Billytt Die happy trading e/j daily breakout | Page 91 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #1,801
  • May 22, 2015 7:27am May 22, 2015 7:27am
Hi all. No trading today as I have no internet at all. And as it is raining I am not going out yet . I dont think e/j high has been broken yet but very close. So take care everyone
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,802
  • May 22, 2015 12:54pm May 22, 2015 12:54pm
Just after I posted last post (by mobile) I got internet back. I have no idea what has happened today regarding E/j only that it was close to breaking yesterdays high, well it is Friday and moi is out tonight.
I haven't had any alcohol for approx. 14 weeks yeeeeeeeeeeeeeeagh.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,803
  • May 22, 2015 1:02pm May 22, 2015 1:02pm
I just looked, lovely drop and break of e/j daily low. What more can I say except daily break is good to trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,804
  • Edited 7:23pm May 22, 2015 6:38pm | Edited 7:23pm
Quoting billytt
I haven't had any alcohol for approx. 14 weeks yeeeeeeeeeeeeeeagh.

Will give you some good chocolate.

Attached Image



-----------------------
Ups chart...

Anybody want to short G/J ? ..... Did it make top ? Not so sure, even i see this red candle.... I think best time frame to trade it is 1 min.... with a lot of indicators on chart... Take small scalps will be safer that having large stops and being greedy .

But not going to trade any brake outs ... All tails can move very fast .

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYmicroDaily.png Size: 52 KB
  • #1,805
  • May 22, 2015 9:50pm May 22, 2015 9:50pm
Quoting RabbitWolf
{quote} Will give you some good chocolate. {image} ----------------------- Ups chart... Anybody want to short G/J ? ..... Did it make top ? Not so sure, even i see this red candle.... I think best time frame to trade it is 1 min.... with a lot of indicators on chart... Take small scalps will be safer that having large stops and being greedy . But not going to trade any brake outs ... All tails can move very fast . {image}
wwwwwwwwwwww thanks Bunny, I do like that chocolate too,, Just lately I have been eating dark chocolate with more than 75% cocoa in it. but the Lindtt is sooooooooooo good.
as for G/J scalping looks good ,it is just a case of sticking to the method and actually knowing what you re doing, Take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,806
  • Edited 7:53am May 24, 2015 7:19am | Edited 7:53am
Bank holidays US, UK, and Germany/France/Swiss Monday. Day to avoid for me. G7 meeetings later in week could cause fun. Yellen pretty much said US interest rates to start rising from September so Mr Carney will follow and try and get inflation back 2.5% area. No inflation no economic growth.
  • #1,807
  • May 24, 2015 1:36pm May 24, 2015 1:36pm
hi Claudia, I am sure you are right but I reckon the big boys know the story. ( as usual).
I am keen to try a new trading method, purely mechanical . I have been back testing it and it didn't fail lol,
I need to trade it live to see how the spread affects it. will let you know what happens. ( a sign of boredom)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,808
  • May 24, 2015 3:16pm May 24, 2015 3:16pm
trade well everyone, new week and it should be fun.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,809
  • May 24, 2015 3:58pm May 24, 2015 3:58pm
Quoting claudia1
Bank holidays US, UK, and Germany/France/Swiss Monday. Day to avoid for me. G7 meeetings later in week could cause fun. Yellen pretty much said US interest rates to start rising from September so Mr Carney will follow and try and get inflation back 2.5% area. No inflation no economic growth.

Some interesting tool for Metatrader navigation ( helps fast jump to certain date, time frame or pair) no need scrolling through chart )

http://www.forexfactory.com/showthread.php?t=540955

Attached Image


Since i was changed to commercial member, not able to ask questions or subscribe to members, which is a bit stupid..
Stocked on one of my platforms when testing something. Its not responding... If i would need programmers help, could not even contact that person...

-------------------------------
Interesting what Claudia say.. For me Bank Holidays are good days to trade... and Mondays. Will see what happen.
Last week of the month starting....


