Billytt Die happy trading e/j daily breakout | Page 1843 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #36,841
  • Dec 13, 2018 5:48pm Dec 13, 2018 5:48pm
[quote=LuXing;11796889]@Billy: please put me on ignore asap if you consider this post sidelines your thread too much {quote} @claudia1: Maybe she knew, maybe she did not know that your briefing was only partial and that you left out the secret sauce. Honestly I do not care. It's not my business to interfere in an agreement between two persons I do not know. And no, there has not been a single mail exchanged between myself and Retin

Hi,
No need to ignore you as it serves me no purpose.
If you have a grievance with anyone, especially in an other thread could you please leave it there and not here.
Thanks for your co- operation
Billy...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,842
  • Edited 11:17pm Dec 13, 2018 9:17pm | Edited 11:17pm
Interesting methods so far, and I see some based on statistics.
I'm going to ask a little bit for each one if you don't mind:

---

The E/J and A/U breakouts, I've read some stats but they might be very outdated. Quick question on those trades. The idea is to aim for +5, and if it fails, place a counter trade wait for the next trigger. Now, the part that has me confused is this (this is a very old comment from wannalearn):
A. Trade #1 - entry has triggered at 100 short looking for +5.
B. Trade #1 - price has moved to 120 and you are now -20.
C. Trade #2 - enter long at 120. This HOLDS the overall LOSS at -20.
D. Trade #3 - entry has triggered at 175 long. Trade #1 and #2 are still running.
E. Hunt the modest range, or until in overall profit, up to you.

How do you determine where you place your counter trade and the other triggers? What happens if the next trade goes into the negative as well? Hard stop loss? Close the positions altogether for the day? Or is it something else?
---

Quick questions regarding the Dead Zone:
- Is it formed by the high and low of the bar 1 hour before the NY open? (Meaning, you start trading this once the NY session starts)
- Do you trade it like a WZ trade? I guess you could trade it in many different ways, but never tried it so I'm not sure. In which instances do you use the mid-line? As a counter? As a TP if you trade the break in? (Do you trade the break in?)
- To those who use it. Which are the best pairs in your opinion (London/NY sess probably)? Read somewhere that the E/U is terrible for this .

And then I'm interested in the Wick Zones as well. I remember reading stats on those a while back, I think it was something like 75% of the time price will leave the zone (can't remember if those stats were for W1/D1/H4) ... but then again I'm completely clueless on how actually to trade them (and you know what they say, it's not what you trade, it's how you trade it ). Any wick traders here that want to share some insight?

Thanks for the thread, there seems to be value in here
  • #36,843
  • Dec 13, 2018 9:36pm Dec 13, 2018 9:36pm
Quoting Rfs199
Interesting methods so far, and I see some based on statistics. I'm going to ask a little bit for each one if you don't mind: --- The E/J and A/U breakouts, I've read some stats but they might be very outdated. Quick question on those trades. The idea is to aim for +5, and if it fails, place a counter trade wait for the next trigger. Now, the part that has me confused is this (this is a very old comment from wannalearn): A. Trade #1 - entry has triggered at 100 short looking for +5. B. Trade #1 - price has moved to 120 and you are now -20. C. Trade...
All these questions have been answered in some detail through the thread, however I get that it's a large chunk o' text to get through to find it.

Once I came on board I also brought my own spin on things like countering etc and so those questions can be divided even more depending on which specific method you are talking about.

However, it's information that can be looked at again. It's nearly Christmas, a time for sharing after all, lol.

I'm watching the Chargers - Chiefs game just now (it's 03:25 UK time just now), so I'll get back on later on the day, if you don't mind.

One thing I can say up front though, is that the pairs I posted originally for The Dead Zone are the ones that work and are posted up in order of preference always. The choices are not random.

As time went on, it became obvious that UC was by far the most consistent of them all - when run "naked".

However, once I added S&D into the selection mix, I would be able to more easily find better options on any given day.

The Zone itself is formed by the H1 candle prior to the US Open. HLOC and mid-line. The use of the mid-line is optional. It does show where price will often pivot but it can just as easily hesitate then continue on, so I tend to use it as a place to add in to a running trade, rather than any stop or whatever.

Anyway, I'm missing my game! To be continued tomorrow...today...later...whatever!
  • #36,844
  • Dec 13, 2018 9:37pm Dec 13, 2018 9:37pm
Oh and those WZ stats are for the original Daily Wick Zone.
  • #36,845
  • Dec 14, 2018 2:07am Dec 14, 2018 2:07am
Quoting Rfs199
Interesting methods so far, and I see some based on statistics. I'm going to ask a little bit for each one if you don't mind: --- The E/J and A/U breakouts, I've read some stats but they might be very outdated. Quick question on those trades. The idea is to aim for +5, and if it fails, place a counter trade wait for the next trigger. Now, the part that has me confused is this (this is a very old comment from wannalearn): A. Trade #1 - entry has triggered at 100 short looking for +5. B. Trade #1 - price has moved to 120 and you are now -20. C. Trade...
Hi, good morning from the UK.
I will answer your question/s but later.....
i hope you do not mind....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,846
  • Dec 14, 2018 2:14am Dec 14, 2018 2:14am
t 08-13
Both E/U and cable have broken the 00-00 4 hour bar Low.
Lets see what happens and we have the 00 in sight.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,847
  • Dec 14, 2018 2:19am Dec 14, 2018 2:19am
catch you later,,,,,,,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,848
  • Dec 14, 2018 2:20am Dec 14, 2018 2:20am
Billy bar worked.
Fix up, trade sharp ...
  • #36,849
  • Dec 14, 2018 3:55am Dec 14, 2018 3:55am
Quoting billytt
If you have a grievance with anyone, especially in an other thread could you please leave it there and not here.
Grievance ? Good heavens, no. Life's too short for that.
Back to the subject at hand then. EJ daily breakout was good for 40-ish.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ DBO.jpg Size: 284 KB


My last trade for this year.
Merry Christmas.

