Billytt Die happy trading e/j daily breakout

Was that hanging in the Tate ? Need sunglasses if you wish to sit and stare at it to fathom the artists intention. Picture could be more bear but who knows !

Anybody home

Brent - nice Pin bar Long supported by XX50 level and trend. Later support from pivot - BUT I didn't take it !! Too busy playing with a new toy - Dax
Rowlocks !!!

@Claudia1
here is a random hourly volatile chart. Is this the sort of hourly break you were looking at.
Seems the volatile pairs (G/N and G/J so far) punch the ten pips required from a previous hourly close?

@Claudia1
G/J hourly break for ten pips
(Experiment in progress on hourly breaks)

I'd sort of forgotten about that. By the way you were correct about the artist of the thing William posted.

Struggling to find anything to buy/sell today. Had a good start last night with short e/j. Cable's going nowhere fast - g/j is interesting as if you pull it up on 4h trending down and a good t/l there. E/G looks like might have some money in it but all so slow.

Yes, very slow. Brent pips were hard earned and took a couple of losses which is not unusual but today seems like trying to walk through treacle. Not looked at my E/J pair today. very tired and might go for a break.

Closing out Brent now -Enough for today.
DBLHC with trend and Pivot break and reached R1 where it seems to stall.

Before I go.
here is the 15 minute break out of E/J I often trade ( A "Billy" Trade) - Ten pip target easily reached then trail a stop.
Not taken by me today as I was concentrating on Brent.
See how price was backed up by trend and breaks of S2 and S3.
Doesn't work all the time - check past charts -had some losers recently. Overall seems to work out thus far.

Hi all, I was in a lot of trouble (was). I traded a short last night and it went well, BUT my stupid Pc wouldn't close it and the trade went against me. I couldn't even use my mobile ,anyway I managed to contact my friend who helped me out and several hours later I was sorted and I have the Pc guy coming back.

pinch punch 1st of the Month. I hope you are all ok. I am giving trading a miss today. Trade well

First week of the month is fun for gbp red news everyday - then we got the silliest news release of the month on Friday.

Worth a look at g/u on monthly.

Interesting UBS and HSBC saying if UK leaves Europe GBP will collapse and head towards 1:1 with Euro. We'll see.

"Billy" bar ten pips strikes again-and broke a Pivot- and with trend = confluence.

Missed opportunity on Brent whilst concentrating on E/J. No complaints though.

The AUD
I didn't trade it but whilst keeping an eye on 5 minute Brent I looked at AUD out of curiousity.
Wouldn't it be nice if currencies traded sedately like today's' AUD: smoothly through the pivot line - oh well

Daily Break Stats from 3rd Jan to and include 29th Feb...
E/J... Trades = 51.... Win = 48...Loss = 03. Trades with +20 or more pips =41.
G/U... Trades = 53... Win = 46... Loss = 07... Trades with +20 or more pips = 38.
A/U ...Trades = 52... Win =48... Loss = 04... Trades with +20 or more pips = 39.

please note the break of Fri 26th Feb was +10 on Mon and the Sun 28th was a fail... this info will be deleted soon

That is trading for you. Contradiction all of the time. Sometimes a pivot is met and it retraces OR carries on lol. Trade well bud.

Pc is ok now, They said it was my fault that A/U short did not close yeah right.



edit, it was lol

@Billytt @Claudia1

Claudia, Billy et al.
I have posted a 4 am to 8 am bar on the five minute time frame. I am interested in the open/closes.
How would you manage breaks of open close (see my arrows)?
Would the last arrow indicate a better trade since it also has R1 as a confluence?

[quote=turnip15;8785648]@Billytt @Claudia1 Claudia, Billy et al. I
Mr T, When I scalped in the past I would either trade off levels on the short time frame (not shown) OR draw mini trend lines on the BOTTOM off long candles and TOP off short candles as shown, I dreaw them off the actual corner of the body not wicks.
No idea what happened after A (on chart) lets see if a trade was/is possible.