Billytt Die happy trading e/j daily breakout | Page 1846 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #36,901
  • Dec 15, 2018 5:27pm Dec 15, 2018 5:27pm
Quoting Styngray
{quote} 1% on each trade entry. S/L at next higher pivot generally. When it touches the target pivot I am out generally or at least 30 %. Its not cut and dry. Depends on if it a long term entry or a event that might be more volatile like brexit.... where I am all out at the touch or even 10 pips before. I do all manually. No bot business. {image}
Thanks for sharing. Quite similar to how I use them for intraday. Will look more on the weekly and monthly and demo away. Maybe I find something to feed the Swing Account too that is more in line with my intraday approach.
Fix up, trade sharp ...
  • #36,902
  • Dec 15, 2018 5:31pm Dec 15, 2018 5:31pm
Quoting Hickson
{quote} Thanks for sharing. Quite similar to how I use them for intraday. Will look more on the weekly and monthly and demo away. Maybe I find something to feed the Swing Account too that is more in line with my intraday approach.
no problem. does not matter what TF one trades as long as one is aware of the higher pivot TF areas. I like the weekly and monthly better given I cant be in front of the computer for long chunks of time at a stretch.
  • #36,903
  • Dec 15, 2018 5:47pm Dec 15, 2018 5:47pm
Quoting Hickson
{quote} Thanks for sharing. Quite similar to how I use them for intraday. Will look more on the weekly and monthly and demo away. Maybe I find something to feed the Swing Account too that is more in line with my intraday approach.
This is how I decide on the stop loss generally. Here I was looking to short at the weekly M3 to weekly R1. I divided the space between R1 and next level ie weekly M4 using the fib tool. and I placed the S/L at an area beyond the 61.8 % line This is a modification of the fib method described by Constance Brown in her fib book.
Attached Image (click to enlarge)
Click to Enlarge Name: brexit stop loss.png Size: 455 KB
  • #36,904
  • Dec 15, 2018 6:08pm Dec 15, 2018 6:08pm
Quoting Rfs199
Catching up I came across this (I'm at pages 700~800, so still a long way to go lol): {quote} {quote} Do you still run that Lem? Scalping off Hourly WZs throughout the day? I don't know if that could be (or is) a method of its own, but I really like the idea of scalping like that, in & out quick.
Yeah, this is just part of my stable, I don't even think about it as such, running Wick-Zones is just a natural thing for me now.

It came about on this H1 tf specifically as a thing that Pippy (PippyTheGrt) and I were working on, an extension to WZ we called Top-Of-The-Hour. In effect, it took WZ and combined it with Buy Zone.
  • #36,905
  • Dec 15, 2018 8:32pm Dec 15, 2018 8:32pm
For those who prefer clean charts with noise filtering. The same GBPUSD chart shows the value of pivots that significant money follows during the tumolt of BREXIT negotiations bla bla bla....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd renko at height of Brexit.png Size: 270 KB
  • #36,906
  • Dec 15, 2018 10:23pm Dec 15, 2018 10:23pm
Quoting Styngray
{quote} This is a better method that obeys pivot point theory for the month of December till this Friday 12/14/18, for 4 hr GBP/USD at the height of BREXIT worries! My bias going into this month with this pair was sell, so looked at pivot points where I could sell. {image}
Helpful comments. In your opinion, what is the best pivot indicator? Preferably one that can show daily, weekly, and monthly pivots on the same graph.
Buy low, sell high.
  • #36,907
  • Dec 15, 2018 10:31pm Dec 15, 2018 10:31pm
Quoting billytt
{quote} and then we have the 08-00 15 minute bar break... The other methods developed into this and it is by far the best.... a decent range is approx 15 to 28 and perfect to counter,. With a counter, you enter at High or Low and if it reverses you counter at the opposite High or Low. This way your Loss is equal to the Bar Range. you can then hold the loss until the next trade
Nice summary! 15-28 pips or points?
Buy low, sell high.
  • #36,908
  • Dec 16, 2018 7:34am Dec 16, 2018 7:34am
Quoting HappyMan
{quote} Nice summary! 15-28 pips or points?
Ticks.
  • #36,909
  • Dec 16, 2018 7:59am Dec 16, 2018 7:59am
Quoting HappyMan
{quote} Nice summary! 15-28 pips or points?
I think Billy refers to the range of the M15 candle.
Fix up, trade sharp ...
  • #36,910
  • Dec 16, 2018 2:10pm Dec 16, 2018 2:10pm
Quoting HappyMan
{quote} Nice summary! 15-28 pips or points?
Hi happy, I call pips ,points so 15-28 pips lol

also bars are candles
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,911
  • Dec 16, 2018 2:11pm Dec 16, 2018 2:11pm
Quoting Hickson
{quote} I think Billy refers to the range of the M15 candle.
yes, that refers to 08-00 15 min bar.
Thank you
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,912
  • Dec 16, 2018 9:30pm Dec 16, 2018 9:30pm
omg 03-30 and i am here..

AND NOT TRADING lol.
I am away for a few hours and hopefully back in a few hours.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,913
  • Dec 16, 2018 9:40pm Dec 16, 2018 9:40pm
Quoting billytt
omg 03-30 and i am here.. AND NOT TRADING lol. I am away for a few hours and hopefully back in a few hours.
Ha ha, me to, Billy but I have the excuse of watching the Eagles hand one to the Rams
  • #36,914
  • Dec 17, 2018 5:05am Dec 17, 2018 5:05am
Quoting lemercenaire
{quote} ! I've designed a few Japanese gardens in my time...others here enjoy a good wander around a garden center...mmmmmm...have we found the missing ingredient to developing The Holy Grail?
Haha
A lot of good lessons in life to be learned in the garden...putting roots down deep,
Sowing seed on fertile ground,
Exercising patience & allowing time for blooms and fruits,
Reaping what you sow..etc.
All sorts of interpretations for all that life throws at us...take care all
Onwards and upwards...
  • #36,915
  • Dec 17, 2018 5:30am Dec 17, 2018 5:30am
Quoting lemercenaire
{quote} Ticks.
Dollars..!
Onwards and upwards...
  • #36,916
  • Dec 17, 2018 8:02am Dec 17, 2018 8:02am
Quoting soccerfan
{quote} Dollars..!
Percents!!!
  • #36,917
  • Dec 17, 2018 9:43am Dec 17, 2018 9:43am
Quoting HappyMan
{quote} Helpful comments. In your opinion, what is the best pivot indicator? Preferably one that can show daily, weekly, and monthly pivots on the same graph.
The one I am using obviously !! Its free on this site. ! And you can get any traditional yearly pivot on this site.
  • #36,918
  • Dec 17, 2018 9:53am Dec 17, 2018 9:53am
Quoting Styngray
{quote} The one I am using obviously !! Its free on this site. ! And you can get any traditional yearly pivot on this site.
Thanks for responding. There are quite a few of them on this site. Many of them cannot display daily, weekly, monthly, and yearly on the same graph. What's the name(s) of the ones that you are using?
Buy low, sell high.
  • #36,919
  • Dec 17, 2018 9:57am Dec 17, 2018 9:57am
Back, ob sorted...lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,920
  • Dec 17, 2018 10:01am Dec 17, 2018 10:01am
Cable..
08-00 15 minute Bar High broke for +5 and lots more lol..
The 00-00 4 hour Bar High broke and it kept going
Attached Image
.

someone asked last week about inside bars.
Today with Cable.
The 00-00 4 hour bar was an inside ,
Trading aggressively off the inside bar lots could of been made,
Even trading off the mother bar.
Attached Image


I AM STILL NOT TRADING
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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