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Billytt Die happy trading e/j daily breakout

  • #2,201
  • Jun 25, 2015 4:10am Jun 25, 2015 4:10am
Quoting turnip15
Lastly -Brent Crude 5 minute (Anyone trade longer time frame on oil )?? 'kinell Billy -16 traders lurking in the wings !! {image}
Hi Turnip, I just remembered , I will look at Brent Oil
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,202
  • Jun 25, 2015 4:14am Jun 25, 2015 4:14am
Quoting turnip15
15 minute E/J is forming some sort of flag -it keeps probing that 13880 level Billy ?
I noticed that Turnip, Most of the major pairs are not doing anything and they are all inter related one way or another.no Idea if any news release ( cannot be bothered to look plus I am not bothered anyway)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,203
  • Edited 4:34am Jun 25, 2015 4:24am | Edited 4:34am
BINGO ..E/J inside daily bar and Wednesday daily low has just been broken for 17 pips,, (it should of been 14) but hey ho


A = inside bar
B = Wed low
both triggered,, Look where it is on the 14 day RSI, this suggests a long way to go (either way) lol. But down looks good. I have finished for the day, I don't need all the pips.
I feel a bit bad because I didn't trade it for my friend yeah right. She got the 5% what more does she want and it is a lot more than her bank was offering lol. Trade well

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I just did an edit as I posted an old chart from this one,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,204
  • Jun 25, 2015 4:52am Jun 25, 2015 4:52am
Hi Turnip, I just took a look at Brent Crude August, I think that is the one you trade..
I did trade it a few years ago and do remember I failed lol. I didn't trade it much though maybe 5 times.
I cannot speak of any slippage/spread etc .The inside bars on 4 hour especially and daily look good to trade off for modest gains. But again we need to know the spread etc. I cannot help on short time frames as I have no idea (honest)..


edit,,, on the 4 hour chart I am not sure about trading an IB aggressively though, I would have to back test it for stats
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,205
  • Jun 25, 2015 6:42am Jun 25, 2015 6:42am
Turnip.. Brent Aug
Attached Image (click to enlarge)
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4 hour chart
A = Mother Bar from last Friday..
1 - 2 -3 are all inside bars, today is still an ib.
ALSO 1 then 2 then 3 are all outside bars..i do not see this very often ..
So erm erm so erm lets see if it breaks the last 4 hr bar, it is 12-42 now,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,206
  • Jun 25, 2015 7:15am Jun 25, 2015 7:15am
Attached Image (click to enlarge)
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it did drop at 13-06 , it made 16 so far but no idea about slippage/spread etc, lets see if it can break that Mother Bar
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,207
  • Jun 25, 2015 8:07am Jun 25, 2015 8:07am
Hello looks like got reading to catch up on lol.
  • #2,208
  • Jun 25, 2015 8:28am Jun 25, 2015 8:28am
Quoting claudia1
Hello looks like got reading to catch up on lol.
Hello Claudia, I hope all is well. I got bored so started rambling. At least the trades went good lol. One loss and I will shut my mouth..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,209
  • Jun 25, 2015 8:29am Jun 25, 2015 8:29am
Brent Oil dropped a bit more
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,210
  • Jun 25, 2015 8:33am Jun 25, 2015 8:33am
ea got there.
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  • #2,211
  • Jun 25, 2015 8:35am Jun 25, 2015 8:35am
Quoting RabbitWolf
{quote} Python.... BB The tails are a bit dangerous because there are break outs traded, but is save in the middle to enter and get few pips. Claudia we need this programmed ... {image}
will forward the idea on to Hanover.
  • #2,212
  • Jun 25, 2015 8:38am Jun 25, 2015 8:38am
Quoting billytt
{quote} I noticed that Turnip, Most of the major pairs are not doing anything and they are all inter related one way or another.no Idea if any news release ( cannot be bothered to look plus I am not bothered anyway)
It's EU stuff Cameron is speaking in Brussels have to assume he bypassed Calais.
  • #2,213
  • Jun 25, 2015 8:43am Jun 25, 2015 8:43am
Quoting RabbitWolf
{quote} Your chart looks like garden But if looking at round numbers.... Greed runs up price to 20 SMA on 4 hour and 20 SMA on daily and this is good example. Also 139.20 area. And it is 50 pips in range trading. 400 SMA on 30 min . And mid Pivot is the place to watch if its above day pivot. 4 Hour BB center is important place. 1 hour BB visible on chart. {image} {image} Bearish pattern on day chart, but 4 hour pattern was bullish. And bump at trendline.
he's doing good its bunny bands messing the garden up.
  • #2,214
  • Jun 25, 2015 8:46am Jun 25, 2015 8:46am
Quoting turnip15
@Claudia1 Is this the 4 hour spx you referred to? Not sure how I would approach it but I notice it consolidates often around the 50ema. Another thought is that I could look for signs of reversals at extremes from 50ema ? {image}
Hi - really don't know and hate ma's. Why not just focus on one thing and get to know how it moves. Maybe crude ?
  • #2,215
  • Jun 25, 2015 8:54am Jun 25, 2015 8:54am
Quoting RabbitWolf
Trading boxes or round numbers - most confusing thing. I do not know how Claudia does it.... But nice dive from central Pivot on EU, made to S3 and weekly Candle low is broken. Monthly Pivot 1.1090 Go back to my Bands Boxes look nice... {image}
Boxes help identify breakout zones and round numbers are major levels which are always targets. But I know that you know all this.

No one seems to take account of adr which is worth watching especially later in the day.
  • #2,216
  • Jun 25, 2015 8:55am Jun 25, 2015 8:55am
Quoting turnip15
Lastly -Brent Crude 5 minute (Anyone trade longer time frame on oil )?? 'kinell Billy -16 traders lurking in the wings !! {image}
Look Claudia -no Bolly Bands :-)

Price didn't go down from 6400 level straight away -it went up to form a nice double top/lower close for a short, and closed out at Pin B. Missed a couple of inside bars and a big outside bar short but I was not confident enough to trade them and by the time I had thought about them it was too late.
That's it today
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every Saint has a past. Every Sinner has a Future
  • #2,217
  • Jun 25, 2015 8:57am Jun 25, 2015 8:57am
Quoting claudia1
{quote} Hi - really don't know and hate ma's. Why not just focus on one thing and get to know how it moves. Maybe crude ?
Agreed - and I seem to be moving that way already
every Saint has a past. Every Sinner has a Future
  • #2,218
  • Jun 25, 2015 9:00am Jun 25, 2015 9:00am
Quoting turnip15
{quote} Look Claudia -no Bolly Bands :-) Price didn't go down from 6400 level straight away -it went up to form a nice double top/lower close for a short, and closed out at Pin B. Missed a couple of inside bars and a big outside bar short but I was not confident enough to trade them and by the time I had thought about them it was too late. That's it today {image}
Hey you have to agree that's easier to read.
  • #2,219
  • Jun 25, 2015 9:09am Jun 25, 2015 9:09am
Quoting turnip15
15 minute E/J is forming some sort of flag -it keeps probing that 13880 level Billy ?
Thar she goes Billy
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every Saint has a past. Every Sinner has a Future
  • #2,220
  • Jun 25, 2015 9:15am Jun 25, 2015 9:15am
Quoting turnip15
Waiting...? {image}
@Claudia1

Broke through pivot for a long but price shows sign of stalling now ?
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every Saint has a past. Every Sinner has a Future
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