Billytt Die happy trading e/j daily breakout | Page 539 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #10,761
  • Edited 7:00pm Sep 8, 2016 6:40pm | Edited 7:00pm
I have just taken a look at Nasdaq 100 (us tech 100) it looks very sedate and very tradable off the 23-00 and 13-00 hour candle (UK Time).
I only looked at the hour candle but will look at lower time frames for whip. This will take several days and I will keep you informed. Thank you Swingtrader

edit,, and off the 06-00 candle... I originally looked at 1 hour candle but I think the 2 hour candle is more suited to me..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,762
  • Sep 8, 2016 7:07pm Sep 8, 2016 7:07pm
Quoting billytt
{quote} my stats for E/J on the 04-00 break could be better lol, I personally leave it alone.. edit,, E/J for last 20 trades we had 19 wins and 1 loss lol. The loss was on 2nd Sept. 3 trades less than 20 points. that tells a story..
I am checking through the beginning of the year, I will update you with the stats if you want
  • #10,763
  • Sep 8, 2016 7:09pm Sep 8, 2016 7:09pm
I just looked at the Turkey thread again 50 -20000, it makes my blood boil.
The turkeys don't see the point, 400 leverage any competent trader can get massive returns with less risk..
I'm glad I do not know any of them...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,764
  • Sep 8, 2016 7:12pm Sep 8, 2016 7:12pm
Quoting wannalearn12
{quote} I am checking through the beginning of the year, I will update you with the stats if you want
you can bud but I have my own stats mainly Daily though.
If I have an idea /plan I look into it and if I see a couple of bad trades on my first chart I don't bother researching. I think that is what happened with E/J 04-00 break.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,765
  • Sep 8, 2016 7:20pm Sep 8, 2016 7:20pm
Quoting claudia1
{quote} Sounds good. Average 20 a day you can make a lot of $ - Mrs Soccerfan won't argue with that.
Thanks for your kind words,
I still feel that I am selling with a view to martingale my stake,,,,it has worked so far but I think I shall get into trouble soon...


still small $$$$ ..Cheers
Onwards and upwards...
  • #10,766
  • Sep 8, 2016 7:22pm Sep 8, 2016 7:22pm
Quoting billytt
{quote} yes indeed , 20 per day you can live off same as 5 per day..
Thanks BT, it is hard to manage when I run into trouble, knowing how to handle the losses is all part of it I suppose..!!

Enjoy your weekend,,,Cheers
Onwards and upwards...
  • #10,767
  • Sep 8, 2016 7:22pm Sep 8, 2016 7:22pm
Results
Attached Image (click to enlarge)
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  • #10,768
  • Sep 8, 2016 7:29pm Sep 8, 2016 7:29pm
Quoting soccerfan
{quote} Thanks for your kind words, I still feel that I am selling with a view to martingale my stake,,,,it has worked so far but I think I shall get into trouble soon... still small $$$$ ..Cheers
martingale is the idiotic way of a person thinking they can recoup losses..
You can make bigger lot size with experience knowing this is not martingale, I hate people who say ooooooooo that's Martingale as soon as you raise stake. You have to be confident of trading method..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,769
  • Sep 8, 2016 7:31pm Sep 8, 2016 7:31pm
Quoting wannalearn12
Results {image}
nice trades, it is odd to see so many Longs lol.. Keep it going
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,770
  • Sep 8, 2016 7:33pm Sep 8, 2016 7:33pm
Nasdaq 100. forget the 23-00 candle or 22-00 .
At this moment I see it whips quite a lot after my trigger and I am not sure if I would like to have several triggers to set... Still early days lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,771
  • Sep 8, 2016 7:44pm Sep 8, 2016 7:44pm
Quoting billytt
{quote} nice trades, it is odd to see so many Longs lol.. Keep it going
I just traded the triggers. AUDUSD broke high of day and I grab some and exited... waited for it to break the high of 04-00 and grabbed some more. The other trigger was the 04-00 break of gbpusd, I added in positions on all of the retraces. I only really add in when it hits the high and bounces, never when it hits and goes for 5 and then back. Eurjpy was an 04-00 trigger... just had a lot of momentum... I guess they call it trading.
  • #10,772
  • Sep 8, 2016 7:49pm Sep 8, 2016 7:49pm
[quote=wannalearn12;9128441]{quote} I just traded the triggers. AUDUSD broke high of day and I grab some and exited... waited for it to break the high of 04-00 and grabbed some more. The other trigger was the 04-00 break of gbpusd, I added in positions on all of the retraces. I only really add in when it hits the high and bounces, never when it hits and goes for 5 and then back


