Billytt Die happy trading e/j daily breakout | Page 416 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #8,301
  • Apr 26, 2016 5:50am Apr 26, 2016 5:50am
Cable, it is good to see the actual 100 line broken
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,302
  • Apr 26, 2016 5:59am Apr 26, 2016 5:59am
Quoting Nitsan_Levi
{quote} The small time frame short out in take profit.... Now goona be a big fall from 8h sma400 to 8h sma200 *Dont say I dont told you {image}
You shorted under the 50 level at around 35 according to chart posted. Market went up up and up from there. How did the short make a profit??
  • #8,303
  • Apr 26, 2016 6:15am Apr 26, 2016 6:15am
Quoting Nitsan_Levi
{quote} The small time frame short out in take profit.... Now goona be a big fall from 8h sma400 to 8h sma200 *Dont say I dont told you {image}
Still going up on my charts. Nitsan think you need some time out. No way that short made money and ...
  • #8,304
  • Apr 26, 2016 6:26am Apr 26, 2016 6:26am
[quote=billytt;8893039]{quote} I looked at usd/cad on lap top. it looks good for a short being triggered off 4 candle and daily low. obviously they have to trigger lol. edit, I just realised you spoke of Swiss duh![/quote]
Easy done I been ranting on about u/c a while. It did hit support dumbo out too early as usual but doesn't matter. Missed the move on Swissy but can't catch them all.
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  • #8,305
  • Apr 26, 2016 6:44am Apr 26, 2016 6:44am
Quoting billytt
Cable, it is good to see the actual 100 line broken {image}
@Billytt

Cable did well on break of 8 am four hour bar so quickly.
I continue to note the relationship of the close on one bar and the open on current bar-interesting.
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every Saint has a past. Every Sinner has a Future
  • #8,306
  • Apr 26, 2016 6:48am Apr 26, 2016 6:48am
No oil trades today -difficult to spot a set up.
every Saint has a past. Every Sinner has a Future
  • #8,307
  • Apr 26, 2016 8:23am Apr 26, 2016 8:23am
A/U did break the modest 60 range, I see cable was excellent long
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,308
  • Apr 26, 2016 8:26am Apr 26, 2016 8:26am
Quoting claudia1
{quote} I looked at usd/cad on lap top. it looks good for a short being triggered off 4 candle and daily low. obviously they have to trigger lol. edit, I just realised you spoke of Swiss duh! Easy done I been ranting on about u/c a while. It did hit support dumbo out too early as usual but doesn't matter. Missed the move on Swissy but can't catch them all. {image}
I was still right though yeah right,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,309
  • Apr 26, 2016 8:28am Apr 26, 2016 8:28am
Quoting turnip15
{quote} @Billytt Cable did well on break of 8 am four hour bar so quickly. I continue to note the relationship of the close on one bar and the open on current bar-interesting. {image} {image}
do you still mean, if a candle closes red short the next and vice versa. I honestly couldn't be successful with that.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,310
  • Apr 26, 2016 11:29am Apr 26, 2016 11:29am
Tomorrow to take the high ? 4600 held well late on today and the daily says down to me. Maybe a pull back to 4500 area or will it just go on up mmm.

UK news in the morning should give clues (Billy's term) then we got Fed later be no surprises there.
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  • #8,311
  • Apr 26, 2016 12:54pm Apr 26, 2016 12:54pm
Quoting billytt
{quote} do you still mean, if a candle closes red short the next and vice versa. I honestly couldn't be successful with that.
NO -I didn't mean that but I will not elaborate because it is simply a pet project of mine (the close of one bar and the open of the next and subsequent movement away from that open).

