Billytt Die happy trading e/j daily breakout | Page 1972 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #39,421
  • Feb 21, 2019 4:45pm Feb 21, 2019 4:45pm
Quoting turnip15
{quote} When I was young -much younger than today watch Remember "wincklepickers?" {image}
Cowboy boots are the closest I ever got to those! Not quite the same thing, lol.
  • #39,422
  • Feb 21, 2019 7:38pm Feb 21, 2019 7:38pm
'Evening all.

Far East shift again, as I get in on the HK Index at the re-open.

Fast and furious and made the late night more than worthwhile once more.

6 trades in what seemed like 6 seconds, lol. Maybe not that quick but honestly, not far off it! (01:18 - 01:24 UK time).

Hong Kong Index T-60 Chart +19 +2 +7 +11 +9 +1 [+49 total]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-02-22 at 01.25.08 - Edited.png Size: 52 KB
  • #39,423
  • Feb 21, 2019 7:41pm Feb 21, 2019 7:41pm
'Night, all.

Time for a brew before kip.

Catch y'all tomorrow...today...whatever, you know what I mean .
  • #39,424
  • Feb 21, 2019 7:53pm Feb 21, 2019 7:53pm
Quoting lemercenaire
'Evening all. Far East shift again, as I get in on the HK Index at the re-open. Fast and furious and made the late night more than worthwhile once more. 6 trades in what seemed like 6 seconds, lol. Maybe not that quick but honestly, not far off it! (01:18 - 01:24 UK time). Hong Kong Index T-60 Chart +19 +2 +7 +11 +9 +1 [+49 total] {image}
Must say highly skillful!
RS
  • #39,425
  • Feb 22, 2019 2:28am Feb 22, 2019 2:28am
'Morning all. Hope everyone is well.

The DAX was looking clunky heading into the bell. I wouldn't have been inclined to get on board any time before that.

I did get a sense that we were going to go long, however as the KO approached, price was still in the cloud and really shouldn't be considered an entry.

Sure enough, ''ding-ding'' and off it went North. Fast.

That left me with the wait for the retrace - and it did come as expected.

I hesitated just too long on the first of my two entries and missed the full +5, ending up with +2.77 which was fair enough, things were still bouncing. I sat on my hands for a bit and then took the opportunity of a second bite when it came. This time adding +4.77 as I closed out as price seemed to be having trouble breaching that level.

Sweet.

DAX T-60 Chart +2.77 +4.79 [+7.56 total]
Attached Image (click to enlarge)
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  • #39,426
  • Feb 22, 2019 2:49am Feb 22, 2019 2:49am
08:00 15 looking like paint drying am short from 130 278
  • #39,427
  • Feb 22, 2019 2:50am Feb 22, 2019 2:50am
s and r will be at 130433 if i dont get to 228
  • #39,428
  • Feb 22, 2019 3:03am Feb 22, 2019 3:03am
Back on board.

Three more entries added. Pips in the bag.

DAX T-60 Chart +0.97 +1.46 +4.25 [+6.68]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-02-22 at 08.46.40 - Edited.png Size: 44 KB
  • #39,429
  • Feb 22, 2019 3:07am Feb 22, 2019 3:07am
Quoting sheppy
08:00 15 looking like paint drying am short from 130 278
Yeah, I had a look. Didn't like what I saw much. Might have been able to add +5 around 08:27 to 08:30 if I'd been quick but nah, not for me.

Hope it works out for you.
  • #39,430
  • Feb 22, 2019 3:10am Feb 22, 2019 3:10am
+14.24 on the day so far, not including the overnight HKI bag.

Time for a brew.

Trade well all. Back later.
  • #39,431
  • Feb 22, 2019 3:10am Feb 22, 2019 3:10am
took a couple and closed out +2
  • #39,432
  • Feb 22, 2019 3:20am Feb 22, 2019 3:20am
Really impressive your last movements Lem, you have deserved for sure that break
I've seen bars you people wouldn't believe...
  • #39,433
  • Feb 22, 2019 3:23pm Feb 22, 2019 3:23pm
t 21-19
Hi all, i was keeping a low profile lol. due to spending too much time in front of the Pc.
Cable today. i am still trading for the Greek lady,.
The 08-00 15 minute bar break . Low triggered and we got the +5.

The 00-00 4 hour bar . the Low did Fail but we gathered with the high break and then it dropped again.
Plus we had the inside bar on the daily.

