Billytt Die happy trading e/j daily breakout | Page 303 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #6,041
  • Jan 12, 2016 3:25am Jan 12, 2016 3:25am
Brent -Yesterdays levels, Pivots and Pins ( reminds me of a song -needles and pins) direction of ma) etc
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every Saint has a past. Every Sinner has a Future
  • #6,042
  • Jan 12, 2016 3:35am Jan 12, 2016 3:35am
Quoting claudia1
{quote} Carney isn't too much to worry about he'll just go on about interest rates. Now the Fed have moved he has to follow. USA owns UK and China owns USA.
,
Very apt quote.
The more I read about the markets (House of cards and Liars Poker etc) the more I see a wall of funny money teetering around the globe, like musical chairs - debt is packaged into wonderful new instruments and the music goes on. Hate to think what happens when the music stops. Then there are silly house prices in London and other "hot spots." Workers (Plumbers, carpenters and other skilled persons) can't afford to live near their work place. I remember the bank needing three times your earnings to enable one to get a mortgage - in the days when the gap between earnings and house prices was much lower. Glad I am not starting out again.
every Saint has a past. Every Sinner has a Future
  • #6,043
  • Jan 12, 2016 7:29am Jan 12, 2016 7:29am
Quick visit, A/U the 04-00 low break was a fail but as I was telling Pipradar the next trade opportunity was the high break and with a counter it was good. That is straight forward to me but at times it can get messy but hey ho. We are now on the 12-00 4 hour candle. If I am back in time I will trade it. Take care.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,044
  • Jan 12, 2016 7:51am Jan 12, 2016 7:51am
Quoting billytt
Quick visit, A/U the 04-00 low break was a fail but as I was telling Pipradar the next trade opportunity was the high break and with a counter it was good. That is straight forward to me but at times it can get messy but hey ho. We are now on the 12-00 4 hour candle. If I am back in time I will trade it. Take care.
billytt,

How many losses have u ever had in a row at max?

thanks
  • #6,045
  • Jan 12, 2016 12:47pm Jan 12, 2016 12:47pm
IB on daily E/J today? how would you guys play this? in fact, how do you play IB generally, blogs etc tell me there is a reaction coming but seems unpredictable?

Billy - if you are trading daily break at 12 midnight to 12 midnight do you not miss the break sometimes? Could happen 4am for example. if you set an entry, where does your stop loss go.

thanks the help guys.
  • #6,046
  • Jan 12, 2016 4:06pm Jan 12, 2016 4:06pm
Quoting jmillard26
IB on daily E/J today? how would you guys play this? in fact, how do you play IB generally, blogs etc tell me there is a reaction coming but seems unpredictable? Billy - if you are trading daily break at 12 midnight to 12 midnight do you not miss the break sometimes? Could happen 4am for example. if you set an entry, where does your stop loss go. thanks the help guys.
Hi Jmillard, I have missed the break in the past but sometimes I have just left it if I had a feeling lol. The big secret is ALARM SIGNAL, you can set alarm with broker to message you if the area of break is approaching...
I did not like to set a trigger and leave it ..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,047
  • Jan 12, 2016 4:09pm Jan 12, 2016 4:09pm
Quoting DavidRP
{quote} billytt, How many losses have u ever had in a row at max? thanks
Hello Davidrp, longest losing streak is 3 but most of my losing trades are corrected so they do not actually lose. I have had losses where I just let them lose as I had emergency and maybe had to go out but then following trades would recoup it back.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,048
  • Edited Jan 13, 2016 12:07am Jan 12, 2016 11:42pm | Edited Jan 13, 2016 12:07am
Billy would you classify this as an inside bar forming. I see more down on this one.

Edit: currently at 29 with S1 at 07 just above a big round number. Move of 38 overnight lots more to go. Tempting.

Edit 2: took + 9 and out moved quite quickly.
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  • #6,049
  • Jan 13, 2016 12:07am Jan 13, 2016 12:07am
Now need 11 out of cable. Nice break of the dp on the 60 min. Wait until 8.15ish let opening orders clear out and see where we go. Looking more down.

