Billytt Die happy trading e/j daily breakout | Page 106 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #2,101
  • Jun 20, 2015 4:20am Jun 20, 2015 4:20am
Quoting claudia1
{quote} lol William not too keen on bears but that's another story.
I'd forgotten about that idiot,,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,102
  • Jun 20, 2015 4:22am Jun 20, 2015 4:22am
Quoting turnip15
{quote} You waited all day for that ! You are a patient man
That was a good trade on E/J just on the open, good for stats as you can normally get more than the 5 as you did (and myself)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,103
  • Jun 20, 2015 4:26am Jun 20, 2015 4:26am
Quoting piptalk
Ya..I sat in front the monitor the whole time,,,waiting,,,waiting,,,ha-ha!
been there, done it. I am not too bad now get 5 then get out...
I played music or sometimes in day time I try and play my tenor sax or blues harp but only when it is safe to do so
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,104
  • Edited 5:05am Jun 20, 2015 4:49am | Edited 5:05am
Stats from 1st Jan 2015 to Fri 19th June...
E/J ...Trades 144.... 126 wins... 18 losses... 87.5% strike rate .The 17th June trade carried onto the next day (I can explain) or look.
G/J... Trades 140... 127 wins... 13 losses...90.5 strike rate. On the 15th June we had 2 losses both the high and the low. The losses where tradable and the high was good the second time around but we are not trading this way ( I only traded one of the G/J results)
The G/J stats are for interest as I do not need to trade it...
Trade well next week...

edit,,, These stats are for 5 pips (10 gross) BUT you will find a very high strike rate of 15 pips (gross)


edit,,,
Attached Image (click to enlarge)
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the trade on 17th broke the high of 16th just as the date changed to 18th, still a good trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,105
  • Jun 20, 2015 7:58am Jun 20, 2015 7:58am
I was asked why 5...
First,, on the daily break you will get 5 even if the trade then goes against and I will post charts showing this just ask.
Second,, with my trading 5 pips is 5% of my trade roll.
Forget the trades which go against as a different roll is used.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,106
  • Jun 20, 2015 12:22pm Jun 20, 2015 12:22pm
Quoting billytt
Stats from 1st Jan 2015 to Fri 19th June... E/J ...Trades 144.... 126 wins... 18 losses... 87.5% strike rate .The 17th June trade carried onto the next day (I can explain) or look. G/J... Trades 140... 127 wins... 13 losses...90.5 strike rate. On the 15th June we had 2 losses both the high and the low. The losses where tradable and the high was good the second time around but we are not trading this way ( I only traded one of the G/J results) The G/J stats are for interest as I do not need to trade it... Trade well next week... edit,,, These stats...
Thanks for that Billy. Great stuff as usual and thanks for continuing to share.
every Saint has a past. Every Sinner has a Future
  • #2,107
  • Jun 21, 2015 10:09am Jun 21, 2015 10:09am
Now this might have caught a few stops spread a bit on the high side.
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  • #2,108
  • Jun 21, 2015 10:16am Jun 21, 2015 10:16am
Quoting claudia1
Now this might have caught a few stops {image}
Ouch !! many traders felt the pain on that spike
every Saint has a past. Every Sinner has a Future
  • #2,109
  • Jun 21, 2015 10:38am Jun 21, 2015 10:38am
Take on tonight/tomorrow - a lot depends on Greece situation of course.

G/U - expecting a big move after quiet Friday. Orders either side of Friday hi/lo looking +20. EA not running.

E/J - down to EA this one looking for Billy's +5.
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  • #2,110
  • Edited 5:30pm Jun 21, 2015 3:50pm | Edited 5:30pm
Quoting claudia1
Take on tonight/tomorrow - a lot depends on Greece situation of course. G/U - expecting a big move after quiet Friday. Orders either side of Friday hi/lo looking +20. EA not running. E/J - down to EA this one looking for Billy's +5. {image} {image}
We should check weekly high - low too i gues. Greek staff can make big mess, so be careful ..

---------------------
Yep it looks like they running a bit EU up over weekend, will see what will be next

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EDIT:

LOL Gaps Up
  • #2,111
  • Edited 5:27pm Jun 21, 2015 5:16pm | Edited 5:27pm
E/J Weekly candles in the range of 60 an d 50 % Fibo. That could be important lines

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Day Pivot in tune with Weekly Central and Monthly R2
  • #2,112
  • Jun 21, 2015 6:57pm Jun 21, 2015 6:57pm
Trade well this week.
Nice big gap up on Sunday open (E/J )and nicely closed ( nearly always does) I no longer trade gaps.
I am currently shorting Sunday low , it is not quite going to plan but no worries, Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,113
  • Jun 21, 2015 7:03pm Jun 21, 2015 7:03pm
Quoting claudia1
Now this might have caught a few stops spread a bit on the high side. {image}
ouch,,,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,114
  • Jun 21, 2015 7:08pm Jun 21, 2015 7:08pm
[quote=claudia1;8338299]Take on tonight/tomorrow - a lot depends on Greece situation of course. G/U - expecting a big move after quiet Friday. E/J - down to EA this one looking for Billy's +5.
It gapped up quite long Sunday, It would be good to see e/j drop to 20 ma area (daily), I am currently in a short going against me at the moment, I will short it again on the 15 min ma and then I will be looking at counter trade if it still rises. Hopefully it will not be a long night maybe 02-30 sleep time lol,

edit,, I wrote above approx. 01-10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,115
  • Edited 4:25am Jun 22, 2015 4:15am | Edited 4:25am
I was almost right with the sleep time lol, I did short it again off the 20 ma approx. 1-30 uk time. I got 10 (after spread) and this cancelled the first trade out so I got 5 the hard way....
Looking at it now (Hindsight is good ) I should not of traded it at all , not after such a big gap.

BUT if I hadn't of traded off the 20 ma I had a level long to make it good and actually a level to short it. I shall turn monitors back on and maybe show a chart


edit,,,, Sunday high was not triggered AND I was not going to trade it on the breakout.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,116
  • Jun 22, 2015 4:35am Jun 22, 2015 4:35am
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Firstly, I would only trade these levels to correct a bad trade, Luckily I made it right with a bounce off the 20 ma which is unusual for me.
1 = short off 20 ma.
2 = exit trade for 10 after spread.
3 = level long.
4 = level short.
5 = yesterdays low is now a level
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,117
  • Jun 22, 2015 4:43am Jun 22, 2015 4:43am
My friends investment is now running at 3.27%. I got 4 pips not 5 lol.
Let us do it again tomorrow, be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,118
  • Jun 22, 2015 6:23am Jun 22, 2015 6:23am
Billy 15 minute E/J bar strikes again :-)
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every Saint has a past. Every Sinner has a Future
  • #2,119
  • Jun 22, 2015 6:30am Jun 22, 2015 6:30am
Claudia gets her twenty ?
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every Saint has a past. Every Sinner has a Future
  • #2,120
  • Jun 22, 2015 6:38am Jun 22, 2015 6:38am
Only one oil trade today -Price action before was too wild West for me
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every Saint has a past. Every Sinner has a Future
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