Billytt Die happy trading e/j daily breakout | Page 107 | 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

  • #2,121
  • Jun 22, 2015 6:45am Jun 22, 2015 6:45am
Hi Turnip, I have been out running (in the rain, I luv it)then weights..
The 15 min ORB E/J was good on the short break even though it did fail on the high break BUT it did hit a round number (Maybe Claudia has a point ).
When I traded the ORB I would trade the high/low or both but only once...
I just took a look at charts. lets see how this new 4 hour bar goes. I am done for the day though...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,122
  • Jun 22, 2015 6:47am Jun 22, 2015 6:47am
Quoting turnip15
Only one oil trade today -Price action before was too wild West for me {image}
nice trade on the oil
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,123
  • Jun 22, 2015 6:53am Jun 22, 2015 6:53am
Finally - one hindsight or pretend trade (In other words what I would like to have done IF I had taken the trade)
Attached Image (click to enlarge)
Click to Enlarge Name: pretendtrade.jpg Size: 349 KB
every Saint has a past. Every Sinner has a Future
  • #2,124
  • Jun 22, 2015 7:13am Jun 22, 2015 7:13am
Quoting billytt
Hi Turnip, I have been out running (in the rain, I luv it)then weights.. The 15 min ORB E/J was good on the short break even though it did fail on the high break BUT it did hit a round number (Maybe Claudia has a point ). When I traded the ORB I would trade the high/low or both but only once... I just took a look at charts. lets see how this new 4 hour bar goes. I am done for the day though...
Good point about that 14000 round number. Claudia does have a point about them but I failed to take notice of it, but no harm done. I simply looked at the 8am price -what I think I really should do is to look around the immediate price and note things like round number and support/Resistance etc -like I normally do for my own style of trading and apply it to the 8am 15 minute bar price?
every Saint has a past. Every Sinner has a Future
  • #2,125
  • Jun 22, 2015 7:15am Jun 22, 2015 7:15am
Quoting turnip15
Finally - one hindsight or pretend trade (In other words what I would like to have done IF I had taken the trade) {image}
You have to keep stats and this will aid you, Note how often these trades win. lose and what sort of gains can be made.
It is like me using a 20 stop to gain 5, according to the books/gurus I cannot trade perhaps I cannot but I don't lose .( I know how to trade a loser)
You are doing well Turnip and as long as you know why you might get a loser you will go far. It is experience and sticking to a plan. I shall let Claudia tell you about Bands/lines , be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,126
  • Jun 22, 2015 8:09am Jun 22, 2015 8:09am
Quoting billytt
{quote} You have to keep stats and this will aid you, Note how often these trades win. lose and what sort of gains can be made. It is like me using a 20 stop to gain 5, according to the books/gurus I cannot trade perhaps I cannot but I don't lose .( I know how to trade a loser) You are doing well Turnip and as long as you know why you might get a loser you will go far. It is experience and sticking to a plan. I shall let Claudia tell you about Bands/lines , be good
No-No, don't tell Claudia I have been using bands etc or she might beat me around the head with a bratwurst !!
every Saint has a past. Every Sinner has a Future
  • #2,127
  • Jun 22, 2015 9:33am Jun 22, 2015 9:33am
Quoting turnip15
{quote} No-No, don't tell Claudia I have been using bands etc or she might beat me around the head with a bratwurst !!
I could not get a picture of Claudia with a bratwurst but this is the pan she uses
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,128
  • Edited 10:47am Jun 22, 2015 10:15am | Edited 10:47am
Quoting turnip15
Claudia gets her twenty ? {image}
yep but what a horrible day weather wise. Neil these bunny bands they work for rabbit. Speaking of oil BP 1.87% for the day that deserves a glass.
  • #2,129
  • Jun 22, 2015 12:42pm Jun 22, 2015 12:42pm
Quoting claudia1
{quote} yep but what a horrible day weather wise. Neil these bunny bands they work for rabbit. Speaking of oil BP 1.87% for the day that deserves a glass.
