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Billytt Die happy trading e/j daily breakout

  • #12,141
  • Nov 9, 2016 3:18am Nov 9, 2016 3:18am
SB, we had a fail on A/U yesterday, i can talk you through it if you want. OR if any one wants to know.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,142
  • Nov 9, 2016 3:26am Nov 9, 2016 3:26am
Quoting billytt
SB, we had a fail on A/U yesterday, i can talk you through it if you want. OR if any one wants to know.

for sure billytt im in it .... in limbo hedge 100% thank you
trying to make everyday the best risk/reward decisions possible
  • #12,143
  • Nov 9, 2016 5:01am Nov 9, 2016 5:01am
Cable broke short - 4 am bar
CAD 1 Hour bar ( 7 am ) - Action seems contained within one hour bar -I show the half hour as per Lem-His wick zones are, again worthy of study imho.
Not shown Dax 7 am hourly bar ( Billies idea) - it shot away. But then, today will probably an unusual day in light of US election ?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Cable4H11am.jpg Size: 234 KB
every Saint has a past. Every Sinner has a Future
  • #12,144
  • Nov 9, 2016 8:41am Nov 9, 2016 8:41am
I had a really good day trading today (+46.5 pips) and it was all due to the practice taught by this thread. Take small breakout trades. Don't be greedy. Be happy with what you get. Now those 46 pips were on multiple entries - all breakout trades -- some using Billy type trades and some using Lems type trades. Thank you both.
I am through for the day so I don't screw it up.
  • #12,145
  • Nov 9, 2016 11:06am Nov 9, 2016 11:06am
Quoting tomthepoppop
I had a really good day trading today (+46.5 pips) and it was all due to the practice taught by this thread. Take small breakout trades. Don't be greedy. Be happy with what you get. Now those 46 pips were on multiple entries - all breakout trades -- some using Billy type trades and some using Lems type trades. Thank you both. I am through for the day so I don't screw it up.
yay. nice one tomthepoppop, keep doing it......
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,146
  • Nov 9, 2016 11:08am Nov 9, 2016 11:08am
SB i will comment on that fail yesterday later. I have been busy all day collating stats on an idea i have had.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,147
  • Nov 9, 2016 11:10am Nov 9, 2016 11:10am
Hi all, as quoted in last post i have been busy with an idea and i am sure i will tell you about it sometime.
Robert my trader has had a good day but she will not say how good.
Take care all, Billy is getting his dance shoes ready and then taking my lady out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,148
  • Nov 9, 2016 1:05pm Nov 9, 2016 1:05pm
Quoting turnip15
Cable broke short - 4 am bar CAD 1 Hour bar ( 7 am ) - Action seems contained within one hour bar -I show the half hour as per Lem-His wick zones are, again worthy of study imho. Not shown Dax 7 am hourly bar ( Billies idea) - it shot away. But then, today will probably an unusual day in light of US election ? {image} {image}
Horatio says, ''Winner of the Understatement of The Year award goes to...''

Attached Image
  • #12,149
  • Nov 9, 2016 1:07pm Nov 9, 2016 1:07pm
Quoting tomthepoppop
I had a really good day trading today (+46.5 pips) and it was all due to the practice taught by this thread. Take small breakout trades. Don't be greedy. Be happy with what you get. Now those 46 pips were on multiple entries - all breakout trades -- some using Billy type trades and some using Lems type trades. Thank you both. I am through for the day so I don't screw it up.
Excellent stuff, Tom - keep it up!
  • #12,150
  • Nov 9, 2016 1:44pm Nov 9, 2016 1:44pm
Quoting tomthepoppop
I had a really good day trading today (+46.5 pips) and it was all due to the practice taught by this thread. Take small breakout trades. Don't be greedy. Be happy with what you get. Now those 46 pips were on multiple entries - all breakout trades -- some using Billy type trades and some using Lems type trades. Thank you both. I am through for the day so I don't screw it up.
Wise decision.


Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #12,151
  • Nov 9, 2016 4:57pm Nov 9, 2016 4:57pm
Hi all. Well, that was that - and we'll all see how it pans out soon enough - but as far as The Dead Zone goes, it was pretty much business as usual.

As noted before, except for one small play which paid off, I was not trading today. However, it is nice to see the method continue to just get on with business. Any bonkers spread shenanigans aside, here's how it looked...

