Billytt Die happy trading e/j daily breakout | Page 438 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #8,741
  • Jun 3, 2016 5:26am Jun 3, 2016 5:26am
A/U expected daily range of modest 50
Attached Image


don't forget NFP will crucify you if you get the stops wrong IF YOU USE ONE. Just observe and trade next week.

edit, same as Cable, range is calculated off the first 2 candles and then adjusted.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,742
  • Jun 3, 2016 6:05am Jun 3, 2016 6:05am
Quoting billytt
A/U expected daily range of modest 50 {image} don't forget NFP will crucify you if you get the stops wrong IF YOU USE ONE. Just observe and trade next week. edit, same as Cable, range is calculated off the first 2 candles and then adjusted.
A/U is at 45.2 (20 day).

NFP is just asking for trouble keep away for me.
  • #8,743
  • Jun 3, 2016 6:21am Jun 3, 2016 6:21am
Quoting claudia1
{quote} A/U is at 45.2 (20 day). NFP is just asking for trouble keep away for me.
our ranges are normally very close but my 20 day is 81, maybe I shall check it out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,744
  • Jun 3, 2016 7:38am Jun 3, 2016 7:38am
updates after NFP
cable
Attached Image

A/U
Attached Image

you should be able to trade retrace now but not i.
trade well all.
DAILY RANGE HAPPENS EVERY DAY, quote of the day
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,745
  • Jun 3, 2016 7:59am Jun 3, 2016 7:59am
Whoever does the NFP forecasts should maybe consider a change of career
  • #8,746
  • Jun 3, 2016 8:29am Jun 3, 2016 8:29am
Quoting claudia1
Whoever does the NFP forecasts should maybe consider a change of career
yes indeed. I had 2 mails saying long and 1 short for Cable and no idea about A/U as they wasn't clear lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,747
  • Jun 3, 2016 10:13am Jun 3, 2016 10:13am
Quoting billytt
{quote} yes indeed. I had 2 mails saying long and 1 short for Cable and no idea about A/U as they wasn't clear lol
Was lucky gambled on pulled back got 240 in literally minutes.
  • #8,748
  • Edited 12:13pm Jun 3, 2016 11:58am | Edited 12:13pm
Quoting claudia1
{quote} Was lucky gambled on pulled back got 240 in literally minutes.
Forgetting NFP, a short adr is normally followed by a big move , either next day or day after .
I did say that earlier and weeks before. You did well.

edit, But you cannot better the excitement of a rapidly moving trade . (in your direction) lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,749
  • Jun 5, 2016 8:25pm Jun 5, 2016 8:25pm
Trade well all, My son was married on Saturday, and what a good day it was.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,750
  • Jun 6, 2016 2:33am Jun 6, 2016 2:33am
morning, a good start to the week.
A/U has made +10 and Cable +10
I gave it a miss today so no trade.

edit, I just made edit. Cable rose more as I typed this post.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,751
  • Jun 6, 2016 3:30am Jun 6, 2016 3:30am
@Billytt

Congratulations and very pleased you had a great day on Saturday. Best wishes to your son and all the family.

Cable at 0924 ( Billy bar )

Another 10 plus pipper.

patience and discipline win out. Not trying for home runs of hundreds of pips which, statistically, are the exception to the rule. Little and often combined with discipline to walk away if that day's trade doesn't work out.
Attached Image (click to enlarge)
Click to Enlarge Name: Billy4H0924.jpg Size: 574 KB
every Saint has a past. Every Sinner has a Future
  • #8,752
  • Jun 6, 2016 4:50am Jun 6, 2016 4:50am
[quote=turnip15;8964189]@Billytt Congratulations and very pleased you had a great day on Saturday. Best wishes to your son and all the family. Cable at 0924 ( Billy bar )


Thank you Mr T, My son had a full military guard wedding and as any dad I was very proud of my son.
Regarding 5 pips/% as I always say, you can make a living off 5.
If you then take it a bit further you can trade the daily break looking for a modest range, you might pick up 20/30+ or if you use trailing stop or look for levels even more points.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,753
  • Jun 6, 2016 4:51am Jun 6, 2016 4:51am
[quote=turnip15;8964189]@Billytt Congratulations and very pleased you had a great day on Saturday. Best wishes to your son and all the family. Cable at 0924 ( Billy bar )

I just looked at your chart, it did move well lol, My Pc is turned off
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,754
  • Jun 6, 2016 11:16am Jun 6, 2016 11:16am
[quote=billytt;8964337]
Quoting turnip15
@Billytt Congratulations and very pleased you had a great day on Saturday. Best wishes to your son and all the family. Cable at 0924 ( Billy bar ) Thank you Mr T, My son had a full military guard wedding and as any dad I was very proud of my son. Regarding 5 pips/% as I always say, you can make a living off 5. If you then take it a bit further you can trade the daily break looking for a modest range, you might pick up 20/30+ or if you use trailing stop or look for levels even more points.
I liked the idea of a "Daily Break" but it means you have to be up very early to catch possible trades ?

Happy to be corrected.
every Saint has a past. Every Sinner has a Future
  • #8,755
  • Jun 6, 2016 1:08pm Jun 6, 2016 1:08pm
[quote=turnip15;8965101]
Quoting billytt
{quote} I liked the idea of a "Daily Break" but it means you have to be up very early to catch possible trades ? Happy to be corrected.
actually,, I have to correct that post..i said Daily Break when it should of read Daily RANGE lol, the daily break would happen otherwise we would have an ib....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,756
  • Jun 7, 2016 1:29am Jun 7, 2016 1:29am
trade well all, time 07-30
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,757
  • Jun 7, 2016 2:21am Jun 7, 2016 2:21am
no trading for me today, the 04-00 ranges of both Cable and A/U are far too big and I am not going to try and trade retraces etc. SOOOO sun time before the rain comes .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,758
  • Jun 7, 2016 6:49am Jun 7, 2016 6:49am
@Billytt

Yes -ranges far too big. Like you -I am staying in the sunshine.
every Saint has a past. Every Sinner has a Future
  • #8,759
  • Jun 7, 2016 8:57am Jun 7, 2016 8:57am
Quoting turnip15
@Billytt Yes -ranges far too big. Like you -I am staying in the sunshine.
Crazy day make the most of the sun forecast thunder and rain next.

@ Billy - hey wedding sounds like it was fantastic.
  • #8,760
  • Jun 8, 2016 12:30am Jun 8, 2016 12:30am
Quoting fxtyrant
{quote} whats even more amazing is how you talk the talk and you dont show anyone whether if you can walk the walk. put up a trade explorer. PS. a little hint. I will take profit on USDCAD at 1.4350 before my account gets margin called.
Hello tyrant.
@GJscalper I've turned a new leaf. No more trolling.
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