Sell signal for me was at 44/45 off the 15 - missed it having a funny week.
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  • #6,050
  • Jan 13, 2016 1:27am Jan 13, 2016 1:27am
Cannot seem to get my head in gear today. Put up charts for oil, Dax and E/J then managed to wander out of the room a few times for various tasks and find I missed a couple of trades on Dax 3 minutes. E/J 15 minute is ranging with no TA I can use. However, I will be good and NOT chase trades. Funny day though. If it continues I shall shut down and look at Dow later
every Saint has a past. Every Sinner has a Future
  • #6,051
  • Jan 13, 2016 2:40am Jan 13, 2016 2:40am
Quoting turnip15
Cannot seem to get my head in gear today. Put up charts for oil, Dax and E/J then managed to wander out of the room a few times for various tasks and find I missed a couple of trades on Dax 3 minutes. E/J 15 minute is ranging with no TA I can use. However, I will be good and NOT chase trades. Funny day though. If it continues I shall shut down and look at Dow later
It is a funny day. Big move yesterday of course usually followed by a quiet one. I'm just playing cable on 15 min with orders either side and take what comes next sell order at 17 looking for you know what.

Including e/u trade earlier up 16 for the day so far but hard work. Where is William?
  • #6,052
  • Jan 13, 2016 3:24am Jan 13, 2016 3:24am
Quoting claudia1
Billy would you classify this as an inside bar forming. I see more down on this one. Edit: currently at 29 with S1 at 07 just above a big round number. Move of 38 overnight lots more to go. Tempting. Edit 2: took + 9 and out moved quite quickly. {image}
Hi Claudia, I popped in earlier but was being messed around with A/U long 04-00 candle... E/U was an ib and I would expect it to drop just solely on break of ib. It is also near midway on RSI so it could go either way for several...
I look at RSI as a marker not as a trigger and only midway not high or low.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,053
  • Jan 13, 2016 3:27am Jan 13, 2016 3:27am
Quoting billytt
{quote} Hi Claudia, I popped in earlier but was being messed around with A/U long 04-00 candle... E/U was an ib and I would expect it to drop just solely on break of ib. It is also near midway on RSI so it could go either way for several... I look at RSI as a marker not as a trigger and only midway not high or low.
Hi -e/u was interesting as it did hit s1 to the point. As Mr T says it's a funny day.
  • #6,054
  • Jan 13, 2016 3:36am Jan 13, 2016 3:36am
Quoting claudia1
{quote} It is a funny day. Big move yesterday of course usually followed by a quiet one. I'm just playing cable on 15 min with orders either side and take what comes next sell order at 17 looking for you know what. Including e/u trade earlier up 16 for the day so far but hard work. Where is William?

William is here, but focused on A/U lol, I will up date stats later once this trade is fixed.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,055
  • Jan 13, 2016 3:42am Jan 13, 2016 3:42am
Quoting claudia1
{quote} It is a funny day. Big move yesterday of course usually followed by a quiet one. I'm just playing cable on 15 min with orders either side and take what comes next sell order at 17 looking for you know what. Including e/u trade earlier up 16 for the day so far but hard work. Where is William?
Got it quick in/out +21 for day finished.
  • #6,056
  • Jan 13, 2016 3:46am Jan 13, 2016 3:46am
Quoting claudia1
{quote} Got it quick in/out +21 for day finished.
My friend was just watching Cable when it dropped, it dropped through the box as you say Claudia plus it broke the up trend on 15 minute. My trades this year are 6 from 6 excluding this one.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,057
  • Jan 13, 2016 3:48am Jan 13, 2016 3:48am
Quoting billytt
{quote} My friend was just watching Cable when it dropped, it dropped through the box as you say Claudia plus it broke the up trend on 15 minute. My trades this year are 6 from 6 excluding this one.
Didn't spot the trend break just playing by numbers. Great results.
  • #6,058
  • Jan 13, 2016 3:54am Jan 13, 2016 3:54am
Quoting claudia1
{quote} Didn't spot the trend break just playing by numbers. Great results.
My entries/exits are real bad at the moment. Should have shorted at 44 around Frankfurt open (posted above somewhere) and held it down to the round number. How many times do I say round number how many times lol. Wine bar for me lunch and vino on target for week just so mustn't complain.
  • #6,059
  • Jan 13, 2016 6:48am Jan 13, 2016 6:48am
Quoting claudia1
{quote} My entries/exits are real bad at the moment. Should have shorted at 44 around Frankfurt open (posted above somewhere) and held it down to the round number. How many times do I say round number how many times lol. Wine bar for me lunch and vino on target for week just so mustn't complain.
I know the feeling. sometimes with a second trade I might let it run to a level. But I am just happy with 5 lol. and on a good day 6 yay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,060
  • Jan 13, 2016 6:48am Jan 13, 2016 6:48am
Hi all hope your day is good, just looking in
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