Billytt Die happy trading e/j daily breakout | Page 105 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #2,081
  • Jun 18, 2015 9:48am Jun 18, 2015 9:48am
Quoting billytt
{quote} hello Piptalk and welcome, good trades , what is GY ??? I have only heard of e/j, g/j ,g/u and oil trade well and come back,,
lol...Thats my abbreviation of the gpbjpy,,,Anyways purely playing the BO of the daily EJ and GJ,,3 pips over the Hi/Lo,,,with a 15 pip Stop...2 entries if needed..Taking half at 5 pips then depending on the strength of the BO trailing by 5 with a TP of 25-50,,,Been trading BOs for years primarily London,,,,Really enjoy the casual banter on this thread,,,BTW whats your favorite Scotch...?? I kinda like Glendronach 15..Damn,, wish I lived over the pond..
  • #2,082
  • Edited 1:10pm Jun 18, 2015 1:02pm | Edited 1:10pm
Turnips day:
Late to Pc for Claudias hourly pivot trade -no pivot break but I missed Doji reversal at 7am but longed green bar to its' right for the 20. -why 20? Because 15900 level began to spike (show reluctance to go higher)
Losing trades on E/J 15 minutes (two) Whipped about. But got a winner later on a Doji.
Lucky Bent trade ( Lucky in that it moved so far in profit making a nice profit for the day) -this was a double bottom higher close pattern I like. Doesn't always work and best in a trend or part of a break out -I rarely trade this pattern (or any other in isolation).
Due to E/J initial thrashing I stayed with it waiting for a chance to trade same for a profit so didn't pay much attention to other pairs. Not sure I missed anything since I can only trade oil and hourly pound plus one other 15 minute pair -hence my decision to stick to e/j today.
Some high impact news today ?
Edit -just looked at other 15 minute pairs - Other than E/J, if these were traded as 15 minute breakouts at 8am then one would have had some good trades- that's life, hind sight is a wonderful thing.
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every Saint has a past. Every Sinner has a Future
  • #2,083
  • Jun 18, 2015 3:51pm Jun 18, 2015 3:51pm
Hi guys (bill mainly for this one i think), been playing with the BO of the daily H/L. Do you just set a buy entry and sell entry either side of the H/L and wait for it to hit or manually do it when you think the circumstances are right?

Also, when you talk about getting 1 pip or 5 for example, assuming you mean after spread etc???
  • #2,084
  • Jun 18, 2015 6:36pm Jun 18, 2015 6:36pm
Quoting jmillard26
Hi guys (bill mainly for this one i think), been playing with the BO of the daily H/L. Do you just set a buy entry and sell entry either side of the H/L and wait for it to hit or manually do it when you think the circumstances are right? Also, when you talk about getting 1 pip or 5 for example, assuming you mean after spread etc???
Hello Jmillard26 and welcome. I set the high /low on the actual high /low of the candle, some do add a pip or two. and that is done automatically. the 5 is after spread etc so that means it has to move 10 before you are certain to get 5 (sometimes 9).
once in the trade I normally close it manually so I sometimes get a few more pips. But quite often I set close for 5 and that is it, trade well...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,085
  • Jun 18, 2015 6:41pm Jun 18, 2015 6:41pm
Quoting piptalk
{quote} lol...Thats my abbreviation of the gpbjpy,,,Anyways purely playing the BO of the daily EJ and GJ,,3 pips over the Hi/Lo,,,with a 15 pip Stop...2 entries if needed..Taking half at 5 pips then depending on the strength of the BO trailing by 5 with a TP of 25-50,,,Been trading BOs for years primarily London,,,,Really enjoy the casual banter on this thread,,,BTW whats your favorite Scotch...?? I kinda like Glendronach 15..Damn,, wish I lived over the pond..
Hi Piptalk, I have not had whiskey for many a year but when I did I would go for a very old malt and no idea of any names sorry, I have not had a drink for weeks but I love good full bodied rich wines (like my woman ) and cider.
Anybody mentions this to my wife and I will be forced to strangle you lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,086
  • Jun 18, 2015 6:45pm Jun 18, 2015 6:45pm
G/J looks tempting especially on the 4 hour chart for dropping if the low of the inside bars break.not the previous one as it is short range, it is at a level from 6 years ago...lets see. I shall not be trading it but maybe if the daily breaks which ever way.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,087
  • Jun 19, 2015 1:40am Jun 19, 2015 1:40am
Good morning from a sunny south coast. E/J is close to breaking daily Thursday low and we are very close to UK open time 07-39 right now.
If it breaks very soon I may try and grab a few extra pips as I think it should move quick. But if it retraces I shall close trade with 1 or 2 pips, I think it will be worth it. Lets see

