Billytt Die happy trading e/j daily breakout | Page 2490 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #49,781
  • Jun 6, 2020 10:54am Jun 6, 2020 10:54am
[quote=bojack34;12987583]{quote} y\Yes but only after a "Fail". This is when the first break goes for less than 10 pips on the first break and then reverses to opposite break. Edit: After going back and looking at AU and the 04-00 break. It' still working just like before. If I were you I would look at getting +10 on the first break and then if it "fails" looking to double your lot size and go for 10 on the second break. I remember my stats for AU on the 2nd break getting 10 was almost 90% or something crazy. Getting 10 on the first break was also really high. That pair just moves like molasis and is boooring. If you have the patience for AU then it's a good pair and time/range to trade. You'll just have to figure out what is too small and too big of ranges to trade. To small you take the chance of both sides

Hi Bo, hope you are well.
A/U 04-00 4 hour break, my stats for second break were 20.
Some thing i do which i rarely speak about is...
example,,, if i happen to see A/U had a fail i would trade the opposite end, A sort of opportunist trade.
Or a retrace into the body,less risk.
But my main trade is the main trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,782
  • Jun 6, 2020 10:56am Jun 6, 2020 10:56am
Quoting turnip15
{quote} One could have fun trading lines there Billy. Almost 'WickZone' like.
seriously Mr T, i saw a lot of wins there.
i wont trade it though.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,783
  • Jun 6, 2020 10:57am Jun 6, 2020 10:57am
Quoting claudia1
{quote} Hundreds of them out there. Took me two minutes on Google to find one.
Cool could you provide those results to me because I was looking for one since 2 days, maybe searched for the wrong term. I tested about 5 of them and nothing worked as expected.

By the way is Meta Trader actually a good choice to trade live with as it’s heavily advertised and used by nearly all retail brokers. Could it be possible for them to manipulate it somehow?
  • #49,784
  • Jun 6, 2020 12:14pm Jun 6, 2020 12:14pm
Quoting billytt
Quoting bojack34
{quote} y\Yes but only after a "Fail". This is when the first break goes for less than 10 pips on the first break and then reverses to opposite break. Edit: After going back and looking at AU and the 04-00 break. It' still working just like before. If I were you I would look at getting +10 on the first break and then if it "fails" looking to double your lot size and go for 10 on the second break. I remember my stats for AU on the 2nd break getting 10 was almost 90% or something crazy. Getting 10 on the first break was also
...
I was trading AU recently and I thought the chart had frozen - I even refreshed it! It was moving sooooo slowly, lol.
  • #49,785
  • Jun 6, 2020 12:19pm Jun 6, 2020 12:19pm
Quoting ikdenk
{quote} Now, that begs the question: Do you really need the other two indicators underneath the price chart? Ichimoku on the yen, must be the ideal combination I would say. Although you also use it on the Dax I have seen, maybe the Germans are turning Japanese (you can find the song!)
Probably not. Probably.

However there are certain combinations that work well and they are actually a holdover from another method. I just combine chart layouts sometimes.

They do show overall bias for me combined with a potential exit warning which is useful.

Using the Kijun-sen in its own however, is no different to using the single ma in the Volman method. You really don't need anything else. Then again, I really don't need a Maserati if I have a bike...but...
  • #49,786
  • Jun 6, 2020 12:30pm Jun 6, 2020 12:30pm
Quoting ikdenk
{quote} Now, that begs the question: Do you really need the other two indicators underneath the price chart? Ichimoku on the yen, must be the ideal combination I would say. Although you also use it on the Dax I have seen, maybe the Germans are turning Japanese (you can find the song!)
Also...and probably the primary consideration, is that ichimoku was developed for and is at its best on the Daily charts. Using the same Kijun-sen setting for the 1-min tf is a tad, shall we say, open to conversation.

On the Thunder + Lightning method, both clouds have different setting, for instance.

So having my two filters can keep me in a trade when the Kijun-sen was suggesting get out.

I am investigating the use of different settings - apparently the lower the time frame, the higher the setting should be but as noted above earlier, I'm not seeing it yet.

I should also point out, that using the Kijun-sen with HA candles is a fantastic bias indicator and although not to be trusted as an entry method, can be very effective for exits.

I will use a separate chart set-up to run alongside the main player with that.
  • #49,787
  • Jun 6, 2020 1:58pm Jun 6, 2020 1:58pm
hey billy, you are the Stat King of GU and I hail you!
So serious head on
I haven't looked at the ADR or ATR for cable for a while but I think it's something between 90-100.....which doesn't really matter if you are only going for 5-10 pips
BUT do you have the stats for the ADR of the 8am 15min candle? How about the ADR for the 0-4am 4-8am candles?
Muchos gracias!!
used to be undecided but nowadays can't make my mind up
  • #49,788
  • Jun 6, 2020 2:08pm Jun 6, 2020 2:08pm
Somebody just told me Billy is from Wigan?
Is this him as a boy queuing up for some meat n tatty pie before tootling off to the gulag at Wigan Pier?
By eck lad it were grim oop north in those days
Attached Image

