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Billytt Die happy trading e/j daily breakout

  • #39,301
  • Feb 15, 2019 8:20am Feb 15, 2019 8:20am
Quoting turnip15
Billy 8 am to 8:15 am ( UK time) bar ( Not traded by me) {image}
That's a real mess in there, eh?
  • #39,302
  • Feb 15, 2019 8:23am Feb 15, 2019 8:23am
Quoting MrGreen95
Finally. Cable, 123, +25 pips (3%). See where price has stopped: {image}
Nice. You should stick it over on the 1-2-3 thread as well. Hal gets lonely over there sometimes
  • #39,303
  • Feb 15, 2019 8:56am Feb 15, 2019 8:56am
Not my usual time of day to be on the charts at all, never mind that's it's a Friday...and a Friday afternoon, no less! What is the world coming to?!

Anyway, never mind that POTUS is due to speak any minute and the rig count is due, let's play about with Cable, Lem...what could go wrong?

Well, nothing as it turns out.

Kind of going against the grain as a trade, as I am looking at a short move setting up as we go into the weekend but it's down on the tick charts, so all sorts of different rules apply.

So, in long and out with a nifty +4.7 and happy to take it.

GU T-60 Chart +4.7

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-02-15 at 14.36.48 - Edited (1).png Size: 46 KB


In a bit later than ideal as i didn't actually have the chart open but fine.

Also, just gassin' here but man, the earlier move around 14:20 .

Right, that'll do.
  • #39,304
  • Feb 15, 2019 9:03am Feb 15, 2019 9:03am
Quoting lemercenaire
Not my usual time of day to be on the charts at all, never mind that's it's a Friday...and a Friday afternoon, no less! What is the world coming to?! Anyway, never mind that POTUS is due to speak any minute and the rig count is due, let's play about with Cable, Lem...what could go wrong? Well, nothing as it turns out. Kind of going against the grain as a trade, as I am looking at a short move setting up as we go into the weekend but it's down on the tick charts, so all sorts of different rules apply. So, in long and out with a nifty +4.7 and happy...
Hi, Lem! Unusual activity for Friday afternoon indeed. What is the bluish line on your chart? Some kind of MA?
Buy low, sell high.
  • #39,305
  • Feb 15, 2019 10:11am Feb 15, 2019 10:11am
Quoting lemercenaire
{quote} That's a real mess in there, eh?
pssssssst,,, what was a mess?
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,306
  • Feb 15, 2019 10:18am Feb 15, 2019 10:18am
Quoting lemercenaire
In a bit later than ideal as i didn't actually have the chart open but fine.
Hi Lem !

But you did open the chart before you put your order, right?
Or was it again that kind of Yoda thing where you just nail it blind?

Well, as usual I got caught in the range between 13:40 and 14:20 ... demo account and stupidity hurts at least just your ego

The MA is the 30EMA?
What are the settings of the two Ichimoko clouds, just cant figure them out due diff. broker feeds
  • #39,307
  • Feb 15, 2019 10:18am Feb 15, 2019 10:18am
;-) How about the 04-00 H4 bar? Price broke the low, the high, the low again, and went up high.
Buy low, sell high.
  • #39,308
  • Feb 15, 2019 10:25am Feb 15, 2019 10:25am
Quoting billytt
{quote} pssssssst,,, what was a mess?
I did mean to add that for me, it shows that your Billy Bar m15 works best without any additional bias information but just run as you do.

The mess I was talking about is the way all the additional "stuff" on the chart actually just confuses things.

Some methods just run better naked. Yours is one.
  • #39,309
  • Feb 15, 2019 10:26am Feb 15, 2019 10:26am
Quoting HappyMan
;-) How about the 04-00 H4 bar? Price broke the low, the high, the low again, and went up high.
Thats forex for you. Hope you are well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,310
  • Feb 15, 2019 10:27am Feb 15, 2019 10:27am
was going to say...
Cable 00-00 4 hour range.
it did a big drop to break the Low again and then went back up.....
It went back up a lot.....

I am not saying what i did....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,311
  • Feb 15, 2019 10:29am Feb 15, 2019 10:29am
Quoting lemercenaire
{quote} I did mean to add that for me, it shows that your Billy Bar m15 works best without any additional bias information but just run as you do. The mess I was talking about is the way all the additional "stuff" on the chart actually just confuses things. Some methods just run better naked. Yours is one.
Thank you, i am too polite to say things like that. lol

I LOVE NAKED....lol and trading yaaaaaaaaaaaaaaaaaaaaaaaay
Attached Image

that isn't me, i have wrinkles
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,312
  • Feb 15, 2019 10:30am Feb 15, 2019 10:30am
Quoting ForeXhell
{quote} Hi Lem ! But you did open the chart before you put your order, right? Or was it again that kind of Yoda thing where you just nail it blind? Well, as usual I got caught in the range between 13:40 and 14:20 ... demo account and stupidity hurts at least just your ego The MA is the 30EMA? What are the settings of the two Ichimoko clouds, just cant figure them out due diff. broker feeds
The MA is 30 EMA.

