Billytt Die happy trading e/j daily breakout | Page 715 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #14,281
  • Jan 27, 2017 1:30pm Jan 27, 2017 1:30pm
Quoting billytt
{quote} yay, well done. Do you feel better now?
The weekend is here......
Attached Image
every Saint has a past. Every Sinner has a Future
  • #14,282
  • Jan 27, 2017 1:36pm Jan 27, 2017 1:36pm
Quoting wannalearn12
{quote} Didn't trade today, was too tired. AU broke low and didn't give anything - pushed back all the way through midline and top of 04:00 and gave A LOT. Billy would have easily held a hedge into the next trigger and killed it. And then the dead zone blew it through the roof into a classic too slow special. AU seems to do exactly what it wants. Picks a direction and keeps to it, and doesn't move 20 pips in one minute like the jpy pairs. The tram lines for[/highlight]...
  • #14,283
  • Jan 27, 2017 2:14pm Jan 27, 2017 2:14pm
Posting these early tonight, as it's GF's birthday and we're off out in a while.

Picked up bits here and there today in and around running errands. 1-2-3 on EJ went well...Nabbed a quickie on AU 04:00 (right place, right time)...Then UC on The Dead Zone today.

Looked like the best set-up, with a reasonable sized body and good wicks. In the end, it just about panned out as moves were stalling just as they looked like they were getting started and I entered twice and bailed twice. The first, short for +5 and the second, long for +4. That did it for me, I'd seen enough. The candles look great and simple moves on the H1 chart but down at the sharp end, the moves were messy. It happens and I ended up in profit. Fair enough.

Could have played it again a couple of times later on at least and even of the same kind of pay-out, it would have made for a pretty good day. However, as I said, a day of errands.

Now, saying that, having come back in and after a quick look-see, I'm in on the 1-2-3 that's just triggered and locked in the +5, so in the end, it's all good.

Anyway, here's how the day looked across the pairs...

EURJPY
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1DeadZone27thJan17.png Size: 27 KB


USDCAD
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1DeadZone27thJan17.png Size: 36 KB


AUDUSD
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1DeadZone27thJan17.png Size: 31 KB


USDNOK
Attached Image (click to enlarge)
Click to Enlarge Name: USDNOKH1DeadZone27thJan17.png Size: 34 KB


GBPNZD
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH1DeadZone27thJan17.png Size: 28 KB
  • #14,284
  • Jan 27, 2017 2:17pm Jan 27, 2017 2:17pm
AUDNZD
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDH1DeadZone27thJan17.png Size: 33 KB


GBPUSD
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1DeadZone27thJan17.png Size: 34 KB


CADJPY
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH1DeadZone27thJan17.png Size: 32 KB


NZDUSD
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1DeadZone27thJan17.png Size: 33 KB


NZDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYH1DeadZone27thJan17.png Size: 26 KB
  • #14,285
  • Jan 27, 2017 2:19pm Jan 27, 2017 2:19pm
XAUUSD
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1DeadZone27thJan17.png Size: 33 KB


USDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1DeadZone27thJan17.png Size: 30 KB


GBPJPY
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1DeadZone27thJan17.png Size: 39 KB


GER30
Attached Image (click to enlarge)
Click to Enlarge Name: GER30H1DeadZone27thJan17.png Size: 31 KB


OILUSD
Attached Image (click to enlarge)
Click to Enlarge Name: OILUSDH1DeadZone27thJan17.png Size: 26 KB
  • #14,286
  • Jan 27, 2017 2:33pm Jan 27, 2017 2:33pm
Right, I'm done-and-dusted. Have a great weekend all. See you on the other side.
  • #14,287
  • Jan 27, 2017 9:41pm Jan 27, 2017 9:41pm
Quoting wannalearn12
{quote} Didn't trade today, was too tired. AU broke low and didn't give anything - pushed back all the way through midline and top of 04:00 and gave A LOT. Billy would have easily held a hedge into the next trigger and killed it. And then the dead zone blew it through the roof into a classic too slow special. AU seems to do exactly what it wants. Picks a direction and keeps to it, and doesn't move 20 pips in one minute like the jpy pairs. The tram lines for au might be better btw Lem, I'm keeping track of both. Should have some pretty pictures and...
Hi Bud, A/U 04-00 bar did not break low. The 04-00 bar low was 7511 and the nearest low to that was 7512. It was a straight break of High and up. I trade off mid prices? maybe they are not same as yours.
Attached Image


