Billytt Die happy trading e/j daily breakout | Page 2483 | 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

  • #49,641
  • Jun 3, 2020 6:59pm Jun 3, 2020 6:59pm
Quoting lemercenaire
Life's too short.
  • #49,642
  • Jun 3, 2020 7:59pm Jun 3, 2020 7:59pm
Took an interest in Cable while actually waiting on an EA set-up to get its act together.

The double-dip entry is via an method but the Kijun-sen would have given it just as well.

Closed out as price got to the 200 ma.

GU 15-min +12.8 +16.5 [+29.3]

Attached Image (click to enlarge)
Click to Enlarge Name: InkedGUon15minViaDeadHorseEntryOnTheLateShow3rd-4thJune2020fro+12.8+16.5_LI.jpg Size: 615 KB
  • #49,643
  • Jun 3, 2020 8:02pm Jun 3, 2020 8:02pm
Quoting lemercenaire
Took an interest in Cable while actually waiting on an EA set-up to get its act together. The double-dip entry is via an method but the Kijun-sen would have given it just as well. Closed out as price got to the 200 ma. GU 15-min +12.8 +16.5 [+29.3] {image}
Double-Dipping the entry means it doesn't bug me quite so much when price decides to completely ignore the 200 on its way South of The Border .

Attached Image (click to enlarge)
Click to Enlarge Name: InkedGUstilltruckinfornowofcourse3rd-4thJune2020_LI.jpg Size: 558 KB
  • #49,644
  • Jun 3, 2020 8:06pm Jun 3, 2020 8:06pm
Quoting lemercenaire
{quote} Double-Dipping the entry means it doesn't bug me quite so much when price decides to completely ignore the 200 on its way South of The Border . {image}
phew, if i'm still stubborn and ask for it
  • #49,645
  • Jun 3, 2020 8:06pm Jun 3, 2020 8:06pm
Done. Ain't life grand? Back tomorrow.
  • #49,646
  • Edited 10:57pm Jun 3, 2020 10:21pm | Edited 10:57pm
Attached Image

Now that the 00:00 4 hours had formed I think should have ample time to place whatever order or stop loss.
If we have some prior direction bias that will definitely help.
we can also beautify the chart, change color, change time frame, change anything.
BUT if no prior direction bias and just staring at the movement of PA with our fatty fast fingers, it will be akin to video gaming challenges.
  • #49,647
  • Jun 3, 2020 10:58pm Jun 3, 2020 10:58pm
Quoting lemercenaire
{quote} The 04:00 is on AU though, remember, not Cable.
Bo said A/U. Hope your well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,648
  • Jun 3, 2020 11:10pm Jun 3, 2020 11:10pm
Cable 00-00 range is big so I will trade off the 2 hour bar later.
I am short E/U. This was a valid entry but I should not be trading it. Lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,649
  • Jun 4, 2020 1:11am Jun 4, 2020 1:11am
Cable, 00-00 4 hour bar. High 12580...… Low 12529,, Range is 51 . My adr is 109
I will trade this off a 2 hour bar as the 51 range is too big. I wait6 bfor entry later.
Chart below shows adr high/Low area at time of posting.
Attached Image

t 07-11

edit, adr range will be adjusted as price moves.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,650
  • Jun 4, 2020 1:28am Jun 4, 2020 1:28am
Quoting lddd
{quote} No? :-) Is a SL of 5 on 8:15 GU like soccerfan told me to try maybe not a bit to „small“. Maybe there is a difference to the rest of the day but I tried doing that on demo for some more M15 candles for today and most of the trades were taken out at SL 5. Then I also did set a pending order at the opposite end of that candle and waited for getting that triggered but now hunting for +10 TP and a SL 5 again but doubled that trade to end up +5 by the end. Now guess what, most of these recovery trades, retraced back quickly and stopped me out...
Hi IDD..if u find 5 too small then make it bigger to 10
Backtest
Then you compare risk to reward..10 to 5
Then you may change the 5
But you will be making a plan and it will be yours..!!
Onwards and upwards...
  • #49,651
  • Jun 4, 2020 1:40am Jun 4, 2020 1:40am
Quoting soccerfan
{quote} Hi IDD..if u find 5 too small then make it bigger to 10 Backtest Then you compare risk to reward..10 to 5 Then you may change the 5 But you will be making a plan and it will be yours..!!
Hi SF, my stats were originally for 10 points, but I get better odds with 5.
Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,652
  • Jun 4, 2020 1:55am Jun 4, 2020 1:55am
Quoting billytt
{quote} Hi SF, my stats were originally for 10 points, but I get better odds with 5. Hope you are well.
Yes welll, thanks, hope u are enjoying your great weather
We have a long weekend for the Queen's birthday, so a trip to Melbourne is in order
I have changed my plan a few times based on your stats and back testing....thanks a million
Cheers
Onwards and upwards...
  • #49,653
  • Jun 4, 2020 1:59am Jun 4, 2020 1:59am
E/U 00-00 4 hour bar... High =11236,,,,,,, Low 11213. range 23. my adfr = 80
chart below showing adr high/low areas , copied approx. 07-56.
Attached Image


time now 07-58
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,654
  • Jun 4, 2020 2:02am Jun 4, 2020 2:02am
Quoting soccerfan
{quote} Yes welll, thanks, hope u are enjoying your great weather We have a long weekend for the Queen's birthday, so a trip to Melbourne is in order I use my own take on Billybar and it is all good, based on your stats and backtesting.... Cheers
and you should make it your own, That way you are in charge.
We can do all sorts of variations,
BO made a good post, he knows my method quite well and perfected it to his own style.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,655
  • Jun 4, 2020 2:18am Jun 4, 2020 2:18am
Attached Image (click to enlarge)
Click to Enlarge Name: Xb2u99M.png Size: 23 KB


08:00 15 MINUTES

And Billy booked his 5 hooray
  • #49,656
  • Jun 4, 2020 2:26am Jun 4, 2020 2:26am
got my 5 on both 000 4hr and 0800 15 min Thanks Billy and Claudia for coaching me and putting up with my stupid questions over the years
  • #49,657
  • Jun 4, 2020 2:43am Jun 4, 2020 2:43am
Quoting sheppy
got my 5 on both 000 4hr and 0800 15 min Thanks Billy and Claudia for coaching me and putting up with my stupid questions over the years
Thanks !. Don't remember any stupid questions - anyway you got there in the end which is great.
  • #49,658
  • Jun 4, 2020 2:48am Jun 4, 2020 2:48am
Cable, 08-00 15 minute bar break.
Low broke for 5%, I was already in a smaller short which is also closed
same with e/u.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,659
  • Jun 4, 2020 2:50am Jun 4, 2020 2:50am
Quoting sheppy
got my 5 on both 000 4hr and 0800 15 min Thanks Billy and Claudia for coaching me and putting up with my stupid questions over the years

nice one bud, I cannot remember you asking anything stupid, or did you mention rugby lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,660
  • Jun 4, 2020 2:51am Jun 4, 2020 2:51am
Quoting failinforex
{image} 08:00 15 MINUTES And Billy booked his 5 hooray
my main 5% is in and I had 2 shorts off a 2 hour bar with cable and e/u.

goning to have coffee and feed, then check daily ranges with a view to trading later. maybe
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
19 traders viewing now