Hi Claudia, could you share this Pivot Points Indicator you are using?

Nice trading Billy. BillyBar high break keeps going north. About 50 Pips so far. Looks like it wants to go back to the Pivot? (I have no clue about Pivot Points).

You will hit +5 most of the time. What is your typical spread for GU, you pay for commissions too? The gif, forget about it. I tried to be funny...

You like that "+4" ? +5 here... image

Thanks, i looked at it exactly the way you describe by trying to find options for a plan b, 12-4 no stats yet, just started to look at.

Ah i see, yes i included one too many there. Should be 02 including 05 then. I see what Billy has posted. I am not too sure about switching to even another time frame chart to do something there i have no plan of. "Play" is no option for me, i think ...

I think about starting my day with the BillyBar at higher lot size and taking the first initial break high or low looking for +5. If that (plan a) fails i would have to counter it at the opposite end or take SL. Like you say, things start to get ...

Sorry for the misunderstanding, my broker time is GMT +2. So i guess i can´t look at the H4 candle that opens at 00 and closes at 04. So i have to switch to a H1 chart and look at this range right? 02 AM - 06 AM on my chart (brokers time). It broke ...

@ia1979, when you talked about 12-4 range, you mean 00 (midnight) - 04 am UK time (i marked by the red vertical line), not the 12-16 that develops right now. image If you mean 00-04 am, here the high broke for about +30 today and the low broke as ...

Do you trade cryptos? Bitcoin moves 3% a day on average. I belive its 4000 Pips. So even more room.

+5 of the low break, thanks.

Oh yes... I could ask endless amount of questions regarding money/risk management but Billy and some others will get a heart attack soon if i don´t stop asking newbie questions What i am doing so far is: My goal is to average a 5% by the end ...

Hi, yes. I tried it a few times. I find it difficult to decide either to take the retrace or not. I mean based on which criteria. Perhaps you can do this based on what you see in the moment price is doing. So experience, feeling, trained eyes, a bit ...

Hello Fagin. Thanks, not fully understand your stats but that’s ok. I do count stats on the BillyBar but in a different way. I can share my stats for every day of the 2020 if interested, i have some excel sheet for it. I found out the average first ...

You know Tom Hougaard? I am following him for some months, also in the Telegram Group. But his approach seems to be different, he likes to add to positions. I always wonder if he would do the same or did the same while doing this for a living in his ...

Hi Michael, thanks for your answer. Indeed, I did add a second trade of same size to yesterdays high after the low failed, this got me +5. So at least reduced the fail a bit -19 + 5, so only left with a -14. But sometimes the second break fails too, ...

One of the best answers i found so far. Thanks so much. So at least i don't think too much different on the hole subject. I am also doing the statistics and backtesting. What i found out is that in 2020 the third opposite break of the BillyBar range ...

Yes you have a some good valid points here. I tried to say with it that nobody should have to worry/care about me losing money or not while experimenting. So far i was always able to fix those fails BUT thats exactly the point. What i do to fix is ...

Here is the trade of the BillyBar from yesterday (19.01) i was talking of regarding countering. I still not managed to "fix" it nor tried to. What some told me to undoing the hedge (waiting for the new setup). So I should have exited the positive ...

Thank you I will try what you said.