Billytt Die happy trading e/j daily breakout | Page 528 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #10,541
  • Sep 6, 2016 1:01pm Sep 6, 2016 1:01pm
Quoting turnip15
Dax 7 am to 8 am bar breaks as at 1837 hours Food for thought ? {image}
Frankfurt is closed at this time of day so IG or whoever the market maker is just makes a price up.
  • #10,542
  • Sep 6, 2016 1:14pm Sep 6, 2016 1:14pm
Quoting claudia1
{quote} Frankfurt is closed at this time of day so IG or whoever the market maker is just makes a price up.
No it isn't.

Regular trading days:
Settlement at 17:30 CET
(Pre-)Trading starts at 07:30 CET
Full trading starts at 07:50 CET
Closes at 22:00 CET

DAX futures contract spec can be found here: http://www.eurexchange.com/exchange-...idx/dax/17206/

As always: don't trust, do verify

EDIT volume does die off from settlement time.
It takes courage to grow up and become who you really are - E.E. Cummings
  • #10,543
  • Sep 6, 2016 1:19pm Sep 6, 2016 1:19pm
Quoting PippyTheGrt
{quote} No it isn't. Regular trading days: Settlement at 17:30 CET (Pre-)Trading starts at 07:30 CET Full trading starts at 07:50 CET Closes at 22:00 CET DAX futures contract spec can be found here: http://www.eurexchange.com/exchange-...idx/dax/17206/ As always: don't trust, do verify
lol but they aren't talking futures.
  • #10,544
  • Sep 6, 2016 1:34pm Sep 6, 2016 1:34pm
Quoting claudia1
{quote} lol but they aren't talking futures.
Yeah I know, not futures.

Here comes the proverbial "but" LOL.

BUT:
I was reacting w.r.t. "just makes a price up".
Wouldn't you think that IG etc. use futures to hedge the index trading escapades of their customers ?
If I were IG I wouldn't offer the product if I couldn't.
It takes courage to grow up and become who you really are - E.E. Cummings
  • #10,545
  • Sep 6, 2016 2:10pm Sep 6, 2016 2:10pm
Quoting claudia1
{quote} Frankfurt is closed at this time of day so IG or whoever the market maker is just makes a price up.
Sorry -sloppy writing by myself. I simply wanted to show the first few hourly bars after 7 am and limited my chart to finishing on the 4pm hourly bar.

Perhaps a better chart would be as follows:
Attached Image (click to enlarge)
Click to Enlarge Name: Billydax1836.jpg Size: 243 KB
every Saint has a past. Every Sinner has a Future
  • #10,546
  • Sep 6, 2016 6:58pm Sep 6, 2016 6:58pm
[quote=turnip15;9122311]Anyway -Cable 4 am "Billy Bar" high was eventually broken -got your 5 but ten not achieved yet ? And Dax hourly 7 am bar action Comment welcome

I do like that 07-00 bar on Dax and yes it is early days... I posted earlier with a long I made also saying the daily range might be made, but it didn't. It does not matter. Funny thing is ,it dropped shortly after. I had closed all my counter trades down or I would of made a killing.... and now we do it again later... Still gathering stats and trading small but it is keeping me happy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,547
  • Sep 6, 2016 9:57pm Sep 6, 2016 9:57pm
Quoting billytt
Quoting turnip15
Anyway -Cable 4 am "Billy Bar" high was eventually broken -got your 5 but ten not achieved yet ? And Dax hourly 7 am bar action Comment welcome I do like that 07-00 bar on Dax and yes it is early days... I posted earlier with a long I made also saying the daily range might be made, but it didn't. It does not matter. Funny thing is ,it dropped shortly after. I had closed all my counter trades down or I would of made a killing.... and now we do it again later... Still gathering stats and trading small but it is keeping me happy.
...
on Dax your deal with the 1H 07:00 bar ?

