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Billytt Die happy trading e/j daily breakout

  • #161
  • Feb 12, 2015 4:09pm Feb 12, 2015 4:09pm
Turnip..
Attached Image (click to enlarge)
Click to Enlarge Name: pinbar.PNG Size: 54 KB


correct, the chart is 5 minute so you can see it. We had big drop then next candle broke Wednesday low for approx. 30 pips.
it moved quick too and like I said I just had sell at 5 pips as I was doing something.
I only need 5
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #162
  • Feb 13, 2015 12:01am Feb 13, 2015 12:01am
Mornin Billy..

Turnip...if you are looking at the ORB try starting your range 3 hours leading up to LO. This can cut out a lot of noise, false BO's, or ultra conservative wait for a 15min bar to close outside of the range..just ways of cutting out false breaks
  • #163
  • Feb 13, 2015 2:24am Feb 13, 2015 2:24am
Turnip.
Attached Image (click to enlarge)
Click to Enlarge Name: ejorb15.PNG Size: 51 KB


good input by Pipreeper..
Todays 15 min ORB.. from 04-00 uk time we had a nice uptrend and at 08-00 uk open time we got a lovely pin suggesting it was going down.. 2nd candle broke the orb low and then reversed and broke the high ..SO WHAT DO WE DO. a decent stop would of helped but the high was still broken. This is were stats help and perhaps notice that it was getting over bought too..
Like I say I do not trade this way anymore but it is good and like Pipreeper said we can adapt ways to filter BUT ...
KEEP IT SIMPLE
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #164
  • Feb 13, 2015 5:15am Feb 13, 2015 5:15am
Quoting billytt
Turnip. {image} good input by Pipreeper.. Todays 15 min ORB.. from 04-00 uk time we had a nice uptrend and at 08-00 uk open time we got a lovely pin suggesting it was going down.. 2nd candle broke the orb low and then reversed and broke the high ..SO WHAT DO WE DO. a decent stop would of helped but the high was still broken. This is were stats help and perhaps notice that it was getting over bought too.. Like I say I do not trade this way anymore but it is good and like Pipreeper said we can adapt ways to filter BUT ... KEEP IT SIMPLE
Pipreeper and Billy -Very useful replies. Thank you both for taking the time to reply.
every Saint has a past. Every Sinner has a Future
  • #165
  • Feb 13, 2015 5:40am Feb 13, 2015 5:40am
Hi Turnip, I will always help if I can. The orb was primarily used for stock trades and then the tikker tape forex boys got onto it in the old days. Obviously with the modern age we have computors so the trades are not as focused on the open range. But are still useful
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #166
  • Feb 13, 2015 9:17am Feb 13, 2015 9:17am
No Problem Turnip. Have a good weekend all..
  • #167
  • Feb 13, 2015 9:43am Feb 13, 2015 9:43am
Billy - E/J
Today's bar forming an inside day bar in relation to yesterdays Midnight close - so no trades thus far. Still, we have a few hours to go before today's bar closes at Midnight. Simply an observation at this point in time (and there's nowt on telly)
every Saint has a past. Every Sinner has a Future
  • #168
  • Feb 13, 2015 4:17pm Feb 13, 2015 4:17pm
Quoting turnip15
Billy - E/J Today's bar forming an inside day bar in relation to yesterdays Midnight close - so no trades thus far. Still, we have a few hours to go before today's bar closes at Midnight. Simply an observation at this point in time (and there's nowt on telly)
Hi Turnip,,, Correct Fri e/j daily closed as an inside bar.
For the bold, you could set a trigger on Friday low and see if it is triggered when Sunday opens... I will not . nor the long.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #169
  • Edited 5:01pm Feb 13, 2015 4:41pm | Edited 5:01pm
Have a good Valentines day girls and boys,
For Claudia
Attached Image


for Jen
Attached Image


for Bunny
Attached Image
#


edit, wasn't sure if Jen drinks wine, cider or fruit juice.
edit, no idea what fruit juice is
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #170
  • Feb 13, 2015 4:53pm Feb 13, 2015 4:53pm
Quoting billytt
Have a good Valentines for Bunny {image}
Thank you Billy, You have a Lovely Day too !
  • #171
  • Feb 13, 2015 4:59pm Feb 13, 2015 4:59pm
Quoting RabbitWolf
{quote} Thank you Billy, You have a Lovely Day too !
awwwwwwwwwwwww Bunny, excuse me a moment,
back , I got Stevie Wonder playing, I just called to say I love you.

