Billytt Die happy trading e/j daily breakout | Page 224 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #4,461
  • Sep 18, 2015 3:11am Sep 18, 2015 3:11am
E/J is the same, 15 min ORB, low failed but high broke for good %%%%%

edit,,, secret candle broke low for 10 minus spread and now high is close to breaking, lets see
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,462
  • Sep 18, 2015 3:20am Sep 18, 2015 3:20am
No matter how much I speak about this happening/that happening. No trigger NO TRADE, Do not look for other entries. Keep to your plan and this will keep your stats correct..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,463
  • Sep 18, 2015 3:25am Sep 18, 2015 3:25am
Quoting billytt
{quote} Hi Pipradar and goodmorning,,, some things just happen, ok the news will always be dodgy but we have to either keep out of trades when this happens or have a second plan lol UNLESS it goes the right way
Top t Mornin Mr B, back up plan or second plan is still a work in progress for me , I tried some things yesterday and ended up all over the place , still you gotta find the way and I just need to find it L.O.L mind you sometimes can't find my way home so if thats anything to go by then ahhhh, mind you that could be down to the cider, mmm back to study
  • #4,464
  • Sep 18, 2015 3:35am Sep 18, 2015 3:35am
Cable,,, secret candle gained a few points 12 minus spread so far,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,465
  • Sep 18, 2015 4:17am Sep 18, 2015 4:17am
Cable,,,Daily High ,high broken for %%%%, What can I say, just trade the plan....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,466
  • Sep 18, 2015 5:55am Sep 18, 2015 5:55am
@Billytt
Scores on the doors.
Excellent price action on E/J orb Billy.
"A" = 8am orb- broke short and stopped out = loser.

"B" = Pin Bar off S1 (Notice 8am orb is a spinning top-indecision-Pin Bar gives me confidence for a long) = Long = profit

"C" = top of Long bar not far below pivot

"D" = Spinning top/Inside bar the break of which = short trade = profit
Below S1 now so watching carefully to take profit.
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #4,467
  • Sep 18, 2015 6:11am Sep 18, 2015 6:11am
Brent Oil
Good today. Starts with a divergence trade:
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #4,468
  • Sep 18, 2015 6:23am Sep 18, 2015 6:23am
Quoting billytt
Cable,, 15 min ORB .. the low failed but high broke for %%%% nice spike lol.. The secret candle high was broken and is still going.. It is due for a fail but I still prefer a drop...
@Billytt

Not traded by me Billy but I thought I would put up a chart of what I saw. Does it gel with your comments ?
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #4,469
  • Sep 18, 2015 6:34am Sep 18, 2015 6:34am
@Claudia1
@Billytt

Not traded by me but is this how either of you would see a possible trade on Hourly Cable Pivot ?
(Bear in mind I would not have looked at the chart until 8 am - but I did note the persistence of price ABOVE the pivot for the last few hours prior to 8 am -an easily obtained twenty points Claudia ? )
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #4,470
  • Sep 18, 2015 6:50am Sep 18, 2015 6:50am
Before I go for the weekend.
Just a couple of notes on the DAX which I trade sometimes ( but not today and not very often when I do). Interesting price action bouncing off the 20 moving average with confirming TA price action such as Harami's and outside bars, dbhlc, pivots etc. etc. AND trading with the trend in this case.
Notice trading was a bit tricky, unless you were decisive and quick, before 9.30am as price wandered back to 20 ma.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.jpg Size: 340 KB
every Saint has a past. Every Sinner has a Future
  • #4,471
  • Sep 18, 2015 3:22pm Sep 18, 2015 3:22pm
Hi Bill, with the ORB. is that 0800 - 0815 local uk time at the mo (im in liverpool) ?
  • #4,472
  • Sep 18, 2015 4:02pm Sep 18, 2015 4:02pm
Quoting jmillard26
Hi Bill, with the ORB. is that 0800 - 0815 local uk time at the mo (im in liverpool) ?
Yep that's what he means on G/U.

Coming up to London open quite a lot of orders get placed. By 8.15 ish a lot have been filled and there are clues where to go next.
  • #4,473
  • Sep 18, 2015 4:09pm Sep 18, 2015 4:09pm
Quoting turnip15
@Claudia1 @Billytt Not traded by me but is this how either of you would see a possible trade on Hourly Cable Pivot ? (Bear in mind I would not have looked at the chart until 8 am - but I did note the persistence of price ABOVE the pivot for the last few hours prior to 8 am -an easily obtained twenty points Claudia ? ) {image}
Again I traded today off the 15 min and got around 2 x 10.

Missed this afternoon when it pulled back off the high to the pivot - profit takers surely.
Attached Image (click to enlarge)
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  • #4,474
  • Sep 18, 2015 4:31pm Sep 18, 2015 4:31pm
Hi all, I have been a bit busy and I shall comment on your posts later....But Cable was a pure babe again we had the 04-00 and 12-00 secret candles giving away points and of course Daily Break. What more can I say blah blah. ​
oops, plus the ORB which I did not trade, be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,475
  • Sep 18, 2015 4:31pm Sep 18, 2015 4:31pm
Quoting claudia1
{quote} Yep that's what he means on G/U. Coming up to London open quite a lot of orders get placed. By 8.15 ish a lot have been filled and there are clues where to go next.
ok thanks. So what about other pairs like Eur/jpy, would the same time still apply?
  • #4,476
  • Sep 18, 2015 4:32pm Sep 18, 2015 4:32pm
Quoting jmillard26
Hi Bill, with the ORB. is that 0800 - 0815 local uk time at the mo (im in liverpool) ?
yes indeed and hello, I personally found 15 min ORB best but the hour can also be traded, I am originally from Liverpool.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,477
  • Sep 18, 2015 4:34pm Sep 18, 2015 4:34pm
Quoting jmillard26
{quote} ok thanks. So what about other pairs like Eur/jpy, would the same time still apply?
I'll let Billy answer that one I stick mainly on cable e/j is his thing (or was).
  • #4,478
  • Sep 18, 2015 4:39pm Sep 18, 2015 4:39pm
[quote=turnip15;8496447]@Billytt Scores on the doors. Excellent price action on E/J orb Billy. "A" = 8am orb- broke short and stopped out = loser. "B" = Pin Bar off S1 (

I think D was the safe bet inside bar as you stated. I think the 2 pins are suspect over time, meaning I am not sure about the stats,, (being constructive)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,479
  • Sep 18, 2015 4:43pm Sep 18, 2015 4:43pm
Quoting jmillard26
{quote} ok thanks. So what about other pairs like Eur/jpy, would the same time still apply?
yes indeed ,E/J is good on ORB too.
I normally only trade E/j but due to my daughters account it has a high minimum stop so I play with Cable.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,480
  • Sep 18, 2015 4:47pm Sep 18, 2015 4:47pm
[quote=claudia1;8497502]{quote} I'll let Billy answer that one I stick mainly on cable e/j is his thing (or was)

OR WAS lol..... I normally only trade E/J but using my daughters account she has to use a very high minimum points away so I leave it.... I can use smaller lots on her account that is why I use it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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