Billytt Die happy trading e/j daily breakout | Page 580 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #11,581
  • Oct 4, 2016 4:00am Oct 4, 2016 4:00am
Cad hourly -short failed target
Cable a ten +
And Billie's Dax hourly 7 am bar break ( Long and short) he refers to above.
As an aside the 6 am hourly bar break that Billy alludes to would be interesting to track because it includes the German open?
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every Saint has a past. Every Sinner has a Future
  • #11,582
  • Oct 4, 2016 4:37am Oct 4, 2016 4:37am
Quoting turnip15
Cad hourly -short failed target Cable a ten + And Billie's Dax hourly 7 am bar break ( Long and short) he refers to above. As an aside the 6 am hourly bar break that Billy alludes to would be interesting to track because it includes the German open? {image} {image} {image}
Hi Mr T, the 06-00 bar is interesting and the only reason i am not concentrating on it is the actual time. I actually do sleep lol. IF i had to trade i would be up before 06-00 and maybe in the future i will look at it.. It is showing very good results though.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,583
  • Oct 4, 2016 4:43am Oct 4, 2016 4:43am
Quoting billytt
{quote} Hi Mr T, the 06-00 bar is interesting and the only reason i am not concentrating on it is the actual time. I actually do sleep lol. IF i had to trade i would be up before 06-00 and maybe in the future i will look at it.. It is showing very good results though.
I need to go get some! Pulled an all-nighter to get these. Don't usually do it but just sheer bloody-mindedness after got fingers slightly singed on yesterday's E/J...

EURJPY
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GBPUSD
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GBPNZD
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AUDUSD - Inside-Break Trade
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Really hitting the wall now, so know when to quit while ahead.
  • #11,584
  • Oct 4, 2016 6:23am Oct 4, 2016 6:23am
Quoting lemercenaire
{quote} I need to go get some! Pulled an all-nighter to get these. Don't usually do it but just sheer bloody-mindedness after got fingers slightly singed on yesterday's E/J... EURJPY {image} GBPUSD {image} GBPNZD {image} AUDUSD - Inside-Break Trade {image} Really hitting the wall now, so know when to quit while ahead.
Great job
Going haywire on new smilies, I know
It takes courage to grow up and become who you really are - E.E. Cummings
  • #11,585
  • Edited 9:37am Oct 4, 2016 9:01am | Edited 9:37am
Quoting swingtrade65
{quote} Claudia.....you and I have had this conversation / discussion a couple of times over the years There will ALWAYS be a need for human intervention at some point.....you simply cannot write code that covers every decision that a prop trader makes. I have a couple of EA's and a couple of Tradestation strategies that are really good at getting me into positions at proper levels..... The exits are the hard part because that is where the money is made. Things such as "how" a pair or index approach a support or resistance level make all the difference...
Hi ST - yep I know we did.

My reason for getting involved with ea's was not to have fully automated trading (be good but I could never resist the temptation to interfere).

I admit I did think it was possible to have full automation - Hanover put me right.

Way I trade and have for too many years is simple. The entry doesn't matter too much as I know I can fight my way out most of the time. Exits are tough as it's always tempting to take a profit. We've all been in front and then see the thing go the other way.

For me I set goals in terms of £ not points and when hit that's it. If not continue through the night until they are - said it many times here. (The guy posted earlier seems to have the same approach).

