Billytt Die happy trading e/j daily breakout | Page 683 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #13,641
  • Jan 12, 2017 2:17am Jan 12, 2017 2:17am
Quoting billytt
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
me too, afraid of the reversal, missed those 5pips
I Will Never Give Up
  • #13,642
  • Jan 12, 2017 2:18am Jan 12, 2017 2:18am
Quoting wannalearn12
{quote} .00 and dr1... good looking.
Looking that way isn't it.

Edit: or have we found resistance. London pre-market orders still being filled maybe. Make sense?
  • #13,643
  • Jan 12, 2017 2:18am Jan 12, 2017 2:18am
Lol - went the other way...quickly!

Attached Image (click to enlarge)
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  • #13,644
  • Jan 12, 2017 2:20am Jan 12, 2017 2:20am
Quoting lemercenaire
Lol - went the other way...quickly! GER30M15DAX-Monsterwenttheotherwaay12thjan17.png;2136750 {image}
MONSTER!
  • #13,645
  • Jan 12, 2017 2:28am Jan 12, 2017 2:28am
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
Hello SB, wannalearn posted a good answer to your question.
To counter my method , 1st you need good stats and a big bank roll (or enough to cover trade ranges)
My exact method isnt explained 100% as it has been sold and i do not want to breach copy write.
A clue is gross profit versus net profit. My trades are based on +10 and me taking +5.
Sometimes i take more and some times i do several trades using retrace. I then only need 5%.
Remember what i say, In a war we might win a battle but we will still have casualties, and i mean no disrespect to our boys and girls.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,646
  • Jan 12, 2017 2:34am Jan 12, 2017 2:34am
Cable range was far too big for me to trade if it went bad.
A/U is at a big resistance level and i know it is only +5 which i want but i had doubts.
We can always look at the 12-00 (1 hour bar) which Lem speaks of.
Maybe get some movement down from 12300 which is almost R1 with cable. (thats beyond me)

sleep time i think
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,647
  • Jan 12, 2017 2:40am Jan 12, 2017 2:40am
No Frankfurt action again - range just too big once more.
  • #13,648
  • Jan 12, 2017 2:40am Jan 12, 2017 2:40am
Quoting claudia1
{quote} Looking that way isn't it. Edit: or have we found resistance. London pre-market orders still being filled maybe. Make sense?
SHE is FLYING!! Might have to pull an all nighter for this one.
  • #13,649
  • Jan 12, 2017 2:41am Jan 12, 2017 2:41am
Quoting lemercenaire
No Frankfurt action again - range just too big once more.
I know, my heart fell a little. TWO days in a ROW
  • #13,650
  • Jan 12, 2017 2:42am Jan 12, 2017 2:42am
Quoting wannalearn12
{quote} MONSTER!
yes indeed, last few days Dax has been awesome but it isnt always this easy. Quite often it triggers then reverses to opposite end. sometimes it also has a very big range which makes it difficult to counter..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,651
  • Jan 12, 2017 2:44am Jan 12, 2017 2:44am
Cable off and running...

Attached Image (click to enlarge)
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  • #13,652
  • Jan 12, 2017 2:47am Jan 12, 2017 2:47am
cable
Attached Image

something like this, hit the 00 R1 area then down. IT doesnt matter with me , i am just making conversation lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,653
  • Jan 12, 2017 2:47am Jan 12, 2017 2:47am
Quoting wannalearn12
{quote} I know, my heart fell a little. TWO days in a ROW
Yep. As you know, I've been looking at trading the Range Mid-Line in situations lie this but even that would have been a non-starter today. Downer...
  • #13,654
  • Jan 12, 2017 2:47am Jan 12, 2017 2:47am
Quoting lemercenaire
Cable off and running... GBPUSDH1cablesoffandrunning12thjan17.png;2136781 {image}
Now it just needs to wick off.
  • #13,655
  • Jan 12, 2017 2:51am Jan 12, 2017 2:51am
Cable, don't forget Daily bar break and inside bars on 4 hour.. SAID AFTER THE EVENT lol.
i have stats for all of this even though i have stopped trading this way.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,656
  • Jan 12, 2017 2:52am Jan 12, 2017 2:52am
Quoting wannalearn12
{quote} Now it just needs to wick off.
that sounds like a new swear word (expletive) wanna, wick off !!! now lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,657
  • Jan 12, 2017 2:55am Jan 12, 2017 2:55am
Billy has me in tears right now! xD
  • #13,658
  • Jan 12, 2017 2:55am Jan 12, 2017 2:55am
Quoting wannalearn12
{quote} Now it just needs to wick off.
Problem is, that will bring price back down into the WZs of both Daily and H4 which it is well above at the moment. As Billy said - I think Cable may be more trouble than it's worth today. (Could sniff out a Rat, mind you )
  • #13,659
  • Jan 12, 2017 3:03am Jan 12, 2017 3:03am
Quoting lemercenaire
{quote} problem is, that will bring price back down into the wzs of both daily and h4 which it is well above at the moment. As billy said - i think cable may be more trouble than it's worth today. (could sniff out a rat, mind you )
i got it :d yay sleep now :d see you in 5 hours okie ? I guess I should have looked for better value at the .00... I would be done for the week if I had.

Here is chart
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  • #13,660
  • Jan 12, 2017 3:04am Jan 12, 2017 3:04am
Cable, yay . i sound like a trader not
[attach]gu 12th yay.
PNG;2136846[/attach]
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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