Billytt Die happy trading e/j daily breakout | Page 707 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #14,121
  • Jan 24, 2017 6:59am Jan 24, 2017 6:59am
Quoting lemercenaire
{quote} Hi SB. Going on the illustration below, the price forms a lower WZ once the red candle closes. Price drops into that zone (small green wick in zone). We enter trade Long as price exits this lower WZ. GBPUSDH1asWZ24thJan17 - Copy_Ink_LI.jpg;2153402 {image}
Got it ...now
thanks Lem
trying to make everyday the best risk/reward decisions possible
  • #14,122
  • Jan 24, 2017 7:13am Jan 24, 2017 7:13am
[quote=learn2fly;9472730]i made a very big mistake today,, cable high failed, stop loss at the low of 04-00 loss about 65pips stressful. at the same time the low triggered at 1.24610, even though price go lower to 1.24363 which is profit 25pips i didnt take the profit (greedy/revenge) price moving up from that level, profit that could be taken disappear.. left me the red number, but i didnt close the position lucky the price start moving down, confident with the move, i added position at 1.24799 with the same size price continue the down move, i added same size at the low 04-00 finally at 1.24450 i close

Bud, WE'VE ALL DONE IT.. you are not alone, But you need to take control and trade the method.. You will get better.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,123
  • Jan 24, 2017 7:22am Jan 24, 2017 7:22am
t 13-21 A/U , chart shows 1 hour chart.
Attached Image

the 04-00 bar broke triggered and retraced,,,, then hit trigger again. The + 10 has not been made SO we can still (if we want) short it.
Now we have LEMS Dead Zone bar. What happens if High is triggered???? A Low trigger would be excellent..
Lets see what happens.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,124
  • Jan 24, 2017 7:23am Jan 24, 2017 7:23am
Cable 4 hour break Billy -short.
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every Saint has a past. Every Sinner has a Future
  • #14,125
  • Jan 24, 2017 7:24am Jan 24, 2017 7:24am
Quoting slowbrain
{quote} Got it ...now thanks Lem
Also should note that if that was an H1 candle (and it was) and the red one had formed a new daily low (which it had) then this was also a 1-2-3 entry.
  • #14,126
  • Jan 24, 2017 7:41am Jan 24, 2017 7:41am
Quoting learn2fly
lesson that i've learn: 1. aware of the big news (i dont even know there is brexit news will be announced) 2. actually i dont want to trade cable due to the large range, and i stick to it always before, but again stupid mind of mine 3. i take too much risk, while adding position, but it did helped actually 4. i think what had save me is when i read posting between SB and Bill recently, about compounding but again, knowing is not enough for me, still need to train myself harder and learn a lot from this community
1) Know the territory in the moment
2) Range is opportunity, welcome it.
3) Understand what risk is - the amount you are willing to lose. Position size and risk are not the same.
4) Keep it simple.

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,127
  • Jan 24, 2017 7:41am Jan 24, 2017 7:41am
Oh, Mr-T!!! Bazingaaaaaaaaaa!!!

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  • #14,128
  • Jan 24, 2017 7:43am Jan 24, 2017 7:43am
Quoting slowbrain
{quote} you are sure ? how it is possible .... I have a slow brain ....I try to figure out ... but can't
The ADVANCED ALIEN CIVILIZATION talks about this on YouTube.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,129
  • Jan 24, 2017 7:44am Jan 24, 2017 7:44am
Quoting billytt
t 13-21 A/U , chart shows 1 hour chart. au 24th D.PNG;2153437 the 04-00 bar broke triggered and retraced,,,, then hit trigger again. The + 10 has not been made SO we can still (if we want) short it. Now we have LEMS Dead Zone bar. What happens if High is triggered???? A Low trigger would be excellent.. Lets see what happens. {image}
Thank you Billy - your question had me watching and got me my bag for the day.
North-Bound flight from Southern--Territory...lovely.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1DeadZoneforBillytoo24thJan17.png Size: 33 KB
  • #14,130
  • Jan 24, 2017 8:07am Jan 24, 2017 8:07am
Quoting lemercenaire
{quote} Thank you Billy - your question had me watching and got me my bag for the day. North-Bound flight from Southern--Territory...lovely. AUDUSDH1DeadZoneforBillytoo24thJan17.png;2153485 {image}
Don't mention flights
  • #14,131
  • Jan 24, 2017 8:15am Jan 24, 2017 8:15am
Quoting claudia1
{quote} Don't mention flights
No friendly skies, my Dear?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,132
  • Jan 24, 2017 8:15am Jan 24, 2017 8:15am
Quoting lemercenaire
{quote} Thank you Billy - your question had me watching and got me my bag for the day. North-Bound flight from Southern--Territory...lovely. AUDUSDH1DeadZoneforBillytoo24thJan17.png;2153485 {image}
i was going to say, let the 12-00 High break and make a few then retrace as it does. That 04-00 low is still in play.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,133
  • Jan 24, 2017 8:19am Jan 24, 2017 8:19am
Quoting claudia1
{quote} Don't mention flights
Attached Image
  • #14,134
  • Jan 24, 2017 8:52am Jan 24, 2017 8:52am
t 14-49
A/U 04-00 low failed, The High broke for + 5. this second trade normally gets +20.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,135
  • Jan 24, 2017 8:53am Jan 24, 2017 8:53am
Quoting lemercenaire
{quote} i believe.jpg;2153551 {image}
lol, love it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,136
  • Jan 24, 2017 8:55am Jan 24, 2017 8:55am
Quoting claudia1
{quote} Don't mention flights
lol, hope you are ok...
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,137
  • Jan 24, 2017 9:00am Jan 24, 2017 9:00am
IF i had shorted at the break of low i would be -29 points down.
I nearly always do this but today by accident i didnt lol.
But those little retrace trades made me 12 points. so i would only be 17 down....
Dont forget i am in counter now but will play it out..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,138
  • Jan 24, 2017 9:08am Jan 24, 2017 9:08am
t 15-08
A/U break of high did make + 20 yay...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,139
  • Jan 24, 2017 9:22am Jan 24, 2017 9:22am
How about a good old song
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  • #14,140
  • Jan 24, 2017 9:29am Jan 24, 2017 9:29am
Quoting claudia1
How about a good old song https://www.youtube.com/watch?v=fuZyMx2NXZM
excellent song, shame about the plane crash?

edit, i shouldnt of mentioned the plane crash but it did happen and killed some of the band.catch you later off to Ladys house.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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