Billytt Die happy trading e/j daily breakout | Page 125 | 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

  • #2,481
  • Edited 8:09pm Jul 8, 2015 7:46pm | Edited 8:09pm
[quote=turnip15;8371111]{quote} @Claudia1 @Billytt No Claudia you did not misread a post. You were correct in that I had missed the facility at the top of the post to report a post etc.
Turnip, keep doing what you are doing. If you feel in control trading how you do that is great and that is how it should be. I was scalping cable the other day and got quite a lot of pips (for me) but I didn't feel comfortable so I stopped.
As for chicken bones ,that's the way to go
Attached Image

I am not sure about chicken bones, but we'll get Claudia to (new shamen) throw a few bones down and we'll then get Bunny to analyse them
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,482
  • Edited 3:51am Jul 9, 2015 2:28am | Edited 3:51am
Impressive, I am speechless.......well done
Attached Image (click to enlarge)
Click to Enlarge Name: H.PNG Size: 28 KB


edit, I think he uses chicken bones method..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,483
  • Jul 9, 2015 3:50am Jul 9, 2015 3:50am
I didn't tell you but I have been working on a 4 hour candle breakout method using the 20-00 and 04-00 candle (UK Time).
mainly used cable and things look promising. Only trouble is it I have to sit and watch the trade unfold or use a big stop and this is where things are not smooth. But as I said it looks promising...

Attached Image (click to enlarge)
Click to Enlarge Name: 4hour.PNG Size: 44 KB

A = 04-00 4 hour candle... this candle will trigger on the break of it, If it breaks low I will hopefully let it go until yesterdays low. small wager on it

edit,,,,,,, time 09-56
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,484
  • Jul 9, 2015 4:01am Jul 9, 2015 4:01am
I hope Claudia gives me permission to trade her cable, I am taking liberties...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,485
  • Jul 9, 2015 4:10am Jul 9, 2015 4:10am
Quoting billytt
I hope Claudia gives me permission to trade her cable, I am taking liberties...
good luck with it theres not much going on.
  • #2,486
  • Jul 9, 2015 4:14am Jul 9, 2015 4:14am
Quoting claudia1
{quote} good luck with it theres not much going on.
That is boredom for you (ME) I thought about fishing, I am not speaking to my friend again lol. i shall have a go on my weights and maybe try a quick run . But I shall watch cable a while to see if I get a trigger off the 4 hour....
Tomorrow will be ok as I am dancing at a new club....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,487
  • Jul 9, 2015 4:51am Jul 9, 2015 4:51am
Quoting claudia1
{quote} good luck with it theres not much going on.
Cable look like wiggle time, with 4 hour bumping onto 400 SMA on the bottom. Will see it will go under or go up to 300 SMA.
Weekly S2 zone passed a bit
  • #2,488
  • Jul 9, 2015 5:15am Jul 9, 2015 5:15am
Quoting RabbitWolf
{quote} Cable look like wiggle time, with 4 hour bumping onto 400 SMA on the bottom. Will see it will go under or go up to 300 SMA. Weekly S2 zone passed a bit
Hi Bunny, I hope you are well. it is 11-12 here and we have 48 mins to go for the 4 hr candle to close at 12-00, it looks like it might be an inside bar .. It will move and as I haven't traded E/J for ages I might just hit it. I will feel better if it drops but if not I shall still trade it, be good, good analysis
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,489
  • Jul 9, 2015 5:17am Jul 9, 2015 5:17am
I am still hoping to trade the break of the 04-00 4 hour candle)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,490
  • Jul 9, 2015 5:23am Jul 9, 2015 5:23am
Quoting billytt
{quote} Hi Bunny, I hope you are well. it is 11-12 here and we have 48 mins to go for the 4 hr candle to close at 12-00, it looks like it might be an inside bar .. It will move and as I haven't traded E/J for ages I might just hit it. I will feel better if it drops but if not I shall still trade it, be good, good analysis
E/J The Bottom is Monthly S1, so careful with shorts. 20 SMA zone on Weekly chart, wiggle zone.... Need watch what weekly candle is doing
  • #2,491
  • Jul 9, 2015 5:51am Jul 9, 2015 5:51am
Ok , we do not have an ib on cable 4 hour candle, it did break the 04-00 candle so I am now shorting it. hopefully it will drop to yesterdays low.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,492
  • Jul 9, 2015 5:53am Jul 9, 2015 5:53am
Quoting RabbitWolf
{quote} E/J The Bottom is Monthly S1, so careful with shorts. 20 SMA zone on Weekly chart, wiggle zone.... Need watch what weekly candle is doing
yes indeed, if this were E/J I would have no hesitation to counter trade it if it reversed. Guess I can do it with cable . If it fails i'll give horlique a call.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,493
  • Jul 9, 2015 7:43am Jul 9, 2015 7:43am
So Far,,, do not try this at home with cable
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,494
  • Jul 9, 2015 7:45am Jul 9, 2015 7:45am
Quoting RabbitWolf
{quote} E/J The Bottom is Monthly S1, so careful with shorts. 20 SMA zone on Weekly chart, wiggle zone.... Need watch what weekly candle is doing
Hi Bunny, I am not trading E/J today again, I am currently trading cable, I did short it and then stuck in a counter trade off a 3 minute level, that 04-00 candle will go again. It almost broke the high. anyway it is all fun. actually I am ok with it

