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Billytt Die happy trading e/j daily breakout

  • #7,001
  • Feb 12, 2016 12:27pm Feb 12, 2016 12:27pm
Quoting billytt
{quote} good trading landsat, I shall look at your charts later. I have been busy today with the gas engineer.
Gas stove ... SMEG or Falcon ?
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,002
  • Feb 12, 2016 12:50pm Feb 12, 2016 12:50pm
hi billy. On the 4am-8am bar how come you trade aud/usd and not usual e/j? Seems like it would work on that pair and you know it so well. Also do you have a minimum range on the 4am bar that would stop you from trading the breakout?
I've been trading the daily break this week with good success
  • #7,003
  • Feb 12, 2016 1:02pm Feb 12, 2016 1:02pm
Quoting landsat
{quote} Gas stove ... SMEG or Falcon ?
Baumatic is the make, I believe French design
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,004
  • Feb 12, 2016 1:05pm Feb 12, 2016 1:05pm
Quoting jmillard26
hi billy. On the 4am-8am bar how come you trade aud/usd and not usual e/j? Seems like it would work on that pair and you know it so well. Also do you have a minimum range on the 4am bar that would stop you from trading the breakout? I've been trading the daily break this week with good success
ahar,,,, A/U moves slow most of the time (MOST OF THE TIME) and I can counter it a lot better/easier. It will work on E/J and G/U but I find A/U so easy to trade. with A/U I will trade it any range but I prefer 20/30 as this is good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,005
  • Feb 12, 2016 1:07pm Feb 12, 2016 1:07pm
Quoting billytt
{quote} Baumatic is the make, I believe French design
should come to my home .. i can teach you few tricks .. fine wines and cooking are my passions
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,006
  • Feb 12, 2016 1:32pm Feb 12, 2016 1:32pm
Quoting landsat
{quote} should come to my home .. i can teach you few tricks .. fine wines and cooking are my passions
I love cooking, I started doing it as stress release and just got better ooo la la
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,007
  • Feb 13, 2016 3:24am Feb 13, 2016 3:24am
Quoting billytt
{quote} ahar,,,, A/U moves slow most of the time (MOST OF THE TIME) and I can counter it a lot better/easier. It will work on E/J and G/U but I find A/U so easy to trade. with A/U I will trade it any range but I prefer 20/30 as this is good.
Billyt

About counter trade :

i know 2 ways to rescue a trade .
1. rescue with scaling in in the same direction and as soon as you comeback to the average price you can get out .
2. hedging in the opposite direction if there is an opposite direction signal .

do you use 1 of these ?

Landat
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,008
  • Feb 13, 2016 10:00am Feb 13, 2016 10:00am
I love this site a beginner throws 200k in to an unregulated firm and gets ripped to pieces. How silly can you get?

http://www.forexpeacearmy.com/commun...-stolen.44051/
  • #7,009
  • Feb 13, 2016 10:48am Feb 13, 2016 10:48am
Quoting claudia1
I love this site a beginner throws 200k in to an unregulated firm and gets ripped to pieces. How silly can you get? http://www.forexpeacearmy.com/commun...-stolen.44051/
"Fools and their money" ?
Or........simply an "Idiot."
The work of any con-man is made much easier by the greed of the victim. If the victim is also an intellectual pauper then his (the con-man's) work is easier still.
Attached Image
every Saint has a past. Every Sinner has a Future
  • #7,010
  • Feb 13, 2016 1:42pm Feb 13, 2016 1:42pm
Quoting claudia1
I love this site a beginner throws 200k in to an unregulated firm and gets ripped to pieces. How silly can you get? http://www.forexpeacearmy.com/commun...-stolen.44051/
conclusion :
Attached Image (click to enlarge)
Click to Enlarge Name: optimism.jpg Size: 34 KB
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,011
  • Feb 13, 2016 10:09pm Feb 13, 2016 10:09pm
Quoting landsat
{quote} Billyt About counter trade : i know 2 ways to rescue a trade . 1. rescue with scaling in in the same direction and as soon as you comeback to the average price you can get out . 2. hedging in the opposite direction if there is an opposite direction signal . do you use 1 of these ? Landat
No1,,,, I have done but I am not confident with it.
No 2,,,, I will put in an opposite trade (Hedge), some say close a bad trade and take the loss. But not I, The hedge will then hold the losing trade in limbo until it either gets better or gets to a new trigger. Then adjust lot size. I do it easily and it goes against what every body says lol. But you need a good strike rate.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,012
  • Feb 13, 2016 10:12pm Feb 13, 2016 10:12pm
Quoting landsat
{quote} conclusion : {image}
bon Dieu lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,013
  • Feb 13, 2016 10:20pm Feb 13, 2016 10:20pm
Quoting claudia1
I love this site a beginner throws 200k in to an unregulated firm and gets ripped to pieces. How silly can you get? http://www.forexpeacearmy.com/commun...-stolen.44051/
Parent company is in Greece ?, and we all know how the Plate Smashers are like with money. He posted so much bs it must be a joke.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,014
  • Edited 3:22am Feb 14, 2016 3:07am | Edited 3:22am
Quoting billytt
{quote} No1,,,, I have done but I am not confident with it. No 2,,,, I will put in an opposite trade (Hedge), some say close a bad trade and take the loss. But not I, The hedge will then hold the losing trade in limbo until it either gets better or gets to a new trigger. Then adjust lot size. I do it easily and it goes against what every body says lol. But you need a good strike rate.
Billlyt

