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Attachments: Billytt Die happy trading e/j daily breakout
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Billytt Die happy trading e/j daily breakout

  • #241
  • Feb 20, 2015 2:41am Feb 20, 2015 2:41am
Happy belated Birthday Claudia...another year younger
  • #242
  • Feb 20, 2015 3:10am Feb 20, 2015 3:10am
Hi all,

This is a nice thread, Thanks Billytt. I have attached a Pic and would like to see if my thoughts are correct. It is of eurjpy 30 minute time from. It would be great if some could have a look at it.

Thanks again and keep up the great work.

Kind regards,

Marty
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy m30.jpg Size: 283 KB
It's not about how much you make, it's about how much you don't lose
  • #243
  • Feb 20, 2015 3:26am Feb 20, 2015 3:26am
Hi Marty. I am out Most of the day and only have Mobile. I trade daily breakout e/j nothing else. Even though many pairs can be used. I will look at your chart when I am back home and we shall discuss it. Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #244
  • Feb 20, 2015 3:36am Feb 20, 2015 3:36am
Quoting claudia1
{image}
Happy, happy birthday, Claudia.

Inserted Video
The mind thinks, the heart knows...
  • #245
  • Feb 20, 2015 3:41am Feb 20, 2015 3:41am
Glad you started this thread, Billy.

A thread with a sense of humor by someone who actually makes money!

Who would have thunk it?

I'll be lurking here often.

May you live long & prosper.

The mind thinks, the heart knows...
  • #246
  • Feb 20, 2015 3:43am Feb 20, 2015 3:43am
You smoothy everyman. Nice gesture for a nice lady. Be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #247
  • Feb 20, 2015 7:51am Feb 20, 2015 7:51am
Quoting billytt
You smoothy everyman. Nice gesture for a nice lady. Be good
Thanks all !! Billy have added a/j currently up 12% for the week should have been a lot more but g/n hammered me. Never learn lol.
  • #248
  • Feb 20, 2015 12:39pm Feb 20, 2015 12:39pm
Inserted Video


Trade well
LB
It's a dirty job but someone's gotta do it!
  • #249
  • Feb 21, 2015 12:08pm Feb 21, 2015 12:08pm
hi, I am home for a short while. I had a good day on e/j Friday and I confess that it was due to an error when I placed trade using mobile.
My main 5 pip trade was good but my second trade should of closed for 1 profit but it didn't close down AND after that short retrace I caught it dropping. That is life I suppose lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #250
  • Feb 21, 2015 12:16pm Feb 21, 2015 12:16pm
Quoting martyhype
Hi all, This is a nice thread, Thanks Billytt. I have attached a Pic and would like to see if my thoughts are correct. It is of eurjpy 30 minute time from. It would be great if some could have a look at it. Thanks again and keep up the great work. Kind regards, Marty{image}
Martyhype, correct. I can read your chart now, as soon as the Friday candle went past the lowest or highest parts of Thursday daily candle trade it.
entries can be adjusted to cater for noise etc BUT I am a realist as I see the highest/lowest point of the day as important levels and trade it. It is a different game getting 5/10 than hopefully getting onto a big move but that is why I now let my second trade run.... be good
Remember,,,, it isn't always this easy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #251
  • Feb 22, 2015 4:36am Feb 22, 2015 4:36am
Quoting billytt
{quote} Martyhype, correct. I can read your chart now, as soon as the Friday candle went past the lowest or highest parts of Thursday daily candle trade it. entries can be adjusted to cater for noise etc BUT I am a realist as I see the highest/lowest point of the day as important levels and trade it. It is a different game getting 5/10 than hopefully getting onto a big move but that is why I now let my second trade run.... be good Remember,,,, it isn't always this easy.
Thanks for taking a look, I appreciate your time,

Kind regards,

Marty
It's not about how much you make, it's about how much you don't lose
  • #252
  • Feb 22, 2015 12:16pm Feb 22, 2015 12:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: lesson.PNG Size: 47 KB


e/j daily chart, trades from 25th Jan 15 to Fri 20th 15. 23 candles , 23 trades, (20 good and 3 bad).
I included the Sun candles with gap to keep it simple.
For a trade to be good it had to of made 10 pips and after spread etc 5 pips was my target.


edit, notice how some trades where opposite the trend,,, Trend means nothing to me as I only look for 5.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #253
  • Feb 22, 2015 12:22pm Feb 22, 2015 12:22pm
I cannot show you how to operate your stop loss or work your money management,
I trade somewhat crazy regarding normal trading rules.
The 3 losses on the previous post could quite easily destroy the good trades with conventional money management tactics.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #254
  • Feb 22, 2015 12:39pm Feb 22, 2015 12:39pm
Attached Image (click to enlarge)
Click to Enlarge Name: 26th.PNG Size: 40 KB

a trade from the 26th Jan and it happened at midnight uk time just as the new day started....
I show 5 minute time frame so you can see..
I did my usual take 5 trade but my second trade I let run.
It made 20 pips before the retrace.
I did not make 20 but I am showing you (I probably took about 10/15)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #255
  • Feb 22, 2015 12:45pm Feb 22, 2015 12:45pm
Some study on E/J Gaps if anybody interested .... will look further in history... :nerd:

Uptrend

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4 uptrend.png Size: 45 KB



Downtrend

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4 downtrend.png Size: 47 KB
  • #256
  • Feb 22, 2015 12:47pm Feb 22, 2015 12:47pm
Hi Bunny hope you are good, nice gap info.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #257
  • Feb 22, 2015 12:50pm Feb 22, 2015 12:50pm
Quoting billytt
Hi Bunny hope you are good, nice gap info.
Who wants Gap indicator - send me PM
  • #258
  • Feb 22, 2015 12:50pm Feb 22, 2015 12:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: lesson2.PNG Size: 35 KB


e/j daily chart from 27th January, all uk time.
Like the previous I actually thought this was a loser but I will still show.
the high of the 26 th was 13371 and the 27th broke the high for 26 pips ( without spread etc) so my second trade caught more than 5 lol on the retrace , .again I think 10/15
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #259
  • Feb 22, 2015 12:52pm Feb 22, 2015 12:52pm
Quoting RabbitWolf
{quote} Who wants Gap indicator - send me PM
no thanks Bunny but I would love a coffee
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #260
  • Feb 22, 2015 12:55pm Feb 22, 2015 12:55pm
Quoting billytt
{quote} no thanks Bunny but I would love a coffee
Inserted Video


Ready for you !
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