Billytt Die happy trading e/j daily breakout | Page 2464 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #49,261
  • May 28, 2020 7:09am May 28, 2020 7:09am
800 15 min i went short got stopped out cuz i didn't use adjust the range from 12.2 to 15. Once i realized my error went short again and recouped my 12.2 pip loss and took an additional 5. Am i correct Billy that when range of 15 minutes is smaller than 15 pips we need to adjust to use 15 pips as our stop loss?
  • #49,262
  • May 28, 2020 8:03am May 28, 2020 8:03am
Quoting lemercenaire
{quote} Pre-game warm up... UK100 1-min BV Chart +5.3 {image} I'm waiting on a level to break, so this is only stretching exercises. I also have to head out later, so I am not sure if I'll even be around to take advantage of what I think is going to be a very good arvo. If no one else does, at least T should get some of it, via Laura's doo-dah, assuming he's not too focused on the US30.
This is proving problematic...for now. Job partly done but taking it's time to progress on.

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Got to remember it's the end of the month as well now. Mmmmmmmm...

I've made my bag for today easily. It's sunny outside. What to do...what to do...
  • #49,263
  • May 28, 2020 8:35am May 28, 2020 8:35am
Quoting lemercenaire
{quote} This is proving problematic...for now. Job partly done but taking it's time to progress on. {image} Got to remember it's the end of the month as well now. Mmmmmmmm... I've made my bag for today easily. It's sunny outside. What to do...what to do...
SPEED BUMP!

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  • #49,264
  • May 28, 2020 8:44am May 28, 2020 8:44am
Quoting sheppy
800 15 min i went short got stopped out cuz i didn't use adjust the range from 12.2 to 15. Once i realized my error went short again and recouped my 12.2 pip loss and took an additional 5. Am i correct Billy that when range of 15 minutes is smaller than 15 pips we need to adjust to use 15 pips as our stop loss?
It still would have been a loss today even if you would have added the pips. The high broke first. If you add the extra pips to the other side it still didn't matter. It would have been stopped out regardless.

Edit: I got lucky today. I set my minimum range 13 (my lucky number, thats all) and my maximum range to 25. If it doesn't fall in between those numbers then I pass and wait for the next day.
  • #49,265
  • May 28, 2020 9:15am May 28, 2020 9:15am
Quoting bojack34
{quote} It still would have been a loss today even if you would have added the pips. The high broke first. If you add the extra pips to the other side it still didn't matter. It would have been stopped out regardless. Edit: I got lucky today. I set my minimum range 13 (my lucky number, thats all) and my maximum range to 25. If it doesn't fall in between those numbers then I pass and wait for the next day.

i have an idicator i use to show me trend , thats why i sold it rather than bought it works pretty well 95 % of the time
  • #49,266
  • May 28, 2020 10:47am May 28, 2020 10:47am
Quoting sheppy
{quote} i have an idicator i use to show me trend , thats why i sold it rather than bought it works pretty well 95 % of the time
Oh ok. So you're not trading the billy bar in the truest fashion. You put your own "twist" on it. Sorry, I was unaware.
  • #49,267
  • May 28, 2020 11:14am May 28, 2020 11:14am
Don'tcha just luuuurvvvvvv lines?!

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Can even add a secondary layer.

