Billytt Die happy trading e/j daily breakout | Page 2485 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #49,681
  • Jun 4, 2020 5:49am Jun 4, 2020 5:49am
It did try to warn me...
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Everything should be made as simple as possible, but no simpler - Einstein
  • #49,682
  • Jun 4, 2020 5:56am Jun 4, 2020 5:56am
Quoting turnip15
Wot ! Gnome officer, I haven't seen Billy. I've gnome idea if he was with someone wearing a red coat. But he doesn't like them fishing in his pond and he's gnome for shouting at them on moon lit nights. careful walking down the path officer, them gnomes can bite, gnome really sir. {image}
yaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,683
  • Jun 4, 2020 6:04am Jun 4, 2020 6:04am
Quoting turnip15
I've posted this before but it is an example of making an approach your own by experimentation. This person dissected the Ichimoku and was left with one useful line ( provided you don't use very small time scales). He uses daily but why not try 15 minutes upward. The meat of the post ( using ONE line is toward the end of the video) Try the Williams%R he uses ( he uses it in reverse to accepted use). Ignore other things alluded to in his video -keep it simple and use the line. So anyone looking for something to try out then why not experiment and...
Hahaha, I think you may find a hint or two in my charts above with oh, I dunno', the Kijun-sen on it, lol.

Folks just need to ask!
  • #49,684
  • Jun 4, 2020 6:06am Jun 4, 2020 6:06am
Quoting lemercenaire
{quote} Hahaha, I think you may find a hint or two in my charts above with oh, I dunno', the Kijun-sen on it, lol. Folks just need to ask!
Yes I was aware of that Lem. But sometimes -well -you answered it yourself
every Saint has a past. Every Sinner has a Future
  • #49,685
  • Jun 4, 2020 6:08am Jun 4, 2020 6:08am
Quoting mrcreosote
holy dog shit, see that move in the DAX? the french psycho woman will be on the wires soon Central banks defo move markets....
Yes, - reflected in the FTSE I think ( The big pink rectangle) . Them ECB folk
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every Saint has a past. Every Sinner has a Future
  • #49,686
  • Jun 4, 2020 6:44am Jun 4, 2020 6:44am
Quoting billytt
{quote} Hi Mr T, hope you are well. LINES, LINES , LINES are the way. when I was at school I wrote billions of them, I must not talk in class,,, I must not kill the PE master, I must wear full uniform, They got me ready to trade lines.
Yeah, I saw a few lines in the past times. Probably not what you're talking about, mind you, lol.
  • #49,687
  • Jun 4, 2020 7:10am Jun 4, 2020 7:10am
Quoting turnip15
{quote} Yes I was aware of that Lem. But sometimes -well -you answered it yourself
One interesting aspect for me, is his take on using the pre set settings only on Daily and H4 and up.

This does make sense, as of course, the Lightning Kumo I will use uses adjusted settings also.

However, where it becomes interesting is that he suggests that you increase the setting the lower down the timeframes you go, whereas the Lightning Kumo reduces them.

I have been cross testing and if I find any eye opening stuff of real use, then I will of course let y'all know.

For now, for what it is worth, I have been quite successfully using the standard setting for the 1-min time frame.

Just sayin'.
  • #49,688
  • Jun 4, 2020 7:28am Jun 4, 2020 7:28am
Quoting lemercenaire
{quote} Yeah, I saw a few lines in the past times. Probably not what you're talking about, mind you, lol.
some one sang a song about them white ones I believe.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,689
  • Jun 4, 2020 8:58am Jun 4, 2020 8:58am
i see a lot of GU trading here, i like that;-)
one trade done with billy`s m15 8:00 BO (yellow lines), thx.
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trading is like dancing, don't think and just listen to the music!
  • #49,690
  • Jun 4, 2020 10:14am Jun 4, 2020 10:14am
Quoting birdland
i see a lot of GU trading here, i like that;-) one trade done with billy`s m15 8:00 BO (yellow lines), thx. {image}
Do you also go for 5-10 pips like Billy? And how do you protect your self from retracements, using a stop or also counter trade on the other end if it moves back?
  • #49,691
  • Jun 4, 2020 10:20am Jun 4, 2020 10:20am
Quoting lddd
{quote} Do you also go for 5-10 pips like Billy? And how do you protect your self from retracements, using a stop or also counter trade on the other end if it moves back?
Do you know how to read market structure? If so, then try trading the 00-04 H4 bar with GU and you can place your SL where ever you think is a good place to put it. Don't worry about using the other side of the range. Maybe try placing it about 60% of the range....just beyond the 50% mark incase price retraces some.....you gotta give your trade a little room to breathe. If you want a pair that moves slower and has a smaller range then you can trade AU using the 00-00 H4 bar. If your broker is different then billys then you'll have to combine the 4 H4 candles that make up his ranges. You have been given A LOT of ideas. The rest is up to you. I don't mind helping but I refuse to help or answer anymore of your questions after this post until I see some REAL effort. Good Luck in your future endeavors.
  • #49,692
  • Jun 4, 2020 10:30am Jun 4, 2020 10:30am
Does Billy’s method for M15 08:15 requires to look at ADR first or any other pre-steps as an additional filter before placing the two pending orders at price high and low at that time?

