Billytt Die happy trading e/j daily breakout

Quoting birdland

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{quote} ah ok thx, so it should be like this bar? (blue rectangle yesterday, red today) {image}

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Quoting Nikl

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Hi All For those who are interested another potential filter for the M15 08-00 Billy Bar: Williams %R with a 32 look back period. Above -50 Long Bias only below -50 short Bias only. I'm using 32 as there's 32 15 minute bars from 0-00 . This is only a concept at the moment which I'm going to look into. Will keep you informed. Cheers {image}

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Quoting ia1979

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{quote} Might be easier using 1 hour bars. 4 hour bars can be different, depending on broker times etc. Put a box around the following 4 bars: Bar starting at 4am Bar starting at 5am Bar starting at 6am Bar starting at 7am Play the breakout. Billy's stats suggest that if the first break doesn't get 10 pips, second break on the other side will usually get 20 pips. Remember that it can fail. Only try it once or twice max on one day.

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Quoting lddd

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{quote} Ok so what stop loss did you use for your trades to make + 5 Pips to get there or not used any stop loss and crossed fingers instead?... If I am trying to make +1% on a single trade this would equal +5 Pips. There are about 20 days in 30 month, so 20 Trades I could make 100 Pips if win rate = 100%. This would book in +20% by the end of a month or 20k USD according to my account size. Now losing half of the trades i get a 50% win rate I would make -20% +20% so break even = $0 or more like negative because of commissions. This would assume...

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Quoting birdland

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{quote} Iddd, warum versuchst du nicht alles was du in den letzten 11 jahren hier gelernt hast zu etwas persönlichem zu verbinden? wenn du alles kombinierst und dich auf ein paar konzentrierst, was dir liegt, dann wirst auch du gewinnen, konstant, jeden tag. alles hat sinn gemacht, was du gelernt hast, zb. runde nummern, trendlinien, bollinger band, inside bars, etc... und wenn du es verbindest, dann hast du dein eigenes system, was nur du alleine so handeln kannst.

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Quoting mrcreosote

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US30 interesting PA just shot up 100 - backed the wrong horse

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Quoting claudia1

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{quote} Speaking of horses where is Lem. Two winners so far today and +65 on cable this morning. Deserve a nice chilled drink.

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Quoting mrcreosote

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{quote} Thanks just rub salt in my wounds!!

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Quoting claudia1

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{quote} lol but was an easy morning. Break of t/l, pivot, round number, little blue box then down to yesterday's low. Perfect day for me. Wine is out.

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Quoting mrcreosote

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{quote} yes! everything is easy when you know how! maybe I should stop trying to trade reversals? So do you ever trade reversals?

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Quoting claudia1

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{quote} 90% of my trades are sells so yep I trade reversals and break outs. Edit: today wasn't a reversal was just coming off a high.

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Quoting DavidRP

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{quote} Selling machine!

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Quoting claudia1

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{quote} lol but was an easy morning. Break of t/l, pivot, round number, little blue box then down to yesterday's low. Perfect day for me. Wine is out. {image}

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Quoting birdland

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{quote} great trading! may i ask the "little box" is just an inside bar or just a box u recognize?

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