Billytt Die happy trading e/j daily breakout | Page 695 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #13,881
  • Jan 17, 2017 2:08am Jan 17, 2017 2:08am
t08-06 a beautiful open. A/U +10 and Dax has bombed almost +40 lol. Easy to trade after the event.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,882
  • Jan 17, 2017 2:38am Jan 17, 2017 2:38am
Same with E/J. the 04-00 bar has too much Range. i know Low has been triggered but no +5
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,883
  • Jan 17, 2017 2:50am Jan 17, 2017 2:50am
Oh Billy, thank you so much mate!!!

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  • #13,884
  • Jan 17, 2017 2:58am Jan 17, 2017 2:58am
Elsewhere, The Frankfurt Break got the job done early...

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  • #13,885
  • Jan 17, 2017 3:00am Jan 17, 2017 3:00am
Quoting lemercenaire
Oh Billy, thank you so much mate!!! GER30M15DAX-Monsterkicksoff17thJan17.png;2143095 {image}
Dax is a beautiful mover and quick, sounds like me dancing lol. Hope you are ok.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,886
  • Jan 17, 2017 3:39am Jan 17, 2017 3:39am
Quoting billytt
{quote} Dax is a beautiful mover and quick, sounds like me dancing lol. Hope you are ok.
All good. Off for a forty winks now before The Dead Zone. Hopefully and usefully avoiding any Ms M turmoil, real or imagined.
  • #13,887
  • Jan 17, 2017 3:44am Jan 17, 2017 3:44am
Quoting lemercenaire
{quote} All good. Off for a forty winks now before The Dead Zone. Hopefully and usefully avoiding any Ms M turmoil, real or imagined.
the lady speaks at 11-45, It should be fun and she might hint at deals being done even though the lousy EE Courts says it isnt allowed.
What ever happens markets will keep moving
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,888
  • Edited 4:15am Jan 17, 2017 4:00am | Edited 4:15am
Quoting billytt
{quote} the lady speaks at 11-45, It should be fun and she might hint at deals being done even though the lousy EE Courts says it isnt allowed. What ever happens markets will keep moving
I'm not trading today ... because of large 4h candle ranges.
and the Lady is speaking soon , 64% of Oanda customers are long cable ... but when everyone sit on the same side normally they get it wrong .... so let's see tonight where cable will be
trying to make everyday the best risk/reward decisions possible
  • #13,889
  • Jan 17, 2017 4:26am Jan 17, 2017 4:26am
Cable 4 hour
Dax moved well Billy.
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every Saint has a past. Every Sinner has a Future
  • #13,890
  • Jan 17, 2017 4:32am Jan 17, 2017 4:32am
Quoting turnip15
Cable 4 hour Dax moved well Billy. {image}
It certainly did Mr T, hope your ok.
Dax does move well but it isnt as easy to trade as it looks...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,891
  • Jan 17, 2017 4:33am Jan 17, 2017 4:33am
Billyboy, do you just trade DAX and Eurjpy?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #13,892
  • Jan 17, 2017 4:34am Jan 17, 2017 4:34am
Quoting slowbrain
{quote} I'm not trading today ... because of large 4h candle ranges. and the Lady is speaking soon , 64% of Oanda customers are long cable ... but when everyone sit on the same side normally they get it wrong .... so let's see tonight where cable will be
Yes, The trades did go ok but ranges big, when in doubt stay out. It just isnt worth the trouble. We have tomorrow.
Cable is Cable the gap closed and on paper it should drop. Like i said earlier the big guys are playing a game.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,893
  • Jan 17, 2017 4:38am Jan 17, 2017 4:38am
Quoting fxtyrant
Billyboy, do you just trade DAX and Eurjpy?
Hi Fxtyrant and welcome, I am trying to trade Dax or develop a method but it is tricky.
Today was easy but it tends to whip on the UK open and that is when it moves best.
I used to trade E/J Daily Break but then found A/U trade off 04-00 bar a lot easier. Due to it being more slow and 5% daily is easy enough... OK it isnt that easy as it does fail and countering is the answer for me.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,894
  • Jan 17, 2017 4:40am Jan 17, 2017 4:40am
Billies Dax 7.45am trade -15 minute chart....shooooooooooooooooort
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every Saint has a past. Every Sinner has a Future
  • #13,895
  • Jan 17, 2017 4:42am Jan 17, 2017 4:42am
Quoting billytt
{quote} It certainly did Mr T, hope your ok. Dax does move well but it isnt as easy to trade as it looks...
Quite right Billy. Sometimes it's like holding a snake by the tail. Frightens me off really early sometimes so that I get a handful of pips as opposed to a wheelbarrow full hahahah.
every Saint has a past. Every Sinner has a Future
  • #13,896
  • Jan 17, 2017 4:47am Jan 17, 2017 4:47am
Quoting claudia1
Take on GU for Tuesday. Would love to see it go up in to the blue box. Guess it's all down to what Theresa has to say. Question: who has the worst hair stylist is it Mrs May, Mr T the second, or Mrs Merkel ?? lol close call. Forgot the little guy in N Korea he has to be the winner. {image}
I think the two ladies have REAL hair :-)
every Saint has a past. Every Sinner has a Future
  • #13,897
  • Jan 17, 2017 4:48am Jan 17, 2017 4:48am
Quoting billytt
t 01-50 i just got in, dancing was brilliant and over 100 people went. Has any more people been ignored??? edit, our own Mr T is on the ignore list yay,,
Cannot remember him now. He put me on the "ignore" list. Why don't I care :-)
every Saint has a past. Every Sinner has a Future
  • #13,898
  • Jan 17, 2017 4:49am Jan 17, 2017 4:49am
Quoting billytt
{quote} Hi Fxtyrant and welcome, I am trying to trade Dax or develop a method but it is tricky. Today was easy but it tends to whip on the UK open and that is when it moves best. I used to trade E/J Daily Break but then found A/U trade off 04-00 bar a lot easier. Due to it being more slow and 5% daily is easy enough... OK it isnt that easy as it does fail and countering is the answer for me.
Billy, just throwing some ideas around. have you considered strategies like.

