Billytt Die happy trading e/j daily breakout | Page 1531 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #30,601
  • Jun 17, 2018 8:22am Jun 17, 2018 8:22am
Quoting dogdays713
{quote} when you say it, all comes down to grunt-work. How much are you willing to do? It better be a lot. what is the grunt-work?
Hi Dog, it means studying and getting to know the method. STATS/PROBABILITY ETC
Last week for instance i was not 100% certain of a Long trade so i kept out, I was wrong but the stats were right, cable went up.

I had a cable short which i also left, i was correct..
I had doubt so i kept out. We always have tomorrow to trade when everything aligns.

sometimes trading just needs a bit of human thinking to compliment the stats. (Not always) because in the future when taking stats humAN THOUGHT IS NOT ADDED.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,602
  • Jun 17, 2018 8:26am Jun 17, 2018 8:26am
Quoting billytt
{quote} Hi Dog, it means studying and getting to know the method. STATS/PROBABILITY ETC Last week for instance i was not 100% certain of a Long trade so i kept out, I was wrong but the stats were right, cable went up. I had a cable short which i also left, i was correct.. I had doubt so i kept out. We always have tomorrow to trade when everything aligns. sometimes trading just needs a bit of human thinking to compliment the stats. (Not always) because in the future when taking stats humAN THOUGHT IS NOT ADDED.
I am sorry, but what stats are you keeping track of?
  • #30,603
  • Jun 17, 2018 8:37am Jun 17, 2018 8:37am
Quoting dogdays713
{quote} I am sorry, but what stats are you keeping track of?
quick example....
Cable 04-00 4 hour bar.
If high/low breaks log down how many it breaks by,, 5/10/ 2/6points ??? etc NOT AVERAGE.
Log how many Wins and Fail, How many entries which break and carry on OR how many Retrace then win.
we start getting patterns.
then we take the stats off the other end of bar IF it fails.
Once we are confident of these stats we can then play them off another Bar.
AND THEN WE HAVE COMPOUNDING yaaaaaaaaaaaaaaaaaay.

i make more following a fail and correcting it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,604
  • Jun 17, 2018 8:45am Jun 17, 2018 8:45am
when taking stats especially Frequency Distribution...

EXAMPLE..we may look at an idea we have,
and the stats are win win win lose win win lose win win etc OR lose lose lose win lose lose win.

The win is good BUT the Loss can be converted into win trades because we know they will happen easy lol
i would never of traded the above example.
what we do not want is win win lose win lose lose lose win lose etc consolidation kills
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,605
  • Jun 17, 2018 8:47am Jun 17, 2018 8:47am
AND forget about the recommended money management cliche'
On paper my trading style should not work
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,606
  • Jun 17, 2018 9:01am Jun 17, 2018 9:01am
Quoting dogdays713
everyone here is so cool, from what I have read the best traders are nice people too. I like this thread because of you guys and girls are friends, and it shows it just not about trading.

Yeah i am definitely agree. This thread is special, because it's made by special people: a little pearl in a giant ocean.
  • #30,607
  • Jun 17, 2018 9:06am Jun 17, 2018 9:06am
Quoting billytt
AND forget about the recommended money management cliche' On paper my trading style should not work
thank you, Mr. B!
  • #30,608
  • Jun 17, 2018 12:44pm Jun 17, 2018 12:44pm
Quoting billytt
wow 02-25 here, lots of work to do and hopefully sleep in the morning. I work best at night, gf is all snug and sleeping
Sleep ! Ah yes - that state not normally disturbed by a five year old grandson bouncing onto your bed at 5 am and shouting that the sun is shining and we must get up for breakfast. Well.............!
Attached Image
every Saint has a past. Every Sinner has a Future
  • #30,609
  • Jun 17, 2018 2:11pm Jun 17, 2018 2:11pm
Worth a go as a freebie.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 181 KB
  • #30,610
  • Jun 17, 2018 2:38pm Jun 17, 2018 2:38pm
Quoting claudia1
Worth a go as a freebie. {image}
Are Mexico and Switzerland in that list, lol?
  • #30,611
  • Jun 17, 2018 2:49pm Jun 17, 2018 2:49pm
Quoting lemercenaire
{quote} Are Mexico and Switzerland in that list, lol?
Unfortunately not !. I drop Vlad an email he should have a good idea of forthcoming results.
  • #30,612
  • Jun 17, 2018 5:07pm Jun 17, 2018 5:07pm
Quoting turnip15
{quote} Sleep ! Ah yes - that state not normally disturbed by a five year old grandson bouncing onto your bed at 5 am and shouting that the sun is shining and we must get up for breakfast. Well.............! {image}
Hi mr T, hope all is well.
i have slept well today lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,613
  • Jun 17, 2018 5:08pm Jun 17, 2018 5:08pm
Good evening all . If anyone trades this evening i hope you do well.
It is another week to trade and that i will be doing in the morning after 08-15.
(or hopefully)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,614
  • Jun 17, 2018 5:12pm Jun 17, 2018 5:12pm
t 23-10
i have noticed Cable is boxed in on the hour bar and the 15 bar it is being squeezed in.
ONLY ONE THING CAN HAPPEN, its going to break out lol.
That is the easy part, which way?????
If you go for it lets hope it is a legitimate break.
I hate saying False.
trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,615
  • Jun 17, 2018 5:23pm Jun 17, 2018 5:23pm
t 23-22
Cable, if it can close approx 13250 it should drop (as in scalp) omg i am still at it.
At this time anything can happen and i must be getting bored.... lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,616
  • Jun 17, 2018 5:30pm Jun 17, 2018 5:30pm
t 23-30
and likewise it might move up to 13280 area and bounce back down lol..

i am bored.
Don't forget, no trigger no trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,617
  • Jun 17, 2018 5:45pm Jun 17, 2018 5:45pm
Quoting billytt
t 23-30 and likewise it might move up to 13280 area and bounce back down lol.. i am bored. Don't forget, no trigger no trade
Well watch this.

Cable has got no news to drive it.

Inserted Video
  • #30,618
  • Jun 17, 2018 5:48pm Jun 17, 2018 5:48pm
Quoting claudia1
{quote} Well watch this. Cable has got no news to drive it. https://www.youtube.com/watch?v=HfFPMlvLSHU
true true,

are we on the 4th day of the world cup and i haven't seen one ball yet yaaaaaaaaaaaaaaaay.

edit,,, having said that i do own a few FA Cup final balls which i keep in my garage, i remember having one in my garden which my daughter played with lol. All my Final Rugby Balls are in my house on display yaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #30,619
  • Jun 17, 2018 5:54pm Jun 17, 2018 5:54pm
Quoting billytt
{quote} true true, are we on the 4th day of the world cup and i haven't seen one ball yet yaaaaaaaaaaaaaaaay.
I read that 10% of the population of Iceland have gone to Russia. Probably only a few thousand but still impressive.
  • #30,620
  • Jun 17, 2018 5:56pm Jun 17, 2018 5:56pm
Quoting claudia1
{quote} I read that 10% of the population of Iceland have gone to Russia. Probably only a few thousand but still impressive.
That is true supporters
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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