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Billytt Die happy trading e/j daily breakout

  • #20,101
  • Jul 14, 2017 3:55am Jul 14, 2017 3:55am
Quoting bojack34
Billy do you ever Compound on the next day's Original Trigger break? Or is it ALWAYS on the Opposite Trigger on the Counter Trade? TY!
The best stats are trade off a fail..

.example 1... High Fails so short off the Low, you then have a high probability of getting Daily Low and/or +20....
We then take a part of that 20 for the compound..

example 2,,, High breaks and makes x amount (a good trade) then retraces down to break Low,, we can still hunt the Daily Low but due to the range already made, it might/might not make the +20.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,102
  • Jul 14, 2017 3:56am Jul 14, 2017 3:56am
Quoting billytt
{quote} The best stats are trade off a fail.. .example 1... High Fails so short off the Low, you then have a high probability of getting Daily Low and/or +20.... We then take a part of that 20 for the compound.. example 2,,, High breaks and makes x amount (a good trade) then retraces down to break Low,, we can still hunt the Daily Low but due to the range already made, it might/might not make the +20.
Thanks for the quick reply....you're too quick. I edited my reply because i had another question...sorry.

When your original trade fails and you counter, if/when you put in 2 trades on the Counter....do you ever "double" the lot size of the first trade going for +5? Or, is it ALWAYS same lot size as the original failed trade?
  • #20,103
  • Jul 14, 2017 4:03am Jul 14, 2017 4:03am
Quoting bojack34
Billy do you ever Compound on the next day's Original Trigger break? Or is it ALWAYS on the Opposite Trigger on the Counter Trade? ALSO, when your original trade fails and you counter, if/when you put in 2 trades on the Counter....do you ever "double" the lot size of the first trade going for +5? Or, is it ALWAYS same lot size as the original failed trade? Sorry for 2 questions at once. TY Billy!!
i will compound off the next days original trigger IF IT IS A SHORT lol...
Compounding has different rules. I am very selective with my trades...
Trade 1 if it fails i counter.
Trade 1 i might look for +20 or +10 with 2 lots or +10 with double the lot size.
Trade 2 as above +20 or +10 times 2..
Trade 3 as above.
with compound , i get trigger and if it retraces i close down,perhaps with only a point or two.
Like i say i am very selective as you may of noticed.
Its mainly because we start using massive lot size, especially if you compound 4,5,6 times etc
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,104
  • Jul 14, 2017 4:06am Jul 14, 2017 4:06am
Quoting billytt
{quote} i will compound off the next days original trigger IF IT IS A SHORT lol... Compounding has different rules. I am very selective with my trades... Trade 1 if it fails i counter. Trade 1 i might look for +20 or +10 with 2 lots or +10 with double the lot size. Trade 2 as above +20 or +10 times 2.. Trade 3 as above. with compound , i get trigger and if it retraces i close down,perhaps with only a point or two. Like i say i am very selective as you may of noticed. Its mainly because we start using massive lot size, especially if you compound...
wow...I'm really going to have to read this one 5 or 6 times. It's kind of hard to understand but I can tell there is a lot of valuable info in that comment. Thanks Billy.
  • #20,105
  • Jul 14, 2017 4:08am Jul 14, 2017 4:08am
Quoting bojack34
{quote} Thanks for the quick reply....you're too quick. I edited my reply because i had another question...sorry. When your original trade fails and you counter, if/when you put in 2 trades on the Counter....do you ever "double" the lot size of the first trade going for +5? Or, is it ALWAYS same lot size as the original failed trade?
i will double lot size sometimes, dont forget i look for Daily Range or +20, and don't forget some of my extra %%% from past wins will offset the loss
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,106
  • Jul 14, 2017 4:13am Jul 14, 2017 4:13am
Quoting billytt
{quote} i will double lot size sometimes, dont forget i look for Daily Range or +20, and don't forget some of my extra %%% from past wins will offset the loss
Yes...I don't forget. I'm just trying to figure out if it's best to just put in 2 trades on the counter with BOTH being REGULAR lot size.....or if I should DOUBLE the 1 trade going for +5. Thanks Billy. It looks like I printed off my 04-00 notes 1 night too early. I put everything on Microsoft Word and I only have 34 pages of Notes for the 04-00 AU Break!!! LOL. Thanks for EVERYTHING you do Billy!
  • #20,107
  • Jul 14, 2017 4:13am Jul 14, 2017 4:13am
Quoting bojack34
{quote} wow...I'm really going to have to read this one 5 or 6 times. It's kind of hard to understand but I can tell there is a lot of valuable info in that comment. Thanks Billy.
double up 1$ or £1, 5 times, forget margin...
1 2 4 8 16.
double up $10 or £10 , 5 times
10 20 40 80 160...
steady yourself, do it 10 times.. i have 3 occasions .yaaaaaaaaaaaaaaaaaaay thats why i dont trade anymore, or maybe rarely
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,108
  • Jul 14, 2017 4:14am Jul 14, 2017 4:14am
Quoting bojack34
{quote} Yes...I don't forget. I'm just trying to figure out if it's best to just put in 2 trades on the counter with BOTH being REGULAR lot size.....or if I should DOUBLE the 1 trade going for +5. Thanks Billy. It looks like I printed off my 04-00 notes 1 night too early. I put everything on Microsoft Word and I only have 34 pages of Notes for the 04-00 AU Break!!! LOL. Thanks for EVERYTHING you do Billy!
thanks bud, i love helping
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,109
  • Jul 14, 2017 4:16am Jul 14, 2017 4:16am
Quoting billytt
{quote} thanks bud, i love helping
Good! because I thought that I was asking wayyyy toooo many questions and I was starting to get on your nerves!!
  • #20,110
  • Edited 4:33am Jul 14, 2017 4:19am | Edited 4:33am
t 10-16 Cable,A/U and E/J still the same as last time, nothing happening.
I am trying to read these E/J stats she has 4 hour bar and 1 hour bar info and from what i can see it looks like the better trade option is to trade off the 07-00 and 11-00 bar .....