Sb
trying to make everyday the best risk/reward decisions possible
  • #10,548
  • Sep 7, 2016 1:25am Sep 7, 2016 1:25am
Very low ADR overnight. Will obviously break one way or another (or both).
Attached Image (click to enlarge)
Click to Enlarge Name: GUWed1.png Size: 26 KB
  • #10,549
  • Sep 7, 2016 2:09am Sep 7, 2016 2:09am
Quoting slowbrain
{quote}{quote} on Dax your deal with the 1H 07:00 bar ? Sb
yes, I am testing it like right now, t 08-09
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,550
  • Sep 7, 2016 2:09am Sep 7, 2016 2:09am
trade well all, I am busy already
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,551
  • Sep 7, 2016 2:15am Sep 7, 2016 2:15am
Quoting claudia1
Very low ADR overnight. Will obviously break one way or another (or both). {image}
Hopefully it will go south...I am still trading Claudia style...20 pips per evening, so long as Missus Soccerfan allows me....

I have had steady success, approx 20 to 30 pips per session...got into a bit of bother somedays but managed to trade out

Looking at the chart, I am attempting to trade a retrace from yesterdays climb

Attached Image (click to enlarge)
Click to Enlarge Name: GBP USD sept 7.png Size: 30 KB


Trade well all
Onwards and upwards...
  • #10,552
  • Sep 7, 2016 2:18am Sep 7, 2016 2:18am
Quoting soccerfan
{quote} Hopefully it will go south...I am still trading Claudia style...20 pips per evening, so long as Missus Soccerfan allows me.... I have had steady success, approx 20 to 30 pips per session...got into a bit of bother somedays but managed to trade out Looking at the chart, I am attempting to trade a retrace from yesterdays climb {image} Trade well all
Sounds good. Average 20 a day you can make a lot of $ - Mrs Soccerfan won't argue with that.
  • #10,553
  • Sep 7, 2016 2:20am Sep 7, 2016 2:20am
t 08-18 A/U low break has made +10 and Dax break of 07-00 bar I made +12 lol.
I am more interested in that 07-00 range being broken out of on the retrace if any.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,554
  • Sep 7, 2016 2:21am Sep 7, 2016 2:21am
Quoting claudia1
{quote} Sounds good. Average 20 a day you can make a lot of $ - Mrs Soccerfan won't argue with that.
yes indeed , 20 per day you can live off same as 5 per day..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,555
  • Sep 7, 2016 2:26am Sep 7, 2016 2:26am
[quote=soccerfan;9124130]{quote} Hopefully it will go south...I am still trading Claudia style...20 pips per evening, so long as Missus Soccerfan allows me.... I have had steady success, approx 20 to 30 pips per session

you are doing well bud, especially if you can get out of a messy trade..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,556
  • Sep 7, 2016 2:29am Sep 7, 2016 2:29am
[quote=billytt;9124159]
Quoting soccerfan
{quote} Hopefully it will go south...I am still trading Claudia style...20 pips per evening, so long as Missus Soccerfan allows me.... I have had steady success, approx 20 to 30 pips per session you are doing well bud, especially if you can get out of a messy trade..
Needs that ability if following me.
  • #10,557
  • Sep 7, 2016 2:30am Sep 7, 2016 2:30am
Dax,,, if that 07-00 1 hour range is visited again, I shall Long it at the high (if it breaks).
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,558
  • Sep 7, 2016 2:32am Sep 7, 2016 2:32am
[quote=claudia1;9124168]
Quoting billytt
{quote} Needs that ability if following me.
we should have a competition to see whose mess is worse than the others??
Actually Claudia, I think your get out of mess would probably frighten me.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,559
  • Sep 7, 2016 2:34am Sep 7, 2016 2:34am
oops I forgot, I have a short on Cable, break of 04-00.

edit, I just realised Cable would of given me +5 but it didn't close??? I know 10 hasn't been made yet t 08-36 hmmmmmmmmm
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,560
  • Sep 7, 2016 2:37am Sep 7, 2016 2:37am
[quote=billytt;9124178]
Quoting claudia1
{quote} we should have a competition to see whose mess is worse than the others?? Actually Claudia, I think your get out of mess would probably frighten me.
Frightens me.

When I look back at yesterday's chart and see up up up. I took 27 shorts yet had the best day for a while money wise.
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