Billytt Die happy trading e/j daily breakout | Page 1833 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #36,641
  • Dec 7, 2018 8:37am Dec 7, 2018 8:37am
Quoting Hickson
{quote} If you don't believe in Santa, believe in Gnome Billy.
"HO ho ho and a Bottle of Rum,, Believe in Gnome Billy and good things will come". He he he. Time for a drink ha ha
  • #36,642
  • Dec 7, 2018 10:37am Dec 7, 2018 10:37am
Quoting Pipradar
{quote} "HO ho ho and a Bottle of Rum,, Believe in Gnome Billy and good things will come". He he he. Time for a drink ha ha
Enjoy mate. Time for some chess now at the club, gotta put these grey cells to the test to make the pips shine green. Cheers!
Fix up, trade sharp ...
  • #36,643
  • Dec 7, 2018 5:37pm Dec 7, 2018 5:37pm
Quoting claudia1
{quote} Yep just took a quick 10 off the high. Easy stuff. Next wait for the 50 then back to pivot. Robot won on aj again.
Hi all, hope you're well
Hope your luck holds for the footy..!!
Newc vs Wolves & WHam play C pal....Celtic 2 + goals too??
Good luck...tell us how u got on.
Have a GR8 weekend...! Stay safe & well
Onwards and upwards...
  • #36,644
  • Dec 8, 2018 2:18am Dec 8, 2018 2:18am
Have a good week end all....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,645
  • Dec 8, 2018 5:01am Dec 8, 2018 5:01am
Quoting soccerfan
{quote} Hi all, hope you're well Hope your luck holds for the footy..!! Newc vs Wolves & WHam play C pal....Celtic 2 + goals too?? Good luck...tell us how u got on. Have a GR8 weekend...! Stay safe & well
Should be good - Celtic 2 + and see what the other two get up to !

Be good !
  • #36,646
  • Dec 8, 2018 5:53am Dec 8, 2018 5:53am
Hi all,

Others begin to introduce similar concepts,

https://www.forexfactory.com/showthread.php?t=857844

Cheers!
Buy low, sell high.
  • #36,647
  • Dec 8, 2018 7:17am Dec 8, 2018 7:17am
Quoting HappyMan
Hi all, Others begin to introduce similar concepts, https://www.forexfactory.com/showthread.php?t=857844 Cheers!
Interesting idea, but RR makes me having to pass on this ...
Fix up, trade sharp ...
  • #36,648
  • Dec 8, 2018 7:34am Dec 8, 2018 7:34am
Quoting Hickson
{quote} Interesting idea, but RR makes me having to pass on this ...
Yes -not really new stuff. Lem trades similar with his "Wick Zone" trades,
every Saint has a past. Every Sinner has a Future
  • #36,649
  • Dec 8, 2018 7:40am Dec 8, 2018 7:40am
Quoting soccerfan
{quote} Hi all, hope you're well Hope your luck holds for the footy..!! Newc vs Wolves & WHam play C pal....Celtic 2 + goals too?? Good luck...tell us how u got on. Have a GR8 weekend...! Stay safe & well
Celtic - 3 goals in the match in 37 mins.
  • #36,650
  • Dec 8, 2018 4:08pm Dec 8, 2018 4:08pm
Quoting claudia1
{quote} Celtic - 3 goals in the match in 37 mins.
Whoa.
3 goals in 37 mins. The dog's bollocks, just like this.

Trade well.
LuXing
Wisdom begins in wonder
  • #36,651
  • Dec 8, 2018 4:46pm Dec 8, 2018 4:46pm
Quoting LuXing
{quote} Whoa. 3 goals in 37 mins. The dog's bollocks, just like this. Trade well. LuXing
Retina knew there was more to come - maybe doesn't share all her mails with you ?
  • #36,652
  • Dec 8, 2018 9:03pm Dec 8, 2018 9:03pm
Quoting Hickson
{quote} Interesting idea, but RR makes me having to pass on this ...
Someone in the thread has suggested that OP uses ADR.
Buy low, sell high.
  • #36,653
  • Dec 8, 2018 10:46pm Dec 8, 2018 10:46pm
omg 06-45 am here.
I am off helping gf fix a garden....
That will be 09-00 when it is light...
Only a few hours work then we can chill out.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,654
  • Dec 8, 2018 10:49pm Dec 8, 2018 10:49pm
Quoting HappyMan
{quote} Someone in the thread has suggested that OP uses ADR.
That guy makes sense, adr is useful knowledge to have.
Like i always say, i use adr normally when i fixed a bad trade .
Just before i stopped trading i was working trading to a significant level using adr as an aid.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,655
  • Dec 9, 2018 4:16am Dec 9, 2018 4:16am
Quoting billytt
{quote} That guy makes sense, adr is useful knowledge to have. Like i always say, i use adr normally when i fixed a bad trade . Just before i stopped trading i was working trading to a significant level using adr as an aid.
Hi Billy,

Hope all is well.

