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Billytt Die happy trading e/j daily breakout

  • #9,721
  • Aug 12, 2016 2:04am Aug 12, 2016 2:04am
able, same again cable low broke then immediately retraced ,you could of easily entered another short in the circle, YES it could keep going long but look at your odds
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,722
  • Aug 12, 2016 2:40am Aug 12, 2016 2:40am
@Billytt

My Cable trade failed to make 10 and I got out when price retraced. I count this as a loser so far Billy.
Would you close up shop now or wait for price to break the low again.... or the high?
Your thoughts would be welcome.
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every Saint has a past. Every Sinner has a Future
  • #9,723
  • Aug 12, 2016 3:29am Aug 12, 2016 3:29am
Quoting turnip15
@Billytt My Cable trade failed to make 10 and I got out when price retraced. I count this as a loser so far Billy. Would you close up shop now or wait for price to break the low again.... or the high? Your thoughts would be welcome. {image}
No important UK news to drive it but watch 13.30 lots of US news coming out. Look at ADR it's only around 40% (5 day).

Cable will move this afternoon be careful - which way
  • #9,724
  • Edited 3:42am Aug 12, 2016 3:32am | Edited 3:42am
Quoting billytt
able, same again cable low broke then immediately retraced ,you could of easily entered another short in the circle, YES it could keep going long but look at your odds {image}
Billytt

Im reading carefully your last 2 posts
i have no comments yet to make ... i need to swallow first the informations before i can getback to you ...

Sb
trying to make everyday the best risk/reward decisions possible
  • #9,725
  • Aug 12, 2016 5:46am Aug 12, 2016 5:46am
Quoting claudia1
{quote} No important UK news to drive it but watch 13.30 lots of US news coming out. Look at ADR it's only around 40% (5 day). Cable will move this afternoon be careful - which way
Hi Claudia, hope you had a good week? Did you/do you normally trade the US news?
used to be undecided but nowadays can't make my mind up
  • #9,726
  • Edited 7:11am Aug 12, 2016 6:01am | Edited 7:11am
Quoting mrcreosote
{quote} Hi Claudia, hope you had a good week? Did you/do you normally trade the US news?
Hi - not really a news trader but watch it to give direction wait for the move like today and sell/buy the retrace. I wasn't around today but that's the sort of thing I look for.
  • #9,727
  • Aug 12, 2016 10:16am Aug 12, 2016 10:16am
Quoting mrcreosote
{quote} Hi Claudia, hope you had a good week? Did you/do you normally trade the US news?
Week finished good.
Attached Image
  • #9,728
  • Aug 12, 2016 10:22am Aug 12, 2016 10:22am
Quoting claudia1
{quote} No important UK news to drive it but watch 13.30 lots of US news coming out. Look at ADR it's only around 40% (5 day). Cable will move this afternoon be careful - which way
Just looked_ 18:21 hours.
Wow ! Spiked up then dropped away. Shame I missed it all. Or, bearing in mind my lack of experience, perhaps it was just as well
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every Saint has a past. Every Sinner has a Future
  • #9,729
  • Aug 12, 2016 10:51am Aug 12, 2016 10:51am
Quoting turnip15
{quote} Just looked_ 18:21 hours. Wow ! Spiked up then dropped away. Shame I missed it all. Or, bearing in mind my lack of experience, perhaps it was just as well {image}
Oh you know what your doing just one piece of the jigsaw missing. You know what it is.
  • #9,730
  • Aug 12, 2016 2:51pm Aug 12, 2016 2:51pm
Quoting claudia1
{quote} Oh you know what your doing just one piece of the jigsaw missing. You know what it is.
I wish :-)
every Saint has a past. Every Sinner has a Future
  • #9,731
  • Aug 12, 2016 8:04pm Aug 12, 2016 8:04pm
Quoting turnip15
@Billytt My Cable trade failed to make 10 and I got out when price retraced. I count this as a loser so far Billy. Would you close up shop now or wait for price to break the low again.... or the high? Your thoughts would be welcome. {image}
t 03-55 Sat morning, Hi Mr T, Fri Cable low failed as you said . If I had traded it though I would of gone short and then countered at the high (2 trades running) I would of been - 32 points down, The Long Trade would of been a bigger lot size. It then made +20 which it nearly always does (actually over 50).
If you have a bad trade sometimes you may not recoup loss the same day but the stats say you will get it back but maybe over a day or two.

