Billytt Die happy trading e/j daily breakout | Page 337 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #6,721
  • Feb 4, 2016 2:04am Feb 4, 2016 2:04am
A great start this morning took 7pips after spread ON the Mr B 4am AUD Northern Express break . Lot of News today GBP AND USD Later.
  • #6,722
  • Feb 4, 2016 2:58am Feb 4, 2016 2:58am
Quoting Piprader
{quote} I think you got Rumbled Hope you don't have Man Flue seems to be going round at the moment. {image}
Hi Pip, I was feeling very tired which is very unusual so I stayed in and chilled out... Last night I did catch a few pips but it was nothing spectacular lol mainly based on luck . I haven't had Pc on yet nut no doubt I shall.

edit,,, Last night wasn't actually luck lol. I saw 2 breaks of the 15 and 2 minute charts and after a big candle it was straight forward. It doesn't happen often, I will add chart later
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,723
  • Feb 4, 2016 3:02am Feb 4, 2016 3:02am
Quoting Piprader
A great start this morning took 7pips after spread ON the Mr B 4am AUD Northern Express break . Lot of News today GBP AND USD Later.
#

Nice one. I shall take a look later..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,724
  • Feb 4, 2016 3:45am Feb 4, 2016 3:45am
Quoting billytt
{quote} Hi Pip, I was feeling very tired which is very unusual so I stayed in and chilled out... Last night I did catch a few pips but it was nothing spectacular lol mainly based on luck . I haven't had Pc on yet nut no doubt I shall. edit,,, Last night wasn't actually luck lol. I saw 2 breaks of the 15 and 2 minute charts and after a big candle it was straight forward. It doesn't happen often, I will add chart later
Always interested in your charts Mr B look forward to it, hope your feeling better.
  • #6,725
  • Feb 4, 2016 3:58am Feb 4, 2016 3:58am
Quoting Piprader
A great start this morning took 7pips after spread ON the Mr B 4am AUD Northern Express break . Lot of News today GBP AND USD Later.
Here is a pic The 4am was inside bar sooo waited for the break, I am convinced that Mr B would have made a meal of this one with extra chips and side salad L.O.L. THERE is a break of the 24:00 shhh candle also. I am happy though, but what if I shoulda coulda woulda held on then , .
Attached Image (click to enlarge)
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  • #6,726
  • Feb 4, 2016 4:18am Feb 4, 2016 4:18am
Quoting Piprader
{quote} Always interested in your charts Mr B look forward to it, hope your feeling better.
yesterday we had a good move north and the idiot part of my brain said duh it must drop back.. (it did for a few pips) It did have clues but really this is stupid trading.
Attached Image (click to enlarge)
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Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,727
  • Feb 4, 2016 4:24am Feb 4, 2016 4:24am
Quoting Piprader
{quote} Here is a pic The 4am was inside bar sooo waited for the break, I am convinced that Mr B would have made a meal of this one with extra chips and side salad L.O.L. THERE is a break of the 24:00 shhh candle also. I am happy though, but what if I shoulda coulda woulda held on then , . {image}
aha... the A/U 04-00 candle low was broken and it failed... The high broke and is/was good. The 04-00 candle had a 20 range so would of been relatively easy to trade (said after the event)
Don't forget my stats are based on midway prices...
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,728
  • Edited 4:45am Feb 4, 2016 4:30am | Edited 4:45am
I do not trade A/U Daily Break, but yesterday we had a big candle and outside bar and todays candle broke high, this was a good trade to do. Last big candle was on 15th Jan but it was (NOT) broken the day after...

edit,,, the 15th Jan Daily Candle was not broken the following day..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,729
  • Feb 4, 2016 5:02am Feb 4, 2016 5:02am
[quote=billytt;8732316]{quote} aha... the A/U 04-00 candle low was broken and it failed... The high broke and is/was good. The 04-00 candle had a 20 range so would of been relatively easy to trade (said after the event)
Hi Mr B
Don't forget my stats are based on midway prices... ER, ERRR, ERRRRR. "Erm what arr dees Mr B". L.O.L.
  • #6,730
  • Feb 4, 2016 5:25am Feb 4, 2016 5:25am
[quote=Piprader;8732451]
Quoting billytt
{quote} aha... the A/U 04-00 candle low was broken and it failed... The high broke and is/was good. The 04-00 candle had a 20 range so would of been relatively easy to trade (said after the event) Hi Mr B Don't forget my stats are based on midway prices... ER, ERRR, ERRRRR. "Erm what arr dees Mr B". L.O.L.
It is more or less the difference of bid and asking price,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,731
  • Feb 4, 2016 5:27am Feb 4, 2016 5:27am
I am having a few days off trading as I am getting burned out..I have been trading for 2 people as I keep saying but it is a strain. I really do not like playing with other peoples money lol. They have 8% return so it can be put on hold for a few days yay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,732
  • Feb 4, 2016 5:29am Feb 4, 2016 5:29am
hi guys, been away for a few weeks so just catching up on the thread! Been trading demo and experimenting for last 6 months. Think I'm going to open a small real account on Monday. Couple of questions, I've been using fxcm but not that into the software, any recommendations? Also it seems to me I think I can make 3% a day, what do you go for?

