Billytt Die happy trading e/j daily breakout | Page 1554 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #31,061
  • Jun 26, 2018 8:49am Jun 26, 2018 8:49am
First trade using method from post 1 (I think?). Caught 5 pips AU after 2pt spread.

I read through quite a bit of the thread yesterday and 1 thing I'm not clear on is the entry point when using yesterday's high and low. I decided that I would use a 3 pip buffer to try and avoid a retest wick. Or is the general rule to just enter right at the high/low if other conditions are met for trend, etc?

God bless and have a great day!


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Blessed is the one who takes refuge in Him.
  • #31,062
  • Jun 26, 2018 9:12am Jun 26, 2018 9:12am
And another 5

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Blessed is the one who takes refuge in Him.
  • #31,063
  • Jun 26, 2018 9:23am Jun 26, 2018 9:23am
Quoting reo4ua
First trade using method from post 1 (I think?). Caught 5 pips AU after 2pt spread. I read through quite a bit of the thread yesterday and 1 thing I'm not clear on is the entry point when using yesterday's high and low. I decided that I would use a 3 pip buffer to try and avoid a retest wick. Or is the general rule to just enter right at the high/low if other conditions are met for trend, etc? God bless and have a great day! {image}
Hello and welcome.
If a High is 1000 , you enter on 1000
and,,, if a Low is 9000 you enter on 9000.

This method can be adapted to your own style and it needs work.
to use a buffer though??
if i was trading for 5 points. a 3 pip buffer would be approx 60% of what i want.
The 04-00 4 hour bar has great stats to win,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #31,064
  • Jun 26, 2018 9:25am Jun 26, 2018 9:25am
Quoting reo4ua
First trade using method from post 1 (I think?). Caught 5 pips AU after 2pt spread. I read through quite a bit of the thread yesterday and 1 thing I'm not clear on is the entry point when using yesterday's high and low. I decided that I would use a 3 pip buffer to try and avoid a retest wick. Or is the general rule to just enter right at the high/low if other conditions are met for trend, etc? God bless and have a great day! {image}
We did start this thread using the 04-00 4 hour bar break, but we rarely speak about it now lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #31,065
  • Jun 26, 2018 9:36am Jun 26, 2018 9:36am
Quoting billytt
{quote} Hello and welcome. If a High is 1000 , you enter on 1000 and,,, if a Low is 9000 you enter on 9000. This method can be adapted to your own style and it needs work. to use a buffer though?? if i was trading for 5 points. a 3 pip buffer would be approx 60% of what i want. The 04-00 4 hour bar has great stats to win,

Thanks for the feedback and for sharing.
Blessed is the one who takes refuge in Him.
  • #31,066
  • Jun 26, 2018 10:01am Jun 26, 2018 10:01am
Quoting billytt
{quote} We did start this thread using the 04-00 4 hour bar break, but we rarely speak about it now lol
Bo runs his own twist on it.

I look at it once in a blue moon, usually when nothing else is on.
  • #31,067
  • Jun 26, 2018 10:02am Jun 26, 2018 10:02am
Quoting lemercenaire
{quote} Bo runs his own twist on it. I look at it once in a blue moon, usually when nothing else is on.
That is good, it is a matter of developing it as we do.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #31,068
  • Jun 26, 2018 10:45am Jun 26, 2018 10:45am
Quoting reo4ua
{quote} Thanks for the feedback and for sharing.
Here are a couple of four hour charts showing the 0400 to 0800 Bars UK time
and same with AUD/USD.
Look one bar Left and you have midnight to 4am UK time bars.
Gives some idea of opportunity ?
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every Saint has a past. Every Sinner has a Future
  • #31,069
  • Jun 26, 2018 10:50am Jun 26, 2018 10:50am
Quoting turnip15
{quote} Here are a couple of four hour charts showing the 0400 to 0800 Bars UK time and same with AUD/USD. Look one bar Left and you have midnight to 4am UK time bars. Gives some idea of opportunity ? {image} {image}

Thanks for the input Mr T.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #31,070
  • Jun 26, 2018 10:59am Jun 26, 2018 10:59am
Hello guys, no trades for me today: been busy. Now taking a break with it