ADR is probably the best out there. Though, sometimes I am wondering what to do when the price does not reach daily ADR by several pips in one direction and goes in the opposite one? How to protect/hedge against that? One way is a protective stop at the opposite extreme of the previous candle. There could be other solutions.

What can be going on in a garden at 6 o'clock in the morning? It's not a farm where cows need to be milked that early? (No sarcasm, gently curious).

Cheers!
Buy low, sell high.
  • #36,656
  • Dec 9, 2018 5:15am Dec 9, 2018 5:15am
Quoting HappyMan
{quote} Hi Billy, Hope all is well. ADR is probably the best out there. Though, sometimes I am wondering what to do when the price does not reach daily ADR by several pips in one direction and goes in the opposite one? How to protect/hedge against that? One way is a protective stop at the opposite extreme of the previous candle. There could be other solutions. What can be going on in a garden at 6 o'clock in the morning? It's not a farm where cows need to be milked that early? (No sarcasm, gently curious). Cheers!
lol moooo.
we were awake very early and only left the house at 08-00 when we had light.
Cut back shrubs and tidied leaves.Finished for 12-30..
Answer to your question.
we have better people in here who can answer better... But i will try, next post.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,657
  • Dec 9, 2018 5:26am Dec 9, 2018 5:26am
[quote=HappyMan;11782595]{quote} Hi Billy, Hope all is well. ADR is probably the best out there. Though, sometimes I am wondering what to do when the price

does not reach daily ADR by several pips in one direction and goes in the opposite one? How to protect/hedge against that? One way is a protective stop at the

opposite extreme of the previous candle. There could be other solutions.

Example,, lets say the adr is 100...
(IDEALLY At 00-00 (midnight) the pair will either go up 100 or drop 100. <<<<< too easy lol.
BUT IT DOESN'T.!!!!
So we need a marker to trade off.
I personally used the 00-00 4 hour candle.as a marker...
next post
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,658
  • Dec 9, 2018 5:34am Dec 9, 2018 5:34am
[quote=HappyMan;11782595]{quote} Hi Billy, Hope all is well. ADR is probably the best out there. Though, sometimes I am wondering what to do when the price does not reach daily ADR by several pips in one direction and goes in the opposite one? How to protect/hedge against that? One way is a protective stop at the opposite extreme of the previous candle. There could be other solutions. quote]

00-00 4 hour candle.
I traded it like this...
example...If the High Broke , it would move up x amount........ BUT i NOW WANT THE RETRACE DOWN....
I NOW WANT THE LOW TO BREAK...
We have the stats showing that we now have an excellent chance of hitting the ADR Low.

If the High Break made 12800 ( forget the 00) and then we have retrace to break low,
We should now make it to 12700....
Subtract the Low 12700 from the Low of the 00-00 candle and that is how many pips we will make.
That is the easy part......lol

next post
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,659
  • Dec 9, 2018 5:40am Dec 9, 2018 5:40am
[quote=HappyMan;11782595]{quote} Hi Billy, Hope all is well. ADR is probably the best out there. Though, sometimes I am wondering what to do when the price

does not reach daily ADR by several pips in one direction and goes in the opposite one? How to protect/hedge against that? One way is a protective stop at the

opposite extreme of the previous candle. There could be other solutions.

My way is to stick a counter on as i am not a (STOP) person lol.
i will post charts later
We may get the High Break then a retrace. But even then it might drop and move back up .
IT ISN'T 100% GUARANTEED, but that High and Low are excellent markers..

Also clues to look for, we may have pivots/00 support/resistance etc This is where the pair might be heading..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,660
  • Dec 9, 2018 6:22am Dec 9, 2018 6:22am
Looking foe the adr (or part of it).

If we get the retrace and trade, we may only get a few pips.
It all depends how far the first break goes and the length of the 00-00 candle....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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