Billytt Die happy trading e/j daily breakout | Page 2338 | 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

  • #46,741
  • Jan 27, 2020 12:59am Jan 27, 2020 12:59am
GBP/USD H4/M15 Observations

Strong Zone of Buying below the 00.00 4.00 Bar waiting for Price to show its hand.

I might not be around to Trade it though....
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Jan 20 GBPUSD H4M15 Observations.png Size: 344 KB
  • #46,742
  • Jan 27, 2020 1:11am Jan 27, 2020 1:11am
Morning all.....
usd/chf 00-00 4 hour break, High Broke and I am Long.

My colleague here is shorting Dax moff break of 00-00 low. nice gap
ftse low broke but I have left it. nice gap.

Trade well all.
t 07-11
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,743
  • Jan 27, 2020 1:16am Jan 27, 2020 1:16am
Quoting stevepatt
Hi to everyone, I hope everyone is having a good weekend Been reading through the thread, very informative. I've been looking at H4 Bars and trying to incorporate them into my Short Term Trading Method (M15/M1) I really like the 00.00 4.00 Break Out Method, I believe Billy introduced Personally I find it very difficult to Trade the Initial Break I've always been more comfortable Trading PullBacks to a specific Point before taking a Trade. The Chart below shows how successful this approach would have been over the last 6 Days I work full time so...
Hi, and welcome.
You know the saying , horses for courses.
same with the 00-00 4 hour bar break..
initially I was only trading it when I had a Fail other time frame, and we are still testing it.
It is good old ancient trade method , nothing wrong with what you do ie trade the retrace off a specific point, I always suggest this as a retrace trade is good plus you lose less if it fails.
Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,744
  • Jan 27, 2020 2:01am Jan 27, 2020 2:01am
'Morning all.

Not usually watched at this point in the day but looks like an eye on a possible short on UC could be worthwhile.
  • #46,745
  • Jan 27, 2020 2:02am Jan 27, 2020 2:02am
Missed a decent Long on The DAX at 07.30...too early for a Monday morning, lol.

EDIT: Jumped into a short move off the Open.
  • #46,746
  • Jan 27, 2020 2:16am Jan 27, 2020 2:16am
cable. 08-00 15 minute bar. Low broke and I am short.
t 08-16
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,747
  • Edited 2:39am Jan 27, 2020 2:29am | Edited 2:39am
F+*&£*! Brokers!

In Long on Cable and had to step away, so set my tp/sl blah blah blah...like a good boy.

Came back and price had gone exactly where I thought it would...woo-hoo! Except, not so much. TP had mysteriously not triggered. Funny that...

Still had +6.5 in the bag and took that but should have been more than three times that. Another reason why I usually never leave a trade to do its own thing.

GU +6.5

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDxH1missedtpLongsitsat6.527thJan2020crop.png Size: 39 KB
  • #46,748
  • Jan 27, 2020 2:35am Jan 27, 2020 2:35am
The Not-The-Billy-Bar has broken both ends and not hit target on either. WZ on the way back through would have cleared you good, obviously. Not traded by me.

The Billy-Bar has a 23 pip range...big. As it stands, the break short has reversed. WZ would have hit TP. Played straight, not so much. Again, not traded by me.

I would have been only interested in the Long move this morning - and that's what I got in on as shown above.
  • #46,749
  • Jan 27, 2020 2:43am Jan 27, 2020 2:43am
Cable, long story as to what we are doing.
The 08-00 low failed but we countered at - 12. and we are playing the game, OR my colleague is.
just hitting it with counters and trades.....
t 08-43
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,750
  • Jan 27, 2020 3:08am Jan 27, 2020 3:08am
morning, hope u all had a good weekend

Gold - took the break of the 8am low for 10, and then took the break of the 8am high for 10 more. Nice and clean

Not in GU yet, as was busy on gold
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 8am 20200127.JPG Size: 174 KB
  • #46,751
  • Jan 27, 2020 4:08am Jan 27, 2020 4:08am
00-00 4 hr break GU (plus a inside bar break on the 5:00 1 hr bar) out for a hefty sum at the pivot. +25
  • #46,752
  • Jan 27, 2020 4:08am Jan 27, 2020 4:08am
Quoting stevepatt
GBP/USD H4/M15 Observations Strong Zone of Buying below the 00.00 4.00 Bar waiting for Price to show its hand. I might not be around to Trade it though.... {image}
your retrace trade worked perfectly.
  • #46,753
  • Jan 27, 2020 5:18am Jan 27, 2020 5:18am
Quoting BrokeCollege
{quote} your retrace trade worked perfectly.
Retrace trades are good if you just happen to show a chart and see that it has happened. and you have an entry.
To actually rely on a retrace trade can prove troublesome as they don't always happen.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,754
  • Jan 27, 2020 6:03am Jan 27, 2020 6:03am
Quoting lemercenaire
Missed a decent Long on The DAX at 07.30...too early for a Monday morning, lol. EDIT: Jumped into a short move off the Open.
And some short move it was. Party at Lem's
  • #46,755
  • Edited 6:32am Jan 27, 2020 6:20am | Edited 6:32am
Hi Guys hope some of you caught the short on Cable, my thought was well its looking a wee bit obvious but If they push it back to that Supply and Dump from Friday afternoon, and the 200m/a 50fib I,m going in all guns Yeeeeehaaa, L.O.L. took 36 ,, thats a whole weeks load, love it when the plan comes together, (don't get me wrong I was like a coiled snake ready to strike if it went against me). Need a walk round the garden get back to reality, Green to you all guys. Pip.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM15 Mon 27 Jan Took 36 Short from the 200.png Size: 50 KB
Click to Enlarge Name: GBPUSDH4 Mon 27 Jan.png Size: 53 KB
  • #46,756
  • Jan 27, 2020 6:23am Jan 27, 2020 6:23am
Quoting Pipradar
Hi Guys hope some of you caught the short on Cable, my thought was well its looking a wee bit obvious but If they push it to that Supply and Dump from Friday afternoon, and the 200m/a I,m going in all guns Yeeeeehaaa, L.O.L. took 36 ,, thats a whole weeks load, love it when the plan comes together, (don't get me wrong I was like a coiled snake ready to strike if it went against me). Need a walk round the garden get back to reality, Green to you all guys. Pip. {image}
we'e been nailing cable, it looked horrific at times but now back in control.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,757
  • Jan 27, 2020 6:36am Jan 27, 2020 6:36am
swiisy yaaaaaaaaay usd/chf long closed for 5 and then shorted off the low break of 00-00 4 bar. that got 6 .now looking at gbp/hf lol
t 12-36
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,758
  • Jan 27, 2020 6:38am Jan 27, 2020 6:38am
Quoting billytt
{quote} we'e been nailing cable, it looked horrific at times but now back in control.
Great work Mr B, your a true gent and an inspiration as always, Take care Bud.
  • #46,759
  • Jan 27, 2020 6:49am Jan 27, 2020 6:49am
Quoting Pipradar
{quote} Great work Mr B, your a true gent and an inspiration as always, Take care Bud.
thank you for your kind words, today I actually traded like an idiot which is very rare..i had 2 massive lots on that 08-00 15 minute break and when it failed I and my colleague decided to fix it like a small trade lol. I aged rapidly. anyway all now sorted.
we hit usd/chf hard as well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,760
  • Jan 27, 2020 7:02am Jan 27, 2020 7:02am
Dax is looking ever so tempting for a long. lol
I Just Need a trigger
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
70 traders viewing now