Billytt Die happy trading e/j daily breakout | Page 682 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #13,621
  • Jan 11, 2017 4:28pm Jan 11, 2017 4:28pm
Cable looks like it is going to go,Its been consolidating for a while now. i wont be trading it.

t00-28
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,622
  • Jan 11, 2017 4:35pm Jan 11, 2017 4:35pm
Quoting FOURX
You can only make 1 trade a day Billy .It either hits your +5 or -15 stop loss,no counter trade if it goes wrong like you do. What at line would it be mate?
Hi bud hope your good.. A good line to me is the High/Low of the 04-00 bar, the daily bar even high/low of an inside bar.
They are major areas of movement.
If you see what the gurus say, you must have excellent money management, a return rate of 3-1 etc you'll lose. Gurus make money selling not trading. i will quite easy risk an initial trade at 20 to win 5. It is the counter that is the winner.you hold it until the next line (trigger) we have stats on our side.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,623
  • Jan 11, 2017 4:40pm Jan 11, 2017 4:40pm
JPY making things interesting as The Witching Hour kicks off...

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  • #13,624
  • Jan 11, 2017 4:41pm Jan 11, 2017 4:41pm
Quoting billytt
Cable looks like it is going to go,Its been consolidating for a while now. i wont be trading it. t00-28
Spot on, Billy...

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  • #13,625
  • Jan 11, 2017 4:44pm Jan 11, 2017 4:44pm
An interesting day across the board for The Dead Zone, with only NJ ending up pretty much where it started after not straying far outside the zone at any point - though even it did have one moment of madness halfway through.

EURJPY
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AUDUSD
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GBPNZD
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  • #13,626
  • Jan 11, 2017 4:47pm Jan 11, 2017 4:47pm
AUDNZD
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  • #13,627
  • Jan 11, 2017 4:49pm Jan 11, 2017 4:49pm
XAUUSD
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  • #13,628
  • Jan 11, 2017 8:14pm Jan 11, 2017 8:14pm
Quoting billytt
{quote} Hi bud hope your good.. A good line to me is the High/Low of the 04-00 bar, the daily bar even high/low of an inside bar. They are major areas of movement. If you see what the gurus say, you must have excellent money management, a return rate of 3-1 etc you'll lose. Gurus make money selling not trading. i will quite easy risk an initial trade at 20 to win 5. It is the counter that is the winner.you hold it until the next line (trigger) we have stats on our side.
Billytt

you said : it is the counter that is the winner ... you hold it until the next line trigger
I understand the next trigger will a winning trade but the counter is still in limbo with loss .... so I need more trades to cover the loss of the counter ?

SB
trying to make everyday the best risk/reward decisions possible
  • #13,629
  • Jan 11, 2017 9:27pm Jan 11, 2017 9:27pm
Quoting slowbrain
{quote} Billytt you said : it is the counter that is the winner ... you hold it until the next line trigger I understand the next trigger will a winning trade but the counter is still in limbo with loss .... so I need more trades to cover the loss of the counter ? SB
If you can hedge I can summarize what Billy has said. If that is okay with you Billy! All for education, I am not giving instruction. TRADE AT YOUR OWN RISK. I wish I could do this

A. Trade #1 - entry has triggered at 100 short looking for +5.

B. Trade #1 - price has moved to 120 and you are now -20.

C. Trade #2 - enter long at 120. This HOLDS the overall LOSS at -20.

D. Trade #3 - entry has triggered at 175 long. Trade #1 and #2 are still running.

E. Hunt the modest range, or until in overall profit, up to you.

Hope this helps.
  • #13,630
  • Jan 11, 2017 10:45pm Jan 11, 2017 10:45pm
Dollar index got a support level.
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  • #13,631
  • Jan 11, 2017 10:53pm Jan 11, 2017 10:53pm
Quoting claudia1
Dollar index got a support level. {image}
and GU is approaching 50 already at adr of 70+ ... A 1-2-3 play may be in the books?
  • #13,632
  • Edited 11:32pm Jan 11, 2017 11:04pm | Edited 11:32pm
Quoting wannalearn12
{quote} and GU is approaching 50 already at adr of 70+ ... A 1-2-3 play may be in the books?
Maybe. I leave cable alone until London has opened and settled.

Edit: seems to want to go up. Yesterday's high would be a good place to look at selling for me. Double top and back to start of week prices. Big news out of US 13.30 also JPM due to announce quarterly earnings pre-market open (oops that's tomorrow dumbo).

Oh well here we go again. Good luck all.
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  • #13,633
  • Jan 11, 2017 11:12pm Jan 11, 2017 11:12pm
Quoting claudia1
{quote} Maybe. I leave cable alone until London has opened and settled.
Settled? The orders being filled? that thing?
  • #13,634
  • Jan 11, 2017 11:28pm Jan 11, 2017 11:28pm
Quoting wannalearn12
{quote} Settled? The orders being filled? that thing?
That sort of thing.
  • #13,635
  • Jan 11, 2017 11:51pm Jan 11, 2017 11:51pm
DAX-Monster 07:45 getting ready to jump the gap...

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  • #13,636
  • Jan 11, 2017 11:54pm Jan 11, 2017 11:54pm
Quoting claudia1
{quote} Maybe. I leave cable alone until London has opened and settled. Edit: seems to want to go up. Yesterday's high would be a good place to look at selling for me. Double top and back to start of week prices. Big news out of US 13.30 also JPM due to announce quarterly earnings pre-market open (oops that's tomorrow dumbo). Oh well here we go again. Good luck all. {image}
Thanks, Claudia - you too.
  • #13,637
  • Jan 11, 2017 11:59pm Jan 11, 2017 11:59pm
Quoting wannalearn12
{quote} and GU is approaching 50 already at adr of 70+ ... A 1-2-3 play may be in the books?
Alien tech telling me to wait for a bit...

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  • #13,638
  • Jan 12, 2017 12:12am Jan 12, 2017 12:12am
Morning, t 08-08..
I do not like the look of Cable with a 64 range .(04-00 bar).
A/U has a 28 range (04-00 bar) perfect but i do not like the look of it.
I am leaving the 2 above alone. WHEN IN DOUBT STAY OUT.
DAX 07-45 low has broken for +20. yay.

As i type A/U has broken High and got +10 but hey ho. i am going back to bed lol

edit, same with Cable, High broken for +10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,639
  • Jan 12, 2017 12:14am Jan 12, 2017 12:14am
Broke the weeks high wasn't expecting that. Next stop 300 ? Be some good selling opportunity here at some point gotta be patient.
  • #13,640
  • Jan 12, 2017 12:16am Jan 12, 2017 12:16am
Quoting claudia1
Broke the weeks high wasn't expecting that. Next stop 300 ? Be some good selling opportunity here at some point gotta be patient.
.00 and dr1... good looking.
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