edit 13-48 time
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,495
  • Edited 9:28am Jul 9, 2015 8:57am | Edited 9:28am
Quoting billytt
{quote} Hi Bunny, I am not trading E/J today again, I am currently trading cable, I did short it and then stuck in a counter trade off a 3 minute level, that 04-00 candle will go again. It almost broke the high. anyway it is all fun. actually I am ok with it edit 13-48 time
Today Cable is in up mood . Asia started bullish and it broke Pivot. Asia open line still holding. As i say 400 SMA on 4 hour on the bottom. This can make up moves. Can touch 20 SMA on 4 hour, then drop from it. Just guessing. If day candle will be bullish, can step up more. Big MA on Day chart
Indicators oversold too. Trendline coming up lower !!!

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 67 KB
  • #2,496
  • Jul 9, 2015 9:12am Jul 9, 2015 9:12am
Quoting RabbitWolf
{quote} Today Cable is in up mood . Asia started bullish and it broke Pivot. Asia open line still holding. As i say 400 SMA on 4 hour the bottom. This can make up moves. Can touch 20 SMA on 4 hour, then drop from it. Just guessing. If day candle will be bullish, can step up more. Big MA on Day chart Indicators oversold too. Trendline coming up lower !!! {image}
Cable going no place waiting for Greek silliness to do something. Check out the China 30 index that's fun.
  • #2,497
  • Jul 9, 2015 9:23am Jul 9, 2015 9:23am
@rabbit never traded but would have been great stuff. How's Greece ?
Attached Image (click to enlarge)
Click to Enlarge Name: shanghai.png Size: 96 KB
  • #2,498
  • Jul 9, 2015 9:48am Jul 9, 2015 9:48am
we have 15 mins until this 4 hour candle closes at 16-00. (cable) and it looks like an inside bar too, Last 4 hour break out was quite hard to trade but ok. I think this next break will be a lot easier ( 12-00 to 16-00) candle. Lets see. Be good ..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,499
  • Edited 2:06pm Jul 9, 2015 11:59am | Edited 2:06pm
@Billytt
Wary of Euro but took a "Billy" E/J plus a couple of my own set ups.
Oil was kind again but hard work and demanded instant reaction -very tiring.
Could of had more on oil but usually don't trade pm (In this case i was shopping with the boss)

Edit - the 'Billy'E/J didn't appear earlier -hopefully it does now !
Attached Image (click to enlarge)
Click to Enlarge Name: ThursdayBilly.jpg Size: 235 KB
Attached Image (click to enlarge)
Click to Enlarge Name: OIL.jpg Size: 275 KB
every Saint has a past. Every Sinner has a Future
  • #2,500
  • Jul 9, 2015 12:41pm Jul 9, 2015 12:41pm
BINGO.almost got to Wed low on cable. I am out now. Be good all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
99 traders viewing now