I can only say perfect, you are thinking the right way.. with the retrace as long as it doesn't go +10 before retrace it is normally ok to enter for more...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,773
  • Sep 8, 2016 7:56pm Sep 8, 2016 7:56pm
Quoting billytt
Quoting wannalearn12
{quote} I just traded the triggers. AUDUSD broke high of day and I grab some and exited... waited for it to break the high of 04-00 and grabbed some more. The other trigger was the 04-00 break of gbpusd, I added in positions on all of the retraces. I only really add in when it hits the high and bounces, never when it hits and goes for 5 and then back I can only say perfect, you are thinking the right way.. with the retrace as long as it doesn't go +10 before retrace it is normally ok to enter for more...
...

YES. The information I needed. I will keep you updated, sir. I have been staying up all night to trade, going to class, then work, gym, home work, chart study repeat.... I will sleep like a babe post nursing this weekend.
  • #10,774
  • Sep 8, 2016 8:43pm Sep 8, 2016 8:43pm
Quoting wannalearn12
{quote}{quote} YES. The information I needed. I will keep you updated, sir. I have been staying up all night to trade, going to class, then work, gym, home work, chart study repeat.... I will sleep like a babe post nursing this weekend.
you will probably notice things yourself on the charts to help or modify a method.
Don't get too confident though (nothing personal) you will have bad trades and you will find your own way to fix it.
either counter or next trigger raise the lot, OR even use another pair to help.
You want more money at the end of the day than you started with.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,775
  • Sep 8, 2016 8:54pm Sep 8, 2016 8:54pm
Quoting billytt
{quote} you will probably notice things yourself on the charts to help or modify a method. Don't get too confident though (nothing personal) you will have bad trades and you will find your own way to fix it. either counter or next trigger raise the lot, OR even use another pair to help. You want more money at the end of the day than you started with.
Okay. I am interested in counter trading... looking into it
  • #10,776
  • Sep 8, 2016 11:41pm Sep 8, 2016 11:41pm
Quoting billytt
{quote} martingale is the idiotic way of a person thinking they can recoup losses.. You can make bigger lot size with experience knowing this is not martingale, I hate people who say ooooooooo that's Martingale as soon as you raise stake. You have to be confident of trading method..
Very true words, I am trying not to raise lot size too much or too soon,

I have to stick to the plan and have faith and patience too....so far so good,,,cheers
Onwards and upwards...
  • #10,777
  • Sep 9, 2016 2:08am Sep 9, 2016 2:08am
Quoting soccerfan
{quote} Very true words, I am trying not to raise lot size too much or too soon, I have to stick to the plan and have faith and patience too....so far so good,,,cheers
That's the word !!
  • #10,778
  • Sep 9, 2016 2:15am Sep 9, 2016 2:15am
Need to break the 00 a bit of bad news and down down down. We will see.
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  • #10,779
  • Sep 9, 2016 2:19am Sep 9, 2016 2:19am
Morning t 08-18. I got 5 on Cable , entered on retrace of break then got out. I got 14 on Dax lol. no idea why 14 but it seemed ok lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,780
  • Sep 9, 2016 2:20am Sep 9, 2016 2:20am
If dax retraces back into 07-00 range I will look to long on the break, lets see.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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