Billytt Die happy trading e/j daily breakout | Page 2012 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #40,221
  • Apr 3, 2019 3:12am Apr 3, 2019 3:12am
T 09-09
Cable, 00-00 break +10.
cable, my main Trade 08-00 + 5%.
eu 00-00 break + 10
eg 00-00 break + 10
au 04-00 break , in Long still running.
eu & eg look good but don't forget I have counters running from the past but everything is ok.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #40,222
  • Apr 3, 2019 3:15am Apr 3, 2019 3:15am
Quoting arlucad
{quote} This would interest me alot too. I try to read and learn how you guys trade but its a really big thread
Hello and welcome
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #40,223
  • Apr 3, 2019 3:27am Apr 3, 2019 3:27am
Quoting RieseP
{quote} Hi Billy, Quick question could you describe your strategy for likes of a dummy. You could call it the GU Breakout for Dummies. Maybe throw in a few crayons drawings in there too. Do you use EA's no offence but i like to just manually trade so I was wondering is your style something that could work for me? I'm sure you and Claudia and the others trade Full-time which for me would be a dream. The Option to no longer be so unhappy running a business. To actually be in a position to walk away and have a exit strategy in place. I am not saying...
Hello again. NO one here is a dummy, only gamblers are dummies.
i personally do not use eas. But I do have a bot which I have not used for 7/8 months.
First, you need a method and stick to it and in my case NEVER THINK.
i Trade using Frequency Distribution Info, normally trading when the big boys move the market to levels.((TO LEVELS)).
i also counter and compound for extra points, sometimes I trade off retrace for extra points. These extra points can be used to offset a loss.
Due to the ridiculous margin rates a large bank roll is needed but this is relatively safe. Don't ask why I do not Trade as a pro, I have a reason lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #40,224
  • Apr 3, 2019 3:38am Apr 3, 2019 3:38am
Lem - Dax again
Attached Image (click to enlarge)
Click to Enlarge Name: Germany 30_20190403_09.37.png Size: 161 KB
every Saint has a past. Every Sinner has a Future
  • #40,225
  • Apr 3, 2019 3:51am Apr 3, 2019 3:51am
Quoting RieseP
{quote} Hi Billy, Quick question could you describe your strategy for likes of a dummy. You could call it the GU Breakout for Dummies. Maybe throw in a few crayons drawings in there too. Do you use EA's no offence but i like to just manually trade so I was wondering is your style something that could work for me? I'm sure you and Claudia and the others trade Full-time which for me would be a dream. The Option to no longer be so unhappy running a business. To actually be in a position to walk away and have a exit strategy in place. I am not saying...
Hi, I forgot to say. I actually Trade better following a Fail. But we are adapting that.
The daily range or Average Daily Range IS VERY IMPORTANT as we can chase it OR PART OF IT.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #40,226
  • Apr 3, 2019 3:54am Apr 3, 2019 3:54am
Quoting Pipradar
Hi Guys, thank you for the good wishes, and yes I'm all good, I've not been trading that much of late I felt too distracted and that's not good for trading in my rule book, so got the music gear out and it was really good to get back there, life in the old dog yet ha ha, it was good to my ears L.O.L. Cranked the amp up !!. have kept myself up to date here its great to catch up on the posts and trades, feels like home. where's my hankie.ha ha. We took a break to Porto for a week, never been before had a great time there, lots of walking and snooping...
Good to hear off you Pip, glad you are doing things and hopefully keeping well.
i am camping at the weekend and alone lol. My gf is away in the Camper with her lady friends.
Take care. Billy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #40,227
  • Apr 3, 2019 4:04am Apr 3, 2019 4:04am
Quoting Pipradar
Hi Guys, thank you for the good wishes, and yes I'm all good, I've not been trading that much of late I felt too distracted and that's not good for trading in my rule book, so got the music gear out and it was really good to get back there, life in the old dog yet ha ha, it was good to my ears L.O.L. Cranked the amp up !!. have kept myself up to date here its great to catch up on the posts and trades, feels like home. where's my hankie.ha ha. We took a break to Porto for a week, never been before had a great time there, lots[/highlight]...
Good to have you back, Pips. You had us worried for a bit there!
  • #40,228
  • Apr 3, 2019 4:09am Apr 3, 2019 4:09am
Out and about early this morning, so just a quick look in to say hi. I won't be getting involved in anything for now in case I get stuck in a trade, as I need to head back out.

