Billytt Die happy trading e/j daily breakout | Page 2418 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #48,341
  • Apr 19, 2020 10:17am Apr 19, 2020 10:17am
Quoting claudia1
{quote} I got 1 win and 3 places yesterday. Blame Billy. It's a bit of fun.
I will come out of isolation and admit,,,IT WAS ME, I AM TO BLAME.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,342
  • Apr 20, 2020 12:50am Apr 20, 2020 12:50am
Morning all,
Cable, 00-00 4 hour bar break.
Low broke for a bag full lol.
i had 2 trades running, one of which i have closed.

Trade well all. Stay Safe.
t 06-50
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,343
  • Apr 20, 2020 3:27am Apr 20, 2020 3:27am
Quoting billytt;12886496[I
]Morning all, Cable, 00-00 4 hour bar break. Low broke for a bag full lol. i had 2 trades running, one of which i have closed. Trade well all. Stay Safe. t 06-50[/i]
Have a good one, Billy and all.
  • #48,344
  • Apr 20, 2020 3:40am Apr 20, 2020 3:40am
First chart open as I brought the systems online and had a couple fall in place. Had to be taken ...

EU 1-min Spiders From Mars +2 +2.5 [+4.5]

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I didn't look to hold these for any length of time at all, as it was a bit of a cheeky, chancy, entry, with price having broke below the 23,6 (I went in before I overlaid the fib ).

It'll likely drop to the 5-min support below this and bounce again but I am happy enough for now.
  • #48,345
  • Apr 20, 2020 3:47am Apr 20, 2020 3:47am
Quoting lemercenaire
First chart open as I brought the systems online and had a couple fall in place. Had to be taken ... EU 1-min Spiders From Mars +2 +2.5 [+4.5] {image} I didn't look to hold these for any length of time at all, as it was a bit of a cheeky, chancy, entry, with price having broke below the 23,6 (I went in before I overlaid the fib ). It'll likely drop to the 5-min support below this and bounce again but I am happy enough for now.
Sure enough...

Look how the 5-min wicks below down to the Dynamic Pivot but never closes below the 23.6.

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  • #48,346
  • Apr 20, 2020 3:53am Apr 20, 2020 3:53am
Quoting lemercenaire
{quote} Sure enough... Look how the 5-min wicks below down to the Dynamic Pivot but never closes below the 23.6. {image}
All the way back to The Mother Ship....

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  • #48,347
  • Apr 20, 2020 4:00am Apr 20, 2020 4:00am
In stupidly late in the hour and also the US market is still closed - itchy trigger-finger...So took the +4 and glad of it

US30 1-min WalMal +4

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  • #48,348
  • Apr 20, 2020 4:32am Apr 20, 2020 4:32am
Moved over to more familiar ground and The Monster says hi...

Price was finding it hard to crack the level to the left and I didn't like that the H4 was sitting on Red, so after a bunch of wicks into that area above, I cashed out my chips.

DAX 1-min WalMal +3.4 +5.4 [+8.8]

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  • #48,349
  • Apr 20, 2020 4:35am Apr 20, 2020 4:35am
Quoting lemercenaire
Moved over to more familiar ground and The Monster says hi... Price was finding it hard to crack the level to the left and I didn't like that the H4 was sitting on Red, so after a bunch of wicks into that area above, I cashed out my chips. DAX 1-min WalMal +3.4 +5.4 [+8.8] {image}
It then of course...yadda, yadda, yadda...

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  • #48,350
  • Apr 20, 2020 5:03am Apr 20, 2020 5:03am
Looking ahead to The Dead Zone, price is sitting right in no-man's land with Supply gapped above and Demand gapped below. Voodoo gives a weedy Buy Bias at the moment.
  • #48,351
  • Apr 20, 2020 5:16am Apr 20, 2020 5:16am
Cable 08-00 15 bar break.
Low broke, Fail, high broke fail. I DID GET 5% ON HIGH BREAK THEN COUNTER.
BLAH BLAH
in between this happening I was trading the high break of the 08-00 2 hour bar, long story and I am doing ok. lol
t 11-16
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,352
  • Apr 20, 2020 5:17am Apr 20, 2020 5:17am
Good evening from down here.

Took the southern route today and passed on the trip north. That will do me for today thank you.

