Billytt Die happy trading e/j daily breakout | Page 832 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #16,621
  • Apr 6, 2017 5:45pm Apr 6, 2017 5:45pm
The Brent-US Crude Diff trades - 05.00 H4

Attached Image (click to enlarge)
Click to Enlarge Name: Brent-US Crude 05.00 H4 Break full day 6th April 17crop.png Size: 12 KB
  • #16,622
  • Apr 6, 2017 6:45pm Apr 6, 2017 6:45pm
[quote=Piphunter00;9741383]{quote} now that sounds crazy lol stats within stats. if u ever figure it out or get her to explain let us know lol! when you do/did trade daily break how would you treat it if the break happens early when your not around like in the Asian session,


A break can only happen once, if it retraces and does it again that is a different story.
If one is sleeping you set an alarm on from broker who will alert you if break is near.
stats within stats. example monthly trend short, weekly trend long,daily trend short etc
elliot wave hissssss, we can have waves within waves.
04-00 break, we can make +5 but not +10 for stats.

note times for stats, first hour uk /usa open etc.
the stuff my girl fed me is very difficult to understand but i do get it. i honestly think less is more.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,623
  • Apr 6, 2017 7:16pm Apr 6, 2017 7:16pm
another clue, look at the 04-00 bar against the previous Daily, look for breaks and retrace, especially if 04-00 fails it normally makes the Daily Range off the other end.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,624
  • Apr 6, 2017 10:19pm Apr 6, 2017 10:19pm
Quoting billytt
another clue, look at the 04-00 bar against the previous Daily, look for breaks and retrace, especially if 04-00 fails it normally makes the Daily Range off the other end.
Its like dancing .... whatever happened still follow the tempo ... just listen to the rythm
trying to make everyday the best risk/reward decisions possible
  • #16,625
  • Apr 7, 2017 1:34am Apr 7, 2017 1:34am
Quoting billytt
Quoting Piphunter00
{quote} now that sounds crazy lol stats within stats. if u ever figure it out or get her to explain let us know lol! when you do/did trade daily break how would you treat it if the break happens early when your not around like in the Asian session, A break can only happen once, if it retraces and does it again that is a different story. If one is sleeping you set an alarm on from broker who will alert you if break is near. stats within stats. example monthly trend short, weekly trend long,daily trend short etc elliot wave
...
thank you this was what i was struggling with. id noticed a lot of breaks especially in e/j happening during asia but if that retraced heavily there would usually be a second run at the level in London, thanks for clarifying that your interested in the first break only and set alerts for that when it is near
  • #16,626
  • Apr 7, 2017 1:35am Apr 7, 2017 1:35am
Quoting billytt
another clue, look at the 04-00 bar against the previous Daily, look for breaks and retrace, especially if 04-00 fails it normally makes the Daily Range off the other end.
thanks again. i have started incorporating this into my stats. haven't added it to the entire range of data i managed to collect but i can already see that if we have a small daily range at the time of the break those usually cough up more pips. or if we have a failure with a small daily range the other end usually hits adr. so in reference to the previous day are you talking about the range of that day being made>?
  • #16,627
  • Apr 7, 2017 2:21am Apr 7, 2017 2:21am
AU just broke, lets see!
  • #16,628
  • Apr 7, 2017 2:34am Apr 7, 2017 2:34am
morning all, i took 5% off the 07-45 break short (Cable) it was also the low of the 04-00 bar AND 4 away from yesterdays daily low.
I am happy. nothing stopping adding another short as the +10 hasnt been made on all 3, time now is 08-34
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,629
  • Apr 7, 2017 2:35am Apr 7, 2017 2:35am
dont forget it is NFP day.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,630
  • Apr 7, 2017 2:44am Apr 7, 2017 2:44am
AU taking the piss probably gna have to counter. luckily I'm not trading live and not crazy enough to do so on NFP day.......


.... yet XD
  • #16,631
  • Apr 7, 2017 2:46am Apr 7, 2017 2:46am
Chart is Cable 15 min, so you can see.copied approx 08-40ish, time now 08-45
Attached Image

red line is 04-00 bar High/Low and the black is yesterdays Daily low.

edit, the 04-00 low is also the 07-45 low. Lets see if it continues down or breaks the 04-00 High, If so will it go on to make the Daily High of today. lets look for adr. time right now 08-49
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,632
  • Apr 7, 2017 2:48am Apr 7, 2017 2:48am
nice one bill, three levels all lining up there!

can anyone help me with finding a broker with an mt4 demo that has UK chart time. i just opened one on fxcm but for some reason theres is an hour behind so the h4 and daily is still gona be f*^!*ed
  • #16,633
  • Apr 7, 2017 2:51am Apr 7, 2017 2:51am
PLEASE NOTE, IT CAN FAIL. and NFP DAY
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,634
  • Apr 7, 2017 2:53am Apr 7, 2017 2:53am
Quoting billytt
morning all, i took 5% off the 07-45 break short (Cable) it was also the low of the 04-00 bar AND 4 away from yesterdays daily low. I am happy. nothing stopping adding another short as the +10 hasnt been made on all 3, time now is 08-34
07-45 is better than 04-00 A/U?
  • #16,635
  • Apr 7, 2017 3:00am Apr 7, 2017 3:00am
Quoting Piphunter00
nice one bill, three levels all lining up there! can anyone help me with finding a broker with an mt4 demo that has UK chart time. i just opened one on fxcm but for some reason theres is an hour behind so the h4 and daily is still gona be f*^!*ed
JFD Brokers. Cyprus-based but UK time charts.
  • #16,636
  • Apr 7, 2017 3:01am Apr 7, 2017 3:01am
Quoting DavidRP
{quote} 07-45 is better than 04-00 A/U?
AU is like a big, friendly labrador. Always there for you and always reliable.
  • #16,637
  • Apr 7, 2017 3:03am Apr 7, 2017 3:03am
Quoting lemercenaire
{quote} JFD Brokers. Cyprus-based but UK time charts.
the lemster himself! always a big help thanks
  • #16,638
  • Apr 7, 2017 3:04am Apr 7, 2017 3:04am
Quoting lemercenaire
{quote} AU is like a big, friendly labrador. Always there for you and always reliable.
until he runs too far across the field and goes to fetch a stick -16 pips away

although on my stats -16 is the deepest retrace to successfully make it back to original entry point and it seems sellers have stepped in, price now sitting jus below -10 from the break, if its gonna make it back to the low there isn't much else it can do the upside now apart from break it by the looks of it.

got me lil demo counter stuck in ready and waiting lol

how do you guys deal with counters over the weekend or do you avoid them? isn't the swap something like 3 days or something
  • #16,639
  • Apr 7, 2017 3:19am Apr 7, 2017 3:19am
Quoting DavidRP
{quote} 07-45 is better than 04-00 A/U?
Hello David RP, erm erm long story.
I traded for someone a few weeks ago off Cable 07-45 bar.
i am looking for any big move off UK open. with this i do not counter but actually put a stop on to close trade ..
and i compound.
A/U 04-00 break is my sort of trading now as it is more relaxed and slow, just lately the stats are slowly altering ( since last June)
i would honestly say stay with A/U 04-00 but if you want white knuckle ride and heart palpitations go for 07-45. Hope you are ok..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,640
  • Apr 7, 2017 3:20am Apr 7, 2017 3:20am
Quoting lemercenaire
{quote} JFD Brokers. Cyprus-based but UK time charts.
was that time charts or time share? lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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