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Billytt Die happy trading e/j daily breakout

  • #6,821
  • Feb 10, 2016 1:06pm Feb 10, 2016 1:06pm
Quoting billytt
{quote} Hi Claudia, I was looking at open/close on the 4 hr and daily.plus a few pips then enter... very similar
Hi Billy - it is very similar to your daily e/j and should work. Need Mr T's homework lol.

Edit: Oops but ignoring the high/lows. Feel an email to Hanover coming on.
  • #6,822
  • Feb 10, 2016 1:13pm Feb 10, 2016 1:13pm
@Claudia1
Here is a quick Cable chart I have put up. Watching for break of open or close of last bar- 1900 to 2000 bar is ten minutes old at time of writing.

Claudia -are you referring to ANY one hour bar or the 7 am to 8am bar only ?
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #6,823
  • Feb 10, 2016 1:16pm Feb 10, 2016 1:16pm
Quoting turnip15
@Claudia1 Here is a quick Cable chart I have put up. Watching for break of open or close of last bar- 1900 to 2000 bar is ten minutes old at time of writing. Claudia -are you referring to ANY one hour bar or the 7 am to 8am bar only ? {image}
Any hour bar
  • #6,824
  • Feb 10, 2016 1:42pm Feb 10, 2016 1:42pm
Quoting turnip15
@Claudia1 Here is a quick Cable chart I have put up. Watching for break of open or close of last bar- 1900 to 2000 bar is ten minutes old at time of writing. Claudia -are you referring to ANY one hour bar or the 7 am to 8am bar only ? {image}
@Claudia1

Five plus in the bag

Hope I traded it correctly as per your suggestion.

I used the Five Minute chart to manage the trade.
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #6,825
  • Feb 10, 2016 1:50pm Feb 10, 2016 1:50pm
Quoting turnip15
{quote} @Claudia1 Five plus in the bag Hope I traded it correctly as per your suggestion. I used the Five Minute chart to manage the trade. {image}
Sort of. I'm just throwing ideas around and if I traded that I would simply put orders in at the open/close of the one hour bar which an ea is ideal for.
  • #6,826
  • Feb 10, 2016 2:00pm Feb 10, 2016 2:00pm
Quoting turnip15
{quote} @Claudia1 Five plus in the bag Hope I traded it correctly as per your suggestion. I used the Five Minute chart to manage the trade. {image}
Another 1 h bar about to close/open look for Billy's 5
  • #6,827
  • Feb 10, 2016 2:52pm Feb 10, 2016 2:52pm
Quoting claudia1
{quote} Another 1 h bar about to close/open look for Billy's 5
Re open/close I was put in touch with a guy in the States, he runs seminars/tutorials , just like me he trades off daily and 4 hourly charts and looks for actual trend change and good win/loss ratios and money management plan ,,WHERE AS my forte' is look for a few and hit it hard lol. I do think it is worth looking at but definitely keep it simple...

edit, I do think hourly chart is too low though, maybe you will get the moves at market open/close but the ranging bars will not be good . I think some sort of grid will have to be used to cater for small ranging candles
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,828
  • Feb 10, 2016 3:07pm Feb 10, 2016 3:07pm
Quoting billytt
{quote} Re open/close I was put in touch with a guy in the States, he runs seminars/tutorials , just like me he trades off daily and 4 hourly charts and looks for actual trend change and good win/loss ratios and money management plan ,,WHERE AS my forte' is look for a few and hit it hard lol. I do think it is worth looking at but definitely keep it simple... edit, I do think hourly chart is too low though, maybe you will get the moves at market open/close but the ranging bars will not be good . I think some sort of grid will have to be used to cater...
You are probably right about the t/f but this is working in this market.
Attached Image (click to enlarge)
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  • #6,829
  • Feb 11, 2016 2:25am Feb 11, 2016 2:25am
Bingo!! Mr B's AUD 4am break south strong push took 11 pips after spread could of been %% more but very happy . Green pips to all.
  • #6,830
  • Feb 11, 2016 2:50am Feb 11, 2016 2:50am
Quoting Piprader
Bingo!! Mr B's AUD 4am break south strong push took 11 pips after spread could of been %% more but very happy . Green pips to all.
Piprader

