Billytt Die happy trading e/j daily breakout | Page 1732 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #34,621
  • Oct 18, 2018 2:42am Oct 18, 2018 2:42am
GBP red News 09-30 am
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  • #34,622
  • Oct 18, 2018 2:43am Oct 18, 2018 2:43am
'Morning folks.

Around a bit earlier than yesterday - dog needed walk - and nice to see y'all up-and-at-'em.

No Monster for me this morning, as although earlier, not early enough.

However, woke to two nice bags via Simple Dreams. I ran it over AU and UC and yes, I know that's redundant and I know there was red news on AUD but I didn't really care. We're only playin' here.

I ran it manually as I haven't had time to faff around with the ea and get whatever version we are on now set up and added to the platforms.

Took +11 on both (with sl of 10). I wanted to at least come out with a couple of +1 scratch-and-a-bit results if I got two bait-and-switch moves.
  • #34,623
  • Oct 18, 2018 2:53am Oct 18, 2018 2:53am
Quoting Pipradar
Morning Guys Difficult PA this morning, for me anyway, Bagged 6 points yaaaaay not a comfy time let me say, we had a gap down at Franky Open and a push south into Demand but no real Momo North and no fill of the gap, which I was hoping for L.O.L. All is good. lets see how Lem see's it. {image}
Nice move, Pips.

I had a conversation with...someone...last night who was all over buying the Franky Open - I did mean to post that before bed! So sorry!!!

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  • #34,624
  • Oct 18, 2018 2:55am Oct 18, 2018 2:55am
Quoting rekon67
{quote} EURUSD H4 - Trade open on Sell @1.15012 for $10. {image}

What method?

One from here, or is it your ea doing the work?

We don't need to know the Dollar amount by the way. There is no dick swinging necessary over here.
  • #34,625
  • Oct 18, 2018 3:01am Oct 18, 2018 3:01am
Quoting Inception12
{quote} I gave the DAX a try this morning and i waited for the move north...worked like a charm. Quick question, what exactly is 6 points in this case, the dax has very different lot sizing compared to normal pairs EG is still stuck in the range this morning {image}
Pips has already answered this but also what you need to remember is that for us we are all (I think) running spread betting accounts and so we simply specify what we want our point value to be and Bob's Your Aunty's Husband.
  • #34,626
  • Oct 18, 2018 3:03am Oct 18, 2018 3:03am
Quoting Pipradar
GBP red News 09-30 am {image}
Did someone sent it to you beforehand?
Fix up, trade sharp ...
  • #34,627
  • Oct 18, 2018 3:05am Oct 18, 2018 3:05am
Quoting lemercenaire
{quote}[/highlight] What method? One from here, or is it your ea doing the work? We don't need to know the Dollar amount by the way. There is no dick swinging necessary over here.
Nice .. that $ amount is take profit & exit point. Method is Moving Avg Trends - Short & Long Term, Price actions. All are coded in the EA looks alright for now.
  • #34,628
  • Oct 18, 2018 3:18am Oct 18, 2018 3:18am
Quoting rekon67
{quote} Nice .. that $ amount is take profit & exit point. Method is Moving Avg Trends - Short & Long Term, Price actions. All are coded in the EA looks alright for now.
Tell us how it works and where to download the EA.
Then since it is a new approach to what is normally going on here, and another EA besides Claudia's, could you explain the approach and how to use your EA?
every Saint has a past. Every Sinner has a Future
  • #34,629
  • Edited 4:08am Oct 18, 2018 3:38am | Edited 4:08am
Quoting turnip15
{quote} Tell us how it works and where to download the EA. Then since it is a new approach to what is normally going on here, and another EA besides Claudia's, could you explain the approach and how to use your EA?
I hope I am not hijacking Bill's thread

Thanks for asking, if you have time just look at my thread at your leisure :-

Random Walk Theory applying in Expert Advisor

The work is under progress, EA is stable on MT5 platform, just a precuasion, use it on your own risk and do contribute through discussion for betterment.

I have provided couple of scenarios on my thread, I am not discussing them in detail here - just because I do not want to deviate you all from main agenda points.
  • #34,630
  • Oct 18, 2018 3:42am Oct 18, 2018 3:42am
Could be a choppy, unsteady day with a lot of indecisive moves. I need to visit a restroom ...
Fix up, trade sharp ...
  • #34,631
  • Oct 18, 2018 3:56am Oct 18, 2018 3:56am
Quoting rekon67
{quote} I hope I am hijacking Bill's thread Thanks for asking, if you have time just look at my thread at your leisure :- Random Walk Theory applying in Expert Advisor The work is under progress, EA is stable on MT5 platform, just a precuasion, use it on your own risk and do contribute through discussion for betterment. I have provided couple of scenarios on my[/highlight]...
That's interesting.

