Billytt Die happy trading e/j daily breakout | Page 127 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #2,521
  • Jul 10, 2015 12:01pm Jul 10, 2015 12:01pm
Quoting billytt
{image} the 12-00 4 hour candle was broken and it dropped approx 20 pips after spread etc. I did not trade it as I was sun worshipping, It has gone quite cloudy now. It has been a fun week playing with a new method and even scalping once, there is life after E/J daily breakout lol.be good
@Billytt
Are you referring to the 12noon- four hour candle (which expires at 1600hours). You seem to drop to the three minute time frame to trade any break of the high/low at the close of this candle ?
Do you aim for twenty pips or do you exit when price action dictates?
every Saint has a past. Every Sinner has a Future
  • #2,522
  • Jul 10, 2015 12:28pm Jul 10, 2015 12:28pm
Attached Image (click to enlarge)
Click to Enlarge Name: levels cable.PNG Size: 54 KB
Quoting turnip15
{quote} @Billytt Are you referring to the 12noon- four hour candle (which expires at 1600hours). You seem to drop to the three minute time frame to trade any break of the high/low at the close of this candle ? Do you aim for twenty pips or do you exit when price action dictates?

Hi Turnip,,, yes I refer to 12-00 noon expires at 16-00 hrs. I only use the 3 minute chart to scalp any retrace, it did happen the other day. I am still working on the method as in, A ... do I use a small stop loss which is not me. B,,, or a big stop loss or C,,, small stop but use re entry ...
I have no trouble trading my style but I want to develop this method to probably sell to my mates company...
This is a bigger version of the 15 min ORB but I use 3 specific times 20-00/04-00 and 12-00.
Attached Image (click to enlarge)
Click to Enlarge Name: levels cable.PNG Size: 54 KB

I marked levels on 3 min chart, they are not all good but I didn't have any failures... If I traded E/J I would use the 15 minute chart. I only trade a level if my main trade reverses

edit, wow 2 charts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,523
  • Jul 10, 2015 12:38pm Jul 10, 2015 12:38pm
Turnip, also I enter the trade and let it run until a 20 ma ( like earlier) or to a level, round No , pivot , I am looking for as many pips as I can as these sell. I honestly think getting 5 is the best though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,524
  • Jul 12, 2015 4:05pm Jul 12, 2015 4:05pm
Quoting RabbitWolf
{quote} That looks a bit like me... {image}
lol I hope not !

Should be a fun week.
  • #2,525
  • Jul 12, 2015 4:16pm Jul 12, 2015 4:16pm
Depth of market on cable figure where this from rabbit.
Attached Image (click to enlarge)
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  • #2,526
  • Jul 12, 2015 4:28pm Jul 12, 2015 4:28pm
A new week. I probably will not be around much next few days as I am trading for my mate (boss) lol.trade well all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,527
  • Edited 11:50am Jul 13, 2015 4:08am | Edited 11:50am
Selling looking for 15 to 20 points down to 00 would like to see further down to dp. Failed to break Friday high at 50 and got a double toppish on 1h. May have got in a bit late.

Edit:gone straight against me oh well blame the greeks

Edit: got there at last
Attached Image (click to enlarge)
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  • #2,528
  • Jul 13, 2015 6:44am Jul 13, 2015 6:44am
I am back lol, Last night was spectacular but not for me.
I traded my 4 hour candle break on cable and was busted mainly due to my pc system crashing,
The girl who actually sets the trades for my (boss) I only set the triggers, she used my pc (private trade) to long e/j after the gap, and yes she gave me deposit and she made a killing.
I haven't traded for him until tomorrow.
I did well on the 04-00 candle break Cable for myself.
lets see what happens on the 12-00 candle cable...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,529
  • Edited 8:00am Jul 13, 2015 7:19am | Edited 8:00am
@Billytt
Wot oi did tewday Billy.
EDIT.....Just realised, on the euro/yen, I missed a previous dbhlc entry on R2 ...c'est la vie
Attached Image(s) (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #2,530
  • Edited 2:04pm Jul 13, 2015 1:35pm | Edited 2:04pm
Quoting claudia1
Selling looking for 15 to 20 points down to 00 would like to see further down to dp. Failed to break Friday high at 50 and got a double toppish on 1h. May have got in a bit late. Edit:gone straight against me oh well blame the greeks Edit: got there at last {image}



Weekly and Monthly Pivots in play on Cable. Will watch if it come to 20 SMA 4 Hour first and if it give reaction. Weekly or Monthly S1 could pop this up.
To me Day chart looks like a bull and 4 hour as bear ...but will see how it closes Did not trade today . I am tired from Cable, may go back to watching USD/CAD. It was my favorite pair and i abandoned it for some time.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroH4.png Size: 49 KB