if we follow what every body says .....
Hedging make sense to me

Very interesting configuration on E/J ...(looking at the mother bar)
A/U and G/U looking for daily break
Attached Image (click to enlarge)
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Attached Images
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,015
  • Feb 14, 2016 4:02am Feb 14, 2016 4:02am
Quoting billytt
{quote} Parent company is in Greece ?, and we all know how the Plate Smashers are like with money. He posted so much bs it must be a joke.
Could have bought Greece withh 200k. I like the forum it can be funny and where do people find these obscure 'brokers'?
  • #7,016
  • Feb 14, 2016 4:18am Feb 14, 2016 4:18am
Daily Yen with a pin type Inside Bar and massive resistance overhead at 12800.0 ( Look to the Left)
Lots of tails showing desire to be long ?
Interesting to watch
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every Saint has a past. Every Sinner has a Future
  • #7,017
  • Feb 14, 2016 5:26am Feb 14, 2016 5:26am
Billlyt if we follow what every body says ..... Hedging make sense to me Very interesting configuration on E/J ...(looking at the mother bar) A/U and G/U looking for daily break
Yes indeed, true hedging is good. Used in sports betting in any accumulator type bet. With me I will counter/hedge until the next trade set up if it goes bad .So if I were treading the Daily Break I would wait for the next Daily Break to continue the trade, It is like a machine once the first trade is made......I hope this makes sense
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,018
  • Feb 14, 2016 5:29am Feb 14, 2016 5:29am
[quote=turnip15;8752636]Daily Yen with a pin type Inside Bar and massive resistance overhead at 12800.0 ( Look to the Left) Lots of tails showing desire to be long ? Interesting to watch ...
The break of that inside bar should be a good sign. Only snag is the weekend gap... It still has plenty of room to drop
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,019
  • Feb 14, 2016 5:34am Feb 14, 2016 5:34am
Quoting claudia1
{quote} Could have bought Greece withh 200k. I like the forum it can be funny and where do people find these obscure 'brokers'?
They probably open obscure email from the trash and basically it is just greed, insider dealer news, bonus, no loss, insurance ...yeah right invest in my Unicorn Stud Farm and turn petrol from water ... Catch you later going for lunch with Putin)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,020
  • Feb 14, 2016 6:31am Feb 14, 2016 6:31am
[quote=billytt;8752688]
Quoting turnip15
Daily Yen with a pin type Inside Bar and massive resistance overhead at 12800.0 ( Look to the Left) Lots of tails showing desire to be long ? Interesting to watch ... The break of that inside bar should be a good sign. Only snag is the weekend gap... It still has plenty of room to drop
Yes-I agree. I have not explained myself clearly. The tails are pushing against overhead resistance - logically, price might abandon trying to rise and take the path of least resistance -Down.
every Saint has a past. Every Sinner has a Future
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