Billytt Die happy trading e/j daily breakout | Page 300 | 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

  • #5,981
  • Jan 10, 2016 7:15pm Jan 10, 2016 7:15pm
Quoting BlazeLegion
Thanks Bill and apologies for the atrocious spelling in my last reply - blame it partly on this unearthly hour! Regarding e/j I cannot see any real breakout at the moment or am I missing something? Regards BL
Looking again,,, E/J is close to breaking as this pair moves fast, Normally we are looking around 02-00 UK time. Traders stay awake all night if we have to lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,982
  • Jan 10, 2016 7:18pm Jan 10, 2016 7:18pm
E/J spikes as I typed last post and the high was triggered, lets see what happens.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,983
  • Jan 10, 2016 7:45pm Jan 10, 2016 7:45pm
Thanks for the update Bill much appreciated.

BL
  • #5,984
  • Jan 10, 2016 9:26pm Jan 10, 2016 9:26pm
Quoting billytt
{quote} Looking again,,, E/J is close to breaking as this pair moves fast, Normally we are looking around 02-00 UK time. Traders stay awake all night if we have to lol.
Unfortunately this is true.

e/j going nowhere bounced off dp. g/u going nowhere despite a strange opening - expect more down. a/u looks best option on the 4h.
  • #5,985
  • Jan 11, 2016 2:08am Jan 11, 2016 2:08am
Quoting claudia1
{quote} Unfortunately this is true. e/j going nowhere bounced off dp. g/u going nowhere despite a strange opening - expect more down. a/u looks best option on the 4h.
yes indeed, I am long A/U so catch you later.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,986
  • Jan 11, 2016 2:58am Jan 11, 2016 2:58am
A/U Long closed I managed 5 and 12 points off 2 trades.. I honestly do not feel good with it going up but trade the plan...
I do have the 04-00 4 hour candle short as trigger.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,987
  • Edited 3:45am Jan 11, 2016 3:23am | Edited 3:45am
Quoting billytt
A/U Long closed I managed 5 and 12 points off 2 trades.. I honestly do not feel good with it going up but trade the plan... I do have the 04-00 4 hour candle short as trigger.
Great trading Mr B, your discipline and confidence wins the day, I did consider the 4h break but went approaching the 00 and daily pivot, the is down to not having confidence when correcting a bad trade, I need to get this sorted out I have tried martingale type things but oooooh increasing losses AND VERY SCARY AT TIMES, mean while back to the drawing board and stats, I'l get it, sure I will, surely,,,erm,, sure,,,, talking to myself again. Have a great day all.
  • #5,988
  • Jan 11, 2016 4:01am Jan 11, 2016 4:01am
Quoting Piprader
{quote} Great trading Mr B, your discipline and confidence wins the day, I did consider the 4h break but went approaching the 00 and daily pivot, the is down to not having confidence when correcting a bad trade, I need to get this sorted out I have tried martingale type things but oooooh increasing losses AND VERY SCARY AT TIMES, mean while back to the drawing board and stats, I'l get it, sure I will, surely,,,erm,, sure,,,, talking to myself again. Have a great day all.
Hi, Correcting bad trades is not for the screamish. I hate the word Martingale. Most gamblers think they have discovered the holy grail when they realise they can double up to a win. It matters not if it is horse racing, dogs etc .MARTINGALE FAILS... but adding lots to trading and counter trading is a different matter I guess it is a form of M but correcting is like a machine. Take Care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,989
  • Jan 11, 2016 4:03am Jan 11, 2016 4:03am
I had a short trigger on A/U 04-00 4 hour candle but that is now closed. This 4 hour candle has a big range. I will see how the 12-00 noon candle goes..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,990
  • Jan 11, 2016 4:20am Jan 11, 2016 4:20am
Quoting billytt
{quote} Hi, Correcting bad trades is not for the screamish. I hate the word Martingale. Most gamblers think they have discovered the holy grail when they realise they can double up to a win. It matters not if it is horse racing, dogs etc .MARTINGALE FAILS... but adding lots to trading and counter trading is a different matter I guess it is a form of M but correcting is like a machine. Take Care
Thank you for your input Mr B, much appreciated, also your thoughts on AU current 4h candle
  • #5,991
  • Jan 11, 2016 8:00am Jan 11, 2016 8:00am
A Billy 15
and E/J Four Hour
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ4HMon.jpg Size: 353 KB
Click to Enlarge Name: EJ15MinsMON.jpg Size: 313 KB
every Saint has a past. Every Sinner has a Future
  • #5,992
  • Jan 11, 2016 8:28am Jan 11, 2016 8:28am
And Brent
Partly annotated
Attached Image (click to enlarge)
Click to Enlarge Name: Brent11012016.jpg Size: 326 KB
every Saint has a past. Every Sinner has a Future
  • #5,993
  • Jan 11, 2016 8:32am Jan 11, 2016 8:32am
Quoting turnip15
A Billy 15 and E/J Four Hour {image} {image}
Hello Mr T, good charting E/J was good today. I traded only A/U today and maybe look at the 12-00 4 hour candle later if I am back from the builders/plasterer.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,994
  • Jan 11, 2016 8:35am Jan 11, 2016 8:35am
E/J Daily Break,,, The high broke and then retraced approx. 20 but it was good for the 10+ before spread.
This could of been scary to the weak hearted but it shows it is not as easy as the STATS show. Like MrT posted the 04-00 4 hour candle was good and the 15 minute open range breakout ORB.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,995
  • Jan 11, 2016 8:45am Jan 11, 2016 8:45am
Lastly dax research 3 minute time frames -comments welcome from experienced Dax traders
Attached Image (click to enlarge)
Click to Enlarge Name: DaxJan11.jpg Size: 340 KB
every Saint has a past. Every Sinner has a Future
  • #5,996
  • Jan 11, 2016 8:47am Jan 11, 2016 8:47am
Quoting billytt
{quote} Hello Mr T, good charting E/J was good today. I traded only A/U today and maybe look at the 12-00 4 hour candle later if I am back from the builders/plasterer.
Thanks Billy -I am off to do more research (marking up old charts). Funny - the more I research the fewer triggers I end up with. But you probably know that :-)
every Saint has a past. Every Sinner has a Future
  • #5,997
  • Jan 11, 2016 9:07am Jan 11, 2016 9:07am
@Billytt
AU four hour ?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDMon.jpg Size: 322 KB
every Saint has a past. Every Sinner has a Future
  • #5,998
  • Jan 11, 2016 9:12am Jan 11, 2016 9:12am
Was expecting this to go down and test 4500 but ... anyway text book stuff clean break of dp up to 00 then back to dp (50 area).
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 31 KB
  • #5,999
  • Jan 11, 2016 9:18am Jan 11, 2016 9:18am
Was going to log out and research Dow but couldn't resist posting the sort of things I look at whilst testing the Dow -levels and TA etc -any other ideas welcome
Attached Image (click to enlarge)
Click to Enlarge Name: DowMon.jpg Size: 312 KB
every Saint has a past. Every Sinner has a Future
  • #6,000
  • Jan 11, 2016 9:23am Jan 11, 2016 9:23am
Quoting claudia1
Was expecting this to go down and test 4500 but ... anyway text book stuff clean break of dp up to 00 then back to dp (50 area). {image}
@Claudia1

Liked the "Pin" (Third bar to right of large green bar) bounce off DPV and hitting DR1
Great chart as usual Claudia
every Saint has a past. Every Sinner has a Future
70 traders viewing now