edit, The High broke just after 08-00 then retraced.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,288
  • Jan 27, 2017 10:26pm Jan 27, 2017 10:26pm
Quoting billytt
{quote} Hi Bud, A/U 04-00 bar did not break low. The 04-00 bar low was 7511 and the nearest low to that was 7512. It was a straight break of High and up. I trade off mid prices? maybe they are not same as yours. au not.PNG;2160577 edit, The High broke just after 08-00 then retraced. {image}
Oh my thanks for pointing that out!!!!! was looking at the wrong bar... I have to go based off the hour chart due to the wonky 4 hr bars. I included the london open as part of the previous four hours.... welllll AU was even easier to trade, though the trigger wasn't until lems dead zone. Deleting that post >.>
  • #14,289
  • Jan 28, 2017 3:30am Jan 28, 2017 3:30am
Quoting lemercenaire
{quote} Entry Long is at the red line, as price leaves the LWZ.
Yeah, ahaha. I mean entry long. Tq lem
I Will Never Give Up
  • #14,290
  • Jan 28, 2017 5:48am Jan 28, 2017 5:48am
Quoting wannalearn12
{quote} Oh my thanks for pointing that out!!!!! was looking at the wrong bar... I have to go based off the hour chart due to the wonky 4 hr bars. I included the london open as part of the previous four hours.... welllll AU was even easier to trade, though the trigger wasn't until lems dead zone. Deleting that post >.>
and that is why A/U is my main Forex pair to trade.
Excellent stats and movement and i wont hesitate to hit it hard if i need...
If i have a fail it is normally sorted out with not much difficulty.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,291
  • Jan 28, 2017 6:48am Jan 28, 2017 6:48am
Quoting billytt
{quote} and that is why A/U is my main Forex pair to trade. Excellent stats and movement and i wont hesitate to hit it hard if i need... If i have a fail it is normally sorted out with not much difficulty.
That's an interesting insight from you both. There are other pairs that, when you look back, you'd think were dead certs - solid-looking H1 candles, all one way traffic - but when you get down to what actually happened inside, what actually happened during that hour, you realise it was bedlam. Yes, you might have got out of it ok eventually but man, the drama while doing so!
  • #14,292
  • Jan 28, 2017 11:00am Jan 28, 2017 11:00am
Quoting lemercenaire
{quote} That's an interesting insight from you both. There are other pairs that, when you look back, you'd think were dead certs - solid-looking H1 candles, all one way traffic - but when you get down to what actually happened inside, what actually happened during that hour, you realise it was bedlam. Yes, you might have got out of it ok eventually but man, the drama while doing so!
PRIME EXAMPLE : damn ej from the other night. It played around for 50 minutes before showing a solid move. Though I only lost the commission on the trade. It was stressful. I did manage to add in and get the original trade to less than a pip loss but it was too fast and I ended up closing for small loss on the first one. I caught the reverse, though
  • #14,293
  • Jan 28, 2017 11:46am Jan 28, 2017 11:46am
Quoting wannalearn12
{quote} PRIME EXAMPLE : damn ej from the other night. It played around for 50 minutes before showing a solid move. Though I only lost the commission on the trade. It was stressful. I did manage to add in and get the original trade to less than a pip loss but it was too fast and I ended up closing for small loss on the first one. I caught the reverse, though
Yep, it's all about staying calm and trusting it will come good. I really, really, like Billy's technique of going into every trade assuming the first move will fail. Then you are mentally prepared for it.
  • #14,294
  • Jan 28, 2017 3:42pm Jan 28, 2017 3:42pm
Woke up to the news about John Hurt. Another giant gone.

Thought - with Billy's ok - that you might like to see a shot taken by a friend of mine, one of my favourites of his portraits. Captures the man beautifully.

Attached Image (click to enlarge)
Click to Enlarge Name: John Hurt by Dave.jpg Size: 96 KB


(Used by permission of David Eustace - no commercial use permitted).
  • #14,295
  • Jan 28, 2017 9:39pm Jan 28, 2017 9:39pm
Quoting lemercenaire
Woke up to the news about John Hurt. Another giant gone. Thought - with Billy's ok - that you might like to see a shot taken by a friend of mine, one of my favourites of his portraits. Captures the man beautifully. John Hurt by Dave.jpg;2160956 (Used by permission of David Eustace - no commercial use permitted). {image}
.
Photography at its best,
John Hurt was one of my favourite actors, may he RIP.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,296
  • Jan 28, 2017 9:44pm Jan 28, 2017 9:44pm
Quoting lemercenaire
{quote} That's an interesting insight from you both. There are other pairs that, when you look back, you'd think were dead certs - solid-looking H1 candles, all one way traffic - but when you get down to what actually happened inside, what actually happened during that hour, you realise it was bedlam. Yes, you might have got out of it ok eventually but man, the drama while doing so!
that is why i like the 5 points then out.
OR trigger, retrace, trade, and keep doing it until the +10 (for stats) is made or the trade actually fails.
Obviously we never know how far the retrace will go?
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,297
  • Jan 28, 2017 11:34pm Jan 28, 2017 11:34pm
Quoting billytt
{quote} that is why i like the 5 points then out. OR trigger, retrace, trade, and keep doing it until the +10 (for stats) is made or the trade actually fails. Obviously we never know how far the retrace will go?
Sometimes I have a sell stop / buy stop set. Most of the time I just click to enter. I find the brokers can do wonky things. Do you usually wait for the trigger and then see, or trade it like a robot? Not trying to pry to personal, just curious. Mine usually goes entry at trigger stop somewhere above the mid line usually 15-20 pips. Add in other half of risk somewhere around -5 to -10 depending on what it looks like. I can't hold a hedge so I just get right on next trigger. And if the next one fails I'm up shit creek until I fix it at New York. Which gets very interesting granted I only like to trade the good ones. So hardly have to do more than one trigger to fix.
  • #14,298
  • Jan 28, 2017 11:48pm Jan 28, 2017 11:48pm
Quoting billytt
{quote} . Photography at its best, John Hurt was one of my favourite actors, may he RIP.
Glad you like it. Travelling down to Hull today in the early am but when I get back tonight, I'll let you hear the story behind the shot.
  • #14,299
  • Jan 29, 2017 3:22am Jan 29, 2017 3:22am
Quoting billytt
{quote} and that is why A/U is my main Forex pair to trade. Excellent stats and movement and i wont hesitate to hit it hard if i need... If i have a fail it is normally sorted out with not much difficulty.

starting tomorrow I will be at the battle station every day for 5 days , will trade only 04;00 and E/J daily break .... lets see what will be the result end of the week .
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 130 KB
trying to make everyday the best risk/reward decisions possible
  • #14,300
  • Jan 29, 2017 8:13am Jan 29, 2017 8:13am
Quoting slowbrain
{quote} starting tomorrow I will be at the battle station every day for 5 days , will trade only 04;00 and E/J daily break .... lets see what will be the result end of the week . {image}
5 charts?
You need ADVANCED ALIEN CIVILIZATION tools.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
28 traders viewing now