Billytt Die happy trading e/j daily breakout | Page 619 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #12,361
  • Nov 22, 2016 2:20am Nov 22, 2016 2:20am
Just cash in +5 on G/U
trying to make everyday the best risk/reward decisions possible
  • #12,362
  • Nov 22, 2016 2:22am Nov 22, 2016 2:22am
Quoting billytt
Speaking about retrace entry.. On A/U and Cable. Both had trigger and then both retraced so extra points could of been made. This is a slight variation on the actual breakout method.
The one hour candle Billy ?
every Saint has a past. Every Sinner has a Future
  • #12,363
  • Nov 22, 2016 6:01am Nov 22, 2016 6:01am
Cad and EJ one hour dead zone trades ( Middle line of DZ candle not shown)
And Cable 4 hour break update.
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every Saint has a past. Every Sinner has a Future
  • #12,364
  • Nov 22, 2016 8:45am Nov 22, 2016 8:45am
Quoting lemercenaire
{quote} Yep, Daily Colour Change Candle entry as well, if you're into that kind of thing... {image}
What is this? A different method?
  • #12,365
  • Nov 22, 2016 11:11am Nov 22, 2016 11:11am
Quoting BrokeCollege
{quote} What is this? A different method?
Yeah - a little in-joke for Wannalearn. I won't be going down that road any more here, I take up enough room as it is!
  • #12,366
  • Nov 22, 2016 4:04pm Nov 22, 2016 4:04pm
La Zona Muerta para hoy...

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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  • #12,367
  • Nov 22, 2016 4:07pm Nov 22, 2016 4:07pm
Audnzd
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gbpusd
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cadjpy
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nzdusd
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nzdjpy
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  • #12,368
  • Nov 22, 2016 4:07pm Nov 22, 2016 4:07pm
XAUUSD
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  • #12,369
  • Edited 5:17pm Nov 22, 2016 4:30pm | Edited 5:17pm
A really interesting day. All pairs did the necessary, however what made it so interesting was the fact that all but GU hit the profit-point from trades via las zonas mecha. Among those, GN and NJ needed a little more persuasion (both went into failed BreakOuts first) and GU itself went full BreakOut mode from the off.

I took EJ, AU, GU and XU (I would normally look at CJ up front but it seemed a little too ''wicky'' and shallow). Those four had a similar profile and looked set up to perform predictably (or as predictably as any of this game can ever be).
  • #12,370
  • Nov 22, 2016 7:14pm Nov 22, 2016 7:14pm
Quoting turnip15
{quote} The one hour candle Billy ?
Hi Mr T, 03-10 here lol. vampire.. The A/U & Cable reference was for the 04-00 break (4 hour) i still do not have access to my trade Pc as Robert the Spaniard is still running my trades. i just look on my laptop and have stopped looking at the hour bar.(and 30 mins). Hope you are ok.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,371
  • Nov 22, 2016 7:18pm Nov 22, 2016 7:18pm
[quote=lemercenaire;9277948]A really interesting day. All pairs did the necessary, however what made it so interesting was the fact that all but GU hit the profit-point from trades via las zonas mecha.
Nice one bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,372
  • Nov 22, 2016 7:21pm Nov 22, 2016 7:21pm
Has anyone any idea how the guy is doing in the Turkey Thread.
He must be a billionaire by now. The one were he started with 200 and is going to make 200000 in a week or something similar.
i made a vow never to look in the room again lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,373
  • Nov 22, 2016 7:24pm Nov 22, 2016 7:24pm
DANCING TONIGHT,,,, taking my lady too..YAAAAAAAAAAAAAAAY.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,374
  • Nov 22, 2016 11:58pm Nov 22, 2016 11:58pm
Trade well all, 07-57 here, almost ding ding.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,375
  • Nov 23, 2016 12:30am Nov 23, 2016 12:30am
G/U t 08-28
chart is 4 hour bar..
The low broke then retraced upto 12411,, nothing stopping us taking an extra short for extra points....
the trade could well fail but this is one option we have for extra points....
Attached Image


edit,,,, A = 04-00 bar
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,376
  • Nov 23, 2016 12:41am Nov 23, 2016 12:41am
t 08-38
Cable, low broke has made +10.
low broke then retraced as i said in last post, we could of had a second trade IF we had a different method.
Attached Image

this is what happened..
Attached Image

of course we could fail.. we made + 5 and the second trade could of made an extra +10..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,377
  • Nov 23, 2016 12:45am Nov 23, 2016 12:45am
Quoting billytt
G/U t 08-28 chart is 4 hour bar.. The low broke then retraced upto 12411,, nothing stopping us taking an extra short for extra points.... the trade could well fail but this is one option we have for extra points.... {image} edit,,,, A = 04-00 bar
Nice one Billyyt...I caught the Gbp/Usd following the breakout method, suits my time zone at the mo, as it is almost 8 pm here, getting ready for bed...

Have a great day and trade well all,
Onwards and upwards...
  • #12,378
  • Nov 23, 2016 1:00am Nov 23, 2016 1:00am
Quoting soccerfan
{quote} Nice one Billyyt...I caught the Gbp/Usd following the breakout method, suits my time zone at the mo, as it is almost 8 pm here, getting ready for bed... Have a great day and trade well all,
nice one bud, i hope you are ok.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,379
  • Nov 23, 2016 1:05am Nov 23, 2016 1:05am
Quoting soccerfan
{quote} Nice one Billyyt...I caught the Gbp/Usd following the breakout method, suits my time zone at the mo, as it is almost 8 pm here, getting ready for bed... Have a great day and trade well all,
i almost forgot... Regarding that second entry off the retrace (if any).
1st/ If the actual trade fails it fails.
suppose we trade at £2 or $2 per point..(example).
why not instead trade at £1 or $1 on the actual break and then have a second £1 or $1 entry on retrace (if any)for a few extra points... If it is going to fail you will actually lose less unless counter. I hope everyone understands
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,380
  • Nov 23, 2016 1:28am Nov 23, 2016 1:28am
Quoting billytt
{quote} i almost forgot... Regarding that second entry off the retrace (if any). 1st/ If the actual trade fails it fails. suppose we trade at 2 or $2 per point..(example). why not instead trade at 1 or $1 on the actual break and then have a second 1 or $1 entry on retrace (if any)for a few extra points... If it is going to fail you will actually lose less unless counter. I hope everyone understands

billytt

I have tried counter trade on A/U and G/U , several times already with success , but it takes several days to clean the charts ..
I m willing to try to put SL instead , but I'm struggling to define the right one , sometimes to tight or too large ....
I came to the conclusion to use - 12 on A/U and - 18 on G/U as SL , but I like to use the scale in entries system ( one entry at he break and one on the retracement if any at -6 for A/U , - 10 for G/U ) keeping a common SL for both entries (ie for A/U if it fail we will have - 12 and -6 so in fact - 9 on both )

do you believe that such distance for SL makes sense ?

Sb
trying to make everyday the best risk/reward decisions possible
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