Billytt Die happy trading e/j daily breakout | Page 1033 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #20,641
  • Jul 27, 2017 12:11pm Jul 27, 2017 12:11pm
The B*A*D set up did eventually take the breakout route to success as well as my WZ...

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  • #20,642
  • Jul 27, 2017 3:23pm Jul 27, 2017 3:23pm
Quoting bojack34
{quote} Hedging would be when you take 2 pairs that are correlated in a way that you stay even and then you add a 3rd pair that you use to gain profits from. I'm sure there are many hedging methods out there....that is just an example that I read somewhere. But Hedging is using different Pairs to hedge each other out to minimize your losses. Countering is when you enter a trade at the same place you would normally use a SL. Instead of saying "you win" to the broker and use a SL, you say FU to the broker and you enter a trade in the opposite direction
and...
Bo

Thanks I got it now
I was wondering but now it's clear why it's not hedging but counter
trying to make everyday the best risk/reward decisions possible
  • #20,643
  • Jul 27, 2017 4:31pm Jul 27, 2017 4:31pm
Hope everyone has had a good day.

Here's how the Dead Zone pairs played out...

EURJPY
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USDCAD
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AUDUSD
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USDNOK
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GBPNZD
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  • #20,644
  • Jul 27, 2017 4:33pm Jul 27, 2017 4:33pm
AUDNZD
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GBPUSD
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CADJPY
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NZDUSD
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NZDJPY
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  • #20,645
  • Jul 27, 2017 4:35pm Jul 27, 2017 4:35pm
XAUUSD
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USDJPY
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GBPJPY
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GER30
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OILUSD
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  • #20,646
  • Jul 27, 2017 4:39pm Jul 27, 2017 4:39pm
Meant to say earlier, that I had watched some kind of ''Billy-Porn'', last night. Programme called ''The Joy of Stats''...

Actually extremely interesting and made even more so by a hugely charismatic presenter, Hans Rosling. Well worth a watch if you can track it down.

Right, that's me. Catch y'all tomorrow.
  • #20,647
  • Jul 27, 2017 5:24pm Jul 27, 2017 5:24pm
Quoting lemercenaire
Meant to say earlier, that I had watched some kind of ''Billy-Porn'', last night. Programme called ''The Joy of Stats''... Actually extremely interesting and made even more so by a hugely charismatic presenter, Hans Rosling. Well worth a watch if you can track it down. Right, that's me. Catch y'all tomorrow.
Found it on U Tube Lem, thanks for heads up, will have a look tomorrow ,,, need some ZZZZZZzzzzzss ready for FRiday,,,, mmm Last Friday of Month = ??? good night
  • #20,648
  • Jul 27, 2017 7:11pm Jul 27, 2017 7:11pm
Quoting lemercenaire
Meant to say earlier, that I had watched some kind of ''Billy-Porn'', last night. Programme called ''The Joy of Stats''... Actually extremely interesting and made even more so by a hugely charismatic presenter, Hans Rosling. Well worth a watch if you can track it down. Right, that's me. Catch y'all tomorrow.
I had a look on you tube, i watched about 30 mins but only perked up when he spoke of distribution and averages...
I reckon because i deal in stats all of the time it wasnt an eye opener, but a good post
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,649
  • Jul 27, 2017 7:28pm Jul 27, 2017 7:28pm
Quoting billytt
{quote} I had a look on you tube, i watched about 30 mins but only perked up when he spoke of distribution and averages... I reckon because i deal in stats all of the time it wasnt an eye opener, but a good post
Lol. It must have been like taking coals to Newcastle for you

I just liked the guy's passion.
  • #20,650
  • Jul 27, 2017 7:40pm Jul 27, 2017 7:40pm
Quoting lemercenaire
{quote} Lol. It must have been like taking coals to Newcastle for you I just liked the guy's passion.
yes indeed, he is a very passionate presenter, loves his work
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,651
  • Jul 28, 2017 12:26am Jul 28, 2017 12:26am
Billy, Lem, Claudia, Mr T ...anyone else who would like to comment..........how do feel about trading on the last day of the month?
  • #20,652
  • Jul 28, 2017 12:31am Jul 28, 2017 12:31am
Hi Billy,

I notice that you use mid price, which is (Bid+Ask)/2, and you cut the extra point to get the whole number. (Not round up or round down)
I'm a little confused... if you don't mind.. here is a hypothesis situation about it..

Bid=12345.4, Ask=12345.8, (Bid+Ask)/2=12345.6
Initial Trigger = 12345.6, then cut that extra "0.6" point
Final Trigger = 12345

After cutting extra point,
final trigger is always less than initial trigger, no matter what number the extra point is. (extra point could varias from "0.1" to "0.9")

Is that right?

Thanks
  • #20,653
  • Jul 28, 2017 1:56am Jul 28, 2017 1:56am
Quoting bojack34
Billy, Lem, Claudia, Mr T ...anyone else who would like to comment..........how do feel about trading on the last day of the month?
If it has a trigger line, trade it lol.
We hear talk of fixing,correcting ,balancing,take profit etc. Markets still move and dont forget i look for 5%.
It is up to the individual, sometimes we get gut feeling to not trade trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,654
  • Jul 28, 2017 1:56am Jul 28, 2017 1:56am
t 07-56 trade well all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,655
  • Jul 28, 2017 2:05am Jul 28, 2017 2:05am
I wasn't ready to trade the 04-00 break due to my 3 yr old waking up....lol. I'm now hoping for a fail so I can go for that very high % rate for +5 on the counter.

EDIT: Of course AU gets +5....it's a machine! Fridays...EOM....NFP.....doesn't matter! haha.
  • #20,656
  • Jul 28, 2017 2:05am Jul 28, 2017 2:05am
Quoting classicJ
Hi Billy, I notice that you use mid price, which is (Bid+Ask)/2, and you cut the extra point to get the whole number. (Not round up or round down) I'm a little confused... if you don't mind.. here is a hypothesis situation about it.. Bid=12345.4, Ask=12345.8, (Bid+Ask)/2=12345.6 Initial Trigger = 12345.6, then cut that extra "0.6" point Final Trigger = 12345 After cutting extra point, final trigger is always less than initial trigger, no matter what number the extra point is. (extra point could varias from "0.1" to "0.9") Is that right? Thanks
yes, If High was xxx.1 i would long at xxx
If Low was xxx.2 i would short at xxx
it isnt mathematically correct but this is how i trade my method.
With a High Break we could sometimes be whole point out as you mentioned xxx.9 for example,,, enter at xxx
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,657
  • Jul 28, 2017 2:08am Jul 28, 2017 2:08am
t 08-06 E/U broke High for the 5 after spread, i had one lot on it. and that was my final trade for my lady.
she ended up with £650 yaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,658
  • Jul 28, 2017 2:09am Jul 28, 2017 2:09am
E/J Long broke for +10. i did not trade it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,659
  • Jul 28, 2017 2:11am Jul 28, 2017 2:11am
A/U High broke, + 6 made and a retrace, ,it is still running. The + 5 has been made if you had a small spread off broker. Lets see with this one
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #20,660
  • Jul 28, 2017 2:11am Jul 28, 2017 2:11am
Cable, still waiting t 08-11
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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