Billytt Die happy trading e/j daily breakout | Page 103 | 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

  • #2,041
  • Jun 16, 2015 9:29am Jun 16, 2015 9:29am
Quoting claudia1
{quote} Got pm - here you go coded for me by the legend Hanover. {file}
Thank you.
  • #2,042
  • Jun 16, 2015 11:02am Jun 16, 2015 11:02am
Quoting billytt
Turnip,,,, did you see the E/J ORB 15 min , i didn't due to being asleep lol, That does not happen often. My trading was all done for 03-00ish
Sorry William, for the late reply - Yes, I took that trade.
Claudia 15 minute pound would also have worked had one taken it.
Claudia hourly no short triggered (Buy stop not hit) -Got the Long though.
No oil trades today.
And been a good boy helping wife in the garden this afternoon.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: BillyTues15.jpg Size: 363 KB
Click to Enlarge Name: Claudiatues.jpg Size: 372 KB
every Saint has a past. Every Sinner has a Future
  • #2,043
  • Jun 16, 2015 11:11am Jun 16, 2015 11:11am
William where is bunny
  • #2,044
  • Jun 16, 2015 11:14am Jun 16, 2015 11:14am
@billytt and Claudia et al

I notice that oft times price on oil and other securities, seem to react around the pivot and other round numbers. I mean candle tails poke through either then price fails to hold and drops offering opportunities for shorting.
I sometimes trade via failures around the bolly 21ema but upon comparing i see the same reactions at pivots and round numbers (support and resistance).
Have the experienced guys/gals have any thoughts on the above comments?
Note. I didn't trade oil today.
Attached Image (click to enlarge)
Click to Enlarge Name: OILTUES.jpg Size: 334 KB
every Saint has a past. Every Sinner has a Future
  • #2,045
  • Jun 16, 2015 11:20am Jun 16, 2015 11:20am
Quoting claudia1
William where is bunny
Taking her afternoon nap
Attached Image
every Saint has a past. Every Sinner has a Future
  • #2,046
  • Jun 16, 2015 11:23am Jun 16, 2015 11:23am
Quoting turnip15
{quote} Taking her afternoon nap {image}
  • #2,047
  • Jun 16, 2015 11:31am Jun 16, 2015 11:31am
Quoting turnip15
@billytt and Claudia et al I notice that oft times price on oil and other securities, seem to react around the pivot and other round numbers. I mean candle tails poke through either then price fails to hold and drops offering opportunities for shorting. I sometimes trade via failures around the bolly 21ema but upon comparing i see the same reactions at pivots and round numbers (support and resistance). Have the experienced guys/gals have any thoughts on the above comments? Note. I didn't trade oil today. {image}
All I would say is get rid of the bunny bands and ma's things become clearer. Use the pivots and round numbers as you do and be aware of the adr. Simple really. Maybe bunny hibernating??
  • #2,048
  • Jun 16, 2015 11:36am Jun 16, 2015 11:36am
ADR ? Is that available with IG charts?

