Billytt Die happy trading e/j daily breakout | Page 1849 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #36,961
  • Dec 18, 2018 4:13am Dec 18, 2018 4:13am
Quoting Hickson
{quote} Sometimes, it is really interesting. BTW, did you also notice that many accounts of Daddy bears and other trolls follow the same pattern as well?
Don't mention "Daddy bear" to Billy. He breaks out in a sweat and uses profane language whilst tying his hankie into a knot !!
every Saint has a past. Every Sinner has a Future
  • #36,962
  • Dec 18, 2018 4:15am Dec 18, 2018 4:15am
Quoting turnip15
last coconut for the day. {image}
Lots of coconuts, well done my friend.
Fix up, trade sharp ...
  • #36,963
  • Dec 18, 2018 4:15am Dec 18, 2018 4:15am
Quoting turnip15
{quote} Don't mention "Daddy bear" to Billy. He breaks out in a sweat and uses profane language whilst tying his hankie into a knot !!
Fix up, trade sharp ...
  • #36,964
  • Dec 18, 2018 5:55am Dec 18, 2018 5:55am
Quoting lemercenaire
While I was on, just had a wee play. Same set-up, that is a Fib Pull-Back. Double-Dipped. Not bad, done just for giggles. Buys a couple of presents. DAX m1 Chart Fib Pull-Back Scalp +13 +9 {image}
Lem,
Passing the time waiting for lunch ( before Mrs T. calls me to sit at the table), I drew the wick zones for the 7 to 8 am Dax candle. Out side of the wick zone one losing trade may have been triggered before getting into a long around 9:36 am ( UK time) ?

As for scalping into the body from the wick zone, it seems, today anyway, that there were were several little shorts that probably resulted in break even or losses
( depending on how quick you were) - and one long from the wick zone into the body.

The better trades, today, were the one losing long and the one winning long -both out of the wick zone and away from body of trigger ( 7 am to 8 am bar) candle.

Have you traded this sort of thing ( wick zone) on the Dax before Lem ?
Attached Image (click to enlarge)
Click to Enlarge Name: Germany 30_20181218_11.35.png Size: 140 KB
every Saint has a past. Every Sinner has a Future
  • #36,965
  • Dec 18, 2018 5:59am Dec 18, 2018 5:59am
The Billy bar was the best trade of the day. I was not trading because I do not feel comfortable one week before Christmas ... not really sure to pull the trigger and not enough experience on the Billy bar to be honest too. But it was interesting, the RR on this setup was great, even if one wants to put in a hard sl like me lol ...
Fix up, trade sharp ...
  • #36,966
  • Dec 18, 2018 8:13am Dec 18, 2018 8:13am
Quoting DavidRP
{quote} as he said, there are two accounts, one with XXXX and another with XXXXXXXX, so the 5% is over the XXXX account..
yes indeed.
Hope you are fine Davidrp. long time no see.
Take care, trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,967
  • Dec 18, 2018 8:16am Dec 18, 2018 8:16am
Quoting HappyMan
{quote} Appreciate your patience and teaching skills. To reiterate, it is 08-00 15 min bar. Some call pips the hundredth and some the tenth after a comma/point of price.
correct, 08-00 15 minute bar/candle.
a pip is a point
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,968
  • Dec 18, 2018 8:22am Dec 18, 2018 8:22am
Quoting billytt
morning, t 08--13 Cable.... the 00-00 4 hour bar high has been broken.. ( only just BUT BROKEN) ideally we want it to now drop so maybe chase the daily range. lines on chart are Major and mini levels where we can aim for. {image} I AM NOT TRADING EDIT ... we are still on inside bar.. with bias for a drop. lets see.
Attached Image


mini level was made and then a move up to Major level
Attached Image


Looking at it. i thought we were dropping.
BUT WE SHOULD NOT THINK.... TRADE LINES.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,969
  • Dec 18, 2018 8:25am Dec 18, 2018 8:25am
Quoting billytt
{quote} correct, 08-00 15 minute bar/candle. a pip is a point
Great!

What charts do you look at? Daily - 4H - 1H - 15M? In that order?
Buy low, sell high.
  • #36,970
  • Dec 18, 2018 8:25am Dec 18, 2018 8:25am
Quoting DavidRP
{quote} as he said, there are two accounts, one with XXXX and another with XXXXXXXX, so the 5% is over the XXXX account..
originally when i was playing around in here .
My first account for trading was 1K and i made 5% which is £50..
Then we had the second account which you do not need to know about lol.
a few compounds can quickly eat into the 1k...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,971
  • Dec 18, 2018 8:27am Dec 18, 2018 8:27am
we are still on to drop to 12600 to make an adr of 100 , maybe .maybe not
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,972
  • Dec 18, 2018 8:37am Dec 18, 2018 8:37am
Quoting HappyMan
{quote} Great! What charts do you look at? Daily - 4H - 1H - 15M? In that order?

i knew you would ask that lol.
i have a trade Pc which not only trades but collates stats. (But it needs updating)
I do like to collate stats by hand. i then feel in touch.
hmmmmm which came first!!!

i only started speaking of the 00-00 4 hour bar a few months ago,
i have used it for years.
secondly, we have the 04-00 4 hour bar.
This bit gets tricky as i had Pc taking control.

