That was a good call.

Billytt Die happy trading e/j daily breakout

Only issue would be that R1 is also quite close to Friday's high. Price has already broken through that earlier today so it could be a freight train if/when it gets there. I will monitor closely and start selling if I see a number of red 5 minute ...

Billytt Die happy trading e/j daily breakout

With the speed GU is going at, we might get there before NY opens

Billytt Die happy trading e/j daily breakout

Yes 2 fails today, which is not very common but can happen. Have a look at the hourly bar breaks to fix your fail. You will see most of the time when an hourly bar breaks, it can go a long way.

Billytt Die happy trading e/j daily breakout

Lol it has been quite lively this morning already. If we can get back above daily open, I think there's a chance we might touch 1.4050 again. I think I might start selling around that region, which is quite close to R1 as well.

Billytt Die happy trading e/j daily breakout

The 9am 1 hour bar has just broken the 8am 1 hour bar high. I am long.

Billytt Die happy trading e/j daily breakout

So far it looks like the Billy Bar short isn't doing that well either, and it looks like the long is about to break again.

Billytt Die happy trading e/j daily breakout

Thanks Lem . I’ve recently made another observation. When a bar breaks, or a range breaks, price likes to return back into the range (or the body of the candle). And if you’re looking for around 5 pips, more often than not you’ll get it ...

Billytt Die happy trading e/j daily breakout

So a counter could be entered going back into the body. And closed at around the 50% level. Or wherever, just not in the negative ideally. Knowing that price is likely to return towards the original break. Then if it does, you’ve got a handful of ...

Billytt Die happy trading e/j daily breakout

All the signs are pointing up the way. Let's see. Thankfully I did not trade the 12-4am range break this morning. Felt the daily open being down there might cause issues. It went down for a couple of pips and then shot up.

Billytt Die happy trading e/j daily breakout

GU quite spikey this morning. Trade safe all.

Billytt Die happy trading e/j daily breakout

Now that was fantastic. It was like the GU of old days lol. Trigger, and target hit within minutes.

Billytt Die happy trading e/j daily breakout

Not a million miles away from the weekly high. Wonder if that will get tested, or even 1.3850.

Billytt Die happy trading e/j daily breakout

Messy price action on GU. Range still only 38 for the day. Will we get another 10+ today or will it remain like this? I have orders either side like Claudia. Targets being daily pivot to the upside and DS2 if it breaks low. EU has had a much better ...

Billytt Die happy trading e/j daily breakout

Great info Billy thanks. Whilst this method can fail like yesterday, you would still potentially lose less if you entered on a retrace instead of straight break.

Billytt Die happy trading e/j daily breakout

Not liking these low range, slow days. Makes it a lot harder. Even Dax seems to be asleep. Need Lem to whip it into action!

Billytt Die happy trading e/j daily breakout

Slight . Probably 20 trades with a 75% success rate.

Billytt Die happy trading e/j daily breakout

Lol. Hope you are well too Billy. Price wants to get to 1.38. Let's see if that happens in the next hour or so. Don't like it when big moves happen in the Asian session, like today. Takes the fun out of breakout trading during the London session ...

Billytt Die happy trading e/j daily breakout

Strange day on GU today. Looks like consolidation before another move higher.

Billytt Die happy trading e/j daily breakout

Price stalled at R1 so I took some profit and got out. Will wait for US open now. Pending order got triggered almost 20 pips late as well. Ah well.

Billytt Die happy trading e/j daily breakout