Edit: bloody hell I must have cycled the 'Road to Wigan Pier' cos it's part of the Leeds to Liverpool canal route, get in!
used to be undecided but nowadays can't make my mind up
  • #49,789
  • Jun 6, 2020 2:53pm Jun 6, 2020 2:53pm
Quoting mrcreosote
Somebody just told me Billy is from Wigan? Is this him as a boy queuing up for some meat n tatty pie before tootling off to the gulag at Wigan Pier? By eck lad it were grim oop north in those days {image} Edit: bloody hell I must have cycled the 'Road to Wigan Pier' cos it's part of the Leeds to Liverpool canal route, get in!
Wrong,,, that was my son about 2 weeks ago, lol
the leeds/liverpool canal, i have been along miles and miles of it in the past... its hard walking wearing clogs.yaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,790
  • Jun 6, 2020 2:57pm Jun 6, 2020 2:57pm
Quoting bojack34
{quote} y\Yes but only after a "Fail". This is when the first break goes for less than 10 pips on the first break and then reverses to opposite break. Edit: After going back and looking at AU and the 04-00 break. It' still working just like before. If I were you I would look at getting +10 on the first break and then if it "fails" looking to double your lot size and go for 10 on the second break. I remember my stats for AU on the 2nd break getting 10 was almost 90% or something crazy. Getting 10 on the first break was also really high. That pair...
Thanks BO, another very helpful post and might I add it is exceptionally selfless of you and Billy to be sharing your stats with us. I will bear your points in mind when trading AU. I know what you mean by it being slow. However, I'd take that over Lem's favourite pet monster the Dax , which has a tendancy to chew people up and spit them out, all by 8:05am.
  • #49,791
  • Jun 6, 2020 2:59pm Jun 6, 2020 2:59pm
Quoting mrcreosote
hey billy, you are the Stat King of GU and I hail you! So serious head on I haven't looked at the ADR or ATR for cable for a while but I think it's something between 90-100.....which doesn't really matter if you are only going for 5-10 pips BUT do you have the stats for the ADR of the 8am 15min candle? How about the ADR for the 0-4am 4-8am candles? Muchos gracias!!
ATR, something about that i dislike ,so i will never go near.

ADR is for Fixing a fail, or nowadays i just play trade for part of the range, if i am not fixing

My ex who got me stats for everything off the Uni computers had stuff like the hour bars etc, but honestly i do not need them for the 08-00 15.
It currently runs like 8 to 20,,, anything too big i wont touch,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,792
  • Jun 6, 2020 3:03pm Jun 6, 2020 3:03pm
Quoting ia1979
{quote} Thanks BO, another very helpful post and might I add it is exceptionally selfless of you and Billy to be sharing your stats with us. I will bear your points in mind when trading AU. I know what you mean by it being slow. However, I'd take that over Lem's favourite pet monster the Dax , which has a tendancy to chew people up and spit them out, all by 8:05am.
Hi Ia, to change from E/J daily trading to A/U 04-00 4 hour bar trading is a big move, it goes from more involvement and (risk). to a more money making venture.
A/U is definitely a slower mover, BUT dont let this deceive you as it can move.
It is quite easy to trade too;
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,793
  • Jun 7, 2020 8:55am Jun 7, 2020 8:55am
Would you trade M15 08:15 in case of an scheduled mid impact news at 08:00?

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  • #49,794
  • Jun 7, 2020 9:07am Jun 7, 2020 9:07am
Quoting lddd
Would you trade M15 08:15 in case of an scheduled mid impact news at 08:00? {image}
You have that wrong. It's out at 07:00 UK time so any effect is long gone by 08:15. Also it's EUR not GBP.
  • #49,795
  • Jun 7, 2020 9:24am Jun 7, 2020 9:24am
Quoting claudia1
{quote} You have that wrong. It's out at 07:00 UK time so any effect is long gone by 08:15. Also it's EUR not GBP.
thank you Claudia.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,796
  • Jun 7, 2020 9:25am Jun 7, 2020 9:25am
If i am aware of any high impact news, i will not trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,797
  • Jun 7, 2020 9:29am Jun 7, 2020 9:29am
Quoting billytt
If i am aware of any high impact news, i will not trade
Thanks. Do also pass on certain days like Monday, Friday?
  • #49,798
  • Jun 7, 2020 9:31am Jun 7, 2020 9:31am
I earned 20 000%. Do you want me to help make money from forex?
https://www.myfxbook.com/members/Tru...YKnYqg3DlZMTUg
  • #49,799
  • Jun 7, 2020 9:41am Jun 7, 2020 9:41am
Quoting trung407923
I earned 20 000%. Do you want me to help make money from forex? https://www.myfxbook.com/members/Tru...YKnYqg3DlZMTUg
yes please, put me down and guests Claudia, Lem, Mr T.
Thank you we cannot wait.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #49,800
  • Jun 7, 2020 9:42am Jun 7, 2020 9:42am
Quoting trung407923
I earned 20 000%. Do you want me to help make money from forex? https://www.myfxbook.com/members/Tru...YKnYqg3DlZMTUg
Delete this spam or I'll suspend you from the forum for violation of rules. Promise.
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