Billytt Die happy trading e/j daily breakout | Page 2399 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #47,961
  • Mar 30, 2020 2:20pm Mar 30, 2020 2:20pm
Quoting turnip15
Found this price action trader video - a one pip man it seems https://www.youtube.com/watch?v=mMJ7d7ALJzY
Mmmmm...except it's not actually live trading, is it?

Oh boy, the standard of question in the comments. No wonder brokers make money.
  • #47,962
  • Mar 30, 2020 2:20pm Mar 30, 2020 2:20pm
Quoting lemercenaire
Seems I got about as much as was possible out of my DZ choice today. Dropped a little bit more through the day but nothing to get overly excited about. {image}
Your another league Lem. Your a genius when it comes to trading
  • #47,963
  • Mar 30, 2020 2:38pm Mar 30, 2020 2:38pm
Quoting RieseP
{quote} Your another league Lem. Your a genius when it comes to trading
Just trying to stop my brain from leaking out my ears in boredom today, more like. What a yawnfest.

I have even been running...shock, horror!!!...High TF stuff!

Attached Image
  • #47,964
  • Mar 30, 2020 2:49pm Mar 30, 2020 2:49pm
Back and fourth. No direction. Tomorrow a new day. Take care Lem
  • #47,965
  • Mar 30, 2020 2:53pm Mar 30, 2020 2:53pm
Quoting lemercenaire
{quote} Mmmmm...except it's not actually live trading, is it? Oh boy, the standard of question in the comments. No wonder brokers make money.
Some would say 'Cringe - worthy'
every Saint has a past. Every Sinner has a Future
  • #47,966
  • Mar 30, 2020 3:53pm Mar 30, 2020 3:53pm
Quoting RieseP
Back and fourth. No direction. Tomorrow a new day. Take care Lem
Last couple of hours, I've been faffing around using HA candles, 5-min chart, 20ema and smoothed kijun slope.

Long if above and white, short if below and red (all been long).

Candy from a baby.
  • #47,967
  • Mar 31, 2020 4:01am Mar 31, 2020 4:01am
Hi all, Hope everyone is well.

Cable 08-00 15 min bar break.
Low broke and Failed.

High broke and i got +5% and now fixing the bad trade, was minus 30 but now approx minus 10.
trade well all. and take care.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #47,968
  • Mar 31, 2020 5:20am Mar 31, 2020 5:20am
Dax -This morning very bitty and lucky to get a few pips. If I had stayed beyond 10 am I would have been happier, but I didn't, and traded as per my usual slot.

Can't complain though.
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #47,969
  • Mar 31, 2020 5:44am Mar 31, 2020 5:44am
Quoting billytt
Hi all, Hope everyone is well. Cable 08-00 15 min bar break. Low broke and Failed. High broke and i got +5% and now fixing the bad trade, was minus 30 but now approx minus 10. trade well all. and take care.
Im backtesting trying to see what I will end up with hard stop midline in between the bar.
  • #47,970
  • Mar 31, 2020 5:45am Mar 31, 2020 5:45am
Quoting RieseP
{quote} Im backtesting trying to see what I will end up with hard stop midline in between the bar.
didnt trade G/U but got +10 on A/U
  • #47,971
  • Mar 31, 2020 5:46am Mar 31, 2020 5:46am
Quoting RieseP
{quote} Im backtesting trying to see what I will end up with hard stop midline in between the bar.
you will probably find, your worse off doing that.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #47,972
  • Mar 31, 2020 5:46am Mar 31, 2020 5:46am
Quoting RieseP
{quote} didnt trade G/U but got +10 on A/U
A/U is good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #47,973
  • Mar 31, 2020 5:54am Mar 31, 2020 5:54am
Quoting billytt
{quote} you will probably find, your worse off doing that.
Your probably right, i might start doing counters say half way through the range. I just feel trade needs breathing room before applying unessary counters. obviously this is down to trader. I would rather hit targets without having counters that's all.
  • #47,974
  • Mar 31, 2020 9:37am Mar 31, 2020 9:37am
Mmmmmm...now...a bit of a conundrum.

The Dead Zone. UC.

I have had a spanner thrown into the works.

Here's the chart:

Attached Image (click to enlarge)
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Now, looking at this, I would have said I had a Short Bias coming. Not hugely strong but short side weight nonetheless. That is going on the info I have been using so far.