Inserted Video


Warning: particular humour
  • #31,071
  • Jun 26, 2018 11:07am Jun 26, 2018 11:07am
Quoting MrGreen95
Hello guys, no trades for me today: been busy. Now taking a break with it https://www.youtube.com/watch?v=d0LzWsdWNhg Warning: particular humour

OF COURSE ESMA decisions are good to protect retail investors, OF COURSE!! it's important to cut the losses ad not let traders overleveraging! No doubt.


but maybe...
  • #31,072
  • Jun 26, 2018 12:19pm Jun 26, 2018 12:19pm
Quoting turnip15
{quote} Here are a couple of four hour charts showing the 0400 to 0800 Bars UK time and same with AUD/USD. Look one bar Left and you have midnight to 4am UK time bars. Gives some idea of opportunity ? {image} {image}
Yes I went back and checked 7 pairs after billy made this comment and all 7 could have been traded on a breakout this morning for good pips. I'm certainly going to look further into this.

Thanks to all for the generosity and hospitality in sharing.

Just took another 5 on breakout of yesterday's high. That's 3 for 3 today on a very simple strategy.

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Blessed is the one who takes refuge in Him.
  • #31,073
  • Jun 26, 2018 12:50pm Jun 26, 2018 12:50pm
Quoting MrGreen95
{quote} OF COURSE ESMA decisions are good to protect retail investors, OF COURSE!! it's important to cut the losses ad not let traders overleveraging! No doubt. but maybe...
Oh, of course...hold on while I go for a ride on my unicorn...

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  • #31,074
  • Jun 26, 2018 3:12pm Jun 26, 2018 3:12pm
[quote=reo4ua;11204364]{quote} Yes I went back and checked 7 pairs after billy made this comment and all 7 could have been traded on a breakout this morning for good pips. I'm certainly going to look further into this. Thanks to all for the generosity and hospitality in sharing. Just took another 5 on breakout of yesterday's high. That's 3 for 3 today on a very simple strategy.

It isn't always this easy.
Trade and see how you traded, look how a pair moves and the time, look for patterns.
Don't get too smart ( said in a nice way).
Take stats. look for 00, news, pivots
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #31,075
  • Jun 26, 2018 3:15pm Jun 26, 2018 3:15pm
Quoting lemercenaire
{quote} Oh, of course...hold on while I go for a ride on my unicorn... {image}
just getting my uni out of the paddock and i will join you.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #31,076
  • Jun 26, 2018 3:31pm Jun 26, 2018 3:31pm
Quoting billytt
{quote} just getting my uni out of the paddock and i will join you. {image}
Wait for me !!
Attached Image
every Saint has a past. Every Sinner has a Future
  • #31,077
  • Jun 26, 2018 3:54pm Jun 26, 2018 3:54pm
Quoting turnip15
{quote} Wait for me !! {image}
lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #31,078
  • Jun 26, 2018 3:57pm Jun 26, 2018 3:57pm
Quoting billytt
Quoting reo4ua
{quote} Yes I went back and checked 7 pairs after billy made this comment and all 7 could have been traded on a breakout this morning for good pips. I'm certainly going to look further into this. Thanks to all for the generosity and hospitality in sharing. Just took another 5 on breakout of yesterday's high. That's 3 for 3 today on a very simple strategy. It isn't always this easy. Trade and see how you traded, look how a pair moves and the time, look for patterns. Don't get too smart ( said in a nice way). Take
...

In my short 8 month journey trying to figure things out, I've been humbled time and time again by the market makers - regrettably, I live your advice (almost) everyday.

However bad I am at this, I'm 10 fold better than I was when I started and that's enough to keep me engaged and pressing forward. Baby steps.
Blessed is the one who takes refuge in Him.
  • #31,079
  • Jun 26, 2018 4:21pm Jun 26, 2018 4:21pm
Quoting reo4ua
{quote}{quote} In my short 8 month journey trying to figure things out, I've been humbled time and time again by the market makers - regrettably, I live your advice (almost) everyday. However bad I am at this, I'm 10 fold better than I was when I started and that's enough to keep me engaged and pressing forward. Baby steps.
My friend TooSlow is very fond of this quote from Bruce Lee and it is so, so, true.

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  • #31,080
  • Jun 26, 2018 4:28pm Jun 26, 2018 4:28pm
Dead Zone run down for the day.

UC was top of the heap, as seen earlier...

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EJ was also solid...

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S&P ditto...

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