Billytt Die happy trading e/j daily breakout | Page 970 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #19,381
  • Jun 26, 2017 3:21am Jun 26, 2017 3:21am
There's a plus 5 north on Cable and a plus five +++ when price goes south past wick zone and into body of 4am to 8am bar.
Back for dead zone Cad later.
every Saint has a past. Every Sinner has a Future
  • #19,382
  • Jun 26, 2017 3:34am Jun 26, 2017 3:34am
Quoting bojack34
Today's 04-00 AU.......I entered LONG at 75832 (.5 pips before trigger) and set my TP at 75877. Hit my TP in less than 30 minutes........2 for 2 now. EDIT: I didn't put in a 2nd trade today at the +5 mark because of the R1 line sitting right where I would place my trade and TP for my +5......so I decided NOT to place a 2nd trade and be happy with +5. {image}
I decided that since I didn't go for more than +5 because of the R1, I would try to trade the retrace. I entered a SHORT at 75871 and TP was 75841. I collect 3 more pips on the retrace although it was at 1/2 the lot size as OG. I left the trade at the bottom of the screen so you could see the SHORT retrace trade.

Sorry for the late update, I got caught up in copying my stats onto my cpu from my notebook. (long hand takes forever..lol)

EDIT: If I were greedy I could have also taken a SHORT at my lower trigger and went for the +5 off the opposite trigger since I know it hits at a VERY high %. I left it alone and now I'm SOMH.......Sitting On My Hands!!!

Attached Image (click to enlarge)
Click to Enlarge Name: W1 D2 upadte.png Size: 102 KB
  • #19,383
  • Jun 26, 2017 4:48am Jun 26, 2017 4:48am
E/G shy of completing the MDR by a couple points.
  • #19,384
  • Jun 26, 2017 4:55am Jun 26, 2017 4:55am
@Billy.........I've been using ADR using last 20 days average. What do you recommend I use for determining the daily range? ADR? ATR? last 20 days, last 5 days, last 10 days? Soooo many options. I just want to use the one that is best suited for your stats and the 04-00 AU. Thanks!
  • #19,385
  • Jun 26, 2017 5:04am Jun 26, 2017 5:04am
Quoting bojack34
@Billy.........I've been using ADR using last 20 days average. What do you recommend I use for determining the daily range? ADR? ATR? last 20 days, last 5 days, last 10 days? Soooo many options. I just want to use the one that is best suited for your stats and the 04-00 AU. Thanks!
i could be wrong here but im pretty sure adr and atr are the same thing. ADR is just in reference to daily bars. and obviously ATR is the indicator that you can stick on any timeframe.

and i believe billy makes use of 5 & 20 and will sometimes calculate it from a custom range

hope thats of some help, im sure when billy shows up he will shoot you a response
  • #19,386
  • Jun 26, 2017 5:18am Jun 26, 2017 5:18am
Quoting Piphunter00
{quote} i could be wrong here but im pretty sure adr and atr are the same thing. ADR is just in reference to daily bars. and obviously ATR is the indicator that you can stick on any timeframe. and i believe billy makes use of 5 & 20 and will sometimes calculate it from a custom range hope thats of some help, im sure when billy shows up he will shoot you a response
Thanks PH, you're always great help!!
  • #19,387
  • Jun 26, 2017 7:14am Jun 26, 2017 7:14am
Nowt doing on my CAD dead Zone thus far. But Lems SP500 Dead Zone took off !
Attached Image (click to enlarge)
Click to Enlarge Name: SP500DZ1313.jpg Size: 510 KB
every Saint has a past. Every Sinner has a Future
  • #19,388
  • Jun 26, 2017 8:22am Jun 26, 2017 8:22am
Quoting bojack34
{quote} Thanks PH, you're always great help!!
They're not the same.

ADR is as it says a measure of average daily range for whatever period you choose.

ATR is a volatility indicator.
  • #19,389
  • Jun 26, 2017 8:46am Jun 26, 2017 8:46am
@David RP - held this lot from Friday and was in a mess at one point but it played out.

Not good trading and once again was probably lucky. Got to believe in yourself !
Attached Image (click to enlarge)
Click to Enlarge Name: fri.png Size: 22 KB
  • #19,390
  • Jun 26, 2017 8:48am Jun 26, 2017 8:48am
Quoting claudia1
@David RP - held this lot from Friday and was in a mess at one point but it played out. Not good trading and once again was probably lucky. Got to believe in yourself ! {image}
good job, I like more messes than good days, they teach us more..
  • #19,391
  • Jun 26, 2017 8:49am Jun 26, 2017 8:49am
Quoting DavidRP
{quote} good job, I like more messes than good days, they teach us more..
I know that's why I posted it.
  • #19,392
  • Jun 26, 2017 9:21am Jun 26, 2017 9:21am
good afternoon, i just got back from Lady's. i traded from her place .
Cable and A/U both good for 9%, cannot add more, We had chance to trade more but i shut up shop, have a good day all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,393
  • Jun 26, 2017 9:23am Jun 26, 2017 9:23am
Quoting billytt
good afternoon, i just got back from Lady's. i traded from her place . Cable and A/U both good for 9%, cannot add more, We had chance to trade more but i shut up shop, have a good day all
Hi
  • #19,394
  • Jun 26, 2017 9:25am Jun 26, 2017 9:25am
Quoting bojack34
@Billy.........I've been using ADR using last 20 days average. What do you recommend I use for determining the daily range? ADR? ATR? last 20 days, last 5 days, last 10 days? Soooo many options. I just want to use the one that is best suited for your stats and the 04-00 AU. Thanks!
good trades today, It is standard to use 20 day Average Daily Range i also use 10 and 5.
5 is used mainly for noticing something is going to happen. But they are usually all very close.
I then use what i call a modest range to look for points.
example,, Cable is 120 so i look at 90/100 it is all Frequency Distribution based and quite reliable
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,395
  • Jun 26, 2017 9:26am Jun 26, 2017 9:26am
Quoting claudia1
{quote} Hi
Hi Claudia hope you are well etc. i am ff out again very shortly
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,396
  • Jun 26, 2017 9:29am Jun 26, 2017 9:29am
Quoting bojack34
@Billy.........I've been using ADR using last 20 days average. What do you recommend I use for determining the daily range? ADR? ATR? last 20 days, last 5 days, last 10 days? Soooo many options. I just want to use the one that is best suited for your stats and the 04-00 AU. Thanks!
Read this http://www.remisiers.org/cms_images/...TR_AND_ADR.pdf
  • #19,397
  • Jun 26, 2017 9:33am Jun 26, 2017 9:33am
Quoting claudia1
{quote} Read this http://www.remisiers.org/cms_images/...TR_AND_ADR.pdf
yay i love it, brill post. It could of been written by me.... I will read and enjoy it later, thanks for posting
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,398
  • Jun 26, 2017 9:34am Jun 26, 2017 9:34am
Quoting billytt
{quote} yay i love it, brill post. It could of been written by me.... I will read and enjoy it later, thanks for posting
lol enjoy.
  • #19,399
  • Jun 26, 2017 9:54am Jun 26, 2017 9:54am
Cable being pushed up wait for the fall on fix.
  • #19,400
  • Jun 26, 2017 10:21am Jun 26, 2017 10:21am
Quoting claudia1
{quote} They're not the same. ADR is as it says a measure of average daily range for whatever period you choose. ATR is a volatility indicator.
thank you for this claudia!
7 traders viewing now