As such, I wouldn't have had a trigger.

However...I have been using a piece of prop software developed by a colleague of my brother and well, guess what. That gave a solid Long Bias.

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There it is...

So...what to do? I actually didn't take the trade. I know I should have, the money spent on that software will not have been unsubstantial and though not any guarantee of its worth, I do know the source!

So, again...what to do?

I feel bad about this, as I will obviously be at least investigating this some more...hey, maybe it was a complete fluke (yeah, right...).

However, I won't be able to share this. Ever. So, does this mean I can only post my DZ choices when the Voodoo Software lines up with the bias info I use at the moment? That would work - and for now, that is what I will do.

I cannot put the genie back in the bottle and if this does what it seems to do, then I won't be able to go against it.

Oh - and did I mention that it picked up every Billy Bar direction this month?

Attached Image


Sorry folks!!!
  • #47,975
  • Mar 31, 2020 9:40am Mar 31, 2020 9:40am
Quoting lemercenaire
Mmmmmm...now...a bit of a conundrum. The Dead Zone. UC. I have had a spanner thrown into the works. Here's the chart: {image} Now, looking at this, I would have said I had a Short Bias coming. Not hugely strong but short side weight nonetheless. That is going on the info I have been using so far. As such, I wouldn't have had a trigger. However...I have been using a piece of prop software developed by a colleague of my brother and well, guess what. That gave a solid Long Bias. {image} There it is... So...what to do? I actually didn't take the trade....
Now, having said all that, waiting would have meant I would have had an easy Non-Voodoo tp on a WZ Short back through the zone. Hey ho...

Attached Image (click to enlarge)
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  • #47,976
  • Mar 31, 2020 9:52am Mar 31, 2020 9:52am
Quoting lemercenaire
Mmmmmm...now...a bit of a conundrum. The Dead Zone. UC. I have had a spanner thrown into the works. Here's the chart: {image} Now, looking at this, I would have said I had a Short Bias coming. Not hugely strong but short side weight nonetheless. That is going on the info I have been using so far. As such, I wouldn't have had a trigger. However...I have been using a piece of prop software developed by a colleague of my brother and well, guess what. That gave a solid Long Bias. {image} There it is... So...what to do? I actually didn't take the trade....
Now your just bragging about some awesome piece of software that you have that will help all of us but you cannot share it.....ugggg. Show off! jk btw.
  • #47,977
  • Mar 31, 2020 10:08am Mar 31, 2020 10:08am
Quoting bojack34
{quote} Now your just bragging about some awesome piece of software that you have that will help all of us but you cannot share it.....ugggg. Show off! jk btw.
i used to be the same, with my now defunct Pc, lol happy days. Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #47,978
  • Mar 31, 2020 10:43am Mar 31, 2020 10:43am
Quoting lemercenaire
{quote} Now, having said all that, waiting would have meant I would have had an easy Non-Voodoo tp on a WZ Short back through the zone. Hey ho... {image}
On...and on...

Attached Image (click to enlarge)
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  • #47,979
  • Mar 31, 2020 10:46am Mar 31, 2020 10:46am
Quoting RieseP
{quote} Your probably right, i might start doing counters say half way through the range. I just feel trade needs breathing room before applying unessary counters. obviously this is down to trader. I would rather hit targets without having counters that's all.
I would suggest using fib levels to run your counter entries, rather than just an arbitrary mid-line. This is a much more flexible and dynamic way of trading-a-line.

I used to give the Dead Zone mid-line far too much weight when I originally began running it, before I realised that instead of it being a good place to counter, it actually acted more like a place where price would wriggle around before often continuing on. It actually became a good place to add-in!
  • #47,980
  • Mar 31, 2020 11:07am Mar 31, 2020 11:07am
Quoting lemercenaire
{quote} I would suggest using fib levels to run your counter entries, rather than just an arbitrary mid-line. This is a much more flexible and dynamic way of trading-a-line. I used to give the Dead Zone mid-line far too much weight when I originally began running it, before I realised that instead of it being a good place to counter, it actually acted more like a place where price would wriggle around before often continuing on. It actually became a good place to add-in! ...
probably be easier to run counters at -5 and stick to use 2 counters on 1 break. problem is i don't want it to get messy have to many counters running at once. retracing another skill all together. i try only aim for +2
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