Billytt Die happy trading e/j daily breakout | Page 700 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #13,981
  • Edited 2:45pm Jan 19, 2017 2:03pm | Edited 2:45pm
answer.
Attached Image

if the time range was longer than the above . i would scalp the break of the diagonal line. It is 20-03 now so this chart is an example and live.

edit,,, 3 minute chart
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,982
  • Jan 19, 2017 2:05pm Jan 19, 2017 2:05pm
i have noticed with Dax, it does have mini trends. I did scalp it last week or week before ( i cannot remember) lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,983
  • Jan 19, 2017 3:45pm Jan 19, 2017 3:45pm
Quoting turnip15
{quote} There's a spring in your step these days :-)
Definately Mr T, hope you are ok.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,984
  • Jan 19, 2017 3:53pm Jan 19, 2017 3:53pm
Quoting slowbrain
{quote} Billytt Just a quick question : is it still smart to look at yours 30mn candle break strategy ? I'm confortable with counter trade. I'm ready to trade more signals, and will have some free time during Chinese new year , I would like to give it a try if you think the strategy is still valid . Have a wonderful day SB
sorry SB, i have just seen this post. I wouldnt trade more signals myself as i am happy with 5% off A/U (and) Cable..
With the 30 minute candle trade i had help.The more you trade the more risk you have at losing.
Those trade were at 07-30....11-30 and 3-30.
I bought my lady a kitchen on Monday with a few trades from last week and Monday just getting 5%. or 5 pips. i normally trade £10 a point for fun but when i need something add zeros to it. LESS IS MORE.. Trade well bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,985
  • Edited 4:07pm Jan 19, 2017 3:55pm | Edited 4:07pm
referring to post 13981 Dax scalp.. IF this was the morning after 08-00 i would be looking to scalp a short right now t 21-55.i will add chart in a minute.

Attached Image
we have had a trend up and i would say it will drop. Dont forget it is evening and i wouldnt trade it. but i am just showing the set up... Lets hope it gaps down lol t 22-07 now
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,986
  • Jan 19, 2017 5:50pm Jan 19, 2017 5:50pm
Happy 700th Birthday!!!

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  • #13,987
  • Jan 19, 2017 6:07pm Jan 19, 2017 6:07pm
Hi all. As posted earlier, all I worked today was the Frankfurt Break. The rest of the day just wasn't for me. However, as always, here are how the charts show the Dead Zone across the pairs for the day.

UC would again, have had Mr T sitting up and begging for more if he was on. USDNOK had a mental day dragged around by OIL and was in turn mirrored by CJ, while OIL itself lightning-bolted its way through the day. All fun-in-the-sun...

EURJPY
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Click to Enlarge Name: EURJPYH1DeadZone19thJan17.png Size: 27 KB


USDCAD
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Click to Enlarge Name: USDCADH1DeadZone19thJan17.png Size: 29 KB


AUDUSD
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Click to Enlarge Name: AUDUSDH1DeadZone19thJan17.png Size: 31 KB


USDNOK
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Click to Enlarge Name: USDNOKH1DeadZone19thJan17.png Size: 35 KB


GBPNZD
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Click to Enlarge Name: GBPNZDH1DeadZone19thJan17.png Size: 40 KB
  • #13,988
  • Jan 19, 2017 6:09pm Jan 19, 2017 6:09pm
AUDNZD
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Click to Enlarge Name: AUDNZDH1DeadZone19thJan17.png Size: 35 KB


GBPUSD
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Click to Enlarge Name: GBPUSDH1DeadZone19thJan17.png Size: 34 KB


CADJPY
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Click to Enlarge Name: CADJPYH1DeadZone19thJan17.png Size: 31 KB


NZDUSD
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Click to Enlarge Name: NZDUSDH1DeadZone19thJan17.png Size: 32 KB


NZDJPY
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Click to Enlarge Name: NZDJPYH1DeadZone19thJan17.png Size: 25 KB
  • #13,989
  • Jan 19, 2017 6:11pm Jan 19, 2017 6:11pm
XAUUSD
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Click to Enlarge Name: XAUUSDH1DeadZone19thJan17.png Size: 31 KB


USDJPY
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Click to Enlarge Name: USDJPYH1DeadZone19thJan17.png Size: 27 KB


GBPJPY
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Click to Enlarge Name: GBPJPYH1DeadZone19thJan17.png Size: 27 KB


GER30
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Click to Enlarge Name: GER30H1DeadZone19thJan17.png Size: 32 KB


OILUSD
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Click to Enlarge Name: OILUSDH1DeadZone19thJan17.png Size: 29 KB
  • #13,990
  • Jan 20, 2017 12:42am Jan 20, 2017 12:42am
Quoting billytt
{quote} sorry SB, i have just seen this post. I wouldnt trade more signals myself as i am happy with 5% off A/U (and) Cable.. With the 30 minute candle trade i had help.The more you trade the more risk you have at losing. Those trade were at 07-30....11-30 and 3-30. I bought my lady a kitchen on Monday with a few trades from last week and Monday just getting 5%. or 5 pips. i normally trade 10 a point for fun but when i need something add zeros to it. LESS IS MORE.. Trade well bud.
Billytt

5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency.
Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ? or I got my maths completely wrong ?

I really believe in your concept ; Go in , Punch hard , Get out , if fits me well
trying to make everyday the best risk/reward decisions possible
  • #13,991
  • Jan 20, 2017 1:41am Jan 20, 2017 1:41am
Quoting slowbrain
{quote} Billytt 5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency. Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ? or I got my maths completely wrong ? I really believe in your concept...
Billy is a badass - simple enough xD
  • #13,992
  • Jan 20, 2017 1:57am Jan 20, 2017 1:57am
Quoting slowbrain
{quote} Billytt 5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency. Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ? or I got my maths completely wrong ? I really believe in your concept...
i will answer later bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,993
  • Jan 20, 2017 1:57am Jan 20, 2017 1:57am
Trade well all t 07-57
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,994
  • Jan 20, 2017 2:04am Jan 20, 2017 2:04am
Quoting billytt
Trade well all t 07-57
Seems as though AU might take a minute to work itself out... XD I am tired though!!!!!!!!
  • #13,995
  • Jan 20, 2017 2:05am Jan 20, 2017 2:05am
BINGO,, dax opened with High Break then retrace. i caught the retrace now closed.... (small lot)
Cable broke low and i am short on 04-00 break. Leaving A/U until Cable is sorted
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,996
  • Jan 20, 2017 2:08am Jan 20, 2017 2:08am
Dax 07-45 break, High failed , Retrace good again
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,997
  • Jan 20, 2017 2:23am Jan 20, 2017 2:23am
Cable has made +5 but i didn't catch it probably due to me closing the dax trade. Maybe have an opportunity to add another retrace short.Lets see.
Dont forget something is happening in USA later today ???
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,998
  • Jan 20, 2017 2:27am Jan 20, 2017 2:27am
A/U has just broken low, i am leaving it as i am still short on Cable.. Maybe if it retraces before +10 . Late see.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,999
  • Jan 20, 2017 2:30am Jan 20, 2017 2:30am
EG doing a head-fake over at the Frankfurt Break.
  • #14,000
  • Jan 20, 2017 2:32am Jan 20, 2017 2:32am
Quoting slowbrain
{quote} Billytt 5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency. Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ? or I got my maths completely wrong ? I really believe in your concept...
I am out shortly and still short on Cable. I will explain next post....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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