A bit funny, that this thread has subscribers, but nobody share their charts... Everybody scared of commercial content
Turnip deserves a star here !
  • #2,531
  • Jul 13, 2015 3:11pm Jul 13, 2015 3:11pm
Quoting RabbitWolf
{quote} Weekly and Monthly Pivots in play on Cable. Will watch if it come to 20 SMA 4 Hour first and if it give reaction. Weekly or Monthly S1 could pop this up. To me Day chart looks like a bull and 4 hour as bear ...but will see how it closes Did not trade today . I am tired from Cable, may go back to watching USD/CAD. It was my favorite pair and i abandoned it for some time. {image} A bit funny, that this thread has subscribers, but nobody share their charts... Everybody scared of commercial content Turnip deserves a star...
So true but it is peaceful in commercial - the thread shouldn't really be here as mine shouldn't have but who cares.

Turnip? Neil posts some good stuff although I think he might be back on bunny bands
  • #2,532
  • Jul 13, 2015 3:31pm Jul 13, 2015 3:31pm
I love this thread and watch it every day. The interaction between the 4 of you is fun and I learn along the way. I am not as technical as you guys and my attached chart is very basic but I do trade lines. I trade breakout of 2 hr bars with a TP of 5 pips and along the way if I run into or am close to a support or resistance line (shown on my chart as dotted lines) I will go for more. Here is my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: USD-CAD 2HR CHART.png Size: 38 KB


Note: These lines are active support and resistance lines based on fractals.
  • #2,533
  • Jul 13, 2015 6:23pm Jul 13, 2015 6:23pm
I AM FREE,, New day so lets trade ,ok it is 00-22.
I am not trading for my ex boss lol, he expected too much.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,534
  • Jul 13, 2015 6:30pm Jul 13, 2015 6:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: cable 1307 2000.PNG Size: 43 KB

arrow is the 20-00 4 hour candle Mon, if this candle is broken I shall long it, or if short it if it drops. It doesn't have much range so perhaps it could be dangerous. lets see
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,535
  • Jul 13, 2015 6:39pm Jul 13, 2015 6:39pm
[quote=tomthepoppop;8379853]I love this thread and watch it every day. The interaction between the 4 of you is fun and I learn along the way.
Hello Tomthepoppop and welcome, Nice chart, I cannot help noticing the inside bars lol. I was interested in Fractals many moons ago and they progressed into inside bar trading. We do have some excellent posters here and they know what they are speaking about. You have the right attitude, gain a few pips/percent and let the odd trade run to a level,
As for technicals count me out, (said in a nice way)..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,536
  • Jul 13, 2015 6:40pm Jul 13, 2015 6:40pm
meanwhile, I am now shorting cable as it hit the low of the Mon 20-00 candle.
Attached Image (click to enlarge)
Click to Enlarge Name: cable14.PNG Size: 50 KB

if it drops I shall get out on the 20 ma, that is approx. 20 pips away. I should not be on here right now..
Such a small range with the last candle, I will probably have to counter trade this if it does break the high, lets see
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,537
  • Jul 13, 2015 6:48pm Jul 13, 2015 6:48pm
Yesterday was really good trading the 4 hour candle break, except the first one when I got busted, Like I said my pc crashed so I couldn't trade it good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,538
  • Jul 13, 2015 6:54pm Jul 13, 2015 6:54pm
Quoting claudia1
{quote} So true but it is peaceful in commercial - the thread shouldn't really be here as mine shouldn't have but who cares. Turnip? Neil posts some good stuff although I think he might be back on bunny bands
Claudia, If people want to send me money they are welcome lol. When I trade for my now ex boss using exactly the same method , daily breakout, inside bars, he pays me extremely well .and just like you I am here helping people and chilling out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,539
  • Edited 7:22pm Jul 13, 2015 6:57pm | Edited 7:22pm
The more I see that plate breaking Greek free loading prime minister the more I want to knock him out...
I love your plate breaking sentence Claudia,,,,,
Attached Image

SLAP HIM HARD



edit,,, it is like my wife (the one who hates me) give her a credit card and she maxes it out and doesn't want to repay it, SO guess who does re pay it ?????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,540
  • Jul 14, 2015 1:49am Jul 14, 2015 1:49am
That was hard work, Or more boring than anything else lol, Cable hit the 20 ma and I got out. With hindsight maybe I should of let it run to the 50 mark as pointed out by Claudias a few weeks ago. Tell you the truth I was asleep by then and as I wasn't hitting it very hard left it on automatic
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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