Billytt Die happy trading e/j daily breakout | Page 2185 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #43,681
  • Aug 22, 2019 3:14am Aug 22, 2019 3:14am
Morning session:

DAX +61.5

Time for breakfast and a brew now.

Trade well all and back later.
  • #43,682
  • Aug 22, 2019 3:24am Aug 22, 2019 3:24am
First though - The Billy Bar continues to churn it out. Long Bias for me.

Billy-Bar

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  • #43,683
  • Aug 22, 2019 3:27am Aug 22, 2019 3:27am
Quoting Davidh061
{quote} You really know how to milk the market! Its great to watch but I don't think I have the skills to emulate it!
Not just referring to Dax.
I have hundreds of hours chart watching, if not thousands, and even though this isn't the answer nor holy grail. It gives an insight on how the markets behave.
Never forget, it is the few big boys who are causing the movement. So we have movement at times which goes beyond reason. and it isn't all clear cut and definitely not txt book.
Which brings me to statistics. Stats never lie? And frequency distribution shows bias which can be traded.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #43,684
  • Aug 22, 2019 3:28am Aug 22, 2019 3:28am
Also, here's how the AU H4 set-up looks. Yesterday eventually got the percents and today has bagged as well, this time off the first bar after the set-up.

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Don't know if I could have been happy to take that Short mind you, lol. Play it straight if in doubt and Billy's stats will watch your back.
  • #43,685
  • Aug 22, 2019 3:35am Aug 22, 2019 3:35am
2150 has been a key number for some time. Looking for a close on the 1h below that then target yesterday's low area and below. 2100 would be good and easily within daily range.

Could of course go the other way.
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  • #43,686
  • Aug 22, 2019 3:39am Aug 22, 2019 3:39am
Quoting lemercenaire
{quote} Thanks - but a large aspect of that is state-of-mind. I have been in this game a very long time and when I began, I specialised in Daily, Weekly and even Monthly time frames, typical fund bread-and-butter trading. The way I developed my scalping came about as a realisation that techniques are transferable in certain methods. This being a classic example, as you could look at those charts above and see 1-month in place of 1-min and play them pretty much the same way. I, in effect, just got faster-and-faster at executing the trades! To reintroduce...
Interestingly I am trying a stripped down version of Itchi ! But before I continue I have to pick up visitors ( staying for a couple of weeks). But will pop in sometimes to seek refuge
every Saint has a past. Every Sinner has a Future
  • #43,687
  • Aug 22, 2019 3:41am Aug 22, 2019 3:41am
Quoting turnip15
{quote} Interestingly I am trying a stripped down version of Itchi ! But before I continue I have to pick up visitors ( staying for a couple of weeks). But will pop in sometimes to seek refuge
Lol sounds like a fortnight of garden centres. Good luck !
  • #43,688
  • Aug 22, 2019 3:43am Aug 22, 2019 3:43am
Quoting billytt
{quote} Not just referring to Dax. I have hundreds of hours chart watching, if not thousands, and even though this isn't the answer nor holy grail. It gives an insight on how the markets behave. Never forget, it is the few big boys who are causing the movement. So we have movement at times which goes beyond reason. and it isn't all clear cut and definitely not txt book. Which brings me to statistics. Stats never lie? And frequency distribution shows bias which can be traded. Trade well.
Tis all a gamble in the end. So watching stats, and levels etc simply tilts the odds in your favour. A simplistic view I know, but that's me William,
every Saint has a past. Every Sinner has a Future
  • #43,689
  • Aug 22, 2019 3:50am Aug 22, 2019 3:50am
Quoting claudia1
{quote} Lol sounds like a fortnight of garden centres. Good luck !
More a definition of Dante's Inferno
Attached Image
every Saint has a past. Every Sinner has a Future
  • #43,690
  • Aug 22, 2019 3:55am Aug 22, 2019 3:55am
Quoting turnip15
{quote} Interestingly I am trying a stripped down version of Itchi ! But before I continue I have to pick up visitors ( staying for a couple of weeks). But will pop in sometimes to seek refuge
That 5-min chart above is HA candles + the Kijun sen and that's it, T, if that helps give any inspiration.
  • #43,691
  • Aug 22, 2019 4:00am Aug 22, 2019 4:00am
Quoting lemercenaire
{quote} That 5-min chart above is HA candles + the Kijun sen and that's it, T, if that helps give any inspiration.
Very similar apart from HA candles. The Kijun acts as a baseline.
Definitely going now - Mrs T said so !!
every Saint has a past. Every Sinner has a Future
  • #43,692
  • Aug 22, 2019 4:04am Aug 22, 2019 4:04am
Quoting turnip15
{quote} Tis all a gamble in the end. So watching stats, and levels etc simply tilts the odds in your favour. A simplistic view I know, but that's me William,
It is a gamble Mr T, but almost everything in life is based on maths.
Frequency Distribution is a Maths Category, and this info tilts trading in your favour tremendously.
Hope you are well.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #43,693
  • Aug 22, 2019 4:19am Aug 22, 2019 4:19am
Quoting turnip15
{quote} Very similar apart from HA candles. The Kijun acts as a baseline. Definitely going now - Mrs T said so !!
Oh dear ! Better get running.
  • #43,694
  • Aug 22, 2019 4:38am Aug 22, 2019 4:38am
Quoting claudia1
2150 has been a key number for some time. Looking for a close on the 1h below that then target yesterday's low area and below. 2100 would be good and easily within daily range. Could of course go the other way. {image}
Good start - will take that and wait for NY.
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  • #43,695
  • Aug 22, 2019 4:39am Aug 22, 2019 4:39am
Quoting claudia1
{quote} Oh dear ! Better get running.
  • #43,696
  • Aug 22, 2019 6:48am Aug 22, 2019 6:48am
Quoting claudia1
{quote} Oh dear ! Better get running.
Attached Image
  • #43,697
  • Aug 22, 2019 6:56am Aug 22, 2019 6:56am
Don't normally follow this but it does seem to have broken a significant number at 1500.

Cable is doing silly things - took a gain this morning and got out at good time.

Going back scalping (Lem style) until Brexit nonsense is over.

Took a gain and a loss overnight on A/J with the advisor. That's ok still running at 1:2.
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  • #43,698
  • Aug 22, 2019 6:57am Aug 22, 2019 6:57am
Quoting claudia1
Don't normally follow this but it does seem to have broken a significant number at 1500. Cable is doing silly things - took a gain this morning and got out at good time. Going back scalping (Lem style) until Brexit nonsense is over. Took a gain and a loss overnight on A/J with the advisor. That's ok still running at 1:2. {image}
Welcome back to the dark side...
  • #43,699
  • Aug 22, 2019 7:00am Aug 22, 2019 7:00am
Quoting lemercenaire
{quote} Welcome back to the dark side...
Thanks - can't wait. Spikes on cable like earlier today are just going to kill you.

So here we go again 1 min and 200 trades a day.
  • #43,700
  • Aug 22, 2019 7:30am Aug 22, 2019 7:30am
Quoting claudia1
{quote} Thanks - can't wait. Spikes on cable like earlier today are just going to kill you. So here we go again 1 min and 200 trades a day.
Spike-Hunt!!!

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