1. if DAX open gaps up, enter long and exit when Dax trading day closes. and vice versa if dax open gaps down, enter short and close the short at the end of the day.

2. If dax, goes up 1%, during the day, enter a reverse trade and vice versa.

and when i mean trading the DAX, i mean trading the DAX indices through CFD and following the dax trading times strictly so if market closes at 5PM europe time you exit the positions,

not trading DAX futures or the evening session on CFDs


I know of someone who's developed an algo trading dax with those basic methodology put to the test. but obviously hes added more parameters but overall hes been very successful too.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #13,899
  • Jan 17, 2017 4:51am Jan 17, 2017 4:51am
Quoting turnip15
{quote} Quite right Billy. Sometimes it's like holding a snake by the tail. Frightens me off really early sometimes so that I get a handful of pips as opposed to a wheelbarrow full hahahah.
Dax, the 07-00 bar looks good quite often but the range can be really big, if it fails and a counter is on it then means you might need a big bank roll to cover until the next trigger.
The 07-45 (15 min bar) is good as the range is usually lower (not always) but then you have the whip..
I am still working on it lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,900
  • Jan 17, 2017 5:00am Jan 17, 2017 5:00am
[quote=fxtyrant;9447413]{quote} Billy, just throwing some ideas around. have you considered strategies like. 1. if DAX open gaps up, enter long and exit when Dax trading day closes. and vice versa if dax open gaps down, enter short and close the short at the end of the day. 2. If dax, goes up 1%, during the day, enter a reverse trade and vice versa. and when i mean trading the DAX

Thanks for the input, i was reading something very similar a few weeks ago
.I will definately look at it perhaps looking for consistencies like frequency distribution, like the little tails on daily bars/04-00 bars.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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