Billytt Die happy trading e/j daily breakout | Page 711 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #14,201
  • Jan 25, 2017 5:05pm Jan 25, 2017 5:05pm
LEM - do you use a target after spread or before spread? IE: for confusion - target +5 of entry at 1 pip spread would be +4... but +5 with one pip would be +6 actual target

enter 100 - one pip spread target 150 - = +4

enter 100 - one pip sread target 160 = +5

sometimes this matters... curious
  • #14,202
  • Jan 25, 2017 5:09pm Jan 25, 2017 5:09pm
Quoting wannalearn12
{quote} FANTASTIC Post - will be digesting this shortly. Check out NU BZ for today. I haven't started trading it yet. Just keeping an eye on it. Watch how it moves for a week or two. EDIT: Just so happens another alien conformation made that trade really strong. Daily WZ/BOut {image}
May be time to leave the FFIA (Forex Factory Insane Asylum) and go to where the dwells.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #14,203
  • Edited 6:05pm Jan 25, 2017 5:09pm | Edited 6:05pm
EJ went for lift off at Tokyo - +10 before spread

Lem's witching hour could be setting up for the TooSlow Special - see what happens - also getting close to Billy's daily break... they all go hand in hand, huh? Speculation was correct - witching hour came in very nicely. Billy's daily break is up next. Second chart is witching hour.
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  • #14,204
  • Jan 25, 2017 5:12pm Jan 25, 2017 5:12pm
Quoting TooSlow
{quote} May be time to leave the FFIA (Forex Factory Insane Asylum) and go to where the dwells.
this was where I was raised, though. ....
  • #14,205
  • Jan 25, 2017 6:06pm Jan 25, 2017 6:06pm
Quoting wannalearn12
{quote} FANTASTIC Post - will be digesting this shortly. Check out NU BZ for today. I haven't started trading it yet. Just keeping an eye on it. Watch how it moves for a week or two. EDIT: Just so happens another alien conformation made that trade really strong. Daily WZ/BOut {image}
BZ is something I don't run (yet? lol) but even a cursory look shows that it is a steamroller.
  • #14,206
  • Jan 25, 2017 6:08pm Jan 25, 2017 6:08pm
Quoting wannalearn12
LEM - do you use a target after spread or before spread? IE: for confusion - target +5 of entry at 1 pip spread would be +4... but +5 with one pip would be +6 actual target enter 100 - one pip spread target 150 - = +4 enter 100 - one pip sread target 160 = +5 sometimes this matters... curious
After spread...+5 is profit figure. Hence my badgering you into moving accounts!
  • #14,207
  • Jan 25, 2017 6:16pm Jan 25, 2017 6:16pm
Quoting TooSlow
{quote} May be time to leave the FFIA (Forex Factory Insane Asylum) and go to where the dwells.
If light can manage it, so can we ...

Attached Image (click to enlarge)
Click to Enlarge Name: quote-Alan-Davies-the-principle-that-light-can-be-in-11467.png Size: 88 KB


...just visualise Quantum Trading .
  • #14,208
  • Jan 25, 2017 6:25pm Jan 25, 2017 6:25pm
t 00-25 Hi all, Dancing was brilliant... Trading. i wonder if Dax will fall ?
i have no trigger just thought lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,209
  • Jan 25, 2017 7:20pm Jan 25, 2017 7:20pm
Quoting lemercenaire
{quote} Using The Dead Zone? EDIT: DUH, obviously not, given the time posted. Billy's 04:00 then.
hi lem, yeah using 04-00, but sometimes i try DZ but with UC, because both of them wake up at the same open market hehe, and maybe can make a strong impact crossing the DZ border.. what is your opinion? which pair that most effective during DZ trade?
I Will Never Give Up
  • #14,210
  • Jan 25, 2017 7:45pm Jan 25, 2017 7:45pm
Quoting learn2fly
{quote} hi lem, yeah using 04-00, but sometimes i try DZ but with UC, because both of them wake up at the same open market hehe, and maybe can make a strong impact crossing the DZ border.. what is your opinion? which pair that most effective during DZ trade?
Al the pairs will bring a good return as they were all chosen to fit a certain, similar, movement profile. I only trade those pairs that are posted.

Having said that, there are for sure my favourites - and that would be EJ, UC, AU and CJ.

Cable is good in spurts and GN is fantastic - but can be completely mental.