Good luck !
  • #1,810
  • May 24, 2015 4:07pm May 24, 2015 4:07pm
hi Bunny, I do not mind bank holidays , it isn't like the old days when people actually had a holiday. computers changed it all, I will be very happy if e/j drops to 13300 that is what I am aiming for with new method, ( nothing to do with daily break or inside bars etc) take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,811
  • May 24, 2015 4:25pm May 24, 2015 4:25pm
Quoting RabbitWolf
{quote} Some interesting tool for Metatrader navigation ( helps fast jump to certain date, time frame or pair) no need scrolling through chart ) http://www.forexfactory.com/showthread.php?t=540955 {image} Since i was changed to commercial member, not able to ask questions or subscribe to members, which is a bit stupid.. Stocked on one of my platforms when testing something. Its not responding... If i would need programmers help, could not even contact that person... ------------------------------- Interesting what Claudia...
Good luck - be a week to watch and be selective for me.
  • #1,812
  • May 24, 2015 4:27pm May 24, 2015 4:27pm
Quoting billytt
hi Bunny, I do not mind bank holidays , it isn't like the old days when people actually had a holiday. computers changed it all, I will be very happy if e/j drops to 13300 that is what I am aiming for with new method, ( nothing to do with daily break or inside bars etc) take care
Tell more about new method ! Getting to like e/j.
  • #1,813
  • May 24, 2015 11:49pm May 24, 2015 11:49pm
Quoting claudia1
{quote} Tell more about new method ! Getting to like e/j.
E/J is beautiful lol.
new method we are still working on the whipping if it happens.
It works but not sure about it working 24/7.
It did drop to 13330 which was 30 off, so far so good today lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,814
  • Edited May 25, 2015 4:27am May 24, 2015 11:54pm | Edited May 25, 2015 4:27am
Sun daily low was broken for 5,
I only had 1 trade running as I am working on the other.
the weekly low opened with a gap down, this is unusual, these last 2 weekly candles suggest it dropping but without the clues it is hard to prove.


edit,,, my main trade is for it dropping ,as posted earlier 13300 would be nice

edit,,, ERROR MADE, Fri low was broken for 5, since then Sun high was broken and I am struggling with it. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,815
  • May 25, 2015 4:44am May 25, 2015 4:44am
http://www.dailymail.co.uk/news/arti...-meltdown.html

$53m sign on fee not bad money for a prop trader.
  • #1,816
  • May 25, 2015 3:11pm May 25, 2015 3:11pm
Quoting claudia1
http://www.dailymail.co.uk/news/arti...-meltdown.html $53m sign on fee not bad money for a prop trader.
seriously staggering, but these guys bring the money in.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,817
  • May 25, 2015 3:15pm May 25, 2015 3:15pm
Trading,, It looks like E/J will fail on both high and low breakout. This has not happened for a very long time. (probably last bank holiday lol).
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,818
  • Edited 3:50pm May 25, 2015 3:18pm | Edited 3:50pm
E/J is 30 off the 00, that would suit me with my new trade, I am not closing it but letting it run same as G/J.
I want 100 on each pair and compounding it once to 400.
I am still not certain about whipping as to what might happen but it looks promising.


edit,,, the G/J trade has been closed and re opened again, lets do it again
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,819
  • May 25, 2015 9:27pm May 25, 2015 9:27pm
Hi All,

I began trading this method live about a week ago. So far so good.

Previous day's low broken, I'm out with +5.

Billy, if price returns to yesterday's high, would you look to trade the break as well or stick to 1 break a day?
  • #1,820
  • May 26, 2015 1:01am May 26, 2015 1:01am
[quote=bonkers;8283160]Hi All, I began trading this method live about a week ago. So far so good. Previous day's low broken, I'm out with +5. Billy, if price returns to yesterday's high, would you look to trade the break as well or stick to 1 break a day?[/quote

Hello Bonkers and welcome,,
allowing for time difference you traded the Monday low break for 5, I too traded that for 5.
If the price retraces and breaks the Monday high I will trade it long.
This type of method is quite good for 10 pips not just 5, plus if you have clues , large gains can be made. Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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