB
trading is like dancing, don't think and just listen to the music!
  • #63,227
  • Feb 21, 2023 12:21am Feb 21, 2023 12:21am
Quoting birdland
{quote} new short level {image}
a little bit of closing, +22 pips for the long. and short now
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 13 KB
trading is like dancing, don't think and just listen to the music!
  • #63,228
  • Feb 21, 2023 1:26am Feb 21, 2023 1:26am
Quoting birdland
{quote} a little bit of closing, +22 pips for the long. and short now {image}
a new purchase level has emerged:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 12 KB
trading is like dancing, don't think and just listen to the music!
  • #63,229
  • Feb 21, 2023 1:34am Feb 21, 2023 1:34am
Quoting birdland
{quote} a new purchase level has emerged: {image}
that was fast, +59 from this long. 4 left.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 13 KB
trading is like dancing, don't think and just listen to the music!
  • #63,230
  • Feb 21, 2023 1:39am Feb 21, 2023 1:39am
Quoting birdland
{quote} that was fast, +59 from this long. 4 left. {image}
another +100 pips from these old longs.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 16 KB
trading is like dancing, don't think and just listen to the music!
  • #63,231
  • Feb 21, 2023 1:51am Feb 21, 2023 1:51am
Quoting birdland
{quote} another +100 pips from these old longs. {image}
"Wish I could do that," said Oscar Wilde
every Saint has a past. Every Sinner has a Future
  • #63,232
  • Edited 2:08am Feb 21, 2023 1:54am | Edited 2:08am
Dax 4hour break , plus my 5 and one minute charts

The green horizontal on the one minute is the ADR Low.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30_2023-02-21_09-31-43_e4a03.png Size: 135 KB
Click to Enlarge Name: GER30_2023-02-21_09-33-00_536bb.png Size: 123 KB
Click to Enlarge Name: GER30_2023-02-21_09-33-39_c2d4e.png Size: 131 KB
every Saint has a past. Every Sinner has a Future
  • #63,233
  • Feb 21, 2023 6:03am Feb 21, 2023 6:03am
Quoting turnip15
{quote} "Wish I could do that," said Oscar Wilde
today was just a lucky coincidence. as you know, nothing works in trading without it;-)
trading is like dancing, don't think and just listen to the music!
  • #63,234
  • Feb 21, 2023 8:01am Feb 21, 2023 8:01am
I'll take the short as well, since a lot of stops were fished out.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 11 KB
trading is like dancing, don't think and just listen to the music!
  • #63,235
  • Feb 21, 2023 9:05am Feb 21, 2023 9:05am
Quoting birdland
{quote} today was just a lucky coincidence. as you know, nothing works in trading without it;-)
Yes - For example, not every day will you find a simple short like the one shown
Attached Image (click to enlarge)
Click to Enlarge Name: US500_2023-02-21_17-02-38_b787d.png Size: 125 KB
every Saint has a past. Every Sinner has a Future
  • #63,236
  • Feb 21, 2023 10:15pm Feb 21, 2023 10:15pm
since i am already short, i will only take the longs today (blue lines). trailing stops could be hiding there;-)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 11 KB
trading is like dancing, don't think and just listen to the music!
  • #63,237
  • Edited 12:46am Feb 22, 2023 12:32am | Edited 12:46am
Not a bad start out + 30.

Edit: target + 50 subsequently hit. Oh well shouldn't be greedy !

Yesterday best day for years. Up + 156.
Attached Image (click to enlarge)
Click to Enlarge Name: Germany 40_20230222_08.36.png Size: 10 KB
  • #63,238
  • Feb 22, 2023 12:45am Feb 22, 2023 12:45am
Bloody hell I got out too early!
  • #63,239
  • Feb 22, 2023 12:58am Feb 22, 2023 12:58am
@Claudia1

Dax four hour bar -faked me out long but short was good and ran down to four hour support - yellow rectangle and blue horizontal Previous low. Below that sits the ADR
Attached Image (click to enlarge)
Click to Enlarge Name: GER30_2023-02-22_08-56-19_de52a.png Size: 129 KB
every Saint has a past. Every Sinner has a Future
  • #63,240
  • Feb 22, 2023 1:02am Feb 22, 2023 1:02am
Out of curiosity I looked at 5 minute chart and saw that I could have gone short without the one minute fake long alluded to in above post. Perhaps I need to be braver?
Attached Image (click to enlarge)
Click to Enlarge Name: GER30_2023-02-22_09-00-51_ac676.png Size: 109 KB
every Saint has a past. Every Sinner has a Future
5 traders viewing now