Billytt Die happy trading e/j daily breakout | Page 2056 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #41,101
  • May 8, 2019 5:56am May 8, 2019 5:56am
Quoting lemercenaire
{quote} Bay of Naples in the 7:05 looks interesting.
Glutnforpunishment in the 7:35 (very tentatively, lol).
  • #41,102
  • May 8, 2019 6:01am May 8, 2019 6:01am
Quoting lemercenaire
{quote} Glutnforpunishment in the 7:35 (very tentatively, lol).
Haven't had a good look yet. Going for early lunch then get going.

No more cable until after 13.30.
  • #41,103
  • May 8, 2019 6:05am May 8, 2019 6:05am
Quoting lemercenaire
{quote} Can't believe I left out dancing!!!
Newts too
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,104
  • May 8, 2019 6:19am May 8, 2019 6:19am
In for another wee nip...

DAX 1-min

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Out +7

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  • #41,105
  • May 8, 2019 6:20am May 8, 2019 6:20am
In regards to countering;
I have read that Billy's method for countering is strictly under wraps due to copyright. Was there a source for it? I have tried to piece together Billy's method however, in simulation, i keep making a right pigs ear of it lol, which makes me think i have no competence. The other way to do it would be a martingale betting strategy, which i have always been a fan of.
I am trying the FTSE100 opening for my 5 points, when I can as i work full time. I have a number of stats for the FTSE. I am also starting very small as i wont be happy until i can see how I go when the 'wheels are falling off' as messing up can wipe out all of those small wins. I do watch the GU 7.45 and 8.00 as well as GJ 9:45 and 10 which i am keeping FD stats on.
I am also becoming more interested in alien technology and am reading to believe, beam me up Scotty ( two sci fi references for the price of one) lol.

Greg
  • #41,106
  • May 8, 2019 6:23am May 8, 2019 6:23am
Quoting claudia1
{quote} How about Ar Saoirse in the first. 5/1 at the moment - got a top jockey on.
I'm only interested in Handicaps.

These bets are offshoots of my main system - which shows up only one race today. I have others at various levels but won't post them all here for obvious reasons.

I do have a Non Handicap system but not using it just now.

I'll have a look now though, seeing as you've mentioned!
  • #41,107
  • May 8, 2019 6:24am May 8, 2019 6:24am
+26.4 on the Day.

Need lunch now - my belly thinks my throat's cut!
  • #41,108
  • May 8, 2019 6:31am May 8, 2019 6:31am
Quoting falloverpete
In regards to countering; I have read that Billy's method for countering is strictly under wraps due to copyright. Was there a source for it? I have tried to piece together Billy's method however, in simulation, i keep making a right pigs ear of it lol, which makes me think i have no competence. The other way to do it would be a martingale betting strategy, which i have always been a fan of. I am trying the FTSE100 opening for my 5 points, when I can as i work full time. I have a number of stats for the FTSE. I am also starting[/highlight]...
I have talked about this before and it bears going over again. If you are learning how to counter, you should run demo only. NOT live, no matter how minuscule you make your stake.

The reason being is that this is all about the technique, nothing about psychology or mind-management. If you are thinking about anything other than what to do when ''a'' happens, then you will f*** it up, seriously. You need to be able to do this without thinking or questioning.

Once you are completely in tune with the technique, then you can drip feed your real cash.
  • #41,109
  • May 8, 2019 6:34am May 8, 2019 6:34am
Quoting falloverpete
In regards to countering; I have read that Billy's method for countering is strictly under wraps due to copyright. Was there a source for it? I have tried to piece together Billy's method however, in simulation, i keep making a right pigs ear of it lol, which makes me think i have no competence. The other way to do it would be a martingale betting strategy, which i have always been a fan of. I am trying the FTSE100 opening for my 5 points, when I can as i work full time. I have a number of stats for the FTSE. I am also starting very small as i wont...
Hello Greg and welcome.
Ask questions.
First, I do tell most of my method in here, and what I do tell can be traded .i have added more and more info over time. I.e., 08-00-04-00 and 00-00. We also have a couple of others shhhhh.
i trade off Frequency Distribution Stats, these are pure hard facts not averages etc.
Different stats can be played against each other to form more FD stats.
I counter and compound, I trade retrace sometimes.
as I said earlier, as long as I have 25% after 5 trade days I am happy.
i don't give a toss if I am up 50% on 4th day and end up with 25% on the 5th. ( well maybe not lol).
something to remember, a store operates by using loss leaders? I.e. Sell sugar at a loss to lure customers in.
AND I will counter a winning trade????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,110
  • May 8, 2019 6:44am May 8, 2019 6:44am
Quoting billytt
{quote} Hello Greg and welcome. Ask questions. First, I do tell most of my method in here, and what I do tell can be traded .i have added more and more info over time. I.e., 08-00-04-00 and 00-00. We also have a couple of others shhhhh. i trade off Frequency Distribution Stats, these are pure hard facts not averages etc. Different stats can be played against each other to form more FD stats. I counter and compound, I trade retrace sometimes. as I said earlier, as long as I have 25% after 5 trade days I am happy. i don't give a toss if I am up 50%...
Billy i start making my own stats based on my results but lets just say you buy on the high break ( 1 Position) price reverts and breaks on the low. would you sell ( 2 positions to right off the loss? or have gone off course?

