Billytt Die happy trading e/j daily breakout | Page 179 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #3,561
  • Aug 24, 2015 6:59am Aug 24, 2015 6:59am
Cable Daily Break...
Fri low was broken and the also the Fri high. The high was also good, I was just about to counter trade but it went good at 15700, so a good start to the week.
Attached Image


edit, the high was broken then it re traced to 15700 before turning up again.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,562
  • Aug 24, 2015 7:05am Aug 24, 2015 7:05am
[quote=turnip15;8452199]@Claudia1 @Billytt Claudia Pivot strikes again ? Hourly chart pivot then managed on 15 minute chart. Billy 15minute orb on E/J not so good today Billy but would have got ten pips maybe ?

Hi Turnip,, E/J 15 min ORB, you would of got 10 or you could of closed with +1. the break of low was good.
Some people trade both high and low if it happens, Be good. I am away now.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,563
  • Aug 24, 2015 7:11am Aug 24, 2015 7:11am
Quoting billytt
Cable Daily Break... Fri low was broken and the also the Fri high. The high was also good, I was just about to counter trade but it went good at 15700, so a good start to the week. {image} edit, the high was broken then it re traced to 15700 before turning up again.
Hi Mr B, a question if that's ok, refer to (then it re traced to 15700 before turning up again) did you monitor this on H1 and then consider a break of the inside bar before taking the trade north, hope this isn't stupid.
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  • #3,564
  • Aug 24, 2015 7:50am Aug 24, 2015 7:50am
[quote=Piprader;8452450]{quote} Hi Mr B, a question if that's ok, refer to (then it re traced to 15700 before turning up again) did you monitor this on H1 and then consider a break of the inside bar before taking the trade north, hope this isn't stupid.

Hi Piprader. a good question but answer is no.. I trade daily break get 5 then close. (sometimes get more if the market moves fast).
If I counter trade I trade off the 15 minute candle and quite often I just place the counter trade randomly if it looks like heading to a level (on the 15 min chart).
You may see a good candle on the hour but I very rarely look at them.
I trade daily inside bars only.. BUT sometimes when I speak online I might say we have several ibs on hour chart so something will give.
If you try trading every ib on hourly you will fail.
I try to keep trading to a minimum so that way I have less chance of losing. Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,565
  • Aug 24, 2015 8:18am Aug 24, 2015 8:18am
Okay -so I am on holiday from trading until September but -it's raining so I just thought I would peep in again

Why Billy likes five pips or why, maybe, twenty is plenty. Anyway..
Billy mentions Daily Inside bars as opposed to many "iffy" bars on lower time frames. Sometimes trading dailies mean "less is more" profit wise. You decide.
Look at these Inside bars on the E/J (you pick them out) and imagine trading them ? Not bad eh what ?
Then there is the break of the daily bar - good stuff for the patient minded what ?
Sometimes the tortoise wins the race. (Must put that book of phrase and fable aside)
'Kin rain
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every Saint has a past. Every Sinner has a Future
  • #3,566
  • Aug 24, 2015 8:24am Aug 24, 2015 8:24am
Quoting turnip15
Okay -so I am on holiday from trading until September but -it's raining so I just thought I would peep in again Why Billy likes five pips or why, maybe, twenty is plenty. Anyway.. Billy mentions Daily Inside bars as opposed to many "iffy" bars on lower time frames. Sometimes trading dailies mean "less is more" profit wise. You decide. Look at these Inside bars on the E/J (you pick them out) and imagine trading them ? Not bad eh what ? Then there is the break of the daily bar - good stuff for the patient minded what ? Sometimes the tortoise wins...
hi Turnip, same here. I was going out but it is just pouring down all day with no stopping.
As for trading I just try and eliminate risk. I used to look for 20 and I also compounded looking for 100 point moves, But those hair raising days have now gone have a good holiday bud, get jigsaw out ( not the saw )
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,567
  • Aug 24, 2015 8:39am Aug 24, 2015 8:39am
Oh -and to help pass a rainy day.
Let's play, "Spot the trend." ?
Yes Billy -I am going to get the oil paints out and block in a painting for further work at a later date. Otherwise I will be tempted to look in here when I should be doing more recreational things.
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every Saint has a past. Every Sinner has a Future
  • #3,568
  • Aug 24, 2015 9:27am Aug 24, 2015 9:27am
Dax gone mad -three minute chart -look at size of moves for that time frame.

The E/J trade (15 minute) Update - could have produced a nice double bar high/Lower close short but I am on a break from trading remember. If I was trading E/J I am sure I would have got out at first marking on chart -to avoid a retrace from Inside bars/spinning tops.

Right -coffee and biscuit time then back to blocking in my oil painting.

