Billytt Die happy trading e/j daily breakout | Page 2089 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #41,761
  • May 27, 2019 2:20am May 27, 2019 2:20am
Cable, 08-00 15 bar.
Low broke and still running, 9 range.
adr for last 5 days is 86.
t 08-19
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,762
  • May 27, 2019 2:46am May 27, 2019 2:46am
Cable, 08-00. 15 min bar break.
Low broke for + 5%.
t08-45.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,763
  • May 27, 2019 5:33am May 27, 2019 5:33am
Cable update.
00-00 4 hour range break.
the high broke As posted, Then the drop to break low. Already gathered a big proportion of adr and now out.
we did pass a mini level not long ago.
trade well. T 11-33
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,764
  • May 27, 2019 7:19am May 27, 2019 7:19am
Hey ... hope you had a stressfree voting Sunday ...
Fix up, trade sharp ...
  • #41,765
  • May 27, 2019 7:53am May 27, 2019 7:53am
Quoting Hickson
Hey ... hope you had a stressfree voting Sunday ...
It is very difficult to pick which group of liars.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,766
  • May 27, 2019 7:58am May 27, 2019 7:58am
Quoting billytt
{quote} It is very difficult to pick which group of liars.
Yeah. Hard poo or soft ...
Fix up, trade sharp ...
  • #41,767
  • May 27, 2019 8:49am May 27, 2019 8:49am
Quoting billytt
my gf now has a Queen Bee in her hive and that was an experience.

Mark 1:10

Inserted Video


Have a good one Billy !
  • #41,768
  • May 27, 2019 9:30am May 27, 2019 9:30am
Quoting ForeXhell
{quote} Mark 1:10 https://www.youtube.com/watch?v=Hb8QXW3n_T0 Have a good one Billy !
Thankyou and will do.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,769
  • May 27, 2019 3:41pm May 27, 2019 3:41pm
Quoting billytt
Cable update. 00-00 4 hour range break. the high broke As posted, Then the drop to break low. Already gathered a big proportion of adr and now out. we did pass a mini level not long ago. trade well. T 11-33
Billy,

can you please remind me when your 00-00 4 hour range break starts and ends in London real time.

I traded the 08.00 - 08.15 for 5+ pips yesterday, could have been a lot more in hindsight which is always perfect of course.
  • #41,770
  • May 27, 2019 3:46pm May 27, 2019 3:46pm
Quoting ikdenk
{quote} Billy, can you please remind me when your 00-00 4 hour range break starts and ends in London real time. I traded the 08.00 - 08.15 for 5+ pips yesterday, could have been a lot more in hindsight which is always perfect of course.
All times mentioned on here are UK time.

So 00:00 4hr range break is from Midnight to 4 am UK time.
  • #41,771
  • May 27, 2019 5:15pm May 27, 2019 5:15pm
Quoting lemercenaire
{quote} All times mentioned on here are UK time. So 00:00 4hr range break is from Midnight to 4 am UK time.
Thanks, Lem, appreciated.

So theoretically you could be trading the breakout of this 4 hour period at 4am your time or do you wait for a break only say after the London Open, around the same time as the 8.00 to 8.15 break?

Good opportunity for Claudia's EA as long as the TP setting has been fixed.
  • #41,772
  • May 27, 2019 5:26pm May 27, 2019 5:26pm
Quoting ikdenk
{quote} Thanks, Lem, appreciated. So theoretically you could be trading the breakout of this 4 hour period at 4am your time or do you wait for a break only say after the London Open, around the same time as the 8.00 to 8.15 break? Good opportunity for Claudia's EA as long as the TP setting has been fixed.
Yeah, when it breaks, it breaks - and that could be immediately at 4 am UK.
  • #41,773
  • May 27, 2019 5:31pm May 27, 2019 5:31pm
Quoting ikdenk
{quote} Thanks, Lem, appreciated. So theoretically you could be trading the breakout of this 4 hour period at 4am your time or do you wait for a break only say after the London Open, around the same time as the 8.00 to 8.15 break? Good opportunity for Claudia's EA as long as the TP setting has been fixed.
The thing to remember about the 00:00 4H bar, is that as Billy sees it, it is not necessarily as a stand alone break trade but instead is used in relation to how price behaves after that time slot, ie at the 08:15 bar set up.

