Billytt Die happy trading e/j daily breakout | Page 283 | 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

  • #5,641
  • Nov 6, 2015 2:49am Nov 6, 2015 2:49am
[quote=Piprader;8578212]{quote} Hi Mr B, EJ, a question if that is ok,,,at the Inside Bar Daily Hi I notice that the level is common to a Daily Lo, 2 Daily Close's, and also to be the high of the inside bar,
Attached Image

your chart, I only look back to the actual Mother Bar (A).
Yesterdays inside bar (B) and todays bar (C)
I trade more aggressively so would trade off the actual high/low of the inside bar (B).
It is more normal to trade off the Mother Bar high/low.
Once you enter the trade you can look at past levels resistance/support etc to see where the trade might go. (Infact you should of looked first)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,642
  • Nov 6, 2015 2:58am Nov 6, 2015 2:58am
A/U has retraced I might give it a try ..... catch you later , it might get tricky...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,643
  • Nov 6, 2015 3:00am Nov 6, 2015 3:00am
Quoting billytt
Quoting Piprader
{quote} Hi Mr B, EJ, a question if that is ok,,,at the Inside Bar Daily Hi I notice that the level is common to a Daily Lo, 2 Daily Close's, and also to be the high of the inside bar, {image} your chart, I only look back to the actual Mother Bar (A). Yesterdays inside bar (B) and todays bar (C) I trade more aggressively so would trade off the actual high/low of the inside bar (B). It is more normal to trade off the Mother Bar high/low. Once you enter the trade you can look at past levels resistance/support etc to see where
...
Thanks Mr B, all noted.
  • #5,644
  • Nov 6, 2015 3:09am Nov 6, 2015 3:09am
NFP so I am staying away today. Market might get "whippy" or range for some time. Trying to be more disciplined and look at the economic calendar regularly rather than make silly mistakes as I have done when failing to look at the whole market.
I will be around shouting abuse from the sidelines William
every Saint has a past. Every Sinner has a Future
  • #5,645
  • Nov 6, 2015 3:12am Nov 6, 2015 3:12am
Piprader, don't forget this hesitation might be due to NFP approaching or until something is leaked.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,646
  • Nov 6, 2015 3:20am Nov 6, 2015 3:20am
Quoting billytt
Piprader, don't forget this hesitation might be due to NFP approaching or until something is leaked.
Good point Mr B it makes sense, Morning Mr T
  • #5,647
  • Nov 6, 2015 3:30am Nov 6, 2015 3:30am
Need to pop to the Docs for a booster, catch you later
Attached Image
  • #5,648
  • Nov 6, 2015 6:47am Nov 6, 2015 6:47am
Quoting billytt
Quoting Piprader
{quote} Hi Mr B, EJ, a question if that is ok,,,at the Inside Bar Daily Hi I notice that the level is common to a Daily Lo, 2 Daily Close's, and also to be the high of the inside bar, {image} your chart, I only look back to the actual Mother Bar (A). Yesterdays inside bar (B) and todays bar (C) I trade more aggressively so would trade off the actual high/low of the inside bar (B). It is more normal to trade off the Mother Bar high/low. Once you enter the trade you can look at past levels resistance/support etc to see where
...
Taking this a little Further Mr B, if you take the break of the hi of the inside bar, and price continues North, would you then take a break of the mother bar as a separate trade, or,,, add to the original trade and bring up a stop to lock profit
  • #5,649
  • Nov 6, 2015 7:06am Nov 6, 2015 7:06am
Quoting Piprader
{quote}{quote} Taking this a little Further Mr B, if you take the break of the hi of the inside bar, and price continues North, would you then take a break of the mother bar as a separate trade, or,,, add to the original trade and bring up a stop to lock profit
Hi, I forgot earlier but I went dancing from 10-00 to 11-30, That botched up the A/U trade (any excuse)lol.
Yes indeed Piprader, if you trade off the ib then when it gets to Mother Bar entry let it carry on for extra points....
You must keep stats as it doesn't always work out,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,650
  • Nov 6, 2015 7:12am Nov 6, 2015 7:12am
You can always trade off a 4 hour inside bar and use the daily Mother Bar as a point to aim for High/Low
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,651
  • Nov 6, 2015 7:17am Nov 6, 2015 7:17am
Quoting billytt
{quote} Hi, I forgot earlier but I went dancing from 10-00 to 11-30, That botched up the A/U trade (any excuse)lol. Yes indeed Piprader, if you trade off the ib then when it gets to Mother Bar entry let it carry on for extra points.... You must keep stats as it doesn't always work out,
Thanks Mr B, and yes compiling stats is a must before taking trades as you have advised many times, :nerd:.
I happened to be in the bar last night, I'm sure it was you, so took a pic..
Attached Image (click to enlarge)
Click to Enlarge Name: 026-ginger-rogers-and-fred-astaire-theredlist.jpg Size: 211 KB
  • #5,652
  • Nov 6, 2015 7:25am Nov 6, 2015 7:25am
ooooooooooo nearly time, can you see any indication which way the main drive will be...... I speak of Cable..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,653
  • Nov 6, 2015 7:27am Nov 6, 2015 7:27am
Quoting Piprader
{quote} Thanks Mr B, and yes compiling stats is a must before taking trades as you have advised many times, :nerd:. I happened to be in the bar last night, I'm sure it was you, so took a pic.. {image}
lol, I cannot remember wearing a dress
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,654
  • Nov 6, 2015 7:32am Nov 6, 2015 7:32am
Quoting billytt
{quote} lol, I cannot remember wearing a dress
  • #5,655
  • Edited 8:54am Nov 6, 2015 7:37am | Edited 8:54am
Quoting billytt
ooooooooooo nearly time, can you see any indication which way the main drive will be...... I speak of Cable..
I've Not been watching cable, decided to play Eur Jpy buy Brake Inside bar Hi and sell break of Daily Pivot took 30 pips .
  • #5,656
  • Nov 6, 2015 9:52am Nov 6, 2015 9:52am
Quoting Piprader
{quote}
yes he did it's in the thread somewhere
  • #5,657
  • Nov 6, 2015 9:55am Nov 6, 2015 9:55am
Quoting claudia1
{quote} Same weather up here. E/j trade going ok might hold see if it hits previous low. Good day Mr T.
Yes got it not a normal way of trading for me but it worked.
  • #5,658
  • Nov 6, 2015 10:15am Nov 6, 2015 10:15am
The E/J finally broke its' consolidation/Drifting as traders made their move. Broke the low of the consolidation and broke the pivot.
Wait and see mode now ?
Attached Image (click to enlarge)
Click to Enlarge Name: FRIEJ15.jpg Size: 275 KB
every Saint has a past. Every Sinner has a Future
  • #5,659
  • Nov 6, 2015 10:20am Nov 6, 2015 10:20am
OIL eventually moved short/break out.
Enjoy your week end folks.
Attached Image (click to enlarge)
Click to Enlarge Name: OILFRI.jpg Size: 280 KB
every Saint has a past. Every Sinner has a Future
  • #5,660
  • Nov 6, 2015 10:40am Nov 6, 2015 10:40am
Quoting turnip15
The E/J finally broke its' consolidation/Drifting as traders made their move. Broke the low of the consolidation and broke the pivot. Wait and see mode now ? {image}
Forgot to add Yesterdays' HIGH
And break of DoubleTop/LowerClose formation for a possible short
Attached Image (click to enlarge)
Click to Enlarge Name: FriEJUpdate.jpg Size: 286 KB
every Saint has a past. Every Sinner has a Future
60 traders viewing now