08-00 15 minute bar. we went for 5 pips.if it failed we then traded off the opposite end OR referred to the 04-00 4 hour bar AND 00-00 4 hour bar.

We then have the stats running showing odds/percentages of trades winning.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,973
  • Dec 18, 2018 8:39am Dec 18, 2018 8:39am
That 1.2670 break gave me a nice 20 pips to test 1.2650. I could not resist ... it was nice and green, that is it for today, thanks.
Attached Image (click to enlarge)
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Fix up, trade sharp ...
  • #36,974
  • Dec 18, 2018 8:43am Dec 18, 2018 8:43am
Quoting billytt
{quote} i knew you would ask that lol. i have a trade Pc which not only trades but collates stats. (But it needs updating) I do like to collate stats by hand. i then feel in touch. hmmmmm which came first!!! i only started speaking of the 00-00 4 hour bar a few months ago, i have used it for years. secondly, we have the 04-00 4 hour bar. This bit gets tricky as i had Pc taking control. 08-00 15 minute bar. we went for 5 pips.if it failed we then traded off the opposite end OR referred to the 04-00 4 hour bar AND 00-00 4 hour bar. We then have the...
From this list?

GU 17:00 breakout
EJ Daily Break= Breakout del massimo giornaliero su EURJPY
AU H4 00:00 - 04:00 Break= inizi a tradare alle 4:00 del mattino e cerchi breakout di h4
GU m15 08:00 - 08:15 = inizi a tradare alle 9:15 del mattino cercando il breakout della candela delle 9:00 (8:15 inglesi)

Claudia's GU Sell-Fest (Break from Contraction). Available on other suitable pairs. Will occasionally go long.

FrankenBreak EG (Break from Pre-Frankfurt Contraction - m15) Now sidelined as overlaps The DAX am play.
DAX 06:00 - 08:00 Wick-Zone
Dead Zone (See below post)= Breakout candela H1 delle 13:00 Italiane (USDCAD)
Witching Hour (Dead Zone variant over 00:00 uk time) Specific to EJ and EG.
Buy low, sell high.
  • #36,975
  • Dec 18, 2018 8:52am Dec 18, 2018 8:52am
[quote=Rfs199;11805132]Hey, I've got a question, not related to any of the methods, but trading itself. I came across an old video from another galaxy regarding the

"exit playbook" and got me thinking. When you start testing a new method, how do you go about it? (whichever that might be) I mean, once you've got the stats where
you see something that'd give you an edge, how do you build your trading plan

i did ask you to pick a date.
i just scrolled back my G/U charts to a random date.
i t went to year 2011
Attached Image


a chart like this holds information which i focus on..
The daily chart shows candles open and either carry on moving OR open then retrace.
The Retrace shows little wicks, these wicks have stats ie frequency distrib ution show they may be 5--6-7-10 pips etc
Which can be traded and i did successfully (Not off that chart though) IT WAS E/J yaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,976
  • Dec 18, 2018 8:53am Dec 18, 2018 8:53am
Quoting HappyMan
{quote} From this list? GU 17:00 breakout EJ Daily Break= Breakout del massimo giornaliero su EURJPY AU H4 00:00 - 04:00 Break= inizi a tradare alle 4:00 del mattino e cerchi breakout di h4 GU m15 08:00 - 08:15 = inizi a tradare alle 9:15 del mattino cercando il breakout della candela delle 9:00 (8:15 inglesi) Claudia's GU Sell-Fest (Break from Contraction). Available on other suitable pairs. Will occasionally go long. FrankenBreak EG (Break from Pre-Frankfurt Contraction - m15) Now sidelined as overlaps The DAX am play. DAX 06:00 - 08:00 Wick-Zone...
Hi, i am not sure what you mean, sorry..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,977
  • Dec 18, 2018 9:02am Dec 18, 2018 9:02am
Quoting billytt
{quote} Hi, i am not sure what you mean, sorry..
Someone has composed a 40-page document collecting your and others input. The list, in Italian, is from there. Thought you knew what it was. But we can start a new list ;-)
Buy low, sell high.
  • #36,978
  • Dec 18, 2018 9:08am Dec 18, 2018 9:08am
Quoting HappyMan
{quote} Someone has composed a 40-page document collecting your and others input. The list, in Italian, is from there. Thought you knew what it was. But we can start a new list ;-)
Hi, thanks for that.
we do have our information copied and that is why a small part is not disclosed.
It is page 1 info.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,979
  • Dec 18, 2018 9:15am Dec 18, 2018 9:15am
Quoting turnip15
{quote} Don't mention "Daddy bear" to Billy. He breaks out in a sweat and uses profane language whilst tying his hankie into a knot !!
oooooooo DB is a no no in here lol.
Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36,980
  • Dec 18, 2018 12:20pm Dec 18, 2018 12:20pm
Quoting Hickson
{quote} The hour between dog and wolf is a pretty good start. Coates deals with the whole biological and psychological cosmos of risk taking. It is a pretty new view influenced by maybe the last ten years of neuroscience.
The Hour Between Dog And Wolf is a great place to start. Can't believe I didn't have that on my list earlier...I didn't did I? Ho hum, long day, lol.
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