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Billytt Die happy trading e/j daily breakout

  • #101
  • Feb 10, 2015 5:07am Feb 10, 2015 5:07am
Quoting billytt
{quote} WOW, A visit from Claudia, I hope you are fine and I thought you had forgotten all about g/n lol, I had ..I seem to remember trying something with the 20 ma and compounding it, Good to see you and hope everything is ok...
Hi Billy I'm good hope all is well with you. G/N - well I blame Swing Trader for that (joking) also got me looking at G/J. Watch them and another four pairs including E/J on the daily which is strange to me but is interesting. Could trade this way (breakout of daily as you do) without charts just set orders at midnight and go.
  • #102
  • Feb 10, 2015 5:41am Feb 10, 2015 5:41am
Quoting claudia1
{quote} Hi Billy I'm good hope all is well with you. G/N - well I blame Swing Trader for that (joking) also got me looking at G/J. Watch them and another four pairs including E/J on the daily which is strange to me but is interesting. Could trade this way (breakout of daily as you do) without charts just set orders at midnight and go.
Hi Claudia,, I watched about 3/4 pairs when I traded plus oil, mainly looking for inside bars and daily range set up. But doing what I do now trading the daily e/j , The trading is easy but if it retraces I need a big roll to make it right, Doing this with 4 pairs etc would be and could be disastrous.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #103
  • Feb 10, 2015 5:44am Feb 10, 2015 5:44am
Quoting billytt
{quote} Hi Claudia,, I watched about 3/4 pairs when I traded plus oil, mainly looking for inside bars and daily range set up. But doing what I do now trading the daily e/j , The trading is easy but if it retraces I need a big roll to make it right, Doing this with 4 pairs etc would be and could be disastrous.
Don't mention oil still heavy in BP although it's okay now. Gold is interesting right now. Sort of disagree about the 4 pairs + as if chosen right you are to some extent hedging waiting to identify the one that moves. Moving into unknown areas here but will see.
  • #104
  • Feb 10, 2015 5:50am Feb 10, 2015 5:50am
Daily break... e/j has just broken yesterdays (Monday ) high. This was almost a bad trade, we almost had the break but it retraced and then it went long. I got the 5 points plus a couple extra (bonus).now I wait for midnight lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #105
  • Feb 10, 2015 5:55am Feb 10, 2015 5:55am
Quoting claudia1
{quote} Don't mention oil still heavy in BP although it's okay now. Gold is interesting right now. Sort of disagree about the 4 pairs + as if chosen right you are to some extent hedging waiting to identify the one that moves. Moving into unknown areas here but will see.

I didn't mean 4 pairs negatively,, the chance of having favourite pairs with inside bars at same time are slim. so are tradable like I did, but today for instance that e/j trade could of gone - 50 pips at one point and if I were trading 2//3/4 other pairs (not hedging) this is hard work on my part plus a ridiculous amount of money.
So like I did with the wedding last year 1 pair and hit it hard for 5, happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #106
  • Feb 10, 2015 6:44am Feb 10, 2015 6:44am
Quoting billytt
{quote} Hi Pip,, correct, I had a very good time with uk open range breakout 15 min. a certain idiot told me you cannot trade forex on orb as it was for stocks, yeah right. Again it isn't always guaranteed so obviously have a plan.... edit, and retrace is an excellent method
Open Range Breakout on 15min candles ?

How many 15 min. candles do you wait to form before you consider you have a "range" ?
every Saint has a past. Every Sinner has a Future
  • #107
  • Feb 10, 2015 1:48pm Feb 10, 2015 1:48pm
One possibly Billy midnight trade forming (Time now 21.42hours) ?
and an hourly Claudia type trade but with the Yen.

Great stuff to further explore. I love the simplicity but staying up at night makes me lean toward Claudia's hourly pivots - maybe

Excellent material for further thought and practice by aspiring traders everywhere.
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every Saint has a past. Every Sinner has a Future
  • #108
  • Feb 10, 2015 4:09pm Feb 10, 2015 4:09pm
Quoting turnip15
{quote} Open Range Breakout on 15min candles ? How many 15 min. candles do you wait to form before you consider you have a "range" ?

