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Billytt Die happy trading e/j daily breakout

  • #10,421
  • Sep 4, 2016 6:01pm Sep 4, 2016 6:01pm
Quoting billytt
example... A/U 20-00 4 hour candle...Sunday {image} A = Sunday candle... I WOULD NEVER TRADE THIS,,, BUT if i had all my stats for it .. The low failed and then High broke, in theory it should now go to the modest daily range which is just over 40 away. so either make 40 or compound and make 80.. like I said I would never trade this but if it does win it will show what I am speaking about....
I see! thanks Billy!
  • #10,422
  • Sep 4, 2016 6:04pm Sep 4, 2016 6:04pm
Quoting wannalearn12
{quote} I see! thanks Billy!
edit, if the compound fails it is then PLAN B
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,423
  • Sep 4, 2016 6:15pm Sep 4, 2016 6:15pm
Quoting billytt
{quote} edit, if the compound fails it is then PLAN B
As in shut down and go hide for the rest of the day. XD
  • #10,424
  • Sep 4, 2016 6:25pm Sep 4, 2016 6:25pm
Quoting wannalearn12
{quote} As in shut down and go hide for the rest of the day. XD
yes, lol or go to the pub
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,425
  • Sep 4, 2016 6:30pm Sep 4, 2016 6:30pm
t02-30. I am away now , catch you all later. I will be back for 08-00.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,426
  • Sep 4, 2016 7:14pm Sep 4, 2016 7:14pm
Quoting billytt
example... A/U 20-00 4 hour candle...Sunday {image} A = Sunday candle... I WOULD NEVER TRADE THIS,,, BUT if i had all my stats for it .. The low failed and then High broke, in theory it should now go to the modest daily range which is just over 40 away. so either make 40 or compound and make 80.. like I said I would never trade this but if it does win it will show what I am speaking about....
The reasons for not trading are?
Thank you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,427
  • Sep 4, 2016 7:16pm Sep 4, 2016 7:16pm
Quoting TooSlow
{quote} The reasons for not trading are? Thank you.
Look at the time stamp on the candle. it's the 20-00 bar.
  • #10,428
  • Sep 4, 2016 8:05pm Sep 4, 2016 8:05pm
Quoting wannalearn12
{quote} Look at the time stamp on the candle. it's the 20-00 bar.
OK.
04:00 only.
Thank you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,429
  • Sep 4, 2016 9:13pm Sep 4, 2016 9:13pm
Byllitt

with 04:00 candle break , and looking at retracement after the break , i have looked at A/U and came with the conclusion its 60% 40% .
60% of the time no retracement and 40% of the time we have retracement .
do you agree ?

SB
trying to make everyday the best risk/reward decisions possible
  • #10,430
  • Sep 4, 2016 9:33pm Sep 4, 2016 9:33pm
Cable broke that zone me thinks.
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  • #10,431
  • Edited 10:58pm Sep 4, 2016 10:33pm | Edited 10:58pm
Learning, didn't know how long to hold took at Ds1 added on at retrace. EURJPY Total Pips - 14 - post spread 10.
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  • #10,432
  • Sep 4, 2016 11:44pm Sep 4, 2016 11:44pm
Ready for a new week ...

SB
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trying to make everyday the best risk/reward decisions possible
  • #10,433
  • Sep 4, 2016 11:44pm Sep 4, 2016 11:44pm
Quoting slowbrain
Ready for a new week ... SB {image}
Have a good week.
  • #10,434
  • Sep 5, 2016 12:07am Sep 5, 2016 12:07am
GBPUSD Broke the 04-00 Low, I have them marked with green lines. Took the pips out. I am not greedy, Also compounded on retrace boy oh boy
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  • #10,435
  • Sep 5, 2016 12:25am Sep 5, 2016 12:25am
Hi all, the A/u compound example...
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A= Sunday high,,, as stated the low broke and failed we then entered off the High... It made + 20 at (B) so we either closed trade and then re entered at £2 per point OR we added another lot. It then made another +7/8 ..
What happens now??? if it keeps going up good OR if it starts to drop close it... ..
as long as you are in profit that is good... wait for next set up..OR you can play the stop.....

I do not use stops as such.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,436
  • Sep 5, 2016 12:34am Sep 5, 2016 12:34am
Cable,,,, 04-00 low broke for +10 .. a good start
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,437
  • Sep 5, 2016 12:37am Sep 5, 2016 12:37am
Quoting TooSlow
{quote} The reasons for not trading are? Thank you.
Mainly because it is Sunday candle and secondly the stats wouldn't make me confident... OK for a normal trade of getting + 10 but if I am looking for a daily range , Sunday is a NO NO.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,438
  • Sep 5, 2016 12:39am Sep 5, 2016 12:39am
Quoting billytt
Hi all, the A/u compound example... {image} A= Sunday high,,, as stated the low broke and failed we then entered off the High... It made + 20 at (B) so we either closed trade and then re entered at 2 per point OR we added another lot. It then made another +7/8 .. What happens now??? if it keeps going up good OR if it starts to drop close it... .. as long as you are in profit that is good... wait for next set up..OR you can play the stop..... I do not use stops as such.
Very detailed will study.
  • #10,439
  • Sep 5, 2016 1:05am Sep 5, 2016 1:05am
Quoting billytt
{quote} Mainly because it is Sunday candle and secondly the stats wouldn't make me confident... OK for a normal trade of getting + 10 but if I am looking for a daily range , Sunday is a NO NO.
Hi Guys..do you know there is no such thing as a sunday candle..? it is in fact a monday candle when Sydney and Tokyo opens..

When I lived in UK i too thought there was sunday trading going on....Now I am in Oz i realise that it is just another day

regards to all
Onwards and upwards...
  • #10,440
  • Sep 5, 2016 1:09am Sep 5, 2016 1:09am
Cable at 09:08 hours
"Billy Bar" short got at least five Billy

Edit: oops ! Billy already posted a chart
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