DislikedHi claudia. It was an odd day yesterdy and lots of trading methods/myths blown away. I wont be on here much today. Soooo take care and if you trade. Trade wellIgnored
Billytt Die happy trading e/j daily breakout
- #2,602
- Jul 15, 2015 3:31am Jul 15, 2015 3:31am
- Joined Apr 2013 | Status: Trader | 10,297 Posts
{quote} There's 20 in there somewhere for me just finding them. Will put orders in both ways above/below price at around 9.25 should get something.
- #2,603
- Jul 15, 2015 3:45am Jul 15, 2015 3:45am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #2,605
- Jul 15, 2015 4:05am Jul 15, 2015 4:05am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #2,608
- Edited 9:25am Jul 15, 2015 9:18am | Edited 9:25am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
Trades for today. I no longer comment on other instruments not traded on my watch list since it seems a lot of ink for no useful purpose, and I am not sure what use it is in repeating my trading approach time after time. Plus, of course, I am cluttering up Billies thread with my ego 
It would be nice if some of the lurkers posted now and again but maybe they are shy, inexperienced or think that what is posted here is bull doodoo
Today was good albeit tiring on oil. Having said that oil is great for my approach IF it is not consolidating or spiking. Billy 15 Minute continues to work well as does Claudias hourly Cable- albeit not a pivot trade everyday (good for trader discipline -waiting for a set up.)
I caution any new reader looking at Billies thread for the first time that I am not new to trading (but new to trading after demo trading for a long time -I still demo in experimental mode at times but not here). So if I seem to do okay, periodically, it is because I have spent a couple of years, at least, reading James16, Ryanmcd,Jankone,Claudia and latterly William (Billy)
When you first trade for real it is nerve wracking despite earlier periods of demo trading; you have to fight new personal demons such as not following stops, inaction, and cutting winners short and letting losers run etc.
I don't win every time (I even show a few losers) but I can say that after so much reading, practice and real trading, this thread has helped to round off the edges for me by the encouragement of others (you know who both of you are -plus one who doesn't post here lately). The odd tip, friendly constructive criticism and comment that is food for thought is also welcomed in the spirit in which it is intended.
CORRECTION - EURO/YEN = Support to the LEFT (Not to the Right as stated on chart)
Scores on the doors for today:
It would be nice if some of the lurkers posted now and again but maybe they are shy, inexperienced or think that what is posted here is bull doodoo
Today was good albeit tiring on oil. Having said that oil is great for my approach IF it is not consolidating or spiking. Billy 15 Minute continues to work well as does Claudias hourly Cable- albeit not a pivot trade everyday (good for trader discipline -waiting for a set up.)
I caution any new reader looking at Billies thread for the first time that I am not new to trading (but new to trading after demo trading for a long time -I still demo in experimental mode at times but not here). So if I seem to do okay, periodically, it is because I have spent a couple of years, at least, reading James16, Ryanmcd,Jankone,Claudia and latterly William (Billy)
When you first trade for real it is nerve wracking despite earlier periods of demo trading; you have to fight new personal demons such as not following stops, inaction, and cutting winners short and letting losers run etc.
I don't win every time (I even show a few losers) but I can say that after so much reading, practice and real trading, this thread has helped to round off the edges for me by the encouragement of others (you know who both of you are -plus one who doesn't post here lately). The odd tip, friendly constructive criticism and comment that is food for thought is also welcomed in the spirit in which it is intended.
CORRECTION - EURO/YEN = Support to the LEFT (Not to the Right as stated on chart)
Scores on the doors for today:
every Saint has a past. Every Sinner has a Future
- #2,609
- Edited 12:56pm Jul 15, 2015 12:38pm | Edited 12:56pm
- Joined Apr 2013 | Status: Trader | 10,297 Posts
@turnip - great post a lot of good points in there I'm sure William will agree !
Hey thanks for the kind words. We all continue to learn there is no end that's for sure. I've said it before and it's interesting to see how individuals charts have changed. William trading cable off shorter time frames ??? lol.
My plan a couple of years ago was to go fully automated but after talking with David I finally agreed/realised this would never happen. So I went back to basics spend an awful lot of time in front of screens but .... here we are. See what the charts look like in six months but I know one thing RW will still still have those bands on
Hey thanks for the kind words. We all continue to learn there is no end that's for sure. I've said it before and it's interesting to see how individuals charts have changed. William trading cable off shorter time frames ??? lol.
My plan a couple of years ago was to go fully automated but after talking with David I finally agreed/realised this would never happen. So I went back to basics spend an awful lot of time in front of screens but .... here we are. See what the charts look like in six months but I know one thing RW will still still have those bands on
- #2,612
- Jul 15, 2015 4:34pm Jul 15, 2015 4:34pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #2,613
- Jul 15, 2015 4:40pm Jul 15, 2015 4:40pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
Turnip, you asked about this pin.
How many people saw that pin and shorted it? I thought it was going down (NEVER THINK).
I longed it , WHY? Because the high was broken and I stuck to the plan.
How many people saw that pin and shorted it? I thought it was going down (NEVER THINK).
I longed it , WHY? Because the high was broken and I stuck to the plan.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #2,614
- Jul 15, 2015 4:50pm Jul 15, 2015 4:50pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #2,615
- Jul 15, 2015 4:58pm Jul 15, 2015 4:58pm
- | Commercial User | Joined Mar 2012 | 1,455 Posts
See what the charts look like in six months but I know one thing RW will still still have those bands on
it will be bands or channels...........I have several charts, but my statistics - best scalp trades come from center and top and bottom of the 4 hour and day bands. But entry made on 5 min chart, other trades - 3 drives, rejection from pivots, Fib extensions and Moving averages. And at big volatility for me 1 min chart is good thing. No patience for longer trades. I am not born to trade brake outs
, learning from you all .... but i can handle brake inns ... - #2,616
- Jul 15, 2015 5:00pm Jul 15, 2015 5:00pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
so far up to the present 20-00 candle.
1=12-00..
2 = 20-00..
3 =04-00 the high failed but low good...
4 = 12-00..
and finally 5 = 20-00 candle still in progress
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #2,617
- Jul 15, 2015 5:03pm Jul 15, 2015 5:03pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
[quote=RabbitWolf;8384110]{quote} Hey dear, it will be bands or channels...........I have several charts, but my statistics - best scalp trades come from center and top and bottom of the 4 hour and day bands. But entry made on 5 min chart, other trades - 3 drives,
Hi Bunny, hope you are ok... EXCELLENT REPLY, do what you are good at. I can scalp but I do not like doing it lol , (ok scalp a bit)
it will be bands or channels...........I have several charts, but my statistics - best scalp trades come from center and top and bottom of the 4 hour and day bands. But entry made on 5 min chart, other trades - 3 drives,Hi Bunny, hope you are ok... EXCELLENT REPLY, do what you are good at. I can scalp but I do not like doing it lol , (ok scalp a bit)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #2,618
- Jul 15, 2015 5:04pm Jul 15, 2015 5:04pm
- Joined Apr 2013 | Status: Trader | 10,297 Posts
{quote} Hey dear,
you got thousands.I got no patience for long term in fx anyway. Take a short on GS they will get sued to the ground.
- #2,619
- Jul 15, 2015 5:05pm Jul 15, 2015 5:05pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.