Rambling on a bit lol hope you ok.
  • #11,586
  • Oct 4, 2016 1:23pm Oct 4, 2016 1:23pm
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The hour before the NY session usually gives nice breakout levels for euyjpy.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,587
  • Oct 4, 2016 3:36pm Oct 4, 2016 3:36pm
Quoting TooSlow
{image} The hour before the NY session usually gives nice breakout levels for euyjpy.
Will check that out. Thanks.
What is the meta trader indicator you use on right to enable you to switch between pairs on single chart?
looks very useful
  • #11,588
  • Oct 4, 2016 7:18pm Oct 4, 2016 7:18pm
Quoting bluemosaic
{quote} Will check that out. Thanks. What is the meta trader indicator you use on right to enable you to switch between pairs on single chart? looks very useful
It comes from another "galaxy".
Here is one from the FF galaxy: http://www.forexfactory.com/showthre...25#post8641725
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11,589
  • Oct 5, 2016 1:53am Oct 5, 2016 1:53am
Range on the A/U 04-00 bar is around 45 - feels on the high side. Is that fair to say?
  • #11,590
  • Oct 5, 2016 1:54am Oct 5, 2016 1:54am
Quoting TooSlow
{quote} It comes from another "galaxy". Here is one from the FF galaxy: http://www.forexfactory.com/showthre...25#post8641725
thank you very much
  • #11,591
  • Oct 5, 2016 2:18am Oct 5, 2016 2:18am
A big move down on the FRANKFURT open, watch for a retrace before a breakout of the 4 hour at London and the move down..??

How far down can the GBP go..??


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Onwards and upwards...
  • #11,592
  • Oct 5, 2016 2:53am Oct 5, 2016 2:53am
Quoting soccerfan
A big move down on the FRANKFURT open, watch for a retrace before a breakout of the 4 hour at London and the move down..?? How far down can the GBP go..?? {image}
DON'T THINK ! ,,, trade the method, trade the triggers. Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,593
  • Oct 5, 2016 4:16am Oct 5, 2016 4:16am
Quoting bluemosaic
Range on the A/U 04-00 bar is around 45 - feels on the high side. Is that fair to say?
yes indeed, 45 is high especially when it isnt moving much.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,594
  • Edited 4:39am Oct 5, 2016 4:23am | Edited 4:39am
not for the nervous, trade off the 07-30 candle on Dax. That is 30 minute .
Be prepared to have several trades running and countering.. Lots of fun lots of %%%%%

edit...Sorry, i made an error .It is the 07-30 bar... trade off the 30 minute bar..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,595
  • Oct 5, 2016 4:28am Oct 5, 2016 4:28am
I have to stop trading the G/U - always seem to lose. Don;t know what is the matter with me!
  • #11,596
  • Oct 5, 2016 4:33am Oct 5, 2016 4:33am
Quoting bluemosaic
I have to stop trading the G/U - always seem to lose. Don;t know what is the matter with me!
Read the Claudia posts and look at my trade explorer...so far , so good...not easy but doable....Keep the faith,,

Take care...:-)
Onwards and upwards...
  • #11,597
  • Oct 5, 2016 4:42am Oct 5, 2016 4:42am
Quoting bluemosaic
I have to stop trading the G/U - always seem to lose. Don;t know what is the matter with me!
Have you got a method? You need a legit trigger. If in doubt stay out.. I am saying this in positive nice way..
Cable drops down big time and i personally think it will go up lol ...DON'T THINK BILLY. trade the triggers .except i haven't touched Cable for ages
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,598
  • Oct 5, 2016 4:52am Oct 5, 2016 4:52am
Thanks Billy and Soccerfan - I am being really stupid in the way I am trading it. With other currencies am waiting for the break of 4h and taking a few pips. I don;t know whether it is because it it whips around so much but I seem to try and pre-empt that break. In the last case this morning I thought it was re-tracing from the 04-00 low and so sold at the re-trace expecting it to fall and got stopped out. Seem to do that a lotwith cable rather than just waiting for the 04-00 break....
  • #11,599
  • Oct 5, 2016 7:02am Oct 5, 2016 7:02am
[quote=bluemosaic;9179410]Thanks Billy and Soccerfan - I am being really stupid in the way I am trading it.

The main reason i started trading A/U was because it moves slower.(NOT ALWAYS) it is easier to trade with excellent results. The reason i started trading off 04-00 bar is because it is easier than the Daily..I will always go for easy options.lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,600
  • Oct 5, 2016 7:15am Oct 5, 2016 7:15am
Got my +5's on EJ, AU, GU and GN through the morning, from 07:15 to 08:45. Had to fight for them though in a combination of outside and inside breaks and counters and in retrospect should have listened to my gut and stayed out and gone elsewhere. Too many big candles...but it's only +5, right? How hard can it be?
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