You will not be alone in trading UC, as Mr-T specialises in it exclusively.

I will tend to scan and quickly see what pair looks most promising in the set-up. (I prefer WZ trades back inside the body to BreakOuts).
  • #14,211
  • Jan 25, 2017 7:56pm Jan 25, 2017 7:56pm
Hi all. Right, I'm knackered and need to get some shut-eye, so as I have gone into my trades to a certain extent elsewhere today, I won't go into a lot of additional detail now.

Apologies also for a couple of the charts using a basic box instead of the actual indicator. It went a bit doo-lally on me and so I had to jury-rig something for these charts. Not ideal but it does the job.

Anyway, here you go for the day's set-ups - a grand day was had by all...

EURJPY
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USDCAD
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AUDUSD
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USDNOK
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GBPNZD
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  • #14,212
  • Jan 25, 2017 7:58pm Jan 25, 2017 7:58pm
AUDNZD
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GBPUSD
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NZDUSD
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NZDJPY
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  • #14,213
  • Jan 25, 2017 7:59pm Jan 25, 2017 7:59pm
Quoting lemercenaire
{quote} Al the pairs will bring a good return as they were all chosen to fit a certain, similar, movement profile. I only trade those pairs that are posted. Having said that, there are for sure my favourites - and that would be EJ, UC, AU and CJ. Cable is good in spurts and GN is fantastic - but can be completely mental. You will not be alone in trading UC, as Mr-T specialises in it exclusively. I will tend to scan and quickly see what pair looks most promising in the set-up. (I prefer WZ trades back inside the body to BreakOuts).
thanks lem,
after you have just explained about WZ recently, it should a chance for me to practice it. first step WZ + DZ + UC
I Will Never Give Up
  • #14,214
  • Jan 25, 2017 8:01pm Jan 25, 2017 8:01pm
XAUUSD
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USDJPY
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GBPJPY
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GER30
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OILUSD
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  • #14,215
  • Jan 25, 2017 8:05pm Jan 25, 2017 8:05pm
Quoting learn2fly
{quote} thanks lem, after you have just explained about WZ recently, it should a chance for me to practice it. first step WZ + DZ + UC
Sounds like a grand plan! Keep us posted, eh.
  • #14,216
  • Jan 25, 2017 11:21pm Jan 25, 2017 11:21pm
Quoting lemercenaire
{quote} If light can manage it, so can we ... quote-Alan-Davies-the-principle-that-light-can-be-in-11467.png;2156689 ...just visualise Quantum Trading . {image}
I am so dumb lol, I just got that baha
  • #14,217
  • Jan 25, 2017 11:24pm Jan 25, 2017 11:24pm
Quoting lemercenaire
{quote} Al the pairs will bring a good return as they were all chosen to fit a certain, similar, movement profile. I only trade those pairs that are posted. Having said that, there are for sure my favourites - and that would be EJ, UC, AU and CJ. Cable is good in spurts and GN is fantastic - but can be completely mental. You will not be alone in trading UC, as Mr-T specialises in it exclusively. I will tend to scan and quickly see what pair looks most promising in the set-up. (I prefer WZ trades back inside the body to BreakOuts)....
HRMMMM so you let it break out and then hammer it back in?
  • #14,218
  • Jan 26, 2017 1:42am Jan 26, 2017 1:42am
t 07-43,,, trade well all... I am away in approx 30 mins so no trading for me....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,219
  • Jan 26, 2017 2:52am Jan 26, 2017 2:52am
Quoting wannalearn12
{quote} HRMMMM so you let it break out and then hammer it back in?
Yes, exactly.

I do still often take the initial break however (ok, I pretty much always do) - and then counter it back inside if it goes belly up on the first breakout trade. I have given serious consideration as to leaving any break and simply trading moves back inside...but the thought of missing out on a big one, lol
  • #14,220
  • Jan 26, 2017 3:04am Jan 26, 2017 3:04am
Frankfurt Break range too big today again. EJ Daily Break did the business in fine style overnight and Billy's DAX-Monster has gone about its usual merry way. I didn't trade it as I didn't like the tiny wick on top of the small candle. I don't mind a small wick on a large-bodied candle but on a small one, it doesn't leave much room to get counter trades running if needed and this is especially true of the DAX-Monster, which can and usually does, run really fast.

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