Hi Turnip, give me 10 mins and I will explain, just cooking some supper
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #109
  • Feb 10, 2015 4:35pm Feb 10, 2015 4:35pm
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turnip.... what is this lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #110
  • Feb 10, 2015 4:40pm Feb 10, 2015 4:40pm
open range breakout on the 15 min ..
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2 examples, 8-00 uk open on 15 minute chart... once that open range is broken trade it that direction.
There are several entry methods and several books have been written.
I traded it hard and when I actually got into the daily range early I compounded it,,
orb is equally good on the hour time frame.


edit,,, and again it isn't always this easy but it does have a good strike rate
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #111
  • Feb 10, 2015 4:43pm Feb 10, 2015 4:43pm
Quoting turnip15
One possibly Billy midnight trade forming (Time now 21.42hours) ? and an hourly Claudia type trade but with the Yen. Great stuff to further explore. I love the simplicity but staying up at night makes me lean toward Claudia's hourly pivots - maybe Excellent material for further thought and practice by aspiring traders everywhere. {image} {image}

136.00 its a monthly Central Pivot , looks like price is slowly getting there. It is facing Weekly high level too. Low volatility, need more news to brake it all..

Billy check out small inside bars on Weekly chart too.
  • #112
  • Feb 10, 2015 4:51pm Feb 10, 2015 4:51pm
Quoting RabbitWolf
{quote} 136.00 its a monthly Central Pivot , looks like price is slowly getting there. It is facing Weekly high level too. Low volatility, need more news to brake it all.. Billy check out small inside bars on Weekly chart too.

Hi Rabbit, hope you are good. Thanks for the input. the weekly looks a classic long.
we are still on inside bars daily since last week (Thursday) but as long as I get my 5 lol QUALITY PIPS hit it hard


edit, should it happen i'll do 2 trades and let one run
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #113
  • Feb 10, 2015 4:58pm Feb 10, 2015 4:58pm
I was having a slight titter at Turnips chart (nothing malicious bud) but I noticed that squeeze on the Bollinger before the move, Rabbits territory AND inside bars lol, keep it going and ask questions
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #114
  • Feb 10, 2015 5:06pm Feb 10, 2015 5:06pm
Quoting billytt
I was having a slight titter at Turnips chart (nothing malicious bud) but I noticed that squeeze on the Bollinger before the move, Rabbits territory AND inside bars lol, keep it going and ask questions
4 hour bollinger - thats what is hard to brake and looks like is getting broken


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  • #115
  • Feb 10, 2015 5:09pm Feb 10, 2015 5:09pm
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there you go. Tuesday high has just been broken and I got the 5 (+a couple more) and I have another trade running especially since the ib from last Thursday is almost broken, Lets see what happens
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #116
  • Feb 10, 2015 5:13pm Feb 10, 2015 5:13pm
Quoting RabbitWolf
{quote} 4 hour bollinger - thats what is hard to brake and looks like is getting broken {image}

omg Bunny, I just stuck a bb on my chart to look psssst don't tell Claudia .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #117
  • Feb 10, 2015 5:17pm Feb 10, 2015 5:17pm
Quoting billytt
{quote} omg Bunny, I just stuck a bb on my chart to look psssst don't tell Claudia .
I am sure she is watching us

Hello Boss, missing You ! (to Claudia)
  • #118
  • Feb 10, 2015 5:22pm Feb 10, 2015 5:22pm
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I guess so, I know it is easy to say things after the event AND I do not normally look at 4 hour chart but we got inside bar highlighted and the squeeze on bb.
after saying this it better not fail and yes Claudia will be about , she has friends in high places lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #119
  • Feb 10, 2015 5:37pm Feb 10, 2015 5:37pm
I will catch you lovely people later, byeeeeeeeeeeeeeeeeeeeeee
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #120
  • Feb 11, 2015 1:40am Feb 11, 2015 1:40am
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Turnip,, this morning orb so far. We had the 15 minute candle and then the low was broken for 10 pips. After spread etc you would of had approx. 5/6. I would expect a lot more. I do not really want to talk about orb because it brings a lot more skills into play and after all I have retired. BUT if traded at right time you might get into the actual daily range which I compounded and I believe Jen is well into this (daily range)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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