Billytt Die happy trading e/j daily breakout | Page 629 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #12,561
  • Dec 2, 2016 10:59am Dec 2, 2016 10:59am
Quoting billytt
{quote} {image} Most things can be freely discussed here excluding bolly bands, football/soccer and bestiality. edit,,, ok, maybe bestiality if worded nicely..moooo
wut... LOL
  • #12,562
  • Dec 2, 2016 11:54am Dec 2, 2016 11:54am
Quoting wannalearn12
{quote} wut... LOL
Well.... Billy is a turkey....
  • #12,563
  • Dec 2, 2016 5:47pm Dec 2, 2016 5:47pm
Quoting turnip15
My last CAD Dead Zone post - Lem does them so much better. Lem -is there an ea for centering he 12 to 1pm bar ? Four hour Cable still turning in the pips Billy. {image}
Lem -is there an ea for centering he 12 to 1pm bar ?
Attached Image
  • #12,564
  • Dec 2, 2016 6:39pm Dec 2, 2016 6:39pm
Quoting billytt
{quote} {image} Most things can be freely discussed here excluding bolly bands, football/soccer and bestiality. edit,,, ok, maybe bestiality if worded nicely..moooo
Man...that photo...
  • #12,565
  • Dec 2, 2016 6:53pm Dec 2, 2016 6:53pm
Quoting wannalearn12
{quote} Time to pretend like I know what I am doing. {image}
Nicely done. Just for the sake of talking - here's an example of how I would have done it (outside of using any indi). The first entry is aggressive but only actually gains about 5 pips more, the second, conservative entry gets the job done and only a few pips less than you bagged. Swings and roundabouts...

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  • #12,566
  • Edited 7:43pm Dec 2, 2016 7:02pm | Edited 7:43pm
Right - as noted earlier, I didn't take any Dead Zone action today. Not through any fear of NFP or anything - you'd have bagged a ton-and-a-half of goodness if you had played the game (spiky spreads allowing) - just other things to do and I don't normally trade a Friday arvo anyway. That Daily W+#*k-Z+#*e trade kept me well happy enough.

Here are the set-ups on the day, for the record...

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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  • #12,567
  • Dec 2, 2016 7:05pm Dec 2, 2016 7:05pm
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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  • #12,568
  • Dec 2, 2016 7:06pm Dec 2, 2016 7:06pm
XAUUSD
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  • #12,569
  • Dec 2, 2016 10:13pm Dec 2, 2016 10:13pm
Quoting lemercenaire
All I did live after Frankfurt today was to play back inside the previous Daily Candle on EURNZD, utilising Alien Technology, short only. Got two nice locked-in +20s before being spread-spiked out of the second one by NFP nonsense and missing out on the full +85 pip move...barstewards!!! {image} Edit: Should be noted that at the time of the trades, the strength-meter had NZD as strongest and EUR as weakest, not as shown in the chart here, after time has moved on.
That meter is something useful. Saved me a few times.
  • #12,570
  • Dec 3, 2016 1:57am Dec 3, 2016 1:57am
Quoting lemercenaire
XAUUSD {image}
Have a look at it on 4h.
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  • #12,571
  • Dec 3, 2016 3:56am Dec 3, 2016 3:56am
Thanks for the pointer to that pair,
every Saint has a past. Every Sinner has a Future
  • #12,572
  • Dec 3, 2016 4:00am Dec 3, 2016 4:00am
Quoting lemercenaire
{quote} Lem -is there an ea for centering he 12 to 1pm bar ? {image}
I'm outta here
every Saint has a past. Every Sinner has a Future
  • #12,573
  • Dec 3, 2016 8:24am Dec 3, 2016 8:24am
Quoting claudia1
{quote} Have a look at it on 4h. {image}
Is it likely that that repeating downwards pattern will keep on going, or will that price action be more likely to blow northwards? Does it matter - it's going to go one way or another, right?
  • #12,574
  • Edited 10:08am Dec 3, 2016 8:26am | Edited 10:08am
Quoting turnip15
{quote} I'm outta here
The husky, he say, nooooooooooooooo...