Awful weather -two large downpours in two hours. And temperature drops lower than one would expect for late June. I need a glass to counteract the depressing aspect of the weather (trading was okay though).
every Saint has a past. Every Sinner has a Future
  • #2,130
  • Jun 22, 2015 2:09pm Jun 22, 2015 2:09pm
Quoting turnip15
{quote} Awful weather -two large downpours in two hours. And temperature drops lower than one would expect for late June. I need a glass to counteract the depressing aspect of the weather (trading was okay though).
Ouch, sorry to hear. Greeting from sunny California!
  • #2,131
  • Jun 22, 2015 6:08pm Jun 22, 2015 6:08pm
a new day to trade, E/J - the weekly candles suggest it dropping, if it gets to Mon low that will be on the 20 ma, so may prove difficult to trade, It depends on the time of day like last Friday. Or maybe drop to Mon open. Lets see, look for clues or wait the break hopefully.. Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,132
  • Jun 22, 2015 6:25pm Jun 22, 2015 6:25pm
I only trade these sorts of levels when I am correcting a losing breakout trade.
But I shall ramble on regardless, we have a high and a low level at this moment in time 00-25. If the high is broken long it and if low broken short it. The entry does not have to be precise. Remember we are also on a round number lol..
I am only trading the daily break..
Attached Image (click to enlarge)
Click to Enlarge Name: 2306.PNG Size: 38 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,133
  • Jun 22, 2015 6:32pm Jun 22, 2015 6:32pm
WOW, this is what we want , it makes my humble trading look ridiculous
Attached Image (click to enlarge)
Click to Enlarge Name: wow.PNG Size: 4 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,134
  • Jun 22, 2015 6:36pm Jun 22, 2015 6:36pm
Cable, Claudias baby,, the daily inside bar broke Last Thur mother bar earlier and it should drop, If it doesn't don't blame me I am just saying. My friend isn't speaking again so I will try and talk trading instead.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,135
  • Jun 22, 2015 6:47pm Jun 22, 2015 6:47pm
Quoting bonkers
{quote} Ouch, sorry to hear. Greeting from sunny California!
speechless and jealous lol, good to hear off you
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,136
  • Jun 22, 2015 7:01pm Jun 22, 2015 7:01pm
Turnip,, OIL
No1 those 2 almost identical bars suggest it dropping..
No2 is an inside bar, a good clue .
Attached Image (click to enlarge)
Click to Enlarge Name: oil.PNG Size: 46 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,137
  • Jun 22, 2015 7:32pm Jun 22, 2015 7:32pm
It is 01-30 here and I am going to go and phone my friend and sing to her , a Stevie Wonder Song. Obviously I will have to walk some distance away from my house.
First I will set alarm on E/J and then sleep.
Catch you later and trade well.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,138
  • Jun 23, 2015 4:09am Jun 23, 2015 4:09am
Good morning, It is safe to speak now. lol..
E/J Monday low was broken ..It happened just after Frankie open , I am not normally bothered about Frankie open but it is worth knowing about so thanks to Claudia for mentioning it last week.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,139
  • Jun 23, 2015 4:21am Jun 23, 2015 4:21am
Attached Image (click to enlarge)
Click to Enlarge Name: ej23rd06.PNG Size: 39 KB

B = E/J low 13926 was broken and I took 6 pips (1 extra as they add up)
A = remember me saying how I would trade a losing trade and showed a level?t hat entry was approx. 13980, That is what I look for.OK I wasn't expecting so many pips but it is getting the 5 which counts. (I DID NOT TRADE THE LEVEL)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,140
  • Jun 23, 2015 4:26am Jun 23, 2015 4:26am
Quoting billytt
Cable, Claudias baby,, the daily inside bar broke Last Thur mother bar earlier and it should drop, If it doesn't don't blame me I am just saying. My friend isn't speaking again so I will try and talk trading instead.
Cable did drop, a typical inside bar break, Claudia has been speaking about it for a few days now, I cannot add much more but look where it is on the charts,, (Daily)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
8 traders viewing now