Bonkers out there so take care. (At least IG have guaranteed stops)

Glad I am not trading until September. Still raining here
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every Saint has a past. Every Sinner has a Future
  • #3,569
  • Edited 10:02am Aug 24, 2015 9:52am | Edited 10:02am
Quoting claudia1
@ rabbit - applied same settings to g/u. {image}
Look good , i was busy with E/U a bit, i am beginning to like how it moves, when it trends,
Run same thing on E/U, it has smaller spread. It runs through extremes, like Gold, so maybe is good for breakouts.

E/J spread jumps from 2 to 4, so need to test with bigger spread. 2 is very rear... what i see on my demo... Need to watch if spread changes on brakes.

(Will continue my research a bit later) Good luck !

Now i have 4 Metatraders running on one computer... Ups will have to downsize....or i will crash
  • #3,570
  • Aug 24, 2015 10:05am Aug 24, 2015 10:05am
Quoting RabbitWolf
{quote} Look good , i was busy with E/U a bit, i am beginning to like how it moves, when it trends, Run same thing on E/U, it has smaller spread. It runs through extremes, like Gold, so maybe is good for breakouts. E/J spread jumps from 2 to 4, so need to test with bigger spread. 2 is very rear... what i see on my demo... Need to watch if spread changes on brakes. (Will continue my research a bit later) Good luck ! Now i have 4 Metatraders running on one computer... Ups will have to downsize....or i will crash
Try this g/j same settings.
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  • #3,571
  • Aug 24, 2015 10:09am Aug 24, 2015 10:09am
Quoting billytt
Quoting Piprader
{quote} Hi Mr B, a question if that's ok, refer to (then it re traced to 15700 before turning up again) did you monitor this on H1 and then consider a break of the inside bar before taking the trade north, hope this isn't stupid. Hi Piprader. a good question but answer is no.. I trade daily break get 5 then close. (sometimes get more if the market moves fast). If I counter trade I trade off the 15 minute candle and quite often I just place the counter trade randomly if it looks like heading to a level (on the 15 min chart).
...
Thank you Mr B, will take this on board
  • #3,572
  • Aug 24, 2015 10:12am Aug 24, 2015 10:12am
Quoting claudia1
{quote} Try this g/j same settings. {image}

Claudia is getting very exited.......


Do not forget about G/J spread.....
  • #3,573
  • Aug 24, 2015 10:17am Aug 24, 2015 10:17am
Quoting RabbitWolf
{quote} Claudia is getting very exited....... Do not forget about G/J spread.....
Nah just having fun. Spent the money having this thing built might as well try and get it to pay for itself.
  • #3,574
  • Aug 24, 2015 10:28am Aug 24, 2015 10:28am
Quoting claudia1
{quote} Try this g/j same settings. {image}

Modeling quality: http://mechanicalforex.com/2010/12/m...ss-number.html
  • #3,575
  • Aug 24, 2015 4:54pm Aug 24, 2015 4:54pm
Quoting DavidRP
{quote} Modeling quality: http://mechanicalforex.com/2010/12/m...ss-number.html
David, looks like they do not let me download tick data on demo account (on LCG) So i am still not able to run tests on it...
I am able to do it on other brokers.... Any suggestions ?
  • #3,576
  • Aug 24, 2015 6:02pm Aug 24, 2015 6:02pm
[quote=turnip15;8452894]Oh -and to help pass a rainy day. Let's play, "Spot the trend." ?
Hi Turnip,,,spot the trend, it is going up on the daily
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,577
  • Aug 24, 2015 6:06pm Aug 24, 2015 6:06pm
Tuesday 25th, trade well people.
Cable is about 20 above the dp, I feel a random trade coming on lol based on the candle we /I do not speak of lol, using my friends money. I still have her isa investment lol, I think she has forgotten about it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,578
  • Edited 8:14pm Aug 24, 2015 7:16pm | Edited 8:14pm
E/J big Pivots

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U/J ....LOL did not see this for long time.. and forgot how to trade bearish

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Attached Image

5 min index strength



Trade well !
  • #3,579
  • Aug 25, 2015 2:42am Aug 25, 2015 2:42am
Quoting RabbitWolf
E/J big Pivots {image} U/J ....LOL did not see this for long time.. and forgot how to trade bearish {image} {image} 5 min index strength Trade well !

Hi, so which line was the trigger. You are too smart for me , I do not understand trading be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,580
  • Aug 25, 2015 2:47am Aug 25, 2015 2:47am
Hi all, Nothing happening on Daily break with Cable and E/J but I am sure events will correct..
Both the 15 min ORB on cable and E/J were good IF looking for a modest gains.
I was looking at trigger for cable to drop down to DP but as yet nothing has happened, trade well all..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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