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  • #49,268
  • May 28, 2020 1:23pm May 28, 2020 1:23pm
Quoting sheppy
800 15 min i went short got stopped out cuz i didn't use adjust the range from 12.2 to 15. Once i realized my error went short again and recouped my 12.2 pip loss and took an additional 5. Am i correct Billy that when range of 15 minutes is smaller than 15 pips we need to adjust to use 15 pips as our stop loss?
Hi Sheppy, hope you are well.
i was actually speaking about that on Telegraph earlier.
Yes, if the range is less than 15, adjust it manually to 15.
Today the actual Low Failed , but the adjustment was good lol. but you know when i say sometimes i have a cheeky retrace trade.
Today i did .....But when it finally did retrace again and kept going down, this was good.
THEN retrace back up,
this is where i had problems, i actually made 2 mistakes . Dont ask why, i longed e/u and shorted cable, BIG ERROR. i was just mixed up
But i sorted it . Happy days.
Keep Safe.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,269
  • May 28, 2020 1:24pm May 28, 2020 1:24pm
Quoting bojack34
{quote} Oh ok. So you're not trading the billy bar in the truest fashion. You put your own "twist" on it. Sorry, I was unaware.
If Sheppy can adjust it, or even make it his own .that is good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,270
  • May 28, 2020 1:44pm May 28, 2020 1:44pm
was also going to say, my charts kept behaving odd too, all 3 of them.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,271
  • May 28, 2020 1:48pm May 28, 2020 1:48pm
Quoting billytt
{quote} Hi Sheppy, hope you are well. i was actually speaking about that on Telegraph earlier. Yes, if the range is less than 15, adjust it manually to 15. Today the actual Low Failed , but the adjustment was good lol. but you know when i say sometimes i have a cheeky retrace trade. Today i did .....But when it finally did retrace again and kept going down, this was good. THEN retrace back up, this is where i had problems, i actually made 2 mistakes . Dont ask why, i longed e/u and shorted cable, BIG ERROR. i was just mixed up But i sorted...
I guess my chart is different than yours and Sheppy's. I have a double fail today on the 08-15.

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Edit: Billy are you still letting the trade trigger first and then after your in the trade you adjust the range on the opposite side? So if the range is 12 and we have a LONG breakout. At that moment you would go to the low of the range and add 3 pips to it?
  • #49,272
  • May 28, 2020 3:21pm May 28, 2020 3:21pm
Quoting bojack34
{quote} I guess my chart is different than yours and Sheppy's. I have a double fail today on the 08-15. {image} Edit: Billy are you still letting the trade trigger first and then after your in the trade you adjust the range on the opposite side? So if the range is 12 and we have a LONG breakout. At that moment you would go to the low of the range and add 3 pips to it?
Hi Bo. Hope you are well.
Yes. I let trade trigger like today High. Then if it drops which it did, I make the range 15.
The High remains the same as it is still 15 points away.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,273
  • Edited 7:34pm May 28, 2020 5:44pm | Edited 7:34pm
I use supertrendprofit4 indicator if price is below on the 0400 using 1 hr charts i am selling the low of the 4 hrs, same goes for the 815 on a 5 minute chart, buying if close is above. i only aim for 5 pips with either 0400 or 815

https://www.forexfactory.com/attachm...5&d=1469178591
  • #49,274
  • May 29, 2020 1:01am May 29, 2020 1:01am
Morning all. Hope all is well.
Cable, 0000 4 hour break. High broke for +10 which I wanted.
Ideally I would now like it to drop so I can hunt some of the Adr, which is 109. ( my calculation).
Same thing with E/U BUT I LEFT IT.
I got in a pickle yesterday with 2 trades lol.
Trade Well All.
07-01
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,275
  • May 29, 2020 3:26am May 29, 2020 3:26am
Probably out too early but that's ok. Last day of the month and a Friday take what you can.

Break of little box, back towards pivot and round number. My sort of thing.
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  • #49,276
  • May 29, 2020 6:22am May 29, 2020 6:22am
Quoting claudia1
Probably out too early but that's ok. Last day of the month and a Friday take what you can. Break of little box, back towards pivot and round number. My sort of thing. {image}
That's just like you drew it up for class!
  • #49,277
  • May 29, 2020 6:40am May 29, 2020 6:40am
Quoting lemercenaire
{quote} That's just like you drew it up for class!
Lol it was a near perfect day.

Enough for this month time for a song - let Tom take us into a sunny weekend. Follow him with Patti and I'm out.

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  • #49,278
  • May 29, 2020 9:10am May 29, 2020 9:10am
Have a good weekend all.
Had another good week plus a crazy Thursday.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,279
  • May 29, 2020 2:40pm May 29, 2020 2:40pm
Hope everyone who could be bothered working had a successful end-of-month day.

Absolutely gorgeous out there today, long may it last.

For now, have a great weekend, all and see everyone back next week.

I leave you with this absolute classic...I now need to go put the album on .

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  • #49,280
  • May 29, 2020 8:21pm May 29, 2020 8:21pm
Hey,

From Post 1

3... CABLE 08-00 15 MINUTE BAR BREAKOUT

Where to find instructions for it?
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