EURJPY
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USDCAD
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AUDUSD
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USDNOK
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GBPNZD
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  • #12,152
  • Nov 9, 2016 5:00pm Nov 9, 2016 5:00pm
Audnzd
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gbpusd
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cadjpy
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nzdusd
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  • #12,153
  • Nov 9, 2016 9:28pm Nov 9, 2016 9:28pm
Quoting lemercenaire
Hi all. Well, that was that - and we'll all see how it pans out soon enough - but as far as The Dead Zone goes, it was pretty much business as usual. As noted before, except for one small play which paid off, I was not trading today. However, it is nice to see the method continue to just get on with business. Any bonkers spread shenanigans aside, here's how it looked... EURJPY {image} USDCAD {image} AUDUSD {image} USDNOK {image} GBPNZD {image}
Lemercenaire

It always helps me to be clear in my own mind if I repeat something back. So for clarity, do I have the following correct?

In one of your previous post you explain :

If once the Trigger Candle closes and either breaks and does not make my tp (+5) or doesn't break at all and price drops back inside the range and it continues to drop, I will counter-trade the cross of the mid-line. If it then keeps on going into a breakout (leaving that zone but to the outside), I will add in. The profit on the first trade will be locked in now. Both trades are treated as separate trades.

does it means that in this example you open long first and if price drops to the mid-line you open short and add if price keeps on going into a breakout short you add to it ?

SB
trying to make everyday the best risk/reward decisions possible
  • #12,154
  • Nov 10, 2016 2:15am Nov 10, 2016 2:15am
hi all

even the daily range was a bit high already , i get +5 at the break high of 04:00 candle

SB
trying to make everyday the best risk/reward decisions possible
  • #12,155
  • Nov 10, 2016 2:55am Nov 10, 2016 2:55am
Quoting slowbrain
{quote} Lemercenaire It always helps me to be clear in my own mind if I repeat something back. So for clarity, do I have the following correct? In one of your previous post you explain : If once the Trigger Candle closes and either breaks and does not make my tp (+5) or doesn't break at all and price drops back inside the range and it continues to drop, I will counter-trade the cross of the mid-line. If it then keeps on going into a breakout (leaving that zone but to the outside), I will add in. The profit on the first trade will be locked in now....
''...does it means that in this example you open long first and if price drops to the mid-line you open short and add if price keeps on going into a breakout short you add to it ? ''

Yes. You got it.
  • #12,156
  • Nov 10, 2016 3:10am Nov 10, 2016 3:10am
Hi all, i have trading off my laptop... I wont tell you what happened but i didn't lose lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,157
  • Nov 10, 2016 3:15am Nov 10, 2016 3:15am
I am trying something out.
My next trade will be the break of the 08-00 /12-00 4 hour candle on A/U it doesn't matter which direction..
I shall keep you informed.
Attached Image

it will be traded off the latest bar on chart.... OBVIOUSLY that bar has not closed yet t 09-15, we still have 2 hrs 45 mins to go
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,158
  • Nov 10, 2016 3:22am Nov 10, 2016 3:22am
Dancing last evening was brilliant, yet again....
My lady friend (the maths lecturer) informs me she has got us tickets to see Simply Red next year IN AMSTERDAM yay... not sure about seeing Mick Hucknall lol.
Last night she asked if i wanted to go to either Hong Kong or Singapore.. i replied erm erm maybe ,,,then she said TO LIVE yay ..
Not sure about that but the food is tempting, maybe go and open up an English Take Away lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,159
  • Nov 10, 2016 3:34am Nov 10, 2016 3:34am
Quoting lemercenaire
{quote} ''...does it means that in this example you open long first and if price drops to the mid-line you open short and add if price keeps on going into a breakout short you add to it ? '' Yes. You got it.
Thanks Lemercenaire ...... one more question , when do you close your long if you close it ?
trying to make everyday the best risk/reward decisions possible
  • #12,160
  • Nov 10, 2016 3:35am Nov 10, 2016 3:35am
@Billytt
CAD 7 am 1 hour bar
Cable 4 am 4 hour break
Billy - Dax not shown but hourly break of 7 am took off again
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Cable4h0931.jpg Size: 238 KB
Click to Enlarge Name: CAD1H0928.jpg Size: 249 KB
every Saint has a past. Every Sinner has a Future
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