Billytt Die happy trading e/j daily breakout | Page 396 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #7,901
  • Apr 4, 2016 4:18pm Apr 4, 2016 4:18pm
[quote=turnip15;8852620]The four hour AUD/USD -ten pips target:

the last time the 04-00 candle + 10 failed was on 17th March (18 days ago). BUT the + 5 would of been made. We have had 15 fails this year (+10). 5 of those trades would of given +5.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,902
  • Apr 4, 2016 4:35pm Apr 4, 2016 4:35pm
yay, don't you just love it
Attached Image (click to enlarge)
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actually, my trading is better than that....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,903
  • Apr 4, 2016 8:06pm Apr 4, 2016 8:06pm
Quoting billytt
{quote} Hello jmn, as Mr T answered, yes. I found that 04-00 candle A/U very good to trade off as it is normally smaller range and moves slowly most of the time. I am currently testing G/U and this has very good stats but it is more volatile, Trade well

Thanks billy and turnip.
If you are good at something, never do it for free--Joker
  • #7,904
  • Apr 5, 2016 12:08am Apr 5, 2016 12:08am
Good morning, the A/U 04-00 candle was 62 range, That is big and makes me nervous lol. time 08-09.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,905
  • Apr 5, 2016 12:47am Apr 5, 2016 12:47am
A/U 04-00 candle... I traded 1 lot and got 6% (6 pips). The +10 was not made yet (for stats) .
If it retraces up I might re enter as long as the + 10 has not been made.
Actually I shall leave it, I dislike big range candles lol. I am done for the day. time 08-47

edit, I just realised the +10 has been made just after I closed my trade, SO no retrace trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,906
  • Apr 5, 2016 12:54am Apr 5, 2016 12:54am
E/J Daily Break,,,,,,, low broke for +10 and the 04-00 for +10.
G/U Daily Break,,,,, nothing yet. 04-00 +10.
A/U Daily Break,,, low broke for +10.... 04-00 got +10.

G/U we have a pennant on the Daily, It could be a sign if the Daily low breaks. coffee time , Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,907
  • Apr 5, 2016 1:00am Apr 5, 2016 1:00am
A/U the Daily Range is 100, at the moment it is 70, it might drop another 30 (MIGHT} or go up another 100 time 09-00.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,908
  • Apr 5, 2016 1:40am Apr 5, 2016 1:40am
AUD 4am bar
The white line horizontal might be support that would have to be broken to go lower ?
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every Saint has a past. Every Sinner has a Future
  • #7,909
  • Apr 5, 2016 3:00am Apr 5, 2016 3:00am
Quoting turnip15
AUD 4am bar The white line horizontal might be support that would have to be broken to go lower ? {image}
Morning Mr T,, A/U has just made a 100 on the Daily Range. Tuesdays are good trading days and the market is moving quite well today so the odds of a good range is good.
I posted earlier when it was 70, on a bad day this would of been good. time 11-00
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,910
  • Apr 5, 2016 5:39am Apr 5, 2016 5:39am
Quoting turnip15
AUD 4am bar The white line horizontal might be support that would have to be broken to go lower ? {image}
@Billytt
Update - did well.
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every Saint has a past. Every Sinner has a Future
  • #7,911
  • Apr 5, 2016 6:33am Apr 5, 2016 6:33am
@Billytt

Another idea re the 4 am AUD !!

Look at the bar chart -the arrows mark a random selection of 4 am bars.
Look at the closes of those bars -if entry is taken on the open of the next bar as price crosses or starts at the close of the 4 am bar, and moves away, it seems possible that you could get your five pips that way ?
( Like using the close of the 4 am bar as "a line in the sand")
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #7,912
  • Apr 5, 2016 4:10pm Apr 5, 2016 4:10pm
Quoting turnip15
@Billytt Another idea re the 4 am AUD !! Look at the bar chart -the arrows mark a random selection of 4 am bars. Look at the closes of those bars -if entry is taken on the open of the next bar as price crosses or starts at the close of the 4 am bar, and moves away, it seems possible that you could get your five pips that way ? ( Like using the close of the 4 am bar as "a line in the sand") {image}
Hello Mr T. I am not too sure of your meaning. The actual high/low break is very successful.
When you say close, do you mean next candle to carry on in the direction of the close? if so I did look into it and for what ever reason I stopped lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,913
  • Apr 6, 2016 12:16am Apr 6, 2016 12:16am
good morning, time 08-15 and I am finished for the day woo woo.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,914
  • Apr 6, 2016 12:23am Apr 6, 2016 12:23am
A/U 04-00 break.
Attached Image (click to enlarge)
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the 04-00 range was 15 pips which I like. I do prefer 20 though. it dropped and I actually got 8% return and my minnions got 5%.
So 26 from 26 trades and 33% return for my happy ladies.
hopefully I shall stick some stats in later, trade well all.


edit, on chart , the blue arrow is the 04-00 4 hour candle.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,915
  • Apr 6, 2016 12:30am Apr 6, 2016 12:30am
A/U - if the market reverses and that 04-00 candle high is broken I WILL NOT TRADE IT, reason being, I DO NOT WANT TO. I have enough with the +8% ,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,916
  • Apr 6, 2016 12:46am Apr 6, 2016 12:46am
A/U time 08-43. at present the daily range is 37 and we know that the average is approx. 100 so looking at it in a conservative way we can expect to see at least 70 today.. so right now we have 30 to look for. so 7580 high or 7500 low
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,917
  • Edited 1:07am Apr 6, 2016 12:55am | Edited 1:07am
A/U,,, if it continues to go up 7600 is a good number to aim for and 7620/30 for the adr. If it drops it could go 7500 to but obviously look for decent clues. I will not be trading any more today as I am testing.


edit, I know I am confusing everyone... A/U average daily range is approx. 100, so lets look for 70 (conservative ) look for the high and low and calculate where the range can go. once you get good at that you can then look at compounding. BUT HAVE A GOOD PLAN AND STICK TO IT...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,918
  • Apr 6, 2016 1:09am Apr 6, 2016 1:09am
A/U if it drops look for 7500 then 7480, dont forget the clues
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,919
  • Apr 6, 2016 1:11am Apr 6, 2016 1:11am
I am supposed to be dancing tonight but I twanged my ligaments in my right knee yesterday whilst running, (old age) lol. But I am working on it with heat failing that I shall go to an auction.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,920
  • Apr 6, 2016 1:12am Apr 6, 2016 1:12am
Do I spy Mr Pip, hope you are good Pip,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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