Billytt Die happy trading e/j daily breakout | Page 2255 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #45,081
  • Oct 21, 2019 1:03pm Oct 21, 2019 1:03pm
Quoting lemercenaire
Just for the record, here's the overviews for the am in Billy-Land. Not-The-Billy-Bar {image} Billy-Bar {image}

Hello Lem :-) Do you noticed a new opportunity? What are the stats on the not billy bar?

p.s currently short on XAU/USD, stop at BE - medium/long term trade
  • #45,082
  • Oct 21, 2019 4:31pm Oct 21, 2019 4:31pm
Quoting MrGreen95
{quote} Hello Lem :-) Do you noticed a new opportunity? What are the stats on the not billy bar? p.s currently short on XAU/USD, stop at BE - medium/long term trade
No set stats, nothing like Billy would do. I just ran visual backtests and saw enough movement to warrant an interest.

You will often find that the early bar is smaller than the Billy-Bar, so easier to nab a break.
  • #45,083
  • Oct 21, 2019 10:33pm Oct 21, 2019 10:33pm
Morning all.
Cable, 00-00 4 hour bar.
High broke for 5/6 I want the retrace now to break Low.
Trade well all.
t 06-33
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,084
  • Oct 21, 2019 10:47pm Oct 21, 2019 10:47pm
Quoting MrGreen95
{quote} Hello Lem :-) Do you noticed a new opportunity? What are the stats on the not billy bar? p.s currently short on XAU/USD, stop at BE - medium/long term trade
Hi Mr G, hope all is well.
How do I say this politely,
i first started trading successfully by trading E/J on the Daily, then A/U on the 4 hour bar.
i played around with scalping off the 5 minute bar, and Dax off different short time bars.
I trade off good stats BUT I expect to lose when I trade.

The best Frequency distribution stats I have confirm that the 08-00 15 minute bar is the best to use.OR the best to lose off.
It is what happens next.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,085
  • Oct 21, 2019 11:57pm Oct 21, 2019 11:57pm
'Morning everyone. DAX price has been running along, banging its head off the ceiling of 12792 since 21st-22nd. The lower level stands at 12727-12711 so a bit of wiggle room to work with. Unfortunately, the latest move has happened in the last two hours and we are kind of in no-man's land at the moment, so at the Open, we can now get a bounce up before the continuation down. Just typical DAX then.

Trade well, all.
  • #45,086
  • Oct 22, 2019 12:00am Oct 22, 2019 12:00am
There is one other option, with an intermediate level at 12750 possibly coming into play. We shall see.
  • #45,087
  • Oct 22, 2019 12:06am Oct 22, 2019 12:06am
Easy enough play off the KO this morning.

DAX 1-min +4.5 +4.5 [+9]

Attached Image (click to enlarge)
Click to Enlarge Name: DAXas1-minatKOfor+4.5+4.5.png Size: 41 KB
  • #45,088
  • Oct 22, 2019 12:15am Oct 22, 2019 12:15am
Quoting lemercenaire
There is one other option, with an intermediate level at 12750 possibly coming into play. We shall see.
Didn't quite make it to 12750 but yep, we got the intermediate bounce (at 12753, so as near-as-dammit) and I took +14.5 off that using another method I don't post here.

Attached Image (click to enlarge)
Click to Enlarge Name: Overviewoftheother+14.5onothermethod22ndOct19.png Size: 41 KB


Attached Image (click to enlarge)
Click to Enlarge Name: DAX-LazyRiver-TradeDetails22ndOct19.png Size: 2 KB
  • #45,089
  • Edited 12:31am Oct 22, 2019 12:20am | Edited 12:31am
So +23.5 to start us off via a kindly Monster. Loverleeee...
  • #45,090
  • Oct 22, 2019 12:24am Oct 22, 2019 12:24am
Elsewhere, Cable also has had price in a channel, upper at 1.30051, lower at 1.29567 (with a secondary at 1.29363).

Sure enough, we got a bounce off 1.29567 and I'm sure that this is the move that Claudia will have cashed in on this morning.
  • #45,091
  • Oct 22, 2019 12:30am Oct 22, 2019 12:30am
The Not-The-Billy-Bar got to +4.2 on a Low break.

Attached Image (click to enlarge)
Click to Enlarge Name: GUasNTBBfor+4.2oct22nd19.png Size: 32 KB


The Billy-Bar hit +8.7 on the move the opposite way. I am not sure if price broke low first, I was too busy playing in the back yard with The Monster.

Attached Image (click to enlarge)
Click to Enlarge Name: GUasTheBBfor+8.7oct22nd19.png Size: 35 KB


I am sure Billy will fill us in.
  • #45,092
  • Oct 22, 2019 12:37am Oct 22, 2019 12:37am
Add-in...

DAX 1-min +2.5

Attached Image (click to enlarge)
Click to Enlarge Name: DAXaddinfor+2.5oct22nd2019.png Size: 43 KB
  • #45,093
  • Oct 22, 2019 12:38am Oct 22, 2019 12:38am
DAX +26
  • #45,094
  • Oct 22, 2019 12:47am Oct 22, 2019 12:47am
Again...

DAX 1-min +2.5

Attached Image (click to enlarge)
Click to Enlarge Name: DAXas1-minadd-in-again-for+2.5oct22nd19.png Size: 42 KB
  • #45,095
  • Oct 22, 2019 12:47am Oct 22, 2019 12:47am
Cable.. 08-00 15 minute bar break.
High broke for +5% then retrace down. That trade was closed.
But we had the 00-00 4 hour bar second break happening,
This was shorted looking for some of the Daily Range, which I gladly got. Yaaaaay.
t 08-47
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,096
  • Oct 22, 2019 12:48am Oct 22, 2019 12:48am
DAX +28.5
  • #45,097
  • Oct 22, 2019 12:49am Oct 22, 2019 12:49am
Quoting billytt
Cable.. 08-00 15 minute bar break. High broke for +5% then retrace down. That trade was closed. But we had the 00-00 4 hour bar second break happening, This was shorted looking for some of the Daily Range, which I gladly got. Yaaaaay. t 08-47
Certainly looked like a pretty solid move Short, Billy. Nicely done.
  • #45,098
  • Oct 22, 2019 12:50am Oct 22, 2019 12:50am
PA is telling me it's time to stop poking the bear, so it's off the clock for me now. Brew and breakfast.

Trade well, all who stick around.
  • #45,099
  • Oct 22, 2019 12:51am Oct 22, 2019 12:51am
Quoting lemercenaire
The Not-The-Billy-Bar got to +4.2 on a Low break. {image} The Billy-Bar hit +8.7 on the move the opposite way. I am not sure if price broke low first, I was too busy playing in the back yard with The Monster. {image} I am sure Billy will fill us in.
Billy bar, it was a straight break of high, made a few then dropped going through the 00-00 4 hour bar Low. Blah blah
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #45,100
  • Oct 22, 2019 12:53am Oct 22, 2019 12:53am
Quoting lemercenaire
'Morning everyone. DAX price has been running along, banging its head off the ceiling of 12792 since 21st-22nd. The lower level stands at 12727-12711 so a bit of wiggle room to work with. Unfortunately, the latest move has happened in the last two hours and we are kind of in no-man's land at the moment, so at the Open, we can now get a bounce up before the continuation down. Just typical DAX then. Trade well, all.
Oh and we got the bounce off the lower level, at 12728. Lovely bounce so far of +18 as I write.
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