Billytt Die happy trading e/j daily breakout | Page 1479 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #29,561
  • May 28, 2018 10:42am May 28, 2018 10:42am
Quoting lemercenaire
{quote} This is pretty much Buy Zone (no counter though, you trade away from the Weekly Open only).
lem are you saying you should only trade away from the weekly open every morning at 8.15am on the 8.15 bar ? sorry im a little confused could you explain more please..
  • #29,562
  • May 28, 2018 10:45am May 28, 2018 10:45am
Quoting claudia1
{image} Might not be today but it will go.
Claudia the cad has been stuck up there for days ive been waiting to short it, cant stop up there much longer can it? or do you reckon it could have lots more to the upside to go ?
  • #29,563
  • May 28, 2018 10:46am May 28, 2018 10:46am
Quoting montego
{quote} im confused a bit here billy why do you trade the 8.15 bar if the 7.45 is better ?
Don't worry about it every day is different.

7.45 is when orders start going in pre London open. By 8.15 most orders filled.
  • #29,564
  • May 28, 2018 10:48am May 28, 2018 10:48am
Quoting montego
{quote} Claudia the cad has been stuck up there for days ive been waiting to short it, cant stop up there much longer can it? or do you reckon it could have lots more to the upside to go ?
I don't really know it that well was just looking for the break.
  • #29,565
  • May 28, 2018 10:52am May 28, 2018 10:52am
Quoting montego
{quote} im confused a bit here billy why do you trade the 8.15 bar if the 7.45 is better ?
I didnt say it was better, it is good.
i used to trade the 07-55 5 minute bar and compound it. This too is different.
Their are many different bars we can trade.
But i particularly like thew 08-00 15 bar.

Like i say , trade a preferred bar and stick to it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,566
  • May 28, 2018 10:55am May 28, 2018 10:55am
Quoting billytt
{quote} I didnt say it was better, it is good. i used to trade the 07-55 5 minute bar and compound it. This too is different. Their are many different bars we can trade. But i particularly like thew 08-00 15 bar. Like i say , trade a preferred bar and stick to it.
ohh ok bud get you now Thanks.
  • #29,567
  • May 28, 2018 11:02am May 28, 2018 11:02am
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  • #29,568
  • May 28, 2018 11:02am May 28, 2018 11:02am
Quoting billytt
{quote} I didnt say it was better, it is good. i used to trade the 07-55 5 minute bar and compound it. This too is different. Their are many different bars we can trade. But i particularly like thew 08-00 15 bar. Like i say , trade a preferred bar and stick to it.
How many did you look for on the 07-55 was it five the same ?
also billy compounding i think ive seen it somewhere before in the thread but say i get +5 at 0.10 lot the next day i go for +5 at 0.20 lot .
the next day do i compound again and add the two together and go for +5 at 0.30 lot?
  • #29,569
  • May 28, 2018 11:18am May 28, 2018 11:18am
Quoting montego
{quote} How many did you look for on the 07-55 was it five the same ? also billy compounding i think ive seen it somewhere before in the thread but say i get +5 at 0.10 lot the next day i go for +5 at 0.20 lot . the next day do i compound again and add the two together and go for +5 at 0.30 lot?
hi,, i went for a quick 5/10,
as for compounding , this is a more specialist approach off the 07-55 and risky if you are not on it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,570
  • May 28, 2018 11:28am May 28, 2018 11:28am
Lem's going to put his eyes in the top of his head but taking a punt on this. Still don't fully understand it.
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  • #29,571
  • May 28, 2018 12:53pm May 28, 2018 12:53pm
Quoting montego
{quote} lem are you saying you should only trade away from the weekly open every morning at 8.15am on the 8.15 bar ? sorry im a little confused could you explain more please..
No, no, no, no, no...this has nothing to do with anything here on Billy's methods.

Trading away from the weekly open comes from the method that uses the set up mentioned that is similar to Billy's.
  • #29,572
  • May 28, 2018 12:55pm May 28, 2018 12:55pm
Quoting claudia1
{quote} As if you have any say in the matter !
I can dream
every Saint has a past. Every Sinner has a Future
  • #29,573
  • May 28, 2018 1:02pm May 28, 2018 1:02pm
Quoting kevin1959
{quote} Hi Mr. T China clay area is a lovely area. I have driven through it when visiting the Eden project. we never got chance to see the hanging gardens Heligan, butt it is on my list. regards Kev
try and avoid Bank Holidays and School Holidays - that's when the "emmets" turn out in force and block the roads. Avoid Amesbury bypass ( A303) on those times since the daft buggers have altered the road and huge traffic jams build up approaching Stone Henge. I left home sometimes, when I lived in Cornwall, and couldn't reach the coast - roads choked by "emmets." Moved to Norfolk -loads of space and less concrete and housing - fewer "emmets.".
every Saint has a past. Every Sinner has a Future
  • #29,574
  • May 28, 2018 1:25pm May 28, 2018 1:25pm
Quoting montego
{quote} lem are you saying you should only trade away from the weekly open every morning at 8.15am on the 8.15 bar ? sorry im a little confused could you explain more please..
i don't think Lem means that..
It might be a different method.

i trade a straight break and it is very rare i look at trend etc.
5 points is a bit of momentum it either gets the 5 and retraces or gets 5 and keeps going.
i am out by the time traders start panicking
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,575
  • May 28, 2018 1:29pm May 28, 2018 1:29pm
Quoting lemercenaire
{quote} Ah well. So much for that ... I did see Refusal in the 5:40 @ 2.88 f 7 run though - Maiden Hurdle - and Wizadora worries me. Now I know why I like the nice, calm, straight forward DAX.
One for two today. Not bad.
  • #29,576
  • May 28, 2018 1:31pm May 28, 2018 1:31pm
Quoting billytt
{quote} i don't think Lem means that.. It might be a different method. i trade a straight break and it is very rare i look at trend etc. 5 points is a bit of momentum it either gets the 5 and retraces or gets 5 and keeps going. i am out by the time traders start panicking
Yeah, Billy. I posted above that it was a different method.
  • #29,577
  • May 28, 2018 1:35pm May 28, 2018 1:35pm
Quoting lemercenaire
{quote} Yeah, Billy. I posted above that it was a different method.
ops, i must of missed it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #29,578
  • May 28, 2018 3:40pm May 28, 2018 3:40pm
Claudia?

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  • #29,579
  • May 28, 2018 3:48pm May 28, 2018 3:48pm
Quoting lemercenaire
Claudia? {image} {image}
H4 Overview...

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  • #29,580
  • May 28, 2018 4:14pm May 28, 2018 4:14pm
Quoting lemercenaire
{quote} H4 Overview... {image}
Looks my sort of thing.

Avoid oil though simply as I'm into BP and Shell as long term invests.
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