Billytt Die happy trading e/j daily breakout | Page 2357 | 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

  • #47,121
  • Feb 6, 2020 6:11am Feb 6, 2020 6:11am
Quoting claudia1
One Mr T should be following. {image}
Hola!
  • #47,122
  • Feb 6, 2020 6:53am Feb 6, 2020 6:53am
Quoting lemercenaire
{quote} Hola!
lol - Adam let me down but Hayley came in a winner at 22/1 same meet. Good day.
  • #47,123
  • Feb 6, 2020 7:00am Feb 6, 2020 7:00am
Dow has made another dive similar to yesterday ?
And broke the 29400
Attached Image (click to enlarge)
Click to Enlarge Name: DowFri6Feb.png Size: 499 KB
every Saint has a past. Every Sinner has a Future
  • #47,124
  • Feb 6, 2020 7:03am Feb 6, 2020 7:03am
Calling it a day. have a good week end all.
every Saint has a past. Every Sinner has a Future
  • #47,125
  • Feb 6, 2020 7:19am Feb 6, 2020 7:19am
Quoting turnip15
Dow has made another dive similar to yesterday ? And broke the 29400 {image}
Good stuff mr. T!
  • #47,126
  • Feb 6, 2020 8:02am Feb 6, 2020 8:02am
Quoting lemercenaire
''UC is sitting in amongst some chunky-looking S+D Zones just now, so providing it stays like that, the DZ could play out well today''. Eazy-Peazy-Lemon-Squeezy... Dead Zone UC Long Bias {image}
Lem I know you can't share this supply and demand indicator but do you, or anyone else know of another good one for MT4? Thanks in advance.
  • #47,127
  • Feb 6, 2020 8:43am Feb 6, 2020 8:43am
Quoting ia1979
{quote} Lem I know you can't share this supply and demand indicator but do you, or anyone else know of another good one for MT4? Thanks in advance.
Search for "best supply and demand indicator for mt4" and you'll find what you need. Top two have equal merits - all I did, or had done for me, was combine best of both.
  • #47,128
  • Feb 6, 2020 8:59am Feb 6, 2020 8:59am
Quoting lemercenaire
{quote} Sorry, in what way? ''Which one is it?'' Who's version, or the Cam-Level?
lol, just the cam level. Some hold a lot more weight than others so was just interested if it was a day, week or quarterly one, and whether or not a breakout level etc
  • #47,129
  • Feb 6, 2020 9:37am Feb 6, 2020 9:37am
Do you guys recommend any reliable charting for the Dollar index?
  • #47,130
  • Feb 6, 2020 10:10am Feb 6, 2020 10:10am
Quoting Jp1
{quote} lol, just the cam level. Some hold a lot more weight than others so was just interested if it was a day, week or quarterly one, and whether or not a breakout level etc
It was the H3 Short Reversal Level. It was backed by a solid Supply Zone.
  • #47,131
  • Feb 6, 2020 10:15am Feb 6, 2020 10:15am
Quoting lemercenaire
{quote} It was the H3 Short Reversal Level. It was backed by a solid Supply Zone.
Price is finding it very difficult to break that level. However, if I wasn't going out tonight, I'd be looking at a possible Supply Clearout move.

Will it hold till tomorrow? Mmmmmmm...
  • #47,132
  • Feb 6, 2020 10:21am Feb 6, 2020 10:21am
Quoting turnip15
Dow has made another dive similar to yesterday ? And broke the 29400 {image}
Hi Turnip-
'been looking at your charts - trying to figure out your entry criteria.
Seems like there are two conditions !?
Either price closes above / beyond the cloud- you are entering on the break of that last candle that broke the cloud...
Or
the other method seems to be the break of the blue ma ?
Again waiting for the next candle to exceed the close of the candle that broke the ma ?

Is this about right ?

Best,
Mark
  • #47,133
  • Feb 6, 2020 11:47am Feb 6, 2020 11:47am
Quoting mtacki
{quote} Hi Turnip- 'been looking at your charts - trying to figure out your entry criteria. Seems like there are two conditions !? Either price closes above / beyond the cloud- you are entering on the break of that last candle that broke the cloud... Or the other method seems to be the break of the blue ma ? Again waiting for the next candle to exceed the close of the candle that broke the ma ? Is this about right ? Best, Mark
Sorry for late reply -I had logged out for the weekend but popped by whilst researching other matters.