edit,,,it looks like she has mixed the bars, trade off the 1 hour and use the 04-00 for a fail
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,111
  • Jul 14, 2017 4:34am Jul 14, 2017 4:34am
Lots of news at 13-30 from US
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,112
  • Jul 14, 2017 4:34am Jul 14, 2017 4:34am
Is the USD HIN coming up in a few hours anything to worry about? Sometimes I can't tell between the HIN that is relevant and the HIN that is NOT so relevant.
  • #20,113
  • Jul 14, 2017 4:48am Jul 14, 2017 4:48am
Quoting billytt
t 10-16 Cable,A/U and E/J still the same as last time, nothing happening. I am trying to read these E/J stats she has 4 hour bar and 1 hour bar info and from what i can see it looks like the better trade option is to trade off the 07-00 and 11-00 bar ..... edit,,,it looks like she has mixed the bars, trade off the 1 hour and use the 04-00 for a fail
I was thinking that the 6:00 1h bar got better stats than 7:00 bar
trying to make everyday the best risk/reward decisions possible
  • #20,114
  • Jul 14, 2017 5:11am Jul 14, 2017 5:11am
Quoting slowbrain
{quote} I was thinking that the 6:00 1h bar got better stats than 7:00 bar
Thanks for the input SB,,,
she gave me stats for E/U ...
pages and pages of it.
Most of it is over my head but the charts look good.
E/U is alien to me but i am helping her....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,115
  • Jul 14, 2017 5:17am Jul 14, 2017 5:17am
Quoting bojack34
Is the USD HIN coming up in a few hours anything to worry about? Sometimes I can't tell between the HIN that is relevant and the HIN that is NOT so relevant.
FF is good at highlighting the effect of news .
The US news looks like it is all growth, so be ready for a shock plus we have speech too. (just saying as i have no idea at all)
Normally i try and stay away from news unless i am already in a trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,116
  • Jul 14, 2017 5:20am Jul 14, 2017 5:20am
i am cooking lunch for my Lady soon and tonight she has a Uni ball on,
i am not going but i have laid on 2 bodyguards for her. so she can arrive in style and pee off a person who dislikes her...(for no reason) except she is good at her job...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,117
  • Jul 14, 2017 5:26am Jul 14, 2017 5:26am
I did not trade my normal 04-00 AU Break today. I was waiting for Cable to reverse and break the lower trigger so I could trade the counter....but that never happened. I decided to make a couple of retrace trades off of the Cable High and got a total of 7 pips. I think I am satisfied since it is Friday and that HIN is coming out soon. I will just SOMH until next week! Thanks again for everything Billy!! I traded both the CCFp Basket for one day and the 04-00 AU Break all week and I came out +13.66%. Easy to do I guess when your bankroll is as small as mine is right now...hahahaha....but i'll take it! Have a nice weekend everyone!!
  • #20,118
  • Jul 14, 2017 9:45am Jul 14, 2017 9:45am

  1. USDCAD WH +18.4 pips (-4.1-8.8-9.1-9.1*4+9.6*8)
    Bought at WH high. Countered at WH mid. Closed the counter and added a buy at WH high. Closed all buys and added 4 sells at WH low. Closed all sells and added 8 buys at WH high. Aimed more than +5. TP was reached.

USDCAD M5

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  • #20,119
  • Jul 14, 2017 9:37pm Jul 14, 2017 9:37pm
A/U + Cable + E/J all went well with the breaks.

i was looking for Cable to drop but it never happened.
The E/U Long trade for my Lady was good, i am still sifting through her stats.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,120
  • Jul 14, 2017 11:59pm Jul 14, 2017 11:59pm
Quoting billytt
t 10-16 Cable,A/U and E/J still the same as last time, nothing happening. I am trying to read these E/J stats she has 4 hour bar and 1 hour bar info and from what i can see it looks like the better trade option is to trade off the 07-00 and 11-00 bar ..... edit,,,it looks like she has mixed the bars, trade off the 1 hour and use the 04-00 for a fail
Byllitt

Are you speaking of E/J or E/U stats ?
trying to make everyday the best risk/reward decisions possible
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