What is important is your break of the 4 am to 8 am four hour bar trades on Cable; and maybe subsequent breaks of the following four hour candles. That is the one I now trade. It is simple and measurable and I am grateful you brought it to our attention. You and Claudia are stars.
every Saint has a past. Every Sinner has a Future
  • #8,312
  • Apr 26, 2016 12:59pm Apr 26, 2016 12:59pm
And here is Cable at time of writing ( 20:58 hours )
Last arrow was the 4 am to 8 am bar.
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every Saint has a past. Every Sinner has a Future
  • #8,313
  • Apr 26, 2016 1:53pm Apr 26, 2016 1:53pm
Quoting turnip15
{quote} NO -I didn't mean that but I will not elaborate because it is simply a pet project of mine (the close of one bar and the open of the next and subsequent movement away from that open). What is important is your break of the 4 am to 8 am four hour bar trades on Cable; and maybe subsequent breaks of the following four hour candles. That is the one I now trade. It is simple and measurable and I am grateful you brought it to our attention. You and Claudia are stars.
Probably not deserved but thanks from both.

If you into the 4h look again at usd/chf played out today sat on support once again.
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  • #8,314
  • Apr 26, 2016 2:28pm Apr 26, 2016 2:28pm
Quoting claudia1
{quote} Probably not deserved but thanks from both. If you into the 4h look again at usd/chf played out today sat on support once again. {image}
Hi Claudia.
This is my difficulty, I settled on the Cable and simply watch for a break. Would you advocate having more than one four hour pair to look at in terms of nearness to support/Resistance and big numbers etc. Trade well.
every Saint has a past. Every Sinner has a Future
  • #8,315
  • Apr 26, 2016 2:56pm Apr 26, 2016 2:56pm
Quoting turnip15
{quote} Hi Claudia. This is my difficulty, I settled on the Cable and simply watch for a break. Would you advocate having more than one four hour pair to look at in terms of nearness to support/Resistance and big numbers etc. Trade well.
Immediate answer to you Mr T is stick with oil.

But ok- 4h is more Billy's thing than mine as you know. All I do is look across the different pairs and eventually find one that's either trending, and/or consolidating and look for a break up or down. As you can see from the charts I look for s/r levels. Round numbers you know I love - maybe add William's inside bars into the equation and off you go.

Trading this way (Billy might argue) with one pair you could wait a long time for a set up which could make you enter trades just for the sake of it. Make sense?

Not sure I've answered you very well.

On a day to day basis I still mainly trade cable on shorter t/fs.
  • #8,316
  • Apr 26, 2016 4:28pm Apr 26, 2016 4:28pm
Quoting claudia1
{quote} Immediate answer to you Mr T is stick with oil. But ok- 4h is more Billy's thing than mine as you know. Trading this way (Billy might argue) with one pair you could wait a long time for a set up which could make you enter trades just for the sake of it. Make sense? Not sure I've answered you very well. On a day to day basis I still mainly trade cable on shorter t/fs.
I nearly said something similar a few days ago regarding waiting for a trade to happen (actually I think I did).. I am quite happy now making just £50 each day but if need be I could easily trade the same method and put a couple of zeroes onto the 50.
it is only this last week I have started trading a/u and cable on the same day lol.
It is very difficult for me to trade more than one pair at the same time .
Never be tempted to trade just for the sake of it .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,317
  • Apr 26, 2016 4:33pm Apr 26, 2016 4:33pm
Quoting turnip15
{quote} NO -I didn't mean that but I will not elaborate because it is simply a pet project of mine (the close of one bar and the open of the next and subsequent movement away from that open). What is important is your break of the 4 am to 8 am four hour bar trades on Cable; and maybe subsequent breaks of the following four hour candles. That is the one I now trade. It is simple and measurable and I am grateful you brought it to our attention. You and Claudia are stars.
If you can see things Mr T work on it, that is what I did with the Daily Breakout and now 4 hour break with the little wicks.
BUT that 04-00 candle is absolutely awesome for triggers whether it is the break or trigger for adr.
Thanks for the compliment but I want to help and am glad to help.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,318
  • Apr 26, 2016 4:37pm Apr 26, 2016 4:37pm
last time I saw a chart was approx. 16-15 Tuesday afternoon.
It is now 00-35 Wednesday and guess what I am doing , yep testing lol and drinking coffee. I always get on pc at this time unless I have been in club.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,319
  • Apr 26, 2016 4:38pm Apr 26, 2016 4:38pm
Did Cable drop ??? after it rose
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,320
  • Apr 26, 2016 4:48pm Apr 26, 2016 4:48pm
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