Billytt Die happy trading e/j daily breakout | Page 388 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #7,741
  • Mar 15, 2016 4:00am Mar 15, 2016 4:00am
I wonder how the 800 trade a day guy is going on. He is probably on his 120th trade by now , (still early)
That last chart Cable I put posted. That could of been compounded and high leverage used for a billion $$$
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,742
  • Mar 15, 2016 4:16am Mar 15, 2016 4:16am
Quoting billytt
I wonder how the 800 trade a day guy is going on. He is probably on his 120th trade by now , (still early) That last chart Cable I put posted. That could of been compounded and high leverage used for a billion $$$
Took his explorer thing down. 800 a day with no ea??

You would wear your fingers out very quick.
  • #7,743
  • Mar 15, 2016 4:18am Mar 15, 2016 4:18am
Cable hit target easy day so far.
  • #7,744
  • Mar 15, 2016 4:23am Mar 15, 2016 4:23am
Quoting claudia1
Cable hit target easy day so far.
Cable has dropped very nicely. Somebody pinged me saying why I took 6 when I could of got 50+ lol. they just do not understand.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,745
  • Mar 15, 2016 4:25am Mar 15, 2016 4:25am
Quoting billytt
{quote} Cable has dropped very nicely. Somebody pinged me saying why I took 6 when I could of got 50+ lol. they just do not understand.
No they don't. Our numbers differ slightly but the concept is the same.
  • #7,746
  • Mar 15, 2016 4:30am Mar 15, 2016 4:30am
A/U 04-00 Break. What ever happens my stats will say the low was triggered it then reversed -20. I am not trading it as I need it to be a perfect trigger off the low, But nothing stopping a short trade being put on at -5,,,,,-10......-15.......-20 . we do not really know how far a retrace will go, it might not even come back.

edit... I have not explained that too well. ask questions if you want.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,747
  • Edited 4:50am Mar 15, 2016 4:35am | Edited 4:50am
Cable, that Daily Channel has broken and the 4 hour candle trend broken, it looks like it could drop hundreds. I am only saying what I can see. Not that I am thinking about trading it.

edit... I should not of posted the above as it doesn't matter. If it drops it drops if it goes up , up it goes. We are not here to think, just trade the method.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,748
  • Mar 15, 2016 5:02am Mar 15, 2016 5:02am
A/U 04-00 candle, I am now shorting the break , catch you later
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,749
  • Mar 15, 2016 5:51am Mar 15, 2016 5:51am
Quoting billytt
Cable Daily Break, {image} Highlighted with (X) win win win , one loss after a Sunday candle but the loss was minimal. For the trend traders, hundreds of pips could of been made ( Claudia ) You just need a decent method to trade any retraces BUT the Daily Break works. If in doubt go buy lottery tickets...
That's my problem
  • #7,750
  • Mar 15, 2016 6:04am Mar 15, 2016 6:04am
time 11-00, I have just closed the A/U short. I got exactly 5 points multiplied several times plus a side trade off the retrace lol. At the moment the low was broken but it hasn't quite made the 10 for the stats.
Ideally for greed purposes it should retrace up to say _20 again and then I would short it again with one lot. But only do this as long as the +10 has not been made.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,751
  • Mar 15, 2016 6:05am Mar 15, 2016 6:05am
Quoting DavidRP
{quote} That's my problem
It is hard but you need a big bank roll, and good morning Davidrp
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,752
  • Mar 15, 2016 6:09am Mar 15, 2016 6:09am
Trades for my minnions = 23 from 23, this includes last Friday bad day which I corrected using several trades, but they are classed as one because it worked lol. and 25% return total....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,753
  • Mar 15, 2016 6:56am Mar 15, 2016 6:56am
A/U it retraced past the 04-00 low and so far it hasn't made the +10.
Ideally I would like to see it make approx 7480 then I will re short it.
Time now 11-55, nothing stopping me shorting it now at 7465 but I think I will give it a miss.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,754
  • Mar 15, 2016 7:07am Mar 15, 2016 7:07am
this chart is 15 minute so you can see easier.
Attached Image (click to enlarge)
Click to Enlarge Name: ej04.PNG Size: 28 KB


A = 04-00 candle low....
B = Low broke then retraced.
C = It went back down for the +5, BUT THE +10 was not made for stats.
D = It went back up. Once past the low 7463 you could of shorted it again.
and now another 4 hour candle has closed, time 12-06 so we will leave it.
We made enough today. Do it all again tomorrow unless we trade the 12-00 candle which I am not. take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,755
  • Mar 15, 2016 7:14am Mar 15, 2016 7:14am
A/U time 12-13, the 04-00 candle +10 has just been made. so another good stat.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,756
  • Mar 15, 2016 7:50am Mar 15, 2016 7:50am
Quoting billytt
Trades for my minnions = 23 from 23, this includes last Friday bad day which I corrected using several trades, but they are classed as one because it worked lol. and 25% return total....
I suppose you use a decent bank to correct bad trades for them (minnions)
  • #7,757
  • Mar 15, 2016 9:46am Mar 15, 2016 9:46am
Quoting DavidRP
{quote} I suppose you use a decent bank to correct bad trades for them (minnions)
no, I am very selective with their trades. I have 28k to play with and only look for a very modest gain between .25 and .5%. My trades are different lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,758
  • Mar 15, 2016 12:49pm Mar 15, 2016 12:49pm
Quoting billytt
{quote} no, I am very selective with their trades. I have 28k to play with and only look for a very modest gain between .25 and .5%. My trades are different lol
thanks mate!
  • #7,759
  • Mar 15, 2016 2:48pm Mar 15, 2016 2:48pm
Quoting billytt
{quote} Cable has dropped very nicely. Somebody pinged me saying why I took 6 when I could of got 50+ lol. they just do not understand.
@Billytt
Hi Billy - I have the 4 hourly Cable (4 am Bar) chart shown. I managed via the 15 minute chart via breaking of levels ( Mondays low then pivot level break/bounces and TA such as Pins) The arrows (apart from the first which marks the divide between Mon and Tues) are various entry points one could have taken (Mine was the 8 am Pin since I am not long out of bed)
Even the partially sighted, by now, must realize what an excellent trading approach this is, albeit I do not follow your approach to the letter.
Apologies for not posting so often but I now find I am repeating myself and reading too many forums which impinges on my free time, Having said that, I always catch up on postings on this thread in order not to miss any gems.
Attached Image (click to enlarge)
Click to Enlarge Name: CableHourly.jpg Size: 325 KB
every Saint has a past. Every Sinner has a Future
  • #7,760
  • Mar 15, 2016 3:11pm Mar 15, 2016 3:11pm
[quote=turnip15;8816013]{quote} @Billytt Hi Billy - I have the 4 hourly Cable (4 am Bar) chart shown. I managed via the 15 minute chart via breaking of levels ( Mondays low then pivot level break/bounces and TA such as Pins)

Hello Mr T, good to see you. Trading is all about making it your own, see a set up and trigger then trade.
What is the saying about having more than 2 ways to skin a cat.
That 04-00 candle is very good as you say.
One of my friends has been shouting Eureka about trading off the midnight hour candle on A/U. I have had a look at it but it sometimes involves staying awake for a long time so I am not too sure about it lol.
Keep gathering information and look around other sites and i'll see you around, Take Care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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