trying to make everyday the best risk/reward decisions possible
Billytt Die happy trading e/j daily breakout
- #18,542
- Jun 9, 2017 11:25am Jun 9, 2017 11:25am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #18,543
- Jun 9, 2017 11:52am Jun 9, 2017 11:52am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
example of retrace trade,
H = High,,, L = LOW,,, T =Trigger it had a 22 range.
we had a trigger and retraced up approx 8 points then down,,,,
it retraced back up again for approx 19 then down.This time it made the +10 after the trigger, end of this trade.
we could of made anything from 2 points to a modest 15 excluding the actual +5.
and yes it can fail, i will show examples
H = High,,, L = LOW,,, T =Trigger it had a 22 range.
we had a trigger and retraced up approx 8 points then down,,,,
it retraced back up again for approx 19 then down.This time it made the +10 after the trigger, end of this trade.
we could of made anything from 2 points to a modest 15 excluding the actual +5.
and yes it can fail, i will show examples
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #18,544
- Jun 9, 2017 11:57am Jun 9, 2017 11:57am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
another, cable from 5th june, last post was 2nd June
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #18,545
- Jun 9, 2017 12:04pm Jun 9, 2017 12:04pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
this is fail BUT you could of made 5 on the first retrace.
24 range..
high trigger then retrace, up then retrace down,this time it kept going down'.
Depending when you entered this trade , you wouldn't of lost the 24
24 range..
high trigger then retrace, up then retrace down,this time it kept going down'.
Depending when you entered this trade , you wouldn't of lost the 24
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #18,547
- Jun 9, 2017 3:21pm Jun 9, 2017 3:21pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Friday eve again and an interesting week, no doubt of that. Hope everyone came out green.
Again, my only play on the day was the DAX 06.00 - 08.00 but for-the-record, if I had been in the game, I'd like to think that my options would have come down to UC and GN.
Hope you got some of that UC goodness, Mr-T.
Again, my only play on the day was the DAX 06.00 - 08.00 but for-the-record, if I had been in the game, I'd like to think that my options would have come down to UC and GN.
Hope you got some of that UC goodness, Mr-T.
- #18,548
- Jun 9, 2017 3:25pm Jun 9, 2017 3:25pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
As for the charts as they all played out over the day, here ya' go...
EURJPY
USDCAD
AUDUSD
USDNOK
GBPNZD
EURJPY
USDCAD
AUDUSD
USDNOK
GBPNZD
- #18,549
- Jun 9, 2017 3:28pm Jun 9, 2017 3:28pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
AUDNZD
GBPUSD
CADJPY
NZDUSD
NZDJPY
GBPUSD
CADJPY
NZDUSD
NZDJPY
- #18,550
- Jun 9, 2017 3:30pm Jun 9, 2017 3:30pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
XAUUSD
USDJPY
GBPJPY
GER30
OILUSD
USDJPY
GBPJPY
GER30
OILUSD
- #18,551
- Jun 9, 2017 3:41pm Jun 9, 2017 3:41pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Before I head off - I took a quick look at how the Frankfurt Break would have done and as it turns out, straight forward, bish-bash-bosh. Good old Frankenbreak.
- #18,554
- Jun 9, 2017 3:59pm Jun 9, 2017 3:59pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Wouldn't this have been a no go for the box range Lem?
- #18,555
- Jun 9, 2017 4:10pm Jun 9, 2017 4:10pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