LuXing
Wisdom begins in wonder
  • #36,850
  • Dec 14, 2018 4:01am Dec 14, 2018 4:01am
Hi all,

How is this interpretation for you?

https://www.forexfactory.com/showthread.php?t=859716
Buy low, sell high.
  • #36,851
  • Dec 14, 2018 4:09am Dec 14, 2018 4:09am
Quoting HappyMan
Hi all, How is this interpretation for you? https://www.forexfactory.com/showthread.php?t=859716
Red flag for fake guru nonsense: *We dont use SL with this strategy, we let it float, if it hit TP then your account grow.If not then let it float"
Fix up, trade sharp ...
  • #36,852
  • Dec 14, 2018 4:09am Dec 14, 2018 4:09am
Quoting LuXing
{quote} Grievance ? Good heavens, no. Life's too short for that. Back to the subject at hand then. EJ daily breakout was good for 40-ish. {image} My last trade for this year. Merry Christmas. LuXing
Agreed.

+70 on GU daily break using same system. Have a very simple ea for this if interested.
  • #36,853
  • Dec 14, 2018 6:15am Dec 14, 2018 6:15am
Trading was not easy for me this week. I got stopped out a ton out of good trades that would have been huge winners. I chickened out of one excellent entry for no reason, need to review, this is not like me. I got stopped out BE by spikes a ton. In the end up 377 usd.

No idea how. Should have been much more. But could have easily been a loss with the amount of drama and bad emotions sneaking in during the trading. Good thing I am over the point of revenge trades, moving sl, overleveraging, losing confidence etc.

But I am not in top state this week I guess. It is friday. I do not know what they will do later with the US data, maybe more good setups, but will better fix myself. It is easy to become complacent when you are up, not seeing you might just have been lucky. Time for review and weekend.

Trade well, rest of the crew out there. Happy weekend to all.
Fix up, trade sharp ...
  • #36,854
  • Dec 14, 2018 6:18am Dec 14, 2018 6:18am
Quoting Hickson
Trading was not easy for me this week. I got stopped out a ton out of good trades that would have been huge winners. I chickened out of one excellent entry for no reason, need to review, this is not like me. I got stopped out BE by spikes a ton. In the end up 377 usd. No idea how. Should have been much more. But could have easily been a loss with the amount of drama and bad emotions sneaking in during the trading. Good thing I am over the point of revenge trades, moving sl, overleveraging, losing confidence etc. But I am not in top state this week...
I hear you. Got stopped out on BE+1 today before the price went to the sky. There will be another day.
Buy low, sell high.
  • #36,855
  • Dec 14, 2018 7:02am Dec 14, 2018 7:02am
[quote=Hickson;11798473]Trading was not easy for me this week. I got stopped out a ton out of good trades.
drama and bad emotions sneaking in during the trading. over leveraging, losing confidence etc. I am not in top state this week I guess. Time for review and weekend
Its good to put it out there H. You have people here who care.
H,, Enjoy your weekend, Family and your time. Remember post 35535 Take care buddy
  • #36,856
  • Dec 14, 2018 7:30am Dec 14, 2018 7:30am
[quote=Pipradar;11798604]
Quoting Hickson
Trading was not easy for me this week. I got stopped out a ton out of good trades. drama and bad emotions sneaking in during the trading. over leveraging, losing confidence etc. I am not in top state this week I guess. Time for review and weekend Its good to put it out there H. You have people here who care. H,, Enjoy your weekend, Family and your time. Remember post 35535 Take care buddy
You are right, P. Thanks! Enjoy and get that shoulder back in shape.
Fix up, trade sharp ...
  • #36,857
  • Dec 14, 2018 7:31am Dec 14, 2018 7:31am
Quoting HappyMan
Hi all, How is this interpretation for you? https://www.forexfactory.com/showthread.php?t=859716
Mmmmmm....no.
  • #36,858
  • Dec 14, 2018 7:35am Dec 14, 2018 7:35am
Quoting lemercenaire
{quote} Hi H. Sorry, not running from the question, just had no time. I am perhaps in a non-standard situation, as I use exactly the same techniques for building mental toughness and preparedness in my trading as I used when I kicked and then sport-climbed (both professionally) and so I would almost guarantee that this is not what others would use. When you trot out to kick a potential game-winning field goal or are soloing over a deathfall drop, then there are no do-overs and is all about knowing that you have prepped and rehearsed to the utmost...
These mindset books you have mentioned man ... would , you be so kind to give recommendations?
Fix up, trade sharp ...
  • #36,859
  • Dec 14, 2018 9:33am Dec 14, 2018 9:33am
[quote=Hickson;11798689]
Quoting Pipradar
{quote} You are right, P. Thanks! Enjoy and get that shoulder back in shape.
I bet every trader, certainly my self included know exactly where you're cumming from H, You posted it, RESPECT to you. Thanks for the good wishes,H.
The Doc recon's I'll be good as new in no time, able to take on the England Rugby "Prop Forward" Job, ERM,, ERM, NOW then did he say,, take off the Headband Huddy and pants you need a butt jab,,, not sure now ,,, wheres that hearing aid,,,, I had it this morning,,,, ughhh,, and come to think of it wheres my glasses. Have a great day
  • #36,860
  • Dec 14, 2018 10:43am Dec 14, 2018 10:43am
Quoting Hickson
{quote} These mindset books you have mentioned man ... would , you be so kind to give recommendations?
Yep, I'll get the titles for you over the weekend.
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