If that fails in its initial break, where price is in relation to that midnight bar can be important as to how you play your next move.
  • #41,774
  • May 27, 2019 6:44pm May 27, 2019 6:44pm
Quoting lemercenaire
{quote} The thing to remember about the 00:00 4H bar, is that as Billy sees it, it is not necessarily as a stand alone break trade but instead is used in relation to how price behaves after that time slot, ie at the 08:15 bar set up. If that fails in its initial break, where price is in relation to that midnight bar can be important as to how you play your next move.
Understood. It's the combination of the two that is important. It is as if the midnight 4H bar sets the true value of the pair before the manipulation starts.

There are then different scenarios for the combination of the two, one of them like yesterday where the 8.00 - 8.15 bar 'rests' on top of the midnight 4H bar.

See attached 1min chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gumon27.PNG Size: 33 KB
  • #41,775
  • May 28, 2019 1:00am May 28, 2019 1:00am
Good morning all.
Cable ...adr today is 86, based on 5 days. ( my figures). Look at yesterday's post too..
So far the 00-00 4 hour bar has not been broken. Range 15.

Dax... 00-00 15 minute bar, range 3.
High broke and kept going, this means nothing to me as I want the re-trace in a few hours time. (IF it happens).
i honestly do not feel fully confident with this, but I have made hundreds of points since my colleague and I started testing it.
Trade well all. T 07-00
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,776
  • May 28, 2019 1:05am May 28, 2019 1:05am
Quoting ikdenk
{quote} Billy, can you please remind me when your 00-00 4 hour range break starts and ends in London real time. I traded the 08.00 - 08.15 for 5+ pips yesterday, could have been a lot more in hindsight which is always perfect of course.
Hello ikdenk and welcome.
All my times are UK time. 00-00 to 04-00 ( 4 hours).
08-00 to 08-15 15 minutes.
My Cable trades are all traded of Frequency Distribution Stats.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,777
  • May 28, 2019 1:10am May 28, 2019 1:10am
Quoting ikdenk
{quote} Thanks, Lem, appreciated. So theoretically you could be trading the breakout of this 4 hour period at 4am your time or do you wait for a break only say after the London Open, around the same time as the 8.00 to 8.15 break? Good opportunity for Claudia's EA as long as the TP setting has been fixed.
We have a trigger high/low and we trade it. The time doesn't matter.
Having said that without sounding contradicting, sometimes we have doubts so we stay out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,778
  • May 28, 2019 1:13am May 28, 2019 1:13am
Quoting lemercenaire
{quote} The thing to remember about the 00:00 4H bar, is that as Billy sees it, it is not necessarily as a stand alone break trade but instead is used in relation to how price behaves after that time slot, ie at the 08:15 bar set up. If that fails in its initial break, where price is in relation to that midnight bar can be important as to how you play your next move.
You got it Lem. 10/10
like I say, 1st Trade fails we have better stats for next trade to gain. All off certain candles/bars High/ low.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,779
  • May 28, 2019 1:15am May 28, 2019 1:15am
Quoting ikdenk
{quote} Understood. It's the combination of the two that is important. It is as if the midnight 4H bar sets the true value of the pair before the manipulation starts. There are then different scenarios for the combination of the two, one of them like yesterday where the 8.00 - 8.15 bar 'rests' on top of the midnight 4H bar. See attached 1min chart.{image}
CORRECT......look at old charts and focus on high/ low of 00-00 & 08-00 range.
They are constantly respected.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #41,780
  • May 28, 2019 1:20am May 28, 2019 1:20am
'Morning all. Hope everyone had a great weekend.

I had hoped to get stuck right in today but was as sick as a dog last night. Brief but intense, lol. So won't be doing anything till at least sometime later in the day.

Hope I haven't jinxed it for everyone else now

Trade well all and catch ya later.
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