Billytt Die happy trading e/j daily breakout

Quoting bojack34

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{quote} In my opinion if you are going to soley trade the crossing of the DPV then you should trade similar to Claudia's Wine Bar strategy and wait for a H1 candle to cross and close over the DPV. Then open trade on next candle in the same direction of the cross. I'm just not the biggest fan of MA's.....especially for entries. I would wait and see what some of the more experienced traders on here have to say about this.

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Quoting billytt

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Quoting RieseP

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My new strategy giving it play let’s see what results are like, back tested in year and it brought a few hundred pips each pair - doesn’t work that well on ranging U/C A/N E/C so far this week - Targets 25 PiPS Some trades started last week but finished this week E/U +25 E/J + 25 N/J +25 N/U +25 Currently -32 on N/C but still time and if not get a correction and aim for 30 When 8EMA crosses the the Weekly Pivot aim for 25. Some pairs would be advised just aim for 20 but with ranges high and the moment they all have po Hi R,

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Quoting bojack34

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{quote} Im sorry I mispoke. I meant to say to stick to the 00-00 H4 candle with GU. NOT the 04-00 H4. Oops. I'll edit my original post

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Quoting SunnyCoast

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Good evening. I was thinking that the NTBB was every other bar other than the TBB? I could be wrong though. I'll have to do some more reading to find out which one is the NTBB. I left the SOUTH end of the GU GMT 00:00 alone earlier today and that seemed a good idea looking at it now. I have gone NORTH on the AU GMT 04:00 break and will let it play out.

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Quoting bojack34

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{quote} I've been following this thread for a while now and I've taken a bunch of notes. I've manually traded Billy's bars and i've had an EA made to trade them as well. I've spent a fair amount of time using this strategy. If you want my opinion, take it or leave it. I would stick with GU only. I would only trade the 00-00 H4 bar and the 08-15 M15 bar. You can play the 00-00 H4 bar how ever you want. I like to trade the 2nd trigger only on that bar. I personally use a SL but if you are so inclined, using a "hedge" trade[/highlight]...

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Quoting bojack34

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{quote} In my opinion if you are going to soley trade the crossing of the DPV then you should trade similar to Claudia's Wine Bar strategy and wait for a H1 candle to cross and close over the DPV. Then open trade on next candle in the same direction of the cross. I'm just not the biggest fan of MA's.....especially for entries. I would wait and see what some of the more experienced traders on here have to say about this.

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Quoting bojack34

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{quote} I've been following this thread for a while now and I've taken a bunch of notes. I've manually traded Billy's bars and i've had an EA made to trade them as well. I've spent a fair amount of time using this strategy. If you want my opinion, take it or leave it. I would stick with GU only. I would only trade the 00-00 H4 bar and the 08-15 M15 bar. You can play the 00-00 H4 bar how ever you want. I like to trade the 2nd trigger only on that bar. I personally use a SL but if you are so inclined, using a "hedge" trade[/highlight]...

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Quoting lemercenaire

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Voodoo gave The Billy-Bar and the Not-The-Billy-Bar a Weak Sell Bias this morning. Seems to have gotten that right. The NTBB was good and I'm assuming The BB was too big a range to go in on anyway. Over at the early shape for UC via The Dead Zone, we are getting a Weak Buy look at the moment, which makes sense, as although we have upward oomph, we are also heading for a pretty chunky knot of Supply above. Price is in pullback as well and if that holds, it could at least give a Wick Zone opportunity back Long. Hurry-Up-And-Wait mode.

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Quoting lemercenaire

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{quote} I would agree with that in general. I would be more inclined to wait for a momo move over and then a pullback into that (23.6/50.0 level or Z-Line) and then enter there. I would also bring the Weekly Open into play (only trade away from that level).

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Quoting lemercenaire

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{quote} Bo, can I ask you one more thing re this excellent post. I know we have talked through this for a long time and even again recently, however I don't recall if we covered this one question... Can I ask why you eventually dropped the one variant you specifically worked on for a long time - the AU 4H break? - going over to GU instead? Cheers in advance.

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Quoting turnip15

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Ran a Nas100 chart alongside the Dow. Demo trades only on the Nas. I am looking at this instrument to try on the Micro Futures with an American Broker like Amp Futures. If anyone has used AMP ( only small opening sum needed to begin trading Futures) I would like to know how you got on. {image}

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Quoting RieseP

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{quote} The weekly open sounds a good idea, I will have look and see what the results are. Generally running on a few pairs you protect yourself on the bad trades. I don’t want to over complicate it because this is my downfall adding more variables to equation and never having valid trade. I like mark Douglas saying trading is a random distribution of winners and loser and we just need a edge. as long as up end month/quarter - target 5-10% a month.

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Quoting lemercenaire

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{quote} Well, that certainly qualifies as a Weak Buy look, lol... Dead Zone UC {image}

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Quoting turnip15

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Ran a Nas100 chart alongside the Dow. Demo trades only on the Nas. I am looking at this instrument to try on the Micro Futures with an American Broker like Amp Futures. If anyone has used AMP ( only small opening sum needed to begin trading Futures) I would like to know how you got on. {image}

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Quoting lemercenaire

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{quote} I must admit, I was initially dubious as to the value of the Weekly Open but talking to another trader who had worked with it before and then with The Buy Zone completely sold me on it. Treat it as a benchmark and not as something completely set in stone - as in trading, nothing is - and it'll serve you well.

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