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Billytt Die happy trading e/j daily breakout

  • #10,361
  • Sep 2, 2016 2:43pm Sep 2, 2016 2:43pm
Quoting wannalearn12
Bridge of Sighs is my jam - my father breathed the life of music into me.
Well I saw you're avatar of Jimmy Page another fantastic guitarist.
  • #10,362
  • Sep 2, 2016 2:45pm Sep 2, 2016 2:45pm
Inserted Video
  • #10,363
  • Sep 2, 2016 2:46pm Sep 2, 2016 2:46pm
Quoting wannalearn12
Bridge of Sighs is my jam - my father breathed the life of music into me.
I have that album playing now
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,364
  • Sep 2, 2016 2:48pm Sep 2, 2016 2:48pm
Well -wifey has gone to singing practice with the neighbour. So I'm off to the pub with the hubby

Have a good weekend all.
every Saint has a past. Every Sinner has a Future
  • #10,365
  • Sep 2, 2016 2:52pm Sep 2, 2016 2:52pm
answer to a question.. It does not matter the pair or range but + 10 was made.
Attached Image


A= 4 x1 hour candles...
B = break of high.
c = following trigger it retraced before going up.

How do we trade it??.
1/ normally I enter on break as the odds are better for continuation...
2/ OR let it retrace then enter, obviously we do not know how far it will retrace (look for clues)
second way can make you a lot more points and your loss is less if it fails....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,366
  • Sep 2, 2016 2:53pm Sep 2, 2016 2:53pm
Quoting turnip15
Well -wifey has gone to singing practice with the neighbour. So I'm off to the pub with the hubby Have a good weekend all.

See you Mr T, have a good weekend
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,367
  • Sep 2, 2016 2:57pm Sep 2, 2016 2:57pm
Quoting billytt
answer to a question.. It does not matter the pair or range but + 10 was made. {image} A= 4 x1 hour candles... B = break of high. c = following trigger it retraced before going up. How do we trade it??. 1/ normally I enter on break as the odds are better for continuation... 2/ OR let it retrace then enter, obviously we do not know how far it will retrace (look for clues) second way can make you a lot more points and your loss is less if it fails....
Are the 4x1 hour candles represented by a consistent pattern? Those candles look consolidated.
  • #10,368
  • Sep 2, 2016 2:57pm Sep 2, 2016 2:57pm
Quoting turnip15
Well -wifey has gone to singing practice with the neighbour. So I'm off to the pub with the hubby Have a good weekend all.
Enjoy. Look forward to the jobs tomorrow they be planning for you both.
  • #10,369
  • Sep 2, 2016 3:06pm Sep 2, 2016 3:06pm
Quoting wannalearn12
{quote} Are the 4x1 hour candles represented by a consistent pattern? Those candles look consolidated.
good question but forget it.
I used hour candles so you could see the retrace,
I could of used 5 minute candles etc.. you look at the break then trade it OR let it retrace then trade it..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,370
  • Sep 2, 2016 3:10pm Sep 2, 2016 3:10pm
Quoting billytt
{quote} good question but forget it. I used hour candles so you could see the retrace, I could of used 5 minute candles etc.. you look at the break then trade it OR let it retrace then trade it..
I overlooked B - sorry! XD
  • #10,371
  • Sep 2, 2016 3:11pm Sep 2, 2016 3:11pm
Quoting claudia1
{quote} Well I saw you're avatar of Jimmy Page another fantastic guitarist.
I couldn't agree more. Real life superstar
  • #10,372
  • Sep 2, 2016 3:13pm Sep 2, 2016 3:13pm
Quoting wannalearn12
{quote} Are the 4x1 hour candles represented by a consistent pattern? Those candles look consolidated.

BUT,,, you spoke of consolidation.. If we had several 15 minute candles or even 5 min you could do as you stated..
Claudia usually picks up on those things with the different pairs
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,373
  • Sep 2, 2016 3:14pm Sep 2, 2016 3:14pm
Quoting wannalearn12
{quote} I overlooked B - sorry! XD
No problem bud, keep asking questions. Speaking online is confusing at times.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,374
  • Sep 2, 2016 3:17pm Sep 2, 2016 3:17pm
Quoting billytt
{quote} No problem bud, keep asking questions. Speaking online is confusing at times.
Where Swingtrader hiding?
  • #10,375
  • Sep 2, 2016 3:30pm Sep 2, 2016 3:30pm
Quoting billytt
{quote} BUT,,, you spoke of consolidation.. If we had several 15 minute candles or even 5 min you could do as you stated.. Claudia usually picks up on those things with the different pairs
Not 100% sure we on the same thing but here's my chart from Thursday on 15 min.

Shows consolidation and breakout. Good example - of course it's an extreme because of the big move ............. too early in the day for me.
Attached Image (click to enlarge)
Click to Enlarge Name: GU15 Thu.png Size: 14 KB
  • #10,376
  • Sep 2, 2016 3:33pm Sep 2, 2016 3:33pm
Quoting claudia1
https://www.youtube.com/watch?v=JzsvWbgMaUA
Inserted Video
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,377
  • Sep 2, 2016 3:35pm Sep 2, 2016 3:35pm
Quoting claudia1
{quote} Not 100% sure we on the same thing but here's my chart from Thursday on 15 min. Shows consolidation and breakout. Good example - of course it's an extreme because of the big move ............. too early in the day for me. {image}
Inside/Outside bar breaks?
Master candles?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,378
  • Sep 2, 2016 3:36pm Sep 2, 2016 3:36pm
[quote=claudia1;9117503]{quote} Not 100% sure we on the same thing but here's my chart from Thursday on 15 min.

I was trying not to be negative about consolidation bars as I know they do break out.
I am trying to get people to forget about everything just focus on the break of 04-00 candle.
I am away now going to get cleaned up then go clubbing yay.(on door)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,379
  • Sep 2, 2016 3:36pm Sep 2, 2016 3:36pm
Quoting TooSlow
{quote} Inside/Outside bar breaks? Master candles?
No I just look for breaks. Billy's more into that sort of thing.
  • #10,380
  • Sep 2, 2016 3:38pm Sep 2, 2016 3:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 55 KB


Have you had a look at transient zones?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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