Billytt Die happy trading e/j daily breakout | Page 2308 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #46,141
  • Jan 9, 2020 2:27am Jan 9, 2020 2:27am
Quoting lemercenaire
Took the Spike-Hunt and although I missed the very first turn from the extreme (too busy gabbing here, lol), I did bag just fine. GU as Spike-Hunt +2.8 +2.8 +4.8 +6.3 [+16.7] {image}
it was a good move, I didn't like the 00-00 4 hr range so kept out......
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,142
  • Jan 9, 2020 2:37am Jan 9, 2020 2:37am
Quoting lemercenaire
Took the Spike-Hunt and although I missed the very first turn from the extreme (too busy gabbing here, lol), I did bag just fine. GU as Spike-Hunt +2.8 +2.8 +4.8 +6.3 [+16.7] {image}
The Billy-Bar would have bagged the +5 as a WZ play right enough.
  • #46,143
  • Jan 9, 2020 3:50am Jan 9, 2020 3:50am
Cable, the 00-00 4 hour high did fail .
the low break was excellent, almost at my secondary range,
got a big handful. yaaaaaaaaaaaaaaaay (small lot).
t 09-50
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,144
  • Jan 9, 2020 6:43am Jan 9, 2020 6:43am
Anyone one into breakouts this is an interesting ea https://www.pointzero-trading.com/Pr...ibleBreakoutEA

Doesn't do quite what I want but might be worth a look. Has martingale and inverse martingale for the brave.

It's free and on MT4 terminal.
  • #46,145
  • Jan 9, 2020 6:53am Jan 9, 2020 6:53am
Quoting claudia1
Anyone one into breakouts this is an interesting ea https://www.pointzero-trading.com/Pr...ibleBreakoutEA Doesn't do quite what I want but might be worth a look. Has martingale and inverse martingale for the brave. It's free and on MT4 terminal.
Thankyou Claudia,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,146
  • Jan 9, 2020 7:02am Jan 9, 2020 7:02am
Quoting billytt
{quote} Thankyou Claudia,
Hi Billy

Haven't used it as it doesn't do what I want but might work for someone.
  • #46,147
  • Jan 9, 2020 7:10am Jan 9, 2020 7:10am
I Spy Kevin, how are you doing bud and all best wishes for 2020-
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,148
  • Jan 9, 2020 8:42am Jan 9, 2020 8:42am
Quoting billytt
I Spy Kevin, how are you doing bud and all best wishes for 2020-
Hi Billytt, and everyone.
Thanks for the best wishes, and would like to return the compliment to yourself and everyone else.
I had a very busy year last year, hence the lack of posting.
I have been keeping up with your thread though, and is still as helpful as ever especially from You, Lem, and Claudia.
Kind regards
Kevin
  • #46,149
  • Jan 9, 2020 9:04am Jan 9, 2020 9:04am
Quoting kevin1959
{quote} Hi Billytt, and everyone. Thanks for the best wishes, and would like to return the compliment to yourself and everyone else. I had a very busy year last year, hence the lack of posting. I have been keeping up with your thread though, and is still as helpful as ever especially from You, Lem, and Claudia. Kind regards Kevin
Hi Kevin. Good to hear from you. Hope the new year is good to you and yours.
  • #46,150
  • Jan 9, 2020 9:19am Jan 9, 2020 9:19am
Quoting lemercenaire
{quote} Hi Kevin. Good to hear from you. Hope the new year is good to you and yours.
Thanks Lem, and all the best to you too
  • #46,151
  • Jan 9, 2020 10:11am Jan 9, 2020 10:11am
A late arvo play time - and a little bit cheeky, as not a lot of room to play with.

However, bagged, so all good.

DAX 5-Min HA Bounce from 23.6-level. +1 +1.5 +2.5 +3 +3.5 [+11.5]

Attached Image (click to enlarge)
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  • #46,152
  • Jan 9, 2020 10:38am Jan 9, 2020 10:38am
Over to Thunder+Lightning for a quickie...

DAX T-80 For +1.1 +2.5 [+3.6]

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  • #46,153
  • Jan 9, 2020 11:14am Jan 9, 2020 11:14am
Hi all,

Is there an automated way to find out the direction of 2 specific 1 hour candles for statistics? I know how to use Excel to work out daily stats but when the day is broken down, it becomes harder.

I think Lem or someone else much cleverer than myself mentioned that Frankie open and London Open tend to be the opposite of each other. A quick visual backtest confirms this to be the case (the 1 hour candles at 7am and 8am, UK time, tend to oppose each other on Cable). Going on this basis, we should potentially be looking for WZ "back into the body entries" at 8am.