Have a good weekend all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,434
  • Feb 22, 2019 4:04pm Feb 22, 2019 4:04pm
Quoting billytt
t 21-19 Hi all, i was keeping a low profile lol. due to spending too much time in front of the Pc. Cable today. i am still trading for the Greek lady,. The 08-00 15 minute bar break . Low triggered and we got the +5. The 00-00 4 hour bar . the Low did Fail but we gathered with the high break and then it dropped again. Plus we had the inside bar on the daily. Have a good weekend all.
You too, Billy. Don't get up to too much mischief
  • #39,435
  • Feb 22, 2019 4:27pm Feb 22, 2019 4:27pm
Quoting lemercenaire
{quote} You too, Billy. Don't get up to too much mischief
Inserted Video
  • #39,436
  • Feb 23, 2019 2:15am Feb 23, 2019 2:15am
Quoting billytt
t 21-19 Hi all, i was keeping a low profile lol. due to spending too much time in front of the Pc. Cable today. i am still trading for the Greek lady,. The 08-00 15 minute bar break . Low triggered and we got the +5. The 00-00 4 hour bar . the Low did Fail but we gathered with the high break and then it dropped again. Plus we had the inside bar on the daily. Have a good weekend all.
Billy, if I can ask, or better said, if you can talk about it... the inside bar on the daily you talk about, do you use it in combination with the 00-00 4 hour bar or to counter a fail with this bar, or is this inside bar related with a totally different thing? Sorry if you are not allowed to talk about this...
I've seen bars you people wouldn't believe...
  • #39,437
  • Feb 23, 2019 5:25am Feb 23, 2019 5:25am
Quoting rmormar
{quote} Billy, if I can ask, or better said, if you can talk about it... the inside bar on the daily you talk about, do you use it in combination with the 00-00 4 hour bar or to counter a fail with this bar, or is this inside bar related with a totally different thing? Sorry if you are not allowed to talk about this...
good question, AND keep asking......

i use Frequency Distribution Stats. but just lately due to my main Trade Pc not running i am currently trading manually and using my head lol...

Sometimes i am guilty of making trading look too easy.
I might say ,,,,08-00 15 min bar low broke for +5.

OR the 08-00 15 min bar low broke and failed. This is when i trade.
i now look at the opposite end, i look at the 00-00 & 04-00 4 hour bars, i look at the previous daily bar AND look for inside daily /4 hour bars.
With F/D Stats they become linked and i hold them together by countering.

A Daily inside bar can be traded alone and it is a bar of uncertainty.
Don't get me wrong, they can still fail but we have the stats and we stick to the method.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,438
  • Feb 23, 2019 7:00am Feb 23, 2019 7:00am
Thanks Billy, I knew the importance of stats and F/D in your strategies, but I thought about this stats in a individual way, individual stats for each method (00-00, 04-00, daily...). I had not noticed these different methods can be linked with stats and F/D.
I've seen bars you people wouldn't believe...
  • #39,439
  • Feb 23, 2019 8:44am Feb 23, 2019 8:44am
Quoting rmormar
Thanks Billy, I knew the importance of stats and F/D in your strategies, but I thought about this stats in a individual way, individual stats for each method (00-00, 04-00, daily...). I had not noticed these different methods can be linked with stats and F/D.
My 08-00 15 minute break method.
My stats are for 10 points. BUT I TAKE 5. i have even better odds then.

i cannot give you an accurate figure for the 04-00 4 hour bar, but when last checked the stats were 85%+ ..
Once we have a fail we then have different stats.

IF YOU WANT THE PIPS,,,, you then need to trade off the 00-00 4 hour bar and look for the average daily range.....
We normally will have a break and carry on, or a break then retrace..... with this method we can look for 20/40 or even the big numbers 70/80 +

A lot of the gurus work off this method , some may even have a different entry but it is still chasing the daily range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,440
  • Feb 23, 2019 8:57am Feb 23, 2019 8:57am
Quoting billytt
t 21-19 Hi all, i was keeping a low profile lol. due to spending too much time in front of the Pc. Cable today. i am still trading for the Greek lady,. The 08-00 15 minute bar break . Low triggered and we got the +5. The 00-00 4 hour bar . the Low did Fail but we gathered with the high break and then it dropped again. Plus we had the inside bar on the daily. Have a good weekend all.

Billy, talking about "inside bar", in this case in the last 4 days, 3 inside bars has formed and every candle is the "mother" candle of the following day.

So now what candle are you taking in consideration?

Here is a screen for traders that doesn't understand what i'm trying to say:
Attached Image
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