Could you kindly give the name of the indicator you are using to draw boxes to show the 4H candle on your chart ?
I'm checking on google but can't find it
Thanks in advance

Landsat
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #6,831
  • Feb 11, 2016 2:53am Feb 11, 2016 2:53am
Perfect day. Break off dp, break of Frankie, break of 00, break of trend line ..... that's about all I could ask.
Attached Image (click to enlarge)
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  • #6,832
  • Edited 3:49am Feb 11, 2016 3:16am | Edited 3:49am
Quoting landsat
{quote} Piprader Could you kindly give the name of the indicator you are using to draw boxes to show the 4H candle on your chart ? I'm checking on google but can't find it Thanks in advance Landsat
Hi landsat , No problem, I put this together from london and new york break out box, I am going to see if I can upload this for you along with a template, give me 30 mins or so

EDIT,,, you have a message
  • #6,833
  • Feb 11, 2016 3:27am Feb 11, 2016 3:27am
Quoting claudia1
Perfect day. Break off dp, break of Frankie, break of 00, break of trend line ..... that's about all I could ask. {image}
And break of hourly
every Saint has a past. Every Sinner has a Future
  • #6,834
  • Feb 11, 2016 3:42am Feb 11, 2016 3:42am
Quoting turnip15
{quote} And break of hourly
Yep that too and a run to the adr also. Where have you hidden William today?
  • #6,835
  • Feb 11, 2016 3:47am Feb 11, 2016 3:47am
Quoting claudia1
{quote} Yep that too and a run to the adr also. Where have you hidden William today?
William is probably waiting in the belfry watching over us.
I have been on Skype watching Clive Packham etc trading Dax on one minute -frenetic. Islander from Medicis thread is there under the name of Jono. I am saving the charts he posts for later study.
Still prefer my slower type of live trading though.
every Saint has a past. Every Sinner has a Future
  • #6,836
  • Feb 11, 2016 3:55am Feb 11, 2016 3:55am
Quoting turnip15
{quote} William is probably waiting in the belfry watching over us. I have been on Skype watching Clive Packham etc trading Dax on one minute -frenetic. Islander from Medicis thread is there under the name of Jono. I am saving the charts he posts for later study. Still prefer my slower type of live trading though.
Be careful on the 1 min I've had over 80 open positions before running into London fix and it takes some handling. Only go there when I'm in a mess from earlier in the day.

I still like the 60 min but do watch the 4h and daily.
  • #6,837
  • Feb 11, 2016 3:55am Feb 11, 2016 3:55am
Quoting turnip15
{quote} William is probably waiting in the belfry watching over us. I have been on Skype watching Clive Packham etc trading Dax on one minute -frenetic. Islander from Medicis thread is there under the name of Jono. I am saving the charts he posts for later study. Still prefer my slower type of live trading though.
Charts attached:
Before anyone gets excited, look at these two charts: One may look profitable but the second would probably cut your finances to pieces and leave you in despair due to the thin range across the top which is long enough to empty your pockets.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: DowThurs.jpg Size: 341 KB
every Saint has a past. Every Sinner has a Future
  • #6,838
  • Feb 11, 2016 4:04am Feb 11, 2016 4:04am
Quoting turnip15
{quote} Charts attached: Before anyone gets excited, look at these two charts: One may look profitable but the second would probably cut your finances to pieces and leave you in despair due to the thin range across the top which is long enough to empty your pockets. {image} {image}
No no no if these are your charts then get rid of all the indicators. You can't trade 1 min with lagging indicators. Watch cable from around 15.15 onwards and usually it is fairly clear where it's going into close.
  • #6,839
  • Feb 11, 2016 4:07am Feb 11, 2016 4:07am
Meanwhile - back in my comfort zone among the tried and tested.
EDIT : AND it was a break of the 4 am to 8 am range !
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #6,840
  • Feb 11, 2016 4:19am Feb 11, 2016 4:19am
Quoting turnip15
Meanwhile - back in my comfort zone among the tried and tested. EDIT : AND it was a break of the 4 am to 8 am range ! {image}
Yep a good one. Also the entry would have been a confirmed break of 00?
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