I don't do EAs, they're against my religion
  • #12,575
  • Dec 3, 2016 10:06am Dec 3, 2016 10:06am
Quoting turnip15
My last CAD Dead Zone post - Lem does them so much better. Lem -is there an ea for centering he 12 to 1pm bar ? Four hour Cable still turning in the pips Billy. {image}
Lem -is there an ea for centering he 12 to 1pm bar ?
Hi T15. In among the humour (and we were only teasing), it suddenly has occurred to me that I have got the wrong end of the stick. I had assumed that the word ''centering'' was a typo and you meant ''entering''...If however, there was no typo and you were asking about the ''mid-line'' on the bar (?) then sorry, that makes sense!!!

I have actually been supplied with Alien Technology which will do this automatically as well as set the H/L limits but haven't got around to attaching it to my charts yet. The way I do it now - and it actually makes it dead easy - is that I set my grey box but do not finalize it (in mt4). Doing this leaves not only the corners marked but the centre. I then use that centre mark to move my yellow mid-line to the exact mid-point of the H1 candle. Then I finalize the box dimensions. It takes no time at all to do.

If that's what you were asking, I hope that helps.
  • #12,576
  • Dec 3, 2016 10:21am Dec 3, 2016 10:21am
Quoting lemercenaire
{quote} Lem -is there an ea for centering he 12 to 1pm bar ? Hi T15. In among the humour (and we were only teasing), it suddenly has occurred to me that I have got the wrong end of the stick. I had assumed that the word ''centering'' was a typo and you meant ''entering''...If however, there was no typo and you were asking about the ''mid-line'' on the bar (?) then sorry, that makes sense!!! I have actually been supplied with Alien Technology which will do this automatically as well as set the H/L limits but haven't got around to attaching it to...
Thanks Lem. That's exactly what I was after. Thanks again.
every Saint has a past. Every Sinner has a Future
  • #12,577
  • Dec 3, 2016 1:31pm Dec 3, 2016 1:31pm
Quoting turnip15
{quote} Thanks Lem. That's exactly what I was after. Thanks again.
Cool, cool. One thing to remember is to use the mid-line carefully. It most certainly attracts price as it moves through the box, however this does not mean that it is always a good place to enter a trade. What tends to happen is that price will use the mid-line to pivot around - so making it an excellent take-profit point or partial close - before either turning again and continuing on, or turning completely. Other price action can give clues as to which is more likely.

If you use it to enter a trade, then be ready to counter/hedge quickly until a direction becomes clear and in fact, that is how I most use the mid-line, as a hedge/counter point.
  • #12,578
  • Edited 9:30pm Dec 3, 2016 5:54pm | Edited 9:30pm
Quoting lemercenaire
{quote} Is it likely that that repeating downwards pattern will keep on going, or will that price action be more likely to blow northwards? Does it matter - it's going to go one way or another, right?
lol yep ! One way or another it will go.

Here's my take on the 60 min.

Seem to have a short term resistance level from last week. Starting to consolidate nicely on the 1 hour running into Friday close. Red line is the one to be tested or a bounce off maybe. Got some support down there.

Of course it could just go up !

Not the most positive of analysis but one of the lines will break.
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  • #12,579
  • Dec 4, 2016 10:29am Dec 4, 2016 10:29am
[quote=claudia1;9313621]{quote} lol yep ! One way or another it will go.

Not the most positive of analysis but one of the lines will break.

Lines will always break,
hope everyone is having a good weekend.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,580
  • Dec 4, 2016 11:54am Dec 4, 2016 11:54am
Quoting claudia1
{quote} lol yep ! One way or another it will go. Here's my take on the 60 min. Seem to have a short term resistance level from last week. Starting to consolidate nicely on the 1 hour running into Friday close. Red line is the one to be tested or a bounce off maybe. Got some support down there. Of course it could just go up ! Not the most positive of analysis but one of the lines will break. {image}
Can't even get in on this, trading fx in the US is like trying to be a four foot tall pro basketball player, but it has been done
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