View the video from about 25:22.
Just keep it simple and ignore most of what he says about other vids etc, if you wish. The one line -Kijun sen is what I use. Clouds just give a bias but if you experiment with 'round numbers -00 etc' and watch consolidations, hh's etc then you get an idea of flow. I have no ABC of trading but simply a basic structure -line crossing, that I follow. You soon notice big round numbers, previous levels and price reaction off them so that you can put your own interpretation on them.
We could discuss over many paragraphs what I do, but like Billy, Lem, Claudia etc, you cannot replicate their trades but practice and repetition will give you your own interpretation based on your personal view of the world.

The video:
Inserted Video
every Saint has a past. Every Sinner has a Future
  • #47,134
  • Feb 6, 2020 12:40pm Feb 6, 2020 12:40pm
Quoting turnip15
{quote} Sorry for late reply -I had logged out for the weekend but popped by whilst researching other matters. View the video from about 25:22. Just keep it simple and ignore most of what he says about other vids etc, if you wish. The one line -Kijun sen is what I use. Clouds just give a bias but if you experiment with 'round numbers -00 etc' and watch consolidations, hh's etc then you get an idea of flow. I have no ABC of trading but simply a basic structure -line crossing, that I follow. You soon notice big round numbers, previous levels and price...
thanks a bunch
very interesting stuff around here :-)
  • #47,135
  • Feb 6, 2020 1:20pm Feb 6, 2020 1:20pm
Quoting turnip15
{quote} Sorry for late reply -I had logged out for the weekend but popped by whilst researching other matters. View the video from about 25:22. Just keep it simple and ignore most of what he says about other vids etc, if you wish. The one line -Kijun sen is what I use. Clouds just give a bias but if you experiment with 'round numbers -00 etc' and watch consolidations, hh's etc then you get an idea of flow. I have no ABC of trading but simply a basic structure -line crossing, that I follow. You soon notice big round numbers, previous levels and price...
Great post. You took time and found out what works for you. Now you have my favourite word 'confidence' lol.
  • #47,136
  • Feb 6, 2020 1:23pm Feb 6, 2020 1:23pm
If this breaks tomorrow could be fun. NFP day too.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 77 KB
  • #47,137
  • Feb 6, 2020 3:10pm Feb 6, 2020 3:10pm
Quoting BrokeCollege
Do you guys recommend any reliable charting for the Dollar index?
I use IG
Attached Image (click to enlarge)
Click to Enlarge Name: USDindexDaily.png Size: 80 KB
  • #47,138
  • Feb 6, 2020 4:48pm Feb 6, 2020 4:48pm
An interesting observation - relates to The Billy Bar 8am - 8:15 GU bar break and the 12am - 4am GU bar break. If price breaks one side but doesn't make many pips, it'll normally break the other side for a good handful. This much we know through the number crunching Billy has done. If however, the second break also fails and price goes back in the original direction again, it may or may not make the pips. I've noticed when the target bar has been broken 3 times, chances are it'll break more times before finally deciding on what to do (in a few cases I saw it being broken 6 or 7 times). That sort of whip will kill an account. From now on, 3 breaks and I'm out until the next day or whatever. Sorry if most of you already know this. Thought I would share my findings in case they prove to be useful for someone.
  • #47,139
  • Feb 6, 2020 5:40pm Feb 6, 2020 5:40pm
Also have a look at 7am-8am GU bar break. Most days only 1 side breaks and goes for 30+ pips. Some days both sides will break but over time the gains appear to cover the losses. Probably ignore this trade if the 1 hour bar is big (30+ pips).
  • #47,140
  • Feb 6, 2020 9:37pm Feb 6, 2020 9:37pm
Will not long Cable today. Pivot/1.2950/38 Fib of yesterday is took close to the top of the range. Plus, Its the end of the week and there is big news potentially... will there be a break of the range on the daily today? 1.2850 area mayyyyybe?
15 traders viewing now