edit,,,, G/J quiet, I will not be trading it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,088
  • Edited 2:17am Jun 19, 2015 2:03am | Edited 2:17am
BINGO ,, all done for the day

edit,, My lil friends investment is now 3%. hopefully she will treat me lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,089
  • Jun 19, 2015 2:24am Jun 19, 2015 2:24am
Attached Image (click to enlarge)
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we had the break almost exactly 13950 but I was aware of the 13900 round number as Claudia pointed out and that 20 ma is close. So got 14 ( 0.86%) and got out.. Have a good day all..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,090
  • Jun 19, 2015 3:16am Jun 19, 2015 3:16am
Quoting billytt
{image} we had the break almost exactly 13950 but I was aware of the 13900 round number as Claudia pointed out and that 20 ma is close. So got 14 ( 0.86%) and got out.. Have a good day all..
So I can be useful
  • #2,091
  • Jun 19, 2015 4:54am Jun 19, 2015 4:54am
Quoting claudia1
{quote} So I can be useful
I am not sure if knowing that was good or not lol.. out now on the pier and can just about read text on mobile. Be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,092
  • Jun 19, 2015 5:15am Jun 19, 2015 5:15am
So far....
E/J 15 minute going nowhere after large red candle at 8am.
Oil traded okay.
No GBP hourly pivot trade -one short had set up at 6am but yours truly was still in his pit.
That,s it for today. ( It's Friday)
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: OIL.jpg Size: 257 KB
every Saint has a past. Every Sinner has a Future
  • #2,093
  • Jun 19, 2015 6:13am Jun 19, 2015 6:13am
Quoting turnip15
So far.... E/J 15 minute going nowhere after large red candle at 8am. Oil traded okay. No GBP hourly pivot trade -one short had set up at 6am but yours truly was still in his pit. That,s it for today. ( It's Friday) {image} {image}
EA took short at close of 6 am bar for 20. This was the whole idea to take overnight moves which are low risk usually. It's not perfect but works when allowed. Idiot here had long position so we cancelled each other out.
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  • #2,094
  • Jun 19, 2015 7:08am Jun 19, 2015 7:08am
Claudia -I sometimes think that Billy trades at night because he has bat like tendencies.
I find 7am is the earliest I can get to the screen feeling alert. I could use an alert but then I still have to get out of bed early. So I will leave things as is, and leave the night hours to Billy.
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every Saint has a past. Every Sinner has a Future
  • #2,095
  • Jun 19, 2015 7:40am Jun 19, 2015 7:40am
And........seems a lot of the moves in forex occurred during the early hours UK time ?

Meanwhile..............elsewhere on an internet forum near you...........bears are having a bad day !
Attached Image
every Saint has a past. Every Sinner has a Future
  • #2,096
  • Jun 19, 2015 9:10am Jun 19, 2015 9:10am
Quoting turnip15
And........seems a lot of the moves in forex occurred during the early hours UK time ? Meanwhile..............elsewhere on an internet forum near you...........bears are having a bad day ! {image}
lol William not too keen on bears but that's another story.
  • #2,097
  • Jun 19, 2015 4:10pm Jun 19, 2015 4:10pm
EJ Daily break short...+5 tp1 +30 tp2 in 10 min... No GY trade
  • #2,098
  • Jun 19, 2015 4:38pm Jun 19, 2015 4:38pm
Quoting piptalk
EJ Daily break short...+5 tp1 +30 tp2 in 10 min... No GY trade
You waited all day for that ! You are a patient man
every Saint has a past. Every Sinner has a Future
  • #2,099
  • Jun 19, 2015 4:52pm Jun 19, 2015 4:52pm
Ya..I sat in front the monitor the whole time,,,waiting,,,waiting,,,hahah!
  • #2,100
  • Jun 20, 2015 4:19am Jun 20, 2015 4:19am
Quoting turnip15
Claudia -I sometimes think that Billy trades at night because he has bat like tendencies. I find 7am is the earliest I can get to the screen feeling alert. I could use an alert but then I still have to get out of bed early. So I will leave things as is, and leave the night hours to Billy. {image}
Hi Turnip, I like the idea of being a vampire, a lot of daily breaks happen at night so that is why I am there .
I do have alarm running sometimes so I can sleep or if I think nothing will happen.
Yesterday was good with E/J, nothing all night until the UK open.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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