Also what your criteria not to trade the breaks. I.e the candle range is too high/ too small.
  • #41,111
  • May 8, 2019 6:59am May 8, 2019 6:59am
Hi Billy, are you saying then that If your main GU trade should fail its target 5 you would move onto another pair if their stats would give you a good liklehood of a win, the AU 0400 for example? or would you counter only on the pair that has failed? as long a s the books balance at the end of the day?
I know shops have loss leaders, these were the products you couldn't do with out, milk, eggs and ouzo. And i think a supermarkets approach to business we can, as traders, learn allot from, i even have to put a pound in my mouse to get it to move around the desk here!
  • #41,112
  • May 8, 2019 6:59am May 8, 2019 6:59am
Quoting RieseP
{quote} Billy i start making my own stats based on my results but lets just say you buy on the high break ( 1 Position) price reverts and breaks on the low. would you sell ( 2 positions to right off the loss? or have gone off course? Also what your criteria not to trade the breaks. I.e the candle range is too high/ too small.
If break A, fails I then counter break B. Trade held in limbo.
i then make second trade to get 5%. ( forget counter) I then look at other bars, i.e. 00-00 /04-00 look at inside bars on the 4 hour/daily and of course The AVERAGE DAILY RANGE, and this goes back to the 00-00 4 hour bar. And as Lem stated,chip away at the fail.

i dislike a range too narrow as I do not need whip as it kills,and a range too big tells a tale of keep out.
If in doubt stay out.
Just keep it simple and never think, forex is run by predators.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,113
  • May 8, 2019 7:03am May 8, 2019 7:03am
[quote=falloverpete;12260995]In regards to countering; I have read that Billy's method for countering is strictly under wraps due to copyright. Was there a source for it? I have tried to piece together Billy's method however, in simulation, i keep making a right pigs ear of it lol, which makes me think i have no competence. The other way to do it would be a martingale betting strategy, which i have always been a fan of. I am trying the FTSE100 opening for my 5 points, when I can as i work full time. I have a number of stats for the FTSE. I am also starting very small as i wont be happy until i can see how I go when the 'wheels are falling off' as messing up can wipe out all of those small wins. I do watch the GU 7.45 and 8.00 as well as GJ 9:45 and 10 which i am keeping FD stats on.

hi , I forgot to say but Lem did a good post re, demo v live.
if you Trade live , look at gains as % and not money.
if you trade small and lose you might say, oh well I lost 10£/$ etc and just do a stupid trade. But get the idea of oh I lost 5% or won 5%
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,114
  • May 8, 2019 7:09am May 8, 2019 7:09am
Quoting falloverpete
Hi Billy, are you saying then that If your main GU trade should fail its target 5 you would move onto another pair if their stats would give you a good liklehood of a win, the AU 0400 for example? or would you counter only on the pair that has failed? as long a s the books balance at the end of the day? I know shops have loss leaders, these were the products you couldn't do with out, milk, eggs and ouzo. And i think a supermarkets approach to business we can, as traders, learn allot from, i even have to put a pound in my mouse to get it to move...
I trade Cable only, I used to trade a/u only and of course E/J only. I was trading a couple of pairs not long ago but I was helping a mate set up his business.
we can trade other pairs but at present Cable is best, we need volatility
Look at ink printers, they are sold at a loss but a mega markup is made on ink cartridges.
Re, loss leaders. I use this as an important example of how I trade.
i have stats to back my trading
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,115
  • May 8, 2019 7:11am May 8, 2019 7:11am
Quoting claudia1
{quote} How about Ar Saoirse in the first. 5/1 at the moment - got a top jockey on.
I dont pay the horses but that sounds Oirish so go for it
  • #41,116
  • May 8, 2019 7:13am May 8, 2019 7:13am
Quoting billytt
{quote} I trade Cable only, I used to trade a/u only and of course E/J only. I was trading a couple of pairs not long ago but I was helping a mate set up his business. we can trade other pairs but at present Cable is best, we need volatility Look at ink printers, they are sold at a loss but a mega markup is made on ink cartridges. Re, loss leaders. I use this as an important example of how I trade. i have stats to back my trading
Billy is it true that most time the first break is a failure but the second has a higher rate for success? Just focus on GU 00-00 4 hr bar and 8-00 15 mins bar
  • #41,117
  • May 8, 2019 7:44am May 8, 2019 7:44am
Afternoon guys, I see we some great trading results this week, well done all, also excellent golden posting. I am not trading at the moment, I have a throat that feels like i've swallowed broken glass, ughhh, I tend not to trade if I am under the weather. Trade well all.
  • #41,118
  • May 8, 2019 7:49am May 8, 2019 7:49am
Quoting RieseP
{quote} Billy is it true that most time the first break is a failure but the second has a higher rate for success? Just focus on GU 00-00 4 hr bar and 8-00 15 mins bar
No.
with Cable, if the 04-00 4 hour bar first break fails, you have good odds of getting 20 off the other end.
Same as the 00-00 4 hour break. If one end break and then retraced to break other end. The first break will usûally be the adr high low if it then goes to break other end and then big odds of getting the high low.
i hope I explained this ok.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,119
  • May 8, 2019 7:50am May 8, 2019 7:50am
Quoting Pipradar
Afternoon guys, I see we some great trading results this week, well done all, also excellent golden posting. I am not trading at the moment, I have a throat that feels like i've swallowed broken glass, ughhh, I tend not to trade if I am under the weather. Trade well all.
Well said Pip, get well soon. Try soft chocolate for sore throat
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,120
  • May 8, 2019 8:00am May 8, 2019 8:00am
Quoting billytt
{quote} No. with Cable, if the 04-00 4 hour bar first break fails, you have good odds of getting 20 off the other end. Same as the 00-00 4 hour break. If one end break and then retraced to break other end. The first break will usûally be the adr high low if it then goes to break other end and then big odds of getting the high low. i hope I explained this ok.
5 day Adr?
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