The settings on the clouds will be covered in The Other Galaxy initially.

Also no, I did not use The Force to open the trade, lol.
  • #39,313
  • Feb 15, 2019 10:31am Feb 15, 2019 10:31am
Quoting lemercenaire
{quote} I did mean to add that for me, it shows that your Billy Bar m15 works best without any additional bias information but just run as you do. The mess I was talking about is the way all the additional "stuff" on the chart actually just confuses things. Some methods just run better naked. Yours is one.
Yes -I simply drew in the Billy Bar without altering my chart which is configured for another form of trading.
If I were trading Billy Bar then I would use a clean chart devoid of any Indies etc.
every Saint has a past. Every Sinner has a Future
  • #39,314
  • Feb 15, 2019 10:32am Feb 15, 2019 10:32am
Quoting HappyMan
{quote} Hi, Lem! Unusual activity for Friday afternoon indeed. What is the bluish line on your chart? Some kind of MA?
It's the 30 EMA Happy.
  • #39,315
  • Feb 16, 2019 3:53am Feb 16, 2019 3:53am
Billy - ever been to Geneva ? Beautiful place to visit.

Even better as IG have a special evening planned out - try 4 hours in the company of Mr Bollinger !

Must be tempted ....
Attached Image (click to enlarge)
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  • #39,316
  • Feb 16, 2019 4:06am Feb 16, 2019 4:06am
Hi my friends,

I check this thread daily, just don't log in as I focus on my trading these days. But you really help me feel less alone in the morning. Thanks Billy and all for your posts.

Here is a little finding:
EJ's Weekly close lines and how it reacts to them.
Attached Image (click to enlarge)
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  • #39,317
  • Feb 16, 2019 4:18am Feb 16, 2019 4:18am
The Lem's 6-8:00 Monster's trade gave on both directions: Breakout and Back-into-the-body style. Maybe, you would have needed to cut for 3 or 4pts as it gave a little bit over 5 on the first tries. The thrid try was more generous giving almost 10pts. As well as the fourth and so on. By trading that line, you could have bagged a healthy amount.

I wonder why Mr Lem is not trading it anymore? It must have something to do with the other Galaxy you've moved to.

Also GU looks like, it is kind these days as the breakout trade of the 8:00 15min bar is giving a lot of pips.

Green pips and take care friends.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-02-16 at 11.12.41 AM.png Size: 210 KB
  • #39,318
  • Edited 5:08am Feb 16, 2019 4:56am | Edited 5:08am
Quoting samuel2133
Hi my friends, I check this thread daily, just don't log in as I focus on my trading these days. But you really help me feel less alone in the morning. Thanks Billy and all for your posts. Here is a little finding: EJ's Weekly close lines and how it reacts to them. {image}
Hi Sam, good to know you are doing well.

If you are interested in the Weekly Open factor, you may want to track down the Weekly Opposite Extreme concept. This was developed by the ''other'' Alien Galaxy, Insanity Industries.

What you are basically looking at is a Weekly 1-2-3.

Sadly the website has vanished back into the stardust but there is still a video over in the YT corner of the space-time continuum.
  • #39,319
  • Edited 7:09pm Feb 16, 2019 5:02am | Edited 7:09pm
Quoting samuel2133
The Lem's 6-8:00 Monster's trade gave on both directions: Breakout and Back-into-the-body style. Maybe, you would have needed to cut for 3 or 4pts as it gave a little bit over 5 on the first tries. The thrid try was more generous giving almost 10pts. As well as the fourth and so on. By trading that line, you could have bagged a healthy amount. I wonder why Mr Lem is not trading it anymore? It must have something to do with the other Galaxy you've moved to. Also[/highlight]...
No, not that. It's just that personal stuff I am having to deal with in the ''real world'' over the last few months has meant that the time slot is unavailable to me every day. It is now easier to run tick-chart scalping when-and-if I get the chance.
  • #39,320
  • Feb 16, 2019 5:06am Feb 16, 2019 5:06am
Quoting claudia1
Billy - ever been to Geneva ? Beautiful place to visit. Even better as IG have a special evening planned out - try 4 hours in the company of Mr Bollinger ! Must be tempted .... {image}
I'm more likely to use an elastic band to hold up my pants than I am to use Bollinger Bands ...Could be a good jolly, mind you .
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