edit, What happened Fri does not happen a lot, meaning we had a fail then a good trade then a retrace to make original trade good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,732
  • Aug 12, 2016 8:10pm Aug 12, 2016 8:10pm
Quoting slowbrain
{quote} Billytt Im reading carefully your last 2 posts i have no comments yet to make ... i need to swallow first the informations before i can getback to you ... Sb
Hi, let me try and explain in an easy way.
Cable on Fri had a short trigger and it then retraced, in the circled area on chart I am saying you could of shorted again knowing it had a good chance of dropping which it did, The actual trade did not make + 10 (for stats) but it did make +5, IF you had made a second trade in the circled area of chart you could of made an extra 15 points. or jus an easy 10. This does not always work but it has good stats.
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Click to Enlarge Name: cable12th.PNG Size: 23 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,733
  • Aug 12, 2016 8:14pm Aug 12, 2016 8:14pm
Quoting claudia1
{quote} They should have given you something like 20 free for signing up. Next go open account with Betfair.
I got 2 free £10 bets on joining.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,734
  • Aug 12, 2016 8:16pm Aug 12, 2016 8:16pm
I went dancing Fri evening and yet again it was brilliant and then I worked the door for my friend.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,735
  • Aug 12, 2016 8:19pm Aug 12, 2016 8:19pm
Quoting claudia1
{quote} Week finished good. {image}
Great work, thanks to all on this thread, all good stuff, I am learning heaps..

My big problem at the mo is the time difference between Uk and Oz..it seems to get late quickly here and I have to get to sleep for work...Boohoo,

Maybe one day I can sit up and not get up early for work....when I earn enough on Forex....maybe one day...!!!

Have a great weekend all....
Onwards and upwards...
  • #9,736
  • Aug 12, 2016 8:26pm Aug 12, 2016 8:26pm
Quoting turnip15
{quote} Just looked_ 18:21 hours. Wow ! Spiked up then dropped away. Shame I missed it all. Or, bearing in mind my lack of experience, perhaps it was just as well {image}
Thur Daily range was quite low too. I did not trade Cable Fri as I said, I was hitting A/U

edit, hitting as in , I was trading for a friend not my self, he did pay me though.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,737
  • Aug 12, 2016 8:29pm Aug 12, 2016 8:29pm
Quoting soccerfan
{quote} Great work, thanks to all on this thread, all good stuff, I am learning heaps.. My big problem at the mo is the time difference between Uk and Oz..it seems to get late quickly here and I have to get to sleep for work...Boohoo, Maybe one day I can sit up and not get up early for work....when I earn enough on Forex....maybe one day...!!! Have a great weekend all....
Same here, I could trade off the 00-00 candle but it would mean staying up all night, The stats are best with 04-00 though.
The thing is soccerfan, once you start making money on forex you will stay awake lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,738
  • Aug 12, 2016 8:33pm Aug 12, 2016 8:33pm
04-33 here, I am going to sleep zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,739
  • Edited 11:04pm Aug 12, 2016 10:50pm | Edited 11:04pm
Quoting billytt
{quote} I got 2 free 10 bets on joining.
Do the same same with Coral, Skybet, Ladbrokes etc.

Next have to turn it into real money. Easiest way is to bet on a football match and lay the same game off with Betfair or SMarkets.
  • #9,740
  • Aug 12, 2016 10:55pm Aug 12, 2016 10:55pm
Quoting soccerfan
{quote} Great work, thanks to all on this thread, all good stuff, I am learning heaps.. My big problem at the mo is the time difference between Uk and Oz..it seems to get late quickly here and I have to get to sleep for work...Boohoo, Maybe one day I can sit up and not get up early for work....when I earn enough on Forex....maybe one day...!!! Have a great weekend all....
You are same as Mr T just need confidence!!

Good weekend and watch out for Inter v Celtic more than 2.5 goals in the match.
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