Thanks!
  • #6,733
  • Feb 4, 2016 5:45am Feb 4, 2016 5:45am
Quoting jmillard26
hi guys, been away for a few weeks so just catching up on the thread! Been trading demo and experimenting for last 6 months. Think I'm going to open a small real account on Monday. Couple of questions, I've been using fxcm but not that into the software, any recommendations? Also it seems to me I think I can make 3% a day, what do you go for? Thanks!
Hi jmillard; I have heard nothing bad regarding fxcm. My charts I post in here are charts my broker suppies and are quite good... My trading Pc is loaded with specialist software which Nasa supplied (yeah right) Joking... my system conducts trades very quickly and it can trade 2 accounts/brokers when I am correcting. You should have no problem. 3% ??? YAY you will retire very soon earning that..My small trading when I am looking for shopping money and wifes credit card bills I look for 5% (5 pips)..
Trading for my minnions I look for half percent to one percent each trade .. I need a big bank to correct bad trades hence half percent. I wont use my money to correct their trades lol.. Trade well bud
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,734
  • Feb 4, 2016 5:57am Feb 4, 2016 5:57am
[quote=billytt;8732526]
Quoting Piprader
{quote} It is more or less the difference of bid and asking price,
Thanks Mr B ,, got it.
Cable has spiked 134 pips from 12 noon to this time ,, considering the big move yesterday and None Farm tomorrow think I will stand aside with cable for now, will be watching mmm, is that a good idea??

Maybe have a listen to Albatross that should help,, oh no HELP ,,, there's another song mm
  • #6,735
  • Feb 4, 2016 6:13am Feb 4, 2016 6:13am
[quote=Piprader;8732660]
Quoting billytt
{quote} Thanks Mr B ,, got it. Cable has spiked 134 pips from 12 noon to this time ,, considering the big move yesterday and None Farm tomorrow think I will stand aside with cable for now, will be watching mmm, is that a good idea?? Maybe have a listen to Albatross that should help,, oh no HELP ,,, there's another song mm
It is always a good idea when,,,WHEN IN DOUBT STAY OUT,
We might say in this room that all the clues are good for a pair to long/short but if you have any doubts do not trade.
You have to learn why you have doubts.. This way you will develop your self..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,736
  • Feb 4, 2016 6:17am Feb 4, 2016 6:17am
14-15
Looking at A/U I think that it should get to approx 7380 then retrace down to 7350 to start with, My thoughts but I trade 4 hour breaks lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,737
  • Feb 4, 2016 6:43am Feb 4, 2016 6:43am
[quote=billytt;8732723]
Quoting Piprader
{quote} It is always a good idea when,,,WHEN IN DOUBT STAY OUT, We might say in this room that all the clues are good for a pair to long/short but if you have any doubts do not trade. You have to learn why you have doubts.. This way you will develop your self..
Thanks for your thoughts Mr B :nerd:
  • #6,738
  • Feb 4, 2016 11:40am Feb 4, 2016 11:40am
Quoting billytt
{quote} Hi jmillard; I have heard nothing bad regarding fxcm. My charts I post in here are charts my broker suppies and are quite good... My trading Pc is loaded with specialist software which Nasa supplied (yeah right) Joking... my system conducts trades very quickly and it can trade 2 accounts/brokers when I am correcting. You should have no problem. 3% ??? YAY you will retire very soon earning that..My small trading when I am looking for shopping money and wifes credit card bills I look for 5% (5 pips).. Trading for my minnions I look for half...
thanks. tell me if i am being amateurish but trading daily break and making 3% (3 pips or even 6) shouldnt be too far out of reach??
  • #6,739
  • Feb 4, 2016 4:12pm Feb 4, 2016 4:12pm
Quoting jmillard26
{quote} thanks. tell me if i am being amateurish but trading daily break and making 3% (3 pips or even 6) shouldnt be too far out of reach??
Hi jmillard. Getting 3 is easier than 5. The Daily break has excellent stats but you need to be able to trade the bad trade. The break happens and it might retrace straight away so you need a big stop to cover it. this brings money management into the game. OR you can let it trigger then hope it retraces then enter so you get more... It isn't amateurish and you ask good questions. If the break happens quick you can get more or even have a second trade running ....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,740
  • Feb 4, 2016 4:21pm Feb 4, 2016 4:21pm
OOOOOO A/U 20-00 candle , only 10 range. So tempting , The high has just broke but it will be good either way. I am not going to trade it . like I said I am having a break, Don't forget NFP later..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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