I will have a good day thank you, wife wants a divorce, she told me 2 days ago lol.


edit,, I am serious.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #172
  • Feb 13, 2015 5:15pm Feb 13, 2015 5:15pm
It is the weekend and nothing happening so here is one for Claudia

Attached Image


another one from Bangladesh, you can do 20% on small accounts but hey ho
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #173
  • Feb 13, 2015 6:02pm Feb 13, 2015 6:02pm
Quoting billytt
It is the weekend and nothing happening so here is one for Claudia {image} another one from Bangladesh, you can do 20% on small accounts but hey ho
Hey lol I saw that just gets sillier. Got a glass of you know what and Carole King singing whilst me studying BP. What an analyst lol. In heavy already. They gone up near 10 percent or so this year with declining oil prices. Cash flow is strong and dividends are around 6 percent. This will hit £5 share soon rumour has it theres a buyer around. Interesting none of directors are selling. Very strong company. wooooooo rant over check it out money to be made.
  • #174
  • Feb 13, 2015 6:06pm Feb 13, 2015 6:06pm
Quoting billytt
It is the weekend and nothing happening so here is one for Claudia {image} another one from Bangladesh, you can do 20% on small accounts but hey ho
20% profit everyday - is 100% guru rented.
Isn't guaranteed.
Uff, now I must find a guru.
  • #175
  • Feb 13, 2015 6:12pm Feb 13, 2015 6:12pm
Quoting billytt
Have a good Valentines day girls and boys, For Claudia {image} for Jen {image} for Bunny {image}# edit, wasn't sure if Jen drinks wine, cider or fruit juice. edit, no idea what fruit juice is
Aw just saw that thank you!
  • #176
  • Feb 13, 2015 6:51pm Feb 13, 2015 6:51pm
Quoting RabbitWolf
{quote} Thank you Billy, You have a Lovely Day too !
Hey Bunny!
  • #177
  • Feb 14, 2015 4:36am Feb 14, 2015 4:36am
Quoting billytt
Turnip. {image} good input by Pipreeper.. Todays 15 min ORB.. from 04-00 uk time we had a nice uptrend and at 08-00 uk open time we got a lovely pin suggesting it was going down.. 2nd candle broke the orb low and then reversed and broke the high ..SO WHAT DO WE DO. a decent stop would of helped but the high was still broken. This is were stats help and perhaps notice that it was getting over bought too.. Like I say I do not trade this way anymore but it is good and like Pipreeper said we can adapt ways to filter BUT ... KEEP IT SIMPLE
Yes - Just remembered something from the old RYANMCD and Jankone threads -that one should avoid Pin bars in an up trend. Instead, ones' chances are better if Pins, outside bars etc are traded with the trend, therefore that Pin was best left alone or watched closely. Simple but seems to work-most of the times. There are other points that one gains from experience like noticing support etc which all goes to show that inexperience and jumping on every pin etc can cost you. All this background information is probably used unconsciously by the experienced successful trader but I am certain his/hers was a long road before the state of being a profitable trader was achieved. (Just my twopence worth).
every Saint has a past. Every Sinner has a Future
  • #178
  • Feb 14, 2015 4:43am Feb 14, 2015 4:43am
Quoting billytt
It is the weekend and nothing happening so here is one for Claudia {image} another one from Bangladesh, you can do 20% on small accounts but hey ho
"100% Gurrented" - If this chap is hoping to snare the stupid you would think he would learn to spell 'guaranteed' - but would the stupid notice
every Saint has a past. Every Sinner has a Future
  • #179
  • Feb 14, 2015 4:55am Feb 14, 2015 4:55am
Cannot identify this creature by name -Billy would throw stones at me-but this creature had drunk more than was good for him/it
Oh dear
Attached Image
every Saint has a past. Every Sinner has a Future
  • #180
  • Feb 14, 2015 12:12pm Feb 14, 2015 12:12pm
Quoting turnip15
Cannot identify this creature by name -Billy would throw stones at me-but this creature had drunk more than was good for him/it Oh dear {image}
i think this is an image with mask and inside the mask its a man i can be wrong but i think that...

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