Billytt Die happy trading e/j daily breakout | Page 426 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #8,501
  • May 5, 2016 2:24am May 5, 2016 2:24am
Quoting DavidRP
{quote} thanks billytt
sorry Davidrp, standard lot is 2100 not 21000 even I cannot work that good lol. I don't have a maths head just I muscle my trades. Comes from the days I played poker, yay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,502
  • May 5, 2016 2:53am May 5, 2016 2:53am
A/U I couldn't post 60 range chart earlier as it was still moving up.
Attached Image


the modest 60 range has almost been made. Even though the actual adr is approx. 90 i like to look at modest range, Similar to taking 5 points.

edit,, time 08-54. A/U broke 04-00 low as I posted this. Nothing stopping it now dropping to the 7450 area. I am not trading it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,503
  • May 5, 2016 3:47am May 5, 2016 3:47am
Cable, adjusted 100 range. A= the 04-00 candle trigger.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,504
  • May 5, 2016 3:51am May 5, 2016 3:51am
It is nice and sunny here and I have been planting more flowers in planters.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,505
  • May 5, 2016 4:27am May 5, 2016 4:27am
Quoting billytt
It is nice and sunny here and I have been planting more flowers in planters.
Lovely day but I wont be planting any flowers lol no garden. Seems like the asylum has got the inmates back but maybe a bit early to tell.

4500 on g/u is becoming annoying. Not sure what to do which means do nothing.
  • #8,506
  • May 5, 2016 4:54am May 5, 2016 4:54am
Quoting claudia1
{quote} Lovely day but I wont be planting any flowers lol no garden. Seems like the asylum has got the inmates back but maybe a bit early to tell. 4500 on g/u is becoming annoying. Not sure what to do which means do nothing.
I keep popping in and looking at Cable. I thought it might just go up and maybe trade off the 04-00 high, It hasn't happened so PC is shut down. See what happens after NFP tomorrow. I might ping you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,507
  • May 5, 2016 5:06am May 5, 2016 5:06am
Cable.we have ibs on 4 hour from 08-00 yesterday.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,508
  • May 5, 2016 5:08am May 5, 2016 5:08am
Quoting billytt
{quote} I keep popping in and looking at Cable. I thought it might just go up and maybe trade off the 04-00 high, It hasn't happened so PC is shut down. See what happens after NFP tomorrow. I might ping you.
Got it thanks.
  • #8,509
  • Edited 7:02am May 5, 2016 6:30am | Edited 7:02am
Quoting billytt
{quote} sorry Davidrp, standard lot is 2100 not 21000 even I cannot work that good lol. I don't have a maths head just I muscle my trades. Comes from the days I played poker, yay
Have you ever had 3-4 losses in a row?

edit. I found the answer

"Hello Davidrp, longest losingstreak is 3 but most of my losing trades are corrected so they do not actually lose. I have had losses where I just let them lose as I had emergency and maybe had to go out but then following trades would recoup it back."
  • #8,510
  • Edited 9:02am May 5, 2016 8:09am | Edited 9:02am
Quoting DavidRP
{quote} Have you ever had 3-4 losses in a row? edit. I found the answer "Hello Davidrp, longest losingstreak is 3 but most of my losing trades are corrected so they do not actually lose. I have had losses where I just let them lose as I had emergency and maybe had to go out but then following trades would recoup it back."
my stats will show 3 losses in a row but that is a very long time ago. I will get long runs of winners maybe 10 in a row but mainly 5/6 and then I can adjust the lot size accordingly.
Method I am actually trying out has amazing stats. If a 04-00 candle trade fails it will almost certainly trigger the opposite end for a good result. For instance yesterday on A/U the high broke (and failed) but low triggered and was good. I took a few points back then went out. I was that confident.