Apologies for the bands -I don't rely on them but they are like an overused set of stabilisers - I should let go and ride the adult bike like the big boys/girls do
every Saint has a past. Every Sinner has a Future
  • #2,049
  • Jun 16, 2015 12:02pm Jun 16, 2015 12:02pm
Quoting turnip15
ADR ? Is that available with IG charts? Apologies for the bands -I don't rely on them but they are like an overused set of stabilisers - I should let go and ride the adult bike like the big boys/girls do
average daily range - top left of one of my charts. Don't use IG charts so don't know.
  • #2,050
  • Jun 16, 2015 6:09pm Jun 16, 2015 6:09pm
Well it is Wednesday and a new day to trade.
I am not trading G/J daily break today it isn't my forte', maybe Thursday/Fri lets see.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,051
  • Jun 16, 2015 6:10pm Jun 16, 2015 6:10pm
Quoting turnip15
{quote} Taking her afternoon nap {image}
lol ,, how cute
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,052
  • Jun 16, 2015 6:11pm Jun 16, 2015 6:11pm
Quoting turnip15
ADR ? Is that available with IG charts? Apologies for the bands -I don't rely on them but they are like an overused set of stabilisers - I should let go and ride the adult bike like the big boys/girls do
Hi Turnip, I don't think ig do ADR , but I used to work them out myself (or daughter did)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,053
  • Jun 16, 2015 6:12pm Jun 16, 2015 6:12pm
Quoting claudia1
{quote} All I would say is get rid of the bunny bands and ma's things become clearer. Use the pivots and round numbers as you do and be aware of the adr. Simple really. Maybe bunny hibernating??
well said, ((( SIMPLE REALLY))) yeah right (Joking)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,054
  • Jun 16, 2015 6:19pm Jun 16, 2015 6:19pm
[quote=turnip15;8329764]@billytt and Claudia et al I notice that oft times price on oil and other securities,
Hi Turnip, If you keep stats of round numbers they will come in handy.
Pivots are very useful as in the resistance and support ones and definitely the daily pivot.
I cannot comment on 5 minute charts I honestly think it is pot luck but I will trade 15 min chart when a trade is bad, I do think there is some sort of bonding between a daily break fail and the levels on a 15 minute chart,(maybe I explained that badly) but it works for me.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,055
  • Jun 16, 2015 6:24pm Jun 16, 2015 6:24pm
cable didn't seem to do anything, we never got the red daily candle so cannot comment, but we are on an inside bar on 4 hour chart, soooooooooo

edit,sooooo if it breaks the 4 hour ib short it lol, not me though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,056
  • Edited Jun 17, 2015 1:58am Jun 16, 2015 7:51pm | Edited Jun 17, 2015 1:58am
Quoting turnip15
{quote} Taking her afternoon nap {image}
Hey Turnip, nice image



Bunny was overtrading this month on 1 min -5 min charts

If i remove bands from my chart, i do not think i can trade.
So if bands help you, keep it on. Each person have to find their way.
For me is easier to make 5 trades X 5 pips on 1 min , then trade on 1 hour or 4 hour .

I guess should keep it that way , maybe doing wrong and all opposite what everybody preaching, but result is 40 % up this month. It is funny that small scalping result summary in $ is much better then taking longer trades.

Now i fully understand what Claudia say - we look at Profit $ not at pips. Pips can be even negative.



Hope my 4 hour chart trading teacher not reading this....
  • #2,057
  • Jun 17, 2015 3:25am Jun 17, 2015 3:25am
[quote=RabbitWolf;8330340]{quote} Hey Turnip, nice image Bunny was overtrading this month on 1 min -5 min charts If i remove bands from my chart, i do not think i can trade.

Hi Bunny, hope you are ok. It makes sense what you say, If it helps you feel better trading do it, a bit like a child having a security blanket for a child, I have a 20 ma on my charts but it doesn't mean a thing to me when I trade the break for 5, same as pivots etc, I look for 5 and get 5 and I am not afraid to hit it very hard as I am that confident.
As long as I can trade the losing trade.
I am off out to London in 20 mins, that means I am not trading today. e/j still in yesterdays range but G/J did a nice high break, but I never traded it as I said, be good, catch you later.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,058
  • Jun 17, 2015 8:28am Jun 17, 2015 8:28am
@rabbit - good results for the month

How about trading without a chart no pivots no bunny bands nothing but price.

Just placing orders at obvious levels and set and forget. Bit like using an ea I guess. Got a strategy if you brave.
  • #2,059
  • Jun 17, 2015 12:59pm Jun 17, 2015 12:59pm
Hi all, I didn't need to go to London after all, ended up in Winchester, a nice place with lots of history.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,060
  • Edited 1:14pm Jun 17, 2015 1:01pm | Edited 1:14pm
Quoting claudia1
@rabbit - good results for the month How about trading without a chart no pivots no bunny bands nothing but price. Just placing orders at obvious levels and set and forget. Bit like using an ea I guess. Got a strategy if you brave.
That sounds interesting Claudia.

edit,,, I have said for years though regarding trading levels /pivots, resistance/support it is contradicting ,One set of people trade the break and one set trade the rebound. I could never get my head around that ( I kept losing)
but give me a level on a 15 min chart I will always go for the break,(on E/J & G/J)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
8 traders viewing now