Trade well all who are in the money
  • #40,229
  • Apr 3, 2019 4:26am Apr 3, 2019 4:26am
Quoting billytt
{quote} Good to hear off you Pip, glad you are doing things and hopefully keeping well. i am camping at the weekend and alone lol. My gf is away in the Camper with her lady friends. Take care. Billy.
Hey Mr B thanks for the good wishes I'm keeping well and my shoulder is 90% sooooo very happy, still doing my physio but must admit its getting a tad BOORING ha ha. Hope your camping goes well and the weather holds up for you take a brolly just in case.enjoy have a great weekend. Great posts as always take care bud..
  • #40,230
  • Apr 3, 2019 4:29am Apr 3, 2019 4:29am
Quoting lemercenaire
{quote} Good to have you back, Pips. You had us worried for a bit there!
Thanks Lem I'm all good catch you when you land.
  • #40,231
  • Apr 3, 2019 4:52am Apr 3, 2019 4:52am
AJ loss
EJ loss
AU no trade
EG Win
GU win

So up for the night. EG has 100% win so far on 00.00 - 04.00 break.
  • #40,232
  • Apr 3, 2019 6:57am Apr 3, 2019 6:57am
A small, carefully calculated, play just before the US Open. Went fine. Small pip-count but high cash value across the move.

DAX T-60 Chart +0.5 +1.04 +3 [+4.54]

Attached Image


Wait till after the bell now...lunch!!!
  • #40,233
  • Apr 3, 2019 7:01am Apr 3, 2019 7:01am
US30 (H1) has an interesting shape with one minute to go.

If I get a break long and a return bounce, then...bazinga!
  • #40,234
  • Apr 3, 2019 10:37am Apr 3, 2019 10:37am
Quoting lemercenaire
US30 (H1) has an interesting shape with one minute to go. If I get a break long and a return bounce, then...bazinga!
If you're around - Hayley again 17.25 at Southwell. In from 25/1 this morning to 12/1. Worth a small ew to me. It is her home track.
  • #40,235
  • Apr 3, 2019 11:30am Apr 3, 2019 11:30am
Quoting claudia1
{quote} If you're around - Hayley again 17.25 at Southwell. In from 25/1 this morning to 12/1. Worth a small ew to me. It is her home track.
Bad idea.
  • #40,236
  • Apr 3, 2019 12:33pm Apr 3, 2019 12:33pm
Quoting claudia1
{quote} If you're around - Hayley again 17.25 at Southwell. In from 25/1 this morning to 12/1. Worth a small ew to me. It is her home track.
Missed it.
  • #40,237
  • Apr 3, 2019 12:45pm Apr 3, 2019 12:45pm
Quoting lemercenaire
{quote} Missed it.
Good !
  • #40,238
  • Apr 4, 2019 1:43am Apr 4, 2019 1:43am
Hello and good morning to all, before I start to ask questions a short introduction.

My name is Tim from the Netherlands, 29 years old and working in finance.
I have been trading forex for a couple of years now besides my normal work.
For a long term project I am trying to put together a machine that does a part of the trading for me.
It does not have to bring golden mountains on a daily basis, just a nice risk/reward and win rate.
I have seen alot of box timeframe breakout strategies but none seem to give consistent returns, when tested for a longer time on demo.

By accident I stumbled upon this thread and I must say that it seems like here you found a way to at least combine different pairs to get a propper win ratio.
I have been reading here daily and read back in the thread, not all 2012 pages(sorry), but still I have some things I do not propperly get.
You all communicate in local time, since most seem to be from the UK this "00-00 4 hour range trades"
would mean the box size is midnight (BST/GMT +1) untill 04:00 o clock
And that in exctention would mean that the box opens two hours after the close of the NY session.
My local time differs from yours(Uk citizens), and my broker is on GMT+3 so it can be tough to crack this time changes.

As a second, I have seen the set file from Claudia AJ "rangeStartHour=22
rangeStartMinute=0
rangeEndHour=0
rangeEndMinute=30"
so this would just be NY close untill 30 min into Tokyo open?
If I got this right than I atleast understand the logic behind this strategy.

Now after my questions I have something to share that I found in my tests of different boxes.
No matter the timeframe, no matter the pair, I have seen that boxsizes above 20-25 pips are more often than not non valid boxes.
In other words if the box is larget than 20-25 pips the breakout is more often than not false and the price will just go back into the box.

Thank you in advance and have a good day
  • #40,239
  • Apr 4, 2019 1:52am Apr 4, 2019 1:52am
'Morning folks. Pretty grim out there today, Wales is getting snow, apparently! Lucky ol' us are having to make do with sleet and rain. Oh goodie...

Anyway, The Monster has been on a long, steady, grind down since 4 this morning or so. Would have been a big payday for night owls.

Soooooooo...what for today? Who knows, lol.

Trade well, all.
  • #40,240
  • Apr 4, 2019 1:55am Apr 4, 2019 1:55am
Quoting Timr89
Hello and good morning to all, before I start to ask questions a short introduction. My name is Tim from the Netherlands, 29 years old and working in finance. I have been trading forex for a couple of years now besides my normal work. For a long term project I am trying to put together a machine that does a part of the trading for me. It does not have to bring golden mountains on a daily basis, just a nice risk/reward and win rate. I have seen alot of box timeframe breakout strategies but none seem to give consistent returns, when tested for a longer...
Hi Tim and welcome.

The box size is a ''gut'' measurement for most here, I would say - however I would venture that it is no coincidence that 20 pips is usually a good candidate for us all to leave the box alone.
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