Finally understanding simplification and sticking to one or two things is the key.

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Take Care.
Empty your mind and let the market guide you
  • #48,353
  • Apr 20, 2020 5:22am Apr 20, 2020 5:22am
Quoting SunnyCoast
Good evening from down here. Took the southern route today and passed on the trip north. That will do me for today thank you. Finally understanding simplification and sticking to one or two things is the key. {image} Take Care.
A coach of mine used to say ''Learn what you do and do what you learn''...
  • #48,354
  • Apr 20, 2020 5:25am Apr 20, 2020 5:25am
Quoting billytt
Cable 08-00 15 bar break. Low broke, Fail, high broke fail. I DID GET 5% ON HIGH BREAK THEN COUNTER. BLAH BLAH in between this happening I was trading the high break of the 08-00 2 hour bar, long story and I am doing ok. lol t 11-16
Voodoo had a weak Short Bias. The Not-The-Billy-Bar would have taken advantage of it, while as you said, it had run out of steam by the time of The Billy-Bar.
  • #48,355
  • Apr 20, 2020 5:26am Apr 20, 2020 5:26am
The Monster is off on a wander South. There is that gap to be filled down there, of course. It's all over the shop today.

Time for a break.
  • #48,356
  • Apr 20, 2020 5:29am Apr 20, 2020 5:29am
Quoting lemercenaire
{quote} Voodoo had a weak Short Bias. The Not-The-Billy-Bar would have taken advantage of it, while as you said, it had run out of steam by the time of The Billy-Bar.
This double fail does happen at times, and it is ok.
But lately this 2 hour bar helps out big time, it helps better than the 4 hour bar, no idea long this will last but I am happy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,357
  • Apr 20, 2020 5:34am Apr 20, 2020 5:34am
Quoting billytt
{quote} This double fail does happen at times, and it is ok. But lately this 2 hour bar helps out big time, it helps better than the 4 hour bar, no idea long this will last but I am happy.
I said double fail, the high did not actually fail, it got 5% but I am /was chasing the negative trade. which is ok now
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,358
  • Apr 20, 2020 5:35am Apr 20, 2020 5:35am
Quoting lemercenaire
{quote} A coach of mine used to say ''Learn what you do and do what you learn''...
Excellent advice. Haven't heard that one before and really states the truth in trading.

Cheers
Empty your mind and let the market guide you
  • #48,359
  • Apr 20, 2020 7:26am Apr 20, 2020 7:26am
Hello Billy and friends of Billy. Im kind of aware of your system from JB thread, and ive read through loads of this one this morning. But I think ive still got it completely wrong. Ive posted they same chart twice to try and make it easy to read.

The orange lines are - the open of the day 00.00 for my broker, 10pm Uk time, that my be first mistake, as ive also marked off the two hour periods based on my Brokers time not Uk, so maybe for this concept of BO at 8am im looking at the wrong area, I don't know.
The high for ADR
and the low for ADR

The boxes are of two hours containing high and low

the arrows are possible entries, from what I understand, in the direction of the arrow. The 15m bars have gone below the previous 15m bar and the previous 2hr box. The first entry is from 8.30 broker time, 6.30 UK.
I think the second entry likely was a loser, though the long wick of the candle after means not necessarily. The 3rd and 4th arrows also look to be good for 5-10 pips+.

I haven't gone back and adjusted the ADR yet im aware of that.

Am I even close with this or am I looking at it completely wrong?? thanks in advance for any help
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  • #48,360
  • Apr 20, 2020 8:11am Apr 20, 2020 8:11am
Quoting SidneyMagal
Hello Billy and friends of Billy. Im kind of aware of your system from JB thread, and ive read through loads of this one this morning. But I think ive still got it completely wrong. Ive posted they same chart twice to try and make it easy to read. The orange lines are - the open of the day 00.00 for my broker, 10pm Uk time, that my be first mistake, as ive also marked off the two hour periods based on my Brokers time not Uk, so maybe for this concept of BO at 8am im looking at the wrong area, I don't know. The high for ADR[/highlight]...
Hi Sid.

If you are running anything on this thread, then all times quoted are the UK times. You must adjust that to your local time and / or broker time equivalent. These time slots are not random.
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