At first glance, it seems like your input doesn't fit with our general method of ''see-line-trade-line'', however Random Walk Theory actually takes its basis from the same defined unpredictability that tells us that we don't care why price moves or what drives it, only that it moves.

I feel the Yale Rats would approve .
  • #34,632
  • Oct 18, 2018 4:02am Oct 18, 2018 4:02am
Quoting lemercenaire
{quote} That's interesting. At first glance, it seems like your input doesn't fit with our general method of ''see-line-trade-line'', however Random Walk Theory actually takes its basis from the same defined unpredictability that tells us that we don't care why price moves or what drives it, only that it moves. I feel the Yale Rats would approve .
Also, your base premise that we enter completely randomly and take it from there is also part of a training process that I advocate.

At the close of a candle - any candle - or not, just close your eyes if you wish - enter long or short. It doesn't matter which. Pay no attention to anything, so if you can somehow get on by using a blindfold and not seeing the actual chart, all the better.

Then once you are in the trade, it'll either go into profit or not. Manage it from there, as that is all that matters - what you do next.
  • #34,633
  • Oct 18, 2018 4:12am Oct 18, 2018 4:12am
Quoting lemercenaire
{quote} Nice move, Pips. I had a conversation with...someone...last night who was all over buying the Franky Open - I did mean to post that before bed! So sorry!!! {image}
Morning Lem, Shuda Cuda Wish Ya Dida L.O.L. Thank you for the thought Bud
  • #34,634
  • Oct 18, 2018 4:12am Oct 18, 2018 4:12am
Quoting lemercenaire
{quote} Also, your base premise that we enter completely randomly and take it from there is also part of a training process that I advocate. At the close of a candle - any candle - or not, just close your eyes if you wish - enter long or short. It doesn't matter which. Pay no attention to anything, so if you can somehow get on by using a blindfold and not seeing the actual chart, all the better. Then once you are in the trade, it'll either go into profit or not. Manage it from there, as that is all that matters - what you do next.
That is nicely summed up for all!

Nothing more.

We do need to brainstorm on what-if scenarios once the trade is opened!
  • #34,635
  • Oct 18, 2018 4:16am Oct 18, 2018 4:16am
Quoting lemercenaire
{quote}[/highlight] What method? One from here, or is it your ea doing the work? We don't need to know the Dollar amount by the way. There is no dick swinging necessary over here.
Oh my God, I'M crying laughing, Your a star
  • #34,636
  • Oct 18, 2018 4:18am Oct 18, 2018 4:18am
Here is present EU scenario - after UK open Trade direction has changed from"Sell" to "Buy" - EA has not traded this H4 because Tick Volume was not in acceptable Average Market Volume range. Whether the EA has done a right thing or wrong? Atleast it stayed out of entering wrongly after a successful closing of Sell today morning.

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  • #34,637
  • Oct 18, 2018 4:19am Oct 18, 2018 4:19am
Quoting lemercenaire
{quote} Pips has already answered this but also what you need to remember is that for us we are all (I think) running spread betting accounts and so we simply specify what we want our point value to be and Bob's Your Aunty's Husband.
Sure is beautifully put.
  • #34,638
  • Oct 18, 2018 4:20am Oct 18, 2018 4:20am
Quoting Pipradar
{quote} Oh my God, I'M crying laughing, Your a star

I thought it was rude
  • #34,639
  • Oct 18, 2018 4:26am Oct 18, 2018 4:26am
Quoting lemercenaire
{quote} Also, your base premise that we enter completely randomly and take it from there is also part of a training process that I advocate. At the close of a candle - any candle - or not, just close your eyes if you wish - enter long or short. It doesn't matter which. Pay no attention to anything, so if you can somehow get on by using a blindfold and not seeing the actual chart, all the better. Then once you are in the trade, it'll either go into profit or not. Manage it from there, as that is all that matters - what you do next.
Yes, you can see it like pulling out marbles. But the nasty marbles have to lose less than the good ones ... that is why I am advocating a sl. Manage the loss ...ok, if you can do that, I cannot control my risk that way. I think Claudia also uses sl. It calms your trading.
Fix up, trade sharp ...
  • #34,640
  • Oct 18, 2018 4:36am Oct 18, 2018 4:36am
Quoting rekon67
{quote} I thought it was rude
Sorry no offence at all, Lem was not insulting you and neither was I. It is English Scottish Humour no more no less, so please do not be offended.
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