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Billytt Die happy trading e/j daily breakout
- #18,642
- Jun 12, 2017 3:36pm Jun 12, 2017 3:36pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
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- #18,644
- Edited 7:33pm Jun 12, 2017 7:15pm | Edited 7:33pm
Morning all..! The opening hour candle did not trigger the order I set inc a spread, the next bar made a fast move to grap 5 plps
I forgot to screenshot it , sorry
I forgot to screenshot it , sorry
Onwards and upwards...
- #18,645
- Jun 12, 2017 7:17pm Jun 12, 2017 7:17pm
Morning all..! The opening hour candle is a IB, the next bar made a fast move to grap 5 plps I forgot to screenshot it , sorry {image}
Micro account still but coin all the same
Onwards and upwards...
- #18,646
- Jun 12, 2017 7:27pm Jun 12, 2017 7:27pm
- Joined Mar 2017 | Status: Trader | 2,054 Posts
EDIT: I'm sorry I tried to change the picture because it had my live account number on there and i wasn't sure if that was allowed so i changed pictures and I didn't realize that my Buy Stop and Trailing Stop lines are gone. Sorry.
Ok here's my first attempt at the WH and my first screen shot of a live trade.......bear with me....
Here was my thought process with this trade....
1) When price broke my LOWER TRIGGER I decided I was going to wait to ENTER the trade and I was going to enter on the retrace instead of on the initial direction of the break since price was right at a 00 line. I knew that chances were that price would get close to the 00 line or just cross it and reverse back UP.
2) I entered when price entered the body of the signal candle at 123.028.
3) you can see my Mid Point line of the WH candle but what you can't see is that I added a position at the midpoint line 123.085 and closed it out at the TOP TRIGGER line 123.154
4) the red line you see on the screen that says SL is my Trailing Stop that I had set at 2.5 pips for the original trade.
5) when the next candle formed it went up a little bit more and then retraced and hit my Trailing Stop.
6) both trades were successful.
Ok here's my first attempt at the WH and my first screen shot of a live trade.......bear with me....
Here was my thought process with this trade....
1) When price broke my LOWER TRIGGER I decided I was going to wait to ENTER the trade and I was going to enter on the retrace instead of on the initial direction of the break since price was right at a 00 line. I knew that chances were that price would get close to the 00 line or just cross it and reverse back UP.
2) I entered when price entered the body of the signal candle at 123.028.
3) you can see my Mid Point line of the WH candle but what you can't see is that I added a position at the midpoint line 123.085 and closed it out at the TOP TRIGGER line 123.154
4) the red line you see on the screen that says SL is my Trailing Stop that I had set at 2.5 pips for the original trade.
5) when the next candle formed it went up a little bit more and then retraced and hit my Trailing Stop.
6) both trades were successful.
- #18,651
- Jun 13, 2017 2:31am Jun 13, 2017 2:31am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #18,653
- Jun 13, 2017 2:37am Jun 13, 2017 2:37am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #18,654
- Jun 13, 2017 2:40am Jun 13, 2017 2:40am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #18,655
- Jun 13, 2017 2:40am Jun 13, 2017 2:40am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Good to see everyone did well overnight. I went to bed, lol.
Took the alternative route and hit The Frankenbreak and that paid off just fine. +5 clean.
Took the alternative route and hit The Frankenbreak and that paid off just fine. +5 clean.
- #18,657
- Jun 13, 2017 2:45am Jun 13, 2017 2:45am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Let the DAX 06:00 - 08:00 go again as that range was pushing the limit for me. Turned out that after a small hesitation (a fake-fake-out?) it went on to make the +5 easily (and is pumping on for a good bit more on top). Oh well...
- #18,660
- Edited 3:54am Jun 13, 2017 3:36am | Edited 3:54am
- Joined Mar 2017 | Status: Trader | 2,054 Posts