This would give additional directional bias for Billy's 8:15am trade. For example if the Frankie open 1 hour bar is red, we should probably be looking to go long on Cable at 8:15am (look for long trigger only). And if the Frankie open 1 hour bar was green, it is more likely we will get the 5 pips easily at 8:15am if we only looked for short breaks.

Is there any tech available to figure out what happens most of the time on the 7am and 8am 1 hour bars? Like a frequency distribution indicator which might tell us 80% of the time the 8am bar went in the opposite direction of the 7am bar, in the last 1000 instances. Just throwing ideas around, please be kind lol.
  • #46,154
  • Jan 9, 2020 11:39am Jan 9, 2020 11:39am
Quoting ia1979
Hi all, Is there an automated way to find out the direction of 2 specific 1 hour candles for statistics? I know how to use Excel to work out daily stats but when the day is broken down, it becomes harder. I think Lem or someone else much cleverer than myself mentioned that Frankie open and London Open tend to be the opposite of each other. A quick visual backtest confirms this to be the case (the 1 hour candles at 7am and 8am, UK time, tend to oppose each other on Cable). Going on this basis, we should potentially be looking for WZ "back into the...
Yeah, that was me. Guilty as charged, lol.

You would, I guess be looking at frequency distribution and Cap'n Billy is the undoubted master there but as far an indi, well I reckon you would be looking at taking an Intergalactic Flight and ask The Head Alien if he either has something that would do the job - likely - or that if not and you ask very nicely, you may just find he'll do something for you.
  • #46,155
  • Jan 9, 2020 3:45pm Jan 9, 2020 3:45pm
Hey guys took 00-00 4 hr low break for +23 this am. Didn’t like how early the long broke, and the short just seemed right.
  • #46,156
  • Jan 9, 2020 4:10pm Jan 9, 2020 4:10pm
Quoting lemercenaire
{quote} Yeah, that was me. Guilty as charged, lol. You would, I guess be looking at frequency distribution and Cap'n Billy is the undoubted master there but as far an indi, well I reckon you would be looking at taking an Intergalactic Flight and ask The Head Alien if he either has something that would do the job - likely - or that if not and you ask very nicely, you may just find he'll do something for you.
Thanks Lem. Helpful as always. I'll be visiting the other galaxy to investigate further lol.

What's your thoughts on the matter Cap'n Billy?
  • #46,157
  • Jan 9, 2020 11:05pm Jan 9, 2020 11:05pm
a very early good morning to all.
Cable. 00-00 4 hour bar. High Broke and I am Long.
00-00 range = 12.
adr =108.
secondary daily range = 110 (almost identical).
Dax & ftse, nothing happening yet.
NFP DAY YAAAAAAAAAAAAAAAAAAAY.
Trade well all.
t 05-05 uuuuuuuuuuuuuuugh.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,158
  • Jan 9, 2020 11:14pm Jan 9, 2020 11:14pm
Quoting ia1979
{quote} Thanks Lem. Helpful as always. I'll be visiting the other galaxy to investigate further lol. What's your thoughts on the matter Cap'n Billy?
Hi ia,
I did half look at that sort of thing, actually I tried Dax out using something similar, about the time Lem started on Dax.

They used to say if the Asian session went one way, uk open would go the other.
All my stats were/are based on 00-00 & 04-00 4 hour bars as I found these best, actually we do have a couple of others but I wont go there...
I never traded Frankie open against London open, looking for same movement/against.
Which time frame??????? and what are the stats on the candle tails????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,159
  • Jan 10, 2020 12:05am Jan 10, 2020 12:05am
Cable......
I am long as stated earlier.
So far +10 . now I think , do I keep trade open to make more?????
This is were many traders lose, + 10 but greed makes them want more.
My main trade I look for 5 points as I am always saying. and I hammer it.

The good thing going though is, so far cable has only made 23 points and the adr = 108, SOOOO we can make a lot more points.
But what if it retraces and goes down?.
Actually we then have a better chance of getting more.
Just sharing my thoughts.
Trade well.
t 06-04

edit, as I was typing above, 06-00 came and cable moved up to just about +20 edit<<< it was 19 not 20, I am looking for 20 lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,160
  • Jan 10, 2020 12:43am Jan 10, 2020 12:43am
Some kind person has sent me some amazing stats for usd/chf hmmmmmmmmmmmmmmmmm
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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