Billytt Die happy trading e/j daily breakout | Page 2254 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #45,061
  • Oct 20, 2019 11:41pm Oct 20, 2019 11:41pm
Again.

Down from Supply.

DAX 1-min Pre-KO +4

Attached Image (click to enlarge)
Click to Enlarge Name: DAXstillpreKOsownFromSupply+4oct21st19.png Size: 43 KB
  • #45,062
  • Oct 21, 2019 12:01am Oct 21, 2019 12:01am
The Not-The-Billy-Bar has just broken North and taken the +5. Not traded by me.
  • #45,063
  • Oct 21, 2019 12:26am Oct 21, 2019 12:26am
Well, that was loads of fun. Tracked the Monster all the way down and all the way back up, as it likes to do .

Just a blizzard of trades and no way could I track them all to post up, sorry.

All I can say is have a look at the pa and movement and you will see what it was all about.

DAX on its morning walk in the park.

Attached Image (click to enlarge)
Click to Enlarge Name: DAXonitsmorningwalk21stoct19.png Size: 45 KB
  • #45,064
  • Oct 21, 2019 12:29am Oct 21, 2019 12:29am
The Billy-Bar is too big for me at 33 pips, so not traded.
  • #45,065
  • Oct 21, 2019 1:22am Oct 21, 2019 1:22am
Morning all.
Cable...00-00 4 hour bar. Low broke and Fail. Then the High broke for lots ( chase Daily Range).
08-00 15 minute bar. High broke for %%%. I did not trade it due to large range and it being Monday.
Trade well all.
t 09-22
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,066
  • Oct 21, 2019 1:36am Oct 21, 2019 1:36am
Just for the record, here's the overviews for the am in Billy-Land.

Not-The-Billy-Bar

Attached Image (click to enlarge)
Click to Enlarge Name: GUasNTBBoverview21stOct19.png Size: 34 KB


Billy-Bar

Attached Image (click to enlarge)
Click to Enlarge Name: GUasBBoverview21stOct19.png Size: 35 KB
  • #45,067
  • Oct 21, 2019 1:36am Oct 21, 2019 1:36am
Quoting lemercenaire
The Billy-Bar is too big for me at 33 pips, so not traded.
A big bar brings its own opportunity I suppose (WZ going back in to the body).
  • #45,068
  • Oct 21, 2019 1:40am Oct 21, 2019 1:40am
Quoting ia1979
{quote} A big bar brings its own opportunity I suppose (WZ going back in to the body).
It does. However, I have decided that for The Billy-Bar(s) I let the original rules play out first before I run any WZ on it. That is, I will run it purely as Billy intended. If it fails, then yes, I will run WZ over it.

I trust Billy's stats on this. You may have hit on the exception to the rule, however, in that if the bar is too big to run it pure, then you could look at running it WZ from the start.
  • #45,069
  • Oct 21, 2019 1:44am Oct 21, 2019 1:44am
AU 4am to 8am looks like it was a nice easy break North today.
  • #45,070
  • Oct 21, 2019 1:47am Oct 21, 2019 1:47am
Quoting lemercenaire
{quote} It does. However, I have decided that for The Billy-Bar(s) I let the original rules play out first before I run any WZ on it. That is, I will run it purely as Billy intended. If it fails, then yes, I will run WZ over it. I trust Billy's stats on this. You may have hit on the exception to the rule, however, in that if the bar is too big to run it pure, then you could look at running it WZ from the start.
Thanks Lem. Yes that's what I was meaning. If the bar is too big, we (I) could potentially trade it differently instead of ignoring completely. As you have already pointed out however, it made more than 5 on the break North. Way more.
  • #45,071
  • Oct 21, 2019 2:21am Oct 21, 2019 2:21am
Quoting ia1979
{quote} A big bar brings its own opportunity I suppose (WZ going back in to the body).
Hi, a big bar still has good stats BUT if it does fail we need more bank roll. It is as simple as that.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,072
  • Oct 21, 2019 4:00am Oct 21, 2019 4:00am
Quoting lemercenaire
Again. Down from Supply. DAX 1-min Pre-KO +4 {image}
Dax was fine this morning Lem -the long from the off helped a lot.
Attached Image (click to enlarge)
Click to Enlarge Name: DaxMon1.png Size: 559 KB
every Saint has a past. Every Sinner has a Future
  • #45,073
  • Oct 21, 2019 4:13am Oct 21, 2019 4:13am
Quoting turnip15
{quote} Dax was fine this morning Lem -the long from the off helped a lot. {image}
Across the channel madame FTSE shot up and down between 8n am and 9 am

Lunch time.
Attached Image (click to enlarge)
Click to Enlarge Name: FTSEMad.png Size: 671 KB
every Saint has a past. Every Sinner has a Future
  • #45,074
  • Oct 21, 2019 4:27am Oct 21, 2019 4:27am
Quoting billytt
{quote} Hi, a big bar still has good stats BUT if it does fail we need more bank roll. It is as simple as that. Trade well.
Thanks Billy. I suppose trading a big 15 minute bar is probably more like trading a 4 hour bar due to the range. In terms of the GU 4 hour bars, which one is better to trade in your opinion - the 12am to 4am bar, or the 4am to 8am bar? Is one of them better than the other for breaks to one side only for x number of pips? Thanks again.
  • #45,075
  • Oct 21, 2019 5:26am Oct 21, 2019 5:26am
Quoting ia1979
{quote} Thanks Billy. I suppose trading a big 15 minute bar is probably more like trading a 4 hour bar due to the range. In terms of the GU 4 hour bars, which one is better to trade in your opinion - the 12am to 4am bar, or the 4am to 8am bar? Is one of them better than the other for breaks to one side only for x number of pips? Thanks again.
I was originally trading A/U off the 04-00 to 08-00 bar (4 hour bar) which is best.
The 00-00 4 hour bar is the one to chase the Daily Range.
if one end triggers and then reverses the other end has a big chance of making the Daily Range.
Trading off the second break is easier to calculate the Daily Range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,076
  • Oct 21, 2019 5:51am Oct 21, 2019 5:51am
Quoting billytt
{quote} I was originally trading A/U off the 04-00 to 08-00 bar (4 hour bar) which is best. The 00-00 4 hour bar is the one to chase the Daily Range. if one end triggers and then reverses the other end has a big chance of making the Daily Range. Trading off the second break is easier to calculate the Daily Range.
Billy thanks for sharing this information. A true gentleman.
  • #45,077
  • Oct 21, 2019 7:02am Oct 21, 2019 7:02am
@Lem - 16.00 Windsor if you're about. Won last time out. You'll pick it up from the jockey. Got 4/1 at the moment.
  • #45,078
  • Oct 21, 2019 7:35am Oct 21, 2019 7:35am
Quoting claudia1
@Lem - 16.00 Windsor if you're about. Won last time out. You'll pick it up from the jockey. Got 4/1 at the moment.
I see ya'
  • #45,079
  • Oct 21, 2019 8:12am Oct 21, 2019 8:12am
Quoting lemercenaire
{quote} I see ya'
Oops !
  • #45,080
  • Oct 21, 2019 8:20am Oct 21, 2019 8:20am
Quoting claudia1
{quote} Oops !
I take it the Judge wasn't troubled? Lol.

I didn't put anything on, so my beans-'n-toast are safe for tonight.
5 traders viewing now