I did read through the first 70 pages by now here, maybe a hint at what time/page of the topic M15 08:00 started?
  • #49,693
  • Jun 4, 2020 10:41am Jun 4, 2020 10:41am
Quoting birdland
i see a lot of GU trading here, i like that;-) one trade done with billy`s m15 8:00 BO (yellow lines), thx. {image}
Hi Bird. Good to see you following the yellow brick road(map) here .

Perfect example - for those who are willing to pay attention - of how to use one method to inform the entry on another.
  • #49,694
  • Jun 4, 2020 10:42am Jun 4, 2020 10:42am
Attached File(s)
File Type: ex4 jason-breakout-box_v3.ex4   14 KB | 247 downloads
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File Type: ex4 SweetSpotsGOLD_TRO_MODIFIED_VERSION.ex4   16 KB | 219 downloads
Attached File(s)
File Type: ex4 ADR_v2(1).ex4   11 KB | 216 downloads
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File Type: ex4 Pivot_Voty.ex4   72 KB | 205 downloads
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File Type: ex4 vS_PivotsD_v4.ex4   52 KB | 205 downloads
Attached File(s)
File Type: ex4 Spread(1).ex4   3 KB | 158 downloads
Attached File(s)
File Type: tpl 08-15 BAR.tpl   311 KB | 225 downloads


Here is the template for the 00-00 H4 bar for GU.
Attached File(s)
File Type: tpl 00-00 Bar.tpl   373 KB | 199 downloads



Here's what I use for the 08-15 GU. GL. This is what it looks like.

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  • #49,695
  • Jun 4, 2020 10:47am Jun 4, 2020 10:47am
Quoting birdland
i see a lot of GU trading here, i like that;-) one trade done with billy`s m15 8:00 BO (yellow lines), thx. {image}
Bird, dont forget, it does fail sometimes times.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,696
  • Jun 4, 2020 10:48am Jun 4, 2020 10:48am
Quoting billytt
{quote} some one sang a song about them white ones I believe.
Not the obvious one, from Claudia's favourite guitar player but this instead.

Inserted Video
  • #49,697
  • Jun 4, 2020 11:14am Jun 4, 2020 11:14am
Quoting bojack34
{quote} Do you know how to read market structure? If so, then try trading the 00-04 H4 bar with GU and you can place your SL where ever you think is a good place to put it. Don't worry about using the other side of the range. Maybe try placing it about 60% of the range....just beyond the 50% mark incase price retraces some.....you gotta give your trade a little room to breathe. If you want a pair that moves slower and has a smaller range then you can trade AU using the 00-00 H4 bar. If your broker is different then billys then you'll have to combine...
Thanks.

00-04 = My sleeping time.

I would like to try concentrating my trading only for the first couple of hours after the EU open and then shut down everything no matter if a losing or winning day.

Thats why i got interested in M15 08:15 method.

Regarding market structure

If you mean support, resistance, waves, chart patterns, other patterns, important levels and other stuff you could see on a price chart.

Well, I used to read a lot about it until I came here and still do, but actually my plan was to get rid of all the subjectivity and trade in a more simplified way as non of the „experts“ so far could tell me what/how any important level, support or resistance, trend, candle stick pattern helps me if it simply fails as often as it may works.

I currently try to find out if all the methods here discussed focusing on one specific time/bar, it looks like.

Most discussions I joined so far traders were most likely focusing on getting thousands of pips using tons of indicators trying to predict direction in the hope of a profitable trade, I don’t believe in that crap anymore, it might work for some but to me probably not.
  • #49,698
  • Jun 4, 2020 11:19am Jun 4, 2020 11:19am
E/U opened today 00-00 at 11232....... todays adr is 80.
Chart below , put 1 black line to show high adr area, and a line to show the low adr area.
both lines are placed on the open level.
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below, once the 00-00 4 hour bar closes, we place the 2 adr black lines at top/bottom of bar to show adr area.
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We then wait for bar High/Low to trigger, below chart, Low broke.
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the low broke for aprox 17/18.
Below . Then retrace up.
at the lowest low we place the adr black line to show High, no need to adjust the low adr line lol
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this happened today, look what happened yesterday, the day before, the day before, last week.yawn zzzzzzzzzzzzzz
My point of post is, look at that big adr we have to play with IF we have a Fail, same with Cable today
ADR is not always constant, after all it is an average.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,699
  • Jun 4, 2020 11:32am Jun 4, 2020 11:32am
You can see anything in a chart when you want to lol......that's why I decided to go totally naked And keep looking to the left
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used to be undecided but nowadays can't make my mind up
  • #49,700
  • Jun 4, 2020 11:38am Jun 4, 2020 11:38am
Quoting mrcreosote
You can see anything in a chart when you want to lol......that's why I decided to go totally naked And keep looking to the left {image}
lol, yaaaaaaaaaaaaaaay not a head and shoulders, but head and hands.oooppp i thought you meant naked trading
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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