edit in brackets RED..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,511
  • May 6, 2016 2:14am May 6, 2016 2:14am
morning, No trading for me today. Cable 04-00 low looks like it should break and A/U has a big range which I probably would not of traded anyway. Take care if you do trade NFP day

edit, A/U the 04-00 range is 37 which is not that bad but the 00-00 was a big range too (83) that meant the daily range was over a 100. It would not of been worth the trauma lol. WHEN IN DOUBT STAY OUT.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,512
  • May 6, 2016 2:33am May 6, 2016 2:33am
I cannot believe I was reading in the middle of the night about USA employment and it looks like expectations will not be met. IT WENT STRAIGHT OVER MY HEAD, it meant nothing and it put me to sleep
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,513
  • May 6, 2016 3:08am May 6, 2016 3:08am
Quoting billytt
morning, No trading for me today. Cable 04-00 low looks like it should break and A/U has a big range which I probably would not of traded anyway. Take care if you do trade NFP day edit, A/U the 04-00 range is 37 which is not that bad but the 00-00 was a big range too (83) that meant the daily range was over a 100. It would not of been worth the trauma lol. WHEN IN DOUBT STAY OUT.
You have always said that when there is a big range is more difficult to correct a bad trade. what are the reasons behind that ?

thanks billyt
  • #8,514
  • May 6, 2016 3:34am May 6, 2016 3:34am
Quoting billytt
I cannot believe I was reading in the middle of the night about USA employment and it looks like expectations will not be met. IT WENT STRAIGHT OVER MY HEAD, it meant nothing and it put me to sleep
That is sad should have took the dog out for a walk more exciting.
  • #8,515
  • Edited 8:44am May 6, 2016 8:17am | Edited 8:44am
Quoting DavidRP
{quote} You have always said that when there is a big range is more difficult to correct a bad trade. what are the reasons behind that ? thanks billyt
MONEY...... also with big range you have more chance of whipping and even different levels being hit, ie you may pass dp then r1 or s1 reach a 00. They do go in but it isn't worth the trouble I just wait for the next day.

edit, I just realised, I am speaking big range on the 4 hour candle. The daily Candle is a different matter.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,516
  • May 6, 2016 8:19am May 6, 2016 8:19am
Cable 04-00 low actually failed but the high was good then Nfp and low was good again lol, it is still a fail. I didn't trade it.
A/U was actually good with low break, and no trade by myself.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,517
  • May 7, 2016 10:52am May 7, 2016 10:52am
Quoting claudia1
Well hopefully that's the end of that. Not been a bad day up 2.58% which is ok all on cable. Hey Mr T has some reading to catch up on.
Just got back. Mowed the lawn and was gpoing to read through the thread, delusional posters and all. But have to sit in garden with Mrs T now -she has made a cup of tea and enticed me out into the garden with a choccy biscuit. :-)
every Saint has a past. Every Sinner has a Future
  • #8,518
  • May 7, 2016 11:20am May 7, 2016 11:20am
​Well the famous horse race is here today ( Kentucky Derby) another chance for all the gamblers out there to have their fun. For me I just got back from the store --
Guacamole, Mint for the Mint Julepsssss , Chips, Taco seasoning Just sit back and enjoy the race. Forex is as close as I get to gambling. Have a great weekend everyone and then back at it Monday. Tom
  • #8,519
  • May 7, 2016 11:55am May 7, 2016 11:55am
Quoting turnip15
{quote} Just got back. Mowed the lawn and was gpoing to read through the thread, delusional posters and all. But have to sit in garden with Mrs T now -she has made a cup of tea and enticed me out into the garden with a choccy biscuit. :-)
Good to see you back don't bother reading through it waste of time. Beautiful day enjoy with Mrs T.
  • #8,520
  • May 7, 2016 11:58am May 7, 2016 11:58am
Quoting tomthepoppop
​Well the famous horse race is here today ( Kentucky Derby) another chance for all the gamblers out there to have their fun. For me I just got back from the store -- Guacamole, Mint for the Mint Julepsssss , Chips, Taco seasoning Just sit back and enjoy the race. Forex is as close as I get to gambling. Have a great weekend everyone and then back at it Monday. Tom
Same to you Tom and everyone.
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